60 companies · median 19 of 36 checks · prices as of 2026-10-23
Software stocks.
Sorted by how many checks each one passes. Sort by any column to see who is cheapest, who is growing, or who has the strongest balance sheet - and how that compares with what is normal for the industry.
Ranked by checks passed
60 companies in this sector→The software and IT services companies we cover are not one trade: Intuit (INTU) passes 29 of its 36 checks and Infleqtion (INFQ) passes 2, with a median of 19.
→GOOGL, MSFT, META are 67% of the $14.01T we cover here, so a sector average says more about them than about the rest.
| Save | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
 IntuitINTUSells TurboTax, QuickBooks, Credit Karma and Mailchimp to consumers and small businesses.Report | -3.2% | -48.1% | 4 | 2 | 6 | 6 | 6 | 5 | 29/36 | |
 DocusignDOCUSells Docusign electronic signature and agreement software by subscription.Report | +1.0% | +20.8% | 3 | 4 | 6 | 5 | 5 | 6 | 29/36 | |
 AccentureACNThe largest IT consulting firm, helping big companies run and modernize their technology.Report | -3.6% | +3.0% | 6 | 3 | 5 | 3 | 6 | 5 | 28/36 | |
 AdobeADBESells Photoshop, Acrobat and the rest of Creative Cloud and Document Cloud by subscription.Report | -2.5% | -25.5% | 6 | 3 | 6 | 4 | 5 | 4 | 28/36 | |
 PalantirPLTRSells data-analysis software to governments and large enterprises.Report | +0.3% | +12.1% | 2 | 6 | 6 | 6 | 3 | 4 | 27/36 | |
 ZoomZMSells Zoom video meetings, phone and contact center software to businesses.Report | -0.4% | +16.8% | 5 | 4 | 5 | 6 | 4 | 3 | 27/36 | |
 SezzleSEZLLends at the checkout: buy-now-pay-later installments for shoppers, paid for by merchant fees.Report | -5.1% | +78.7% | 2 | 4 | 6 | 6 | 4 | 5 | 27/36 | |
 PayPalPYPLRuns the PayPal and Venmo digital wallets and processes online payments for merchants.Report | -0.9% | -15.3% | 6 | 3 | 6 | 3 | 4 | 4 | 26/36 | |
 The Trade DeskTTDRuns the software advertisers use to buy digital ads across the open internet.Report | -1.2% | -75.9% | 6 | 3 | 6 | 6 | 5 | 0 | 26/36 | |
 SalesforceCRMSells Salesforce, the leading cloud software for managing customers, by subscription.Report | -0.7% | -2.3% | 4 | 4 | 6 | 3 | 3 | 5 | 25/36 | |
 ServiceNowNOWSells ServiceNow, cloud software companies use to run IT, HR and customer workflows.Report | +1.3% | -15.1% | 2 | 4 | 5 | 4 | 5 | 5 | 25/36 | |
 AirbnbABNBRuns the marketplace for short-term stays and experiences, taking a fee from hosts and guests.Report | -2.1% | +34.9% | 1 | 3 | 6 | 5 | 6 | 4 | 25/36 | |
 AppLovinAPPSells software that places and prices ads inside mobile apps, driven by its AI engine.Report | -1.5% | -53.9% | 4 | 4 | 6 | 5 | 6 | 0 | 25/36 | |
 MicrosoftMSFTSells Windows, Office and Azure cloud computing to businesses and consumers.Report | +0.7% | +1.6% | 0 | 5 | 5 | 5 | 5 | 4 | 24/36 | |
 VisaVRuns the Visa payments network, earning a fee on every card transaction it routes.Report | -1.6% | +19.1% | 0 | 3 | 6 | 4 | 5 | 6 | 24/36 | |
 ToastTOSTSells the point-of-sale system and software restaurants run on, earning most of it on payments.Report | -2.1% | -14.2% | 2 | 5 | 4 | 5 | 5 | 3 | 24/36 | |
 InstacartCARTRuns Instacart, the grocery delivery app, earning from orders, retailer fees and ads.Report | +9.2% | +43.0% | 3 | 0 | 5 | 6 | 4 | 6 | 24/36 | |
 EtsyETSYRuns the Etsy marketplace for handmade and vintage goods, taking a fee on each sale.Report | -4.3% | +18.7% | 3 | 4 | 4 | 2 | 5 | 6 | 24/36 | |
 BlackBerryBBSells QNX software that runs inside cars, and secure communications for governments.Report | +3.8% | +97.8% | 2 | 4 | 4 | 5 | 5 | 4 | 24/36 | |
 MastercardMARuns the Mastercard payments network, earning a fee on every card transaction it routes.Report | -1.5% | +9.8% | 1 | 3 | 6 | 3 | 5 | 5 | 23/36 | |
 UberUBERRuns the ride-hailing and Uber Eats delivery marketplaces, taking a cut of every trip and order.Report | -3.4% | -27.7% | 5 | 3 | 6 | 4 | 5 | 0 | 23/36 | |
 eBayEBAYRuns the eBay marketplace, taking a fee on each sale.Report | -0.5% | +28.9% | 1 | 4 | 5 | 3 | 4 | 6 | 23/36 | |
 MetaMETARuns Facebook, Instagram and WhatsApp, and funds a long bet on the next computing platform.Report | -1.0% | -12.1% | 1 | 6 | 6 | 5 | 2 | 2 | 22/36 | |
 DatadogDDOGSells monitoring software that shows engineers what their cloud systems are doing.Report | +4.6% | +74.9% | 2 | 6 | 3 | 5 | 0 | 6 | 22/36 | |
 OktaOKTASells identity software that controls who can log in to which apps.Report | +5.8% | +144.8% | 2 | 4 | 3 | 6 | 1 | 6 | 22/36 | |
 PinterestPINSRuns Pinterest, the visual discovery app, funded by shopping and brand ads.Report | -2.7% | -32.3% | 2 | 3 | 3 | 5 | 4 | 4 | 21/36 | |
 UiPathPATHSells automation software that runs repetitive office tasks, now with AI agents.Report | +1.4% | -6.0% | 2 | 4 | 4 | 3 | 5 | 3 | 21/36 | |
 DuolingoDUOLRuns the Duolingo language-learning app, paid by subscriptions and ads.Report | +1.2% | -53.5% | 5 | 5 | 5 | 6 | 0 | 0 | 21/36 | |
 ZillowZRuns Zillow, the property portal, earning from agents, mortgages and rentals.Report | -2.9% | -57.4% | 2 | 5 | 2 | 4 | 4 | 3 | 20/36 | |
 AlphabetGOOGLRuns Google search, YouTube and Android, funded by advertising, plus the Google Cloud business.Report | -1.2% | +27.6% | 2 | 5 | 4 | 5 | 2 | 1 | 19/36 | |
 CrowdStrikeCRWDSells cloud-delivered endpoint and cybersecurity software by subscription.Report | +8.3% | +106.0% | 1 | 5 | 3 | 5 | 0 | 5 | 19/36 | |
 AtlassianTEAMSells Jira and Confluence, the software teams use to track work and share knowledge.Report | +2.0% | +35.6% | 1 | 4 | 2 | 2 | 4 | 6 | 19/36 | |
 BlockXYZRuns Square for merchants and Cash App for consumers, plus Afterpay buy-now-pay-later.Report | -3.2% | +0.7% | 4 | 2 | 2 | 4 | 5 | 1 | 18/36 | |
 RedditRDDTRuns Reddit, funded by ads and by licensing its conversations to AI companies.Report | -4.0% | -26.8% | 2 | 5 | 6 | 4 | 0 | 1 | 18/36 | |
 LyftLYFTRuns the second US ride-hailing network.Report | -2.8% | -16.4% | 1 | 4 | 2 | 2 | 4 | 5 | 18/36 | |
 DoorDashDASHRuns the largest US food-delivery marketplace, taking a cut of each order.Report | -3.5% | -28.9% | 3 | 6 | 2 | 3 | 3 | 0 | 17/36 | |
 MongoDBMDBSells MongoDB, a database developers use to build applications, mostly as a cloud service.Report | +2.4% | +14.1% | 1 | 6 | 2 | 4 | 3 | 1 | 17/36 | |
 ZscalerZSSells cloud-delivered security that sits between workers and the internet.Report | +7.3% | -17.1% | 1 | 3 | 2 | 5 | 0 | 5 | 16/36 | |
 SnapSNAPRuns Snapchat, funded by advertising, with a paid subscription tier.Report | -0.2% | -18.4% | 4 | 2 | 1 | 2 | 3 | 4 | 16/36 | |
 SentinelOneSSells AI-driven endpoint and cloud security software by subscription.Report | +6.7% | +38.8% | 1 | 3 | 1 | 4 | 2 | 5 | 16/36 | |
 RobloxRBLXRuns the Roblox platform where users play and build games, paid in Robux.Report | -2.0% | -58.7% | 2 | 4 | 2 | 2 | 0 | 5 | 15/36 | |
 OracleORCLSells databases and business software, now leaning on cloud infrastructure for AI workloads.Report | +0.5% | -53.1% | 2 | 5 | 5 | 1 | 1 | 0 | 14/36 | |
 CloudflareNETRuns a global network that speeds up and protects websites and applications.Report | +7.3% | +54.6% | 0 | 4 | 1 | 3 | 0 | 3 | 11/36 | |
 C3.aiAISells enterprise AI software to businesses and government agencies, still losing money.Report | +3.6% | -29.0% | 1 | 0 | 0 | 5 | 0 | 5 | 11/36 | |
 Trump MediaDJTRuns Truth Social and a streaming service, and holds a large bitcoin treasury.Report | -3.2% | -59.1% | 1 | 2 | 1 | 3 | 4 | 0 | 11/36 | |
 SnowflakeSNOWSells a cloud data platform, billed on usage, where companies store and query their data.Report | +3.6% | +34.7% | 1 | 4 | 1 | 1 | 2 | 1 | 10/36 | |
 Quantum Computing Inc.QUBTBuilds photonic chips and quantum optics equipment, with little revenue so far.Report | -0.5% | -55.9% | 1 | 4 | 0 | 5 | 0 | 0 | 10/36 | |
 Unity SoftwareUSells the Unity game engine and the ads business that monetizes mobile games.Report | +1.3% | +15.7% | 1 | 1 | 1 | 4 | 0 | 2 | 9/36 | |
 Tempus AITEMSells genomic tests to doctors and licenses its clinical data to drugmakers for AI research.Report | +6.0% | -20.7% | 0 | 3 | 0 | 3 | 0 | 2 | 8/36 | |
 IRENIRENBuilds and runs data centers for bitcoin mining and AI compute.Report | -2.4% | -51.9% | 0 | 3 | 2 | 3 | 0 | 0 | 8/36 | |
 Applied DigitalAPLDBuilds and leases data centers for AI computing, and hosts bitcoin mining.Report | -4.4% | -40.4% | 0 | 4 | 1 | 2 | 0 | 0 | 7/36 | |
 SoundHound AISOUNSells voice AI software for cars, restaurants and customer service lines.Report | -1.6% | -75.1% | 1 | 3 | 0 | 3 | 0 | 0 | 7/36 | |
 Rigetti ComputingRGTIBuilds superconducting quantum computers and sells access to them.Report | +0.4% | -68.1% | 0 | 2 | 0 | 4 | 0 | 0 | 6/36 | |
 IonQIONQBuilds trapped-ion quantum computers and sells access to them.Report | +0.4% | -43.6% | 1 | 2 | 0 | 2 | 0 | 0 | 5/36 | |
 D-Wave QuantumQBTSBuilds quantum computers and sells access to them through its cloud.Report | +0.3% | -57.3% | 0 | 2 | 0 | 3 | 0 | 0 | 5/36 | |
 Take-Two InteractiveTTWOPublishes Grand Theft Auto, NBA 2K and mobile games through Zynga.Report | -2.0% | -20.3% | 0 | 1 | 1 | 2 | 0 | 0 | 4/36 | |
 CoreWeaveCRWVRents out Nvidia GPU computing to AI labs and large tech companies.Report | -2.5% | -55.4% | 1 | 1 | 1 | 1 | 0 | 0 | 4/36 | |
 Red CatRCATMakes small reconnaissance drones for the US Army and allied militaries.Report | +1.4% | -55.7% | 0 | 0 | 0 | 4 | 0 | 0 | 4/36 | |
 BigBear.aiBBAISells AI analytics software, mostly to US defense and government agencies.Report | +0.5% | -67.6% | 0 | 0 | 0 | 3 | 0 | 0 | 3/36 | |
 InfleqtionINFQBuilds quantum computers and quantum sensors based on neutral atoms.Report | -0.6% | -43.9% | 0 | 0 | 0 | 2 | 0 | 0 | 2/36 |
The filings behind this table close between 2026-06-30 and 2026-09-30, because these companies do not share a fiscal calendar; prices are the close of 2026-10-23. Each name links to its full report; every score is a count of pass-or-fail checks read from that company's own filings.
Where the sector falls short
median score per axis→Value is where the software and IT services companies we cover come up short most often, at a median of 1.5 of 6, while Growth runs at 4.
| Value | ●●○○○○ | 2 of 6 |
| Growth | ●●●●○○ | 4 of 6 |
| Quality | ●●●○○○ | 3 of 6 |
| Financial health | ●●●●○○ | 4 of 6 |
| Shareholder returns | ●●●○○○ | 3 of 6 |
| Trend | ●●●○○○ | 3 of 6 |
What a normal margin looks like here
sector percentiles · 252 filers→Gross margin varies widely among software and IT services companies: the middle of the field runs from 39% to 75%, with a midpoint of 63% measured over 252 filers.
| Metric | Bottom third | Midpoint | Top third |
|---|---|---|---|
| Gross margin n=252 | 39.1% | 62.6% | 74.5% |
| Operating margin n=405 | -3.6% | 3.8% | 11.0% |
| Net margin n=418 | -3.9% | 2.7% | 10.1% |
| Return on equity n=357 | -4.0% | 4.7% | 14.0% |
Who grows, and who keeps it
every company in the industry→MSFT, META, ORCL, V, MA, ADBE, INTU, ABNB, APP do both: growing faster than this industry's middle and keeping more of each sale than it does. The industry's middle is 10% growth on a 14% margin. XYZ, LYFT do neither.
A year of price
not a fact about the business→24 of 60 are up over twelve months and the median move is -15.8% - Okta (OKTA) at +144.8% against The Trade Desk (TTD) at -75.9%. Price is not a fact about a business, and the Trend chapter of each report says what it is measured on.
Head to head
3 pairsThe table above gives the order. These put two of them in one column each, so you can see where the difference actually is.