1.41 GW leased, ~$36B contracted revenue
Company: Applied Digital
What the later record shows
Not a promise: a reported event · happened August 31, 2026
The claim reports a status that already held on Aug 31, 2026: about 1.41 GW leased across five campuses and about $36B of base-term contracted revenue. It is not a commitment, and later coverage and the investor presentation restate the same figures.
“As of Aug. 31, 2026, APLD had approximately 1.41 GW of contracted critical IT load across five campuses, representing about $36 billion of contracted revenues over initial base terms.”
2026-10-08 · Can APLD's $36B Contracted Revenue Base Drive Long-Term Growth? - TradingView View cached copy (2026-10-09)Live source ↗Archive.org ↗
“APLD had 1.41 GW of critical IT load under lease across five campuses, representing $36 billion of base-term contracted revenues.”
2026-10-08 · Applied Digital Q1 Earnings Miss on Higher Costs, Revenues Beat - Yahoo Finance View cached copy (2026-10-09)Live source ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
As of Aug 31, 2026, held leases for approximately 1.41 GW of critical IT load across five campuses, representing about $36 billion of contracted revenue over initial base terms.
Source (primary)
Applied Digital surges on Q1 beat, data center expansion - Yahoo Finance (-, news_article)
View cached copy (2026-10-09)Live source ↗Archive.org ↗
Quote: “the company held leases for approximately 1.41 GW of critical IT load across five campuses, representing approximately $36 billion of contracted revenue over initial base terms”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The article states that as of August 31, 2026, the company held leases for about 1.41 GW across five campuses, representing about $36 billion of contracted revenue over initial base terms.
Confirmed in the source:
- As of August 31, 2026, Applied Digital held leases for approximately 1.41 GW of critical IT load
- The leased capacity spans five campuses
- The leases represent approximately $36 billion of contracted revenue over initial base terms
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/applied-digital-posts-top-line-210720470.html) in full (9,628 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital surges on Q1 beat, data center expansion - Yahoo Finance
Quote: “the company held leases for approximately 1.41 GW of critical IT load across five campuses, representing approximately $36 billion of contracted revenue over initial base terms”