MetaCap

Applied Digital (APLD) vs RingCentral (RNG)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

RingCentral (RNG) has outperformed Applied Digital (APLD) over the past year, gaining 182.0% versus a loss of 12.8%. Applied Digital is the larger company by market cap ($6.95 billion vs $6.50 billion), about 1.1 times the size. RingCentral pays a dividend yielding 0.19%, while Applied Digital does not currently pay one.

RingCentral converts more of its revenue into profit, with a net margin of 1.7% versus -30.2%.

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

Relative performance

APLD-12.78%RNG+182.02%
+205%+85%-36%
Oct 7, 20251 yearOct 7, 2026
APLD+398.12%RNG-28.21%
+938%+405%-128%
Apr 11, 20225 yearsOct 5, 2026

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

Head-to-head

APLD versus RNG key metrics
MetricAPLDRNG
Share price$23.22$77.81
Market cap$6.95B$6.50B
1-day change-2.50%+1.66%
YTD return-2.90%+165.03%
1-year return-12.78%+182.02%
5-year return—-67.48%
P/E ratio (TTM)—62.25
Forward P/E—13.95
EPS (TTM)$-0.91$1.25
Dividend yield0.00%0.19%
Annual dividend$0.00$0.15
Revenue (latest FY)$611.31M$2.52B
Revenue growth (YoY)+167.45%+4.78%
Net income (latest FY)$-184.34M$43.39M
Gross margin35.08%71.24%
Operating margin-38.68%4.79%
Net margin-30.15%1.73%
52-week high$50.73$81.90
52-week low$19.01$24.14
Distance from 52-week high-54.23%-4.99%
Analyst consensusstrong_buynone
Avg. price target upside+181.59%-25.92%
Average volume18.15M1.83M
Shares outstanding299.17M73.74M
Employees2567,378
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

  • RNG has outperformed APLD by 194.8 percentage points over the past year.
  • RingCentral is more profitable, keeping 1.7 cents of every revenue dollar as net income versus -30.2 cents for Applied Digital.
  • Applied Digital grew revenue faster in its latest fiscal year (+167.45% vs +4.78%).

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 RingCentral

RNG stock →

RingCentral, Inc., an agentic voice AI–powered cloud business communication services provider, delivering an integrated platform for business phone, SMS, contact center, workforce engagement management, video collaboration, and messaging. The company's products include RingEX, a AI-powered unified communications as a service platform for collaboration across voice, messaging, and video; RingCentral Contact Center, a contact center solution that delivers AI-powered omni-channel and workforce engagement solutions; RingCentral Customer Engagement Bundle, a comprehensive solution that includes phone, messaging, and SMS for businesses; and RingCX, a contact center as a service solution for AI-powered customer engagement with CRM integrations.

Technology · EDP Services · 7,378 employees

APLD vs RNG FAQ

Which is bigger, Applied Digital or RingCentral?

Applied Digital (APLD) is larger, with a market capitalization of $6.95B compared with $6.50B for RingCentral (RNG).

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

RNG returned +182.02% over the past 12 months, compared with -12.78% for APLD (price return, excluding dividends). Past performance does not predict future results.

Which pays a higher dividend, Applied Digital or RingCentral?

RingCentral pays a dividend yielding 0.19%, while Applied Digital does not currently pay a regular dividend.

Are Applied Digital and RingCentral in the same industry?

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

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