jain.com

2029 revenue projection

Company: Applied Digital

Subject kind
guidance
Statement date
2026-09-04
Promised by
2029-12-31
Promised amount
2400000000.0 USD
Current status
stated

The claim, verbatim

Applied Digital projects $2.4 billion in revenue by 2029

Source (primary)

Applied Digital (APLD) Is Down 5.6% After Higher Yields Pressure Backlog Value And Financing Costs - simplywall.st (-, news_article)
View cached copy (2026-09-05)Live source ↗Archive.org ↗

Quote: “Applied Digital's narrative projects $2.4 billion revenue and $117.0 million earnings by 2029”

How we checked this

Checked on September 19, 2026. The cited source supports every part of this claim.

The document states the narrative projects $2.4 billion revenue by 2029.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://simplywall.st/stocks/us/software/nasdaq-apld/applied-digital/news/applied-digital-apld-is-down-56-after-higher-yields-pressure) in full (12,131 characters, retrieved September 5, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital (APLD) Is Down 5.6% After Higher Yields Pressure Backlog Value And Financing Costs - simplywall.st

Quote: “Applied Digital's narrative projects $2.4 billion revenue and $117.0 million earnings by 2029”

View cached copy (2026-09-05)Live source ↗Archive.org ↗