APLD vs WULF
APLD: Applied Digital provides scalable, next-generation data center infrastructure optimized for high-performance AI computing and cryptocurrency mining operations. WULF: TeraWulf builds and operates utility-scale HPC data centers powered by long-duration energy resources, transitioning from bitcoin mining to serve hyperscale AI and cloud workloads with 25-year contracted capacity.
Side-by-side fundamentals
| Metric | APLD | WULF | Edge |
|---|---|---|---|
| Price as of 2026-07-27 close | $26.38 | $20.05 | |
| Market cap as of 2026-07-28 | $7.5B | $9.9B | |
| PEG as of 2026-07-28 | n/a | -0.02 | |
| Net margin as of 2026-07-28 | -42.1% | -611.5% | APLD higher |
| Gross margin as of 2026-07-28 | +27.9% | +64.0% | WULF higher |
| Operating margin as of 2026-07-28 | -43.8% | -171.8% | APLD higher |
| ROE as of 2026-07-28 | -15.1% | -361.2% | APLD higher |
| ROA as of 2026-07-28 | -4.7% | -24.3% | APLD higher |
| Debt / equity as of 2026-07-28 | 1.68 | 36.82 | APLD lower |
| Revenue growth (YoY) as of 2026-07-28 | +128.9% | +27.3% | APLD higher |
| Revenue CAGR (3y) SEC XBRL | +156.5% | +56.0% | APLD higher |
| Dividend yield as of 2026-07-28 | +0.1% | n/a | |
| Dividend streak (yrs) SEC XBRL | n/a | 0 | |
| Beta as of 2026-07-28 | 5.83 | 3.78 | |
| 1-year return as of 2026-07-27 close | +145.3% | +247.0% | WULF higher |
Fundamentals: Finnhub, as of 2026-07-28. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-27.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.