jain.com

Cash and equivalents at quarter end

Company: Applied Digital

Subject kind
financing
Statement date
2026-10-14
Promised amount
2900000000.0 USD
Current status
stated

The claim, verbatim

Applied Digital ended fiscal Q1 with $2.9 billion in cash and cash equivalents plus $700 million in restricted cash.

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: “against $2.9 billion in cash and cash equivalents and another $700 million in restricted cash”

How we checked this

Checked on October 16, 2026. The cited source supports every part of this claim.

The article reports both the $2.9 billion in cash and equivalents and the additional $700 million in restricted cash.

Confirmed in the source:

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: “against $2.9 billion in cash and cash equivalents and another $700 million in restricted cash”

View cached copy (2026-10-15)Live source ↗Archive.org ↗