Expansion lease rate uplift
Company: Applied Digital
The claim, verbatim
Executives stated expansion lease rates could be more than 15% higher than earlier agreements.
Source (primary)
How Much Of Applied Digital’s Fiscal Q1 Revenue Was Rent? - Yahoo Finance (-, news_article)
View cached copy (2026-10-14)Live source ↗
Quote: “executives stated that lease rates could be more than 15% higher”
How we checked this
Checked on October 16, 2026. The cited source supports every part of this claim.
The article says management expects expansion leases at materially higher prices than earlier agreements. It also says executives, asked on the call to define those rates, stated they could be more than 15% higher.
Confirmed in the source:
- Executives stated expansion lease rates could be more than 15% higher
- The comparison is to earlier agreements
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/much-applied-digital-fiscal-q1-182643294.html) in full (10,915 characters, retrieved October 14, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms How Much Of Applied Digital’s Fiscal Q1 Revenue Was Rent? - Yahoo Finance
Quote: “executives stated that lease rates could be more than 15% higher”