jain.com

Revenue concentration with investment-grade hyperscalers

Company: Applied Digital

Subject kind
customer
Statement date
2026-06-08
Promised amount
70.0 percent
Current status
stated

The claim, verbatim

Approximately 70% of Applied Digital's contracted revenue is backed by U.S. based investment-grade hyperscalers.

Source (primary)

applied-digital 8-K exhibit (ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-06)Live source ↗

Quote: “Approximately 70% of contracted revenue is now backed by U.S. based investment-grade hyperscalers.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms applied-digital 8-K exhibit (ex99-1.htm)

Quote: “Approximately 70% of contracted revenue is now backed by U.S. based investment-grade hyperscalers.”

View cached copy (2026-09-06)Live source ↗