Cash and debt at quarter-end
Company: Applied Digital
The claim, verbatim
Cash, cash equivalents and restricted cash totaled $3.7 billion as of Aug. 31, while debt stood at $6.4 billion.
Source (primary)
Applied Digital Q1 Earnings Miss on Higher Costs, Revenues Beat - Zacks Investment Research (-, news_article)
View cached copy (2026-10-10)Live source ↗Archive.org ↗
Quote: “Cash, cash equivalents and restricted cash totaled $3.7 billion as of Aug. 31, while debt stood at $6.4 billion”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The article states both the $3.7 billion cash figure and the $6.4 billion debt figure as of Aug. 31.
Confirmed in the source:
- Applied Digital's cash, cash equivalents and restricted cash totaled $3.7 billion as of Aug. 31
- Applied Digital's debt stood at $6.4 billion as of Aug. 31
What we did: Read our cached copy of the publisher (https://www.zacks.com/stock/news/3003018/applied-digital-q1-earnings-miss-on-higher-costs-revenues-beat) in full (16,767 characters, retrieved October 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital Q1 Earnings Miss on Higher Costs, Revenues Beat - Zacks Investment Research
Quote: “Cash, cash equivalents and restricted cash totaled $3.7 billion as of Aug. 31, while debt stood at $6.4 billion”