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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](/financials/top-free-cash-flow-stocks/technology/) to see whether programs are genuinely self-funded from operating cash, [Net Income](/financials/top-net-income-stocks/technology/) for the EPS accretion context, and [Return on Equity](/financials/top-roe-stocks/technology/) since buybacks inflate ROE mechanically.

Data as of FY 2025 100 companies Rhea AI
# Symbol Company Sector
1 AAPL Apple Inc. Technology $90.71B $4556.90B
2 NVDA NVIDIA Corporation Technology $40.09B $5201.46B
3 MSFT Microsoft Corporation Technology $18.42B $3174.47B
4 CRM Salesforce, Inc. Technology $12.60B $156.11B
5 ADBE Adobe Inc. Technology $11.28B $103.57B
6 QCOM QUALCOMM Incorporated Technology $8.79B $263.51B
7 UBER Uber Technologies, Inc. Technology $6.52B $145.93B
8 DELL Dell Technologies Inc. Technology $6.01B $273.52B
9 CSCO Cisco Systems, Inc. Technology $6.00B $498.59B
10 AMAT Applied Materials, Inc. Technology $4.89B $397.59B
11 ACN Accenture plc Technology $4.62B $108.93B
12 LRCX Lam Research Corporation Technology $3.42B $429.83B
13 WDAY Workday, Inc. Technology $2.90B $36.28B
14 INTU Intuit Inc. Technology $2.77B $85.19B
15 AVGO Broadcom Inc. Technology $2.45B $2269.00B
16 XYZ Block, Inc. Technology $2.33B $41.54B
17 FTNT Fortinet, Inc. Technology $2.29B $107.32B
18 ADI Analog Devices, Inc. Technology $2.16B $213.18B
19 KLAC KLA Corporation Technology $2.15B $277.60B
20 MRVL Marvell Technology, Inc. Technology $2.04B $263.88B
21 IT Gartner, Inc. Technology $1.99B $11.03B
22 NOW ServiceNow, Inc. Technology $1.84B $121.59B
23 DBX Dropbox, Inc. Technology $1.71B $6.44B
24 ZM Zoom Communications, Inc. Technology $1.62B $31.14B
25 FTV Fortive Corporation Technology $1.61B $18.47B
26 ANET Arista Networks, Inc. Technology $1.60B $219.56B
27 GDDY GoDaddy Inc. Technology $1.60B $11.12B
28 TXN Texas Instruments Incorporated Technology $1.48B $280.85B
29 FIS Fidelity National Information Services, Inc. Technology $1.43B $21.12B
30 FICO Fair Isaac Corporation Technology $1.41B $27.24B
31 ADSK Autodesk, Inc. Technology $1.40B $48.48B
32 CHKP Check Point Software Technologies Ltd. Technology $1.40B $14.11B
33 CTSH Cognizant Technology Solutions Corporation Technology $1.38B $25.31B
34 ON ON Semiconductor Corporation Technology $1.38B $52.07B
35 TEL TE Connectivity plc Technology $1.35B $63.75B
36 AMD Advanced Micro Devices, Inc. Technology $1.32B $884.63B
37 ADP Automatic Data Processing, Inc. Technology $1.28B $91.04B
38 MSI Motorola Solutions, Inc. Technology $1.15B $67.79B
39 NTAP NetApp, Inc. Technology $1.15B $35.73B
40 SSNC SS&C Technologies Holdings, Inc. Technology $1.04B $16.37B
41 JBL Jabil Inc. Technology $1.00B $39.99B
42 FLEX Flex Ltd. Technology $0.94B $59.33B
43 CDNS Cadence Design Systems, Inc. Technology $0.93B $112.53B
44 NXPI NXP Semiconductors N.V. Technology $0.90B $81.27B
45 VRSN VeriSign, Inc. Technology $0.88B $27.03B
46 SNOW Snowflake Inc. Technology $0.87B $83.63B
47 DOCU DocuSign, Inc. Technology $0.87B $10.18B
48 TWLO Twilio Inc. Technology $0.87B $34.49B
49 TRMB Trimble Inc. Technology $0.86B $12.94B
50 HPQ HP Inc. Technology $0.85B $23.81B
51 SWKS Skyworks Solutions, Inc. Technology $0.83B $12.13B
52 AKAM Akamai Technologies, Inc. Technology $0.80B $23.31B
53 WEX WEX Inc. Technology $0.80B $5.06B
54 CPAY Corpay, Inc. Technology $0.78B $23.02B
55 TEAM Atlassian Corporation Technology $0.78B $25.77B
56 TER Teradyne, Inc. Technology $0.70B $64.13B
57 EEFT Euronet Worldwide, Inc. Technology $0.67B $2.65B
58 APH Amphenol Corporation Technology $0.67B $181.61B
59 EPAM EPAM Systems, Inc. Technology $0.66B $5.08B
60 CDW CDW Corporation Technology $0.65B $17.54B
61 GEN Gen Digital Inc. Technology $0.63B $15.96B
62 CCCS CCC Intelligent Solutions Holdings Inc. Technology $0.60B $5.70B
63 ORCL Oracle Corporation Technology $0.60B $662.44B
64 SNX TD SYNNEX Corporation Technology $0.60B $22.45B
65 ZBRA Zebra Technologies Corporation Technology $0.59B $11.88B
66 WIX Wix.com Ltd. Technology $0.57B $2.30B
67 DOX Amdocs Limited Technology $0.56B $6.46B
68 LOGI Logitech International S.A. Technology $0.53B $17.09B
69 QRVO Qorvo, Inc. Technology $0.53B $9.22B
70 FFIV F5, Inc. Technology $0.50B $22.89B
71 HUBS HubSpot, Inc. Technology $0.50B $11.39B
72 ROP Roper Technologies, Inc. Technology $0.50B $33.47B
73 LYFT Lyft, Inc. Technology $0.50B $5.35B
74 PEGA Pegasystems Inc. Technology $0.50B $5.87B
75 NICE NICE Ltd. Technology $0.49B $5.56B
76 DQ Daqo New Energy Corp. Technology $0.49B $1.09B
77 DT Dynatrace, Inc. Technology $0.48B $12.66B
78 FOUR Shift4 Payments, Inc. Technology $0.45B $3.19B
79 GRND Grindr Inc. Technology $0.45B $1.94B
80 CVLT Commvault Systems, Inc. Technology $0.45B $4.99B
81 SAIC Science Applications International Corporation Technology $0.45B $4.85B
82 BILL BILL Holdings, Inc. Technology $0.43B $3.51B
83 OTEX Open Text Corporation Technology $0.41B $5.75B
84 GTM ZoomInfo Technologies Inc. Technology $0.41B $0.92B
85 TDY Teledyne Technologies Incorporated Technology $0.40B $28.63B
86 MDB MongoDB, Inc. Technology $0.40B $29.62B
87 LDOS Leidos Holdings, Inc. Technology $0.40B $15.64B
88 MQ Marqeta, Inc. Technology $0.39B $1.64B
89 FRSH Freshworks Inc. Technology $0.39B $2.64B
90 KEYS Keysight Technologies, Inc. Technology $0.38B $59.84B
91 STM STMicroelectronics N.V. Technology $0.37B $70.85B
92 PSTG Everpure Inc Technology $0.34B $22.41B
93 CIEN Ciena Corporation Technology $0.33B $87.72B
94 RNG RingCentral, Inc. Technology $0.33B $3.69B
95 PATH UiPath, Inc. Technology $0.33B $6.07B
96 EXLS ExlService Holdings, Inc. Technology $0.33B $4.50B
97 PAYC Paycom Software, Inc. Technology $0.33B $6.42B
98 MANH Manhattan Associates, Inc. Technology $0.32B $8.95B
99 NTNX Nutanix, Inc. Technology $0.31B $14.34B
100 KD Kyndryl Holdings, Inc. Technology $0.30B $2.70B

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.
  • 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.