Annual lease revenue at full portfolio completion
Company: Applied Digital
The claim, verbatim
Once all five campuses are fully delivered and operational, leases are scheduled to generate approximately $2.3 billion in annual rental revenue.
Source (primary)
Applied Digital Won't Collect Most of Its Rent Until 2029. I'd Wait to Buy the Stock. - The Motley Fool (-, news_article)
View cached copy (2026-09-08)Live source ↗Archive.org ↗
Quote: “Once every campus is delivered, the leases call for about $2.3 billion of rent per year”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states that once every campus is delivered the leases call for about $2.3 billion of rent per year, and references five campuses.
Confirmed in the source:
- Once every campus is delivered, Applied Digital's leases call for about $2.3 billion of rent per year
- The portfolio consists of five data center campuses
What we did: Read our cached copy of the publisher (https://www.fool.com/investing/2026/09/07/applied-digital-won-t-collect-most-of-its-rent-until-2029-i-d-wait-to-buy-the-stock/) in full (11,518 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 Motley Fool
Quote: “Once every campus is delivered, the leases call for about $2.3 billion of rent per year”