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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](/financials/top-revenue-stocks/technology/) to size the base the margin applies to, [Operating Margin](/financials/top-operating-margin-stocks/technology/) to see how much research and sales investment the economics can still support, and [Net Margin](/financials/top-net-margin-stocks/technology/) for the final bottom-line read.

Data as of FY 2025 100 companies Rhea AI
# Symbol Company Sector
1 AMOD Alpha Modus Holdings, Inc. Technology 100.00% $0.02B
2 NEON Neonode Inc. Technology 98.74% $0.03B
3 ADSK Autodesk, Inc. Technology 90.98% $51.07B
4 ADBE Adobe Inc. Technology 89.27% $98.81B
5 VRSN VeriSign, Inc. Technology 88.15% $24.97B
6 CHKP Check Point Software Technologies Ltd. Technology 86.72% $14.22B
7 FIEE FiEE, Inc. Technology 86.44% $0.06B
8 GTM ZoomInfo Technologies Inc. Technology 84.03% $1.85B
9 PTC PTC Inc. Technology 83.76% $16.63B
10 RDVT Red Violet, Inc. Technology 83.74% $0.56B
11 TRAK ReposiTrak, Inc. Technology 83.72% $0.15B
12 NVEC NVE Corporation Technology 83.63% $0.40B
13 PAYC Paycom Software, Inc. Technology 83.17% $6.05B
14 QLYS Qualys, Inc. Technology 82.85% $2.97B
15 PLTR Palantir Technologies Inc. Technology 82.37% $350.12B
16 FICO Fair Isaac Corporation Technology 82.23% $25.47B
17 BSY Bentley Systems, Incorporated Technology 81.52% $10.64B
18 FFIV F5, Inc. Technology 81.41% $17.57B
19 PRGS Progress Software Corporation Technology 80.82% $1.30B
20 FTNT Fortinet, Inc. Technology 80.46% $60.56B
21 GEN Gen Digital Inc. Technology 80.28% $12.19B
22 DBX Dropbox, Inc. Technology 80.13% $5.79B
23 CCSI Consensus Cloud Solutions, Inc. Technology 79.81% $0.52B
24 RMBS Rambus Inc. Technology 79.59% $13.73B
25 ATEN A10 Networks, Inc. Technology 79.34% $1.98B
26 CRM Salesforce, Inc. Technology 77.68% $149.00B
27 EVCM EverCommerce Inc. Technology 77.57% $2.17B
28 NOW ServiceNow, Inc. Technology 77.53% $100.15B
29 SNCR Synchronoss Technologies, Inc. Technology 77.51% $0.10B
30 VTEX VTEX Technology 77.47% $0.73B
31 MNTN MNTN, Inc. Technology 77.20% $0.74B
32 NABL N-able, Inc. Technology 77.11% $0.98B
33 DSGX The Descartes Systems Group Inc. Technology 77.08% $6.57B
34 ZM Zoom Communications, Inc. Technology 77.02% $25.94B
35 SNPS Synopsys, Inc. Technology 76.98% $86.12B
36 ACFN Acorn Energy, Inc. Technology 76.80% $0.05B
37 YYAI AiRWA Inc. Technology 76.78% $0.04B
38 BB BlackBerry Limited Technology 76.16% $2.86B
39 PEGA Pegasystems Inc. Technology 75.86% $7.37B
40 ALAB Astera Labs, Inc. Technology 75.69% $29.63B
41 YEXT Yext, Inc. Technology 74.46% $0.46B
42 GRND Grindr Inc. Technology 74.41% $2.44B
43 AVPT AvePoint, Inc. Technology 74.06% $2.17B
44 AMPL Amplitude, Inc. Technology 73.99% $0.93B
45 OSPN OneSpan Inc. Technology 73.75% $0.43B
46 CCC CCC Intelligent Solutions Holdings Inc. Technology 73.49% $3.31B
47 PANW Palo Alto Networks, Inc. Technology 73.41% $136.13B
48 CGNT Cognyte Software Ltd. Technology 72.42% $0.73B
49 PAYX Paychex, Inc. Technology 72.35% $32.95B
50 PDFS PDF Solutions, Inc. Technology 72.32% $1.75B
51 OTEX Open Text Corporation Technology 72.25% $5.88B
52 DUOL Duolingo, Inc. Technology 72.23% $4.72B
53 AIOS AIOS Tech Inc. Technology 71.95% $0.00B
54 VRNT Verint Systems Inc. Technology 71.28% $1.24B
55 RNG RingCentral, Inc. Technology 71.24% $3.40B
56 ALLT Allot Ltd. Technology 71.13% $0.35B
57 NVDA NVIDIA Corporation Technology 71.07% $4900.82B
58 AXIL AXIL Brands, Inc. Technology 71.00% $0.05B
59 ATHR Aether Holdings, Inc. Technology 70.79% $0.04B
60 PSTG Everpure, Inc. Technology 70.38% $22.41B
61 RPD Rapid7, Inc. Technology 70.34% $0.37B
62 NTAP NetApp, Inc. Technology 70.19% $20.63B
63 EGAN eGain Corporation Technology 70.12% $0.22B
64 ROP Roper Technologies, Inc. Technology 69.24% $37.10B
65 SPSC SPS Commerce, Inc. Technology 69.18% $2.13B
66 TRMB Trimble Inc. Technology 69.07% $16.08B
67 MSFT Microsoft Corporation Technology 68.82% $3139.48B
68 PCTY Paylocity Holding Corporation Technology 68.77% $5.43B
69 IT Gartner, Inc. Technology 68.77% $10.44B
70 LSCC Lattice Semiconductor Corporation Technology 68.21% $16.02B
71 WIX Wix.com Ltd. Technology 68.07% $3.98B
72 EGHT 8x8, Inc. Technology 67.86% $0.28B
73 VTSI VirTra, Inc. Technology 67.86% $0.05B
74 THRY Thryv Holdings, Inc. Technology 67.86% $0.14B
75 AVGO Broadcom Inc. Technology 67.77% $1924.83B
76 CXM Sprinklr, Inc. Technology 67.40% $1.36B
77 SGN Signing Day Sports Inc Technology 67.38% $0.01B
78 CWAN Clearwater Analytics Holdings, Inc. Technology 67.29% $7.15B
79 JG Aurora Mobile Limited Technology 67.20% $0.04B
80 CGNX Cognex Corporation Technology 66.92% $9.27B
81 NICE NICE Ltd. Technology 66.41% $6.25B
82 ALRM Alarm.com Holdings, Inc. Technology 66.15% $2.31B
83 CLVT Clarivate Plc Technology 66.05% $1.72B
84 MLNK MeridianLink, Inc. Technology 65.69% $1.48B
85 AUDC AudioCodes Ltd. Technology 65.00% $0.24B
86 CSCO Cisco Systems, Inc. Technology 64.94% $340.68B
87 CRDO Credo Technology Group Holding Ltd Technology 64.77% $29.64B
88 YALA Yalla Group Limited Technology 64.53% $1.10B
89 VERX Vertex, Inc. Technology 64.35% $1.98B
90 ANET Arista Networks, Inc. Technology 64.06% $206.79B
91 APPF AppFolio, Inc. Technology 63.68% $5.63B
92 GDDY GoDaddy Inc. Technology 63.61% $11.43B
93 PUBM PubMatic, Inc. Technology 63.56% $0.46B
94 FTV Fortive Corporation Technology 63.50% $18.63B
95 DFIN Donnelley Financial Solutions, Inc. Technology 63.44% $1.50B
96 YMM Full Truck Alliance Co. Ltd. Technology 63.02% $9.21B
97 DGII Digi International Inc. Technology 62.92% $2.07B
98 HIT Health In Tech, Inc. Technology 62.82% $0.10B
99 MLAB Mesa Laboratories, Inc. Technology 62.61% $0.57B
100 GWRE Guidewire Software, Inc. Technology 62.54% $11.88B

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.