|
Alphabet
|
United States of America |
Search Engines,
AdTech Software,
Streaming,
Cloud Infrastructure,
AI Conglomerates,
Productivity Software
|
$311
|
$3.70T |
9.2x |
20.9x |
|
Microsoft
|
United States of America |
Productivity Software,
AI Conglomerates,
Cloud Infrastructure,
Gaming - Console & PC,
Search Engines
|
$402
|
$2.95T |
9.7x |
16.3x |
|
Oracle
|
United States of America |
ERP Software,
Data Infrastructure,
Cloud Infrastructure,
Data Centers,
AI Conglomerates
|
$156
|
$554B |
8.8x |
16.1x |
|
Alibaba Group
|
Hong Kong |
Consumer E-commerce,
B2B E-commerce,
Horizontal E-commerce,
Vertical E-commerce,
Consumer Marketplaces,
Cloud Infrastructure
|
HKD 159
|
$374B |
2.6x |
16.9x |
|
Cisco
|
United States of America |
Networking Hardware,
Electronic Equipment,
Cloud Infrastructure
|
$86
|
$352B |
6.0x |
15.4x |
|
Palantir
|
United States of America |
BI & Analytics Software,
Data Infrastructure,
Public Sector & Non-Profit Software,
IT Consulting,
Defense Systems,
Pure-Play AI Software
|
$136
|
$316B |
72.0x |
147.7x |
|
IBM
|
United States of America |
IT Consulting,
Cloud Infrastructure,
Network Management,
Cybersecurity,
Electronic Equipment,
AI Conglomerates
|
$260
|
$293B |
4.4x |
15.9x |
|
SAP
|
Germany |
ERP Software,
Financial Management Software,
Human Capital Management Software,
AI Conglomerates
|
€169
|
$232B |
5.3x |
16.9x |
|
Salesforce
|
United States of America |
Sales & Marketing Automation Software,
ERP Software,
Productivity Software,
Vertical AI Applications
|
$185
|
$174B |
4.2x |
10.2x |
|
Shopify
|
Canada |
E-commerce Software,
Payment Service Providers,
FinTech Infrastructure,
Supply Chain Management Software
|
CAD 150
|
$139B |
11.8x |
69.2x |
|
S&P Global
|
United States of America |
Financial Data & Information,
Financial Services Software
|
$391
|
$129B |
8.4x |
16.5x |
|
AppLovin
|
United States of America |
AdTech Software
|
$367
|
$125B |
21.9x |
28.3x |
|
Intuit
|
United States of America |
Financial Management Software
|
$400
|
$114B |
5.8x |
13.7x |
|
Palo Alto Networks
|
United States of America |
Cybersecurity
|
$165
|
$111B |
11.4x |
35.9x |
|
Adobe
|
United States of America |
Design & Engineering Software,
Content Management Software,
Productivity Software,
Vertical AI Applications
|
$263
|
$108B |
4.5x |
9.1x |
|
Tata Consultancy Services
|
India |
IT Consulting,
Cloud Infrastructure
|
INR 2750
|
$105B |
3.6x |
13.5x |
|
Dell
|
United States of America |
Consumer Electronics,
Data Storage,
Electronic Equipment,
Cloud Infrastructure,
AI Chips & Hardware
|
$124
|
$104B |
0.9x |
8.6x |
|
ServiceNow
|
United States of America |
IT Operations Management,
Cloud Infrastructure,
BI & Analytics Software,
Vertical AI Applications
|
$101
|
$101B |
7.7x |
21.5x |
|
CrowdStrike
|
United States of America |
Cybersecurity,
Vertical AI Applications
|
$416
|
$101B |
21.3x |
79.2x |
|
Synopsys
|
United States of America |
Design & Engineering Software
|
$438
|
$95.2B |
12.7x |
31.8x |
|
Moody's
|
United States of America |
Financial Data & Information,
Financial Services Software,
Vertical AI Applications
|
$415
|
$79.2B |
10.3x |
20.4x |
|
Cadence Design Systems
|
United States of America |
Design & Engineering Software,
Industrial Software
|
$288
|
$78.2B |
14.8x |
31.3x |
|
CoreWeave
|
United States of America |
Cloud Infrastructure,
AI Chips & Hardware
|
$96
|
$66.8B |
13.1x |
21.3x |
|
Cloudflare
|
United States of America |
Cybersecurity,
Cloud Infrastructure
|
$189
|
$66.1B |
30.8x |
137.6x |
|
Snowflake
|
United States of America |
Data Infrastructure,
DevOps,
Pure-Play AI Software
|
$179
|
$60.5B |
13.3x |
100.0x |
|
Fortinet
|
United States of America |
Cybersecurity
|
$84
|
$60.1B |
8.9x |
24.2x |
|
RELX
|
United Kingdom of Great Britain and Northern Ireland |
BI & Analytics Software,
Market Research
|
£20
|
$59.9B |
4.5x |
11.3x |
|
Infosys
|
India |
IT Consulting,
Cloud Infrastructure
|
INR 1386
|
$59.7B |
N/A |
N/A |
|
Strategy
|
United States of America |
BI & Analytics Software,
Productivity Software,
Blockchain & Crypto,
Asset Management
|
$123
|
$53.7B |
113.8x |
-18.6x |
|
IDEXX Laboratories
|
United States of America |
Medical Devices,
Laboratory Services,
Healthcare Software
|
$617
|
$50.0B |
11.7x |
33.4x |
|
Autodesk
|
United States of America |
Design & Engineering Software,
Industrial Software,
Automotive Software,
3D Printing
|
$223
|
$47.8B |
6.8x |
17.2x |
|
Baidu
|
Hong Kong |
Search Engines,
AdTech Software,
Streaming,
Cloud Infrastructure,
AI Conglomerates,
Productivity Software
|
HKD 140
|
$45.3B |
2.5x |
14.1x |
|
Roper Technologies
|
United States of America |
Diversified Industrials,
Network Management,
Electronic Components,
Healthcare Software,
ERP Software,
Transportation & Logistics Software
|
$320
|
$43.1B |
5.4x |
13.7x |
|
IQVIA
|
United States of America |
Contract Research & Manufacturing,
Health Data & Analytics,
Healthcare Software
|
$169
|
$42.4B |
2.6x |
11.2x |
|
HCLTech
|
India |
IT Consulting,
Cloud Infrastructure,
BPO Services,
Business Consulting
|
INR 1476
|
$41.2B |
3.0x |
14.2x |
|
Thomson Reuters
|
Canada |
Market Research,
Financial Data & Information,
Financial Services Software,
BI & Analytics Software
|
CAD 121
|
$41.2B |
5.3x |
13.6x |
|
Datadog
|
United States of America |
IT Operations Management,
Data Infrastructure,
BI & Analytics Software,
Vertical AI Applications
|
$126
|
$41.0B |
12.1x |
49.6x |
|
Constellation Software
|
Canada |
Automotive Software,
Education Software,
Financial Services Software,
Industrial Software,
Professional Services Software,
Public Sector & Non-Profit Software
|
CAD 2324
|
$39.0B |
3.3x |
11.7x |
|
Fidelity Information Services
|
United States of America |
IT Consulting,
Financial Services Software
|
$47
|
$36.8B |
3.5x |
8.5x |
|
Paychex
|
United States of America |
Human Capital Management Software
|
$92
|
$36.7B |
6.0x |
13.0x |
|
Workday
|
United States of America |
Human Capital Management Software,
ERP Software,
Financial Management Software,
Vertical AI Applications
|
$144
|
$34.8B |
3.7x |
11.5x |
|
Fair Isaac
|
United States of America |
Financial Services Software,
BI & Analytics Software
|
$1338
|
$34.8B |
16.6x |
29.4x |
|
DCI Indonesia
|
Indonesia |
IT Consulting,
Data Centers,
Cloud Infrastructure
|
IDR 225100
|
$32.0B |
N/A |
N/A |
|
Corpay
|
United States of America |
Financial Management Software,
B2B Payments
|
$347
|
$31.8B |
7.0x |
13.4x |
|
Amadeus IT Group
|
Spain |
Travel & Hospitality Software,
Online Travel,
B2B Marketplaces
|
€49
|
$27.9B |
3.6x |
9.4x |
|
Verisk Analytics
|
United States of America |
Business Consulting,
Governance, Risk & Compliance Software,
BI & Analytics Software,
Financial Services Software
|
$179
|
$27.7B |
9.0x |
16.2x |
|
MongoDB
|
United States of America |
Data Infrastructure,
Cloud Infrastructure,
DevOps,
Developer Tools,
Pure-Play AI Software
|
$364
|
$27.4B |
11.4x |
61.1x |
|
Dassault Systemes
|
France |
Design & Engineering Software,
Industrial Software,
Transportation & Logistics Software,
Automotive Software
|
€18
|
$26.0B |
3.5x |
9.9x |
|
Zscaler
|
United States of America |
Cybersecurity
|
$171
|
$25.8B |
8.8x |
33.9x |
|
Hithink RoyalFlush Info
|
China |
Financial Services Software,
Financial Data & Information,
Electronic Trading
|
CNY 342
|
$25.6B |
31.0x |
64.7x |
|
SS&C Technologies
|
United States of America |
Financial Services Software,
Professional Services Software
|
$71
|
$24.5B |
3.9x |
10.0x |
|
Fresenius Medical Care
|
Germany |
Medical Devices,
Medical Supplies,
Healthcare Software
|
€40
|
$24.2B |
1.0x |
5.7x |
|
Nebius Group
|
United States of America |
Cloud Infrastructure,
IT Consulting
|
$90
|
$23.8B |
42.8x |
-264.4x |
|
Broadridge
|
United States of America |
Financial Services Software,
Financial Data & Information
|
$170
|
$22.9B |
3.2x |
13.2x |
|
Gen Digital
|
United States of America |
Cybersecurity
|
$25
|
$22.7B |
4.8x |
9.4x |
|
Aristocrat Leisure
|
Australia |
Casinos & Gambling,
Online Betting,
Travel & Hospitality Software
|
AUD 51
|
$22.7B |
5.0x |
12.1x |
|
Atlassian
|
United States of America |
Communication & Collaboration Software,
Developer Tools,
Productivity Software
|
$86
|
$22.5B |
3.9x |
15.1x |
|
Wolters Kluwer
|
Netherlands |
Market Research,
Financial Data & Information,
Publishing,
BI & Analytics Software
|
€62
|
$21.8B |
3.0x |
8.8x |
|
Veeva
|
United States of America |
Healthcare Software
|
$172
|
$21.7B |
6.9x |
15.3x |
|
CDW
|
United States of America |
IT Consulting,
Cloud Infrastructure
|
$127
|
$21.7B |
1.0x |
10.4x |
|
Wipro
|
India |
IT Consulting,
Cloud Infrastructure,
BPO Services
|
INR 219
|
$21.1B |
2.1x |
10.6x |
|
VeriSign
|
United States of America |
IT Operations Management,
Cloud Infrastructure,
Network Management
|
$216
|
$21.0B |
12.7x |
17.0x |
|
NetApp
|
United States of America |
Data Storage,
Data Centers,
Cloud Infrastructure
|
$106
|
$20.7B |
3.1x |
9.5x |
|
Kingsoft Office Software
|
China |
Productivity Software
|
CNY 313
|
$20.6B |
23.8x |
74.7x |
|
CyberArk Software
|
United States of America |
Cybersecurity
|
$409
|
$20.3B |
15.2x |
54.9x |
|
iFlytek
|
China |
Vertical AI Applications,
Communication & Collaboration Software
|
CNY 58
|
$20.1B |
5.1x |
45.6x |
|
PTC
|
United States of America |
Design & Engineering Software,
IoT,
Industrial Software
|
$156
|
$19.7B |
7.2x |
14.5x |
|
Zoom
|
United States of America |
Communication & Collaboration Software,
Video & Streaming Software,
Vertical AI Applications
|
$92
|
$19.4B |
4.0x |
9.3x |
|
Snap-on
|
United States of America |
Machinery,
Industrial Software,
Industrial Parts,
Building Products
|
$379
|
$19.3B |
4.1x |
13.6x |
|
Akamai Technologies
|
United States of America |
Cloud Infrastructure
|
$105
|
$19.2B |
4.6x |
10.7x |
|
CGI
|
Canada |
IT Consulting,
Cloud Infrastructure
|
CAD 102
|
$18.7B |
1.6x |
7.8x |
|
CoStar Group
|
United States of America |
Real Estate Software,
Vertical Marketplaces,
Consumer Marketplaces,
Real Estate Services
|
$45
|
$18.3B |
5.7x |
43.6x |
|
Nextpower
|
United States of America |
Solar,
Energy & Utilities Software
|
$121
|
$17.5B |
5.3x |
22.0x |
|
Check Point Software
|
United States of America |
Cybersecurity
|
$176
|
$17.5B |
6.4x |
15.3x |
|
Twilio
|
United States of America |
Communication & Collaboration Software
|
$110
|
$15.4B |
3.1x |
14.8x |
|
CACI International
|
United States of America |
IT Consulting,
Cybersecurity
|
$561
|
$15.4B |
1.7x |
15.0x |
|
F5
|
United States of America |
Cybersecurity,
Network Management
|
$283
|
$15.0B |
4.9x |
13.2x |
|
GoDaddy
|
United States of America |
Cloud Infrastructure,
E-commerce Software
|
$88
|
$14.9B |
3.0x |
9.5x |
|
GDS Holdings
|
Hong Kong |
IT Consulting,
Data Centers,
Cloud Infrastructure
|
HKD 46
|
$14.4B |
9.0x |
19.5x |
|
Tyler Technologies
|
United States of America |
Public Sector & Non-Profit Software,
Education Software,
ERP Software
|
$339
|
$14.3B |
6.1x |
21.6x |
|
Toast
|
United States of America |
POS & Retail Management Software,
Payments POS
|
$26
|
$13.5B |
2.2x |
21.8x |
|
SenseTime Group
|
Hong Kong |
Vertical AI Applications,
BI & Analytics Software
|
HKD 3
|
$13.2B |
19.2x |
-34.3x |
|
Okta
|
United States of America |
Cybersecurity
|
$85
|
$13.0B |
4.5x |
16.9x |
|
Computershare
|
Australia |
Financial Services Software
|
AUD 30
|
$12.9B |
3.8x |
9.7x |
|
Sage
|
United Kingdom of Great Britain and Northern Ireland |
Financial Management Software,
ERP Software
|
£8
|
$12.0B |
3.4x |
13.0x |
|
theTradeDesk
|
United States of America |
AdTech Software
|
$26
|
$11.6B |
4.0x |
9.9x |
|
Bentley Systems
|
United States of America |
Design & Engineering Software,
Real Estate Software,
Industrial Software
|
$34
|
$11.5B |
7.7x |
21.8x |
|
Open Text
|
Canada |
IT Operations Management,
Productivity Software,
DevOps,
Pure-Play AI Software
|
CAD 32
|
$11.3B |
2.1x |
6.1x |
|
WiseTech Global
|
Australia |
Transportation & Logistics Software,
Navigation & Mapping
|
AUD 48
|
$11.3B |
9.6x |
21.7x |
|
Indra Sistemas
|
Spain |
IT Consulting,
Defense Systems,
Travel & Hospitality Software
|
€51
|
$10.9B |
1.7x |
14.9x |
|
Applied Digital
|
United States of America |
IT Consulting,
Data Centers,
Cloud Infrastructure
|
$36
|
$10.8B |
45.7x |
225.0x |
|
Guidewire
|
United States of America |
Financial Services Software
|
$130
|
$10.8B |
8.3x |
41.6x |
|
Nutanix
|
United States of America |
Cloud Infrastructure,
Data Infrastructure
|
$41
|
$10.5B |
4.0x |
16.5x |
|
Qihoo 360
|
China |
Cybersecurity
|
CNY 13
|
$10.2B |
8.6x |
-212.1x |
|
Rubrik
|
United States of America |
Cybersecurity
|
$53
|
$10.2B |
8.2x |
-291.4x |
|
Confluent
|
United States of America |
Data Infrastructure,
Cloud Infrastructure,
DevOps
|
$31
|
$9.9B |
8.6x |
90.6x |
|
Dynatrace
|
United States of America |
IT Operations Management,
BI & Analytics Software,
Data Infrastructure
|
$37
|
$9.8B |
5.1x |
16.8x |
|
HubSpot
|
United States of America |
Sales & Marketing Automation Software
|
$209
|
$9.8B |
3.1x |
13.9x |
|
Tempus AI
|
United States of America |
Health Data & Analytics,
Vertical AI Applications
|
$51
|
$9.6B |
7.6x |
11338.4x |
|
Nemetschek
|
Germany |
Design & Engineering Software
|
€68
|
$9.5B |
6.8x |
21.5x |