MetaCap

Applied Digital (APLD) vs Hinge Health (HNGE)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.

Summary

Hinge Health (HNGE) has outperformed Applied Digital (APLD) over the past year, gaining 104.3% versus a loss of 19.2%. Hinge Health is the larger company by market cap ($8.30 billion vs $7.16 billion), about 1.2 times the size, while Applied Digital is growing revenue faster (+167.5% vs +50.6%). Applied Digital converts more of its revenue into profit, with a net margin of -30.2% versus -89.9%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

APLD-19.15%HNGE+104.33%
+111%+33%-45%
Oct 9, 20251 yearOct 9, 2026
APLD+221.74%HNGE+156.23%
+571%+260%-51%
May 19, 20255 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

APLD versus HNGE key metrics
MetricAPLDHNGE
Share price$23.68$102.90
Market cap$7.16B$8.30B
1-day change-0.71%+5.00%
YTD return-3.43%+121.53%
1-year return-19.15%+104.33%
P/E ratio (TTM)—33.96
Forward P/E—33.66
EPS (TTM)$-1.62$3.03
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)$611.31M$587.86M
Revenue growth (YoY)+167.45%+50.58%
Net income (latest FY)$-184.34M$-528.26M
Gross margin35.08%79.65%
Operating margin-38.68%-92.94%
Net margin-30.15%-89.86%
52-week high$50.73$103.28
52-week low$19.01$30.08
Distance from 52-week high-53.32%-0.37%
Analyst consensusstrong_buybuy
Avg. price target upside+176.06%+7.44%
Average volume18.88M1.82M
Shares outstanding302.39M62.47M
Employees2561,437
SectorTechnologyTechnology
IndustryEDP ServicesEDP Services

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • HNGE has outperformed APLD by 123.5 percentage points over the past year.
  • Applied Digital is more profitable, keeping -30.2 cents of every revenue dollar as net income versus -89.9 cents for Hinge Health.
  • Applied Digital grew revenue faster in its latest fiscal year (+167.45% vs +50.58%).

About Applied Digital

APLD stock →

Applied Digital Corporation designs, develops, and operates digital infrastructure solutions to high-performance computing (HPC) and artificial intelligence industries in North America. It operates through: Data Center Hosting, and HPC Hosting Business.

Technology · EDP Services · 256 employees

About Hinge Health

HNGE stock →

Hinge Health, Inc. focuses on building a health system that scales and automates the delivery of care using technology.

Technology · EDP Services · 1,437 employees

APLD vs HNGE FAQ

Which is bigger, Applied Digital or Hinge Health?

Hinge Health (HNGE) is larger, with a market capitalization of $8.30B compared with $7.16B for Applied Digital (APLD).

Which stock has performed better over the past year, APLD or HNGE?

HNGE returned +104.33% over the past 12 months, compared with -19.15% for APLD (price return, excluding dividends). Past performance does not predict future results.

Are Applied Digital and Hinge Health in the same industry?

Yes. Both are classified in the EDP Services industry within the Technology sector.

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