Long-term data-centre leases and critical IT load
CoreWeave ↗
400 MW contracted critical IT load across three leases
Polaris Forge 1 · Contracted; phases have different operational and delivery dates
FY2026 Form 10-K ↗ · 2026-05-31
Companies / Power and colocation
Applied Digital
Reviewed measures, kept in their reported scope. Company-wide revenue is not automatically AI-specific revenue.
Base-term contracted revenue$36,000mcontracted · FY26 / June 2026 update
Quarterly HPC hosting revenue$203mrealized · FY26 / June 2026 update
Position in the supply chain
Documented GPU hoster customer
Capacity / disclosed stages
Contracted critical IT load1,410 MW
Long-term leases as of 31 May 2026.
Live campus capacity175 MW
Polaris Forge 1 capacity after 75MW phase delivered 30 June; not necessarily all billable.
Separate disclosed measures · stages can overlap and are not additive · FY26 / June 2026 update
Source: Applied Digital disclosure ↗. Figures are manually curated in the repository ledger and are not refreshed automatically with new earnings.