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Side-by-side financial comparison of Applied Digital Corp. (APLD) and CENTURY CASINOS INC (CNTY). Click either name above to swap in a different company.

CENTURY CASINOS INC is the larger business by last-quarter revenue ($138.0M vs $126.6M, roughly 1.1× Applied Digital Corp.). Applied Digital Corp. runs the higher net margin — -11.4% vs -13.0%, a 1.6% gap on every dollar of revenue. On growth, Applied Digital Corp. posted the faster year-over-year revenue change (98.2% vs 0.2%). CENTURY CASINOS INC produced more free cash flow last quarter ($-4.7M vs $-567.9M). Over the past eight quarters, Applied Digital Corp.'s revenue compounded faster (70.9% CAGR vs 0.7%).

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.

Century Casinos, Inc. is a gambling company based in Colorado Springs, Colorado.

APLD vs CNTY — Head-to-Head

Bigger by revenue
CNTY
CNTY
1.1× larger
CNTY
$138.0M
$126.6M
APLD
Growing faster (revenue YoY)
APLD
APLD
+98.0% gap
APLD
98.2%
0.2%
CNTY
Higher net margin
APLD
APLD
1.6% more per $
APLD
-11.4%
-13.0%
CNTY
More free cash flow
CNTY
CNTY
$563.2M more FCF
CNTY
$-4.7M
$-567.9M
APLD
Faster 2-yr revenue CAGR
APLD
APLD
Annualised
APLD
70.9%
0.7%
CNTY

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
APLD
APLD
CNTY
CNTY
Revenue
$126.6M
$138.0M
Net Profit
$-14.4M
$-17.9M
Gross Margin
20.6%
Operating Margin
-24.5%
7.6%
Net Margin
-11.4%
-13.0%
Revenue YoY
98.2%
0.2%
Net Profit YoY
89.6%
80.1%
EPS (diluted)
$-0.07
$-0.62

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
CNTY
CNTY
Q4 25
$126.6M
$138.0M
Q3 25
$64.2M
$153.7M
Q2 25
$-33.3M
$150.8M
Q1 25
$52.9M
$130.4M
Q4 24
$63.9M
$137.8M
Q3 24
$60.7M
$155.7M
Q2 24
$43.7M
$146.4M
Q1 24
$43.3M
$136.0M
Net Profit
APLD
APLD
CNTY
CNTY
Q4 25
$-14.4M
$-17.9M
Q3 25
$-16.9M
$-10.5M
Q2 25
$-52.5M
$-12.3M
Q1 25
$-35.6M
$-20.6M
Q4 24
$-138.7M
$-90.3M
Q3 24
$-4.2M
$-8.1M
Q2 24
$-64.5M
$-41.6M
Q1 24
$-62.8M
$-13.5M
Gross Margin
APLD
APLD
CNTY
CNTY
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
CNTY
CNTY
Q4 25
-24.5%
7.6%
Q3 25
-34.7%
11.1%
Q2 25
11.0%
Q1 25
-35.8%
5.5%
Q4 24
-29.1%
-45.5%
Q3 24
15.6%
11.5%
Q2 24
-68.4%
9.7%
Q1 24
-128.8%
6.1%
Net Margin
APLD
APLD
CNTY
CNTY
Q4 25
-11.4%
-13.0%
Q3 25
-26.4%
-6.9%
Q2 25
157.8%
-8.2%
Q1 25
-67.2%
-15.8%
Q4 24
-217.2%
-65.6%
Q3 24
-7.0%
-5.2%
Q2 24
-147.5%
-28.4%
Q1 24
-145.0%
-10.0%
EPS (diluted)
APLD
APLD
CNTY
CNTY
Q4 25
$-0.07
$-0.62
Q3 25
$-0.07
$-0.35
Q2 25
$-0.31
$-0.40
Q1 25
$-0.16
$-0.67
Q4 24
$-0.66
$-2.95
Q3 24
$-0.03
$-0.26
Q2 24
$-0.57
$-1.36
Q1 24
$-0.52
$-0.45

Balance Sheet & Financial Strength

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

Metric
APLD
APLD
CNTY
CNTY
Cash + ST InvestmentsLiquidity on hand
$1.9B
$68.9M
Total DebtLower is stronger
$328.9M
Stockholders' EquityBook value
$1.4B
$-97.7M
Total Assets
$5.2B
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APLD
APLD
CNTY
CNTY
Q4 25
$1.9B
$68.9M
Q3 25
$73.9M
$77.7M
Q2 25
$41.6M
$85.5M
Q1 25
$68.7M
$84.7M
Q4 24
$286.2M
$98.8M
Q3 24
$58.2M
$118.8M
Q2 24
$3.3M
$123.2M
Q1 24
$4.4M
$136.5M
Total Debt
APLD
APLD
CNTY
CNTY
Q4 25
$328.9M
Q3 25
$329.3M
Q2 25
$328.0M
Q1 25
$328.8M
Q4 24
$328.2M
Q3 24
$327.5M
Q2 24
$328.8M
Q1 24
$328.5M
Stockholders' Equity
APLD
APLD
CNTY
CNTY
Q4 25
$1.4B
$-97.7M
Q3 25
$1.0B
$-78.6M
Q2 25
$497.7M
$-66.9M
Q1 25
$454.6M
$-54.3M
Q4 24
$434.6M
$-34.7M
Q3 24
$241.8M
$56.8M
Q2 24
$124.8M
$64.6M
Q1 24
$118.5M
$106.1M
Total Assets
APLD
APLD
CNTY
CNTY
Q4 25
$5.2B
$1.1B
Q3 25
$2.4B
$1.2B
Q2 25
$1.9B
$1.2B
Q1 25
$1.7B
$1.2B
Q4 24
$1.5B
$1.2B
Q3 24
$937.7M
$1.3B
Q2 24
$762.9M
$1.3B
Q1 24
$643.2M
$1.3B
Debt / Equity
APLD
APLD
CNTY
CNTY
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
5.77×
Q2 24
5.09×
Q1 24
3.10×

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
CNTY
CNTY
Operating Cash FlowLast quarter
$-15.8M
$-114.0K
Free Cash FlowOCF − Capex
$-567.9M
$-4.7M
FCF MarginFCF / Revenue
-448.6%
-3.4%
Capex IntensityCapex / Revenue
436.1%
3.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-1.3B
$-15.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APLD
APLD
CNTY
CNTY
Q4 25
$-15.8M
$-114.0K
Q3 25
$-82.0M
$144.0K
Q2 25
$6.9M
$11.3M
Q1 25
$5.9M
$-4.6M
Q4 24
$-52.3M
$-2.3M
Q3 24
$-75.9M
$7.4M
Q2 24
$-34.1M
$3.0M
Q1 24
$38.8M
$-11.5M
Free Cash Flow
APLD
APLD
CNTY
CNTY
Q4 25
$-567.9M
$-4.7M
Q3 25
$-331.4M
$-4.7M
Q2 25
$-191.4M
$5.5M
Q1 25
$-251.6M
$-11.3M
Q4 24
$-223.3M
$-16.9M
Q3 24
$-130.7M
$-2.8M
Q2 24
$-88.9M
$-12.9M
Q1 24
$-2.3M
$-29.9M
FCF Margin
APLD
APLD
CNTY
CNTY
Q4 25
-448.6%
-3.4%
Q3 25
-516.1%
-3.1%
Q2 25
574.8%
3.6%
Q1 25
-475.4%
-8.7%
Q4 24
-349.6%
-12.3%
Q3 24
-215.3%
-1.8%
Q2 24
-203.5%
-8.8%
Q1 24
-5.4%
-22.0%
Capex Intensity
APLD
APLD
CNTY
CNTY
Q4 25
436.1%
3.3%
Q3 25
388.4%
3.2%
Q2 25
-595.4%
3.9%
Q1 25
486.6%
5.1%
Q4 24
267.8%
10.7%
Q3 24
90.3%
6.6%
Q2 24
125.4%
10.9%
Q1 24
95.0%
13.5%

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%

CNTY
CNTY

Gaming$103.9M75%
Food And Beverage$13.2M10%
Hotel$10.5M8%
Other$5.2M4%
Pari Mutuel And Sports Betting And Igaming$5.2M4%

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