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Top Technology Stocks by Share Buybacks

Top technology companies ranked by share buybacks, latest annual filings.

What Share Buybacks Mean for Technology Companies

Share buybacks have become the dominant capital-return tool for mature technology platforms, which generate more free cash flow than they can reinvest at attractive returns. Mega-cap platform firms commit tens of billions annually to repurchases, while younger growth companies tend to do little or none. The buyback line therefore separates the cash-machine stage of the sector from the growth-and-reinvestment stage more clearly than almost any other indicator.

Why It Matters in Technology

Tech firms pay a large share of engineering compensation in equity, which steadily dilutes owners. Buybacks here often function as dilution offset rather than genuine capital return, and the gross figure can sharply overstate the net economic effect. Still, sustained programs at mature platforms signal compounding cash generation, and for firms whose growth investment is fully funded from operating cash, buybacks are a reasonable use of surplus capital.

What to Read Alongside

Pair buybacks with Free Cash Flow to see whether programs are genuinely self-funded from operating cash, Net Income for the EPS accretion context, and Return on Equity since buybacks inflate ROE mechanically.

Data as of FY 2025 100 companies Rhea AI
# Symbol Company Sector
1 AAPL Apple Inc. Technology $90.71B $4669.70B
2 NVDA NVIDIA Corporation Technology $40.09B $5450.70B
3 MSFT Microsoft Corporation Technology $22.27B $3667.85B
4 CRM Salesforce, Inc. Technology $12.60B $205.03B
5 ADBE Adobe Inc. Technology $11.28B $102.26B
6 QCOM QUALCOMM Incorporated Technology $8.79B $185.94B
7 UBER Uber Technologies, Inc. Technology $6.52B $149.37B
8 CSCO Cisco Systems, Inc. Technology $6.11B $430.41B
9 DELL Dell Technologies Inc. Technology $6.01B $338.67B
10 INTU Intuit Inc. Technology $5.41B $87.24B
11 AMAT Applied Materials, Inc. Technology $4.89B $360.86B
12 ACN Accenture plc Technology $4.62B $109.56B
13 SNDK Sandisk Corporation Technology $4.52B $254.47B
14 LRCX Lam Research Corporation Technology $3.85B $400.95B
15 WDAY Workday, Inc. Technology $2.90B $44.89B
16 WDC Western Digital Corporation Technology $2.59B $172.09B
17 AVGO Broadcom Inc. Technology $2.45B $1753.45B
18 XYZ Block, Inc. Technology $2.33B $48.12B
19 FTNT Fortinet, Inc. Technology $2.29B $115.54B
20 KLAC KLA Corporation Technology $2.29B $246.91B
21 ADI Analog Devices, Inc. Technology $2.16B $175.99B
22 ADP Automatic Data Processing, Inc. Technology $2.08B $106.45B
23 MRVL Marvell Technology, Inc. Technology $2.04B $202.58B
24 IT Gartner, Inc. Technology $1.99B $10.90B
25 NOW ServiceNow, Inc. Technology $1.84B $138.75B
26 TEAM Atlassian Corporation Technology $1.80B $44.66B
27 DBX Dropbox, Inc. Technology $1.71B $7.35B
28 ZM Zoom Communications, Inc. Technology $1.62B $28.14B
29 FTV Fortive Corporation Technology $1.61B $17.07B
30 ANET Arista Networks, Inc. Technology $1.60B $245.89B
31 GDDY GoDaddy Inc. Technology $1.60B $11.76B
32 TXN Texas Instruments Incorporated Technology $1.48B $236.46B
33 FIS Fidelity National Information Services, Inc. Technology $1.43B $20.33B
34 FICO Fair Isaac Corporation Technology $1.41B $20.16B
35 ADSK Autodesk, Inc. Technology $1.40B $44.35B
36 CHKP Check Point Software Technologies Ltd. Technology $1.40B $13.57B
37 CTSH Cognizant Technology Solutions Corporation Technology $1.38B $26.99B
38 ON ON Semiconductor Corporation Technology $1.38B $27.67B
39 TEL TE Connectivity plc Technology $1.35B $59.35B
40 AMD Advanced Micro Devices, Inc. Technology $1.32B $825.61B
41 MSI Motorola Solutions, Inc. Technology $1.15B $76.62B
42 SSNC SS&C Technologies Holdings, Inc. Technology $1.04B $18.88B
43 JBL Jabil Inc. Technology $1.00B $32.73B
44 NTAP NetApp, Inc. Technology $0.95B $37.15B
45 FLEX Flex Ltd. Technology $0.94B $42.23B
46 CDNS Cadence Design Systems, Inc. Technology $0.93B $78.24B
47 NXPI NXP Semiconductors N.V. Technology $0.90B $56.45B
48 VRSN VeriSign, Inc. Technology $0.88B $25.51B
49 SNOW Snowflake Inc. Technology $0.87B $118.36B
50 DOCU DocuSign, Inc. Technology $0.87B $12.16B
51 TWLO Twilio Inc. Technology $0.87B $34.69B
52 TRMB Trimble Inc. Technology $0.86B $13.71B
53 HPQ HP Inc. Technology $0.85B $28.11B
54 SWKS Skyworks Solutions, Inc. Technology $0.83B $11.34B
55 AKAM Akamai Technologies, Inc. Technology $0.80B $15.18B
56 WEX WEX Inc. Technology $0.80B $6.38B
57 CPAY Corpay, Inc. Technology $0.78B $26.73B
58 TER Teradyne, Inc. Technology $0.70B $58.17B
59 EEFT Euronet Worldwide, Inc. Technology $0.67B $2.69B
60 APH Amphenol Corporation Technology $0.67B $201.62B
61 EPAM EPAM Systems, Inc. Technology $0.66B $5.95B
62 CDW CDW Corporation Technology $0.65B $18.06B
63 GEN Gen Digital Inc. Technology $0.63B $17.84B
64 PAYX Paychex, Inc. Technology $0.61B $41.62B
65 BR Broadridge Financial Solutions, Inc. Technology $0.60B $19.23B
66 CCC CCC Intelligent Solutions Holdings Inc. Technology $0.60B $4.17B
67 SNX TD SYNNEX Corporation Technology $0.60B $20.68B
68 ZBRA Zebra Technologies Corporation Technology $0.59B $16.68B
69 WIX Wix.com Ltd. Technology $0.57B $3.04B
70 DOX Amdocs Limited Technology $0.56B $6.26B
71 BILL BILL Holdings, Inc. Technology $0.56B $4.06B
72 LOGI Logitech International S.A. Technology $0.53B $14.11B
73 QRVO Qorvo, Inc. Technology $0.53B $9.18B
74 FFIV F5, Inc. Technology $0.50B $22.06B
75 HUBS HubSpot, Inc. Technology $0.50B $11.99B
76 ROP Roper Technologies, Inc. Technology $0.50B $39.13B
77 LYFT Lyft, Inc. Technology $0.50B $6.15B
78 PEGA Pegasystems Inc. Technology $0.50B $5.89B
79 NICE NICE Ltd. Technology $0.49B $5.95B
80 DT Dynatrace, Inc. Technology $0.48B $14.53B
81 WSE Wise Group plc Technology $0.47B $12.21B
82 FOUR Shift4 Payments, Inc. Technology $0.45B $3.34B
83 GRND Grindr Inc. Technology $0.45B $2.69B
84 JKHY Jack Henry & Associates, Inc. Technology $0.45B $11.21B
85 CVLT Commvault Systems, Inc. Technology $0.45B $5.53B
86 SAIC Science Applications International Corporation Technology $0.45B $5.34B
87 OTEX Open Text Corporation Technology $0.42B $5.66B
88 GTM ZoomInfo Technologies Inc. Technology $0.41B $1.14B
89 TDY Teledyne Technologies Incorporated Technology $0.40B $28.05B
90 MDB MongoDB, Inc. Technology $0.40B $28.68B
91 LDOS Leidos Holdings, Inc. Technology $0.40B $16.22B
92 PCTY Paylocity Holding Corporation Technology $0.40B $7.62B
93 MQ Marqeta, Inc. Technology $0.39B $1.69B
94 FRSH Freshworks Inc. Technology $0.39B $3.16B
95 KEYS Keysight Technologies, Inc. Technology $0.38B $56.76B
96 STM STMicroelectronics N.V. Technology $0.37B $46.35B
97 P Everpure, Inc. Technology $0.34B $33.70B
98 ESTC Elastic N.V. Technology $0.34B $9.28B
99 CIEN Ciena Corporation Technology $0.33B $48.40B
100 RNG RingCentral, Inc. Technology $0.33B $5.86B

How this ranking is built

Companies are ranked by share buybacks 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.