Cash $3.7B and debt $6.4B
Company: Applied Digital
The claim, verbatim
As of August 31, 2026, $3.7 billion in cash, cash equivalents and restricted cash, and $6.4 billion in debt.
Source (primary)
Applied Digital Reports Fiscal First Quarter 2027 Results - Applied Digital Corporation (APLD) (-, news_article)
View cached copy (2026-10-08)Live source ↗Archive.org ↗
Quote: “the Company had $3.7 billion in cash, cash equivalents, and restricted cash, along with $6.4 billion in debt”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The Balance Sheet section states both figures as of August 31, 2026.
Confirmed in the source:
- As of August 31, 2026, Applied Digital had $3.7 billion in cash, cash equivalents and restricted cash
- As of August 31, 2026, Applied Digital had $6.4 billion in debt
What we did: Read our cached copy of the publisher (https://ir.applieddigital.com/news-events/press-releases/detail/163/applied-digital-reports-fiscal-first-quarter-2027-results) in full (41,009 characters, retrieved October 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital Reports Fiscal First Quarter 2027 Results - Applied Digital Corporation (APLD)
Quote: “the Company had $3.7 billion in cash, cash equivalents, and restricted cash, along with $6.4 billion in debt”