Top Technology Stocks by Net Margin
Top technology companies ranked by net margin, latest annual filings.
What Net Margin Means for Technology Companies
Net margin in technology shows how much of each revenue dollar a software, platform, or hardware business actually keeps after research investment, sales and marketing, stock-based compensation, interest, and tax. The sector spans some of the highest-margin businesses in the listed universe, in mature software and platform franchises, and some of the lowest, in growth-stage firms that deliberately run negative bottom lines while reinvesting aggressively in product and go-to-market.
Why It Matters in Technology
Within mature software, a consistently strong net margin reflects durable pricing, disciplined research spend, and operating leverage at scale. In growth-stage technology, net margin can be negative for years without signaling a failing business. It is worth noting that stock-based compensation sits inside GAAP net income and many technology firms report an adjusted figure that excludes it, so the headline net margin and the non-GAAP version can paint quite different pictures.
What to Read Alongside
Pair net margin with [Gross Margin](/financials/top-gross-margin-stocks/technology/) for the top of the stack, [Operating Margin](/financials/top-operating-margin-stocks/technology/) for the middle layer, and [Free Cash Flow](/financials/top-free-cash-flow-stocks/technology/) to confirm the reported profitability actually translates into cash.
| # | Symbol | Company | Sector | ||
|---|---|---|---|---|---|
| 1 | CHKP | Check Point Software Technologies Ltd. | Technology | 92.49% | $14.34B |
| 2 | HTCR | HeartCore Enterprises, Inc. | Technology | 80.31% | $0.00B |
| 3 | HKD | AMTD Digital Inc. | Technology | 71.27% | $0.57B |
| 4 | NVEC | NVE Corporation | Technology | 58.22% | $0.39B |
| 5 | NVDA | NVIDIA Corporation | Technology | 55.60% | $4819.90B |
| 6 | JTAI | Jet.AI Inc. | Technology | 50.01% | $0.00B |
| 7 | VRSN | VeriSign, Inc. | Technology | 49.84% | $24.95B |
| 8 | IDCC | InterDigital, Inc. | Technology | 48.76% | $9.64B |
| 9 | GOAI | Eva Live, Inc. | Technology | 47.70% | $0.14B |
| 10 | PATH | UiPath, Inc. | Technology | 46.56% | $5.56B |
| 11 | LYFT | Lyft, Inc. | Technology | 45.03% | $5.62B |
| 12 | TSM | Taiwan Semiconductor Manufacturing Company Limited | Technology | 44.50% | $1884.52B |
| 13 | JFU | 9F Inc. | Technology | 40.00% | $0.04B |
| 14 | DUOL | Duolingo, Inc. | Technology | 39.91% | $4.86B |
| 15 | YALA | Yalla Group Limited | Technology | 39.49% | $1.10B |
| 16 | ZM | Zoom Communications, Inc. | Technology | 39.03% | $25.54B |
| 17 | ANET | Arista Networks, Inc. | Technology | 38.99% | $202.32B |
| 18 | BTCM | BIT Mining Limited | Technology | 36.67% | $0.05B |
| 19 | EGAN | eGain Corporation | Technology | 36.47% | $0.22B |
| 20 | PLTR | Palantir Technologies Inc. | Technology | 36.31% | $341.44B |
| 21 | AVGO | Broadcom Inc. | Technology | 36.20% | $1886.62B |
| 22 | MSFT | Microsoft Corporation | Technology | 36.15% | $3120.69B |
| 23 | DAVE | Dave Inc. | Technology | 35.34% | $3.09B |
| 24 | YMM | Full Truck Alliance Co. Ltd. | Technology | 35.29% | $9.14B |
| 25 | PD | PagerDuty, Inc. | Technology | 35.20% | $0.54B |
| 26 | FEIM | Frequency Electronics, Inc. | Technology | 33.93% | $0.58B |
| 27 | KLAC | KLA Corporation | Technology | 33.41% | $227.40B |
| 28 | FICO | Fair Isaac Corporation | Technology | 32.75% | $25.38B |
| 29 | MRVL | Marvell Technology, Inc. | Technology | 32.58% | $116.63B |
| 30 | RMBS | Rambus Inc. | Technology | 32.57% | $12.98B |
| 31 | TRAK | ReposiTrak, Inc. | Technology | 30.87% | $0.14B |
| 32 | LIF | Life360, Inc. | Technology | 30.81% | $3.69B |
| 33 | MLGO | MicroAlgo Inc. | Technology | 30.22% | $0.04B |
| 34 | ADBE | Adobe Inc. | Technology | 30.00% | $100.30B |
| 35 | OSPN | OneSpan Inc. | Technology | 29.98% | $0.42B |
| 36 | PAYX | Paychex, Inc. | Technology | 29.74% | $33.01B |
| 37 | QLYS | Qualys, Inc. | Technology | 29.64% | $3.00B |
| 38 | NVMI | Nova Ltd. | Technology | 29.44% | $16.34B |
| 39 | FSLR | First Solar, Inc. | Technology | 29.28% | $20.59B |
| 40 | LRCX | Lam Research Corporation | Technology | 29.06% | $325.88B |
| 41 | DOCN | DigitalOcean Holdings, Inc. | Technology | 28.76% | $9.19B |
| 42 | DT | Dynatrace, Inc. | Technology | 28.47% | $10.62B |
| 43 | TXN | Texas Instruments Incorporated | Technology | 28.28% | $203.12B |
| 44 | UI | Ubiquiti Inc. | Technology | 27.66% | $62.89B |
| 45 | ESE | ESCO Technologies Inc. | Technology | 27.32% | $7.76B |
| 46 | FTNT | Fortinet, Inc. | Technology | 27.26% | $60.97B |
| 47 | YYAI | AiRWA Inc. | Technology | 27.24% | $0.04B |
| 48 | AAPL | Apple Inc. | Technology | 26.92% | $3867.01B |
| 49 | SKYT | SkyWater Technology, Inc. | Technology | 26.89% | $1.56B |
| 50 | PTC | PTC Inc. | Technology | 26.80% | $16.45B |
| 51 | VICR | Vicor Corporation | Technology | 26.19% | $9.22B |
| 52 | ALAB | Astera Labs, Inc. | Technology | 25.70% | $29.07B |
| 53 | ADEA | Adeia Inc. | Technology | 25.05% | $3.09B |
| 54 | AMAT | Applied Materials, Inc. | Technology | 24.67% | $309.43B |
| 55 | CCSI | Consensus Cloud Solutions, Inc. | Technology | 24.17% | $0.50B |
| 56 | CPAY | Corpay, Inc. | Technology | 23.62% | $21.96B |
| 57 | TOYO | TOYO Co., Ltd. | Technology | 23.18% | $0.46B |
| 58 | GRMN | Garmin Ltd. | Technology | 22.96% | $50.88B |
| 59 | MU | Micron Technology, Inc. | Technology | 22.84% | $515.63B |
| 60 | PEGA | Pegasystems Inc. | Technology | 22.54% | $7.32B |
| 61 | DSGX | The Descartes Systems Group Inc. | Technology | 22.46% | $6.52B |
| 62 | FFIV | F5, Inc. | Technology | 22.42% | $17.41B |
| 63 | MPWR | Monolithic Power Systems, Inc. | Technology | 22.27% | $68.90B |
| 64 | PAYC | Paycom Software, Inc. | Technology | 22.10% | $5.98B |
| 65 | FRSH | Freshworks Inc. | Technology | 21.90% | $2.35B |
| 66 | ACFN | Acorn Energy, Inc. | Technology | 21.87% | $0.05B |
| 67 | ORCL | Oracle Corporation | Technology | 21.68% | $512.91B |
| 68 | MNDO | MIND C.T.I. Ltd | Technology | 21.59% | $0.02B |
| 69 | GRND | Grindr Inc. | Technology | 21.54% | $2.40B |
| 70 | CTLP | Cantaloupe, Inc. | Technology | 21.33% | $0.80B |
| 71 | UMC | United Microelectronics Corporation | Technology | 20.95% | $26.72B |
| 72 | CDNS | Cadence Design Systems, Inc. | Technology | 20.94% | $84.75B |
| 73 | NICE | NICE Ltd. | Technology | 20.78% | $6.24B |
| 74 | ADI | Analog Devices, Inc. | Technology | 20.58% | $172.73B |
| 75 | INTU | Intuit Inc. | Technology | 20.55% | $107.06B |
| 76 | MANH | Manhattan Associates, Inc. | Technology | 20.34% | $7.70B |
| 77 | DBX | Dropbox, Inc. | Technology | 20.17% | $5.75B |
| 78 | WDC | Western Digital Corporation | Technology | 19.84% | $122.63B |
| 79 | ADP | Automatic Data Processing, Inc. | Technology | 19.84% | $80.69B |
| 80 | ARM | Arm Holdings plc | Technology | 19.77% | $172.39B |
| 81 | ROP | Roper Technologies, Inc. | Technology | 19.44% | $37.05B |
| 82 | UBER | Uber Technologies, Inc. | Technology | 19.33% | $155.78B |
| 83 | JKHY | Jack Henry & Associates, Inc. | Technology | 19.19% | $11.12B |
| 84 | SABR | Sabre Corporation | Technology | 18.93% | $0.69B |
| 85 | SNPS | Synopsys, Inc. | Technology | 18.89% | $84.51B |
| 86 | BSY | Bentley Systems, Incorporated | Technology | 18.50% | $10.51B |
| 87 | APH | Amphenol Corporation | Technology | 18.49% | $183.14B |
| 88 | MSI | Motorola Solutions, Inc. | Technology | 18.44% | $73.87B |
| 89 | NTAP | NetApp, Inc. | Technology | 18.05% | $20.46B |
| 90 | DLO | DLocal Limited | Technology | 18.01% | $3.98B |
| 91 | CSCO | Cisco Systems, Inc. | Technology | 17.97% | $333.77B |
| 92 | CRM | Salesforce, Inc. | Technology | 17.96% | $167.27B |
| 93 | GDDY | GoDaddy Inc. | Technology | 17.67% | $11.24B |
| 94 | CRUS | Cirrus Logic, Inc. | Technology | 17.48% | $8.41B |
| 95 | TER | Teradyne, Inc. | Technology | 17.37% | $57.29B |
| 96 | FIEE | FiEE, Inc. | Technology | 17.32% | $0.06B |
| 97 | NXT | Nextpower Inc. | Technology | 17.21% | $15.86B |
| 98 | OSS | One Stop Systems, Inc. | Technology | 16.68% | $0.24B |
| 99 | PAYS | Paysign, Inc. | Technology | 16.55% | $0.32B |
| 100 | LGL | The LGL Group, Inc. | Technology | 16.50% | $0.05B |
No companies match this search.
How this ranking is built
Companies are ranked by net 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.