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Largest Pure-Play AI Software Public Companies in the US

Benchmark revenue and EBITDA valuation multiples for public comps like
Palantir, Snowflake, IonQ, UiPath and Ncino.

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Palantir	BI & Analytics Software+5	$145	+23%	$347B	$340B	65.9x	124.7x
Snowflake	Data Infrastructure+3	$170	+7%	$58B	$58B	11.8x	79.9x
IonQ	Data Storage+2	$38	+40%	$14B	$13B	81.2x	(57.7x)
UiPath	Pure-Play AI Software+2	$11	-10%	$6B	$4B	2.7x	11.3x
Ncino	Financial Services Software+2	$16	-29%	$2B	$2B	3.4x	14.6x
C3.ai	Pure-Play AI Software+3	$9	-61%	$1B	$548M	2.1x	(2.8x)
Rackspace	Cloud Infrastructure+2	$2	+43%	$474M	$4B	1.4x	13.9x
Airship AI	Artificial Intelligence+2	$3	-28%	$97M	$86M	5.6x	—

Financial data powered by FactSet and Morningstar. Valuation multiples as of last 12 months. For more data, start your free trial here.

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