1.41 GW under lease backing $36B contracted revenue
Company: Applied Digital
The claim, verbatim
The company has 1.41 GW of critical IT load under lease, backing $36 billion in contracted revenue.
Source (primary)
Applied Digital Stock Gains as Fiscal Q1 Revenue Leaps 300% - TIKR.com (-, news_article)
View cached copy (2026-10-10)Live source ↗Archive.org ↗
Quote: “The company has 1.41 GW of critical IT load under lease. That backs $36 billion in contracted revenue.”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The article states both the 1.41 GW under lease and the $36 billion in contracted revenue it backs.
Confirmed in the source:
- The company has 1.41 GW of critical IT load under lease
- That leased load backs $36 billion in contracted revenue
What we did: Read our cached copy of the publisher (https://www.tikr.com/blog/applied-digital-stock-q1-revenue-jumps-322-percent) in full (7,061 characters, retrieved October 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital Stock Gains as Fiscal Q1 Revenue Leaps 300% - TIKR.com
Quote: “The company has 1.41 GW of critical IT load under lease. That backs $36 billion in contracted revenue.”