Most Indebted Technology Stocks
Top technology companies ranked by long-term debt, latest annual filings.
Most Indebted Technology Companies: What Long-Term Debt Tells You
Long-term debt in technology is usually the exception rather than the rule. Most software and platform firms generate strong cash internally and carry modest balance sheet leverage, which makes the names that appear at the top of an absolute-debt ranking tend to be hardware-heavy operators, firms that funded large acquisitions, or mature businesses that have issued debt specifically to finance share buybacks at low borrowing costs rather than out of operational need.
Why It Matters in Technology
Because the sector is typically asset-light, high absolute debt in technology usually reflects deliberate capital structure choices rather than operating stress, particularly at large mature incumbents. Still, debt-funded buybacks compound risk in a downturn, and large acquisition-related debt can strain firms whose integration runs behind plan. Reading long-term debt against free cash flow and cash reserves matters more than the absolute figure, especially for firms that have levered up during strong-growth years.
What to Read Alongside
Pair long-term debt with Free Cash Flow to gauge servicing capacity against platform cash generation, EBITDA for leverage ratios relative to operating scale, and Cash & Equivalents for the net-debt picture once offshore cash is applied.
| # | Symbol | Company | Sector | ||
|---|---|---|---|---|---|
| 1 | AAPL | Apple Inc. | Technology | $78.33B | $4947.14B |
| 2 | AVGO | Broadcom Inc. | Technology | $61.98B | $1740.18B |
| 3 | IBM | International Business Machines Corporation | Technology | $54.84B | $217.99B |
| 4 | INTC | Intel Corporation | Technology | $44.09B | $654.74B |
| 5 | MSFT | Microsoft Corporation | Technology | $31.07B | $3697.92B |
| 6 | FI | Fiserv, Inc. | Technology | $27.76B | $34.31B |
| 7 | DELL | Dell Technologies Inc. | Technology | $23.51B | $365.79B |
| 8 | CSCO | Cisco Systems, Inc. | Technology | $19.37B | $419.65B |
| 9 | HPE | Hewlett Packard Enterprise Company | Technology | $17.76B | $80.66B |
| 10 | QCOM | QUALCOMM Incorporated | Technology | $14.81B | $211.76B |
| 11 | RUN | Sunrun Inc. | Technology | $14.70B | $2.12B |
| 12 | CRWV | CoreWeave, Inc. | Technology | $14.66B | $47.85B |
| 13 | APH | Amphenol Corporation | Technology | $14.56B | $204.28B |
| 14 | MU | Micron Technology, Inc. | Technology | $14.02B | $1238.00B |
| 15 | TXN | Texas Instruments Incorporated | Technology | $13.55B | $247.86B |
| 16 | SNPS | Synopsys, Inc. | Technology | $13.46B | $78.43B |
| 17 | NXPI | NXP Semiconductors N.V. | Technology | $10.97B | $59.91B |
| 18 | UBER | Uber Technologies, Inc. | Technology | $10.52B | $142.75B |
| 19 | CRM | Salesforce, Inc. | Technology | $10.44B | $191.99B |
| 20 | CPAY | Corpay, Inc. | Technology | $10.00B | $25.80B |
| 21 | FIS | Fidelity National Information Services, Inc. | Technology | $9.07B | $18.79B |
| 22 | HPQ | HP Inc. | Technology | $8.82B | $28.89B |
| 23 | ROP | Roper Technologies, Inc. | Technology | $8.60B | $35.99B |
| 24 | MSI | Motorola Solutions, Inc. | Technology | $8.41B | $75.58B |
| 25 | MSTR | Strategy Inc | Technology | $8.16B | $66.48B |
| 26 | ADI | Analog Devices, Inc. | Technology | $8.15B | $189.16B |
| 27 | GEN | Gen Digital Inc. | Technology | $8.02B | $16.34B |
| 28 | GLW | Corning Incorporated | Technology | $7.63B | $129.32B |
| 29 | NVDA | NVIDIA Corporation | Technology | $7.47B | $5526.52B |
| 30 | SSNC | SS&C Technologies Holdings, Inc. | Technology | $7.41B | $18.60B |
| 31 | XYZ | Block, Inc. | Technology | $7.29B | $46.58B |
| 32 | COMM | CommScope Holding Company, Inc. | Technology | $7.26B | $4.34B |
| 33 | VISN | Vistance Networks, Inc. | Technology | $7.26B | $1.49B |
| 34 | AMAT | Applied Materials, Inc. | Technology | $6.46B | $374.94B |
| 35 | INTU | Intuit Inc. | Technology | $6.42B | $78.13B |
| 36 | VSAT | Viasat, Inc. | Technology | $6.39B | $10.33B |
| 37 | ADBE | Adobe Inc. | Technology | $6.21B | $94.70B |
| 38 | CSIQ | Canadian Solar Inc. | Technology | $6.01B | $0.80B |
| 39 | KLAC | KLA Corporation | Technology | $5.89B | $246.05B |
| 40 | OTEX | Open Text Corporation | Technology | $5.73B | $5.57B |
| 41 | MCHP | Microchip Technology Incorporated | Technology | $5.50B | $41.17B |
| 42 | ACN | Accenture plc | Technology | $5.03B | $112.43B |
| 43 | ADP | Automatic Data Processing, Inc. | Technology | $4.96B | $107.12B |
| 44 | CACI | CACI International Inc | Technology | $4.85B | $13.55B |
| 45 | TEL | TE Connectivity plc | Technology | $4.84B | $61.81B |
| 46 | LDOS | Leidos Holdings, Inc. | Technology | $4.63B | $15.47B |
| 47 | CDW | CDW Corporation | Technology | $4.62B | $18.43B |
| 48 | CNXC | Concentrix Corporation | Technology | $4.57B | $1.86B |
| 49 | PAYX | Paychex, Inc. | Technology | $4.56B | $40.77B |
| 50 | FOUR | Shift4 Payments, Inc. | Technology | $4.54B | $3.08B |
| 51 | CLVT | Clarivate Plc | Technology | $4.32B | $1.21B |
| 52 | MKSI | MKS Inc. | Technology | $4.15B | $17.61B |
| 53 | SABR | Sabre Corporation | Technology | $4.10B | $0.92B |
| 54 | Q | Qnity Electronics, Inc. | Technology | $4.00B | $26.12B |
| 55 | MRVL | Marvell Technology, Inc. | Technology | $3.97B | $231.31B |
| 56 | KD | Kyndryl Holdings, Inc. | Technology | $3.90B | $2.63B |
| 57 | GDDY | GoDaddy Inc. | Technology | $3.77B | $12.44B |
| 58 | FLEX | Flex Ltd. | Technology | $3.75B | $42.28B |
| 59 | LRCX | Lam Research Corporation | Technology | $3.72B | $389.11B |
| 60 | ENTG | Entegris, Inc. | Technology | $3.70B | $23.09B |
| 61 | SNX | TD SYNNEX Corporation | Technology | $3.59B | $22.65B |
| 62 | WEX | WEX Inc. | Technology | $3.53B | $6.18B |
| 63 | STX | Seagate Technology Holdings plc | Technology | $3.38B | $209.17B |
| 64 | BR | Broadridge Financial Solutions, Inc. | Technology | $3.25B | $18.59B |
| 65 | COHR | Coherent Corp. | Technology | $3.21B | $60.78B |
| 66 | ARW | Arrow Electronics, Inc. | Technology | $3.08B | $11.29B |
| 67 | DXC | DXC Technology Company | Technology | $3.03B | $1.75B |
| 68 | WDAY | Workday, Inc. | Technology | $2.99B | $45.36B |
| 69 | ON | ON Semiconductor Corporation | Technology | $2.98B | $28.65B |
| 70 | IT | Gartner, Inc. | Technology | $2.98B | $11.29B |
| 71 | ST | Sensata Technologies Holding plc | Technology | $2.83B | $6.14B |
| 72 | INGM | Ingram Micro Holding Corporation | Technology | $2.75B | $6.27B |
| 73 | RXT | Rackspace Technology, Inc. | Technology | $2.72B | $1.05B |
| 74 | CIFR | Cipher Digital Inc. | Technology | $2.71B | $7.92B |
| 75 | NATL | NCR Atleos Corporation | Technology | $2.67B | $3.42B |
| 76 | FICO | Fair Isaac Corporation | Technology | $2.66B | $19.75B |
| 77 | KEYS | Keysight Technologies, Inc. | Technology | $2.53B | $59.13B |
| 78 | ADSK | Autodesk, Inc. | Technology | $2.50B | $45.90B |
| 79 | NTAP | NetApp, Inc. | Technology | $2.49B | $37.89B |
| 80 | AVT | Avnet, Inc. | Technology | $2.48B | $8.06B |
| 81 | SAIC | Science Applications International Corporation | Technology | $2.47B | $5.43B |
| 82 | JBL | Jabil Inc. | Technology | $2.39B | $32.38B |
| 83 | ZBRA | Zebra Technologies Corporation | Technology | $2.36B | $17.11B |
| 84 | AMD | Advanced Micro Devices, Inc. | Technology | $2.35B | $1018.29B |
| 85 | FTV | Fortive Corporation | Technology | $2.31B | $16.90B |
| 86 | ASTS | AST SpaceMobile, Inc. | Technology | $2.21B | $19.09B |
| 87 | TDY | Teledyne Technologies Incorporated | Technology | $2.03B | $28.40B |
| 88 | BILL | BILL Holdings, Inc. | Technology | $1.84B | $3.96B |
| 89 | STM | STMicroelectronics N.V. | Technology | $1.83B | $47.64B |
| 90 | INFA | Informatica Inc. | Technology | $1.79B | $7.64B |
| 91 | WOLF | Wolfspeed, Inc. | Technology | $1.69B | $1.48B |
| 92 | VNT | Vontier Corporation | Technology | $1.59B | $4.25B |
| 93 | QRVO | Qorvo, Inc. | Technology | $1.55B | $10.45B |
| 94 | CIEN | Ciena Corporation | Technology | $1.52B | $52.26B |
| 95 | NOW | ServiceNow, Inc. | Technology | $1.49B | $141.64B |
| 96 | TRMB | Trimble Inc. | Technology | $1.39B | $13.83B |
| 97 | NSIT | Insight Enterprises, Inc. | Technology | $1.36B | $4.59B |
| 98 | GTM | ZoomInfo Technologies Inc. | Technology | $1.32B | $1.13B |
| 99 | CCCS | CCC Intelligent Solutions Holdings Inc. | Technology | $1.29B | $5.70B |
| 100 | BDC | Belden Inc. | Technology | $1.29B | $4.42B |
No companies match this search.
How this ranking is built
Companies are ranked by long-term debt as reported in their most recent annual filing with the SEC. Figures shown are in US dollars (or percent, as noted), rounded to two decimals.
- Source: annual 10-K / 20-F filings from companies trading on US exchanges (NYSE, Nasdaq, AMEX).
- Fiscal year: whichever annual period the company has most recently filed. Fiscal years don't always align with the calendar year, so the "as of FY" stamp above reflects the most common year across the table.
- Filtered out: warrants, preferred shares, and duplicate listings that share a parent company's financials.
- Size floor: A company qualifies at $500 million in market cap or above. Below that, one mis-stated figure outranks the companies the list is about.
- Currency check: A company whose annual revenue runs above 15 times its market cap is left out, because at that gap the two figures are not in the same currency.
- Currency check: A company whose balance sheet runs above 150 times its market cap is left out for the same reason.
- Update cadence: refreshed as companies file new annual reports (typically within 60–90 days of fiscal year end).
Not financial advice. This is a research tool, not a recommendation.