jain.com

Q1 FY2027 capex $2.07B

Company: Applied Digital

Subject kind
financing
Statement date
2026-11-09
Promised amount
2070000000.0 USD
Current status
stated

The claim, verbatim

Applied Digital spent $2.07 billion on property, equipment and other assets during the quarter.

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: “Applied Digital spent $2.07 billion on property, equipment and other assets during the quarter.”

How we checked this

Checked on November 11, 2026. The cited source supports every part of this claim.

The Zacks article states this spending figure directly for the quarter.

Confirmed in the source:

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: “Applied Digital spent $2.07 billion on property, equipment and other assets during the quarter.”

View cached copy (2026-11-10)Live source ↗Archive.org ↗