BLZE vs. APLD
Compare and contrast key facts about Backblaze, Inc. (BLZE) and Applied Digital Corporation (APLD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLZE or APLD.
Correlation
The correlation between BLZE and APLD is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BLZE vs. APLD - Performance Comparison
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Key characteristics
BLZE:
-0.43
APLD:
0.42
BLZE:
-0.82
APLD:
1.69
BLZE:
0.89
APLD:
1.20
BLZE:
-0.54
APLD:
0.63
BLZE:
-2.03
APLD:
2.09
BLZE:
22.91%
APLD:
29.11%
BLZE:
62.92%
APLD:
144.32%
BLZE:
-87.97%
APLD:
-99.99%
BLZE:
-83.17%
APLD:
-95.05%
Fundamentals
BLZE:
$286.42M
APLD:
$1.21B
BLZE:
-$1.11
APLD:
-$1.47
BLZE:
2.17
APLD:
5.48
BLZE:
3.20
APLD:
2.59
BLZE:
$97.66M
APLD:
$221.19M
BLZE:
$53.53M
APLD:
$12.34M
BLZE:
-$13.39M
APLD:
-$46.07M
Returns By Period
In the year-to-date period, BLZE achieves a -11.96% return, which is significantly higher than APLD's -30.50% return.
BLZE
-11.96%
16.23%
-24.50%
-26.90%
N/A
N/A
APLD
-30.50%
0.38%
-29.95%
60.42%
187.10%
105.46%
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Risk-Adjusted Performance
BLZE vs. APLD — Risk-Adjusted Performance Rank
BLZE
APLD
BLZE vs. APLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Backblaze, Inc. (BLZE) and Applied Digital Corporation (APLD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
BLZE vs. APLD - Dividend Comparison
Neither BLZE nor APLD has paid dividends to shareholders.
Drawdowns
BLZE vs. APLD - Drawdown Comparison
The maximum BLZE drawdown since its inception was -87.97%, smaller than the maximum APLD drawdown of -99.99%. Use the drawdown chart below to compare losses from any high point for BLZE and APLD. For additional features, visit the drawdowns tool.
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Volatility
BLZE vs. APLD - Volatility Comparison
The current volatility for Backblaze, Inc. (BLZE) is 17.50%, while Applied Digital Corporation (APLD) has a volatility of 53.07%. This indicates that BLZE experiences smaller price fluctuations and is considered to be less risky than APLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
BLZE vs. APLD - Financials Comparison
This section allows you to compare key financial metrics between Backblaze, Inc. and Applied Digital Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BLZE vs. APLD - Profitability Comparison
BLZE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Backblaze, Inc. reported a gross profit of 18.50M and revenue of 33.79M. Therefore, the gross margin over that period was 54.8%.
APLD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Applied Digital Corporation reported a gross profit of 3.78M and revenue of 52.92M. Therefore, the gross margin over that period was 7.1%.
BLZE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Backblaze, Inc. reported an operating income of -13.77M and revenue of 33.79M, resulting in an operating margin of -40.8%.
APLD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Applied Digital Corporation reported an operating income of -18.94M and revenue of 52.92M, resulting in an operating margin of -35.8%.
BLZE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Backblaze, Inc. reported a net income of -14.38M and revenue of 33.79M, resulting in a net margin of -42.6%.
APLD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Applied Digital Corporation reported a net income of -35.56M and revenue of 52.92M, resulting in a net margin of -67.2%.