Leased critical IT load and contracted revenue
Company: Applied Digital
The claim, verbatim
APLD had 1.41 GW of critical IT load under lease across five campuses, representing $36 billion of base-term contracted revenues.
Source (primary)
Applied Digital Q1 Earnings Miss on Higher Costs, Revenues Beat - Yahoo Finance (-, news_article)
View cached copy (2026-10-09)Live source ↗
Quote: “APLD had 1.41 GW of critical IT load under lease across five campuses, representing $36 billion of base-term contracted revenues.”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The article states this sentence nearly word for word.
Confirmed in the source:
- APLD had 1.41 GW of critical IT load under lease
- The leased load spans five campuses
- The leases represent $36 billion of base-term contracted revenues
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/applied-digital-q1-earnings-miss-140100245.html) in full (12,813 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital Q1 Earnings Miss on Higher Costs, Revenues Beat - Yahoo Finance
Quote: “APLD had 1.41 GW of critical IT load under lease across five campuses, representing $36 billion of base-term contracted revenues.”
confirms Applied Digital Q1 Earnings Miss on Higher Costs, Revenues Beat - Zacks Investment Research
Quote: “APLD had 1.41 GW of critical IT load under lease across five campuses, representing $36 billion of base-term contracted revenues”