STOCK TITAN

Top Technology Stocks by EBITDA

Top technology companies ranked by EBITDA, latest annual filings.

What EBITDA Means for Technology Companies

EBITDA captures earnings before interest, taxes, depreciation, and amortization, giving a view of operating profit before financing and accounting choices. In technology, software-heavy firms typically show EBITDA that tracks closely with operating cash flow because capital expenditures and tangible asset depreciation tend to be modest. Hardware makers and data-center operators sit at the other end, where substantial D&A pulls reported operating income well below EBITDA.

Why It Matters in Technology

Technology buyers often anchor on EBITDA because platform models carry high operating leverage: each marginal customer costs little to serve once the product exists. That same dynamic makes EBITDA flattering when stock-based compensation is large, since the figure ignores that real dilution cost. EBITDA is also less useful for hardware-intensive tech, where capex recurs and depreciation reflects genuine replacement needs rather than a bookkeeping artifact.

What to Read Alongside

Pair EBITDA with Free Cash Flow to confirm operating profits translate into cash after capex and working-capital swings, Gross Margin to gauge unit economics beneath the scale line, and R&D Spending for the reinvestment picture.

Data as of FY 2025 100 companies Rhea AI
# Symbol Company Sector
1 MSFT Microsoft Corporation Technology $199.64B $3717.15B
2 AAPL Apple Inc. Technology $144.75B $4918.53B
3 NVDA NVIDIA Corporation Technology $133.23B $5445.39B
4 AVGO Broadcom Inc. Technology $34.12B $1694.59B
5 ORCL Oracle Corporation Technology $30.25B $437.11B
6 MU Micron Technology, Inc. Technology $18.12B $1210.57B
7 CSCO Cisco Systems, Inc. Technology $16.07B $419.61B
8 QCOM QUALCOMM Incorporated Technology $13.96B $210.66B
9 SNDK Sandisk Corporation Technology $12.54B $265.98B
10 ACN Accenture plc Technology $11.59B $112.30B
11 DELL Dell Technologies Inc. Technology $11.18B $349.59B
12 CRM Salesforce, Inc. Technology $9.53B $195.53B
13 ADBE Adobe Inc. Technology $9.52B $95.67B
14 INTC Intel Corporation Technology $9.49B $648.08B
15 FI Fiserv, Inc. Technology $9.06B $34.31B
16 AMAT Applied Materials, Inc. Technology $8.72B $376.47B
17 LRCX Lam Research Corporation Technology $8.64B $384.51B
18 TXN Texas Instruments Incorporated Technology $7.94B $248.97B
19 APH Amphenol Corporation Technology $6.79B $202.68B
20 INTU Intuit Inc. Technology $6.56B $76.64B
21 AMD Advanced Micro Devices, Inc. Technology $6.51B $1003.34B
22 UBER Uber Technologies, Inc. Technology $6.28B $141.79B
23 ADI Analog Devices, Inc. Technology $4.93B $186.67B
24 WDC Western Digital Corporation Technology $4.83B $170.78B
25 STX Seagate Technology Holdings plc Technology $4.37B $210.08B
26 HPQ HP Inc. Technology $4.09B $29.00B
27 TEL TE Connectivity plc Technology $4.05B $62.07B
28 CTSH Cognizant Technology Solutions Corporation Technology $3.94B $26.64B
29 ANET Arista Networks, Inc. Technology $3.93B $256.62B
30 NXPI NXP Semiconductors N.V. Technology $3.88B $59.37B
31 GLW Corning Incorporated Technology $3.67B $133.07B
32 FIS Fidelity National Information Services, Inc. Technology $3.62B $17.88B
33 MSI Motorola Solutions, Inc. Technology $3.41B $76.20B
34 ROP Roper Technologies, Inc. Technology $3.13B $36.23B
35 PAYX Paychex, Inc. Technology $2.95B $37.20B
36 SMCI Super Micro Computer, Inc. Technology $2.82B $27.22B
37 GEN Gen Digital Inc. Technology $2.61B $15.70B
38 NOW ServiceNow, Inc. Technology $2.56B $145.55B
39 MRVL Marvell Technology, Inc. Technology $2.49B $234.47B
40 CRWV CoreWeave, Inc. Technology $2.41B $47.93B
41 LDOS Leidos Holdings, Inc. Technology $2.40B $15.65B
42 CPAY Corpay, Inc. Technology $2.39B $25.95B
43 HPE Hewlett Packard Enterprise Company Technology $2.30B $82.74B
44 FTNT Fortinet, Inc. Technology $2.24B $131.14B
45 DXC DXC Technology Company Technology $2.15B $1.74B
46 SSNC SS&C Technologies Holdings, Inc. Technology $2.14B $18.71B
47 FSLR First Solar, Inc. Technology $2.13B $20.63B
48 XYZ Block, Inc. Technology $2.08B $44.87B
49 GRMN Garmin Ltd. Technology $2.06B $55.46B
50 STM STMicroelectronics N.V. Technology $2.03B $46.79B
51 CDW CDW Corporation Technology $1.95B $18.27B
52 FLEX Flex Ltd. Technology $1.89B $41.48B
53 JBL Jabil Inc. Technology $1.86B $32.35B
54 NTAP NetApp, Inc. Technology $1.85B $38.56B
55 SNX TD SYNNEX Corporation Technology $1.83B $23.02B
56 ADSK Autodesk, Inc. Technology $1.77B $45.38B
57 CDNS Cadence Design Systems, Inc. Technology $1.72B $85.12B
58 SNPS Synopsys, Inc. Technology $1.58B $79.16B
59 PANW Palo Alto Networks, Inc. Technology $1.55B $321.72B
60 SHOP Shopify Inc. Technology $1.50B $183.14B
61 TDY Teledyne Technologies Incorporated Technology $1.49B $28.79B
62 VSAT Viasat, Inc. Technology $1.48B $10.15B
63 PLTR Palantir Technologies Inc. Technology $1.44B $460.88B
64 BR Broadridge Financial Solutions, Inc. Technology $1.44B $18.64B
65 AKAM Akamai Technologies, Inc. Technology $1.28B $17.02B
66 ZM Zoom Communications, Inc. Technology $1.26B $26.81B
67 GDDY GoDaddy Inc. Technology $1.24B $12.21B
68 IT Gartner, Inc. Technology $1.23B $11.27B
69 CLS Celestica Inc. Technology $1.22B $45.63B
70 UI Ubiquiti Inc. Technology $1.20B $34.71B
71 MCHP Microchip Technology Incorporated Technology $1.18B $41.01B
72 FTV Fortive Corporation Technology $1.16B $16.99B
73 VRSN VeriSign, Inc. Technology $1.15B $26.51B
74 ARM Arm Holdings plc Technology $1.15B $355.17B
75 KEYS Keysight Technologies, Inc. Technology $1.14B $60.16B
76 AMKR Amkor Technology, Inc. Technology $1.11B $13.25B
77 PTC PTC Inc. Technology $1.08B $15.23B
78 INGM Ingram Micro Holding Corporation Technology $1.07B $6.28B
79 CACI CACI International Inc Technology $1.00B $13.63B
80 WEX WEX Inc. Technology $0.99B $6.29B
81 SWKS Skyworks Solutions, Inc. Technology $0.96B $13.76B
82 ARW Arrow Electronics, Inc. Technology $0.96B $11.55B
83 WDAY Workday, Inc. Technology $0.96B $46.36B
84 FICO Fair Isaac Corporation Technology $0.94B $19.00B
85 DBX Dropbox, Inc. Technology $0.94B $7.44B
86 ZBRA Zebra Technologies Corporation Technology $0.89B $17.55B
87 MKSI MKS Inc. Technology $0.87B $17.76B
88 FFIV F5, Inc. Technology $0.86B $25.82B
89 CHKP Check Point Software Technologies Ltd. Technology $0.86B $14.41B
90 G Genpact Limited Technology $0.86B $5.69B
91 LOGI Logitech International S.A. Technology $0.85B $14.98B
92 NICE NICE Ltd. Technology $0.84B $6.90B
93 CLVT Clarivate Plc Technology $0.83B $1.17B
94 DOX Amdocs Limited Technology $0.82B $6.09B
95 AVT Avnet, Inc. Technology $0.80B $8.30B
96 TRMB Trimble Inc. Technology $0.79B $13.83B
97 LITE Lumentum Holdings Inc. Technology $0.79B $84.05B
98 FOUR Shift4 Payments, Inc. Technology $0.78B $3.04B
99 MPWR Monolithic Power Systems, Inc. Technology $0.78B $66.61B
100 TER Teradyne, Inc. Technology $0.78B $60.84B

How this ranking is built

Companies are ranked by EBITDA 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.