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Quarter-end cash and restricted cash

Company: Applied Digital

Subject kind
financing
Statement date
2026-10-08
Promised amount
3700000000.0 USD
Current status
stated

The claim, verbatim

Applied Digital had $3.7 billion in cash, cash equivalents and restricted cash at quarter-end.

Source (primary)

Can APLD's $36B Contracted Revenue Base Drive Long-Term Growth? - The Globe and Mail (-, news_article)
View cached copy (2026-10-11)Live source ↗Archive.org ↗

Quote: “$3.7 billion in cash, cash equivalents and restricted cash at quarter-end”

How we checked this

Checked on October 15, 2026. The cited source supports every part of this claim.

The article states that APLD had $3.7 billion in cash, cash equivalents and restricted cash at quarter-end.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.theglobeandmail.com/investing/markets/stocks/CORZ/pressreleases/5091546/can-aplds-36b-contracted-revenue-base-drive-long-term-growth/) in full (7,226 characters, retrieved October 11, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Can APLD's $36B Contracted Revenue Base Drive Long-Term Growth? - The Globe and Mail

Quote: “$3.7 billion in cash, cash equivalents and restricted cash at quarter-end”

View cached copy (2026-10-11)Live source ↗Archive.org ↗