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 | HKD | AMTD Digital Inc. | Technology | 71.27% | $0.56B |
| 2 | HTCR | HeartCore Enterprises, Inc. | Technology | 64.60% | $0.01B |
| 3 | MYSZ | My Size, Inc. | Technology | 62.51% | $0.00B |
| 4 | NVEC | NVE Corporation | Technology | 57.72% | $0.53B |
| 5 | NVDA | NVIDIA Corporation | Technology | 55.60% | $5296.16B |
| 6 | JTAI | Jet.AI Inc. | Technology | 50.01% | $0.01B |
| 7 | VRSN | VeriSign, Inc. | Technology | 49.84% | $26.73B |
| 8 | IDCC | InterDigital, Inc. | Technology | 48.75% | $6.75B |
| 9 | GOAI | Eva Live, Inc. | Technology | 47.70% | $0.11B |
| 10 | LYFT | Lyft, Inc. | Technology | 45.03% | $5.36B |
| 11 | TSM | Taiwan Semiconductor Manufacturing Company Limited | Technology | 44.50% | $2307.57B |
| 12 | YALA | Yalla Group Limited | Technology | 43.32% | $0.82B |
| 13 | DUOL | Duolingo, Inc. | Technology | 39.91% | $5.09B |
| 14 | ZM | Zoom Communications, Inc. | Technology | 39.03% | $30.85B |
| 15 | CHKP | Check Point Software Technologies Ltd. | Technology | 38.78% | $14.20B |
| 16 | EGAN | eGain Corporation | Technology | 36.47% | $0.21B |
| 17 | PLTR | Palantir Technologies Inc. | Technology | 36.31% | $339.70B |
| 18 | AVGO | Broadcom Inc. | Technology | 36.20% | $1983.40B |
| 19 | MSFT | Microsoft Corporation | Technology | 36.15% | $3179.74B |
| 20 | YMM | Full Truck Alliance Co. Ltd. | Technology | 35.70% | $9.20B |
| 21 | DAVE | Dave Inc. | Technology | 35.37% | $3.33B |
| 22 | PD | PagerDuty, Inc. | Technology | 35.06% | $0.73B |
| 23 | AWRE | Aware, Inc. | Technology | 33.96% | $0.03B |
| 24 | FEIM | Frequency Electronics, Inc. | Technology | 33.93% | $0.71B |
| 25 | KLAC | KLA Corporation | Technology | 33.41% | $278.38B |
| 26 | FICO | Fair Isaac Corporation | Technology | 32.75% | $27.06B |
| 27 | MRVL | Marvell Technology, Inc. | Technology | 32.58% | $276.81B |
| 28 | RMBS | Rambus Inc. | Technology | 32.57% | $18.31B |
| 29 | TRAK | ReposiTrak, Inc. | Technology | 30.87% | $0.18B |
| 30 | LIF | Life360, Inc. | Technology | 30.81% | $3.87B |
| 31 | NTAP | NetApp, Inc. | Technology | 30.54% | $35.30B |
| 32 | MLGO | MicroAlgo Inc. | Technology | 30.22% | $0.06B |
| 33 | ADBE | Adobe Inc. | Technology | 30.00% | $104.45B |
| 34 | OSPN | OneSpan Inc. | Technology | 29.98% | $0.55B |
| 35 | PAYX | Paychex, Inc. | Technology | 29.74% | $35.64B |
| 36 | QLYS | Qualys, Inc. | Technology | 29.64% | $3.93B |
| 37 | NVMI | Nova Ltd. | Technology | 29.44% | $16.55B |
| 38 | FSLR | First Solar, Inc. | Technology | 29.28% | $33.84B |
| 39 | LRCX | Lam Research Corporation | Technology | 29.06% | $420.70B |
| 40 | DOCN | DigitalOcean Holdings, Inc. | Technology | 28.76% | $18.84B |
| 41 | TXN | Texas Instruments Incorporated | Technology | 28.28% | $277.92B |
| 42 | UI | Ubiquiti Inc. | Technology | 27.66% | $35.18B |
| 43 | ESE | ESCO Technologies Inc. | Technology | 27.32% | $7.56B |
| 44 | FTNT | Fortinet, Inc. | Technology | 27.26% | $109.66B |
| 45 | AAPL | Apple Inc. | Technology | 26.92% | $4571.15B |
| 46 | SKYT | SkyWater Technology, Inc. | Technology | 26.89% | $1.87B |
| 47 | PTC | PTC Inc. | Technology | 26.80% | $16.03B |
| 48 | VICR | Vicor Corporation | Technology | 26.19% | $13.95B |
| 49 | FATN | FatPipe, Inc. | Technology | 25.87% | $0.11B |
| 50 | ALAB | Astera Labs, Inc. | Technology | 25.70% | $61.37B |
| 51 | FORTY | Formula Systems (1985) Ltd. | Technology | 25.47% | $2.12B |
| 52 | ADEA | Adeia Inc. | Technology | 25.05% | $3.57B |
| 53 | AMAT | Applied Materials, Inc. | Technology | 24.67% | $398.33B |
| 54 | CCSI | Consensus Cloud Solutions, Inc. | Technology | 24.17% | $0.63B |
| 55 | CPAY | Corpay, Inc. | Technology | 23.63% | $23.35B |
| 56 | GRMN | Garmin Ltd. | Technology | 22.96% | $46.66B |
| 57 | MU | Micron Technology, Inc. | Technology | 22.84% | $1123.22B |
| 58 | PEGA | Pegasystems Inc. | Technology | 22.54% | $5.92B |
| 59 | DSGX | The Descartes Systems Group Inc. | Technology | 22.46% | $6.68B |
| 60 | FFIV | F5, Inc. | Technology | 22.42% | $23.06B |
| 61 | MPWR | Monolithic Power Systems, Inc. | Technology | 22.27% | $81.19B |
| 62 | PAYC | Paycom Software, Inc. | Technology | 22.10% | $6.39B |
| 63 | FRSH | Freshworks Inc. | Technology | 21.90% | $2.65B |
| 64 | ACFN | Acorn Energy, Inc. | Technology | 21.87% | $0.04B |
| 65 | ORCL | Oracle Corporation | Technology | 21.68% | $679.72B |
| 66 | GRND | Grindr Inc. | Technology | 21.54% | $1.90B |
| 67 | CTLP | Cantaloupe Inc | Technology | 21.33% | $0.83B |
| 68 | CDNS | Cadence Design Systems, Inc. | Technology | 20.94% | $113.55B |
| 69 | NICE | NICE Ltd. | Technology | 20.78% | $5.49B |
| 70 | CRUS | Cirrus Logic, Inc. | Technology | 20.75% | $8.86B |
| 71 | ADI | Analog Devices, Inc. | Technology | 20.58% | $208.84B |
| 72 | INTU | Intuit Inc. | Technology | 20.55% | $82.60B |
| 73 | MANH | Manhattan Associates, Inc. | Technology | 20.34% | $8.91B |
| 74 | DBX | Dropbox, Inc. | Technology | 20.17% | $6.35B |
| 75 | WDC | Western Digital Corporation | Technology | 19.84% | $198.36B |
| 76 | ADP | Automatic Data Processing, Inc. | Technology | 19.84% | $92.46B |
| 77 | GEN | Gen Digital Inc. | Technology | 19.46% | $15.98B |
| 78 | ROP | Roper Technologies, Inc. | Technology | 19.44% | $33.48B |
| 79 | UBER | Uber Technologies, Inc. | Technology | 19.33% | $146.99B |
| 80 | JKHY | Jack Henry & Associates, Inc. | Technology | 19.19% | $9.29B |
| 81 | SABR | Sabre Corporation | Technology | 18.93% | $0.73B |
| 82 | SNPS | Synopsys, Inc. | Technology | 18.89% | $94.68B |
| 83 | YOU | Clear Secure, Inc. | Technology | 18.67% | $5.49B |
| 84 | UPLD | Upland Software, Inc. | Technology | 18.63% | $0.02B |
| 85 | BSY | Bentley Systems, Incorporated | Technology | 18.50% | $10.04B |
| 86 | APH | Amphenol Corporation | Technology | 18.49% | $180.56B |
| 87 | MSI | Motorola Solutions, Inc. | Technology | 18.44% | $68.18B |
| 88 | ARM | Arm Holdings plc | Technology | 18.37% | $420.22B |
| 89 | DLO | DLocal Limited | Technology | 18.01% | $3.46B |
| 90 | TUYA | Tuya Inc. | Technology | 17.99% | $1.23B |
| 91 | CSCO | Cisco Systems, Inc. | Technology | 17.97% | $512.39B |
| 92 | CRM | Salesforce, Inc. | Technology | 17.96% | $154.59B |
| 93 | RAMP | LiveRamp Holdings, Inc. | Technology | 17.95% | $2.25B |
| 94 | GDDY | GoDaddy Inc. | Technology | 17.67% | $11.23B |
| 95 | PATH | UiPath, Inc. | Technology | 17.53% | $6.07B |
| 96 | TER | Teradyne, Inc. | Technology | 17.37% | $63.69B |
| 97 | FIEE | FiEE, Inc. | Technology | 17.32% | $0.04B |
| 98 | UMC | United Microelectronics Corporation | Technology | 16.91% | $52.17B |
| 99 | LGL | The LGL Group, Inc. | Technology | 16.50% | $0.05B |
| 100 | CLBT | Cellebrite DI Ltd. | Technology | 16.47% | $3.56B |
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.