US contracted pipeline – 1.4 GW / ~$36B over 15-year leases
Company: Applied Digital
The claim, verbatim
At the end of fiscal 2026, Applied Digital had about 1.4 GW of contracted critical IT load across five U.S. campuses. This represents roughly $36 billion in contracted revenue over initial 15-year lease terms.
Source (primary)
Applied Digital Secures Up To 1 GW Of Potential Power Capacity In Finland, Says Talks With Hyperscale Customers Underway - Yahoo Finance (-, news_article)
View cached copy (2026-10-07)Live source ↗Archive.org ↗
Quote: “the company had about 1.4 gigawatts of contracted critical information technology load across five U.S. campuses, representing roughly $36 billion in contracted revenue over initial 15-year lease terms”
How we checked this
Checked on October 9, 2026. The cited source supports every part of this claim.
The article reports the fiscal 2026 year-end pipeline of about 1.4 GW across five U.S. campuses, worth roughly $36 billion over initial 15-year leases, exactly as claimed.
Confirmed in the source:
- At the end of fiscal 2026, Applied Digital had about 1.4 GW of contracted critical IT load
- The contracted load spans five U.S. campuses
- The contracted load represents roughly $36 billion in contracted revenue
- The revenue figure is over initial 15-year lease terms
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/technology/ai/articles/applied-digital-secures-1-gw-121804563.html) in full (11,816 characters, retrieved October 7, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital Secures Up To 1 GW Of Potential Power Capacity In Finland, Says Talks With Hyperscale Customers Underway - Yahoo Finance
Quote: “the company had about 1.4 gigawatts of contracted critical information technology load across five U.S. campuses, representing roughly $36 billion in contracted revenue over initial 15-year lease terms”