1,410 MW contracted critical IT load, ~$36B base-term lease revenue
Company: Applied Digital
The claim, verbatim
As of May 31, the company had about 1,410 MW of contracted critical IT load across five campuses, representing about $36 billion in base-term lease revenue and roughly $86 billion including renewal options.
Source (primary)
Applied Digital to Report First-Quarter Earnings: Will APLD Stock Break $20 or Rebound Off Support? - FXLeaders (-, news_article)
View cached copy (2026-10-09)Live source ↗Archive.org ↗
Quote: “The company also had approximately 1,410 MW of contracted critical IT load across five campuses as of May 31, representing about $36 billion in base-term lease revenue and roughly $86 billion when renewal options are included.”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The article gives the contracted load, number of campuses, date, and both lease revenue figures exactly as claimed.
Confirmed in the source:
- As of May 31, Applied Digital had about 1,410 MW of contracted critical IT load
- The contracted load spans five campuses
- The contracted load represents about $36 billion in base-term lease revenue
- The figure is roughly $86 billion including renewal options
What we did: Read our cached copy of the publisher (https://www.fxleaders.com/news/2026/10/07/applied-digital-to-report-first-quarter-earnings-will-apld-stock-break-20-or-rebound-off-support/) in full (29,347 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital to Report First-Quarter Earnings: Will APLD Stock Break $20 or Rebound Off Support? - FXLeaders
Quote: “The company also had approximately 1,410 MW of contracted critical IT load across five campuses as of May 31, representing about $36 billion in base-term lease revenue and roughly $86 billion when renewal options are included.”