Applied Digital Corp. (APLD) vs FormFactor, Inc. (FORM)
A side-by-side comparison of Applied Digital Corp. and FormFactor, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 10, 2026. Differences are shown without an overall score or investment verdict.
APLD
Applied Digital Corp.
$26.42TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
FORM
FormFactor, Inc.
$114.95TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — APLD vs FORM
growth of $100 · dividends reinvested · last 4yAPLD +431.5% (+51.8%/yr)FORM +206.4% (+32.3%/yr)APLD compounded faster over this window
APLD FORM
APLD vs FORM: by the numbers
- •FORM is the larger company ($8.96B vs $7.61B market cap).
- •FORM is profitable (12.80% net margin) while APLD runs a net loss (-42.31%).
Metrics side by side
Valuation
| Metric | APLD | FORM |
|---|---|---|
| P/E ratio | N/A | 79.28 |
| Forward P/E | N/A | 37.71 |
| P/S ratio | 13.20 | 9.93 |
| P/B ratio | 4.27 | 8.06 |
| EV / EBITDA | N/A | 45.97 |
| FCF yield | N/A | 1.52% |
Profitability
| Metric | APLD | FORM |
|---|---|---|
| Gross margin | 22.38% | 45.64% |
| Operating margin | -33.75% | 8.18% |
| Net margin | -42.31% | 12.80% |
| ROE | -13.69% | 10.39% |
| ROIC | -2.21% | 11.16% |
Growth (annualized)
| Metric | APLD | FORM |
|---|---|---|
| Revenue CAGR (5Y) | N/A | 3.77% |
| EPS CAGR (5Y) | N/A | -7.27% |
| FCF CAGR (5Y) | N/A | -36.53% |
| Total return CAGR (5Y) | N/A | 23.23% |
Frequently asked
- Is APLD or FORM more profitable?
- FORM runs the higher net margin — APLD at -42.31% versus FORM at 12.80%.
Go deeper
Dig into the metrics
FormFactor P/E ratioApplied Digital ROEFormFactor ROEApplied Digital operating marginFormFactor operating marginApplied Digital revenue growthFormFactor revenue growthApplied Digital free cash flowFormFactor free cash flow
Applied Digital & FormFactor appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 10, 2026.