jain.com

Cash $3.7B and debt $6.4B

Company: Applied Digital

Subject kind
financing
Statement date
2026-10-07
Promised amount
6400000000.0 USD
Current status
stated

The claim, verbatim

Reported $3.7 billion in cash and cash equivalents and $6.4 billion in debt.

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 reported $3.7 billion in cash and cash equivalents and $6.4 billion in debt on its balance sheet.”

How we checked this

Checked on October 14, 2026. The cited source supports every part of this claim.

The article states the company reported $3.7 billion in cash and cash equivalents and $6.4 billion in debt on its balance sheet.

Confirmed in the source:

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 reported $3.7 billion in cash and cash equivalents and $6.4 billion in debt on its balance sheet.”

View cached copy (2026-10-09)Live source ↗Archive.org ↗