Annualized EBITDA projection at 500MW capacity
Company: Applied Digital
The claim, verbatim
Once 500MW capacity is operational, expected to translate to $100 million of annualized adjusted EBITDA
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “we believe that, once operational, this should translate to $100 million of annualized adjusted EBITDA”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The CEO says the nearly 500MW of capacity, once operational, should translate to $100 million of annualized adjusted EBITDA. This is a management belief, not a reported result.
Confirmed in the source:
- Management said the roughly 500MW of capacity, once operational, should translate to $100 million of annualized adjusted EBITDA
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/42/applied-blockchain-reports-fiscal-first-quarter-2023/) in full (25,685 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “we believe that, once operational, this should translate to $100 million of annualized adjusted EBITDA”