Projected annualized NOI - $500 million
Company: Applied Digital
The claim, verbatim
Projected annualized NOI run rate of approximately $500 million once Polaris Forge 1 is fully operational
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “We believe we are on a projected annualized NOI run rate of approximately $500 million once Polaris Forge 1 is fully operational.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The release states this projection as a management belief.
Confirmed in the source:
- Applied Digital projects an annualized NOI run rate of approximately $500 million once Polaris Forge 1 is fully operational
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/131/applied-digital-reports-fiscal-first-quarter-2026-results/) in full (34,764 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “We believe we are on a projected annualized NOI run rate of approximately $500 million once Polaris Forge 1 is fully operational.”
confirms Earnings Release
Quote: “We believe we are on a projected annualized NOI run rate of approximately $500 million once Polaris Forge 1 is fully operational”