AI campus base rent revenue fiscal 2026
Company: Applied Digital
The claim, verbatim
$99.8 million of fiscal 2026 revenue was base rent from AI campuses
Source (primary)
Applied Digital Won't Collect Most of Its Rent Until 2029. I'd Wait to Buy the Stock. - The Globe and Mail (-, news_article)
View cached copy (2026-09-08)Live source ↗Archive.org ↗
Quote: “only $99.8 million of that was base rent from the AI campuses”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The article states that of the $611.3 million fiscal 2026 revenue, only $99.8 million was base rent from the AI campuses.
Confirmed in the source:
- $99.8 million of Applied Digital's fiscal 2026 revenue was base rent from its AI campuses
What we did: Read our cached copy of the publisher (https://www.theglobeandmail.com/investing/markets/markets-news/motley/4478039/applied-digital-won-t-collect-most-of-its-rent-until-2029-i-d-wait-to-buy-the-stock/) in full (9,374 characters, retrieved September 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital Won't Collect Most of Its Rent Until 2029. I'd Wait to Buy the Stock. - The Globe and Mail
Quote: “only $99.8 million of that was base rent from the AI campuses”
confirms Applied Digital Won't Collect Most of Its Rent Until 2029. I'd Wait to Buy the Stock. - The Motley Fool
Quote: “only $99.8 million of that was base rent from the AI campuses”
confirms Applied Digital Won't Collect Most of Its Rent Until 2029. I'd Wait to Buy the Stock. - Yahoo Finance
Quote: “but only $99.8 million of that was base rent from the AI campuses”
confirms Applied Digital Won't Collect Most of Its Rent Until 2029. I'd Wait to Buy the Stock. - The Globe and Mail
Quote: “only $99.8 million of that was base rent from the AI campuses”