|
Microsoft
|
United States of America |
Productivity Software,
AI Conglomerates,
Cloud Infrastructure,
Gaming - Console & PC,
Search Engines
|
$526
|
$3.87T |
13.0x |
22.3x |
|
Alphabet
|
United States of America |
Search Engines,
AdTech Software,
Streaming,
Cloud Infrastructure,
AI Conglomerates,
Productivity Software
|
$282
|
$3.34T |
8.6x |
19.3x |
|
Oracle
|
United States of America |
ERP Software,
Data Infrastructure,
Cloud Infrastructure,
Data Centers,
AI Conglomerates
|
$257
|
$827B |
13.5x |
24.7x |
|
Alibaba Group
|
Hong Kong |
Consumer E-commerce,
B2B E-commerce,
Horizontal E-commerce,
Vertical E-commerce,
Consumer Marketplaces,
Cloud Infrastructure
|
HKD 172
|
$397B |
2.8x |
16.3x |
|
IBM
|
United States of America |
IT Consulting,
Cloud Infrastructure,
Network Management,
Cybersecurity,
Electronic Equipment,
AI Conglomerates
|
$310
|
$342B |
5.2x |
19.0x |
|
SAP
|
Germany |
ERP Software,
Financial Management Software,
Human Capital Management Software,
AI Conglomerates
|
€224
|
$304B |
7.1x |
23.7x |
|
Cisco
|
United States of America |
Networking Hardware,
Electronic Equipment,
Cloud Infrastructure
|
$73
|
$299B |
5.2x |
13.4x |
|
Salesforce
|
United States of America |
Sales & Marketing Automation Software,
ERP Software,
Productivity Software,
Vertical AI Applications
|
$257
|
$240B |
5.9x |
14.5x |
|
Shopify
|
Canada |
E-commerce Software,
Payment Service Providers,
FinTech Infrastructure,
Supply Chain Management Software
|
CAD 243
|
$221B |
20.4x |
122.0x |
|
AppLovin
|
United States of America |
AdTech Software
|
$621
|
$212B |
38.9x |
52.2x |
|
ServiceNow
|
United States of America |
IT Operations Management,
Cloud Infrastructure,
BI & Analytics Software,
Vertical AI Applications
|
$935
|
$192B |
14.9x |
43.6x |
|
Intuit
|
United States of America |
Financial Management Software
|
$656
|
$185B |
9.5x |
22.7x |
|
Palo Alto Networks
|
United States of America |
Cybersecurity
|
$218
|
$145B |
15.2x |
48.2x |
|
Adobe
|
United States of America |
Design & Engineering Software,
Content Management Software,
Productivity Software,
Vertical AI Applications
|
$339
|
$143B |
6.1x |
12.3x |
|
CrowdStrike
|
United States of America |
Cybersecurity,
Vertical AI Applications
|
$539
|
$131B |
28.6x |
108.1x |
|
Dell
|
United States of America |
Consumer Electronics,
Data Storage,
Electronic Equipment,
Cloud Infrastructure,
AI Chips & Hardware
|
$161
|
$128B |
1.2x |
11.0x |
|
Tata Consultancy Services
|
India |
IT Consulting,
Cloud Infrastructure
|
INR 3035
|
$120B |
4.0x |
15.2x |
|
Synopsys
|
United States of America |
Design & Engineering Software
|
$443
|
$94.8B |
13.5x |
35.1x |
|
RELX
|
United Kingdom of Great Britain and Northern Ireland |
BI & Analytics Software,
Market Research
|
£34
|
$92.8B |
7.1x |
17.9x |
|
Snowflake
|
United States of America |
Data Infrastructure,
DevOps,
Pure-Play AI Software
|
$271
|
$91.0B |
20.9x |
163.1x |
|
Strategy
|
United States of America |
BI & Analytics Software,
Productivity Software,
Blockchain & Crypto,
Asset Management
|
$255
|
$84.1B |
183.2x |
3141.1x |
|
CoreWeave
|
United States of America |
Cloud Infrastructure,
AI Chips & Hardware
|
$131
|
$78.3B |
16.6x |
25.9x |
|
Cloudflare
|
United States of America |
Cybersecurity,
Cloud Infrastructure
|
$222
|
$77.0B |
37.7x |
177.0x |
|
Infosys
|
India |
IT Consulting,
Cloud Infrastructure
|
INR 1494
|
$66.3B |
N/A |
N/A |
|
Fortinet
|
United States of America |
Cybersecurity
|
$84
|
$61.0B |
9.2x |
26.4x |
|
Workday
|
United States of America |
Human Capital Management Software,
ERP Software,
Financial Management Software,
Vertical AI Applications
|
$233
|
$57.8B |
6.2x |
19.8x |
|
Datadog
|
United States of America |
IT Operations Management,
Data Infrastructure,
BI & Analytics Software,
Vertical AI Applications
|
$157
|
$52.1B |
16.2x |
68.8x |
|
Zscaler
|
United States of America |
Cybersecurity
|
$322
|
$49.2B |
17.4x |
67.6x |
|
Paychex
|
United States of America |
Human Capital Management Software
|
$117
|
$45.5B |
7.6x |
16.4x |
|
HCLTech
|
India |
IT Consulting,
Cloud Infrastructure,
BPO Services,
Business Consulting
|
INR 1550
|
$44.8B |
3.2x |
15.1x |
|
Atlassian
|
United States of America |
Communication & Collaboration Software,
Developer Tools,
Productivity Software
|
$161
|
$40.6B |
7.3x |
29.0x |
|
Baidu
|
Hong Kong |
Search Engines,
AdTech Software,
Streaming,
Cloud Infrastructure,
AI Conglomerates,
Productivity Software
|
HKD 121
|
$38.2B |
2.1x |
11.1x |
|
DCI Indonesia
|
Indonesia |
IT Consulting,
Data Centers,
Cloud Infrastructure
|
IDR 258000
|
$37.1B |
N/A |
N/A |
|
Wolters Kluwer
|
Netherlands |
Market Research,
Financial Data & Information,
Publishing,
BI & Analytics Software
|
€106
|
$33.1B |
4.6x |
13.7x |
|
Nebius Group
|
United States of America |
Cloud Infrastructure,
IT Consulting
|
$124
|
$30.7B |
62.2x |
-358.4x |
|
MongoDB
|
United States of America |
Data Infrastructure,
Cloud Infrastructure,
DevOps,
Developer Tools,
Pure-Play AI Software
|
$348
|
$26.0B |
11.4x |
77.5x |
|
CDW
|
United States of America |
IT Consulting,
Cloud Infrastructure
|
$157
|
$25.8B |
1.2x |
12.3x |
|
CyberArk Software
|
United States of America |
Cybersecurity
|
$516
|
$25.8B |
20.2x |
77.7x |
|
Wipro
|
India |
IT Consulting,
Cloud Infrastructure,
BPO Services
|
INR 242
|
$24.8B |
2.4x |
12.1x |
|
Gen Digital
|
United States of America |
Cybersecurity
|
$26
|
$24.1B |
5.4x |
10.1x |
|
Corpay
|
United States of America |
Financial Management Software,
B2B Payments
|
$255
|
$23.9B |
5.5x |
10.5x |
|
HubSpot
|
United States of America |
Sales & Marketing Automation Software
|
$478
|
$23.8B |
7.9x |
35.8x |
|
VeriSign
|
United States of America |
IT Operations Management,
Cloud Infrastructure,
Network Management
|
$236
|
$23.0B |
14.0x |
18.7x |
|
theTradeDesk
|
United States of America |
AdTech Software
|
$49
|
$22.6B |
8.1x |
20.5x |
|
NetApp
|
United States of America |
Data Storage,
Data Centers,
Cloud Infrastructure
|
$116
|
$22.5B |
3.4x |
10.6x |
|
Kingsoft Office Software
|
China |
Productivity Software
|
CNY 345
|
$22.1B |
27.0x |
88.8x |
|
CGI
|
Canada |
IT Consulting,
Cloud Infrastructure
|
CAD 122
|
$21.6B |
1.9x |
9.4x |
|
GoDaddy
|
United States of America |
Cloud Infrastructure,
E-commerce Software
|
$127
|
$20.3B |
4.2x |
13.3x |
|
Check Point Software
|
United States of America |
Cybersecurity
|
$199
|
$19.9B |
7.4x |
17.5x |
|
iFlytek
|
China |
Vertical AI Applications,
Communication & Collaboration Software
|
CNY 54
|
$18.3B |
4.9x |
43.7x |
|
Nutanix
|
United States of America |
Cloud Infrastructure,
Data Infrastructure
|
$69
|
$18.2B |
6.9x |
28.6x |
|
Zoom
|
United States of America |
Communication & Collaboration Software,
Video & Streaming Software,
Vertical AI Applications
|
$84
|
$17.5B |
3.7x |
8.6x |
|
Sage
|
United Kingdom of Great Britain and Northern Ireland |
Financial Management Software,
ERP Software
|
£11
|
$16.0B |
4.7x |
18.0x |
|
Twilio
|
United States of America |
Communication & Collaboration Software
|
$113
|
$15.9B |
3.3x |
16.4x |
|
Unity
|
United States of America |
Design & Engineering Software,
VR & AR,
Video & Streaming Software
|
$36
|
$15.8B |
8.7x |
39.6x |
|
Tempus AI
|
United States of America |
Health Data & Analytics,
Vertical AI Applications
|
$86
|
$15.5B |
13.3x |
-1142.8x |
|
CACI International
|
United States of America |
IT Consulting,
Cybersecurity
|
$563
|
$15.5B |
1.7x |
15.4x |
|
Xero
|
Australia |
Financial Management Software
|
AUD 146
|
$15.4B |
11.0x |
37.4x |
|
Open Text
|
Canada |
IT Operations Management,
Productivity Software,
DevOps,
Pure-Play AI Software
|
CAD 53
|
$15.1B |
2.9x |
8.5x |
|
Akamai Technologies
|
United States of America |
Cloud Infrastructure
|
$74
|
$14.9B |
3.6x |
8.6x |
|
Nemetschek
|
Germany |
Design & Engineering Software
|
€101
|
$13.9B |
10.4x |
33.3x |
|
F5
|
United States of America |
Cybersecurity,
Network Management
|
$257
|
$13.7B |
4.4x |
12.0x |
|
Docusign
|
United States of America |
Content Management Software,
Governance, Risk & Compliance Software
|
$72
|
$13.7B |
4.4x |
13.4x |
|
Rubrik
|
United States of America |
Cybersecurity
|
$71
|
$13.6B |
11.9x |
-135.1x |
|
Okta
|
United States of America |
Cybersecurity
|
$88
|
$13.6B |
4.8x |
17.8x |
|
Dynatrace
|
United States of America |
IT Operations Management,
BI & Analytics Software,
Data Infrastructure
|
$49
|
$13.4B |
7.2x |
23.7x |
|
OBIC
|
Japan |
ERP Software,
IT Consulting
|
JPY 4724
|
$12.3B |
14.5x |
21.6x |
|
GDS Holdings
|
Hong Kong |
IT Consulting,
Data Centers,
Cloud Infrastructure
|
HKD 36
|
$12.2B |
7.7x |
16.7x |
|
SailPoint
|
United States of America |
Cybersecurity
|
$22
|
$11.7B |
11.7x |
67.8x |
|
Oracle Corp Japan
|
Japan |
ERP Software,
Data Infrastructure,
Cloud Infrastructure,
Data Centers
|
JPY 14210
|
$11.7B |
6.5x |
19.5x |
|
Dayforce
|
United States of America |
Human Capital Management Software
|
$68
|
$11.6B |
6.0x |
19.2x |
|
SenseTime Group
|
Hong Kong |
Vertical AI Applications,
BI & Analytics Software
|
HKD 2
|
$11.3B |
17.1x |
-35.3x |
|
Manhattan Associates
|
United States of America |
Supply Chain Management Software,
Transportation & Logistics Software
|
$180
|
$10.6B |
9.9x |
27.4x |
|
Pegasystems
|
United States of America |
Sales & Marketing Automation Software
|
$64
|
$10.5B |
6.2x |
23.2x |
|
Applied Digital
|
United States of America |
IT Consulting,
Data Centers,
Cloud Infrastructure
|
$34
|
$10.1B |
48.2x |
253.4x |
|
Paycom
|
United States of America |
Human Capital Management Software
|
$185
|
$10.0B |
4.9x |
11.6x |
|
Dropbox
|
United States of America |
Cloud Infrastructure,
Data Storage,
Productivity Software,
Communication & Collaboration Software
|
$29
|
$9.8B |
3.9x |
8.8x |
|
InterDigital
|
United States of America |
Networking Hardware,
Network Management
|
$395
|
$9.8B |
11.7x |
17.9x |
|
Amdocs
|
United States of America |
Communication & Collaboration Software,
Video & Streaming Software,
AdTech Software
|
$84
|
$9.7B |
2.1x |
8.5x |
|
United Internet
|
Germany |
Internet Service Providers,
Telecom Service Providers,
Cloud Infrastructure
|
€28
|
$9.5B |
1.3x |
6.2x |
|
Empyrean Technology
|
China |
Design & Engineering Software,
Semiconductors
|
CNY 122
|
$9.1B |
42.9x |
310.1x |
|
Monday.com
|
United States of America |
Communication & Collaboration Software,
Productivity Software
|
$199
|
$8.7B |
7.4x |
53.4x |
|
ServiceTitan
|
United States of America |
Financial Management Software,
ERP Software,
Transportation & Logistics Software,
Industrial Software,
Travel & Hospitality Software
|
$96
|
$8.6B |
9.6x |
75.3x |
|
Ingram Micro
|
United States of America |
Supply Chain Management Software,
IT Consulting
|
$22
|
$8.5B |
0.2x |
6.5x |
|
Elastic
|
United States of America |
BI & Analytics Software,
DevOps
|
$88
|
$8.5B |
5.3x |
31.2x |
|
Aurora Innovation
|
United States of America |
Autonomous Tech,
Ridesharing,
Autonomous AI & Robotics
|
$5
|
$8.2B |
2666.5x |
-11.5x |
|
Informatica
|
United States of America |
Data Infrastructure,
Cloud Infrastructure
|
$25
|
$8.1B |
4.8x |
14.4x |
|
solutions by stc
|
Saudi Arabia |
IT Consulting,
Network Management
|
SAR 252
|
$7.8B |
2.3x |
14.4x |
|
Qihoo 360
|
China |
Cybersecurity
|
CNY 11
|
$7.5B |
6.5x |
N/A |
|
Yonyou Hong Kong
|
China |
ERP Software
|
CNY 15
|
$7.5B |
5.5x |
219.2x |
|
Paylocity
|
United States of America |
Human Capital Management Software
|
$141
|
$7.5B |
4.6x |
12.6x |
|
Wix.com
|
United States of America |
Content Management Software,
E-commerce Software
|
$135
|
$7.4B |
3.8x |
17.1x |
|
Confluent
|
United States of America |
Data Infrastructure,
Cloud Infrastructure,
DevOps
|
$24
|
$7.3B |
6.5x |
72.7x |
|
Nextdc
|
Australia |
IT Consulting,
Data Centers,
Cloud Infrastructure
|
AUD 16
|
$7.3B |
24.8x |
50.1x |
|
Core Scientific
|
United States of America |
AI Chips & Hardware,
Data Centers,
Blockchain & Crypto
|
$21
|
$7.1B |
16.3x |
72.1x |
|
UiPath
|
United States of America |
Pure-Play AI Software,
Productivity Software
|
$16
|
$7.1B |
4.6x |
20.9x |
|
GitLab
|
United States of America |
DevOps,
Developer Tools
|
$47
|
$6.9B |
7.7x |
53.5x |
|
HopeRun
|
China |
Supply Chain Management Software
|
CNY 60
|
$6.8B |
13.0x |
160.0x |
|
Klaviyo
|
United States of America |
Sales & Marketing Automation Software
|
$25
|
$6.8B |
5.9x |
42.1x |
|
SoundHound
|
United States of America |
Vertical AI Applications,
Sales & Marketing Automation Software,
Communication & Collaboration Software
|
$17
|
$6.7B |
43.6x |
-130.9x |