Intratio
Loading...
Skip to main content
Stock comparison · Signal date 2026-11-06

APLD vs QBTS: stock comparison and AI forecast

Applied Digital Corp. (APLD) and D-Wave Quantum Inc. (QBTS) compared on price performance, valuation, profitability and the daily AI forecast. · Alpha · vs market

Share
Nasdaq · Services-Computer Processing & Data Preparation

APLD Applied Digital Corp.

Price
$15.55 -62.6% · 6M
Market Cap
$4.70B
P/E Ratio
–
Size
mid-cap
AI Forecast
Full analysis →
Nasdaq · Services-Computer Processing & Data Preparation

QBTS D-Wave Quantum Inc.

Price
$10.68 -51.4% · 6M
Market Cap
$3.94B
P/E Ratio
–
Size
mid-cap
AI Forecast
Full analysis →
Model output

Which one does the AI model favor?

Intratio's model scores both stocks every trading day. Sign in to see their current direction; the exact ratings and forecasts come with a plan or a free follow slot.

6M · 2026-05-07 → 2026-11-06

Six-month price performance

Closing prices rebased to 100 at the start of the window.

5075100125
APLD -62.6% QBTS -51.4%
APLD · QBTS

Key facts

  • APLD is 1.2 times larger than QBTS by market capitalization ($4.70B against $3.94B).
  • Over the last six months QBTS returned -51.4% and APLD -62.6%.
  • APLD turns -47.0% of its revenue into net income, against -842.4% for QBTS.
  • APLD carries 4.93 times debt per unit of equity, against 0.07 times for QBTS.
  • Both companies share the SEC industry classification Services-Computer Processing & Data Preparation.
Fundamentals

Fundamentals side by side

Trailing twelve months.

Valuation & Market

MetricAPLDQBTS
Market Cap$4.70B$3.94B
P/B Ratio2.93x3.64x
EPS$-1.66$-0.69
Book Value/Share$5.30$2.93
Revenue/Share$2.94$0.08
FCF/Share$-14.73$-0.32

Profitability & Margins

MetricAPLDQBTS
ROE-26.1%-23.0%
ROA-3.6%-21.5%
ROIC-2.7%-15.1%
Gross Margin34.0%27.0%
Operating Margin-31.1%-577.8%
Net Margin-47.0%-842.4%
EBT Margin-36.2%-1396.0%
Tax Rate-1.1%–

Financial Health

MetricAPLDQBTS
Current Ratio2.56x20.55x
Quick Ratio–20.42x
D/E Ratio4.93x0.07x
Financial Leverage7.31x1.07x
Interest Coverage-0.3x-3329.9x
Working Capital$2.49B$533M

Cash Flow

MetricAPLDQBTS
Operating Cash Flow$236M-$111M
Free Cash Flow-$4.46B-$119M
Capital Spending-$4.69B-$8M
FCF/Sales-501.2%-403.4%
CapEx/Sales527.7%27.8%

Operational Efficiency

MetricAPLDQBTS
Asset Turnover0.08x0.03x
Receivables Turnover7.8x14.6x
Inventory Turnover–1.3x
Fixed Assets Turnover0.1x1.3x
Days Sales Outstanding47 days25 days
Days Inventory–286 days
Payables Period209 days–

Income Statement

MetricAPLDQBTS
Total Revenue$889M$30M
Operating Income-$277M-$171M
Net Income-$417M-$249M
R&D Expense–$82M
SG&A Expense$418M$163M
Cost of Goods Sold$587M$4M

Dividend & Shareholder Information

MetricAPLDQBTS
Shares Outstanding302M369M
FAQ

APLD vs QBTS: stock comparison and AI forecast

Which is bigger, APLD or QBTS?

APLD is 1.2 times larger than QBTS by market capitalization ($4.70B against $3.94B).

Which stock performed better over the last six months, APLD or QBTS?

Over the last six months QBTS returned -51.4% and APLD -62.6%.

Which one does Intratio's AI model rank higher, APLD or QBTS?

Intratio's model scores both stocks every trading day. Sign in to see their current direction; the exact ratings and forecasts come with a plan or a free follow slot.

Compare

More comparisons

This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.