Contracted lease revenue backlog
Company: Applied Digital
The claim, verbatim
Applied Digital's leases, as of Aug. 31, 2026, are worth about $36 billion of revenue over their initial terms.
Source (primary)
Applied Digital Soars 10%, IREN Up 5%, CoreWeave Up 2% as AI Infrastructure Selloff Reverses - Yahoo Finance (-, news_article)
View cached copy (2026-10-20)Live source ↗Archive.org ↗
Quote: “worth about $36 billion of revenue over their initial terms”
How we checked this
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Additional evidence
confirms Applied Digital Soars 10%, IREN Up 5%, CoreWeave Up 2% as AI Infrastructure Selloff Reverses - Yahoo Finance
Quote: “worth about $36 billion of revenue over their initial terms”