GPUS vs APLD vs WULF

For growth investors, TeraWulf Inc.

(WULF) is the stronger pick with 102. 3% revenue growth year-over-year, versus -31. 8% for Hyperscale Data, Inc. (GPUS). Analysts rate Applied Digital Corporation (APLD) a "Buy" — based on 13 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

Over the past 5 years, Applied Digital Corporation (APLD) delivered a total return of +811.

3%, compared to -100. 0% for Hyperscale Data, Inc. (GPUS). Over 10 years, the gap is even starker: APLD returned +811. 3% versus GPUS's -100. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Hyperscale Data, Inc.

(GPUS) is the lower-risk stock at 2. 34β versus TeraWulf Inc. 's 3. 25β — meaning WULF is approximately 39% more volatile than GPUS relative to the S&P 500. On balance sheet safety, Applied Digital Corporation (APLD) carries a lower debt/equity ratio of 111% versus 58% for Hyperscale Data, Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), TeraWulf Inc.

(WULF) is pulling ahead at 102. 3% versus -31. 8% for Hyperscale Data, Inc. (GPUS). On earnings-per-share growth, the picture is similar: Hyperscale Data, Inc. grew EPS 76. 2% year-over-year, compared to 11. 5% for Applied Digital Corporation. Over a 3-year CAGR, APLD leads at 193. 2% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

TeraWulf Inc.

(WULF) is the more profitable company, earning -51. 7% net margin versus -107. 2% for Applied Digital Corporation — meaning it keeps -51. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: APLD leads at -33. 5% versus -54. 4% for WULF. At the gross margin level — before operating expenses — WULF leads at 55. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

In this comparison, GPUS (100.

0% yield) pays a dividend. APLD, WULF do not pay a meaningful dividend and should not be held primarily for income.

For long-horizon retirement investors, Applied Digital Corporation (APLD) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (+811.

3% 10Y return). TeraWulf Inc. (WULF) carries a higher beta of 3. 25 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (APLD: +811. 3%, WULF: +174. 2%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

These companies operate in different sectors (GPUS (Industrials) and APLD (Technology) and WULF (Financial Services)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.

In terms of investment character: GPUS is a small-cap income-oriented stock; APLD is a mid-cap high-growth stock; WULF is a mid-cap high-growth stock. GPUS pays a dividend while APLD, WULF do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.