Investment-grade customer revenue proportion
Company: Applied Digital
The claim, verbatim
More than 50% of total contracted revenue backed by investment-grade customers
Source (primary)
applied-digital 8-K exhibit (apld_deltaforgexprxfinal.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-09)Live source ↗
Quote: “More than 50% of total contracted revenue is now backed by investment-grade customers”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states this verbatim.
Confirmed in the source:
- More than 50% of total contracted revenue is backed by investment-grade customers
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1144879/000114487926000036/apld_deltaforgexprxfinal.htm) in full (7,835 characters, retrieved September 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms applied-digital 8-K exhibit (apld_deltaforgexprxfinal.htm)
Quote: “More than 50% of total contracted revenue is now backed by investment-grade customers”