STOCK TITAN

Top Technology Stocks by Gross Margin

Top technology companies ranked by gross margin, latest annual filings.

What Gross Margin Means for Technology Companies

Gross margin in technology reflects what is left of each revenue dollar after hosting, bandwidth, support infrastructure, or component costs are paid, before research, sales, and overhead are loaded in. Pure software tends to sit near the top of the corporate universe on this measure because the marginal cost of serving another subscription is tiny, while hardware and devices carry the full weight of components, assembly, and logistics, which compresses the figure meaningfully.

Why It Matters in Technology

For a software or platform business, gross margin is the cleanest proxy for operating leverage at scale: once the product exists, each new customer adds mostly revenue, not cost. Hardware firms earn thinner gross margins but may compensate with volume and attached services. Still, classification varies; some firms book customer support and fulfillment inside cost of revenue while peers leave them in operating expense, which makes headline gross margin comparisons across the sector genuinely hard.

What to Read Alongside

Pair gross margin with Revenue to size the base the margin applies to, Operating Margin to see how much research and sales investment the economics can still support, and Net Margin for the final bottom-line read.

Data as of FY 2025 72 companies Rhea AI
# Symbol Company Sector
1 ADSK Autodesk, Inc. Technology 90.98% $51.20B
2 ADBE Adobe Inc. Technology 89.27% $103.45B
3 VRSN VeriSign, Inc. Technology 88.15% $26.44B
4 CHKP Check Point Software Technologies Ltd. Technology 86.72% $12.79B
5 GTM ZoomInfo Technologies Inc. Technology 84.03% $1.21B
6 PTC PTC Inc. Technology 83.76% $16.02B
7 PAYC Paycom Software, Inc. Technology 83.17% $10.07B
8 PLTR Palantir Technologies Inc. Technology 82.37% $374.68B
9 FICO Fair Isaac Corporation Technology 82.23% $22.29B
10 DT Dynatrace, Inc. Technology 81.56% $14.12B
11 BSY Bentley Systems, Incorporated Technology 81.52% $10.74B
12 FFIV F5, Inc. Technology 81.41% $23.47B
13 FTNT Fortinet, Inc. Technology 80.46% $117.47B
14 DBX Dropbox, Inc. Technology 80.13% $8.06B
15 NTAP NetApp, Inc. Technology 78.55% $37.57B
16 GEN Gen Digital Inc. Technology 78.46% $16.82B
17 CRM Salesforce, Inc. Technology 77.68% $152.96B
18 NOW ServiceNow, Inc. Technology 77.53% $121.32B
19 ZM Zoom Communications, Inc. Technology 77.02% $29.70B
20 SNPS Synopsys, Inc. Technology 76.98% $77.74B
21 PEGA Pegasystems Inc. Technology 75.86% $5.21B
22 PAYX Paychex, Inc. Technology 74.29% $42.73B
23 OTEX Open Text Corporation Technology 73.74% $6.21B
24 CCC CCC Intelligent Solutions Holdings Inc. Technology 73.49% $3.83B
25 PANW Palo Alto Networks, Inc. Technology 73.41% $292.98B
26 DUOL Duolingo, Inc. Technology 72.23% $5.74B
27 RNG RingCentral, Inc. Technology 71.24% $5.18B
28 NVDA NVIDIA Corporation Technology 71.07% $5304.16B
29 P Everpure, Inc. Technology 70.38% $29.01B
30 ROP Roper Technologies, Inc. Technology 69.24% $39.27B
31 PCTY Paylocity Holding Corporation Technology 69.19% $8.04B
32 TRMB Trimble Inc. Technology 69.07% $13.65B
33 IT Gartner, Inc. Technology 68.77% $11.67B
34 WIX Wix.com Ltd. Technology 68.07% $2.55B
35 CRDO Credo Technology Group Holding Ltd Technology 68.04% $42.97B
36 MSFT Microsoft Corporation Technology 67.94% $3711.73B
37 AVGO Broadcom Inc. Technology 67.77% $2000.87B
38 NICE NICE Ltd. Technology 66.41% $5.69B
39 ALRM Alarm.com Holdings, Inc. Technology 66.15% $2.78B
40 CLVT Clarivate Plc Technology 66.05% $1.18B
41 CSCO Cisco Systems, Inc. Technology 64.94% $476.44B
42 ANET Arista Networks, Inc. Technology 64.06% $242.56B
43 GDDY GoDaddy Inc. Technology 63.61% $11.44B
44 FTV Fortive Corporation Technology 63.50% $18.38B
45 YMM Full Truck Alliance Co. Ltd. Technology 63.02% $9.89B
46 GWRE Guidewire Software, Inc. Technology 62.54% $13.32B
47 EXTR Extreme Networks, Inc. Technology 62.20% $3.19B
48 KEYS Keysight Technologies, Inc. Technology 62.08% $57.58B
49 ADI Analog Devices, Inc. Technology 61.47% $183.78B
50 KLAC KLA Corporation Technology 61.30% $252.40B
51 ZETA Zeta Global Holdings Corp. Technology 60.63% $6.42B
52 TDC TERADATA CORPORATION Technology 59.35% $2.51B
53 AKAM Akamai Technologies, Inc. Technology 58.95% $17.24B
54 BLKB Blackbaud, Inc. Technology 58.78% $2.10B
55 GRMN Garmin Ltd. Technology 58.74% $58.22B
56 WEX WEX Inc. Technology 58.64% $6.46B
57 TER Teradyne, Inc. Technology 58.22% $60.17B
58 IBM International Business Machines Corporation Technology 58.19% $219.92B
59 MCHP Microchip Technology Incorporated Technology 57.73% $40.38B
60 VIAV Viavi Solutions Inc. Technology 57.28% $10.01B
61 TXN Texas Instruments Incorporated Technology 57.02% $254.25B
62 PSFE Paysafe Limited Technology 56.89% $0.39B
63 CALX Calix, Inc. Technology 56.83% $2.36B
64 SABR Sabre Corporation Technology 56.44% $0.89B
65 MANH Manhattan Associates, Inc. Technology 56.32% $11.11B
66 QCOM QUALCOMM Incorporated Technology 55.43% $168.41B
67 MPWR Monolithic Power Systems, Inc. Technology 55.18% $66.79B
68 FIVN Five9, Inc. Technology 55.07% $2.17B
69 NXPI NXP Semiconductors N.V. Technology 54.74% $58.45B
70 CRUS Cirrus Logic, Inc. Technology 52.78% $6.19B
71 MSI Motorola Solutions, Inc. Technology 51.66% $78.46B
72 SMTC Semtech Corporation Technology 51.63% $12.55B

How this ranking is built

Companies are ranked by gross margin 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.
  • 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.