October 2026
Largest IT Operations Management Public Companies in the US
Benchmark revenue and EBITDA valuation multiples for public comps like
ServiceNow, Datadog, VeriSign, Dynatrace and CommVault Systems.
 | ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service. | $140 | -24% | $145B | $149B | 11.2x | 57.9x | ||
| Datadog is a New York-based software company founded in 2010 by Olivier Pomel and Alexis Lê-Quôc. Its cloud platform combines infrastructure monitoring, application-performance monitoring, log management, digital-experience monitoring and cloud-security products in one environment. Development, operations and security teams use the platform to collect telemetry, investigate incidents, monitor service dependencies and protect cloud applications. Datadog delivers the products as software as a service and generates revenue primarily from subscriptions whose value varies with customers' usage of hosts, data and other monitored resources. The company serves organisations through both self-service adoption and enterprise sales, allowing customers to add modules as their deployments expand. Datadog is publicly traded on Nasdaq under the symbol DDOG. Its 2022 acquisition of Hdiv added runtime vulnerability detection and interactive application-security testing capabilities to the broader cloud-security offering. | $287 | +78% | $103B | $99B | 29.0x | (169134.4x) | ||
| Verisign is an operator of critical infrastructure within the domain name system, or DNS. As the registry for some of the world’s most popular TLDs, .com and .net, Verisign directs DNS resolvers to the appropriate registry where IP addresses are stored. Verisign’s control over its TLDs is regulated by ICANN and the NTIA and are subject to contract renewal every six years. The company generates revenue through annual subscriptions allowing customers to use .com and .net as their TLD of choice for their respective websites. | $303 | +26% | $27B | $29B | 17.3x | 24.9x | ||
| Dynatrace is a software-as-a-service company that enables customers to monitor and analyze their information technology infrastructure, from servers to applications and Python scripts. Dynatrace’s unified platform can ingest and analyze large amounts of machine-generated data in real time, allowing clients to optimize their business for service-level objectives and ensure uptime. | $65 | +29% | $19B | $18B | 8.9x | 64.9x | ||
| CommVault Systems Inc provides cyber resiliency solutions designed to help the enterprise protect, secure, and recover its data, applications, and identity systems in a world of increasing cyber threats and attacks. Its offerings provide cyber resilience, including data protection, cyber recovery, data security, and governance, aiming to enable customers to continue business. The company delivers its solutions through Commvault Cloud, a cloud native platform that unifies data security, cyber recovery and identity resilience across on-premises, hybrid, multi-cloud, and software-as-a-service environments. It sells its offerings through subscription-based arrangements, including SaaS and term-based subscriptions, and also offers perpetual licenses, customer support, and professional services. | $155 | +12% | $6.4B | $6.4B | 5.4x | 76.1x | ||
| Freshworks Inc provides software as a service platform that enables small and medium-sized businesses to support customers through e-mail, phone, website, and social networks. It offers solutions that serve the needs of users in the CS and ITSM categories and has also expanded its offering with Sales and Marketing automation products. These product offerings enable organizations to acquire, engage, and serve their customers and employees. The group derives revenue from North America, Europe, the Middle East and Africa, Asia Pacific, and Other regions. | $14 | +30% | $3.6B | $3B | 3.6x | 73.3x | ||
| PagerDuty Inc is a digital operations management platform that manages urgent and mission-critical work for a modern, digital business. Its PagerDuty Operations Cloud combines artificial intelligence (AI) operations (AIOps), automation, customer service operations, and incident management with a generative AI assistant to create a flexible, resilient, and scalable platform to protect revenue and improve customer experience, improve operational efficiency, and mitigate the risk of operational failures. The company generates revenue predominantly from cloud-hosted software subscription fees and term-license software subscription fees. Geographically, the firm derives a majority of its revenue from the United States and the rest from International markets. | $16 | -1% | $1.3B | $1.2B | 2.5x | 72.9x | ||
| Median | $140 | +26% | $19B | $18B | 8.9x | 64.9x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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