|
Microsoft
|
United States of America |
Productivity Software,
AI Conglomerates,
Cloud Infrastructure,
Gaming - Console & PC,
Search Engines
|
$509
|
$3.74T |
12.5x |
21.2x |
|
Alphabet
|
United States of America |
Search Engines,
AdTech Software,
Streaming,
Cloud Infrastructure,
AI Conglomerates,
Productivity Software
|
$292
|
$3.45T |
8.8x |
19.9x |
|
Oracle
|
United States of America |
ERP Software,
Data Infrastructure,
Cloud Infrastructure,
Data Centers,
AI Conglomerates
|
$241
|
$781B |
12.6x |
23.2x |
|
Palantir
|
United States of America |
BI & Analytics Software,
Data Infrastructure,
Public Sector & Non-Profit Software,
IT Consulting,
Defense Systems,
Pure-Play AI Software
|
$191
|
$449B |
108.8x |
223.4x |
|
Alibaba Group
|
Hong Kong |
Consumer E-commerce,
B2B E-commerce,
Horizontal E-commerce,
Vertical E-commerce,
Consumer Marketplaces,
Cloud Infrastructure
|
HKD 160
|
$368B |
2.6x |
15.5x |
|
IBM
|
United States of America |
IT Consulting,
Cloud Infrastructure,
Network Management,
Cybersecurity,
Electronic Equipment,
AI Conglomerates
|
$314
|
$345B |
5.2x |
19.1x |
|
Cisco
|
United States of America |
Networking Hardware,
Electronic Equipment,
Cloud Infrastructure
|
$72
|
$295B |
5.1x |
13.2x |
|
SAP
|
Germany |
ERP Software,
Financial Management Software,
Human Capital Management Software,
AI Conglomerates
|
€216
|
$290B |
6.9x |
22.6x |
|
Salesforce
|
United States of America |
Sales & Marketing Automation Software,
ERP Software,
Productivity Software,
Vertical AI Applications
|
$245
|
$229B |
5.6x |
13.8x |
|
AppLovin
|
United States of America |
AdTech Software
|
$595
|
$203B |
36.6x |
48.6x |
|
Shopify
|
Canada |
E-commerce Software,
Payment Service Providers,
FinTech Infrastructure,
Supply Chain Management Software
|
CAD 223
|
$201B |
18.1x |
107.6x |
|
Intuit
|
United States of America |
Financial Management Software
|
$654
|
$185B |
9.5x |
22.5x |
|
ServiceNow
|
United States of America |
IT Operations Management,
Cloud Infrastructure,
BI & Analytics Software,
Vertical AI Applications
|
$861
|
$176B |
13.6x |
38.5x |
|
S&P Global
|
United States of America |
Financial Data & Information,
Financial Services Software
|
$498
|
$161B |
10.6x |
21.0x |
|
Palo Alto Networks
|
United States of America |
Cybersecurity
|
$218
|
$147B |
15.3x |
48.5x |
|
Adobe
|
United States of America |
Design & Engineering Software,
Content Management Software,
Productivity Software,
Vertical AI Applications
|
$333
|
$140B |
5.9x |
12.1x |
|
CrowdStrike
|
United States of America |
Cybersecurity,
Vertical AI Applications
|
$557
|
$136B |
29.5x |
111.0x |
|
Tata Consultancy Services
|
India |
IT Consulting,
Cloud Infrastructure
|
INR 3047
|
$119B |
4.1x |
15.2x |
|
Dell
|
United States of America |
Consumer Electronics,
Data Storage,
Electronic Equipment,
Cloud Infrastructure,
AI Chips & Hardware
|
$139
|
$114B |
1.1x |
9.7x |
|
Moody's
|
United States of America |
Financial Data & Information,
Financial Services Software,
Vertical AI Applications
|
$493
|
$93.1B |
12.3x |
24.4x |
|
Snowflake
|
United States of America |
Data Infrastructure,
DevOps,
Pure-Play AI Software
|
$271
|
$91.0B |
20.7x |
161.3x |
|
Synopsys
|
United States of America |
Design & Engineering Software
|
$401
|
$87.0B |
12.2x |
31.8x |
|
Cadence Design Systems
|
United States of America |
Design & Engineering Software,
Industrial Software
|
$319
|
$86.4B |
16.6x |
35.4x |
|
RELX
|
United Kingdom of Great Britain and Northern Ireland |
BI & Analytics Software,
Market Research
|
£32
|
$85.8B |
6.7x |
16.9x |
|
Cloudflare
|
United States of America |
Cybersecurity,
Cloud Infrastructure
|
$235
|
$81.8B |
39.3x |
178.3x |
|
Strategy
|
United States of America |
BI & Analytics Software,
Productivity Software,
Blockchain & Crypto,
Asset Management
|
$231
|
$80.4B |
172.2x |
2169.4x |
|
Infosys
|
India |
IT Consulting,
Cloud Infrastructure
|
INR 1530
|
$67.5B |
N/A |
N/A |
|
Datadog
|
United States of America |
IT Operations Management,
Data Infrastructure,
BI & Analytics Software,
Vertical AI Applications
|
$198
|
$66.5B |
20.2x |
82.1x |
|
Autodesk
|
United States of America |
Design & Engineering Software,
Industrial Software,
Automotive Software,
3D Printing
|
$302
|
$64.8B |
9.4x |
24.3x |
|
Thomson Reuters
|
Canada |
Market Research,
Financial Data & Information,
Financial Services Software,
BI & Analytics Software
|
CAD 192
|
$62.6B |
8.4x |
21.4x |
|
CoreWeave
|
United States of America |
Cloud Infrastructure,
AI Chips & Hardware
|
$88
|
$60.6B |
12.7x |
20.3x |
|
Fortinet
|
United States of America |
Cybersecurity
|
$84
|
$60.1B |
9.0x |
24.7x |
|
IDEXX Laboratories
|
United States of America |
Medical Devices,
Laboratory Services,
Healthcare Software
|
$712
|
$57.8B |
13.7x |
39.4x |
|
Roper Technologies
|
United States of America |
Diversified Industrials,
Network Management,
Electronic Components,
Healthcare Software,
ERP Software,
Transportation & Logistics Software
|
$443
|
$56.8B |
7.3x |
18.3x |
|
Workday
|
United States of America |
Human Capital Management Software,
ERP Software,
Financial Management Software,
Vertical AI Applications
|
$228
|
$56.5B |
6.1x |
19.2x |
|
Constellation Software
|
Canada |
Automotive Software,
Education Software,
Financial Services Software,
Industrial Software,
Professional Services Software,
Public Sector & Non-Profit Software
|
CAD 3305
|
$52.5B |
4.6x |
16.3x |
|
Zscaler
|
United States of America |
Cybersecurity
|
$331
|
$50.7B |
17.8x |
69.0x |
|
IQVIA
|
United States of America |
Contract Research & Manufacturing,
Health Data & Analytics,
Healthcare Software
|
$219
|
$50.4B |
3.1x |
13.4x |
|
Fidelity Information Services
|
United States of America |
IT Consulting,
Financial Services Software
|
$66
|
$46.9B |
4.5x |
10.9x |
|
Fair Isaac
|
United States of America |
Financial Services Software,
BI & Analytics Software
|
$1798
|
$45.6B |
22.3x |
39.7x |
|
HCLTech
|
India |
IT Consulting,
Cloud Infrastructure,
BPO Services,
Business Consulting
|
INR 1570
|
$45.1B |
3.2x |
15.2x |
|
Paychex
|
United States of America |
Human Capital Management Software
|
$112
|
$43.5B |
7.2x |
15.5x |
|
Veeva
|
United States of America |
Healthcare Software
|
$299
|
$42.7B |
14.0x |
31.5x |
|
Baidu
|
Hong Kong |
Search Engines,
AdTech Software,
Streaming,
Cloud Infrastructure,
AI Conglomerates,
Productivity Software
|
HKD 129
|
$41.0B |
2.3x |
12.2x |
|
Atlassian
|
United States of America |
Communication & Collaboration Software,
Developer Tools,
Productivity Software
|
$158
|
$39.9B |
7.1x |
27.6x |
|
DCI Indonesia
|
Indonesia |
IT Consulting,
Data Centers,
Cloud Infrastructure
|
IDR 262000
|
$37.4B |
N/A |
N/A |
|
Amadeus IT Group
|
Spain |
Travel & Hospitality Software,
Online Travel,
B2B Marketplaces
|
€67
|
$35.5B |
4.7x |
12.5x |
|
Dassault Systemes
|
France |
Design & Engineering Software,
Industrial Software,
Transportation & Logistics Software,
Automotive Software
|
€24
|
$34.4B |
4.7x |
13.5x |
|
Verisk Analytics
|
United States of America |
Business Consulting,
Governance, Risk & Compliance Software,
BI & Analytics Software,
Financial Services Software
|
$215
|
$32.8B |
10.8x |
19.4x |
|
Wolters Kluwer
|
Netherlands |
Market Research,
Financial Data & Information,
Publishing,
BI & Analytics Software
|
€94
|
$29.6B |
4.2x |
12.3x |
|
Broadridge
|
United States of America |
Financial Services Software,
Financial Data & Information
|
$223
|
$29.2B |
4.2x |
16.9x |
|
CoStar Group
|
United States of America |
Real Estate Software,
Vertical Marketplaces,
Consumer Marketplaces,
Real Estate Services
|
$68
|
$28.2B |
8.9x |
71.1x |
|
MongoDB
|
United States of America |
Data Infrastructure,
Cloud Infrastructure,
DevOps,
Developer Tools,
Pure-Play AI Software
|
$374
|
$28.1B |
12.3x |
83.5x |
|
SS&C Technologies
|
United States of America |
Financial Services Software,
Professional Services Software
|
$85
|
$27.2B |
4.4x |
11.1x |
|
Corpay
|
United States of America |
Financial Management Software,
B2B Payments
|
$291
|
$26.5B |
6.0x |
11.4x |
|
Aristocrat Leisure
|
Australia |
Casinos & Gambling,
Online Betting,
Travel & Hospitality Software
|
AUD 64
|
$26.2B |
6.4x |
15.4x |
|
CyberArk Software
|
United States of America |
Cybersecurity
|
$512
|
$25.6B |
19.8x |
76.2x |
|
Nebius Group
|
United States of America |
Cloud Infrastructure,
IT Consulting
|
$102
|
$25.2B |
49.1x |
-317.0x |
|
Hithink RoyalFlush Info
|
China |
Financial Services Software,
Financial Data & Information,
Electronic Trading
|
CNY 347
|
$25.2B |
32.9x |
68.6x |
|
Gen Digital
|
United States of America |
Cybersecurity
|
$27
|
$24.7B |
5.4x |
10.3x |
|
Wipro
|
India |
IT Consulting,
Cloud Infrastructure,
BPO Services
|
INR 242
|
$24.6B |
2.4x |
12.1x |
|
VeriSign
|
United States of America |
IT Operations Management,
Cloud Infrastructure,
Network Management
|
$249
|
$24.2B |
14.8x |
19.7x |
|
Fresenius Medical Care
|
Germany |
Medical Devices,
Medical Supplies,
Healthcare Software
|
€42
|
$24.1B |
1.1x |
5.8x |
|
CDW
|
United States of America |
IT Consulting,
Cloud Infrastructure
|
$143
|
$24.0B |
1.1x |
11.4x |
|
PTC
|
United States of America |
Design & Engineering Software,
IoT,
Industrial Software
|
$178
|
$22.5B |
8.2x |
16.8x |
|
NetApp
|
United States of America |
Data Storage,
Data Centers,
Cloud Infrastructure
|
$110
|
$21.5B |
3.2x |
10.1x |
|
CGI
|
Canada |
IT Consulting,
Cloud Infrastructure
|
CAD 120
|
$21.2B |
1.9x |
9.2x |
|
GoDaddy
|
United States of America |
Cloud Infrastructure,
E-commerce Software
|
$132
|
$20.7B |
4.2x |
13.4x |
|
Toast
|
United States of America |
POS & Retail Management Software,
Payments POS
|
$38
|
$20.6B |
3.4x |
35.2x |
|
Kingsoft Office Software
|
China |
Productivity Software
|
CNY 322
|
$20.6B |
25.0x |
81.9x |
|
Check Point Software
|
United States of America |
Cybersecurity
|
$204
|
$20.5B |
7.6x |
18.0x |
|
theTradeDesk
|
United States of America |
AdTech Software
|
$44
|
$20.3B |
7.2x |
17.7x |
|
Tyler Technologies
|
United States of America |
Public Sector & Non-Profit Software,
Education Software,
ERP Software
|
$470
|
$19.9B |
8.6x |
30.6x |
|
Nutanix
|
United States of America |
Cloud Infrastructure,
Data Infrastructure
|
$72
|
$19.1B |
7.2x |
29.9x |
|
HubSpot
|
United States of America |
Sales & Marketing Automation Software
|
$386
|
$19.0B |
6.2x |
28.0x |
|
Twilio
|
United States of America |
Communication & Collaboration Software
|
$131
|
$18.4B |
3.7x |
18.4x |
|
Guidewire
|
United States of America |
Financial Services Software
|
$220
|
$18.2B |
14.5x |
72.1x |
|
Unity
|
United States of America |
Design & Engineering Software,
VR & AR,
Video & Streaming Software
|
$41
|
$18.1B |
9.9x |
45.9x |
|
Zoom
|
United States of America |
Communication & Collaboration Software,
Video & Streaming Software,
Vertical AI Applications
|
$85
|
$17.6B |
3.7x |
8.7x |
|
Snap-on
|
United States of America |
Machinery,
Industrial Software,
Industrial Parts,
Building Products
|
$343
|
$17.6B |
3.7x |
12.5x |
|
iFlytek
|
China |
Vertical AI Applications,
Communication & Collaboration Software
|
CNY 51
|
$17.5B |
4.6x |
41.5x |
|
Pro Medicus
|
Australia |
Healthcare Software,
Medical Imaging & Diagnostics
|
AUD 255
|
$17.2B |
110.3x |
142.0x |
|
Akamai Technologies
|
United States of America |
Cloud Infrastructure
|
$91
|
$17.1B |
4.1x |
9.7x |
|
CACI International
|
United States of America |
IT Consulting,
Cybersecurity
|
$588
|
$16.0B |
1.8x |
15.9x |
|
ICON plc
|
United States of America |
Contract Research & Manufacturing,
Healthcare Software,
Health Data & Analytics
|
$163
|
$15.5B |
1.9x |
9.7x |
|
Nextracker
|
United States of America |
Solar,
Energy & Utilities Software
|
$107
|
$15.4B |
4.7x |
19.3x |
|
WiseTech Global
|
Australia |
Transportation & Logistics Software,
Navigation & Mapping
|
AUD 70
|
$15.2B |
15.0x |
33.3x |
|
Sage
|
United Kingdom of Great Britain and Northern Ireland |
Financial Management Software,
ERP Software
|
£11
|
$15.2B |
4.5x |
17.3x |
|
Xero
|
Australia |
Financial Management Software
|
AUD 143
|
$15.0B |
10.6x |
36.9x |
|
Bentley Systems
|
United States of America |
Design & Engineering Software,
Real Estate Software,
Industrial Software
|
$45
|
$14.8B |
10.0x |
28.5x |
|
Rubrik
|
United States of America |
Cybersecurity
|
$76
|
$14.6B |
12.6x |
-149.7x |
|
Open Text
|
Canada |
IT Operations Management,
Productivity Software,
DevOps,
Pure-Play AI Software
|
CAD 49
|
$14.3B |
2.8x |
8.0x |
|
Computershare
|
Australia |
Financial Services Software
|
AUD 35
|
$13.7B |
4.4x |
11.1x |
|
Tempus AI
|
United States of America |
Health Data & Analytics,
Vertical AI Applications
|
$72
|
$13.3B |
11.2x |
-1050.0x |
|
Okta
|
United States of America |
Cybersecurity
|
$86
|
$13.2B |
4.7x |
17.1x |
|
Docusign
|
United States of America |
Content Management Software,
Governance, Risk & Compliance Software
|
$69
|
$13.1B |
4.2x |
12.8x |
|
Dynatrace
|
United States of America |
IT Operations Management,
BI & Analytics Software,
Data Infrastructure
|
$47
|
$12.9B |
6.9x |
22.5x |
|
OBIC
|
Japan |
ERP Software,
IT Consulting
|
JPY 4936
|
$12.7B |
15.1x |
22.6x |
|
F5
|
United States of America |
Cybersecurity,
Network Management
|
$239
|
$12.6B |
4.1x |
11.1x |
|
Nemetschek
|
Germany |
Design & Engineering Software
|
€93
|
$12.6B |
9.4x |
30.1x |