Contracted revenue backlog ~$36B
Company: Applied Digital
The claim, verbatim
Applied Digital has about $36 billion in contracted revenue across five campuses in three states.
Source (primary)
Applied Digital Wants to Add 600 Megawatts in a Year. Can It Pay for It? - Yahoo Finance (-, news_article)
View cached copy (2026-10-13)Live source ↗Archive.org ↗
Quote: “Applied Digital Corporation (NASDAQ: APLD ) has about $36 billion in contracted revenue.”
How we checked this
Checked on October 15, 2026. The cited source supports every part of this claim.
The article states Applied Digital has about $36 billion in contracted revenue and that the backlog covers five campuses across three states.
Confirmed in the source:
- Applied Digital has about $36 billion in contracted revenue
- The contracted backlog covers five campuses across three states
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/applied-digital-wants-add-600-212536484.html) in full (10,616 characters, retrieved October 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital Wants to Add 600 Megawatts in a Year. Can It Pay for It? - Yahoo Finance
Quote: “Applied Digital Corporation (NASDAQ: APLD ) has about $36 billion in contracted revenue.”
confirms Applied Digital Plugs Into Hyperscaler Buyout Bids - The Globe and Mail
Quote: “The fiscal first-quarter 2027 earnings release revealed roughly $36 billion in contracted revenue over initial lease terms.”