Sector Alpha Week of 2026-07-28
20-quarter listed-company comparison

Computer Hardware Stocks

Computer Hardware: Dell Technologies Inc. owns the largest revenue base; IonQ, Inc. has the fastest current growth.

The industry itself · before any single company

How has Computer Hardware moved against S&P 500?

The line below covers 5.2 years. Over the most recent two of them this industry is 562% ahead of S&P 500. Earnings across its companies grew 29% on average over the last four reported quarters. It has been ahead of S&P 500 on a rolling three-month view for 26 weeks running.

LEADER · ahead 26wPrice and the fundamentals both up13 of 24 companies ahead of S&P 500 by 5% or more over three months

RS ↑26w · 14/24 >200d (+1) · 13/24 lead (−3) · EPS 20/24↑

20050010002000202620252024202320222021 1716348 TRAILING 12-MONTH EPS · 100 AT THE START0100157Jun 22Dec 22Jun 23Dec 23Jun 24Dec 24Jun 25Dec 25Jun 26Mar 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 7 reporting · thin coverageJun 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 13 reportingSep 2022 · trailing 12-month earnings per share at 72, against 100 at the start · no comparable year yet · 14 reportingDec 2022 · trailing 12-month earnings per share at 34, against 100 at the start · down 100.0% on a year ago · 13 reportingMar 2023 · trailing 12-month earnings per share at 42, against 100 at the start · down 100.0% on a year ago · 12 reportingJun 2023 · trailing 12-month earnings per share at 39, against 100 at the start · down 57.3% on a year ago · 13 reportingSep 2023 · trailing 12-month earnings per share at 28, against 100 at the start · down 60.3% on a year ago · 12 reportingDec 2023 · trailing 12-month earnings per share at 51, against 100 at the start · up 21.3% on a year ago · 13 reportingMar 2024 · trailing 12-month earnings per share at 59, against 100 at the start · up 38.1% on a year ago · 12 reportingJun 2024 · trailing 12-month earnings per share at 61, against 100 at the start · up 61.0% on a year ago · 13 reportingSep 2024 · trailing 12-month earnings per share at 53, against 100 at the start · up 64.1% on a year ago · 12 reportingDec 2024 · trailing 12-month earnings per share at 60, against 100 at the start · up 28.0% on a year ago · 14 reportingMar 2025 · trailing 12-month earnings per share at 61, against 100 at the start · up 7.1% on a year ago · 13 reportingJun 2025 · trailing 12-month earnings per share at 56, against 100 at the start · up 1.1% on a year ago · 14 reportingSep 2025 · trailing 12-month earnings per share at 62, against 100 at the start · up 0.4% on a year ago · 10 reportingDec 2025 · trailing 12-month earnings per share at 83, against 100 at the start · up 12.2% on a year ago · 14 reportingMar 2026 · trailing 12-month earnings per share at 109, against 100 at the start · up 19.7% on a year ago · 13 reportingJun 2026 · trailing 12-month earnings per share at 157, against 100 at the start · up 82.0% on a year ago · 6 reporting · thin coverageNot reported yet — earnings trail price by a quarter or two157No earnings on file this far back — the price series reaches further than the filings do
20050010002000202620252024202320222021 1716348 TRAILING 12-MONTH EPS · 100 AT THE START0100157Jun 22Jun 23Jun 24Jun 25Jun 26Mar 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 7 reporting · thin coverageJun 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 13 reportingSep 2022 · trailing 12-month earnings per share at 72, against 100 at the start · no comparable year yet · 14 reportingDec 2022 · trailing 12-month earnings per share at 34, against 100 at the start · down 100.0% on a year ago · 13 reportingMar 2023 · trailing 12-month earnings per share at 42, against 100 at the start · down 100.0% on a year ago · 12 reportingJun 2023 · trailing 12-month earnings per share at 39, against 100 at the start · down 57.3% on a year ago · 13 reportingSep 2023 · trailing 12-month earnings per share at 28, against 100 at the start · down 60.3% on a year ago · 12 reportingDec 2023 · trailing 12-month earnings per share at 51, against 100 at the start · up 21.3% on a year ago · 13 reportingMar 2024 · trailing 12-month earnings per share at 59, against 100 at the start · up 38.1% on a year ago · 12 reportingJun 2024 · trailing 12-month earnings per share at 61, against 100 at the start · up 61.0% on a year ago · 13 reportingSep 2024 · trailing 12-month earnings per share at 53, against 100 at the start · up 64.1% on a year ago · 12 reportingDec 2024 · trailing 12-month earnings per share at 60, against 100 at the start · up 28.0% on a year ago · 14 reportingMar 2025 · trailing 12-month earnings per share at 61, against 100 at the start · up 7.1% on a year ago · 13 reportingJun 2025 · trailing 12-month earnings per share at 56, against 100 at the start · up 1.1% on a year ago · 14 reportingSep 2025 · trailing 12-month earnings per share at 62, against 100 at the start · up 0.4% on a year ago · 10 reportingDec 2025 · trailing 12-month earnings per share at 83, against 100 at the start · up 12.2% on a year ago · 14 reportingMar 2026 · trailing 12-month earnings per share at 109, against 100 at the start · up 19.7% on a year ago · 13 reportingJun 2026 · trailing 12-month earnings per share at 157, against 100 at the start · up 82.0% on a year ago · 6 reporting · thin coverageNot reported yet — earnings trail price by a quarter or twoNo earnings on file this far back — the price series reaches further than the filings do
Computer Hardware, equal-weighted, based at 200 S&P 500, same base, same start trailing 12-month earnings per share rising falling
Strength anatomy MixedHow much of the industry is participating, how recently, and whether the movers score well.
Together13 of 24 stocks moving
Fresh3 crossed in the last 4 weeks
Backed by scoresmovers score +5 vs the industry average
Down the cap ladder — bar is now, tick is four weeks ago
Large 4/5−1
Mid 4/9−1
Small 5/10−1

Participation is not spreading downward this month; the larger companies are still carrying most of it.

Both lines start at 200 in the same week, so the distance between them is the whole story: the industry line is an equal-weighted index of its 24 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the industry taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

Sector relative strength · before individual stocks

Is Computer Hardware outperforming S&P 500?

Computer Hardware has outperformed S&P 500 by 61.7% over the last 52 weeks. Over 13 weeks the gap is a lead of 4.2%. 12 of 26 covered companies currently beat the S&P 500 on Mansfield relative strength, so leadership inside the sector is selective. AstroNova, Inc. is the strongest against the sector itself at +87.2%.

+4.2%Sector vs S&P 500 · 13 weeks
+61.7%Sector vs S&P 500 · 52 weeks
12/26Stocks leading S&P 500
9/26Stocks leading sector

Sector metric: — as of latest available · unclassified · direction unavailable.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

Computer Hardware has outperformed S&P 500 by 61.7% over 52 weeks and 4.2% over 13 weeks. 12 of 26 covered companies beat the S&P 500 on Mansfield relative strength, while 9 of 26 beat the sector itself. Dell Technologies Inc. leads with revenue of $134,002 million, based on 22 of 29 comparable companies through Jun 2026.

Is the Computer Hardware sector outperforming S&P 500?

Computer Hardware has outperformed S&P 500 by 61.7% over 52 weeks and 4.2% over 13 weeks. 12 of 26 covered companies beat the S&P 500 on Mansfield relative strength, while 9 of 26 beat the sector itself.

Which Computer Hardware company is largest by revenue?

Dell Technologies Inc. leads with revenue of $134,002 million, based on 22 of 29 comparable companies through Jun 2026.

Which Computer Hardware company is growing fastest?

IonQ, Inc. has the fastest current revenue growth at 100%, across 21 of 29 comparable companies.

Which Computer Hardware company has the strongest 4-Factor Sector Score?

Dell Technologies Inc. ranks first at 76.3/100 with 86.2% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Computer Hardware company reports the most CAPEX?

Dell Technologies Inc. reports the largest latest CAPEX at $963 million, with 26 of 29 companies comparable.

Which Computer Hardware company has the least gross debt?

AMC Robotics Corporation has the lowest comparable gross debt at $0 million. Dell Technologies Inc. has the highest at $31,161 million.

Which Computer Hardware company has the lowest comparable PEG?

Dell Technologies Inc. has the lowest comparable Guarded PEG at 0.36, among 6 of 29 companies that pass the metric’s comparability rules.

How much history does this Computer Hardware comparison include?

The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Companies
29
complete canonical membership
Combined market value
$1.1T
Dell Technologies Inc.
Revenue growing
15/21
positive TTM year-on-year growth
Beating S&P 500
12/26
positive Mansfield relative strength
Global company selection
00 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Dell Technologies Inc. has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 86.2% evidence confidence.
HP Inc. looks inexpensive relative to peers or its own history, but its earnings trajectory has not yet earned the valuation signal.
AstroNova, Inc. has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.

1. Dell Technologies Inc. · DELL

76.3/100 · Favorable setup · 86% evidence

Exact sum: 29.5 + 12 + 15.2 + 19.6 = 76.3

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

29.5/35Growth & earnings

Revenue 38.6% · PAT 84.8% · OPM change 3.3 pp

95% evidence

12.0/25Capital efficiency

ROCE 9.5% · debt/equity 3.38×

80% evidence

15.2/20Valuation

P/E 16.7× · PEG 0.36

65% evidence

19.6/20Relative strength

RS sector 67.4% · RS bench 85.6% · 1Y 208%

100% evidence

2. Sandisk Corporation · SNDK

65.9/100 · Thin evidence · provisional · 59% evidence

Exact sum: 22.9 + 20.6 + 9.4 + 13 = 65.9

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

22.9/35Growth & earnings

Revenue — · PAT — · OPM change 68.2 pp

45% evidence

20.6/25Capital efficiency

ROCE 30.7% · debt/equity 0×

80% evidence

9.4/20Valuation

P/E 24.4× · PEG —

15% evidence

13.0/20Relative strength

RS sector 46.1% · RS bench 51.3% · 1Y 2552.1%

100% evidence

3. Western Digital Corporation · WDC

59.7/100 · Thin evidence · provisional · 59% evidence

Exact sum: 21.6 + 15.1 + 10 + 13 = 59.7

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

21.6/35Growth & earnings

Revenue — · PAT — · OPM change 9.6 pp

45% evidence

15.1/25Capital efficiency

ROCE 11% · debt/equity 0.16×

80% evidence

10.0/20Valuation

P/E 17.7× · PEG —

15% evidence

13.0/20Relative strength

RS sector 43.4% · RS bench 55.3% · 1Y 505.5%

100% evidence

4. Seagate Technology Holdings plc · STX

59.5/100 · Thin evidence · provisional · 59% evidence

Exact sum: 22.2 + 14.6 + 9.1 + 13.6 = 59.5

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

22.2/35Growth & earnings

Revenue — · PAT — · OPM change 8.9 pp

45% evidence

14.6/25Capital efficiency

ROCE 18.5% · debt/equity 3.53×

80% evidence

9.1/20Valuation

P/E 40.7× · PEG —

15% evidence

13.6/20Relative strength

RS sector 44.1% · RS bench 56.9% · 1Y 382.7%

100% evidence

5. Unusual Machines, Inc. · UMAC

59.5/100 · Thin evidence · provisional · 56% evidence

Exact sum: 25 + 9.7 + 10 + 14.8 = 59.5

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

25.0/35Growth & earnings

Revenue 100% · PAT — · OPM change 70.3 pp

62% evidence

9.7/25Capital efficiency

ROCE -4.1% · debt/equity 0.01×

80% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

14.8/20Relative strength

RS sector 11.8% · RS bench 26.8% · 1Y 125.3%

70% evidence

6. Logitech International S.A. · LOGI

55.8/100 · Mixed-positive evidence · 82% evidence

Exact sum: 17.9 + 16.6 + 10.1 + 11.2 = 55.8

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

17.9/35Growth & earnings

Revenue 6.3% · PAT 12.7% · OPM change 2 pp

83% evidence

16.6/25Capital efficiency

ROCE 5.5% · debt/equity 0×

80% evidence

10.1/20Valuation

P/E 19× · PEG 1.21

65% evidence

11.2/20Relative strength

RS sector -15% · RS bench 0.8% · 1Y 24.5%

100% evidence

7. One Stop Systems, Inc. · OSS

55.5/100 · Thin evidence · provisional · 59% evidence

Exact sum: 21.5 + 10.6 + 9.3 + 14.1 = 55.5

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

21.5/35Growth & earnings

Revenue 12.8% · PAT — · OPM change 36.9 pp

62% evidence

10.6/25Capital efficiency

ROCE -1.8% · debt/equity 0.02×

80% evidence

9.3/20Valuation

P/E 30.3× · PEG —

15% evidence

14.1/20Relative strength

RS sector 6.6% · RS bench 18.9% · 1Y 138.3%

70% evidence

8. Arista Networks, Inc. · ANET

54.8/100 · Mixed-positive evidence · 82% evidence

Exact sum: 20.4 + 18.1 + 6.7 + 9.6 = 54.8

Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression.

20.4/35Growth & earnings

Revenue 30.6% · PAT 22.9% · OPM change -0.1 pp

83% evidence

18.1/25Capital efficiency

ROCE 8.7% · debt/equity 0×

80% evidence

6.7/20Valuation

P/E 42× · PEG 1.77

65% evidence

9.6/20Relative strength

RS sector -6.6% · RS bench 9.5% · 1Y 44.3%

100% evidence

9. Super Micro Computer, Inc. · SMCI

53.2/100 · Mixed-positive evidence · 82% evidence

Exact sum: 21.7 + 11.4 + 12.2 + 7.9 = 53.2

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

21.7/35Growth & earnings

Revenue 56.2% · PAT 9.3% · OPM change 2.9 pp

83% evidence

11.4/25Capital efficiency

ROCE 5.1% · debt/equity 1.16×

80% evidence

12.2/20Valuation

P/E 12× · PEG 1.02

65% evidence

7.9/20Relative strength

RS sector -37.4% · RS bench -24.8% · 1Y -49.8%

100% evidence

10. Corsair Gaming, Inc. · CRSR

52.0/100 · Thin evidence · provisional · 59% evidence

Exact sum: 17.9 + 10.2 + 8.7 + 15.2 = 52

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

17.9/35Growth & earnings

Revenue 8.1% · PAT — · OPM change 4.5 pp

62% evidence

10.2/25Capital efficiency

ROCE 1.7% · debt/equity 0.18×

80% evidence

8.7/20Valuation

P/E 69.4× · PEG —

15% evidence

15.2/20Relative strength

RS sector 15.6% · RS bench 36.3% · 1Y 25.3%

70% evidence

11. AstroNova, Inc. · ALOT

50.5/100 · Mixed-positive evidence · 62% evidence

Exact sum: 14.2 + 9.7 + 9.6 + 17 = 50.5

Decision use: Price leads the evidence: RS versus the benchmark is 111.4%, but earnings trajectory is weak. Wait for revenue and profit confirmation.

14.2/35Growth & earnings

Revenue -2.6% · PAT — · OPM change 2.5 pp

71% evidence

9.7/25Capital efficiency

ROCE 1.6% · debt/equity 0.49×

80% evidence

9.6/20Valuation

P/E 24.3× · PEG —

15% evidence

17.0/20Relative strength

RS sector 87.2% · RS bench 111.4% · 1Y 154.1%

70% evidence

12. HP Inc. · HPQ

50.4/100 · Mixed-positive evidence · 81% evidence

Exact sum: 9.6 + 12.4 + 15.1 + 13.3 = 50.4

Decision use: Price leads the evidence: RS versus the benchmark is 11.7%, but earnings trajectory is weak. Wait for revenue and profit confirmation.

9.6/35Growth & earnings

Revenue 5.7% · PAT 1.4% · OPM change -0.7 pp

95% evidence

12.4/25Capital efficiency

ROCE 4.9% · debt/equity —

57% evidence

15.1/20Valuation

P/E 7.7× · PEG 0.5

65% evidence

13.3/20Relative strength

RS sector -6.5% · RS bench 11.7% · 1Y 15.7%

100% evidence

13. Everpure, Inc. · P

48.3/100 · Mixed-negative evidence · 68% evidence

Exact sum: 20.7 + 10.5 + 8.5 + 8.6 = 48.3

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

20.7/35Growth & earnings

Revenue 21% · PAT 76.6% · OPM change 5.9 pp

71% evidence

10.5/25Capital efficiency

ROCE 0.8% · debt/equity 0.16×

80% evidence

8.5/20Valuation

P/E 105.1× · PEG —

15% evidence

8.6/20Relative strength

RS sector -22.6% · RS bench -8.5% · 1Y 33.9%

100% evidence

14. Velo3D, Inc. · VELO

47.8/100 · Thin evidence · provisional · 59% evidence

Exact sum: 23.6 + 7.3 + 10.4 + 6.5 = 47.8

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

23.6/35Growth & earnings

Revenue 27.5% · PAT — · OPM change 73.3 pp

62% evidence

7.3/25Capital efficiency

ROCE -9.9% · debt/equity 0.12×

80% evidence

10.4/20Valuation

P/E 16.2× · PEG —

15% evidence

6.5/20Relative strength

RS sector -28% · RS bench -20.6% · 1Y 49.8%

70% evidence

15. Cricut, Inc. · CRCT

47.1/100 · Mixed-negative evidence · 76% evidence

Exact sum: 10.9 + 15.3 + 13.9 + 7 = 47.1

Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.

10.9/35Growth & earnings

Revenue -0.4% · PAT 9% · OPM change -3.6 pp

83% evidence

15.3/25Capital efficiency

ROCE 5.2% · debt/equity 0.03×

80% evidence

13.9/20Valuation

P/E 10.7× · PEG 0.83

65% evidence

7.0/20Relative strength

RS sector -24.8% · RS bench -9.5% · 1Y 1.3%

70% evidence

16. IonQ, Inc. · IONQ

45.7/100 · Mixed-negative evidence · 62% evidence

Exact sum: 23.9 + 9.1 + 10 + 2.7 = 45.7

Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -43.5% and the one-year return is -11.1%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.

23.9/35Growth & earnings

Revenue 100% · PAT — · OPM change 580.5 pp

62% evidence

9.1/25Capital efficiency

ROCE -7.4% · debt/equity 0.01×

80% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

2.7/20Relative strength

RS sector -43.5% · RS bench -33.5% · 1Y -11.1%

100% evidence

17. Quantum Computing Inc. · QUBT

45.5/100 · Thin evidence · provisional · 56% evidence

Exact sum: 20.8 + 10.1 + 10 + 4.6 = 45.5

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

20.8/35Growth & earnings

Revenue — · PAT — · OPM change 20689.4 pp

45% evidence

10.1/25Capital efficiency

ROCE -2.2% · debt/equity 0×

80% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

4.6/20Relative strength

RS sector -49.9% · RS bench -39.2% · 1Y -47.8%

100% evidence

18. 3D Systems Corporation · DDD

45.0/100 · Thin evidence · provisional · 59% evidence

Exact sum: 17.7 + 8.2 + 11.1 + 8 = 45

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

17.7/35Growth & earnings

Revenue -10.2% · PAT — · OPM change 31.9 pp

62% evidence

8.2/25Capital efficiency

ROCE -1.6% · debt/equity 0.61×

80% evidence

11.1/20Valuation

P/E 7.5× · PEG —

15% evidence

8.0/20Relative strength

RS sector -16.8% · RS bench -3.3% · 1Y 57.5%

70% evidence

19. Rigetti Computing, Inc. · RGTI

44.1/100 · Mixed-negative evidence · 62% evidence

Exact sum: 23 + 8.9 + 10 + 2.2 = 44.1

Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -48.7% and the one-year return is 2.8%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.

23.0/35Growth & earnings

Revenue 25% · PAT — · OPM change 879.8 pp

62% evidence

8.9/25Capital efficiency

ROCE -6.1% · debt/equity 0.01×

80% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

2.2/20Relative strength

RS sector -48.7% · RS bench -39.3% · 1Y 2.8%

100% evidence

20. Nano Dimension Ltd. · NNDM

42.4/100 · Thin evidence · provisional · 56% evidence

Exact sum: 18.5 + 7.5 + 10 + 6.4 = 42.4

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

18.5/35Growth & earnings

Revenue 100% · PAT — · OPM change 73.9 pp

62% evidence

7.5/25Capital efficiency

ROCE -9.5% · debt/equity 0.06×

80% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

6.4/20Relative strength

RS sector -28.2% · RS bench -15.2% · 1Y 10.4%

70% evidence

21. Draganfly Inc. · DPRO

40.7/100 · Thin evidence · provisional · 59% evidence

Exact sum: 15.8 + 8.9 + 11.5 + 4.5 = 40.7

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

15.8/35Growth & earnings

Revenue 0% · PAT — · OPM change -96.6 pp

62% evidence

8.9/25Capital efficiency

ROCE -16% · debt/equity 0×

80% evidence

11.5/20Valuation

P/E 1.3× · PEG —

15% evidence

4.5/20Relative strength

RS sector -48% · RS bench -38.6% · 1Y -12.7%

70% evidence

22. Stratasys Ltd. · SSYS

35.9/100 · Mixed-negative evidence · 62% evidence

Exact sum: 9.2 + 9.2 + 10 + 7.5 = 35.9

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

9.2/35Growth & earnings

Revenue -2.8% · PAT — · OPM change -10.9 pp

62% evidence

9.2/25Capital efficiency

ROCE -3% · debt/equity 0.03×

80% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

7.5/20Relative strength

RS sector -34.9% · RS bench -22.2% · 1Y -24.9%

100% evidence

23. Canaan Inc. · CAN

35.5/100 · Thin evidence · provisional · 59% evidence

Exact sum: 13.8 + 7.4 + 11.3 + 3 = 35.5

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

13.8/35Growth & earnings

Revenue 60.1% · PAT — · OPM change -41.1 pp

62% evidence

7.4/25Capital efficiency

ROCE -15.5% · debt/equity 0.15×

80% evidence

11.3/20Valuation

P/E 5.1× · PEG —

15% evidence

3.0/20Relative strength

RS sector -73.7% · RS bench -67.8% · 1Y -63.6%

70% evidence

24. D-Wave Quantum Inc. · QBTS

31.2/100 · Thin evidence · provisional · 59% evidence

Exact sum: 8.6 + 8.9 + 10 + 3.7 = 31.2

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

8.6/35Growth & earnings

Revenue -38.1% · PAT — · OPM change -1839.6 pp

62% evidence

8.9/25Capital efficiency

ROCE -7.4% · debt/equity 0.04×

68% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

3.7/20Relative strength

RS sector -38.4% · RS bench -27.7% · 1Y 7.7%

100% evidence

25. Virtuix Holdings Inc. · VTIX

50.0/100 · Thin evidence · provisional · 0% evidence

Exact sum: 17.5 + 12.5 + 10 + 10 = 50

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

17.5/35Growth & earnings

Revenue — · PAT — · OPM change —

0% evidence

12.5/25Capital efficiency

ROCE — · debt/equity —

0% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

10.0/20Relative strength

RS sector — · RS bench — · 1Y —

0% evidence

26. Quantum Corporation · QMCO

47.0/100 · Thin evidence · provisional · 50% evidence

Exact sum: 12.9 + 9.6 + 10 + 14.5 = 47

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

12.9/35Growth & earnings

Revenue 2.2% · PAT — · OPM change 15.6 pp

62% evidence

9.6/25Capital efficiency

ROCE 3.4% · debt/equity —

57% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

14.5/20Relative strength

RS sector 8% · RS bench 25.5% · 1Y 49.8%

70% evidence

27. AMC Robotics Corporation · AMCI

46.5/100 · Thin evidence · provisional · 36% evidence

Exact sum: 18.1 + 15 + 10 + 3.4 = 46.5

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

18.1/35Growth & earnings

Revenue — · PAT — · OPM change 0.9 pp

19% evidence

15.0/25Capital efficiency

ROCE 7.2% · debt/equity 0×

60% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

3.4/20Relative strength

RS sector -51% · RS bench -39.3% · 1Y -57.2%

70% evidence

28. Braiin Limited · BRAI

46.0/100 · Thin evidence · provisional · 17% evidence

Exact sum: 13.4 + 12.6 + 10 + 10 = 46

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

13.4/35Growth & earnings

Revenue — · PAT — · OPM change —

24% evidence

12.6/25Capital efficiency

ROCE 11.1% · debt/equity —

34% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

10.0/20Relative strength

RS sector — · RS bench — · 1Y —

0% evidence

29. Bgin Blockchain Limited · BGIN

45.9/100 · Thin evidence · provisional · 12% evidence

Exact sum: 16.4 + 9.5 + 10 + 10 = 45.9

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

16.4/35Growth & earnings

Revenue — · PAT — · OPM change —

9% evidence

9.5/25Capital efficiency

ROCE -43.3% · debt/equity —

34% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

10.0/20Relative strength

RS sector — · RS bench — · 1Y —

0% evidence

01 · compare level, then change

Revenue Scale & Growth Durability

Dell Technologies Inc. has the highest Revenue among the 29 Computer Hardware companies compared here, at $134,002 million. HP Inc. is next at $57,417 million. IonQ, Inc. has the highest Revenue growth at the 100% top of the scoring scale, so level and change sit with different companies. Its Revenue series carries 20 reported observations across the 20-quarter window.

What the numbers say: Dell Technologies Inc. is the scale leader at $134,002 million, 133.4% ahead of HP Inc.. IonQ, Inc.'s growth is stored at the ≥100% scoring cap; the uncapped TTM change is 337.2% from a $188 million base, with 19 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderDell Technologies Inc. · $134,002 million
Gap133.4% versus #2 · HP Inc.
Persistence8/8 recent comparable periods
Coverage22/29 companies · 473 observations

Investor read: Dell Technologies Inc. is the scale benchmark; IonQ, Inc. is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Dell Technologies Inc.'s growth falls below IonQ, Inc.'s for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1Dell Technologies Inc. DELL$134.0B
2HP Inc. HPQ$57.4B
3Super Micro Computer, Inc. SMCI$33.7B
4Arista Networks, Inc. ANET$9.7B
5Logitech International S.A. LOGI$4.8B
Revenue growthfastest growers
1IonQ, Inc. IONQ100%
2Nano Dimension Ltd. NNDM100%
3Unusual Machines, Inc. UMAC100%
4Canaan Inc. CAN60%
5Super Micro Computer, Inc. SMCI56%
Revenue · company comparison
22/29 level · 21/29 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
Dell Technologies Inc. DELL$43.8B88%Jun 2026
HP Inc. HPQ$14.4B9.0%Jun 2026
Super Micro Computer, Inc. SMCI$10.2B123%Mar 2026
Sandisk Corporation SNDK$6.0B213%Jun 2026
Western Digital Corporation WDC$3.3B28%Jun 2026
Seagate Technology Holdings plc STX$3.1B27%Jun 2026
Arista Networks, Inc. ANET$2.7B35%Mar 2026
Logitech International S.A. LOGI$1.1B7.5%Mar 2026
Everpure, Inc. P$1.1B35%Jun 2026
Corsair Gaming, Inc. CRSR$355M-4.1%Mar 2026
Cricut, Inc. CRCT$159M-2.5%Mar 2026
Stratasys Ltd. SSYS$133M-2.2%Mar 2026
3D Systems Corporation DDD$96M1.1%Mar 2026
Quantum Corporation QMCO$78M28%Mar 2026
IonQ, Inc. IONQ$65M713%Mar 2026
Canaan Inc. CAN$63M-24%Mar 2026
AstroNova, Inc. ALOT$39M2.6%Jun 2026
Nano Dimension Ltd. NNDM$30M114%Mar 2026
Bgin Blockchain Limited BGIN$20M-87%Dec 2025
Velo3D, Inc. VELO$14M56%Mar 2026
Unusual Machines, Inc. UMAC$8M300%Mar 2026
One Stop Systems, Inc. OSS$8M60%Mar 2026
Rigetti Computing, Inc. RGTI$4M300%Mar 2026
Quantum Computing Inc. QUBT$4MMar 2026
D-Wave Quantum Inc. QBTS$3M-80%Mar 2026
Draganfly Inc. DPRO$2M0.0%Mar 2026
AMC Robotics Corporation AMCI$1M-50%Dec 2025
Full 20-quarter history · every available company

Revenue · reported quarter history

Showing the 12 largest of 27 companies with a series here. The remaining 15 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Arista Networks, Inc. · ANET

$749M
$824M
$877M
$1.1B
$1.2B
$1.3B
$1.4B
$1.5B
$1.5B
$1.5B
$1.6B
$1.7B
$1.8B
$1.9B
$2.0B
$2.2B
$2.3B
$2.5B
$2.7B

D-Wave Quantum Inc. · QBTS

$1M
$2M
$2M
$1M
$2M
$2M
$2M
$2M
$3M
$3M
$2M
$2M
$2M
$2M
$15M
$3M
$4M
$3M
$3M

Dell Technologies Inc. · DELL

$24.2B
$26.4B
$28.0B
$26.1B
$26.4B
$24.7B
$25.0B
$20.9B
$22.9B
$22.3B
$22.3B
$22.2B
$25.0B
$24.4B
$23.9B
$23.4B
$29.8B
$27.0B
$33.4B
$43.8B

Everpure, Inc. · P

$497M
$563M
$709M
$620M
$647M
$676M
$810M
$589M
$689M
$763M
$790M
$693M
$764M
$831M
$880M
$778M
$861M
$964M
$1.1B
$1.1B

HP Inc. · HPQ

$15.3B
$16.6B
$17.0B
$16.5B
$14.6B
$14.8B
$13.8B
$12.9B
$13.2B
$13.8B
$13.2B
$12.8B
$13.5B
$14.1B
$13.5B
$13.2B
$13.9B
$14.6B
$14.4B
$14.4B

IonQ, Inc. · IONQ

$0M
$2M
$2M
$3M
$3M
$4M
$4M
$6M
$6M
$6M
$8M
$11M
$12M
$12M
$8M
$21M
$40M
$62M
$65M

Logitech International S.A. · LOGI

$1.3B
$1.6B
$1.2B
$1.2B
$1.1B
$1.3B
$960M
$974M
$1.1B
$1.3B
$1.0B
$1.1B
$1.1B
$1.3B
$1.0B
$1.1B
$1.2B
$1.4B
$1.1B

Rigetti Computing, Inc. · RGTI

$3M
$2M
$2M
$2M
$3M
$6M
$2M
$3M
$3M
$3M
$3M
$3M
$2M
$2M
$1M
$2M
$2M
$2M
$4M

Sandisk Corporation · SNDK

$1.3B
$1.4B
$1.5B
$1.7B
$1.7B
$1.8B
$1.9B
$1.9B
$1.7B
$1.9B
$2.3B
$3.0B
$6.0B

Seagate Technology Holdings plc · STX

$3.0B
$3.1B
$2.8B
$2.6B
$1.9B
$1.9B
$1.6B
$1.5B
$1.6B
$1.7B
$1.9B
$2.2B
$2.3B
$2.2B
$2.4B
$2.6B
$2.8B
$3.1B

Super Micro Computer, Inc. · SMCI

$1.0B
$1.2B
$1.4B
$1.6B
$1.9B
$1.8B
$1.3B
$2.2B
$2.1B
$3.7B
$3.9B
$5.4B
$5.9B
$5.7B
$4.6B
$5.8B
$5.0B
$12.7B
$10.2B

Western Digital Corporation · WDC

$4.9B
$5.1B
$4.4B
$4.5B
$3.1B
$2.8B
$2.7B
$2.8B
$3.0B
$1.8B
$2.0B
$2.2B
$2.4B
$2.3B
$2.6B
$2.8B
$3.0B
$3.3B

Revenue growth · reported quarter history

Showing the 12 largest of 26 companies with a series here. The remaining 14 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Arista Networks, Inc. · ANET

49%
57%
55%
54%
39%
28%
21%
16%
16%
20%
25%
28%
30%
27%
29%
35%

D-Wave Quantum Inc. · QBTS

100%
0.0%
0.0%
100%
50%
50%
0.0%
0.0%
-33%
-33%
650%
50%
100%
50%
-80%

Dell Technologies Inc. · DELL

9.2%
-6.4%
-11%
-20%
-13%
-10.0%
-11%
6.3%
9.1%
9.5%
7.2%
5.1%
19%
11%
39%
88%

Everpure, Inc. · P

30%
20%
14%
-5.0%
6.5%
13%
-2.5%
18%
11%
8.9%
11%
12%
13%
16%
20%
35%

HP Inc. · HPQ

-4.2%
-11%
-19%
-22%
-9.9%
-6.5%
-4.4%
-0.8%
2.5%
1.7%
2.4%
3.3%
3.1%
4.2%
6.9%
9.0%

IonQ, Inc. · IONQ

100%
100%
100%
100%
50%
100%
83%
100%
100%
0.0%
91%
233%
417%
713%

Logitech International S.A. · LOGI

-12%
-12%
-22%
-22%
-16%
-8.0%
-1.2%
5.3%
12%
5.6%
6.8%
-0.1%
5.5%
6.3%
6.0%
7.5%

Rigetti Computing, Inc. · RGTI

0.0%
0.0%
200%
0.0%
50%
0.0%
-50%
50%
0.0%
-33%
-33%
-67%
-33%
0.0%
0.0%
300%

Sandisk Corporation · SNDK

30%
26%
23%
13%
-0.6%
8.0%
23%
78%
213%

Seagate Technology Holdings plc · STX

-13%
-39%
-43%
-45%
-18%
-11%
18%
49%
50%
31%
30%
13%
31%
27%

Super Micro Computer, Inc. · SMCI

53%
79%
54%
-5.3%
34%
14%
103%
200%
145%
180%
55%
19%
7.5%
-15%
123%
123%

Western Digital Corporation · WDC

-8.0%
-38%
-39%
-39%
-2.4%
-38%
-25%
-20%
-21%
31%
30%
17%
32%
28%
02 · compare level, then change

Operating Economics & Margin Trend

Sandisk Corporation has the highest OPM among the 29 Computer Hardware companies compared here, at 69.1%. Arista Networks, Inc. is next at 42.7%. Quantum Computing Inc. has the highest Margin change at +20689.4 percentage points, so level and change sit with different companies. 25 of 29 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Sandisk Corporation leads opm at 69.1%; Quantum Computing Inc. leads margin change at +20689.4 percentage points.

LeaderSandisk Corporation · 69.1%
Gap61.8% versus #2 · Arista Networks, Inc.
Persistence5/8 recent comparable periods
Coverage25/29 companies · 430 observations

Investor read: Sandisk Corporation sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1Sandisk Corporation SNDK69%
2Arista Networks, Inc. ANET43%
3Western Digital Corporation WDC36%
4Seagate Technology Holdings plc STX32%
5AMC Robotics Corporation AMCI · older report23%
Margin changefastest expanders
1Quantum Computing Inc. QUBT+20,689.4 pp
2Rigetti Computing, Inc. RGTI+879.8 pp
3IonQ, Inc. IONQ+580.5 pp
4Nano Dimension Ltd. NNDM+73.9 pp
5Velo3D, Inc. VELO+73.3 pp
Operating margin · company comparison
25/29 level · 26/29 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyOPMMargin changeReported
Sandisk Corporation SNDK69%+68.2 ppJun 2026
Arista Networks, Inc. ANET43%−0.1 ppMar 2026
Western Digital Corporation WDC36%+9.6 ppJun 2026
Seagate Technology Holdings plc STX32%+8.9 ppJun 2026
AMC Robotics Corporation AMCI23%+0.9 ppDec 2025
Cricut, Inc. CRCT14%−3.6 ppMar 2026
Logitech International S.A. LOGI13%+2.0 ppMar 2026
Dell Technologies Inc. DELL8.3%+3.3 ppJun 2026
Super Micro Computer, Inc. SMCI6.1%+2.9 ppMar 2026
HP Inc. HPQ4.2%−0.7 ppJun 2026
AstroNova, Inc. ALOT4.0%+2.5 ppJun 2026
Corsair Gaming, Inc. CRSR3.9%+4.5 ppMar 2026
Everpure, Inc. P1.9%+5.9 ppJun 2026
Quantum Corporation QMCO-3.3%+15.6 ppMar 2026
3D Systems Corporation DDD-7.0%+31.9 ppMar 2026
One Stop Systems, Inc. OSS-8.3%+36.9 ppMar 2026
Stratasys Ltd. SSYS-20%−10.9 ppMar 2026
Velo3D, Inc. VELO-50%+73.3 ppMar 2026
Canaan Inc. CAN-87%−41.1 ppMar 2026
Unusual Machines, Inc. UMAC-90%+70.3 ppMar 2026
Nano Dimension Ltd. NNDM-217%+73.9 ppMar 2026
Draganfly Inc. DPRO-329%−96.6 ppMar 2026
IonQ, Inc. IONQ-420%+580.5 ppMar 2026
Quantum Computing Inc. QUBT-557%+20,689.4 ppMar 2026
Rigetti Computing, Inc. RGTI-590%+879.8 ppMar 2026
D-Wave Quantum Inc. QBTS-742%−1,839.6 ppMar 2026
Full 20-quarter history · every available company

OPM · reported quarter history

Showing the 12 largest of 26 companies with a series here. The remaining 14 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Arista Networks, Inc. · ANET

31%
32%
32%
35%
36%
37%
36%
36%
40%
42%
42%
41%
43%
41%
43%
45%
42%
42%
43%

D-Wave Quantum Inc. · QBTS

-749%
-447%
-639%
-905%
-895%
-878%
-719%
-569%
-711%
-863%
-876%
-75%
-856%
-742%

Dell Technologies Inc. · DELL

4.2%
4.0%
5.7%
5.9%
4.8%
7.1%
4.7%
5.1%
5.1%
6.7%
6.7%
4.3%
5.6%
7.1%
9.0%
5.0%
6.0%
7.8%
9.3%
8.3%

Everpure, Inc. · P

-6.8%
-3.2%
4.2%
-0.7%
2.2%
1.4%
8.0%
-12%
-0.9%
9.7%
7.3%
-6.0%
3.3%
7.2%
4.8%
-4.0%
0.6%
5.6%
8.2%
1.9%

HP Inc. · HPQ

9.0%
7.8%
8.0%
7.8%
8.6%
5.0%
5.4%
5.8%
7.2%
7.3%
7.1%
7.4%
7.0%
7.1%
6.3%
4.9%
5.1%
6.6%
5.3%
4.2%

IonQ, Inc. · IONQ

-658%
-936%
-726%
-902%
-621%
-654%
-600%
-688%
-892%
-697%
-430%
-429%
-662%
-776%
-424%
-369%
-420%

Logitech International S.A. · LOGI

14%
16%
11%
10%
11%
14%
4.0%
8.0%
15%
18%
13%
14%
14%
18%
11%
14%
16%
20%
13%

Rigetti Computing, Inc. · RGTI

-314%
-609%
-441%
-488%
-542%
-510%
-543%
-521%
-729%
-813%
-590%

Sandisk Corporation · SNDK

-38%
-42%
-32%
-15%
3.8%
11%
16%
10%
-111%
0.9%
7.6%
35%
69%

Seagate Technology Holdings plc · STX

17%
19%
15%
14%
-8.5%
-17%
1.6%
-8.9%
8.0%
8.6%
17%
19%
21%
20%
23%
26%
30%
32%

Super Micro Computer, Inc. · SMCI

2.8%
4.4%
6.6%
10%
12%
12%
7.7%
10%
8.1%
10%
9.8%
5.4%
8.6%
6.5%
3.2%
4.0%
3.6%
3.7%
6.1%

Western Digital Corporation · WDC

14%
15%
7.4%
12%
-10%
-17%
-24%
-22%
-6.9%
5.4%
-4.5%
15%
23%
33%
26%
28%
30%
36%

Margin change · reported quarter history

Showing the 12 largest of 26 companies with a series here. The remaining 14 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Arista Networks, Inc. · ANET

+3.5 pp
+4.3 pp
+4.6 pp
+4.2 pp
+1.8 pp
+4.4 pp
+4.7 pp
+6.1 pp
+5.1 pp
+3.5 pp
−0.1 pp
+0.8 pp
+3.3 pp
−1.0 pp
+0.1 pp
−0.1 pp

D-Wave Quantum Inc. · QBTS

−145.3 pp
−430.7 pp
−920.4 pp
−320.1 pp
+176.1 pp
+308.9 pp
+849.1 pp
+361.8 pp
−385.0 pp
−307.0 pp
+635.3 pp
+6.7 pp
+361.7 pp
−389.8 pp
−1,839.6 pp

Dell Technologies Inc. · DELL

+0.6 pp
+3.1 pp
−1.0 pp
−0.8 pp
+0.3 pp
−0.4 pp
+2.0 pp
−0.8 pp
+0.5 pp
+0.4 pp
+2.3 pp
+0.7 pp
+0.4 pp
+0.7 pp
+0.3 pp
+3.3 pp

Everpure, Inc. · P

+9.0 pp
+4.6 pp
+3.8 pp
−11.5 pp
−3.1 pp
+8.3 pp
−0.7 pp
+6.2 pp
+4.2 pp
−2.5 pp
−2.5 pp
+2.0 pp
−2.7 pp
−1.6 pp
+3.4 pp
+5.9 pp

HP Inc. · HPQ

−0.4 pp
−2.8 pp
−2.6 pp
−2.0 pp
−1.4 pp
+2.3 pp
+1.7 pp
+1.6 pp
−0.2 pp
−0.2 pp
−0.8 pp
−2.5 pp
−1.9 pp
−0.5 pp
−1.0 pp
−0.7 pp

IonQ, Inc. · IONQ

+10,014.0 pp
+3,615.1 pp
+37.0 pp
+282.2 pp
+125.8 pp
+214.0 pp
−271.1 pp
−43.4 pp
+170.0 pp
+259.1 pp
+229.8 pp
−302.9 pp
−346.0 pp
+5.0 pp
+292.5 pp
+580.5 pp

Logitech International S.A. · LOGI

−5.5 pp
−2.6 pp
−2.2 pp
−6.5 pp
−2.0 pp
+3.7 pp
+3.8 pp
+8.9 pp
+6.1 pp
−0.4 pp
−0.2 pp
−2.4 pp
0.0 pp
+1.7 pp
+2.6 pp
+2.0 pp

Rigetti Computing, Inc. · RGTI

−578.7 pp
−803.0 pp
+168.4 pp
+200.6 pp
+719.0 pp
+575.0 pp
−68.7 pp
+457.1 pp
−33.2 pp
−187.3 pp
−303.6 pp
−926.2 pp
−582.7 pp
−326.0 pp
−396.4 pp
+879.8 pp

Sandisk Corporation · SNDK

+41.9 pp
+52.9 pp
+47.3 pp
+25.1 pp
−114.8 pp
−10.4 pp
−2.8 pp
+146.2 pp
+68.2 pp

Seagate Technology Holdings plc · STX

−3.1 pp
−27.3 pp
−13.7 pp
−22.6 pp
+16.5 pp
+25.5 pp
+15.0 pp
+27.5 pp
+13.0 pp
+11.4 pp
+6.6 pp
+5.4 pp
+9.8 pp
+8.9 pp

Super Micro Computer, Inc. · SMCI

+6.4 pp
+9.1 pp
+7.5 pp
+1.1 pp
+0.3 pp
−3.8 pp
−1.8 pp
+2.1 pp
−5.0 pp
+0.5 pp
−3.6 pp
−6.6 pp
−1.4 pp
−5.0 pp
−2.8 pp
+2.9 pp

Western Digital Corporation · WDC

−1.3 pp
−25.7 pp
−31.7 pp
−34.1 pp
+3.4 pp
+22.2 pp
+19.8 pp
+36.8 pp
+30.1 pp
+27.7 pp
+30.6 pp
+4.9 pp
−3.0 pp
+9.6 pp
03 · compare level, then change

Profit Scale & Acceleration

Dell Technologies Inc. has the highest Net profit among the 29 Computer Hardware companies compared here, at $8,409 million. Arista Networks, Inc. is next at $3,721 million. The same company also holds the highest Profit growth, at 84.8%. 23 of 29 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Dell Technologies Inc. leads with $8,409 million of TTM profit, 126% above Arista Networks, Inc.. Dell Technologies Inc. shows 84.8% growth from a $8,409 million profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderDell Technologies Inc. · $8,409 million
Gap126% versus #2 · Arista Networks, Inc.
Persistence7/8 recent comparable periods
Coverage23/29 companies · 495 observations

Investor read: Dell Technologies Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1Dell Technologies Inc. DELL$8.4B
2Arista Networks, Inc. ANET$3.7B
3HP Inc. HPQ$2.6B
4Super Micro Computer, Inc. SMCI$1.3B
5Logitech International S.A. LOGI$711M
Profit growthfastest growers
1Dell Technologies Inc. DELL85%
2Arista Networks, Inc. ANET23%
3Logitech International S.A. LOGI13%
4Super Micro Computer, Inc. SMCI9.3%
5Cricut, Inc. CRCT9.0%
Net profit · company comparison
23/29 level · 6/29 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyNet profitProfit growthReported
Sandisk Corporation SNDK$3.6B7.7%Jun 2026
Dell Technologies Inc. DELL$3.4B256%Jun 2026
Western Digital Corporation WDC$3.2B1,172%Jun 2026
Arista Networks, Inc. ANET$1.0B26%Mar 2026
IonQ, Inc. IONQ$805MMar 2026
Seagate Technology Holdings plc STX$748M53%Jun 2026
Super Micro Computer, Inc. SMCI$484M344%Mar 2026
HP Inc. HPQ$450M11%Jun 2026
Logitech International S.A. LOGI$143M-0.7%Mar 2026
Rigetti Computing, Inc. RGTI$33M-23%Mar 2026
Everpure, Inc. P$24M138%Jun 2026
Cricut, Inc. CRCT$20M-17%Mar 2026
Corsair Gaming, Inc. CRSR$13M767%Mar 2026
Unusual Machines, Inc. UMAC$10MMar 2026
AstroNova, Inc. ALOT$1M-100%Jun 2026
One Stop Systems, Inc. OSS$0M-100%Mar 2026
Braiin Limited BRAI$-1MJun 2025
Quantum Computing Inc. QUBT$-4M-124%Mar 2026
3D Systems Corporation DDD$-5M-113%Mar 2026
Draganfly Inc. DPRO$-6M-231%Mar 2026
Velo3D, Inc. VELO$-7M-118%Mar 2026
Quantum Corporation QMCO$-10MMar 2026
D-Wave Quantum Inc. QBTS$-18MMar 2026
Stratasys Ltd. SSYS$-24M-347%Mar 2026
AMC Robotics Corporation AMCI$-25M-2,600%Dec 2025
Nano Dimension Ltd. NNDM$-70M-259%Mar 2026
Canaan Inc. CAN$-89M-1,433%Mar 2026
Bgin Blockchain Limited BGIN$-117M-4,000%Dec 2025
Full 20-quarter history · every available company

Net profit · reported quarter history

Showing the 12 largest of 28 companies with a series here. The remaining 16 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Arista Networks, Inc. · ANET

$224M
$239M
$272M
$299M
$354M
$427M
$436M
$492M
$545M
$614M
$638M
$665M
$748M
$801M
$814M
$889M
$853M
$956M
$1.0B

D-Wave Quantum Inc. · QBTS

$-4M
$-12M
$-12M
$-12M
$-12M
$-18M
$-24M
$-26M
$-16M
$-17M
$-17M
$-18M
$-23M
$-89M
$-5M
$-167M
$-140M
$-50M
$-18M

Dell Technologies Inc. · DELL

$880M
$3.9B
$1M
$1.1B
$506M
$241M
$606M
$578M
$455M
$1.0B
$1.2B
$992M
$882M
$1.2B
$1.5B
$965M
$1.2B
$1.5B
$2.3B
$3.4B

Everpure, Inc. · P

$-45M
$-29M
$15M
$-12M
$11M
$-1M
$74M
$-67M
$-7M
$70M
$65M
$-35M
$36M
$64M
$42M
$-14M
$47M
$55M
$100M
$24M

HP Inc. · HPQ

$1.1B
$3.1B
$1.1B
$1.0B
$1.1B
$-23M
$469M
$1.1B
$766M
$974M
$622M
$607M
$640M
$906M
$565M
$406M
$763M
$795M
$545M
$450M

IonQ, Inc. · IONQ

$-15M
$-74M
$-4M
$-2M
$-24M
$-19M
$-27M
$-44M
$-45M
$-42M
$-40M
$-38M
$-52M
$-202M
$-32M
$-178M
$-1.1B
$753M
$805M

Logitech International S.A. · LOGI

$139M
$210M
$108M
$101M
$82M
$140M
$41M
$63M
$137M
$245M
$168M
$142M
$145M
$200M
$144M
$146M
$171M
$251M
$143M

Rigetti Computing, Inc. · RGTI

$-10M
$-14M
$-18M
$-12M
$-19M
$-23M
$-23M
$-17M
$-22M
$-13M
$-21M
$-12M
$-15M
$-153M
$43M
$-40M
$-201M
$-18M
$33M

Sandisk Corporation · SNDK

$-498M
$-582M
$-487M
$-301M
$27M
$120M
$211M
$104M
$-1.9B
$-23M
$112M
$803M
$3.6B

Seagate Technology Holdings plc · STX

$482M
$526M
$346M
$276M
$-33M
$-433M
$-92M
$-184M
$-19M
$25M
$513M
$305M
$336M
$340M
$488M
$549M
$593M
$748M

Super Micro Computer, Inc. · SMCI

$25M
$42M
$77M
$140M
$185M
$178M
$87M
$194M
$157M
$294M
$402M
$298M
$424M
$318M
$109M
$203M
$168M
$401M
$484M

Western Digital Corporation · WDC

$622M
$610M
$25M
$347M
$-451M
$-571M
$-709M
$-685M
$-287M
$-8M
$-246M
$153M
$466M
$772M
$252M
$1.2B
$1.8B
$3.2B

Profit growth · reported quarter history

Showing the 12 largest of 23 companies with a series here. The remaining 11 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Arista Networks, Inc. · ANET

52%
58%
79%
60%
65%
54%
44%
46%
35%
37%
30%
28%
34%
14%
19%
26%

Corsair Gaming, Inc. · CRSR

-286%
-400%
-72%
14%
-63%
767%

Dell Technologies Inc. · DELL

-43%
-94%
-46%
-10%
317%
91%
72%
94%
17%
32%
-2.7%
32%
32%
47%
256%

Everpure, Inc. · P

393%
-164%
-12%
-8.6%
-35%
31%
-14%
138%

HP Inc. · HPQ

1.3%
-101%
-57%
5.4%
-32%
33%
-42%
-16%
-7.0%
-9.2%
-33%
19%
-12%
-3.5%
11%

Logitech International S.A. · LOGI

-46%
-41%
-33%
-62%
-38%
67%
75%
310%
125%
5.8%
-18%
-14%
2.8%
18%
26%
-0.7%

Quantum Computing Inc. · QUBT

-124%

Rigetti Computing, Inc. · RGTI

-23%

Sandisk Corporation · SNDK

-7,259%
-119%
7.7%

Seagate Technology Holdings plc · STX

-43%
-106%
-127%
-167%
1,260%
-4.9%
63%
74%
53%

Super Micro Computer, Inc. · SMCI

259%
640%
324%
13%
39%
-15%
65%
362%
54%
170%
8.2%
-73%
-32%
-60%
26%
344%

Western Digital Corporation · WDC

-44%
-174%
-2,936%
-297%
154%
139%
1,172%
04 · compare level, then change

Capacity Spending & Returns On It

Dell Technologies Inc. has the highest CAPEX among the 29 Computer Hardware companies compared here, at $963 million. HP Inc. is next at $170 million. Rigetti Computing, Inc. has the highest CAPEX intensity at 100%, so level and change sit with different companies. 26 of 29 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Dell Technologies Inc. reports $963 million of CAPEX; Rigetti Computing, Inc. has the highest covered intensity at 100%. Coverage is only 26 of 29 companies and 439 reported observations, so this is partial evidence—not a complete sector rank.

LeaderDell Technologies Inc. · $963 million
Gap466.5% versus #2 · HP Inc.
Persistence8/8 recent comparable periods
Coverage26/29 companies · 439 observations

Investor read: Use the CAPEX rank as a diligence queue. Verify commissioning, utilization, cash conversion and post-investment ROCE before treating spend as value creation.

This conclusion weakens if: CAPEX rises without higher utilization, operating cash flow or incremental returns.

CAPEX is cash spent on property, plant, equipment and other reported capital assets. CAPEX intensity divides that spend by revenue; high intensity is a reinvestment signal, not proof that the reinvestment will earn attractive returns.
CAPEXlargest spenders
1Dell Technologies Inc. DELL$963M
2HP Inc. HPQ$170M
3Seagate Technology Holdings plc STX$161M
4Western Digital Corporation WDC$145M
5Super Micro Computer, Inc. SMCI$80M
CAPEX intensityhighest reinvestment intensity
1Rigetti Computing, Inc. RGTI100%
2Quantum Computing Inc. QUBT50%
3D-Wave Quantum Inc. QBTS33%
4Unusual Machines, Inc. UMAC13%
5IonQ, Inc. IONQ12%
Capital expenditure · company comparison
26/29 level · 26/29 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyCAPEXCAPEX intensityReported
Dell Technologies Inc. DELL$963M2.2%Jun 2026
HP Inc. HPQ$170M1.2%Jun 2026
Seagate Technology Holdings plc STX$161M5.2%Jun 2026
Western Digital Corporation WDC$145M4.3%Jun 2026
Super Micro Computer, Inc. SMCI$80M0.8%Mar 2026
Everpure, Inc. P$68M6.5%Jun 2026
Arista Networks, Inc. ANET$55M2.0%Mar 2026
Sandisk Corporation SNDK$45M0.8%Jun 2026
Logitech International S.A. LOGI$14M1.3%Mar 2026
Cricut, Inc. CRCT$9M5.7%Mar 2026
IonQ, Inc. IONQ$8M12%Mar 2026
Canaan Inc. CAN$8M9.0%Mar 2026
Rigetti Computing, Inc. RGTI$4M100%Mar 2026
Corsair Gaming, Inc. CRSR$4M1.1%Mar 2026
Stratasys Ltd. SSYS$4M3.0%Mar 2026
Quantum Computing Inc. QUBT$2M50%Mar 2026
3D Systems Corporation DDD$2M2.1%Mar 2026
Bgin Blockchain Limited BGIN$2M10%Dec 2025
D-Wave Quantum Inc. QBTS$1M33%Mar 2026
Unusual Machines, Inc. UMAC$1M13%Mar 2026
Quantum Corporation QMCO$1M1.3%Mar 2026
Velo3D, Inc. VELO$1M7.1%Mar 2026
Nano Dimension Ltd. NNDM$0M0.0%Mar 2026
One Stop Systems, Inc. OSS$0M0.0%Mar 2026
AstroNova, Inc. ALOT$0M0.0%Jun 2026
Draganfly Inc. DPRO$0M0.0%Mar 2026
Full 20-quarter history · every available company

CAPEX · reported quarter history

Showing the 12 largest of 26 companies with a series here. The remaining 14 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Arista Networks, Inc. · ANET

$46M
$15M
$9M
$10M
$6M
$12M
$11M
$9M
$3M
$7M
$28M
$24M
$30M
$55M

D-Wave Quantum Inc. · QBTS

$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$1M
$0M
$1M
$0M
$1M
$1M
$2M
$1M

Dell Technologies Inc. · DELL

$632M
$799M
$740M
$690M
$807M
$747M
$759M
$701M
$624M
$704M
$727M
$596M
$682M
$639M
$735M
$568M
$675M
$669M
$721M
$963M

Everpure, Inc. · P

$28M
$26M
$21M
$33M
$25M
$40M
$60M
$51M
$55M
$45M
$44M
$49M
$60M
$62M
$56M
$72M
$62M
$63M
$67M
$68M

HP Inc. · HPQ

$158M
$172M
$273M
$178M
$196M
$144M
$192M
$130M
$137M
$134M
$158M
$119M
$162M
$153M
$302M
$183M
$215M
$197M
$233M
$170M

IonQ, Inc. · IONQ

$2M
$2M
$3M
$4M
$1M
$1M
$1M
$1M
$4M
$7M
$3M
$7M
$4M
$4M
$2M
$1M
$4M
$9M
$8M

Logitech International S.A. · LOGI

$23M
$16M
$25M
$20M
$26M
$24M
$23M
$16M
$18M
$11M
$10M
$15M
$15M
$14M
$13M
$16M
$17M
$15M
$14M

Rigetti Computing, Inc. · RGTI

$0M
$0M
$3M
$8M
$9M
$3M
$5M
$1M
$2M
$2M
$5M
$2M
$2M
$1M
$3M
$6M
$6M
$5M
$4M

Sandisk Corporation · SNDK

$67M
$45M
$50M
$39M
$45M

Seagate Technology Holdings plc · STX

$124M
$117M
$97M
$72M
$79M
$54M
$50M
$70M
$70M
$60M
$54M
$68M
$71M
$43M
$83M
$105M
$116M
$161M

Super Micro Computer, Inc. · SMCI

$11M
$12M
$11M
$11M
$11M
$10M
$8M
$8M
$3M
$15M
$93M
$14M
$44M
$28M
$33M
$23M
$32M
$21M
$80M

Western Digital Corporation · WDC

$326M
$245M
$291M
$280M
$258M
$124M
$119M
$124M
$150M
$97M
$116M
$96M
$116M
$129M
$71M
$73M
$92M
$145M

CAPEX intensity · reported quarter history

Showing the 12 largest of 26 companies with a series here. The remaining 14 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Arista Networks, Inc. · ANET

6.1%
1.7%
0.9%
0.8%
0.4%
0.8%
0.7%
0.6%
0.2%
0.4%
1.4%
1.1%
1.3%
2.0%

D-Wave Quantum Inc. · QBTS

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
50%
0.0%
50%
0.0%
33%
25%
67%
33%

Dell Technologies Inc. · DELL

2.6%
3.0%
2.6%
2.6%
3.1%
3.0%
3.0%
3.4%
2.7%
3.2%
3.3%
2.7%
2.7%
2.6%
3.1%
2.4%
2.3%
2.5%
2.2%
2.2%

Everpure, Inc. · P

5.6%
4.6%
3.0%
5.3%
3.9%
5.9%
7.4%
8.7%
8.0%
5.9%
5.6%
7.1%
7.9%
7.5%
6.4%
9.3%
7.2%
6.5%
6.3%
6.5%

HP Inc. · HPQ

1.0%
1.0%
1.6%
1.1%
1.3%
1.0%
1.4%
1.0%
1.0%
1.0%
1.2%
0.9%
1.2%
1.1%
2.2%
1.4%
1.5%
1.3%
1.6%
1.2%

IonQ, Inc. · IONQ

100%
150%
133%
33%
25%
25%
17%
67%
117%
38%
64%
33%
33%
25%
4.8%
10%
15%
12%

Logitech International S.A. · LOGI

1.8%
1.0%
2.0%
1.7%
2.3%
1.9%
2.4%
1.6%
1.7%
0.9%
1.0%
1.4%
1.3%
1.0%
1.3%
1.4%
1.4%
1.1%
1.3%

Rigetti Computing, Inc. · RGTI

0.0%
0.0%
150%
400%
300%
50%
250%
33%
67%
67%
167%
67%
100%
50%
300%
300%
300%
250%
100%

Sandisk Corporation · SNDK

3.6%
2.4%
2.2%
1.3%
0.8%

Seagate Technology Holdings plc · STX

4.1%
3.8%
3.5%
2.7%
4.2%
2.9%
3.1%
4.8%
4.5%
3.6%
2.9%
3.1%
3.1%
2.0%
3.4%
4.0%
4.1%
5.2%

Super Micro Computer, Inc. · SMCI

1.1%
1.0%
0.8%
0.7%
0.6%
0.6%
0.6%
0.4%
0.1%
0.4%
2.4%
0.3%
0.7%
0.5%
0.7%
0.4%
0.6%
0.2%
0.8%

Western Digital Corporation · WDC

6.6%
4.9%
6.6%
6.2%
8.3%
4.4%
4.5%
4.5%
4.9%
5.5%
5.8%
4.3%
4.8%
5.6%
2.7%
2.6%
3.0%
4.3%
Annual capital allocation · 6-year view
28/29 capacity base · 28/29 OCF · 27/29 CAPEX · 28/29 FCF

Capacity base is net fixed assets plus capital work in progress, straight off the reported balance sheet. It is not cash spent, so it answers a narrower question than CAPEX — but it is reported for companies whose cash-flow CAPEX is not published, which is why it leads here. Missing years remain blank; annual values are never relabelled as quarters.

Full annual capacity base, operating cash flow, CAPEX and free cash flow history

Capacity base · net fixed assets + CWIP · fiscal-year history

Showing the 12 largest of 28 companies with a series here. The remaining 16 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

D-Wave Quantum Inc. · QBTS

$12M
$11M
$11M
$11M
$14M

Everpure, Inc. · P

$307M
$431M
$483M
$608M
$773M

HP Inc. · HPQ

$2.5B
$2.8B
$2.8B
$2.9B
$3.0B

IonQ, Inc. · IONQ

$23M
$30M
$42M
$62M
$143M

Sandisk Corporation · SNDK

$933M
$791M
$619M

Operating cash flow · fiscal-year history

Showing the 12 largest of 28 companies with a series here. The remaining 16 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Arista Networks, Inc. · ANET

$1.0B
$493M
$2.0B
$3.7B
$4.4B

D-Wave Quantum Inc. · QBTS

$-35M
$-45M
$-61M
$-43M
$-72M

Everpure, Inc. · P

$410M
$767M
$678M
$754M
$880M

HP Inc. · HPQ

$6.4B
$4.5B
$3.6B
$3.7B
$3.7B

IonQ, Inc. · IONQ

$-27M
$-45M
$-79M
$-106M
$-283M

Sandisk Corporation · SNDK

$-713M
$-309M
$84M

CAPEX · reported cash flow · fiscal-year history

Showing the 12 largest of 27 companies with a series here. The remaining 15 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Everpure, Inc. · P

$102M
$158M
$195M
$227M
$264M

HP Inc. · HPQ

$582M
$765M
$593M
$592M
$897M

IonQ, Inc. · IONQ

$8M
$9M
$14M
$18M
$16M

Sandisk Corporation · SNDK

$219M
$166M
$204M

Free cash flow · fiscal-year history

Showing the 12 largest of 28 companies with a series here. The remaining 16 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Arista Networks, Inc. · ANET

$951M
$448M
$2.0B
$3.7B
$4.3B

D-Wave Quantum Inc. · QBTS

$-37M
$-46M
$-61M
$-45M
$-76M

Everpure, Inc. · P

$308M
$609M
$483M
$527M
$616M

HP Inc. · HPQ

$5.8B
$3.7B
$3.0B
$3.2B
$2.8B

IonQ, Inc. · IONQ

$-34M
$-54M
$-93M
$-124M
$-300M

Sandisk Corporation · SNDK

$-932M
$-475M
$-120M
05 · compare level, then change

Debt Load & Balance-Sheet Headroom

AMC Robotics Corporation has the lowest Gross debt among the 29 Computer Hardware companies compared here, at $0 million. Arista Networks, Inc. has the lowest Net debt at $12,353 million net cash, so level and change sit with different companies. 26 of 29 companies report a comparable reading, the latest through Dec 2025.

What the numbers say: Arista Networks, Inc. has the clearest covered balance-sheet capacity with $12,353 million net cash and gross debt of $0 million. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.

LeaderAMC Robotics Corporation · $0 million
Gapnull versus #2 · Arista Networks, Inc.
Persistence2/8 recent comparable periods
Coverage26/29 companies · 481 observations

Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.

This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.

Gross debt shows contractual borrowings. Net debt subtracts reported cash; a negative value means net cash. Lower debt can create capacity, but should be read against the scale and capital intensity of the business.
Gross debtlowest gross debt
1AMC Robotics Corporation AMCI · older report$0M
2Arista Networks, Inc. ANET$0M
3Draganfly Inc. DPRO$0M
4Logitech International S.A. LOGI$0M
5Sandisk Corporation SNDK$0M
Net debtlowest net debt
1Arista Networks, Inc. ANET$-12.4B
2Sandisk Corporation SNDK$-3.7B
3IonQ, Inc. IONQ$-2.0B
4Logitech International S.A. LOGI$-1.7B
5Everpure, Inc. P$-1.3B
Debt and balance-sheet capacity · company comparison
26/29 level · 26/29 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyGross debtNet debtReported
Dell Technologies Inc. DELL$31.2B$19.6BJun 2026
HP Inc. HPQ$9.7B$6.0BJun 2026
Super Micro Computer, Inc. SMCI$8.8B$7.5BMar 2026
Seagate Technology Holdings plc STX$3.9B$2.7BJun 2026
Western Digital Corporation WDC$1.6B$-469MJun 2026
Everpure, Inc. P$231M$-1.3BJun 2026
Quantum Corporation QMCO$153M$137MMar 2026
3D Systems Corporation DDD$144M$59MMar 2026
Corsair Gaming, Inc. CRSR$120M$2MMar 2026
Canaan Inc. CAN$57M$14MMar 2026
D-Wave Quantum Inc. QBTS$47M$-541MMar 2026
AstroNova, Inc. ALOT$38M$33MJun 2026
IonQ, Inc. IONQ$30M$-2.0BMar 2026
Nano Dimension Ltd. NNDM$30M$-410MMar 2026
Stratasys Ltd. SSYS$27M$-211MMar 2026
Cricut, Inc. CRCT$11M$-245MMar 2026
Rigetti Computing, Inc. RGTI$7M$-411MMar 2026
Velo3D, Inc. VELO$6M$-11MMar 2026
Quantum Computing Inc. QUBT$4M$-982MMar 2026
Unusual Machines, Inc. UMAC$3M$-281MMar 2026
One Stop Systems, Inc. OSS$1M$-33MMar 2026
Arista Networks, Inc. ANET$0M$-12.4BMar 2026
Sandisk Corporation SNDK$0M$-3.7BJun 2026
Logitech International S.A. LOGI$0M$-1.7BMar 2026
Draganfly Inc. DPRO$0M$-150MMar 2026
AMC Robotics Corporation AMCI$0M$-7MDec 2025
Full 20-quarter history · every available company

Gross debt · reported quarter history

Showing the 12 largest of 26 companies with a series here. The remaining 14 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Arista Networks, Inc. · ANET

$62M
$57M
$57M
$52M
$47M
$0M
$55M
$52M
$48M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M

D-Wave Quantum Inc. · QBTS

$39M
$39M
$42M
$42M
$10M
$42M
$40M
$55M
$70M
$73M
$72M
$72M
$55M
$38M
$38M
$40M
$40M
$43M
$47M

Dell Technologies Inc. · DELL

$43.6B
$48.0B
$27.0B
$27.1B
$26.9B
$27.3B
$29.6B
$28.4B
$27.1B
$26.6B
$26.0B
$25.5B
$24.5B
$25.0B
$24.6B
$28.8B
$28.7B
$31.2B
$31.5B
$31.2B

Everpure, Inc. · P

$912M
$912M
$915M
$702M
$758M
$752M
$751M
$278M
$274M
$267M
$268M
$266M
$281M
$294M
$281M
$271M
$223M
$226M
$216M
$231M

HP Inc. · HPQ

$7.1B
$7.5B
$7.1B
$9.0B
$11.0B
$11.0B
$10.8B
$10.6B
$9.7B
$9.5B
$9.7B
$9.6B
$9.6B
$9.7B
$9.7B
$10.7B
$9.6B
$9.7B
$9.7B
$9.7B

IonQ, Inc. · IONQ

$4M
$4M
$4M
$4M
$4M
$4M
$6M
$6M
$7M
$8M
$16M
$17M
$18M
$18M
$17M
$19M
$29M
$30M
$30M

Logitech International S.A. · LOGI

$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M

Rigetti Computing, Inc. · RGTI

$0M
$25M
$30M
$29M
$30M
$39M
$37M
$36M
$34M
$31M
$27M
$24M
$22M
$9M
$8M
$8M
$8M
$7M
$7M

Sandisk Corporation · SNDK

$950M
$950M
$926M
$919M
$887M
$926M
$823M
$814M
$296M
$553M
$1.9B
$1.8B
$1.4B
$603M
$0M

Seagate Technology Holdings plc · STX

$5.1B
$5.1B
$5.6B
$5.6B
$6.0B
$6.0B
$5.5B
$5.7B
$5.7B
$5.7B
$5.7B
$5.7B
$5.7B
$5.1B
$5.0B
$5.0B
$4.5B
$3.9B

Super Micro Computer, Inc. · SMCI

$279M
$316M
$547M
$597M
$250M
$170M
$187M
$290M
$146M
$376M
$1.9B
$2.2B
$2.3B
$1.9B
$2.5B
$4.8B
$4.8B
$4.9B
$8.8B

Western Digital Corporation · WDC

$8.7B
$8.5B
$7.2B
$7.0B
$7.1B
$7.1B
$7.1B
$7.7B
$8.4B
$7.8B
$7.4B
$7.4B
$7.4B
$7.3B
$4.7B
$4.7B
$4.7B
$1.6B

Net debt · reported quarter history

Showing the 12 largest of 26 companies with a series here. The remaining 14 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Arista Networks, Inc. · ANET

$-3.3B
$-3.4B
$-3.4B
$-2.9B
$-2.9B
$-3.0B
$-3.3B
$-3.7B
$-4.4B
$-5.0B
$-5.5B
$-6.3B
$-7.4B
$-8.3B
$-8.2B
$-8.8B
$-10.1B
$-10.7B
$-12.4B

D-Wave Quantum Inc. · QBTS

$30M
$30M
$32M
$32M
$-4M
$35M
$31M
$47M
$17M
$32M
$45M
$31M
$26M
$-140M
$-266M
$-779M
$-796M
$-841M
$-541M

Dell Technologies Inc. · DELL

$31.9B
$25.6B
$17.5B
$20.5B
$21.4B
$22.4B
$21.0B
$20.8B
$18.8B
$18.3B
$18.6B
$19.7B
$20.0B
$19.8B
$20.9B
$21.1B
$20.5B
$21.7B
$20.0B
$19.6B

Everpure, Inc. · P

$-373M
$-451M
$-498M
$-590M
$-604M
$-713M
$-831M
$-906M
$-955M
$-1.1B
$-1.3B
$-1.5B
$-1.2B
$-1.4B
$-1.2B
$-1.3B
$-1.3B
$-1.3B
$-1.3B
$-1.3B

HP Inc. · HPQ

$3.7B
$3.2B
$3.7B
$4.5B
$5.6B
$7.9B
$9.0B
$8.7B
$8.0B
$6.3B
$7.2B
$7.1B
$6.7B
$6.4B
$6.8B
$8.0B
$6.7B
$6.0B
$6.5B
$6.0B

IonQ, Inc. · IONQ

$-583M
$-518M
$-412M
$-419M
$-402M
$-352M
$-382M
$-370M
$-377M
$-347M
$-359M
$-353M
$-348M
$-322M
$-571M
$-528M
$-1.1B
$-2.4B
$-2.0B

Logitech International S.A. · LOGI

$-1.1B
$-1.4B
$-1.3B
$-1.1B
$-869M
$-1.0B
$-1.1B
$-1.3B
$-1.2B
$-1.4B
$-1.5B
$-1.5B
$-1.4B
$-1.5B
$-1.5B
$-1.5B
$-1.4B
$-1.8B
$-1.7B

Rigetti Computing, Inc. · RGTI

$-1M
$13M
$-177M
$-155M
$-131M
$-104M
$-85M
$-69M
$-76M
$-69M
$-76M
$-76M
$-71M
$-183M
$-201M
$-418M
$-439M
$-437M
$-411M

Sandisk Corporation · SNDK

$615M
$615M
$681M
$627M
$685M
$501M
$446M
$486M
$-26M
$-251M
$440M
$368M
$-91M
$-936M
$-3.7B

Seagate Technology Holdings plc · STX

$3.9B
$4.1B
$4.5B
$5.0B
$5.3B
$5.2B
$4.7B
$4.9B
$4.9B
$4.9B
$4.3B
$4.4B
$4.4B
$4.3B
$4.1B
$3.9B
$3.5B
$2.7B

Super Micro Computer, Inc. · SMCI

$9M
$69M
$300M
$330M
$12M
$-135M
$-176M
$-150M
$-397M
$-350M
$-252M
$504M
$170M
$479M
$-44M
$-412M
$579M
$787M
$7.5B

Western Digital Corporation · WDC

$5.4B
$5.2B
$4.7B
$4.7B
$5.2B
$4.9B
$5.0B
$5.6B
$5.9B
$5.9B
$5.9B
$5.7B
$5.1B
$3.9B
$2.6B
$2.6B
$2.7B
$-469M
06 · compare level, then change

Return On Capital Employed

Sandisk Corporation has the highest ROCE among the 29 Computer Hardware companies compared here, at 30.7%. Seagate Technology Holdings plc is next at 18.5%. Draganfly Inc. has the highest ROCE change at +800.2 percentage points, so level and change sit with different companies. 28 of 29 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Sandisk Corporation leads ROCE at 30.7%, 12.2 percentage points above Seagate Technology Holdings plc. Draganfly Inc. has the strongest latest improvement at +800.2 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderSandisk Corporation · 30.7%
Gap65.9% versus #2 · Seagate Technology Holdings plc
Persistence5/8 recent comparable periods
Coverage28/29 companies · 501 observations

Investor read: Sandisk Corporation sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1Sandisk Corporation SNDK31%
2Seagate Technology Holdings plc STX19%
3Braiin Limited BRAI · older report11%
4Western Digital Corporation WDC11%
5Dell Technologies Inc. DELL9.5%
ROCE changefastest improvers
1Draganfly Inc. DPRO+800.2 pp
2Sandisk Corporation SNDK+30.5 pp
3Unusual Machines, Inc. UMAC+12.3 pp
4Velo3D, Inc. VELO+8.9 pp
5Seagate Technology Holdings plc STX+7.2 pp
Return on capital · company comparison
28/29 level · 28/29 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyROCEROCE changeReported
Sandisk Corporation SNDK31%+30.5 ppJun 2026
Seagate Technology Holdings plc STX19%+7.2 ppJun 2026
Braiin Limited BRAI11%−11.5 ppJun 2025
Western Digital Corporation WDC11%+5.9 ppJun 2026
Dell Technologies Inc. DELL9.5%+6.1 ppJun 2026
Arista Networks, Inc. ANET8.7%+0.2 ppMar 2026
AMC Robotics Corporation AMCI7.2%+5.2 ppDec 2025
Logitech International S.A. LOGI5.5%+1.2 ppMar 2026
Cricut, Inc. CRCT5.2%−0.2 ppMar 2026
Super Micro Computer, Inc. SMCI5.1%+3.3 ppMar 2026
HP Inc. HPQ4.9%−0.4 ppJun 2026
Quantum Corporation QMCO3.4%−10.7 ppMar 2026
Corsair Gaming, Inc. CRSR1.7%+2.0 ppMar 2026
AstroNova, Inc. ALOT1.6%+1.0 ppJun 2026
Everpure, Inc. P0.8%+2.1 ppJun 2026
3D Systems Corporation DDD-1.6%+4.8 ppMar 2026
One Stop Systems, Inc. OSS-1.8%+5.2 ppMar 2026
Quantum Computing Inc. QUBT-2.2%+3.1 ppMar 2026
Stratasys Ltd. SSYS-3.0%−1.6 ppMar 2026
Unusual Machines, Inc. UMAC-4.1%+12.3 ppMar 2026
Rigetti Computing, Inc. RGTI-6.1%+4.9 ppMar 2026
IonQ, Inc. IONQ-7.4%+4.1 ppMar 2026
D-Wave Quantum Inc. QBTS-7.4%−0.9 ppMar 2026
Nano Dimension Ltd. NNDM-9.5%−4.8 ppMar 2026
Velo3D, Inc. VELO-9.9%+8.9 ppMar 2026
Canaan Inc. CAN-16%−4.7 ppMar 2026
Draganfly Inc. DPRO-16%+800.2 ppMar 2026
Bgin Blockchain Limited BGIN-43%−44.7 ppDec 2025
Full 20-quarter history · every available company

ROCE · reported quarter history

Showing the 12 largest of 28 companies with a series here. The remaining 16 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Arista Networks, Inc. · ANET

5.6%
6.2%
6.3%
8.2%
8.8%
9.3%
9.1%
9.6%
9.9%
9.5%
9.0%
8.7%
8.9%
8.3%
8.5%
9.0%
8.2%
8.1%
8.7%

D-Wave Quantum Inc. · QBTS

-36%
-40%
1,784%
2,020%
-78%
-141%
-576%
439%
-79%
-56%
-75%
-379%
-82%
-19%
-6.5%
-6.3%
-6.3%
-6.5%
-7.4%

Dell Technologies Inc. · DELL

1.6%
3.0%
3.0%
2.5%
3.6%
3.2%
2.9%
3.4%
4.4%
4.2%
2.8%
4.3%
5.1%
6.4%
3.4%
5.5%
6.1%
8.7%
9.5%

Everpure, Inc. · P

-0.9%
1.4%
-0.3%
0.8%
0.5%
3.2%
-4.4%
-0.4%
4.0%
2.8%
-2.0%
1.2%
2.6%
1.8%
-1.3%
0.2%
2.1%
3.4%
0.8%

HP Inc. · HPQ

14%
18%
15%
12%
6.8%
7.5%
6.4%
8.0%
8.2%
8.1%
7.6%
8.4%
8.3%
7.2%
5.3%
6.2%
8.1%
6.4%
4.9%

IonQ, Inc. · IONQ

-2.3%
-3.1%
-4.0%
-4.2%
-4.1%
-3.9%
-4.7%
-5.7%
-7.5%
-10%
-9.8%
-9.4%
-11%
-16%
-12%
-18%
-7.3%
-6.7%
-7.4%

Logitech International S.A. · LOGI

8.2%
11%
5.1%
4.5%
5.2%
6.9%
1.5%
3.1%
6.6%
8.9%
5.2%
6.1%
6.7%
9.6%
4.3%
6.4%
7.9%
11%
5.5%

Rigetti Computing, Inc. · RGTI

-2.7%
-29%
-8.7%
-9.2%
-12%
-24%
-11%
-9.0%
-9.9%
-11%
-11%
-11%
-13%
-9.2%
-11%
-5.2%
-5.4%
-4.9%
-6.1%

Sandisk Corporation · SNDK

0.0%
0.0%
-3.9%
-4.7%
-4.3%
-2.2%
0.6%
1.7%
2.5%
1.7%
-17%
0.2%
1.5%
9.0%
31%

Seagate Technology Holdings plc · STX

9.8%
7.2%
6.5%
-2.8%
-5.9%
0.5%
-2.5%
2.5%
3.4%
6.5%
8.5%
10%
9.4%
11%
15%
17%
19%

Super Micro Computer, Inc. · SMCI

2.3%
3.8%
6.4%
11%
14%
12%
5.4%
11%
7.8%
13%
8.2%
5.9%
9.7%
6.3%
1.8%
2.4%
1.8%
4.5%
5.1%

Western Digital Corporation · WDC

3.6%
1.5%
2.7%
-1.5%
-2.3%
-3.2%
-3.1%
-1.0%
0.5%
-0.5%
1.8%
2.8%
4.9%
5.1%
5.7%
5.8%
11%

ROCE change · reported quarter history

Showing the 12 largest of 28 companies with a series here. The remaining 16 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Arista Networks, Inc. · ANET

+3.2 pp
+3.1 pp
+2.8 pp
+1.4 pp
+1.1 pp
+0.2 pp
−0.1 pp
−0.9 pp
−1.0 pp
−1.2 pp
−0.5 pp
+0.3 pp
−0.7 pp
−0.2 pp
+0.2 pp

D-Wave Quantum Inc. · QBTS

−41.7 pp
−100.7 pp
−2,359.9 pp
−1,581.5 pp
−1.2 pp
+84.4 pp
+501.7 pp
−817.2 pp
−3.1 pp
+37.5 pp
+68.2 pp
+372.4 pp
+75.6 pp
+12.1 pp
−0.9 pp

Dell Technologies Inc. · DELL

+2.0 pp
+0.2 pp
−0.1 pp
+0.9 pp
+0.8 pp
+1.0 pp
−0.1 pp
+0.9 pp
+0.7 pp
+2.2 pp
+0.6 pp
+1.2 pp
+1.0 pp
+2.3 pp
+6.1 pp

Everpure, Inc. · P

+1.4 pp
+1.8 pp
−4.1 pp
−1.2 pp
+3.5 pp
−0.4 pp
+2.4 pp
+1.6 pp
−1.4 pp
−1.0 pp
+0.7 pp
−1.0 pp
−0.5 pp
+1.6 pp
+2.1 pp

HP Inc. · HPQ

−7.6 pp
−10.0 pp
−8.2 pp
−4.4 pp
+1.4 pp
+0.6 pp
+1.2 pp
+0.4 pp
+0.1 pp
−0.9 pp
−2.3 pp
−2.2 pp
−0.2 pp
−0.8 pp
−0.4 pp

IonQ, Inc. · IONQ

−1.8 pp
−0.8 pp
−0.7 pp
−1.5 pp
−3.4 pp
−6.1 pp
−5.1 pp
−3.7 pp
−3.1 pp
−5.7 pp
−1.7 pp
−8.9 pp
+3.3 pp
+9.0 pp
+4.1 pp

Logitech International S.A. · LOGI

−3.0 pp
−3.8 pp
−3.6 pp
−1.4 pp
+1.4 pp
+2.0 pp
+3.7 pp
+3.0 pp
+0.1 pp
+0.7 pp
−0.9 pp
+0.3 pp
+1.2 pp
+1.6 pp
+1.2 pp

Rigetti Computing, Inc. · RGTI

−8.9 pp
+4.3 pp
−2.5 pp
+0.2 pp
+1.7 pp
+13.2 pp
0.0 pp
−2.4 pp
−2.6 pp
+1.8 pp
+0.2 pp
+6.2 pp
+7.1 pp
+4.3 pp
+4.9 pp

Sandisk Corporation · SNDK

−4.7 pp
−4.3 pp
+4.5 pp
+6.4 pp
+6.8 pp
+3.9 pp
−17.1 pp
−1.5 pp
−0.2 pp
+25.5 pp
+30.5 pp

Seagate Technology Holdings plc · STX

−12.6 pp
−6.7 pp
−9.0 pp
+5.3 pp
+9.3 pp
+6.0 pp
+11.0 pp
+7.7 pp
+6.0 pp
+4.8 pp
+5.0 pp
+7.6 pp
+7.2 pp

Super Micro Computer, Inc. · SMCI

+11.2 pp
+8.0 pp
−1.0 pp
+0.2 pp
−5.7 pp
+1.5 pp
+2.8 pp
−5.3 pp
+1.9 pp
−7.0 pp
−6.4 pp
−3.5 pp
−7.9 pp
−1.8 pp
+3.3 pp

Western Digital Corporation · WDC

−5.1 pp
−4.7 pp
−5.8 pp
+0.5 pp
+2.8 pp
+2.7 pp
+4.9 pp
+3.8 pp
+4.4 pp
+5.6 pp
+2.9 pp
+0.9 pp
+5.9 pp
07 · compare level, then change

Valuation Against Growth & Quality

Dell Technologies Inc. has the lowest Guarded PEG among the 29 Computer Hardware companies compared here, at 0.36×. HP Inc. is next at 0.5×. Draganfly Inc. has the lowest P/E at 1.25×, so level and change sit with different companies. 6 of 29 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Dell Technologies Inc. has the lowest comparable Guarded PEG at 0.36×, 28% below HP Inc.. Only 6 of 29 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderDell Technologies Inc. · 0.36×
Gap28% versus #2 · HP Inc.
Persistence0/8 recent comparable periods
Coverage6/29 companies · 37 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data sources reconciled. A missing PEG is more honest than a low-base fiction.
Guarded PEGlowest PEG
1Dell Technologies Inc. DELL0.4
2HP Inc. HPQ0.5
3Cricut, Inc. CRCT0.8
4Super Micro Computer, Inc. SMCI1.0
5Logitech International S.A. LOGI1.2
P/Elowest P/E
1Draganfly Inc. DPRO1.3
2Canaan Inc. CAN5.1
33D Systems Corporation DDD7.5
4HP Inc. HPQ7.7
5Cricut, Inc. CRCT10.7
Valuation · company comparison
6/29 level · 17/29 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyGuarded PEGP/EReported
Arista Networks, Inc. ANET1.842.1Mar 2026
Logitech International S.A. LOGI1.219.0Mar 2026
Super Micro Computer, Inc. SMCI1.012.1Mar 2026
Cricut, Inc. CRCT0.810.7Mar 2026
HP Inc. HPQ0.57.7Jun 2026
Dell Technologies Inc. DELL0.416.7Jun 2026
Seagate Technology Holdings plc STX40.7Jun 2026
Sandisk Corporation SNDK24.4Jun 2026
Western Digital Corporation WDC17.7Jun 2026
Everpure, Inc. P105.1Jun 2026
Corsair Gaming, Inc. CRSR69.4Mar 2026
3D Systems Corporation DDD7.5Mar 2026
One Stop Systems, Inc. OSS30.3Mar 2026
Velo3D, Inc. VELO16.2Mar 2026
AstroNova, Inc. ALOT24.3Jun 2026
Canaan Inc. CAN5.1Mar 2026
Draganfly Inc. DPRO1.3Mar 2026
Full 20-quarter history · every available company

Guarded PEG · reported quarter history

Arista Networks, Inc. · ANET

0.7
0.8
1.1
1.2
1.4
1.1
1.3
2.1
2.0
1.8

Cricut, Inc. · CRCT

0.4
0.5
1.5
0.9
2.4
3.2
0.5
0.6
0.8

Dell Technologies Inc. · DELL

0.4
0.5
0.4
0.5
0.8
0.8
0.4

HP Inc. · HPQ

0.9
0.2
0.7
0.5

Logitech International S.A. · LOGI

1.8
0.5
2.8
1.7
1.2

Super Micro Computer, Inc. · SMCI

0.8
1.0

P/E · reported quarter history

Showing the 12 largest of 17 companies with a series here. The remaining 5 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

3D Systems Corporation · DDD

11.2
8.5
8.3
5.3
9.3
7.5

Arista Networks, Inc. · ANET

34.8
54.7
47.6
28.9
30.8
28.4
35.0
30.0
30.7
35.7
40.3
45.4
46.1
49.6
32.8
40.3
55.4
47.7
42.1

Corsair Gaming, Inc. · CRSR

21.6
20.8
42.3
591.3
161.4
470.0
69.4

Cricut, Inc. · CRCT

31.0
34.5
25.7
17.5
33.1
33.1
48.6
55.5
38.7
27.5
16.4
19.3
24.8
19.7
16.6
20.5
16.6
14.1
10.7

Dell Technologies Inc. · DELL

7.0
9.0
6.9
6.7
16.7
13.0
17.2
20.6
19.2
18.8
24.9
18.2
22.2
16.2
14.8
18.6
21.6
13.2
16.7

Everpure, Inc. · P

758.5
130.0
754.7
184.0
222.4
186.6
135.7
134.1
218.7
129.3
133.0
259.7
122.1
105.1

HP Inc. · HPQ

5.7
6.6
6.6
5.8
9.3
11.8
11.5
14.5
8.1
8.4
9.5
12.7
12.6
11.7
9.9
9.1
10.4
7.4
7.7

Logitech International S.A. · LOGI

16.2
18.5
19.5
15.8
15.4
23.9
26.0
29.6
29.1
31.1
23.1
22.0
20.0
19.3
20.4
21.4
24.9
21.0
19.0

Sandisk Corporation · SNDK

24.4

Seagate Technology Holdings plc · STX

12.3
11.0
9.4
18.7
65.4
28.4
16.0
12.3
20.9
32.5
32.5
40.7

Super Micro Computer, Inc. · SMCI

17.5
18.7
11.1
7.6
6.8
7.8
10.0
21.9
25.4
22.3
56.7
42.7
18.1
13.3
18.9
29.2
38.4
21.8
12.1

Western Digital Corporation · WDC

9.1
6.3
6.7
53.5
13.0
8.8
14.2
19.3
19.0
17.7
08 · compare level, then change

Enterprise Value & Book Value

Rigetti Computing, Inc. has the lowest EV/EBITDA among the 29 Computer Hardware companies compared here, at 0.12×. Nano Dimension Ltd. is next at 0.4×. Nano Dimension Ltd. has the lowest P/BV at 0.73×, so level and change sit with different companies. 19 of 29 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Rigetti Computing, Inc. leads ev/ebitda at 0.12×; Nano Dimension Ltd. leads p/bv at 0.73×.

LeaderRigetti Computing, Inc. · 0.12×
Gap70% versus #2 · Nano Dimension Ltd.
Persistence0/8 recent comparable periods
Coverage19/29 companies · 237 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

EV/EBITDA includes debt in enterprise value and is useful across different capital structures. P/BV prices the company against its own book. Both are market multiples on reported figures, not intrinsic-value estimates and not forecasts.
EV/EBITDAlowest EV/EBITDA
1Rigetti Computing, Inc. RGTI0.1
2Nano Dimension Ltd. NNDM0.4
3Canaan Inc. CAN3.2
4Stratasys Ltd. SSYS4.7
5Cricut, Inc. CRCT4.8
P/BVlowest P/BV
1Nano Dimension Ltd. NNDM0.7
2Canaan Inc. CAN0.8
3Stratasys Ltd. SSYS0.8
4Corsair Gaming, Inc. CRSR0.9
5Quantum Computing Inc. QUBT1.0
Enterprise and book valuation · company comparison
19/29 level · 23/29 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyEV/EBITDAP/BVReported
3D Systems Corporation DDD1,594.71.2Mar 2026
One Stop Systems, Inc. OSS775.84.1Mar 2026
Everpure, Inc. P70.316.5Jun 2026
Quantum Corporation QMCO41.0-0.4Mar 2026
Arista Networks, Inc. ANET33.611.5Mar 2026
Seagate Technology Holdings plc STX29.487.8Jun 2026
Western Digital Corporation WDC25.810.5Jun 2026
AstroNova, Inc. ALOT20.01.4Jun 2026
Sandisk Corporation SNDK18.17.5Jun 2026
Logitech International S.A. LOGI13.35.9Mar 2026
Super Micro Computer, Inc. SMCI13.31.8Mar 2026
Dell Technologies Inc. DELL11.4-97.2Jun 2026
Corsair Gaming, Inc. CRSR8.40.9Mar 2026
HP Inc. HPQ6.2-132.4Jun 2026
Cricut, Inc. CRCT4.82.2Mar 2026
Stratasys Ltd. SSYS4.70.8Mar 2026
Canaan Inc. CAN3.20.8Mar 2026
Nano Dimension Ltd. NNDM0.40.7Mar 2026
Rigetti Computing, Inc. RGTI0.18.0Mar 2026
IonQ, Inc. IONQ2.2Mar 2026
D-Wave Quantum Inc. QBTS4.8Mar 2026
Quantum Computing Inc. QUBT1.0Mar 2026
Unusual Machines, Inc. UMAC1.8Mar 2026
Velo3D, Inc. VELO4.8Mar 2026
Bgin Blockchain Limited BGIN5.2Dec 2025
Draganfly Inc. DPRO1.6Mar 2026
Full 20-quarter history · every available company

EV/EBITDA · reported quarter history

Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Arista Networks, Inc. · ANET

25.6
41.9
37.7
21.5
22.8
21.5
26.9
23.5
24.4
29.4
34.2
39.0
39.9
43.6
27.9
34.3
47.0
39.2
33.6

Corsair Gaming, Inc. · CRSR

12.1
11.9
19.7
50.3
135.2
909.1
37.0
26.2
24.9
27.8
47.2
123.1
398.4
95.8
54.7
29.2
11.9
8.4

Cricut, Inc. · CRCT

22.4
22.1
14.8
8.4
15.5
16.4
22.4
26.7
20.1
12.1
6.6
8.2
11.6
8.6
7.0
9.7
9.5
6.5
4.8

Dell Technologies Inc. · DELL

7.1
6.5
6.0
6.1
5.4
5.8
6.3
6.8
8.3
9.1
12.9
10.7
12.8
10.0
9.0
10.8
12.7
8.5
11.4

Everpure, Inc. · P

125.4
72.9
58.6
44.9
48.8
98.2
55.2
68.8
73.2
66.4
66.4
98.5
64.5
81.9
151.5
82.4
70.3

HP Inc. · HPQ

5.9
6.9
7.0
6.6
6.5
7.8
8.8
10.0
7.5
7.9
7.4
8.9
8.6
8.2
7.6
7.3
7.7
6.1
6.2

Logitech International S.A. · LOGI

11.1
11.7
12.2
9.3
8.9
13.7
14.5
15.7
17.7
22.7
18.2
17.9
16.5
14.3
15.0
15.9
19.0
15.6
13.3

Rigetti Computing, Inc. · RGTI

0.1

Sandisk Corporation · SNDK

18.1

Seagate Technology Holdings plc · STX

10.4
9.4
8.1
12.8
35.8
102.3
308.2
52.1
36.3
22.2
14.3
11.8
16.0
23.8
23.2
29.4

Super Micro Computer, Inc. · SMCI

12.5
14.1
9.5
6.2
5.3
5.9
7.5
16.4
19.0
17.2
49.6
38.4
15.9
12.0
15.0
21.7
29.1
16.4
13.3

Western Digital Corporation · WDC

6.2
4.7
4.5
8.1
18.8
54.1
156.1
35.3
14.9
8.8
8.9
15.0
19.0
25.8

P/BV · reported quarter history

Showing the 12 largest of 26 companies with a series here. The remaining 14 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Arista Networks, Inc. · ANET

6.8
11.1
10.3
7.1
7.9
7.6
9.7
8.6
8.8
10.2
11.6
13.1
13.1
14.0
9.6
11.8
15.4
13.3
11.5

D-Wave Quantum Inc. · QBTS

-1.5
-1.5
-1.4
-1.5
-5.5
-2.8
-5.2
-9.9
-5.8
-8.9
-9.9
-12.1
35.8
10.7
7.2
12.8
11.0
4.8

Dell Technologies Inc. · DELL

4.8
-25.3
-14.3
-11.6
-8.1
-9.7
-11.0
-13.9
-18.7
-27.3
-31.5
-24.9
-40.2
-48.7
-21.4
-31.1
-41.2
-30.2
-97.2

Everpure, Inc. · P

10.8
10.2
11.2
11.6
10.9
9.7
7.7
11.9
9.6
10.6
12.4
13.6
11.8
16.9
12.6
13.6
23.3
15.9
16.5

HP Inc. · HPQ

-20.2
-16.7
-20.0
-14.5
-9.0
-7.7
-11.8
-14.5
-24.4
-17.2
-30.0
-25.0
-25.2
-28.6
-18.9
-25.9
-73.7
-23.3
-132.4

IonQ, Inc. · IONQ

3.6
5.5
4.3
1.5
1.8
1.2
2.2
5.2
6.1
5.3
4.4
3.2
4.3
24.2
7.0
10.0
8.8
4.3
2.2

Logitech International S.A. · LOGI

6.5
5.8
5.1
3.6
3.4
4.4
4.1
4.2
5.2
6.7
6.2
6.6
6.5
5.9
5.9
6.1
7.7
6.3
5.9

Rigetti Computing, Inc. · RGTI

-18.9
-6.2
4.4
2.5
1.4
0.6
0.7
1.3
1.7
1.3
2.2
1.6
1.2
34.2
11.0
6.9
26.1
13.4
8.0

Sandisk Corporation · SNDK

0.8
0.8
2.0
4.0
7.5

Seagate Technology Holdings plc · STX

31.6
45.9
133.0
-23.1
-13.6
-10.7
-8.1
-9.9
-10.3
-14.6
-17.7
-17.1
-21.6
-66.5
-858.7
133.8
87.8

Super Micro Computer, Inc. · SMCI

1.7
1.9
1.6
1.5
1.8
2.4
3.2
6.7
6.8
5.2
11.6
8.9
4.2
2.9
3.2
4.6
4.4
2.5
1.8

Western Digital Corporation · WDC

1.2
1.0
0.9
0.6
0.8
0.8
1.1
1.3
1.7
1.8
1.6
1.3
2.7
4.1
7.6
9.0
10.5
09 · let price answer last

Market action

Sandisk Corporation has the strongest one-year price move in Computer Hardware at +2552.1%. AstroNova, Inc. leads on Mansfield relative strength against the S&P 500 at +111.4%. 12 of 26 covered companies are above zero on that measure. Every line covers 314 weekly closes through 2026-07-28.

Every price line is indexed to 100 over the chosen window. Mansfield relative strength compares a price ratio with its own 52-week average; zero separates leadership from lagging.
Price and relative strength

Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.

Before the conclusion · check the blind spots

What can make this comparison misleading?

This Computer Hardware comparison names 5 specific ways its own evidence can mislead, all listed below. 3 of the 29 companies report on an older date than the sector's freshest reporters, so their ranks are marked stale. A high growth rate can still be a low-base artefact.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • 3 companies have older fundamental reporting dates than the sector’s freshest reporters; their ranks carry a stale marker.
10 · the complete set

Which companies are included?

All 29 companies in the canonical Computer Hardware membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. The charts above default to a selective view; this register is the complete set, with each company's own latest reporting date beside it.

AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.

CompanyMarket valuePricePriced toLatest fundamentals
Dell Technologies Inc. DELLAHEAD23/26 WEEKS$253.4B$3922026-07-28Jun 2026
Arista Networks, Inc. ANET18/26 WEEKS$213.7B$1702026-07-28Mar 2026
Seagate Technology Holdings plc STXAHEAD26/26 WEEKS$169.1B$7472026-07-28Jun 2026
Sandisk Corporation SNDKAHEAD26/26 WEEKS$162.3B$1,0962026-07-28Jun 2026
Western Digital Corporation WDCAHEAD26/26 WEEKS$159.8B$4642026-07-28Jun 2026
HP Inc. HPQAHEAD$25.9B$28.32026-07-28Jun 2026
Everpure, Inc. P$24.3B$73.02026-07-28Jun 2026
Super Micro Computer, Inc. SMCIAHEAD$18.4B$28.52026-07-28Mar 2026
Logitech International S.A. LOGIAHEAD$15.4B$1122026-07-28Mar 2026
IonQ, Inc. IONQ$12.6B$33.92026-07-28Mar 2026
D-Wave Quantum Inc. QBTS$6.5B$17.62026-07-28Mar 2026
Rigetti Computing, Inc. RGTI$4.8B$14.52026-07-28Mar 2026
Quantum Computing Inc. QUBT$1.7B$7.72026-07-28Mar 2026
Braiin Limited BRAI$1.2B$5.82026-07-28Jun 2025
Corsair Gaming, Inc. CRSRAHEAD$1.1B$10.72026-07-28Mar 2026
Cricut, Inc. CRCT$985M$4.72026-07-28Mar 2026
Unusual Machines, Inc. UMACAHEAD21/26 WEEKS$952M$19.92026-07-28Mar 2026
Stratasys Ltd. SSYS$690M$8.02026-07-28Mar 2026
Quantum Corporation QMCOAHEAD$444M$11.32026-07-28Mar 2026
3D Systems Corporation DDDAHEAD19/26 WEEKS$412M$2.52026-07-28Mar 2026
Nano Dimension Ltd. NNDM$312M$1.52026-07-28Mar 2026
One Stop Systems, Inc. OSSAHEAD22/26 WEEKS$291M$11.82026-07-28Mar 2026
Velo3D, Inc. VELO$281M$9.42026-07-28Mar 2026
AstroNova, Inc. ALOTAHEAD26/26 WEEKS$223M$28.82026-07-28Jun 2026
Bgin Blockchain Limited BGIN$199M$1.82026-07-28Dec 2025
Canaan Inc. CAN$178M$0.22026-07-28Mar 2026
Draganfly Inc. DPRO$160M$4.42026-07-28Mar 2026
AMC Robotics Corporation AMCI$115M$5.12026-07-28Dec 2025
Virtuix Holdings Inc. VTIX$96M$3.12026-07-10
Evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 29 Computer Hardware companies, normalized to a common $ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-28. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-07-28 · weekly price and relative-strength history
Derived metricsGrowth, changes, CAPEX intensity, net debt, guarded PEG and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Questions investors ask · short, speakable answers

Computer Hardware company comparison FAQs

These 18 answers restate the Computer Hardware comparison above in question form. Every one is computed from the same 29 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-28. Nothing here is estimated, and none of it is a recommendation.

Which Computer Hardware company is the biggest?

Dell Technologies Inc. is the largest, with trailing-twelve-month revenue of $134,002 million, ahead of HP Inc. at $57,417 million. That covers 22 of 29 companies with comparable reporting through Jun 2026.

Which Computer Hardware company is growing fastest?

IonQ, Inc. has the fastest revenue growth at 100% year on year, across 21 of 29 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.

Which Computer Hardware company has the best profit margins?

Sandisk Corporation has the highest operating margin at 69.1%, from 25 of 29 comparable companies. Quantum Computing Inc. shows the biggest recent improvement, at +20689.4 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Computer Hardware company makes the most profit?

Dell Technologies Inc. earns the most, at $8,409 million of trailing-twelve-month net profit, from 23 of 29 comparable companies. Dell Technologies Inc. has the fastest profit growth at 84.8%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Computer Hardware company earns the highest return on capital?

Sandisk Corporation leads on return on capital employed at 30.7%, across 28 of 29 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Computer Hardware stock is the cheapest?

On guarded PEG — where a LOWER number is cheaper — Dell Technologies Inc. screens cheapest at 0.36×. Only 6 of 29 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Which Computer Hardware company has the strongest balance sheet?

AMC Robotics Corporation carries the lowest comparable gross debt at $0 million, from 26 of 29 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.

Which Computer Hardware company is investing most in new capacity?

Dell Technologies Inc. reports the largest capital spending at $963 million, across 26 of 29 companies. Spending consumes cash before it earns anything, so treat the ranking as a diligence queue: check commissioning, utilisation and the return earned on the completed assets before reading spend as value creation.

Is the Computer Hardware sector beating the market?

Computer Hardware has outperformed S&P 500 by 61.7% over the last 52 weeks and 4.2% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 12 of 26 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Computer Hardware stock has the strongest price momentum?

AstroNova, Inc. has the strongest relative strength against S&P 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Computer Hardware company scores highest for research priority?

Dell Technologies Inc. scores 76.3 out of 100 with 86.2% evidence confidence, from 29.5 points on growth and earnings, 12 on capital efficiency, 15.2 on valuation and 19.6 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Computer Hardware companies does this comparison cover, and over what period?

It compares 29 listed companies over up to 20 reported quarters of fundamentals and 6 fiscal years of capital allocation, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Computer Hardware sector?

The 29 Computer Hardware companies on this page carry $1,075,599 million of combined market value. Dell Technologies Inc. is the largest at $253,352 million, about 24% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-28.

What is the Computer Hardware sector's P/E ratio?

The median price-to-earnings ratio across the 29 Computer Hardware companies on this page is 17.7×, measured on the 17 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-07-28.

How is the Computer Hardware sector performing?

12 of the 26 covered Computer Hardware companies are beating S&P 500 on Mansfield relative strength. The sector itself is 61.7% ahead of S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-07-28.

How many Computer Hardware stocks are listed in the US?

This comparison covers 29 listed Computer Hardware companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Jun 2026. Membership is the full industry list — nothing is dropped for having thin data.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

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