Software Comps
Tracking financial, operational, and AI metrics across 138 US and Canadian public software businesses.
Financials as of Sep 25, 2026Prices updated each trading day
Vertical vs Horizontal
| EV / Rev | Rev Growth | Gross Mgn | EBITDA Mgn | FCF Mgn | Rule of 40 | Price YoY | vs 52W High | vs 52W Low | AI Tailwind | AI Addressable | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Vertical | 4.5x | 12.7% | 71.3% | 18.5% | 21.5% | 30.6 | -26.0% | -30.4% | +36.1% | 3.3 | 20% |
Horizontal | 4.8x | 15.7% | 75.6% | 9.2% | 23.9% | 24.2 | -2.6% | -21.3% | +91.2% | 3.0 | 20% |
└Apps (ex-infra) | 3.5x | 12.9% | 74.8% | 12.3% | 20.5% | 25.3 | -17.3% | -28.1% | +53.0% | 2.7 | 30% |
60 Vertical · 78 Horizontal (28 Infra, 50 Apps)
138 companies
Company | Type | Vertical | Monetization | Model | Revenue | Rev Growth | EV | EV/Rev ↓ | EV/EBITDA | P/E | Gross Mgn | EBITDA Mgn | FCF Mgn | Ro40 | Price | 52W Range | 1Y Chg | vs 52WH | vs 52WL |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Palantir TechnologiesPLTR:NAS | Vertical | Public Sector | Subscription | Software + Services | $6.2B | 92.8% | $453.7B | 73.7x | 170.4x | 163 | 84.8% | 43.3% | 35.1% | 136.1 | $191.18 | $106.37$207.52 | 6.7% | -7.9% | +79.7% |
CloudflareNET:NYS | Infra | — | Subscription | Pure SaaS | $2.5B | 35.9% | $127.1B | 50.6x | NM | — | 72.6% | -0.1% | 27.5% | 35.8 | $346.39 | $158.83$367.43 | 58.7% | -5.7% | +118.1% |
CrowdStrike HoldingsCRWD:NAS | Infra | — | Subscription | Pure SaaS | $5.4B | 25.8% | $261.7B | 48.5x | 2,449.2x | NM | 75.2% | 2.0% | 37.0% | 27.8 | $253.50 | $85.68$263.87 | 114.3% | -3.9% | +195.9% |
Palo Alto NetworksPANW:NAS | Infra | — | Subscription | Pure SaaS | $11.5B | 34.5% | $318.5B | 27.7x | 204.1x | NM | 70.4% | 13.6% | 36.9% | 48.1 | $374.75 | $139.57$398.88 | 85.3% | -6.0% | +168.5% |
DatadogDDOG:NAS | Infra | — | Consumption | Pure SaaS | $4.0B | 35.6% | $88.5B | 22.3x | 1,068.1x | NM | 79.5% | 2.1% | 26.5% | 37.7 | $272.74 | $98.01$292.72 | 99.7% | -6.8% | +178.3% |
SnowflakeSNOW:NYS | Infra | — | Consumption | Pure SaaS | $5.4B | 35.1% | $118.1B | 21.7x | NM | — | 67.0% | -19.1% | 32.0% | 16.0 | $338.60 | $118.30$384.56 | 52.8% | -12.0% | +186.2% |
JFrogFROG:NAS | Infra | — | Subscription | Pure SaaS | $600M | 28.7% | $10.8B | 18.0x | NM | — | 77.9% | -6.8% | 33.8% | 21.9 | $92.36 | $34.05$105.76 | 86.4% | -12.7% | +171.2% |
DigitalOceanDOCN:NYS | Infra | — | Consumption | Pure SaaS | $1.0B | 28.6% | $17.9B | 17.7x | 57.9x | 64 | 57.2% | 30.5% | -2.4% | 59.1 | $141.00 | $33.69$187.50 | 301.4% | -24.8% | +318.5% |
FortinetFTNT:NAS | Infra | — | Subscription | Pure SaaS | $7.5B | 25.6% | $127.6B | 16.9x | 49.1x | 62 | 80.2% | 34.5% | 30.1% | 60.1 | $174.01 | $73.55$181.37 | 109.1% | -4.1% | +136.6% |
AppLovinAPP:NAS | Horizontal | — | Take Rate | Marketplace | $6.8B | 52.8% | $105.0B | 15.4x | 19.4x | 24 | 88.5% | 79.3% | 46.6% | 132.1 | $311.89 | $297.50$745.61 | -51.3% | -58.2% | +4.8% |
Cadence Design SystemsCDNS:NAS | Vertical | Manufacturing & Industrial | Subscription | Pure SaaS | $5.8B | 24.2% | $89.8B | 15.4x | 41.7x | 65 | 85.9% | 36.9% | 27.6% | 61.1 | $327.75 | $262.75$416.69 | -6.6% | -21.3% | +24.7% |
RubrikRBRK:NYS | Infra | — | Subscription | Pure SaaS | $1.5B | 37.9% | $23.0B | 14.9x | NM | — | 80.2% | -17.1% | 31.1% | 20.8 | $111.62 | $42.25$116.12 | 36.1% | -3.9% | +164.2% |
ShopifySHOP:NAS | Vertical | Retail & CPG | Take Rate | Marketplace | $13.3B | 33.7% | $182.0B | 13.7x | 76.0x | 94 | 47.8% | 18.0% | 12.0% | 51.7 | $141.29 | $94.00$182.19 | -1.5% | -22.4% | +50.3% |
SoundHound AISOUN:NAS | Horizontal | — | Subscription | Software + Services | $203M | 45.0% | $2.5B | 12.4x | NM | — | 42.3% | -76.1% | -22.4% | -31.1 | $6.05 | $5.65$22.17 | -63.0% | -72.7% | +7.1% |
Red VioletRDVT:NAS | Vertical | Financial Services | Consumption | Pure SaaS | $99M | 22.7% | $1.2B | 12.3x | 65.0x | 70 | 84.7% | 19.0% | 14.0% | 41.7 | $79.38 | $33.40$80.39 | 54.3% | -1.3% | +137.7% |
SamsaraIOT:NYS | Vertical | Supply Chain & Logistics | Subscription | Pure SaaS | $1.8B | 29.9% | $22.3B | 12.1x | 708.8x | 260 | 76.4% | 1.7% | 14.1% | 31.6 | $38.94 | $23.38$47.47 | 1.1% | -18.0% | +66.6% |
MongoDBMDB:NAS | Infra | — | Consumption | Pure SaaS | $2.8B | 30.5% | $31.6B | 11.4x | 2,280.2x | NM | 72.7% | 0.5% | 20.2% | 31.0 | $420.95 | $215.68$473.10 | 33.5% | -11.0% | +95.2% |
MicrosoftMSFT:NAS | Horizontal | — | Subscription | Pure SaaS | $331.8B | 17.7% | $3.7T | 11.3x | 19.3x | 28 | 67.9% | 58.5% | 5.0% | 76.2 | $510.25 | $349.20$553.72 | 0.6% | -7.9% | +46.1% |
OktaOKTA:NAS | Infra | — | Subscription | Pure SaaS | $3.1B | 10.6% | $33.9B | 11.0x | 105.5x | 119 | 78.1% | 10.4% | 33.8% | 21.0 | $197.31 | $62.66$212.50 | 116.4% | -7.1% | +214.9% |
Veeva SystemsVEEV:NYS | Vertical | Healthcare | Subscription | Pure SaaS | $3.5B | 17.6% | $37.4B | 10.8x | 34.8x | 46 | 75.0% | 31.1% | 36.4% | 48.7 | $277.69 | $148.05$310.50 | -0.8% | -10.6% | +87.6% |
Manhattan AssociatesMANH:NAS | Vertical | Supply Chain & Logistics | Subscription | Software + Services | $1.1B | 9.3% | $12.1B | 10.7x | 41.8x | 60 | 55.8% | 25.7% | 28.5% | 35.0 | $208.79 | $119.06$227.03 | -0.4% | -8.0% | +75.4% |
SailPoint TechnologiesSAIL:NAS | Infra | — | Subscription | Pure SaaS | $1.2B | 16.8% | $12.4B | 10.6x | NM | — | 66.3% | -0.8% | 29.1% | 16.0 | $21.45 | $10.30$24.00 | -2.1% | -10.6% | +108.3% |
Fair IsaacFICO:NYS | Vertical | Financial Services | Take Rate | Pure SaaS | $2.4B | 25.7% | $23.8B | 10.0x | 18.9x | 25 | 85.1% | 52.8% | 32.4% | 78.5 | $864.68 | $848.64$1998.01 | -44.2% | -56.7% | +1.9% |
ZscalerZS:NAS | Infra | — | Subscription | Pure SaaS | $3.4B | 24.9% | $33.4B | 10.0x | 761.5x | — | 76.9% | 1.3% | 32.1% | 26.2 | $195.75 | $114.62$336.99 | -31.7% | -41.9% | +70.8% |
ServiceNowNOW:NYS | Horizontal | — | Subscription | Pure SaaS | $14.7B | 24.0% | $146.2B | 9.9x | 50.5x | 86 | 74.8% | 19.7% | 35.0% | 43.7 | $136.99 | $81.24$192.97 | -25.4% | -29.0% | +68.6% |
SynopsysSNPS:NAS | Vertical | Manufacturing & Industrial | Subscription | Pure SaaS | $9.4B | 42.4% | $88.7B | 9.4x | 42.7x | 75 | 82.9% | 22.0% | 36.4% | 64.4 | $432.15 | $362.55$539.48 | -11.3% | -19.9% | +19.2% |
Unity SoftwareU:NYS | Vertical | Media & Entertainment | Subscription | Pure SaaS | $2.0B | 23.9% | $18.5B | 9.1x | 126.3x | — | 76.1% | 7.2% | 29.6% | 31.1 | $41.34 | $16.78$52.15 | -1.8% | -20.7% | +146.4% |
NetskopeNTSK:NAS | Infra | — | Subscription | Pure SaaS | $803M | 29.2% | $7.3B | 9.0x | NM | — | 69.9% | -89.8% | 35.5% | -60.6 | $18.02 | $7.67$24.98 | -20.6% | -27.9% | +134.9% |
QualysQLYS:NAS | Infra | — | Subscription | Pure SaaS | $703M | 11.0% | $6.0B | 8.5x | 23.4x | 31 | 83.4% | 36.2% | 34.8% | 47.2 | $176.33 | $74.51$201.54 | 30.3% | -12.5% | +136.7% |
VeriskVRSK:NAS | Vertical | Financial Services | Subscription | Pure SaaS | $3.1B | 4.4% | $26.0B | 8.3x | 17.2x | 26 | 70.2% | 48.3% | 33.7% | 52.7 | $169.37 | $155.94$253.35 | -30.6% | -33.1% | +8.6% |
Guidewire SoftwareGWRE:NYS | Vertical | Insurance | Subscription | Software + Services | $1.5B | 15.3% | $12.3B | 8.3x | 75.4x | 92 | 64.2% | 11.1% | 23.3% | 26.4 | $149.65 | $102.30$255.89 | -36.2% | -41.5% | +46.3% |
Descartes Systems GroupDSG:NAS | Vertical | Supply Chain & Logistics | Subscription | Pure SaaS | $775M | 11.8% | $6.5B | 8.3x | 19.5x | 37 | 77.6% | 42.7% | 38.9% | 54.5 | $80.25 | $62.56$98.35 | -16.7% | -18.4% | +28.3% |
PDF SolutionsPDFS:NAS | Vertical | Manufacturing & Industrial | Subscription | Software + Services | $241M | 18.9% | $2.0B | 8.2x | 57.0x | 198 | 71.5% | 14.4% | -5.5% | 33.3 | $49.41 | $23.55$71.69 | 93.5% | -31.1% | +109.8% |
AgilysysAGYS:NAS | Vertical | Hospitality | Subscription | Software + Services | $330M | 14.3% | $2.7B | 8.2x | 55.4x | 67 | 63.1% | 14.8% | 17.4% | 29.1 | $101.19 | $61.50$145.25 | -2.0% | -30.3% | +64.5% |
TwilioTWLO:NYS | Horizontal | — | Consumption | Pure SaaS | $5.6B | 22.0% | $44.4B | 8.0x | 88.9x | 39 | 48.6% | 9.0% | 17.1% | 31.0 | $282.66 | $98.44$304.75 | 178.9% | -7.2% | +187.1% |
OracleORCL:NYS | Horizontal | — | Subscription | Software + Services | $71.8B | 29.6% | $559.4B | 7.8x | 16.2x | 22 | 64.0% | 48.0% | -63.9% | 77.6 | $138.33 | $114.50$322.54 | -52.5% | -57.1% | +20.8% |
VaronisVRNS:NAS | Infra | — | Subscription | Pure SaaS | $688M | 18.3% | $5.3B | 7.8x | NM | — | 77.1% | -19.0% | 20.2% | -0.7 | $46.70 | $19.70$63.90 | -20.3% | -26.9% | +137.1% |
FigmaFIG:NYS | Horizontal | — | Subscription | Pure SaaS | $1.3B | 48.2% | $9.8B | 7.6x | NM | — | 79.1% | -122.0% | 67.7% | -73.8 | $21.24 | $16.60$71.48 | -60.9% | -70.3% | +28.0% |
DynatraceDT:NYS | Infra | — | Subscription | Pure SaaS | $2.1B | 16.2% | $16.0B | 7.6x | 54.9x | 117 | 81.6% | 13.9% | 26.1% | 30.1 | $58.40 | $31.64$59.41 | 20.2% | -1.7% | +84.6% |
KinaxisKXS:TSE | Vertical | Supply Chain & Logistics | Subscription | Software + Services | $603M | 16.4% | $3.2B | 7.5x | 40.2x | 41 | 66.1% | 18.7% | 23.5% | 35.1 | $125.08 | $82.85$132.16 | -0.9% | -5.4% | +51.0% |
AtlassianTEAM:NAS | Horizontal | — | Subscription | Pure SaaS | $6.6B | 27.6% | $48.8B | 7.4x | 111.7x | — | 85.6% | 6.6% | 25.2% | 34.2 | $191.71 | $56.01$200.00 | 18.0% | -4.1% | +242.3% |
SentinelOneS:NYS | Infra | — | Subscription | Pure SaaS | $1.1B | 20.6% | $7.7B | 7.0x | NM | — | 72.5% | -21.6% | 27.0% | -1.0 | $23.08 | $11.81$24.40 | 27.2% | -5.4% | +95.4% |
InnodataINOD:NAS | Horizontal | — | Subscription | Software + Services | $317M | 57.8% | $2.2B | 7.0x | 37.5x | 54 | 43.2% | 18.7% | 53.5% | 76.5 | $69.51 | $34.23$125.14 | 1.3% | -44.5% | +103.1% |
Bentley SystemsBSY:NAS | Vertical | AEC & Trades | Subscription | Pure SaaS | $1.6B | 12.8% | $11.0B | 6.9x | 23.6x | 36 | 81.8% | 29.2% | 24.8% | 42.0 | $31.91 | $28.08$57.25 | -38.8% | -44.3% | +13.6% |
AppFolioAPPF:NAS | Vertical | Real Estate | Subscription | Pure SaaS | $1.0B | 19.3% | $7.1B | 6.8x | 36.2x | 46 | 63.5% | 18.7% | 19.1% | 38.0 | $203.85 | $142.56$283.14 | -26.1% | -28.0% | +43.0% |
GitLabGTLB:NAS | Infra | — | Subscription | Pure SaaS | $1.1B | 21.3% | $6.9B | 6.5x | NM | — | 85.9% | -5.6% | 27.1% | 15.7 | $47.77 | $18.73$55.55 | 2.2% | -14.0% | +155.0% |
FastlyFSLY:NAS | Infra | — | Consumption | Pure SaaS | $687M | 23.3% | $4.3B | 6.3x | NM | — | 61.5% | -5.6% | 12.7% | 17.7 | $25.50 | $7.74$34.82 | 205.8% | -26.8% | +229.5% |
NutanixNTNX:NAS | Infra | — | Subscription | Pure SaaS | $2.9B | 15.9% | $17.7B | 6.2x | 47.7x | 13 | 86.9% | 13.0% | 25.5% | 28.9 | $68.42 | $34.01$78.45 | -10.5% | -12.8% | +101.2% |
DoximityDOCS:NYS | Vertical | Healthcare | Subscription | Marketplace | $656M | 7.3% | $4.0B | 6.0x | 19.0x | 31 | 88.1% | 31.8% | 36.6% | 39.1 | $26.05 | $17.15$76.51 | -65.0% | -66.0% | +51.9% |
Thomson ReutersTRI:NAS | Vertical | Legal | Subscription | Software + Services | $7.8B | 9.5% | $46.0B | 5.9x | 20.0x | 26 | 39.7% | 29.3% | 26.9% | 38.8 | $98.80 | $76.28$164.30 | -37.4% | -39.9% | +29.5% |
Roper TechnologiesROP:NAS | Vertical | Diversified | Subscription | Software + Services | $8.3B | 8.5% | $47.0B | 5.7x | 14.5x | 15 | 69.5% | 39.1% | 27.4% | 47.6 | $361.29 | $305.96$521.28 | -27.0% | -30.7% | +18.1% |
Tyler TechnologiesTYL:NYS | Vertical | Public Sector | Subscription | Software + Services | $2.4B | 8.2% | $13.9B | 5.7x | 30.2x | 43 | 47.2% | 18.9% | 24.5% | 27.1 | $325.10 | $270.71$531.94 | -37.7% | -38.9% | +20.1% |
AutodeskADSK:NAS | Vertical | AEC & Trades | Subscription | Pure SaaS | $7.8B | 16.1% | $43.7B | 5.6x | 19.1x | 27 | 92.5% | 29.3% | 40.5% | 45.4 | $211.17 | $185.50$326.20 | -34.0% | -35.3% | +13.8% |
Life360LIF:NAS | Horizontal | — | Subscription | Pure SaaS | $573M | 37.8% | $3.2B | 5.6x | 128.4x | 24 | 77.6% | 4.4% | 13.0% | 42.2 | $41.09 | $37.01$112.54 | -60.4% | -63.5% | +11.0% |
PTCPTC:NAS | Vertical | Manufacturing & Industrial | Subscription | Software + Services | $3.0B | -6.8% | $16.2B | 5.5x | 12.7x | 13 | 84.5% | 43.2% | 34.9% | 36.4 | $137.45 | $108.50$206.82 | -32.2% | -33.5% | +26.7% |
NavanNAVN:NAS | Horizontal | — | Take Rate | Marketplace | $826M | 35.4% | $4.4B | 5.3x | NM | — | 72.6% | -19.5% | 13.8% | 15.9 | $19.38 | $8.11$30.88 | -3.1% | -37.2% | +139.0% |
SalesforceCRM:NYS | Horizontal | — | Subscription | Pure SaaS | $43.9B | 10.8% | $227.0B | 5.2x | 17.6x | 22 | 77.3% | 29.4% | 40.4% | 40.2 | $235.92 | $146.32$269.11 | -2.1% | -12.3% | +61.2% |
Commvault SystemsCVLT:NAS | Infra | — | Subscription | Pure SaaS | $1.2B | 11.4% | $6.2B | 5.1x | 50.8x | 96 | 81.1% | 10.0% | 25.0% | 21.4 | $148.89 | $71.75$196.88 | -19.9% | -24.4% | +107.5% |
Akamai TechnologiesAKAM:NAS | Infra | — | Subscription | Pure SaaS | $4.3B | 5.4% | $21.9B | 5.1x | 20.2x | 43 | 57.5% | 25.0% | 16.4% | 30.4 | $117.61 | $70.82$165.45 | 56.0% | -28.9% | +66.1% |
AvePointAVPT:NAS | Horizontal | — | Subscription | Pure SaaS | $466M | 22.0% | $2.4B | 5.1x | 45.5x | 42 | 73.4% | 11.3% | 17.5% | 33.3 | $13.09 | $8.84$15.58 | -14.0% | -16.0% | +48.1% |
Constellation SoftwareCSU:TSE | Vertical | Diversified | Subscription | Software + Services | $12.6B | 17.3% | $45.2B | 5.1x | 27.6x | 45 | 37.3% | 18.3% | 22.1% | 35.6 | $2,008.70 | $1552.20$2905.07 | -27.0% | -30.9% | +29.4% |
ServiceTitanTTAN:NAS | Vertical | AEC & Trades | Subscription | Pure SaaS | $1.1B | 20.9% | $5.4B | 5.0x | NM | — | 71.2% | -7.0% | 16.6% | 13.9 | $59.68 | $53.00$111.36 | -42.4% | -46.4% | +12.6% |
Procore TechnologiesPCOR:NYS | Vertical | AEC & Trades | Subscription | Pure SaaS | $1.4B | 15.8% | $6.9B | 4.9x | 106.4x | — | 80.1% | 4.6% | 21.4% | 20.4 | $49.07 | $38.03$82.31 | -31.6% | -40.4% | +29.0% |
C3.aiAI:NYS | Horizontal | — | Consumption | Pure SaaS | $232M | -25.5% | $1.1B | 4.9x | NM | — | 29.1% | -192.4% | 6.8% | -217.9 | $10.65 | $7.67$20.22 | -38.4% | -47.3% | +38.9% |
PaycomPAYC:NYS | Horizontal | — | Subscription | Pure SaaS | $2.1B | 9.8% | $10.6B | 4.9x | 14.4x | 23 | 88.1% | 34.3% | 19.8% | 44.1 | $219.84 | $104.90$244.98 | 2.3% | -10.3% | +109.6% |
Automatic Data ProcessingADP:NAS | Horizontal | — | Subscription | Software + Services | $21.9B | 6.8% | $105.8B | 4.8x | 16.5x | 24 | 48.7% | 29.2% | 23.9% | 36.0 | $262.17 | $188.16$294.35 | -9.2% | -10.9% | +39.3% |
ElasticESTC:NYS | Infra | — | Consumption | Pure SaaS | $1.8B | 15.1% | $8.7B | 4.8x | NM | 26 | 75.6% | -1.2% | 28.0% | 13.9 | $90.86 | $42.05$108.00 | 6.7% | -15.9% | +116.1% |
MagniteMGNI:NAS | Vertical | Media & Entertainment | Take Rate | Marketplace | $742M | 11.2% | $3.5B | 4.8x | 22.5x | 22 | 64.8% | 21.2% | 21.6% | 32.4 | $23.91 | $10.82$26.84 | 6.6% | -10.9% | +121.0% |
CCC Intelligent SolutionsCCC:NAS | Vertical | Automotive | Subscription | Marketplace | $1.1B | 9.8% | $5.3B | 4.8x | 16.7x | 98 | 75.1% | 28.6% | 26.1% | 38.4 | $6.82 | $4.08$9.54 | -25.9% | -28.5% | +67.2% |
Zeta Global HoldingsZETA:NYS | Horizontal | — | Consumption | Marketplace | $1.6B | 43.5% | $7.3B | 4.7x | 63.2x | — | 59.5% | 7.4% | 16.1% | 50.9 | $29.99 | $14.37$32.81 | 47.7% | -8.6% | +108.7% |
IntappINTA:NAS | Vertical | Legal | Subscription | Pure SaaS | $578M | 13.0% | $2.7B | 4.6x | NM | — | 75.8% | -2.8% | 27.9% | 10.2 | $36.61 | $19.01$47.93 | -12.9% | -23.6% | +92.6% |
WorkdayWDAY:NAS | Horizontal | — | Subscription | Pure SaaS | $10.2B | 12.8% | $46.4B | 4.6x | 29.3x | 39 | 75.8% | 15.6% | 30.0% | 28.4 | $190.32 | $110.36$249.85 | -21.6% | -23.8% | +72.5% |
FactSetFDS:NYS | Vertical | Financial Services | Subscription | Pure SaaS | $2.4B | 6.4% | $10.9B | 4.5x | 11.7x | 18 | 51.4% | 38.2% | 25.5% | 44.6 | $272.07 | $185.00$320.48 | -4.2% | -15.1% | +47.1% |
AmplitudeAMPL:NAS | Horizontal | — | Subscription | Pure SaaS | $374M | 21.2% | $1.6B | 4.2x | NM | — | 72.4% | -25.7% | 19.0% | -4.5 | $13.54 | $5.51$14.76 | 16.8% | -8.3% | +145.7% |
Gen DigitalGEN:NAS | Horizontal | — | Subscription | Pure SaaS | $5.1B | 6.3% | $21.5B | 4.2x | 8.9x | 13 | 78.0% | 47.4% | 30.5% | 53.7 | $22.54 | $17.78$31.65 | -20.9% | -28.8% | +26.8% |
PaylocityPCTY:NAS | Horizontal | — | Subscription | Pure SaaS | $1.8B | 11.0% | $7.5B | 4.2x | 17.5x | 29 | 69.3% | 24.2% | 20.3% | 35.2 | $143.60 | $92.99$164.94 | -12.3% | -12.9% | +54.4% |
Q2 HoldingQTWO:NYS | Vertical | Financial Services | Subscription | Pure SaaS | $846M | 12.6% | $3.5B | 4.1x | 30.2x | 40 | 57.0% | 13.5% | 22.5% | 26.1 | $56.06 | $40.79$76.24 | -23.7% | -26.5% | +37.4% |
WorkivaWK:NYS | Vertical | Financial Services | Subscription | Pure SaaS | $966M | 18.6% | $3.9B | 4.0x | 92.0x | 84 | 80.2% | 4.4% | 17.5% | 23.0 | $70.84 | $43.34$97.09 | -15.4% | -27.0% | +63.5% |
TenableTENB:NAS | Infra | — | Subscription | Pure SaaS | $1.0B | 8.6% | $4.1B | 3.9x | 75.9x | NM | 78.1% | 5.1% | 24.6% | 13.7 | $34.74 | $15.73$43.67 | 17.5% | -20.4% | +120.9% |
DropboxDBX:NAS | Horizontal | — | Subscription | Pure SaaS | $2.5B | 0.9% | $10.0B | 3.9x | 12.0x | 18 | 79.7% | 32.8% | 30.9% | 33.7 | $32.33 | $21.70$38.17 | 3.5% | -15.3% | +49.0% |
SS&C Technologies HoldingsSSNC:NAS | Vertical | Financial Services | Subscription | Software + Services | $6.6B | 10.3% | $25.8B | 3.9x | 12.2x | 23 | 48.1% | 32.1% | 19.8% | 42.4 | $78.84 | $61.40$89.93 | -9.5% | -12.3% | +28.4% |
Zoom CommunicationsZM:NAS | Horizontal | — | Subscription | Pure SaaS | $5.0B | 4.9% | $19.2B | 3.8x | 14.4x | 8 | 77.7% | 26.7% | 39.6% | 31.6 | $90.50 | $70.70$114.74 | 7.8% | -21.1% | +28.0% |
nCinoNCNO:NAS | Vertical | Financial Services | Subscription | Pure SaaS | $622M | 8.2% | $2.4B | 3.8x | 25.9x | 64 | 62.2% | 14.8% | 24.4% | 23.0 | $19.71 | $13.80$28.32 | -30.0% | -30.4% | +42.8% |
AlkamiALKT:NAS | Vertical | Financial Services | Subscription | Pure SaaS | $490M | 15.9% | $1.8B | 3.7x | NM | — | 57.4% | -4.5% | 16.9% | 11.4 | $14.00 | $13.76$25.96 | -44.7% | -46.1% | +1.7% |
DocusignDOCU:NAS | Horizontal | — | Subscription | Pure SaaS | $3.4B | 9.4% | $12.3B | 3.7x | 27.9x | 42 | 79.6% | 13.1% | 39.1% | 22.5 | $68.52 | $40.16$82.44 | -15.7% | -16.9% | +70.6% |
AdobeADBE:NAS | Horizontal | — | Subscription | Pure SaaS | $26.0B | 12.9% | $94.1B | 3.6x | 9.5x | 13 | 89.3% | 38.2% | 36.0% | 51.1 | $238.72 | $190.12$363.70 | -32.6% | -34.4% | +25.6% |
SPS CommerceSPSC:NAS | Vertical | Supply Chain & Logistics | Subscription | Pure SaaS | $773M | 5.6% | $2.8B | 3.6x | 15.3x | 40 | 69.8% | 23.7% | 22.9% | 29.3 | $82.46 | $49.04$114.87 | -21.4% | -28.2% | +68.1% |
IntuitINTU:NAS | Vertical | Financial Services | Subscription | Pure SaaS | $21.4B | 13.7% | $75.3B | 3.5x | 11.0x | 17 | 81.0% | 31.9% | 29.6% | 45.6 | $274.06 | $252.84$703.96 | -60.4% | -61.1% | +8.4% |
AppianAPPN:NAS | Horizontal | — | Subscription | Software + Services | $795M | 19.1% | $2.8B | 3.5x | 70.7x | — | 72.4% | 5.0% | 13.7% | 24.1 | $37.31 | $18.63$46.06 | 18.6% | -19.0% | +100.3% |
Dye & DurhamDND:TSE | Vertical | Legal | Take Rate | Pure SaaS | $291M | -11.8% | $930M | 3.2x | 9.9x | — | 91.7% | 32.2% | 62.2% | 20.4 | $0.33 | $0.33$5.69 | -93.8% | -94.1% | +0.0% |
RingCentralRNG:NYS | Horizontal | — | Subscription | Pure SaaS | $2.6B | 5.9% | $7.9B | 3.1x | 19.1x | 62 | 71.9% | 16.0% | 24.7% | 21.9 | $77.98 | $24.14$81.90 | 158.0% | -4.8% | +223.0% |
UiPathPATH:NYS | Horizontal | — | Subscription | Pure SaaS | $1.7B | 13.4% | $5.4B | 3.1x | 29.0x | 19 | 82.6% | 10.7% | 27.6% | 24.1 | $12.62 | $9.20$19.84 | 4.0% | -36.4% | +37.2% |
First AdvantageFA:NAS | Horizontal | — | Take Rate | Pure SaaS | $1.7B | 14.9% | $5.2B | 3.1x | 12.4x | 133 | 45.2% | 25.3% | 12.9% | 40.2 | $19.89 | $8.82$25.15 | 33.7% | -20.9% | +125.5% |
EverCommerceEVCM:NAS | Horizontal | — | Subscription | Software + Services | $598M | 2.7% | $1.9B | 3.1x | 15.2x | 55 | 77.8% | 20.6% | 17.2% | 23.3 | $8.28 | $6.21$14.41 | -27.8% | -42.5% | +33.3% |
PegasystemsPEGA:NAS | Horizontal | — | Subscription | Software + Services | $1.7B | 9.4% | $5.3B | 3.1x | 25.5x | 19 | 75.6% | 12.1% | 29.2% | 21.5 | $34.11 | $25.10$68.10 | -41.5% | -49.9% | +35.9% |
BrazeBRZE:NAS | Horizontal | — | Subscription | Pure SaaS | $834M | 26.2% | $2.5B | 3.0x | NM | — | 66.3% | -10.3% | 23.5% | 15.9 | $24.38 | $15.26$37.33 | -22.0% | -34.7% | +59.8% |
FreshworksFRSH:NAS | Horizontal | — | Subscription | Pure SaaS | $904M | 16.0% | $2.7B | 3.0x | 47.2x | 20 | 85.0% | 6.4% | 28.9% | 22.4 | $12.71 | $6.79$13.99 | 2.2% | -9.1% | +87.2% |
BandwidthBAND:NAS | Horizontal | — | Consumption | Pure SaaS | $828M | 22.2% | $2.4B | 2.9x | 58.6x | — | 37.2% | 4.9% | 8.7% | 27.1 | $62.21 | $12.50$79.08 | 257.1% | -21.3% | +397.7% |
Blend LabsBLND:NYS | Vertical | Financial Services | Take Rate | Pure SaaS | $130M | 7.0% | $379M | 2.9x | NM | — | 74.8% | -11.2% | 18.1% | -4.2 | $1.07 | $1.06$3.86 | -71.8% | -72.2% | +0.9% |
HubSpotHUBS:NYS | Horizontal | — | Subscription | Pure SaaS | $3.4B | 19.8% | $9.9B | 2.9x | 63.5x | 78 | 83.2% | 4.5% | 19.3% | 24.3 | $218.64 | $169.63$524.63 | -56.8% | -58.3% | +28.9% |
KlaviyoKVYO:NYS | Vertical | Retail & CPG | Subscription | Pure SaaS | $1.4B | 26.4% | $3.9B | 2.8x | NM | NM | 73.8% | -0.8% | 20.5% | 25.6 | $16.19 | $12.53$33.35 | -50.2% | -51.5% | +29.2% |
BlackbaudBLKB:NAS | Horizontal | — | Subscription | Pure SaaS | $1.1B | 3.0% | $3.1B | 2.7x | 11.4x | 14 | 59.7% | 23.3% | 18.6% | 26.3 | $43.66 | $25.58$70.71 | -31.3% | -38.3% | +70.7% |
VertexVERX:NAS | Vertical | Financial Services | Subscription | Pure SaaS | $787M | 10.5% | $2.0B | 2.6x | 103.9x | NM | 64.0% | 2.5% | 9.0% | 13.0 | $11.59 | $10.21$26.54 | -52.9% | -56.3% | +13.5% |
DoubleVerifyDV:NYS | Vertical | Media & Entertainment | Take Rate | Pure SaaS | $769M | 2.5% | $2.0B | 2.6x | 13.7x | 38 | 82.4% | 18.7% | 21.1% | 21.2 | $13.38 | $7.64$13.65 | 12.8% | -1.9% | +75.1% |
FiservFISV:NAS | Vertical | Financial Services | Take Rate | Software + Services | $20.9B | -4.1% | $52.1B | 2.5x | 6.4x | 9 | 59.4% | 38.9% | 20.3% | 34.8 | $45.62 | $45.13$130.64 | -64.5% | -65.1% | +1.1% |
IbottaIBTA:NYS | Vertical | Retail & CPG | Take Rate | Marketplace | $343M | 3.3% | $843M | 2.5x | NM | — | 78.2% | -2.1% | 14.8% | 1.2 | $41.76 | $19.10$43.43 | 54.4% | -3.9% | +118.6% |
HealthStreamHSTM:NAS | Vertical | Healthcare | Subscription | Pure SaaS | $321M | 12.5% | $791M | 2.5x | 17.6x | 40 | 65.1% | 14.0% | 15.7% | 26.5 | $28.75 | $19.50$31.11 | -1.1% | -7.6% | +47.4% |
FlywireFLYW:NAS | Vertical | Education | Take Rate | Pure SaaS | $714M | 27.2% | $1.8B | 2.5x | 28.2x | 63 | 59.6% | 8.9% | 23.5% | 36.1 | $17.07 | $10.55$19.73 | 28.3% | -13.5% | +61.8% |
BlackLineBL:NAS | Vertical | Financial Services | Subscription | Pure SaaS | $732M | 9.2% | $1.8B | 2.5x | 28.1x | 50 | 75.6% | 8.8% | 18.9% | 18.0 | $27.99 | $24.70$59.57 | -46.7% | -53.0% | +13.3% |
Five9FIVN:NAS | Horizontal | — | Subscription | Pure SaaS | $1.2B | 10.3% | $2.9B | 2.4x | 19.3x | 54 | 55.1% | 12.6% | 21.6% | 22.9 | $36.84 | $13.29$40.00 | 47.2% | -7.9% | +177.2% |
AsanaASAN:NYS | Horizontal | — | Subscription | Pure SaaS | $828M | 9.9% | $2.0B | 2.4x | NM | — | 87.6% | -13.2% | 23.8% | -3.3 | $9.16 | $5.38$15.48 | -34.5% | -40.8% | +70.3% |
Bill.comBILL:NYS | Horizontal | — | Take Rate | Pure SaaS | $1.7B | 13.8% | $3.8B | 2.3x | 37.9x | — | 83.9% | 6.1% | 13.5% | 19.9 | $45.03 | $31.41$57.21 | -15.3% | -21.3% | +43.4% |
PagerDutyPD:NYS | Infra | — | Subscription | Pure SaaS | $495M | 0.8% | $1.1B | 2.3x | 24.5x | 7 | 85.0% | 9.3% | 23.6% | 10.1 | $14.63 | $5.70$16.91 | -9.7% | -13.5% | +156.7% |
ToastTOST:NYS | Vertical | Hospitality | Take Rate | Marketplace | $6.8B | 23.1% | $15.7B | 2.3x | 32.9x | 39 | 26.6% | 7.0% | 7.0% | 30.1 | $30.41 | $22.26$39.73 | -17.5% | -23.4% | +36.6% |
DoceboDCBO:NAS | Vertical | Education | Subscription | Pure SaaS | $259M | 13.0% | $605M | 2.3x | 16.4x | 20 | 79.6% | 14.3% | 16.7% | 27.3 | $22.58 | $14.39$28.72 | -20.4% | -21.4% | +56.9% |
WeaveWEAV:NYS | Horizontal | — | Subscription | Pure SaaS | $258M | 15.5% | $560M | 2.2x | NM | — | 72.4% | -3.7% | 15.3% | 11.8 | $7.37 | $4.24$7.70 | 5.1% | -4.4% | +73.8% |
SimilarWebSMWB:NYS | Horizontal | — | Subscription | Pure SaaS | $296M | 8.8% | $636M | 2.2x | NM | — | 79.8% | -2.1% | 9.8% | 6.7 | $7.68 | $2.22$9.75 | -18.8% | -21.2% | +245.9% |
N-able TechnologiesNABL:NYS | Infra | — | Subscription | Pure SaaS | $533M | 5.9% | $1.1B | 2.0x | 16.2x | — | 79.9% | 12.5% | 13.1% | 18.4 | $4.03 | $2.92$8.73 | -50.1% | -53.9% | +38.0% |
MondayMNDY:NAS | Horizontal | — | Subscription | Pure SaaS | $1.4B | 21.9% | $2.8B | 2.0x | 55.1x | 36 | 88.7% | 3.7% | 20.8% | 25.6 | $84.92 | $57.50$210.49 | -59.0% | -59.7% | +47.7% |
ZoomInfoGTM:NAS | Horizontal | — | Subscription | Pure SaaS | $1.3B | 1.2% | $2.5B | 2.0x | 7.4x | — | 86.5% | 26.9% | 28.3% | 28.1 | $3.85 | $2.54$12.31 | -66.1% | -68.7% | +51.6% |
OpenTextOTEX:NAS | Horizontal | — | Subscription | Software + Services | $5.2B | 2.9% | $10.4B | 2.0x | 6.4x | 9 | 77.1% | 31.1% | 26.0% | 34.0 | $22.51 | $19.78$39.90 | -39.5% | -43.6% | +13.8% |
Par TechnologyPAR:NYS | Vertical | Hospitality | Subscription | Software + Services | $497M | 18.7% | $930M | 1.9x | NM | — | 43.0% | -5.8% | 2.0% | 12.9 | $13.95 | $11.59$40.54 | -65.0% | -65.6% | +20.4% |
MNTNMNTN:NYS | Vertical | Media & Entertainment | Take Rate | Marketplace | $313M | 20.6% | $579M | 1.8x | 11.8x | 6 | 80.8% | 15.6% | 13.5% | 36.2 | $10.88 | $7.67$18.96 | -38.6% | -42.6% | +41.9% |
Donnelley Financial SolutionsDFIN:NYS | Vertical | Financial Services | Subscription | Software + Services | $778M | 2.8% | $1.4B | 1.8x | 8.8x | 32 | 64.2% | 20.5% | 17.1% | 23.3 | $48.99 | $36.11$56.26 | -3.6% | -12.9% | +35.7% |
YextYEXT:NYS | Horizontal | — | Subscription | Pure SaaS | $443M | -1.8% | $775M | 1.8x | 19.5x | 39 | 74.9% | 9.0% | 9.5% | 7.2 | $6.56 | $3.27$9.03 | -24.2% | -27.4% | +100.6% |
The Trade DeskTTD:NAS | Vertical | Media & Entertainment | Take Rate | Marketplace | $3.0B | 3.0% | $4.9B | 1.6x | 7.0x | 13 | 76.9% | 23.3% | 19.5% | 26.3 | $12.62 | $12.49$56.39 | -73.0% | -77.6% | +1.0% |
SabreSABR:NAS | Vertical | Hospitality | Take Rate | Marketplace | $2.9B | 3.6% | $4.6B | 1.6x | 10.9x | — | 56.4% | 14.7% | 3.5% | 18.3 | $2.23 | $0.81$2.50 | 26.0% | -10.8% | +175.3% |
AmdocsDOX:NAS | Horizontal | — | Subscription | Software + Services | $4.7B | 2.7% | $7.0B | 1.5x | 6.7x | 14 | 38.3% | 22.3% | 14.8% | 25.0 | $58.23 | $49.74$85.63 | -28.3% | -32.0% | +17.1% |
Cerence AICRNC:NAS | Vertical | Automotive | Subscription | Software + Services | $310M | 11.8% | $418M | 1.4x | 9.6x | — | 78.7% | 14.1% | 22.9% | 25.9 | $7.88 | $5.85$13.74 | -29.0% | -42.6% | +34.7% |
TeradataTDC:NYS | Horizontal | — | Subscription | Software + Services | $1.7B | 0.5% | $2.4B | 1.4x | 7.0x | 6 | 61.3% | 20.5% | 20.6% | 21.0 | $29.20 | $20.33$41.78 | 33.5% | -30.1% | +43.6% |
Rapid7RPD:NAS | Infra | — | Subscription | Pure SaaS | $856M | -1.5% | $1.1B | 1.3x | 19.3x | 40 | 69.3% | 6.8% | 15.6% | 5.3 | $12.23 | $4.97$20.17 | -36.8% | -39.4% | +146.1% |
Enghouse SystemsENGH:TSE | Horizontal | — | Subscription | Software + Services | $337M | -6.4% | $449M | 1.3x | 6.1x | 13 | 62.8% | 21.7% | 18.5% | 15.3 | $11.80 | $10.46$15.42 | -20.2% | -23.4% | +12.8% |
PhreesiaPHR:NYS | Vertical | Healthcare | Subscription | Pure SaaS | $508M | 10.4% | $616M | 1.2x | 14.1x | 56 | 67.5% | 8.6% | 13.5% | 19.0 | $10.00 | $7.77$24.25 | -57.4% | -58.8% | +28.7% |
StrideLRN:NYS | Vertical | Education | Subscription | Other | $2.5B | -2.7% | $2.9B | 1.1x | 5.6x | 11 | 37.8% | 20.3% | 8.9% | 17.6 | $78.77 | $60.61$155.06 | -46.6% | -49.2% | +30.0% |
Sprout SocialSPT:NAS | Horizontal | — | Subscription | Pure SaaS | $482M | 10.8% | $515M | 1.1x | NM | — | 77.4% | -2.9% | 21.6% | 7.9 | $9.60 | $4.92$14.29 | -32.1% | -32.8% | +95.1% |
CS DiscoLAW:NYS | Vertical | Legal | Consumption | Pure SaaS | $167M | 13.2% | $180M | 1.1x | NM | — | 74.8% | -20.8% | 2.7% | -7.6 | $4.26 | $2.45$9.11 | -34.3% | -53.2% | +73.9% |
SprinklrCXM:NYS | Horizontal | — | Subscription | Pure SaaS | $873M | 0.8% | $819M | 0.9x | 16.0x | 53 | 65.6% | 5.9% | 11.5% | 6.7 | $5.29 | $4.71$8.28 | -32.3% | -36.0% | +12.3% |
Lightspeed CommerceLSPD:NAS | Vertical | Retail & CPG | Take Rate | Marketplace | $1.2B | 5.8% | $898M | 0.7x | NM | — | 43.1% | -3.0% | 3.5% | 2.8 | $9.61 | $7.83$13.71 | -18.4% | -29.9% | +22.7% |