Total debt rose to $5.1B in fiscal 2026
Company: Applied Digital
The claim, verbatim
Applied Digital's total debt rose from $911 million in fiscal 2025 to $5.1 billion in fiscal 2026 (year ended May 2026).
Source (primary)
Meta’s Lease Could Back Up to $4.6 Billion in Louisiana Bonds for Applied Digital’s AI Campus - TIKR.com (-, news_article)
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Quote: “Its total debt jumped from $911 million in fiscal 2025 to $5.1 billion in fiscal 2026”
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Additional evidence
confirms Meta’s Lease Could Back Up to $4.6 Billion in Louisiana Bonds for Applied Digital’s AI Campus - TIKR.com
Quote: “Its total debt jumped from $911 million in fiscal 2025 to $5.1 billion in fiscal 2026”