analyticsVertical SaaS
Data as of Q1 2026
Summary Verdict
APLD: 2—ALRM: 3wins
Rule of 40
124.2APLD
21.1ALRM
check_circleAPLD leads
Revenue Growth
171.1%APLD
7.6%ALRM
check_circleAPLD leads
Gross Margin
3%APLD
66%ALRM
check_circleALRM leads
FCF Margin
-46.9%APLD
13.6%ALRM
check_circleALRM leads
Operating Margin
-4.5%APLD
13.2%ALRM
check_circleALRM leads
NRR
—APLD
—ALRM
Metric
Rule of 40Efficiency score
APLD
124.2check_circle
ALRM
21.1
Revenue GrowthYoY
APLD
171.1%check_circle
ALRM
7.6%
Gross Margin% of revenue
APLD
3%
ALRM
66%check_circle
FCF MarginFree cash flow
APLD
-46.9%
ALRM
13.6%check_circle
Operating MarginGAAP
APLD
-4.5%
ALRM
13.2%check_circle
NRRNet retention
APLD
N/A
ALRM
N/A
EV / RevenueValuation multiple
APLD
27.0x
ALRM
N/A
Market CapUSD
APLD
$10.0B
ALRM
N/A
ARR GrowthYoY
APLD
N/A
ALRM
N/A
CAC PaybackMonths to recover
APLD
N/A
ALRM
N/A
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insights
Analysis
As of Q1 2026, Applied Digital Corp. trades at 27.0x EV/Revenue versus Alarm.com Holdings, Inc. at N/A. On the Rule of 40, Applied Digital Corp. scores 124.2 compared to Alarm.com Holdings, Inc.'s 21.1, placing Applied Digital Corp. ahead in operating efficiency. Gross margins stand at Applied Digital Corp. 3% vs Alarm.com Holdings, Inc. 66%.
Sector Context
Both companies operate in the Vertical SaaS sector. The median columns above show where each company stands relative to their peers.