Industry
Software - Infrastructure stocks
87 Software - Infrastructure companies have a page on Investingly, worth $6.62T together. The largest is Microsoft (MSFT) at $4.14T.
The median company trades at 34.8 times earnings, keeps 7.6% of revenue as operating profit and grew revenue 17.7% over the last year.
Kodiak AI grew revenue fastest (+596%); VeriSign has the widest operating margin (68%); 11 of them pay a dividend (median yield 1.2%).
Companies87
Total market cap$6.62T
Median P/E34.8x
Median operating margin7.6%
Median revenue growth+17.7%
Median dividend yield1.2%
Software - Infrastructure companies, largest first
| # | Company | Market cap | P/E | P/FCF | Revenue growth | Operating margin | ROE | Dividend yield |
|---|---|---|---|---|---|---|---|---|
| 1 | Microsoft CorporationMSFT | $4.14T | 33.2x | 57.8x | +17.8% | 46.8% | 30.2% | 0.65% |
| 2 | Palantir Technologies Inc.PLTR | $484.0B | 226.9x | 230.4x | +92.8% | 42.8% | 30.9% | — |
| 3 | Oracle CorporationORCL | $388.9B | 24.3x | — | +29.6% | 32.1% | 28.3% | 1.5% |
| 4 | Palo Alto Networks IncPANW | $358.0B | 243.9x | 103.2x | +34.5% | 6.0% | 1.1% | — |
| 5 | Fortinet IncFTNT | $154.7B | 81.9x | 69.5x | +25.6% | 32.4% | 136.7% | — |
| 6 | Cloudflare IncNET | $136.9B | — | 422.2x | +35.9% | -14.1% | -12.7% | — |
| 7 | Synopsys IncSNPS | $96.7B | 76.5x | 71.7x | +42.4% | 8.5% | 3.5% | — |
| 8 | Crowdstrike Holdings IncCRWD | $73.9B | — | 56.4x | +25.8% | -2.2% | 1.1% | — |
| 9 | NetApp IncNTAP | $47.8B | 40.5x | 35.7x | +29.9% | 25.0% | 94.8% | 0.86% |
| 10 | Block, IncXYZ | $46.7B | 61.3x | 19.3x | +9.3% | 4.7% | 1.6% | — |
| 11 | Okta IncOKTA | $43.7B | 190.3x | 48.3x | +10.6% | 7.5% | 4.2% | — |
| 12 | Zscaler IncZS | $43.2B | — | 59.5x | +24.9% | -4.0% | -2.4% | — |
| 13 | CoreWeave, Inc. Class A Common StockCRWV | $43.2B | — | — | +112.5% | -3.0% | -38.4% | — |
| 14 | Twilio IncTWLO | $42.3B | 421.8x | 40.9x | +22.0% | 5.2% | 12.8% | — |
| 15 | MongoDBMDB | $33.4B | — | 66.8x | +30.5% | -0.52% | 2.0% | — |
| 16 | Rubrik, Inc.RBRK | $28.1B | — | 111.1x | +37.9% | -18.3% | — | — |
| 17 | F5 Networks IncFFIV | $27.5B | 39.9x | 30.3x | +10.8% | 24.5% | 18.8% | — |
| 18 | VeriSign IncVRSN | $27.5B | 33.3x | 25.7x | +6.0% | 67.9% | — | 1.1% |
| 19 | Samsara IncIOT | $27.1B | — | 130.6x | +29.9% | 1.1% | 5.7% | — |
| 20 | Corpay IncCPAY | $25.8B | 23.6x | 19.8x | +21.5% | 43.7% | 32.2% | — |
| 21 | Nutanix IncNTNX | $21.8B | 88.0x | 29.1x | +15.9% | 9.6% | 214.5% | — |
| 22 | Toast IncTOST | $18.9B | 48.6x | 31.1x | +23.1% | 6.3% | 23.8% | — |
| 23 | Joint Stock Company Kaspi.kzKSPI | $17.9B | 7.95x | 0.01x | +59.8% | — | 43.1% | — |
| 24 | Check Point Software Technologies LtdCHKP | $15.4B | 14.3x | 12.7x | +6.2% | 30.5% | 36.7% | — |
| 25 | Gen Digital Inc.GEN | $14.7B | 15.5x | 9.66x | +6.3% | 41.7% | 39.6% | 2.2% |
| 26 | Godaddy IncGDDY | $14.6B | 17.5x | 9.29x | +6.6% | 24.8% | 13586.6% | — |
| 27 | Akamai Technologies IncAKAM | $14.6B | 33.8x | 20.8x | +5.4% | 10.5% | 8.7% | — |
| 28 | SailPoint, Inc. Common StockSAIL | $14.6B | — | 281.2x | +16.8% | -18.9% | -2.9% | — |
| 29 | DigitalOcean Holdings IncDOCN | $13.7B | 57.5x | 80.6x | +28.6% | 14.8% | 25.3% | — |
| 30 | Gitlab IncGTLB | $10.7B | — | 48.4x | +21.3% | -8.6% | -5.7% | — |
| 31 | Zeta Global Holdings CorpZETA | $9.9B | — | 53.3x | +43.5% | 1.6% | -0.23% | — |
| 32 | SentinelOne IncS | $9.9B | — | 129.8x | +20.6% | -29.5% | -23.5% | — |
| 33 | Netskope, Inc. Class A Common StockNTSK | $8.9B | — | 590.4x | +29.1% | -94.7% | -470.2% | — |
| 34 | Qualys IncQLYS | $8.2B | 42.1x | 27.1x | +11.0% | 34.4% | 36.7% | — |
| 35 | Dropbox IncDBX | $8.2B | 19.2x | 8.81x | +0.9% | 26.6% | — | — |
| 36 | Marqeta IncMQ | $7.8B | 1848.3x | 48.7x | +17.0% | -1.9% | 1.4% | — |
| 37 | Uipath IncPATH | $7.8B | 28.9x | 22.2x | +13.4% | 8.9% | 18.6% | — |
| 38 | Wex IncWEX | $6.2B | 20.2x | 19.8x | +14.2% | 25.5% | 26.1% | — |
| 39 | Varonis SystemsVRNS | $6.1B | — | 45.4x | +18.3% | -22.0% | -31.8% | — |
| 40 | Klarna Group plcKLAR | $6.0B | — | — | +24.8% | -6.5% | -10.9% | — |
| 41 | Tenable Holdings IncTENB | $5.7B | — | 22.3x | +8.6% | 3.6% | 3.4% | — |
| 42 | Box IncBOX | $5.4B | 66.7x | 15.3x | +9.2% | 9.4% | — | — |
| 43 | BlackBerry LtdBB | $5.3B | 100.5x | 112.1x | +26.0% | 13.6% | 10.2% | — |
| 44 | ACI Worldwide IncACIW | $5.3B | 26.2x | 17.0x | +7.3% | 18.6% | 15.1% | — |
| 45 | Core Scientific, Inc. Common StockCORZ | $4.9B | — | — | +108.8% | -127.5% | — | — |
| 46 | Remitly Global IncRELY | $4.5B | 44.9x | 15.4x | +20.2% | 9.4% | 27.1% | — |
| 47 | BullishBLSH | $4.2B | — | — | -2.1% | — | -23.8% | — |
| 48 | Shift4 Payments IncFOUR | $4.1B | 47.3x | 8.17x | +34.1% | 8.1% | 6.5% | — |
| 49 | Dlocal LtdDLO | $4.1B | 23.4x | 9.61x | +46.6% | 20.1% | 34.6% | — |
| 50 | Paymentus Holdings, Inc.PAY | $4.0B | 55.4x | 24.6x | +28.8% | 7.6% | 13.8% | — |
| 51 | StoneCo LtdSTNE | $3.5B | 5.15x | — | +10.0% | — | -12.9% | — |
| 52 | PagSeguro Digital LtdPAGS | $3.2B | 7.98x | 2.08x | +17.9% | — | 29.4% | — |
| 53 | Avepoint IncAVPT | $3.2B | 75.7x | 39.4x | +22.0% | 9.8% | 16.4% | — |
| 54 | Appian CorpAPPN | $3.2B | 2170.5x | 53.5x | +19.1% | 1.3% | — | — |
| 55 | Wix.Com LtdWIX | $3.1B | 87.0x | 5.38x | +13.2% | 0.09% | — | — |
| 56 | Cellebrite DICLBT | $3.0B | 36.3x | 19.3x | +18.6% | 14.0% | 16.2% | — |
| 57 | Liveramp Holdings IncRAMP | $3.0B | 22.2x | 17.8x | +9.8% | 11.6% | 15.9% | — |
| 58 | Teradata CorpTDC | $2.9B | 7.09x | 10.2x | +0.5% | 7.5% | 77.2% | — |
| 59 | NetScout Systems IncNTCT | $2.9B | 30.8x | 10.0x | +12.7% | 14.8% | 7.3% | — |
| 60 | Five9 IncFIVN | $2.9B | 52.8x | 14.2x | +10.3% | 4.7% | 7.6% | — |
| 61 | Euronet Worldwide IncEEFT | $2.4B | 9.11x | 5.76x | +3.2% | 11.6% | 23.4% | — |
| 62 | Flywire CorpFLYW | $2.3B | 79.3x | 23.8x | +27.2% | 5.5% | 4.2% | — |
| 63 | Calix IncCALX | $2.3B | 74.9x | 20.3x | +21.3% | 5.5% | 7.2% | — |
| 64 | Payoneer Global IncPAYO | $2.3B | 34.8x | 11.3x | +5.2% | 10.4% | 7.7% | — |
| 65 | A10 NetworkATEN | $2.2B | 49.0x | 33.2x | +15.5% | 16.1% | 18.1% | 0.85% |
| 66 | GigaCloud Technology Inc Class A Ordinary SharesGCT | $2.0B | 13.7x | 11.2x | +27.6% | — | 29.2% | — |
| 67 | Evertec IncEVTC | $1.9B | 14.7x | 14.1x | +19.7% | 17.9% | 15.2% | — |
| 68 | Nextnav Acquisition CorpNN | $1.9B | — | — | -4.3% | -1900.4% | -33.4% | — |
| 69 | Progress Software CorporationPRGS | $1.8B | 22.3x | 7.99x | -1.5% | 17.7% | 17.4% | 0.03% |
| 70 | Bandwidth IncBAND | $1.8B | — | 26.8x | +19.8% | -1.8% | -1.2% | — |
| 71 | C3 Ai IncAI | $1.8B | — | — | -25.5% | -203.1% | -64.2% | — |
| 72 | Nayax LtdNYAX | $1.7B | 48.5x | 23.5x | +27.5% | 9.4% | 22.4% | — |
| 73 | Pagaya Technologies Ltd.PGY | $1.5B | 16.5x | 6.84x | +15.1% | 26.1% | 21.3% | — |
| 74 | Radware LtdRDWR | $1.4B | 68.8x | 33.4x | +9.8% | 3.8% | 5.8% | — |
| 75 | Tuya Inc ADRTUYA | $984M | 19.1x | 13.3x | +7.8% | 3.6% | 5.7% | — |
| 76 | Aeva Technologies, Inc. Common StockAEVA | $907M | — | — | +11.3% | -611.0% | -117.8% | — |
| 77 | Movano IncMOVE | $739M | — | — | +3590.3% | -610.3% | -4.8% | — |
| 78 | Backblaze IncBLZE | $726M | — | 38.5x | +17.7% | -11.2% | -23.1% | — |
| 79 | Rezolve AI Limited Ordinary SharesRZLV | $721M | — | — | +2224.2% | -185.6% | -41.1% | — |
| 80 | Consensus Cloud Solutions IncCCSI | $645M | 7.66x | 6.09x | +4.2% | 41.8% | 227.7% | — |
| 81 | Ci&T IncCINT | $410M | 10.3x | 8.99x | +11.6% | 13.4% | 13.2% | — |
| 82 | Allot Communications LtdALLT | $391M | 104.9x | 25.2x | +10.6% | 3.5% | 3.7% | — |
| 83 | PowerFleet, Inc.AIOT | $356M | — | — | +6.4% | 4.9% | -3.9% | — |
| 84 | Bakkt Holdings IncBKKT | $317M | — | — | +13.3% | — | -8.8% | — |
| 85 | Kodiak AI, Inc. Common StockKDK | $291M | — | — | +595.6% | -2100.2% | — | — |
| 86 | Amber International Holding LimitedAMBR | $176M | 7.52x | — | -9.0% | -52.9% | -223.5% | — |
| 87 | Endava LtdDAVA | $111M | — | 2.30x | +4.2% | 4.1% | 9.1% | — |
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.
Other Technology industries
Semiconductors44 companiesConsumer Electronics4 companiesSoftware - Application111 companiesSemiconductor Equipment & Materials24 companiesComputer Hardware18 companiesCommunication Equipment26 companiesInformation Technology Services36 companiesElectronic Components21 companiesScientific & Technical Instruments15 companiesElectronics & Computer Distribution6 companiesSolar8 companies
Questions
What are the largest Software - Infrastructure stocks?
By market value: Microsoft (MSFT), Palantir Technologies (PLTR), Oracle (ORCL), Palo Alto Networks (PANW), Fortinet (FTNT).
What is the average P/E ratio of Software - Infrastructure stocks?
The median Software - Infrastructure company on Investingly trades at 34.8 times trailing earnings (companies with positive earnings only).
How many Software - Infrastructure stocks pay a dividend?
11 of 87, with a median yield of 1.2%.
Prices and ratios as of Oct 11, 2026. Statements from SEC filings. Information only, not investment advice.