Top three customers 88% of Q1 FY2027 revenue
Company: Applied Digital
The claim, verbatim
The three largest customers accounted for 88% of quarterly revenues.
Source (primary)
Applied Digital Slides 37% YTD: Time to Exit or Hold the Stock? - Zacks Investment Research (-, news_article)
View cached copy (2026-11-10)Live source ↗Archive.org ↗
Quote: “The three largest customers accounted for 88% of quarterly revenues”
How we checked this
Checked on November 11, 2026. The cited source supports every part of this claim.
The Zacks article gives this customer concentration figure in its discussion of Applied Digital's first-quarter fiscal 2027 results.
Confirmed in the source:
- Applied Digital's three largest customers accounted for 88% of quarterly revenues
What we did: Read our cached copy of the publisher (https://www.zacks.com/stock/news/3026563/applied-digital-slides-37-ytd-time-to-exit-or-hold-the-stock) in full (17,860 characters, retrieved November 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital Slides 37% YTD: Time to Exit or Hold the Stock? - Zacks Investment Research
Quote: “The three largest customers accounted for 88% of quarterly revenues”