Applied Digital Corp. (APLD) vs TeraWulf Inc. (WULF)
APLD leads on 5 of 7 compared metrics.
A side-by-side comparison of Applied Digital Corp. and TeraWulf Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 20, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
APLD
Applied Digital Corp.
$27.85TechnologyDelayed quote: Jul 20, 2026, 4:00 PM EDT
WULF
TeraWulf Inc.
$18.86TechnologyDelayed quote: Jul 20, 2026, 4:00 PM EDT
Total return — APLD vs WULF
growth of $100 · dividends reinvested · last 4yAPLD +472.6%WULF +220.2%APLD compounded faster
APLD WULF
APLD vs WULF: by the numbers
- •WULF is the larger company ($9.35B vs $7.96B market cap).
- •Both run net losses; APLD's is the smaller (-52.41% vs -611.46% net margin).
Metrics side by side
Valuation
| Metric | APLD | WULF |
|---|---|---|
| P/S ratio | 19.71● | 45.71 |
| P/B ratio | 4.43● | 51.41 |
Profitability
| Metric | APLD | WULF |
|---|---|---|
| Gross margin | 10.53% | 50.93%● |
| Operating margin | -33.53%● | -101.10% |
| Net margin | -52.41%● | -611.46% |
| ROE | -11.78%● | -470.94% |
| ROIC | -5.41% | -3.18%● |
Growth (annualized)
| Metric | APLD | WULF |
|---|---|---|
| Revenue CAGR (5Y) | — | 66.83% |
| EPS CAGR (5Y) | — | -27.04% |
| FCF CAGR (5Y) | — | -2.15% |
| Total return CAGR (5Y) | — | 4.35% |
Go deeper
Dig into the metrics
Applied Digital P/E ratioTeraWulf P/E ratioApplied Digital dividend yieldTeraWulf dividend yieldApplied Digital ROETeraWulf ROEApplied Digital operating marginTeraWulf operating marginApplied Digital revenue growthTeraWulf revenue growthApplied Digital free cash flowTeraWulf free cash flow
Applied Digital & TeraWulf 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 July 20, 2026.