$1 billion Net Operating Income target
Company: Applied Digital
The claim, verbatim
Applied Digital aims to achieve $1 billion in Net Operating Income within five years
Source (primary)
View PDF (IR page (ir.applieddigital.com), ir_release)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “we aim to achieve $1 billion in Net Operating Income (NOI) within five years”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The letter states that the company aims to achieve $1 billion in Net Operating Income (NOI) within five years.
Confirmed in the source:
- Applied Digital aims to achieve $1 billion in Net Operating Income within five years
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/sec-filings/all-sec-filings/content/0001493152-25-014495/0001493152-25-014495.pdf) in full (206,490 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms View PDF
Quote: “we aim to achieve $1 billion in Net Operating Income (NOI) within five years”