1.41 GW under lease, $36B base-term contracted revenue
Company: Applied Digital
The claim, verbatim
Applied Digital 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 all of these figures directly.
Confirmed in the source:
- Applied Digital had 1.41 GW of critical IT load under lease
- The leased load spans five campuses
- It represents $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.”
confirms Applied Digital Shares Rise 4% After Q1 Revenue Beat and Expansion of AI Data Centre Capacity - Yahoo Finance
Quote: “These agreements represent approximately $36 billion in contracted revenue over their initial base terms”