$36B contracted base-term lease revenue
Company: Applied Digital
The claim, verbatim
As of May 31, 2026, Applied Digital reported about 1.41 GW of contracted critical IT load across five campuses, representing roughly $36 billion in potential base-term lease revenue over 15 years, with renewal options that could increase the total.
Source (primary)
APLD Stock Faces $20 After Breaking Support as China Memory Plans Raise Concerns Despite Applied Digital Reporting $36 Billion in Contracted Revenue - FXLeaders (-, news_article)
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Quote: “These agreements represent roughly $36 billion in potential base-term lease revenue over 15 years, with renewal options potentially increasing the total.”
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Additional evidence
confirms APLD Stock Faces $20 After Breaking Support as China Memory Plans Raise Concerns Despite Applied Digital Reporting $36 Billion in Contracted Revenue - FXLeaders
Quote: “These agreements represent roughly $36 billion in potential base-term lease revenue over 15 years, with renewal options potentially increasing the total.”