vs

Side-by-side financial comparison of Applied Digital Corp. (APLD) and ASIA PACIFIC WIRE & CABLE CORP LTD (APWC). Click either name above to swap in a different company.

ASIA PACIFIC WIRE & CABLE CORP LTD is the larger business by last-quarter revenue ($225.3M vs $126.6M, roughly 1.8× Applied Digital Corp.).

BAE Systems Digital Intelligence is an international defence and security technology firm owned by BAE Systems. They specialize in delivering digital solutions that enable rapid, data-driven decision-making. Their services, solutions and products span customers in Law Enforcement, National Security, Government Departments and Government Enterprises, Critical National Infrastructure, Telecommunications, the Military, and Space.

Disney Networks Group Asia Pacific was a Hong Kong–based commercial broadcasting company operating multiple specialty television channels. The company was founded in 1991 by Hong Kong - Canadian businessman Richard Li.

APLD vs APWC — Head-to-Head

Bigger by revenue
APWC
APWC
1.8× larger
APWC
$225.3M
$126.6M
APLD

Income Statement — Q2 FY2026 vs Q2 FY2022

Metric
APLD
APLD
APWC
APWC
Revenue
$126.6M
$225.3M
Net Profit
$-14.4M
Gross Margin
20.6%
7.9%
Operating Margin
-24.5%
2.2%
Net Margin
-11.4%
Revenue YoY
98.2%
Net Profit YoY
89.6%
EPS (diluted)
$-0.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APLD
APLD
APWC
APWC
Q4 25
$126.6M
Q3 25
$64.2M
Q2 25
$-33.3M
Q1 25
$52.9M
Q4 24
$63.9M
Q3 24
$60.7M
Q2 24
$43.7M
Q1 24
$43.3M
Net Profit
APLD
APLD
APWC
APWC
Q4 25
$-14.4M
Q3 25
$-16.9M
Q2 25
$-52.5M
Q1 25
$-35.6M
Q4 24
$-138.7M
Q3 24
$-4.2M
Q2 24
$-64.5M
Q1 24
$-62.8M
Gross Margin
APLD
APLD
APWC
APWC
Q4 25
20.6%
Q3 25
13.4%
Q2 25
Q1 25
7.1%
Q4 24
18.0%
Q3 24
-0.6%
Q2 24
-9.1%
Q1 24
-8.6%
Operating Margin
APLD
APLD
APWC
APWC
Q4 25
-24.5%
Q3 25
-34.7%
Q2 25
Q1 25
-35.8%
Q4 24
-29.1%
Q3 24
15.6%
Q2 24
-68.4%
Q1 24
-128.8%
Net Margin
APLD
APLD
APWC
APWC
Q4 25
-11.4%
Q3 25
-26.4%
Q2 25
157.8%
Q1 25
-67.2%
Q4 24
-217.2%
Q3 24
-7.0%
Q2 24
-147.5%
Q1 24
-145.0%
EPS (diluted)
APLD
APLD
APWC
APWC
Q4 25
$-0.07
Q3 25
$-0.07
Q2 25
$-0.31
Q1 25
$-0.16
Q4 24
$-0.66
Q3 24
$-0.03
Q2 24
$-0.57
Q1 24
$-0.52

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APLD
APLD
APWC
APWC
Cash + ST InvestmentsLiquidity on hand
$1.9B
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
Total Assets
$5.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APLD
APLD
APWC
APWC
Q4 25
$1.9B
Q3 25
$73.9M
Q2 25
$41.6M
Q1 25
$68.7M
Q4 24
$286.2M
Q3 24
$58.2M
Q2 24
$3.3M
Q1 24
$4.4M
Stockholders' Equity
APLD
APLD
APWC
APWC
Q4 25
$1.4B
Q3 25
$1.0B
Q2 25
$497.7M
Q1 25
$454.6M
Q4 24
$434.6M
Q3 24
$241.8M
Q2 24
$124.8M
Q1 24
$118.5M
Total Assets
APLD
APLD
APWC
APWC
Q4 25
$5.2B
Q3 25
$2.4B
Q2 25
$1.9B
Q1 25
$1.7B
Q4 24
$1.5B
Q3 24
$937.7M
Q2 24
$762.9M
Q1 24
$643.2M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APLD
APLD
APWC
APWC
Operating Cash FlowLast quarter
$-15.8M
Free Cash FlowOCF − Capex
$-567.9M
FCF MarginFCF / Revenue
-448.6%
Capex IntensityCapex / Revenue
436.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-1.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APLD
APLD
APWC
APWC
Q4 25
$-15.8M
Q3 25
$-82.0M
Q2 25
$6.9M
Q1 25
$5.9M
Q4 24
$-52.3M
Q3 24
$-75.9M
Q2 24
$-34.1M
Q1 24
$38.8M
Free Cash Flow
APLD
APLD
APWC
APWC
Q4 25
$-567.9M
Q3 25
$-331.4M
Q2 25
$-191.4M
Q1 25
$-251.6M
Q4 24
$-223.3M
Q3 24
$-130.7M
Q2 24
$-88.9M
Q1 24
$-2.3M
FCF Margin
APLD
APLD
APWC
APWC
Q4 25
-448.6%
Q3 25
-516.1%
Q2 25
574.8%
Q1 25
-475.4%
Q4 24
-349.6%
Q3 24
-215.3%
Q2 24
-203.5%
Q1 24
-5.4%
Capex Intensity
APLD
APLD
APWC
APWC
Q4 25
436.1%
Q3 25
388.4%
Q2 25
-595.4%
Q1 25
486.6%
Q4 24
267.8%
Q3 24
90.3%
Q2 24
125.4%
Q1 24
95.0%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APLD
APLD

HPC Hosting Business$85.0M67%
Data Center Hosting Business$41.6M33%

APWC
APWC

Segment breakdown not available.

Related Comparisons