Contracted customer revenue from 15-year leasing agreements
Company: Applied Digital
The claim, verbatim
Applied Digital has approximately $36 billion in contracted rent from 15-year customer leasing agreements
Source (primary)
Applied Digital Stock Faces A Big Buildout Before The AI Revenue Arrives - simplywall.st (-, news_article)
View cached copy (2026-09-09)Live source ↗
Quote: “The clearest recent data point is the 15 year leasing agreements covering about 1,410 MW of critical IT load and roughly US$36b of contracted rent.”
How we checked this
Checked on September 20, 2026. The cited source supports every part of this claim.
The document ties the ~$36b of contracted rent to the 15-year leasing agreements.
Confirmed in the source:
- Applied Digital's 15-year leasing agreements carry roughly US$36 billion of contracted rent
What we did: Read our cached copy of the publisher (https://simplywall.st/stocks/us/software/nasdaq-apld/applied-digital/news/applied-digital-stock-faces-a-big-buildout-before-the-ai-rev) in full (12,426 characters, retrieved September 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital Stock Faces A Big Buildout Before The AI Revenue Arrives - simplywall.st
Quote: “The clearest recent data point is the 15 year leasing agreements covering about 1,410 MW of critical IT load and roughly US$36b of contracted rent.”