$36B contracted revenue backlog
Company: Applied Digital
The claim, verbatim
In fiscal Q1, Applied Digital reported $36 billion in contracted revenue tied to five campuses across three states.
Source (primary)
Applied Digital Stock Is Up Against a Bigger Opportunity Than 322% Revenue Growth. Here’s How. - Yahoo Finance (-, news_article)
View cached copy (2026-10-15)Live source ↗Archive.org ↗
Quote: “In the first quarter, Applied Digital reported $36 billion in contracted revenue tied to five campuses located across three states.”
How we checked this
Checked on October 16, 2026. The cited source supports every part of this claim.
The article reports $36 billion in contracted revenue across five campuses in three states for the fiscal first quarter.
Confirmed in the source:
- Applied Digital reported $36 billion in contracted revenue in its fiscal first quarter
- The contracted revenue is tied to five campuses
- The campuses are located across three states
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/applied-digital-stock-against-bigger-182221422.html) in full (14,191 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital Stock Is Up Against a Bigger Opportunity Than 322% Revenue Growth. Here’s How. - Yahoo Finance
Quote: “In the first quarter, Applied Digital reported $36 billion in contracted revenue tied to five campuses located across three states.”