HPC Ellendale facility expected operational in calendar year 2025
Company: Applied Digital
The claim, verbatim
The HPC Ellendale Facility is expected to become operational and begin generating meaningful revenues in calendar year 2025
Source (primary)
Applied Digital 10-K filed 2024-08-30 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “We anticipate that this business segment will begin generating meaningful revenues once the HPC Ellendale Facility becomes operational, which is expected in calendar year 2025.”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The filing says the company expects the HPC Ellendale Facility to become operational in calendar 2025, at which point the segment would begin generating meaningful revenues.
Confirmed in the source:
- The HPC Ellendale Facility is expected to become operational in calendar year 2025
- The HPC Hosting segment is expected to begin generating meaningful revenues once that facility is operational
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487924000216/apld-20240531.htm) in full (481,620 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 10-K filed 2024-08-30
Quote: “We anticipate that this business segment will begin generating meaningful revenues once the HPC Ellendale Facility becomes operational, which is expected in calendar year 2025.”