jain.com

Fiscal 2028 lease revenue

Company: Applied Digital

Subject kind
guidance
Statement date
2026-09-07
Promised by
2028-05-31
Promised amount
1450000000.0 USD
Current status
stated

The claim, verbatim

$1.45 billion in lease revenue scheduled for fiscal 2028

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: “Fiscal 2028's figure is $1.45 billion”

How we checked this

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

The document states this fiscal 2028 figure directly.

Confirmed in the source:

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: “Fiscal 2028's figure is $1.45 billion”

View cached copy (2026-09-08)Live source ↗Archive.org ↗