Industry

Software - Application stocks

111 Software - Application companies have a page on Investingly, worth $2.47T together. The largest is SAP SE ADR (SAP) at $281.5B.

The median company trades at 35.3 times earnings, keeps 7.9% of revenue as operating profit and grew revenue 12.7% over the last year.

A2Z Smart Technologies grew revenue fastest (+157%); Fair Isaac has the widest operating margin (52%); 18 of them pay a dividend (median yield 0.9%).

Companies111
Total market cap$2.47T
Median P/E35.3x
Median operating margin7.9%
Median revenue growth+12.7%
Median dividend yield0.9%

Software - Application companies, largest first

#CompanyMarket capP/EP/FCFRevenue growthOperating marginROEDividend yield
1 SAP SE ADRSAP $281.5B33.0x35.5x+7.7%26.1%16.1%—
2 Shopify IncSHOP $234.7B177.3x117.0x+33.7%13.9%15.2%—
3 Salesforce.com IncCRM $196.1B30.7x13.6x+10.8%19.9%25.2%0.79%
4 ServiceNow IncNOW $169.9B98.1x37.1x+24.0%11.4%13.3%—
5 Uber Technologies IncUBER $144.4B17.6x14.8x+12.2%12.1%35.1%—
6 Snowflake Inc.SNOW $142.3B—127.0x+35.1%-22.8%-50.7%—
7 Automatic Data Processing IncADP $111.3B26.0x23.3x+6.8%24.2%73.2%2.4%
8 Datadog IncDDOG $105.7B742.7x105.7x+35.6%0.41%4.1%—
9 Adobe Systems IncorporatedADBE $102.7B14.8x10.4x+12.9%35.7%61.9%—
10 Cadence Design Systems IncCDNS $95.3B80.2x60.1x+18.7%28.2%17.9%—
11 Intuit IncINTU $68.4B16.3x11.2x+13.7%27.4%24.0%2.0%
12 Atlassian Corp PlcTEAM $56.2B—39.7x+27.6%0.16%-5.1%—
13 Workday IncWDAY $51.7B80.0x18.6x+12.8%10.7%19.4%—
14 Autodesk IncADSK $50.9B46.1x21.1x+16.1%26.2%48.5%—
15 MicroStrategy IncorporatedMSTR $50.1B——+6.9%-7295.4%-98.5%—
16 Paychex IncPAYX $39.0B24.1x22.2x+5.9%40.5%48.7%4.3%
17 Roper Technologies IncROP $38.2B23.6x15.3x+8.5%28.0%13.4%0.98%
18 Zoom Video Communications IncZM $27.4B15.0x14.2x+4.9%23.7%28.8%—
19 PTC IncPTC $23.6B19.6x27.5x-6.8%37.8%35.3%—
20 Dynatrace Holdings LLCDT $20.7B129.9x39.2x+16.2%12.2%6.2%—
21 SS&C Technologies Holdings IncSSNC $20.0B25.7x12.0x+10.3%23.6%13.0%1.3%
22 Unity Software IncU $19.9B—49.4x+23.9%-30.4%-19.4%—
23 Fair Isaac CorporationFICO $16.0B21.8x20.7x+25.7%51.6%——
24 Guidewire Software IncGWRE $15.9B84.4x53.7x+15.3%10.2%11.7%—
25 Tyler Technologies IncTYL $14.7B49.3x23.0x+8.2%15.1%10.7%—
26 DocuSign IncDOCU $14.6B50.8x13.8x+9.4%12.0%19.2%—
27 Figma, Inc.FIG $14.3B—58.3x+48.2%-123.8%-106.8%—
28 HubSpot IncHUBS $13.6B140.5x19.2x+19.8%3.8%8.9%—
29 Manhattan Associates IncMANH $13.1B61.9x35.0x+9.3%24.3%133.5%—
30 Jfrog LtdFROG $12.8B—89.7x+28.7%-11.5%-4.6%—
31 Grab Holdings LtdGRAB $12.7B53.2x95.0x+20.5%1.9%4.0%—
32 Chime Financial, Inc. Class A Common StockCHYM $11.7B—354.4x+26.8%-2.1%-1.3%—
33 Paycom Software, Inc.PAYC $11.3B28.1x27.8x+9.8%30.3%85.3%0.71%
34 Elastic NVESTC $11.2B—43.0x+15.1%-2.6%29.0%—
35 Bentley Systems IncBSY $10.9B41.3x21.0x+12.8%23.6%24.1%0.78%
36 Paylocity Holding CorporationPCTY $8.8B35.3x25.8x+12.4%23.4%22.1%—
37 Procore Technologies IncPCOR $8.6B—40.0x+15.8%-4.9%-3.0%—
38 InterDigital IncIDCC $8.4B31.0x15.9x-13.4%43.8%25.1%0.83%
39 Full Truck Alliance Co Ltd ADRYMM $8.2B12.6x1.81x+11.1%33.2%11.0%—
40 ServiceTitan, Inc. Class A Common StockTTAN $7.7B—90.6x+20.9%-13.0%-8.0%—
41 Duolingo IncDUOL $7.6B18.6x20.5x+18.3%13.7%29.1%—
42 Nice Ltd ADRNICE $7.5B12.1x10.7x+7.7%21.9%15.8%—
43 Appfolio IncAPPF $7.4B49.9x31.0x+19.3%17.5%29.9%—
44 Ringcentral IncRNG $7.3B92.7x12.4x+5.9%6.7%——
45 Descartes Systems Group IncDSGX $7.3B44.3x27.3x+12.0%28.8%10.9%—
46 CommVault Systems IncCVLT $6.5B99.0x27.2x+11.4%6.1%131.2%—
47 Clear Secure IncYOU $6.3B37.6x18.3x+26.6%25.1%71.7%—
48 Pegasystems IncPEGA $6.1B19.7x12.4x+9.4%9.9%57.8%0.35%
49 Navan, Inc. Class A Common StockNAVN $6.1B—411.8x+35.4%-25.7%-26.4%—
50 LYFT IncLYFT $5.9B2.28x5.32x+16.1%-1.8%94.8%—
51 Open Text CorpOTEX $5.8B11.7x8.51x+2.9%20.6%16.0%4.7%
52 Klaviyo, Inc.KVYO $5.3B—28.1x+26.4%-1.9%0.70%—
53 Monday.Com LtdMNDY $5.2B39.7x16.7x+26.8%-0.14%9.5%—
54 Alight IncALIT $5.1B—20.3x-3.2%-95.7%-198.1%0.86%
55 Bill Com Holdings IncBILL $4.5B0.00x14.5x+13.8%-4.4%-0.32%—
56 Workiva IncWK $4.4B328.2x32.0x+18.6%3.3%——
57 Dave IncDAVE $4.3B21.7x14.9x+29.6%—107.1%—
58 Fastly, Inc. Class A Common StockFSLY $4.3B—65.2x+23.3%-12.0%-8.2%—
59 CCC Intelligent Solutions Holdings Inc.CCC $4.2B119.8x16.6x+9.8%—2.4%—
60 Freshworks IncFRSH $4.2B24.9x17.1x+16.0%3.4%20.7%—
61 Sportradar Group AGSRAD $3.9B51.3x22.6x+16.6%—10.2%—
62 Q2 HoldingsQTWO $3.9B54.8x19.9x+12.6%10.0%14.3%—
63 Pattern Group Inc. Series A Common StockPTRN $3.8B—48.2x+46.6%1.4%4.1%—
64 Braze IncBRZE $3.7B—59.2x+26.2%-13.4%-18.8%—
65 Life360, Inc. Common StockLIF $3.5B24.6x40.1x+37.8%1.1%24.0%—
66 NCR Atleos CorporationNATL $3.4B17.7x14.1x+0.1%11.4%42.2%—
67 Webull CorpBULL $3.3B—5.96x+46.3%—3.3%—
68 SPS Commerce IncSPSC $3.3B37.8x22.0x+5.6%12.8%8.3%—
69 Agilysys IncAGYS $3.0B100.8x44.5x+14.3%14.6%12.7%—
70 Via Transportation, Inc.VIA $3.0B——+26.7%-18.0%-15.9%—
71 Intapp IncINTA $2.9B—23.4x+12.9%-6.9%-13.0%—
72 Alarm.com Holdings IncALRM $2.8B23.8x20.7x+9.2%12.8%13.6%—
73 Asana IncASAN $2.6B—30.1x+9.9%-19.4%-147.8%—
74 ADEIA CORPADEA $2.5B20.7x16.6x+12.1%41.6%25.7%0.88%
75 ePlus incPLUS $2.4B16.4x8.20x+1.0%6.9%11.7%1.1%
76 Grindr IncGRND $2.4B29.3x17.0x+32.5%29.8%——
77 Bitdeer Technologies Group Class A Ordinary SharesBTDR $2.4B——-5.1%-168.6%-216.6%—
78 SoundHound AI IncSOUN $2.3B——+45.0%-68.5%-27.9%—
79 BitVentures LimitedBVC $2.2B——-100.0%—-55.2%—
80 VertexVERX $2.2B335.2x32.1x+10.5%-1.7%1.5%—
81 nCino IncNCNO $2.2B398.2x26.2x+8.2%7.9%3.6%—
82 Kingsoft Cloud Holdings LtdKC $2.2B——+22.8%-8.1%-10.6%—
83 Diebold Nixdorf, IncorporatedDBD $2.1B21.2x8.11x+1.7%6.4%11.5%—
84 Amplitude IncAMPL $2.1B—74.7x+21.2%—-73.1%—
85 Blackline IncBL $2.0B82.9x12.6x+9.2%4.3%11.0%—
86 PDF Solutions IncPDFS $2.0B262.4x—+18.9%8.2%2.8%—
87 Blackbaud IncBLKB $2.0B14.6x7.66x+3.0%19.8%224.8%—
88 Karooooo LtdKARO $1.8B31.1x2.08x+8.6%28.7%29.6%—
89 EverCommerce IncEVCM $1.7B74.4x15.7x+2.7%9.9%4.8%—
90 Wealthfront Corporation Common StockWLTH $1.7B—11.1x+0.8%-40.8%-11.6%—
91 Alkami Technology IncALKT $1.5B—37.1x+32.9%-12.1%-13.1%—
92 WeRide Inc. American Depositary SharesWRD $1.5B——-10.1%-605.1%-35.6%—
93 Lightspeed Commerce IncLSPD $1.5B——+18.4%-64.6%-40.1%—
94 Sprinklr IncCXM $1.4B64.1x9.10x+0.8%5.3%4.5%—
95 Donnelley Financial Solutions IncDFIN $1.3B36.6x11.6x+2.8%18.9%9.1%—
96 ZoomInfo Technologies Inc.GTM $1.0B8.74x2.66x+1.2%-35.2%-65.3%—
97 Upbound Group Inc.UPBD $910M10.8x3.81x+0.5%5.1%12.3%9.8%
98 Daily Journal CorpDJCO $868M62.0x65.1x+15.2%13.7%-3.4%—
99 Viant Technology IncDSP $867M33.0x16.8x+33.9%2.4%7.7%—
100 Yalla Group LtdYALA $755M6.64x5.58x+0.7%35.7%18.3%—
101 Docebo IncDCBO $668M19.9x23.0x+11.9%9.6%71.5%—
102 Cerence IncCRNC $349M416.0x7.46x+11.8%8.7%-9.2%—
103 Agora IncAPI $341M204.0x—+5.8%-6.7%1.7%—
104 Commerce.com, Inc.CMRC $274M—14.6x+0.1%0.42%-11.2%—
105 Currenc Group Inc. Ordinary SharesCURR $246M—33.3x-18.6%-21.0%——
106 Blend Labs IncBLND $239M——+7.0%-13.0%——
107 A2Z Smart Technologies CorpAZ $234M——+157.0%-449.2%-48.4%—
108 DHI Group IncDHX $218M—15.8x-2.1%4.9%1.3%—
109 Asure Software IncASUR $212M—9.88x+23.2%—-4.3%—
110 CXApp Inc.CXAI $146M——+38.5%-375.8%-118.2%—
111 Alpha Modus Holdings, IncAMOD $112M——————

Medians use companies with a value for that measure; P/E only counts companies with positive earnings. Every company links to its page with the reverse DCF, insider buying and 13F holders.

Questions

What are the largest Software - Application stocks?

By market value: SAP SE ADR (SAP), Shopify (SHOP), Salesforce.com (CRM), ServiceNow (NOW), Uber Technologies (UBER).

What is the average P/E ratio of Software - Application stocks?

The median Software - Application company on Investingly trades at 35.3 times trailing earnings (companies with positive earnings only).

How many Software - Application stocks pay a dividend?

18 of 111, with a median yield of 0.9%.

Prices and ratios as of Oct 11, 2026. Statements from SEC filings. Information only, not investment advice.