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Side-by-side financial comparison of Applied Digital Corp. (APLD) and Esperion Therapeutics, Inc. (ESPR). Click either name above to swap in a different company.
Esperion Therapeutics, Inc. is the larger business by last-quarter revenue ($168.4M vs $126.6M, roughly 1.3× Applied Digital Corp.). On growth, Esperion Therapeutics, Inc. posted the faster year-over-year revenue change (143.7% vs 98.2%). Over the past eight quarters, Applied Digital Corp.'s revenue compounded faster (70.9% CAGR vs 10.6%).
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.
Esperion Therapeutics, Inc. is a publicly traded American pharmaceutical company focused on the development of bempedoic acid, an orally available small molecule designed to lower elevated levels of LDL-C. The company is headquartered in Ann Arbor, Michigan.
APLD vs ESPR — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $126.6M | $168.4M |
| Net Profit | $-14.4M | — |
| Gross Margin | 20.6% | — |
| Operating Margin | -24.5% | 50.6% |
| Net Margin | -11.4% | — |
| Revenue YoY | 98.2% | 143.7% |
| Net Profit YoY | 89.6% | — |
| EPS (diluted) | $-0.07 | $0.32 |
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.
| Q4 25 | $126.6M | $168.4M | ||
| Q3 25 | $64.2M | $87.3M | ||
| Q2 25 | $-33.3M | $82.4M | ||
| Q1 25 | $52.9M | $65.0M | ||
| Q4 24 | $63.9M | $69.1M | ||
| Q3 24 | $60.7M | $51.6M | ||
| Q2 24 | $43.7M | $73.8M | ||
| Q1 24 | $43.3M | $137.7M |
| Q4 25 | $-14.4M | — | ||
| Q3 25 | $-16.9M | $-31.3M | ||
| Q2 25 | $-52.5M | $-12.7M | ||
| Q1 25 | $-35.6M | $-40.5M | ||
| Q4 24 | $-138.7M | — | ||
| Q3 24 | $-4.2M | $-29.5M | ||
| Q2 24 | $-64.5M | $-61.9M | ||
| Q1 24 | $-62.8M | $61.0M |
| 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% | — |
| Q4 25 | -24.5% | 50.6% | ||
| Q3 25 | -34.7% | -11.4% | ||
| Q2 25 | — | 8.6% | ||
| Q1 25 | -35.8% | -34.0% | ||
| Q4 24 | -29.1% | -6.4% | ||
| Q3 24 | 15.6% | -31.0% | ||
| Q2 24 | -68.4% | 3.5% | ||
| Q1 24 | -128.8% | 52.5% |
| Q4 25 | -11.4% | — | ||
| Q3 25 | -26.4% | -35.9% | ||
| Q2 25 | 157.8% | -15.4% | ||
| Q1 25 | -67.2% | -62.2% | ||
| Q4 24 | -217.2% | — | ||
| Q3 24 | -7.0% | -57.2% | ||
| Q2 24 | -147.5% | -83.9% | ||
| Q1 24 | -145.0% | 44.3% |
| Q4 25 | $-0.07 | $0.32 | ||
| Q3 25 | $-0.07 | $-0.16 | ||
| Q2 25 | $-0.31 | $-0.06 | ||
| Q1 25 | $-0.16 | $-0.21 | ||
| Q4 24 | $-0.66 | $-0.14 | ||
| Q3 24 | $-0.03 | $-0.15 | ||
| Q2 24 | $-0.57 | $-0.33 | ||
| Q1 24 | $-0.52 | $0.34 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.9B | $167.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.4B | $-302.0M |
| Total Assets | $5.2B | $465.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.9B | $167.9M | ||
| Q3 25 | $73.9M | $92.4M | ||
| Q2 25 | $41.6M | $86.1M | ||
| Q1 25 | $68.7M | $114.6M | ||
| Q4 24 | $286.2M | $144.8M | ||
| Q3 24 | $58.2M | $144.7M | ||
| Q2 24 | $3.3M | $189.3M | ||
| Q1 24 | $4.4M | $226.6M |
| Q4 25 | $1.4B | $-302.0M | ||
| Q3 25 | $1.0B | $-451.4M | ||
| Q2 25 | $497.7M | $-433.5M | ||
| Q1 25 | $454.6M | $-426.2M | ||
| Q4 24 | $434.6M | $-388.7M | ||
| Q3 24 | $241.8M | $-370.2M | ||
| Q2 24 | $124.8M | $-344.2M | ||
| Q1 24 | $118.5M | $-294.3M |
| Q4 25 | $5.2B | $465.9M | ||
| Q3 25 | $2.4B | $364.0M | ||
| Q2 25 | $1.9B | $347.1M | ||
| Q1 25 | $1.7B | $324.0M | ||
| Q4 24 | $1.5B | $343.8M | ||
| Q3 24 | $937.7M | $314.1M | ||
| Q2 24 | $762.9M | $352.3M | ||
| Q1 24 | $643.2M | $373.1M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-15.8M | $45.2M |
| Free Cash FlowOCF − Capex | $-567.9M | — |
| FCF MarginFCF / Revenue | -448.6% | — |
| Capex IntensityCapex / Revenue | 436.1% | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-1.3B | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-15.8M | $45.2M | ||
| Q3 25 | $-82.0M | $-4.3M | ||
| Q2 25 | $6.9M | $-31.4M | ||
| Q1 25 | $5.9M | $-22.6M | ||
| Q4 24 | $-52.3M | $-35.0M | ||
| Q3 24 | $-75.9M | $-35.3M | ||
| Q2 24 | $-34.1M | $-7.2M | ||
| Q1 24 | $38.8M | $53.8M |
| Q4 25 | $-567.9M | — | ||
| Q3 25 | $-331.4M | — | ||
| Q2 25 | $-191.4M | — | ||
| Q1 25 | $-251.6M | — | ||
| Q4 24 | $-223.3M | — | ||
| Q3 24 | $-130.7M | $-35.5M | ||
| Q2 24 | $-88.9M | $-7.3M | ||
| Q1 24 | $-2.3M | $53.8M |
| Q4 25 | -448.6% | — | ||
| Q3 25 | -516.1% | — | ||
| Q2 25 | 574.8% | — | ||
| Q1 25 | -475.4% | — | ||
| Q4 24 | -349.6% | — | ||
| Q3 24 | -215.3% | -68.7% | ||
| Q2 24 | -203.5% | -9.9% | ||
| Q1 24 | -5.4% | 39.0% |
| Q4 25 | 436.1% | 0.0% | ||
| Q3 25 | 388.4% | 0.0% | ||
| Q2 25 | -595.4% | 0.0% | ||
| Q1 25 | 486.6% | 0.0% | ||
| Q4 24 | 267.8% | 0.0% | ||
| Q3 24 | 90.3% | 0.3% | ||
| Q2 24 | 125.4% | 0.1% | ||
| Q1 24 | 95.0% | 0.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.88× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APLD
| HPC Hosting Business | $85.0M | 67% |
| Data Center Hosting Business | $41.6M | 33% |
ESPR
| Collaboration Revenue | $124.7M | 74% |
| Products | $43.7M | 26% |
