Top Technology Stocks by Total Assets
Top technology companies ranked by total assets, latest annual filings.
What Total Assets Means for Technology Companies
Total assets in technology rarely describes factories. For most of the sector the balance sheet is cash and marketable securities, receivables, capitalized software and, above all, goodwill and intangibles left behind by acquisitions. The code, the brand and the developer community that generate the profits were built internally, so accounting rules keep them off the books entirely, and the recorded base can look modest beside the revenue it supports.
Why It Matters Less in Technology
Ranking the sector by total assets mostly ranks acquisition history and cash piles, not earning power, which is why asset-light franchises sit far below their market value here. The list also mixes two models, since firms that own data centers and chip plants carry a physical base an order larger than a pure software peer of similar revenue. Goodwill from a large deal can dominate a total without adding a single machine.
What to Read Alongside
Pair total assets with Return on Assets to see how hard the base works, Revenue for the scale it supports, and Long-Term Debt to see how much of it is borrowed.
| # | Symbol | Company | Sector | ||
|---|---|---|---|---|---|
| 1 | MSFT | Microsoft Corporation | Technology | $758.38B | $3.95T |
| 2 | AAPL | Apple Inc. | Technology | $359.24B | $5.02T |
| 3 | ORCL | Oracle Corporation | Technology | $261.76B | $382.15B |
| 4 | TSM | Taiwan Semiconductor Manufacturing Company Limited | Technology | $252.88B | $2.20T |
| 5 | SONY | Sony Group Corporation | Technology | $235.44B | $152.01B |
| 6 | INTC | Intel Corporation | Technology | $211.43B | $478.23B |
| 7 | NVDA | NVIDIA Corporation | Technology | $206.80B | $5.22T |
| 8 | MU | Micron Technology, Inc. | Technology | $195.89B | $1.02T |
| 9 | AVGO | Broadcom Inc. | Technology | $171.09B | $1.57T |
| 10 | IBM | International Business Machines Corporation | Technology | $151.88B | $239.53B |
| 11 | CSCO | Cisco Systems, Inc. | Technology | $129.64B | $434.63B |
| 12 | CRM | Salesforce, Inc. | Technology | $112.31B | $203.78B |
| 13 | DELL | Dell Technologies Inc. | Technology | $101.29B | $296.98B |
| 14 | SAP | SAP SE | Technology | $82.58B | $275.34B |
| 15 | AMD | Advanced Micro Devices, Inc. | Technology | $76.93B | $867.30B |
| 16 | HPE | Hewlett Packard Enterprise Company | Technology | $75.91B | $77.95B |
| 17 | ACN | Accenture plc | Technology | $73.60B | $151.29B |
| 18 | ADP | Automatic Data Processing, Inc. | Technology | $63.19B | $119.32B |
| 19 | UBER | Uber Technologies, Inc. | Technology | $61.80B | $135.07B |
| 20 | MSTR | Strategy Inc | Technology | $61.64B | $59.22B |
| 21 | ASML | ASML Holding N.V. | Technology | $59.34B | $613.16B |
| 22 | QCOM | QUALCOMM Incorporated | Technology | $50.14B | $191.78B |
| 23 | CRWV | CoreWeave, Inc. | Technology | $49.30B | $30.44B |
| 24 | PANW | Palo Alto Networks, Inc. | Technology | $48.46B | $319.40B |
| 25 | SNPS | Synopsys, Inc. | Technology | $48.22B | $87.07B |
| 26 | ADI | Analog Devices, Inc. | Technology | $47.99B | $197.67B |
| 27 | NOK | Nokia Oyj | Technology | $44.12B | $48.37B |
| 28 | HPQ | HP Inc. | Technology | $41.77B | $30.74B |
| 29 | XYZ | Block, Inc. | Technology | $39.55B | $44.79B |
| 30 | INTU | Intuit Inc. | Technology | $36.79B | $90.83B |
| 31 | AMAT | Applied Materials, Inc. | Technology | $36.30B | $307.59B |
| 32 | APH | Amphenol Corporation | Technology | $36.24B | $185.61B |
| 33 | TXN | Texas Instruments Incorporated | Technology | $34.59B | $272.26B |
| 34 | ROP | Roper Technologies, Inc. | Technology | $34.58B | $43.68B |
| 35 | SNX | TD SYNNEX Corporation | Technology | $34.25B | $19.98B |
| 36 | FIS | Fidelity National Information Services, Inc. | Technology | $33.49B | $19.01B |
| 37 | WSE | Wise Group plc | Technology | $33.26B | $10.65B |
| 38 | GLW | Corning Incorporated | Technology | $30.98B | $110.03B |
| 39 | SMCI | Super Micro Computer, Inc. | Technology | $29.95B | $21.48B |
| 40 | ADBE | Adobe Inc. | Technology | $29.50B | $100.65B |
| 41 | ARW | Arrow Electronics, Inc. | Technology | $29.08B | $10.92B |
| 42 | ASX | ASE Technology Holding Co., Ltd. | Technology | $28.36B | $103.91B |
| 43 | JBL | Jabil Inc. | Technology | $27.43B | $28.39B |
| 44 | NXPI | NXP Semiconductors N.V. | Technology | $26.56B | $61.99B |
| 45 | CPAY | Corpay, Inc. | Technology | $26.41B | $26.25B |
| 46 | NOW | ServiceNow, Inc. | Technology | $26.04B | $163.54B |
| 47 | TEL | TE Connectivity plc | Technology | $25.08B | $61.92B |
| 48 | STM | STMicroelectronics N.V. | Technology | $24.80B | $40.42B |
| 49 | LRCX | Lam Research Corporation | Technology | $23.53B | $297.21B |
| 50 | RUN | Sunrun Inc. | Technology | $22.61B | $1.75B |
| 51 | SNDK | Sandisk Corporation | Technology | $22.51B | $181.47B |
| 52 | MRVL | Marvell Technology, Inc. | Technology | $22.29B | $210.10B |
| 53 | LPL | LG Display Co., Ltd. | Technology | $22.23B | $2.68B |
| 54 | FLEX | Flex Ltd. | Technology | $22.06B | $28.44B |
| 55 | INGM | Ingram Micro Holding Corporation | Technology | $21.24B | $6.55B |
| 56 | SSNC | SS&C Technologies Holdings, Inc. | Technology | $20.71B | $19.24B |
| 57 | CTSH | Cognizant Technology Solutions Corporation | Technology | $20.69B | $31.23B |
| 58 | ANET | Arista Networks, Inc. | Technology | $19.45B | $223.54B |
| 59 | MSI | Motorola Solutions, Inc. | Technology | $19.39B | $80.37B |
| 60 | COHR | Coherent Corp. | Technology | $18.30B | $43.62B |
| 61 | UMC | United Microelectronics Corporation | Technology | $18.08B | $48.10B |
| 62 | WDAY | Workday, Inc. | Technology | $18.07B | $50.25B |
| 63 | KLAC | KLA Corporation | Technology | $17.95B | $194.72B |
| 64 | GFS | GLOBALFOUNDRIES Inc. | Technology | $17.14B | $25.08B |
| 65 | INFY | Infosys Limited | Technology | $16.45B | $50.35B |
| 66 | PAYX | Paychex, Inc. | Technology | $16.17B | $41.19B |
| 67 | CDW | CDW Corporation | Technology | $16.03B | $20.41B |
| 68 | GEN | Gen Digital Inc. | Technology | $15.59B | $14.61B |
| 69 | AVT | Avnet, Inc. | Technology | $15.43B | $7.37B |
| 70 | TDY | Teledyne Technologies Incorporated | Technology | $15.29B | $29.92B |
| 71 | VSAT | Viasat, Inc. | Technology | $15.23B | $9.15B |
| 72 | SHOP | Shopify Inc. | Technology | $15.19B | $216.39B |
| 73 | CSIQ | Canadian Solar Inc. | Technology | $15.17B | $600.89M |
| 74 | WIT | Wipro Limited | Technology | $15.13B | $20.68B |
| 75 | WEX | WEX Inc. | Technology | $14.40B | $6.55B |
| 76 | MCHP | Microchip Technology Incorporated | Technology | $14.37B | $41.21B |
| 77 | Q | Qnity Electronics, Inc. | Technology | $14.07B | $23.86B |
| 78 | WDC | Western Digital Corporation | Technology | $13.86B | $133.31B |
| 79 | LDOS | Leidos Holdings, Inc. | Technology | $13.49B | $17.55B |
| 80 | FSLR | First Solar, Inc. | Technology | $13.32B | $18.07B |
| 81 | OTEX | Open Text Corporation | Technology | $13.11B | $6.69B |
| 82 | DXC | DXC Technology Company | Technology | $12.89B | $2.60B |
| 83 | KD | Kyndryl Holdings, Inc. | Technology | $12.55B | $3.20B |
| 84 | ON | ON Semiconductor Corporation | Technology | $12.52B | $28.83B |
| 85 | ADSK | Autodesk, Inc. | Technology | $12.47B | $52.14B |
| 86 | GRAB | Grab Holdings Limited | Technology | $11.98B | $11.09B |
| 87 | ZM | Zoom Communications, Inc. | Technology | $11.96B | $28.61B |
| 88 | CACI | CACI International Inc | Technology | $11.82B | $14.70B |
| 89 | FTV | Fortive Corporation | Technology | $11.74B | $18.36B |
| 90 | AKAM | Akamai Technologies, Inc. | Technology | $11.48B | $14.16B |
| 91 | GDS | GDS Holdings Limited | Technology | $11.44B | $4.57B |
| 92 | KEYS | Keysight Technologies, Inc. | Technology | $11.30B | $55.51B |
| 93 | CRWD | CrowdStrike Holdings, Inc. | Technology | $11.09B | $268.10B |
| 94 | CLVT | Clarivate Plc | Technology | $11.07B | $1.20B |
| 95 | GRMN | Garmin Ltd. | Technology | $10.99B | $56.49B |
| 96 | CNXC | Concentrix Corporation | Technology | $10.76B | $1.96B |
| 97 | NTAP | NetApp, Inc. | Technology | $10.74B | $43.62B |
| 98 | ARM | Arm Holdings plc | Technology | $10.70B | $238.54B |
| 99 | FTNT | Fortinet, Inc. | Technology | $10.39B | $134.51B |
| 100 | BILL | BILL Holdings, Inc. | Technology | $10.22B | $4.26B |
No companies match this search.
Total assets measure balance-sheet size, not worth: a bank holding customer deposits carries assets many times its market value, while a software company of the same market value carries a fraction of them. Above 150 times market cap the accounts are not in US dollars, and the company is left out.
How this ranking is built
Companies are ranked by total assets 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.
Frequently asked questions
Why do large technology companies rank lower on total assets than their market value suggests?
Their most valuable resources are not on the balance sheet. Software written in-house, brand strength and network effects are expensed as they are created rather than capitalized, so nothing records them as property. What remains is cash, receivables, equipment and goodwill from past deals. A sector whose market value rests on future cash flows shows a smaller recorded base than one built on refineries or rail.
Does goodwill belong in a technology company's total assets?
Accounting rules put it there. When one company acquires another above the fair value of its identifiable net assets, the excess is recorded as goodwill and stays on the balance sheet until an impairment test finds it no longer supported. It is not depreciated like a building, so it can sit at its acquisition value for years and then drop sharply. Reading a technology balance sheet means asking how much of the total is goodwill.