Quarter-end debt of ~$6.4B
Company: Applied Digital
The claim, verbatim
Applied Digital ended fiscal Q1 2027 with about $6.4 billion of debt, roughly $2.9 billion in cash and $0.7 billion of restricted cash.
Source (primary)
What Could Derail Applied Digital Stock? - Trefis (-, news_article)
View cached copy (2026-10-13)Live source ↗Archive.org ↗
Quote: “Applied Digital ended the quarter carrying about $6.4 billion of debt. Against that liability, the company held roughly $2.9 billion in cash and $0.7 billion of restricted cash.”
How we checked this
Checked on October 15, 2026. The cited source supports every part of this claim.
The article gives these debt and cash figures for the quarter it identifies as fiscal Q1 2027.
Confirmed in the source:
- Applied Digital ended fiscal Q1 2027 with about $6.4 billion of debt
- Applied Digital held roughly $2.9 billion in cash at quarter end
- Applied Digital held $0.7 billion of restricted cash at quarter end
What we did: Read our cached copy of the publisher (https://www.trefis.com/stock/apld/articles/618325/what-could-derail-applied-digital-stock/2026-10-12) in full (12,364 characters, retrieved October 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms What Could Derail Applied Digital Stock? - Trefis
Quote: “Applied Digital ended the quarter carrying about $6.4 billion of debt. Against that liability, the company held roughly $2.9 billion in cash and $0.7 billion of restricted cash.”