Expansion lease rates >15% above earlier agreements
Company: Applied Digital
The claim, verbatim
Executives said lease rates on the expansion leases could be more than 15% higher than earlier agreements, but declined to give a precise figure.
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. They declined to name a precise figure.”
How we checked this
Checked on October 16, 2026. The cited source supports every part of this claim.
The article reports that, when asked on the call to define the higher expansion lease rates, executives said they could be more than 15% higher and declined to name a precise figure.
Confirmed in the source:
- Executives said lease rates on the expansion leases could be more than 15% higher than earlier agreements.
- Executives declined to give a precise figure for the lease rates.
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. They declined to name a precise figure.”