Sector Alpha Week of 2026-08-04
20-quarter listed-company comparison

Software - Application Stocks

Software - Application: Uber Technologies, Inc. owns the largest revenue base; Figma, Inc. has the fastest current growth.

01 · the industry itself · before any single company

How has Software - Application moved against S&P 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this industry is 14% behind S&P 500. Earnings across its companies grew 16% on average over the last four reported quarters. It has been ahead of S&P 500 on a rolling three-month view for 6 weeks running.

BREAKING OUT · ahead 6w✓Moving with the index76 of 140 companies ahead of S&P 500 by 5% or more over three months18 are 20% or more behind over a year while earnings grew 20% or more

RS ↑6w · 92/140 >200d (+40) · 76/140 lead (+5) · EPS 99/139↑

20020262025202420232022 245348 TRAILING 12-MONTH EPS · 100 AT THE START0100166Mar 22Sep 22Mar 23Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26Mar 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 36 reportingJun 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 46 reportingSep 2022 · trailing 12-month earnings per share at 94, against 100 at the start · no comparable year yet · 44 reportingDec 2022 · trailing 12-month earnings per share at 99, against 100 at the start · down 34.0% on a year ago · 47 reportingMar 2023 · trailing 12-month earnings per share at 100, against 100 at the start · down 5.7% on a year ago · 44 reportingJun 2023 · trailing 12-month earnings per share at 108, against 100 at the start · up 14.4% on a year ago · 48 reportingSep 2023 · trailing 12-month earnings per share at 118, against 100 at the start · up 19.1% on a year ago · 46 reportingDec 2023 · trailing 12-month earnings per share at 118, against 100 at the start · up 18.1% on a year ago · 49 reportingMar 2024 · trailing 12-month earnings per share at 125, against 100 at the start · up 22.7% on a year ago · 47 reportingJun 2024 · trailing 12-month earnings per share at 125, against 100 at the start · up 25.1% on a year ago · 49 reportingSep 2024 · trailing 12-month earnings per share at 138, against 100 at the start · up 27.4% on a year ago · 47 reportingDec 2024 · trailing 12-month earnings per share at 145, against 100 at the start · up 25.3% on a year ago · 49 reportingMar 2025 · trailing 12-month earnings per share at 148, against 100 at the start · up 21.2% on a year ago · 50 reportingJun 2025 · trailing 12-month earnings per share at 153, against 100 at the start · up 17.2% on a year ago · 51 reportingSep 2025 · trailing 12-month earnings per share at 156, against 100 at the start · up 22.6% on a year ago · 50 reportingDec 2025 · trailing 12-month earnings per share at 166, against 100 at the start · up 12.2% on a year ago · 51 reportingMar 2026 · trailing 12-month earnings per share at 164, against 100 at the start · up 11.3% on a year ago · 50 reportingNot reported yet — earnings trail price by a quarter or two164 · Mar 26No earnings on file this far back — the price series reaches further than the filings do
20020262025202420232022 245348 TRAILING 12-MONTH EPS · 100 AT THE START0100166Mar 22Mar 23Mar 24Mar 25Mar 26Mar 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 36 reportingJun 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 46 reportingSep 2022 · trailing 12-month earnings per share at 94, against 100 at the start · no comparable year yet · 44 reportingDec 2022 · trailing 12-month earnings per share at 99, against 100 at the start · down 34.0% on a year ago · 47 reportingMar 2023 · trailing 12-month earnings per share at 100, against 100 at the start · down 5.7% on a year ago · 44 reportingJun 2023 · trailing 12-month earnings per share at 108, against 100 at the start · up 14.4% on a year ago · 48 reportingSep 2023 · trailing 12-month earnings per share at 118, against 100 at the start · up 19.1% on a year ago · 46 reportingDec 2023 · trailing 12-month earnings per share at 118, against 100 at the start · up 18.1% on a year ago · 49 reportingMar 2024 · trailing 12-month earnings per share at 125, against 100 at the start · up 22.7% on a year ago · 47 reportingJun 2024 · trailing 12-month earnings per share at 125, against 100 at the start · up 25.1% on a year ago · 49 reportingSep 2024 · trailing 12-month earnings per share at 138, against 100 at the start · up 27.4% on a year ago · 47 reportingDec 2024 · trailing 12-month earnings per share at 145, against 100 at the start · up 25.3% on a year ago · 49 reportingMar 2025 · trailing 12-month earnings per share at 148, against 100 at the start · up 21.2% on a year ago · 50 reportingJun 2025 · trailing 12-month earnings per share at 153, against 100 at the start · up 17.2% on a year ago · 51 reportingSep 2025 · trailing 12-month earnings per share at 156, against 100 at the start · up 22.6% on a year ago · 50 reportingDec 2025 · trailing 12-month earnings per share at 166, against 100 at the start · up 12.2% on a year ago · 51 reportingMar 2026 · trailing 12-month earnings per share at 164, against 100 at the start · up 11.3% on a year ago · 50 reportingNot reported yet — earnings trail price by a quarter or two164No earnings on file this far back — the price series reaches further than the filings do
Software - Application, equal-weighted, based at 200 S&P 500, same base, same start trailing 12-month earnings per share rising falling

Both lines start at 200 in the same week, so the distance between them is the whole story: the industry line is an equal-weighted index of its 140 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the industry taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

02 · sector relative strength, before individual stocks

Is Software - Application outperforming S&P 500?

Software - Application has underperformed S&P 500 by 32.1% over the last 52 weeks. Over 13 weeks the gap is a lead of 6.6%. 3 of 28 covered companies currently beat the S&P 500 on Mansfield relative strength, so leadership inside the sector is selective. Datadog, Inc. is the strongest against the sector itself at +71.9%.

+6.6%Sector vs S&P 500 · 13 weeks
-32.1%Sector vs S&P 500 · 52 weeks
3/28Stocks leading S&P 500
9/28Stocks leading sector

Sector metric: — as of latest available · unclassified · direction unavailable.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

Software - Application has underperformed S&P 500 by 32.1% over 52 weeks and 6.6% over 13 weeks. 3 of 28 covered companies beat the S&P 500 on Mansfield relative strength, while 9 of 28 beat the sector itself. Uber Technologies, Inc. leads with revenue of $53,687 million, based on 18 of 30 comparable companies through Mar 2026.

Companies
30
complete canonical membership
Combined market value
$1.9T
SAP SE
Revenue growing
18/18
positive TTM year-on-year growth
Beating S&P 500
3/28
positive Mansfield relative strength
Comparing 5 of 30
03 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Zoom Communications, Inc. has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 85.3% evidence confidence.
Fiserv, Inc. looks inexpensive relative to peers or its own history, but its earnings trajectory has not yet earned the valuation signal.
Automatic Data Processing, Inc. has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.
How this score is built, and what the marks mean

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led S&P 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1Zoom Communications, Inc.ZM 63.9/100Mixed-positive evidence85% evidence ASLEEP 21.4/35 Revenue 5% · PAT 97.5% · OPM change 4.5 pp 95% evidence 13.1/25 ROCE 3.2% · OPM 25.1% 76% evidence 16.1/20 P/E 14.3× · PEG 0.55 65% evidence 13.3/20 RS sector 15.8% · RS bench 5.3% · 1Y 42.7%4 of 12 weeks ahead 100% evidence
Exact sum: 21.4 + 13.1 + 16.1 + 13.3 = 63.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2Autodesk, Inc.ADSK 62.7/100Mixed-positive evidence85% evidence BASING 29.4/35 Revenue 18.3% · PAT 44.6% · OPM change 13.7 pp 95% evidence 15.9/25 ROCE 8.8% · OPM 28% 76% evidence 12.9/20 P/E 34.5× · PEG 0.74 65% evidence 4.5/20 RS sector -8.5% · RS bench -19.5% · 1Y -18.4%0 of 12 weeks ahead 100% evidence
Exact sum: 29.4 + 15.9 + 12.9 + 4.5 = 62.7 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -8.5% and the one-year return is -18.4%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
3Automatic Data Processing, Inc.ADP 60.1/100Thin evidence · provisional58% evidence BREAKING OUT 16.2/35 Revenue — · PAT — · OPM change 0.7 pp 45% evidence 16.8/25 ROCE 10% · OPM 30.1% 76% evidence 10.1/20 P/E 20.5× · PEG — 15% evidence 17.0/20 RS sector 10.8% · RS bench -2% · 1Y -11.5%6 of 12 weeks ahead 100% evidence
Exact sum: 16.2 + 16.8 + 10.1 + 17 = 60.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
4Paychex, Inc.PAYX 59.9/100Mixed-positive evidence85% evidence BREAKING OUT 20.9/35 Revenue 16.9% · PAT 6.3% · OPM change 7.5 pp 95% evidence 15.9/25 ROCE 6.4% · OPM 37.7% 76% evidence 6.6/20 P/E 19.8× · PEG 2.83 65% evidence 16.5/20 RS sector 10% · RS bench -2.8% · 1Y -16%5 of 12 weeks ahead 100% evidence
Exact sum: 20.9 + 15.9 + 6.6 + 16.5 = 59.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
5Snowflake Inc.SNOW 59.0/100Mixed-positive evidence64% evidence BREAKING OUT 25.3/35 Revenue 31.1% · PAT — · OPM change 19.5 pp 71% evidence 4.0/25 ROCE -6.6% · OPM -23.4% 76% evidence 10.0/20 P/E — · PEG — 0% evidence 19.7/20 RS sector 49% · RS bench 32.7% · 1Y 65.2%11 of 12 weeks ahead 100% evidence
Exact sum: 25.3 + 4 + 10 + 19.7 = 59 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
6Workday, Inc.WDAY 57.6/100Mixed-positive evidence85% evidence BREAKING OUT 26.3/35 Revenue 13.3% · PAT 73.9% · OPM change 11.6 pp 95% evidence 10.3/25 ROCE 3.1% · OPM 13.3% 76% evidence 7.7/20 P/E 38.3× · PEG 2.14 65% evidence 13.3/20 RS sector -0.1% · RS bench -13.9% · 1Y -22.9%5 of 12 weeks ahead 100% evidence
Exact sum: 26.3 + 10.3 + 7.7 + 13.3 = 57.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
7Fair Isaac CorporationFICO 57.2/100Thin evidence · provisional58% evidence ASLEEP 24.5/35 Revenue — · PAT — · OPM change 8.9 pp 45% evidence 21.5/25 ROCE 30.4% · OPM 58.2% 76% evidence 9.8/20 P/E 34.5× · PEG — 15% evidence 1.4/20 RS sector -23.9% · RS bench -33.2% · 1Y -20.7%3 of 12 weeks ahead 100% evidence
Exact sum: 24.5 + 21.5 + 9.8 + 1.4 = 57.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
8SS&C Technologies Holdings, Inc.SSNC 55.1/100Thin evidence · provisional58% evidence TURNING 18.2/35 Revenue — · PAT — · OPM change 0.6 pp 45% evidence 12.6/25 ROCE 2.8% · OPM 24.2% 76% evidence 10.7/20 P/E 17.8× · PEG — 15% evidence 13.6/20 RS sector 5% · RS bench -6.9% · 1Y -6.6%3 of 12 weeks ahead 100% evidence
Exact sum: 18.2 + 12.6 + 10.7 + 13.6 = 55.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
9Guidewire Software, Inc.GWRE 53.1/100Mixed-positive evidence75% evidence TURNING 27.3/35 Revenue 25% · PAT 100% · OPM change 6.7 pp 95% evidence 7.1/25 ROCE 1.5% · OPM 8.2% 76% evidence 8.9/20 P/E 74.8× · PEG — 15% evidence 9.8/20 RS sector -5.9% · RS bench -18.7% · 1Y -24.8%1 of 12 weeks ahead 100% evidence
Exact sum: 27.3 + 7.1 + 8.9 + 9.8 = 53.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
10SAP SESAP 52.9/100Thin evidence · provisional58% evidence TURNING 18.7/35 Revenue — · PAT — · OPM change 2.8 pp 45% evidence 14.2/25 ROCE 5% · OPM 28.7% 76% evidence 10.5/20 P/E 19.8× · PEG — 15% evidence 9.5/20 RS sector -6.5% · RS bench -18.5% · 1Y -33.1%1 of 12 weeks ahead 100% evidence
Exact sum: 18.7 + 14.2 + 10.5 + 9.5 = 52.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
11Cadence Design Systems, Inc.CDNS 52.7/100Thin evidence · provisional58% evidence ASLEEP 19.8/35 Revenue — · PAT — · OPM change 0.2 pp 45% evidence 14.8/25 ROCE 4.9% · OPM 29.3% 76% evidence 9.0/20 P/E 74.6× · PEG — 15% evidence 9.1/20 RS sector 2.7% · RS bench -7.4% · 1Y -3.2%8 of 12 weeks ahead 100% evidence
Exact sum: 19.8 + 14.8 + 9 + 9.1 = 52.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
12Intuit Inc.INTU 52.5/100Mixed-positive evidence85% evidence BASING 19.6/35 Revenue 15% · PAT 32.2% · OPM change -1 pp 95% evidence 18.1/25 ROCE 14.9% · OPM 47% 76% evidence 13.6/20 P/E 23.5× · PEG 0.69 65% evidence 1.2/20 RS sector -32.9% · RS bench -42.6% · 1Y -56.8%0 of 12 weeks ahead 100% evidence
Exact sum: 19.6 + 18.1 + 13.6 + 1.2 = 52.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
13Salesforce, Inc.CRM 52.2/100Mixed-positive evidence85% evidence TURNING 19.1/35 Revenue 11% · PAT 29.3% · OPM change 1.3 pp 95% evidence 11.9/25 ROCE 3.1% · OPM 21.1% 76% evidence 14.8/20 P/E 20.4× · PEG 0.58 65% evidence 6.4/20 RS sector -8.2% · RS bench -19.4% · 1Y -20.6%0 of 12 weeks ahead 100% evidence
Exact sum: 19.1 + 11.9 + 14.8 + 6.4 = 52.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
14Roper Technologies, Inc.ROP 51.5/100Thin evidence · provisional58% evidence TURNING 16.6/35 Revenue — · PAT — · OPM change -0.7 pp 45% evidence 12.2/25 ROCE 1.9% · OPM 27.2% 76% evidence 11.2/20 P/E 14× · PEG — 15% evidence 11.5/20 RS sector -1.8% · RS bench -13.9% · 1Y -26.5%2 of 12 weeks ahead 100% evidence
Exact sum: 16.6 + 12.2 + 11.2 + 11.5 = 51.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
15Adobe Inc.ADBE 50.8/100Mixed-positive evidence85% evidence BASING 15.9/35 Revenue 11.5% · PAT 5.2% · OPM change -2.1 pp 95% evidence 17.7/25 ROCE 12.1% · OPM 33.8% 76% evidence 12.1/20 P/E 14.8× · PEG 1.25 65% evidence 5.1/20 RS sector -9.2% · RS bench -20.6% · 1Y -24.5%0 of 12 weeks ahead 100% evidence
Exact sum: 15.9 + 17.7 + 12.1 + 5.1 = 50.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
16PTC Inc.PTC 46.4/100Thin evidence · provisional58% evidence BASING 17.7/35 Revenue — · PAT — · OPM change 3.1 pp 45% evidence 13.9/25 ROCE 3.1% · OPM 38.2% 76% evidence 11.4/20 P/E 11× · PEG — 15% evidence 3.4/20 RS sector -11.2% · RS bench -22.3% · 1Y -31%0 of 12 weeks ahead 100% evidence
Exact sum: 17.7 + 13.9 + 11.4 + 3.4 = 46.4 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
17Datadog, Inc.DDOG 43.9/100Mixed-negative evidence81% evidence LEADER 18.3/35 Revenue 29.5% · PAT -18% · OPM change 2.3 pp 83% evidence 6.3/25 ROCE 0.2% · OPM 0.7% 76% evidence 3.6/20 P/E 302.7× · PEG 4.93 65% evidence 15.7/20 RS sector 71.9% · RS bench 58.3% · 1Y 120.1%12 of 12 weeks ahead 100% evidence
Exact sum: 18.3 + 6.3 + 3.6 + 15.7 = 43.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
18Dynatrace, Inc.DT 43.8/100Mixed-negative evidence71% evidence BREAKING OUT 12.3/35 Revenue 18.9% · PAT -66.5% · OPM change -2.6 pp 83% evidence 9.3/25 ROCE 1.3% · OPM 7% 76% evidence 9.2/20 P/E 68.5× · PEG — 15% evidence 13.0/20 RS sector 7.8% · RS bench -4.3% · 1Y -1.1%9 of 12 weeks ahead 100% evidence
Exact sum: 12.3 + 9.3 + 9.2 + 13 = 43.8 · Decision use: Price leads the evidence: RS versus the benchmark is -4.3%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
19Shopify Inc.SHOP 42.9/100Mixed-negative evidence74% evidence TURNING 22.8/35 Revenue 31.9% · PAT 56% · OPM change 3.5 pp 62% evidence 9.9/25 ROCE 3.2% · OPM 12.1% 76% evidence 4.2/20 P/E 117.4× · PEG 4.21 65% evidence 6.0/20 RS sector -7.5% · RS bench -18.5% · 1Y -17.8%1 of 12 weeks ahead 100% evidence
Exact sum: 22.8 + 9.9 + 4.2 + 6 = 42.9 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -7.5% and the one-year return is -17.8%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
20Uber Technologies, Inc.UBER 42.9/100Mixed-negative evidence71% evidence ASLEEP 17.7/35 Revenue 18.3% · PAT -29.8% · OPM change 4 pp 83% evidence 11.3/25 ROCE 4.3% · OPM 14.6% 76% evidence 10.6/20 P/E 17.9× · PEG — 15% evidence 3.3/20 RS sector -10.2% · RS bench -20.6% · 1Y -19.6%0 of 12 weeks ahead 100% evidence
Exact sum: 17.7 + 11.3 + 10.6 + 3.3 = 42.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
21ServiceNow, Inc.NOW 42.0/100Thin evidence · provisional58% evidence BREAKING OUT 14.0/35 Revenue — · PAT — · OPM change -1.3 pp 45% evidence 9.9/25 ROCE 1% · OPM 13.3% 76% evidence 9.3/20 P/E 62× · PEG — 15% evidence 8.8/20 RS sector -9% · RS bench -21.7% · 1Y -32.3%4 of 12 weeks ahead 100% evidence
Exact sum: 14 + 9.9 + 9.3 + 8.8 = 42 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
22Fiserv, Inc.FISV 41.8/100Mixed-negative evidence81% evidence BASING 8.7/35 Revenue 1.9% · PAT -20.1% · OPM change -8.9 pp 83% evidence 11.5/25 ROCE 1.6% · OPM 18.3% 76% evidence 15.6/20 P/E 9.5× · PEG 0.6 65% evidence 6.0/20 RS sector -22.2% · RS bench -33.8% · 1Y -58.1%0 of 12 weeks ahead 100% evidence
Exact sum: 8.7 + 11.5 + 15.6 + 6 = 41.8 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
23Tyler Technologies, Inc.TYL 40.8/100Thin evidence · provisional58% evidence BASING 16.9/35 Revenue — · PAT — · OPM change 0.5 pp 45% evidence 11.7/25 ROCE 2.3% · OPM 16.3% 76% evidence 9.4/20 P/E 38.8× · PEG — 15% evidence 2.8/20 RS sector -20.2% · RS bench -30.8% · 1Y -47.3%0 of 12 weeks ahead 100% evidence
Exact sum: 16.9 + 11.7 + 9.4 + 2.8 = 40.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
24Atlassian CorporationTEAM 39.9/100Mixed-negative evidence61% evidence BREAKING OUT 13.5/35 Revenue 24% · PAT — · OPM change -2.2 pp 62% evidence 4.8/25 ROCE -2.2% · OPM -3.1% 76% evidence 10.0/20 P/E — · PEG — 0% evidence 11.6/20 RS sector -2.9% · RS bench -17.2% · 1Y -34.4%10 of 12 weeks ahead 100% evidence
Exact sum: 13.5 + 4.8 + 10 + 11.6 = 39.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
25Grab Holdings LimitedGRAB 38.3/100Mixed-negative evidence64% evidence ASLEEP 20.9/35 Revenue 21.8% · PAT — · OPM change 5 pp 62% evidence 5.7/25 ROCE 0.3% · OPM 2.3% 76% evidence 8.5/20 P/E 366× · PEG — 15% evidence 3.2/20 RS sector -15.7% · RS bench -26.4% · 1Y -23.8%0 of 12 weeks ahead 100% evidence
Exact sum: 20.9 + 5.7 + 8.5 + 3.2 = 38.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
26Unity Software Inc.U 37.8/100Mixed-negative evidence61% evidence BREAKING OUT 8.7/35 Revenue 7.5% · PAT — · OPM change -39.7 pp 62% evidence 4.1/25 ROCE -6.5% · OPM -69.1% 76% evidence 10.0/20 P/E — · PEG — 0% evidence 15.0/20 RS sector 10.4% · RS bench -4.2% · 1Y 5.9%12 of 12 weeks ahead 100% evidence
Exact sum: 8.7 + 4.1 + 10 + 15 = 37.8 · Decision use: Price leads the evidence: RS versus the benchmark is -4.2%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
27Figma, Inc.FIG 31.9/100Thin evidence · provisional55% evidence BREAKING OUT 13.3/35 Revenue 41.4% · PAT — · OPM change -58.6 pp 62% evidence 3.9/25 ROCE -9.3% · OPM -41.2% 76% evidence 10.0/20 P/E — · PEG — 0% evidence 4.7/20 RS sector -16.3% · RS bench -30.2% · 1Y -65.3%5 of 12 weeks ahead 70% evidence
Exact sum: 13.3 + 3.9 + 10 + 4.7 = 31.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
28Strategy IncMSTR 26.0/100Thin evidence · provisional54% evidence ASLEEP 9.8/35 Revenue — · PAT — · OPM change -6310.1 pp 45% evidence 5.2/25 ROCE -14.3% · OPM — 61% evidence 10.8/20 P/E 15× · PEG — 15% evidence 0.2/20 RS sector -45% · RS bench -53.6% · 1Y -75.3%2 of 12 weeks ahead 100% evidence
Exact sum: 9.8 + 5.2 + 10.8 + 0.2 = 26 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
29Bending Spoons S.p.A.BSP 51.0/100Thin evidence · provisional24% evidence 17.8/35 Revenue — · PAT — · OPM change 13.5 pp 13% evidence 13.2/25 ROCE 5.5% · OPM 38.8% 76% evidence 10.0/20 P/E — · PEG — 0% evidence 10.0/20 RS sector — · RS bench — · 1Y — 0% evidence
Exact sum: 17.8 + 13.2 + 10 + 10 = 51 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
30Quantinuum Inc.QNT 41.6/100Thin evidence · provisional20% evidence 16.1/35 Revenue — · PAT — · OPM change -1316.6 pp 13% evidence 5.5/25 ROCE -9% · OPM — 61% evidence 10.0/20 P/E — · PEG — 0% evidence 10.0/20 RS sector — · RS bench — · 1Y — 0% evidence
Exact sum: 16.1 + 5.5 + 10 + 10 = 41.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
Showing 10 of 30 companies
04 · what price has already done

Market action

Datadog, Inc. has the strongest one-year price move in Software - Application at +120.1%. It also leads on Mansfield relative strength against the S&P 500 at +58.3%. 3 of 28 covered companies are above zero on that measure. Every line covers 314 weekly closes through 2026-08-04.

Price and relative strength

Every company, the sector's own index and S&P 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

05 · compare level, then change

Revenue Scale & Growth Durability

Uber Technologies, Inc. has the highest Revenue among the 30 Software - Application companies compared here, at $53,687 million. Salesforce, Inc. is next at $42,829 million. Figma, Inc. has the highest Revenue growth at 41.4%, so level and change sit with different companies. 18 of 30 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Uber Technologies, Inc. is the scale leader at $53,687 million, 25.4% ahead of Salesforce, Inc.. Figma, Inc.'s growth is 41.4% from a $1,161 million base, with 9 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderUber Technologies, Inc. · $53,687 million
Gap25.4% versus #2 · Salesforce, Inc.
Persistence8/8 recent comparable periods
Coverage18/30 companies · 531 observations

Investor read: Uber Technologies, Inc. is the scale benchmark; Figma, Inc. is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Uber Technologies, Inc.'s growth falls below Figma, Inc.'s for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1Uber Technologies, Inc. UBER$53.7B
2Salesforce, Inc. CRM$42.8B
3Adobe Inc. ADBE$25.2B
4Fiserv, Inc. FISV$21.1B
5Intuit Inc. INTU$20.9B
Revenue growthfastest growers
1Figma, Inc. FIG41%
2Shopify Inc. SHOP32%
3Snowflake Inc. SNOW31%
4Datadog, Inc. DDOG30%
5Guidewire Software, Inc. GWRE25%
Revenue · company comparison
18/30 level · 18/30 change

On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
Uber Technologies, Inc. UBER$13.2B14%Mar 2026
Salesforce, Inc. CRM$11.1B13%Jun 2026
SAP SE SAP$9.6B6.0%Jun 2026
Intuit Inc. INTU$8.6B10%Jun 2026
Adobe Inc. ADBE$6.6B13%Jun 2026
Automatic Data Processing, Inc. ADP$5.9B7.0%Jun 2026
Fiserv, Inc. FISV$5.0B-2.0%Mar 2026
ServiceNow, Inc. NOW$3.8B22%Jun 2026
Shopify Inc. SHOP$3.2B34%Mar 2026
Workday, Inc. WDAY$2.5B13%Jun 2026
Roper Technologies, Inc. ROP$2.1B11%Jun 2026
Autodesk, Inc. ADSK$1.9B18%Jun 2026
Atlassian Corporation TEAM$1.8B32%Mar 2026
SS&C Technologies Holdings, Inc. SSNC$1.6B8.8%Jun 2026
Paychex, Inc. PAYX$1.6B13%Jun 2026
Cadence Design Systems, Inc. CDNS$1.5B19%Jun 2026
Snowflake Inc. SNOW$1.4B33%Jun 2026
Zoom Communications, Inc. ZM$1.2B5.5%Jun 2026
Datadog, Inc. DDOG$1.0B32%Mar 2026
Grab Holdings Limited GRAB$955M24%Mar 2026
PTC Inc. PTC$774M22%Jun 2026
Fair Isaac Corporation FICO$692M39%Jun 2026
Tyler Technologies, Inc. TYL$614M8.7%Jun 2026
Bending Spoons S.p.A. BSP$601M132%Mar 2026
Dynatrace, Inc. DT$532M20%Mar 2026
Unity Software Inc. U$508M17%Mar 2026
Guidewire Software, Inc. GWRE$373M27%Jun 2026
Figma, Inc. FIG$333M46%Mar 2026
Strategy Inc MSTR$124M12%Jun 2026
Quantinuum Inc. QNT$5M-74%Mar 2026
Full 20-quarter history · every available company

Revenue · reported quarter history

Showing the 12 largest of 30 companies with a series here. The remaining 18 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Adobe Inc. · ADBE

$3.9B
$4.1B
$4.3B
$4.4B
$4.4B
$4.5B
$4.7B
$4.8B
$4.9B
$5.0B
$5.2B
$5.3B
$5.4B
$5.6B
$5.7B
$5.9B
$6.0B
$6.2B
$6.4B
$6.6B

Autodesk, Inc. · ADSK

$1.1B
$1.1B
$1.2B
$1.2B
$1.2B
$1.3B
$1.3B
$1.3B
$1.3B
$1.4B
$1.5B
$1.4B
$1.5B
$1.6B
$1.6B
$1.6B
$1.8B
$1.9B
$2.0B
$1.9B

Automatic Data Processing, Inc. · ADP

$3.8B
$4.0B
$4.5B
$4.1B
$4.2B
$4.4B
$4.9B
$4.5B
$4.5B
$4.7B
$5.3B
$4.8B
$4.8B
$5.0B
$5.6B
$5.1B
$5.2B
$5.4B
$5.9B
—

Cadence Design Systems, Inc. · CDNS

$728M
$751M
$773M
$902M
$858M
$903M
$1.0B
$977M
$1.0B
$1.1B
$1.0B
$1.1B
$1.2B
$1.4B
$1.2B
$1.3B
$1.3B
$1.4B
$1.5B
—

Datadog, Inc. · DDOG

$270M
$326M
$363M
$406M
$437M
$469M
$482M
$509M
$548M
$590M
$611M
$645M
$690M
$738M
$762M
$827M
$886M
$953M
$1.0B
—

Intuit Inc. · INTU

$2.6B
$2.0B
$2.7B
$5.6B
$2.4B
$2.6B
$3.0B
$6.0B
$2.7B
$3.0B
$3.4B
$6.7B
$3.2B
$3.3B
$4.0B
$7.8B
$3.8B
$3.9B
$4.7B
$8.6B

Salesforce, Inc. · CRM

$6.3B
$6.9B
$7.3B
$7.4B
$7.7B
$7.8B
$8.4B
$8.2B
$8.6B
$8.7B
$9.3B
$9.1B
$9.3B
$9.4B
$10.0B
$9.8B
$10.2B
$10.3B
$11.2B
$11.1B

SAP SE · SAP

$6.8B
$8.0B
$6.8B
$7.2B
$7.5B
$8.1B
$7.4B
$7.6B
$7.7B
$8.5B
$8.0B
$8.3B
$8.5B
$9.4B
$9.0B
$9.0B
$9.1B
$9.7B
$9.6B
—

ServiceNow, Inc. · NOW

$1.5B
$1.6B
$1.7B
$1.8B
$1.8B
$1.9B
$2.1B
$2.2B
$2.3B
$2.4B
$2.6B
$2.6B
$2.8B
$3.0B
$3.1B
$3.2B
$3.4B
$3.6B
$3.8B
—

Shopify Inc. · SHOP

$1.1B
$1.4B
$1.2B
$1.3B
$1.4B
$1.7B
$1.5B
$1.7B
$1.7B
$2.1B
$1.9B
$2.0B
$2.2B
$2.8B
$2.4B
$2.7B
$2.8B
$3.7B
$3.2B
—

Snowflake Inc. · SNOW

$272M
$334M
$384M
$422M
$497M
$557M
$589M
$624M
$674M
$734M
$775M
$829M
$869M
$942M
$987M
$1.0B
$1.1B
$1.2B
$1.3B
$1.4B

Uber Technologies, Inc. · UBER

$4.8B
$5.8B
$6.9B
$8.1B
$8.3B
$8.6B
$8.8B
$9.2B
$9.3B
$9.9B
$10.1B
$10.7B
$11.2B
$12.0B
$11.5B
$12.7B
$13.5B
$14.4B
$13.2B
—

Revenue growth · reported quarter history

Showing the 12 largest of 30 companies with a series here. The remaining 18 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Adobe Inc. · ADBE

—
—
—
—
13%
10%
9.2%
9.8%
10%
12%
11%
10%
11%
11%
10%
11%
11%
10%
12%
13%

Autodesk, Inc. · ADSK

—
—
—
—
17%
14%
8.8%
8.5%
8.7%
10%
11%
12%
12%
11%
12%
15%
17%
18%
19%
18%

Automatic Data Processing, Inc. · ADP

—
—
—
10%
10%
9.1%
9.2%
8.5%
7.0%
6.3%
6.6%
6.5%
7.1%
8.1%
5.7%
7.5%
7.1%
6.2%
7.0%
—

Cadence Design Systems, Inc. · CDNS

—
—
—
—
18%
20%
32%
8.3%
19%
18%
-1.3%
8.6%
19%
27%
23%
20%
10%
6.2%
19%
—

Datadog, Inc. · DDOG

—
—
—
74%
62%
44%
33%
25%
25%
26%
27%
27%
26%
25%
25%
28%
28%
29%
32%
—

Intuit Inc. · INTU

—
—
—
—
-5.7%
29%
14%
6.9%
12%
15%
11%
12%
17%
10%
17%
15%
20%
18%
17%
10%

Salesforce, Inc. · CRM

—
—
—
—
22%
14%
14%
11%
11%
11%
11%
11%
8.4%
8.3%
7.6%
7.6%
9.8%
8.6%
12%
13%

SAP SE · SAP

—
—
—
8.1%
9.2%
1.0%
9.9%
4.8%
3.6%
5.0%
8.1%
9.7%
9.4%
11%
12%
8.9%
7.2%
3.3%
6.0%
—

ServiceNow, Inc. · NOW

—
—
—
24%
21%
20%
22%
23%
25%
26%
24%
22%
22%
21%
19%
22%
22%
21%
22%
—

Shopify Inc. · SHOP

—
—
—
16%
22%
26%
25%
31%
25%
24%
23%
21%
26%
31%
27%
31%
32%
31%
34%
—

Snowflake Inc. · SNOW

—
—
—
—
83%
67%
53%
48%
36%
32%
32%
33%
29%
28%
27%
26%
32%
29%
30%
33%

Uber Technologies, Inc. · UBER

—
—
—
105%
72%
49%
29%
14%
11%
15%
15%
16%
20%
20%
14%
18%
20%
20%
14%
—
06 · compare level, then change

Operating Economics & Margin Trend

Fair Isaac Corporation has the highest OPM among the 30 Software - Application companies compared here, at 58.2%. Intuit Inc. is next at 47%. Snowflake Inc. has the highest Margin change at +19.5 percentage points, so level and change sit with different companies. 28 of 30 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Fair Isaac Corporation leads opm at 58.2%; Snowflake Inc. leads margin change at +19.5 percentage points.

LeaderFair Isaac Corporation · 58.2%
Gap23.8% versus #2 · Intuit Inc.
Persistence7/8 recent comparable periods
Coverage28/30 companies · 525 observations

Investor read: Fair Isaac Corporation sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1Fair Isaac Corporation FICO58%
2Intuit Inc. INTU47%
3Bending Spoons S.p.A. BSP39%
4PTC Inc. PTC38%
5Paychex, Inc. PAYX38%
Margin changefastest expanders
1Snowflake Inc. SNOW+19.5 pp
2Autodesk, Inc. ADSK+13.7 pp
3Bending Spoons S.p.A. BSP+13.5 pp
4Workday, Inc. WDAY+11.6 pp
5Fair Isaac Corporation FICO+8.9 pp
Operating margin · company comparison
28/30 level · 30/30 change
All-company data · latest reported quarter
CompanyOPMMargin changeReported
Fair Isaac Corporation FICO58%+8.9 ppJun 2026
Intuit Inc. INTU47%−1.0 ppJun 2026
Bending Spoons S.p.A. BSP39%+13.5 ppMar 2026
PTC Inc. PTC38%+3.1 ppJun 2026
Paychex, Inc. PAYX38%+7.5 ppJun 2026
Adobe Inc. ADBE34%−2.1 ppJun 2026
Automatic Data Processing, Inc. ADP30%+0.7 ppJun 2026
Cadence Design Systems, Inc. CDNS29%+0.2 ppJun 2026
SAP SE SAP29%+2.8 ppJun 2026
Autodesk, Inc. ADSK28%+13.7 ppJun 2026
Roper Technologies, Inc. ROP27%−0.7 ppJun 2026
Zoom Communications, Inc. ZM25%+4.5 ppJun 2026
SS&C Technologies Holdings, Inc. SSNC24%+0.6 ppJun 2026
Salesforce, Inc. CRM21%+1.3 ppJun 2026
Fiserv, Inc. FISV18%−8.9 ppMar 2026
Tyler Technologies, Inc. TYL16%+0.5 ppJun 2026
Uber Technologies, Inc. UBER15%+4.0 ppMar 2026
ServiceNow, Inc. NOW13%−1.3 ppJun 2026
Workday, Inc. WDAY13%+11.6 ppJun 2026
Shopify Inc. SHOP12%+3.5 ppMar 2026
Guidewire Software, Inc. GWRE8.2%+6.7 ppJun 2026
Dynatrace, Inc. DT7.0%−2.6 ppMar 2026
Grab Holdings Limited GRAB2.3%+5.0 ppMar 2026
Datadog, Inc. DDOG0.7%+2.3 ppMar 2026
Atlassian Corporation TEAM-3.1%−2.2 ppMar 2026
Snowflake Inc. SNOW-23%+19.5 ppJun 2026
Figma, Inc. FIG-41%−58.6 ppMar 2026
Unity Software Inc. U-69%−39.7 ppMar 2026
Quantinuum Inc. QNT-157%−1,316.6 ppMar 2026
Strategy Inc MSTR-842%−6,310.1 ppJun 2026
Full 20-quarter history · every available company

OPM · reported quarter history

Showing the 12 largest of 30 companies with a series here. The remaining 18 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Adobe Inc. · ADBE

37%
37%
37%
35%
34%
33%
34%
34%
35%
35%
18%
36%
37%
35%
38%
36%
36%
37%
38%
34%

Autodesk, Inc. · ADSK

14%
17%
12%
18%
20%
20%
21%
17%
20%
24%
21%
21%
23%
22%
22%
14%
25%
25%
22%
28%

Automatic Data Processing, Inc. · ADP

23%
22%
26%
20%
24%
25%
28%
23%
25%
25%
29%
23%
26%
26%
29%
24%
26%
26%
30%
—

Cadence Design Systems, Inc. · CDNS

26%
26%
25%
35%
33%
29%
32%
31%
29%
32%
25%
28%
29%
34%
29%
19%
32%
32%
29%
—

Datadog, Inc. · DDOG

-1.8%
2.6%
2.9%
-0.8%
-7.2%
-7.4%
-7.3%
-4.3%
-0.8%
4.7%
2.0%
2.0%
2.9%
1.3%
-1.6%
-4.3%
-0.7%
1.0%
0.7%
—

Intuit Inc. · INTU

16%
9.7%
2.1%
43%
-3.1%
2.9%
8.9%
46%
0.6%
10%
11%
46%
-4.7%
8.3%
15%
48%
8.8%
14%
18%
47%

Salesforce, Inc. · CRM

5.2%
0.6%
-2.4%
0.3%
2.5%
5.9%
4.3%
5.0%
17%
17%
18%
19%
19%
20%
18%
20%
23%
21%
17%
21%

SAP SE · SAP

18%
18%
22%
15%
21%
25%
11%
18%
22%
23%
-9.8%
15%
26%
22%
26%
27%
27%
26%
29%
—

ServiceNow, Inc. · NOW

4.9%
2.2%
5.1%
1.3%
5.0%
8.0%
6.9%
5.4%
10%
11%
13%
9.1%
15%
13%
15%
11%
17%
12%
13%
—

Shopify Inc. · SHOP

-0.4%
1.0%
-8.1%
-15%
-25%
-11%
-13%
-97%
7.1%
14%
4.6%
12%
13%
17%
8.6%
11%
12%
17%
12%
—

Snowflake Inc. · SNOW

-74%
-47%
-40%
-45%
-42%
-37%
-41%
-44%
-42%
-36%
-36%
-42%
-41%
-39%
-39%
-43%
-30%
-27%
-25%
-23%

Uber Technologies, Inc. · UBER

-12%
-9.5%
-7.0%
-8.8%
-5.9%
-1.6%
-3.0%
3.5%
4.2%
6.6%
1.7%
7.4%
9.5%
6.4%
11%
12%
8.3%
12%
15%
—

Margin change · reported quarter history

Showing the 12 largest of 30 companies with a series here. The remaining 18 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Adobe Inc. · ADBE

—
—
—
—
−3.1 pp
−3.2 pp
−3.0 pp
−1.2 pp
+1.2 pp
+1.2 pp
−16.6 pp
+1.8 pp
+2.1 pp
+0.4 pp
+20.4 pp
+0.4 pp
−0.5 pp
+1.6 pp
−0.1 pp
−2.1 pp

Autodesk, Inc. · ADSK

—
—
—
—
+5.6 pp
+2.9 pp
+9.2 pp
−1.2 pp
−0.1 pp
+3.6 pp
+0.4 pp
+4.0 pp
+3.3 pp
−1.6 pp
+0.9 pp
−6.8 pp
+2.4 pp
+3.4 pp
−0.3 pp
+13.7 pp

Automatic Data Processing, Inc. · ADP

—
—
—
+1.5 pp
+1.0 pp
+2.3 pp
+1.5 pp
+3.1 pp
+0.5 pp
+0.7 pp
+1.7 pp
0.0 pp
+1.6 pp
+0.3 pp
0.0 pp
+0.4 pp
−0.5 pp
+0.5 pp
+0.7 pp
—

Cadence Design Systems, Inc. · CDNS

—
—
—
—
+7.5 pp
+3.1 pp
+6.3 pp
−4.7 pp
−4.4 pp
+2.6 pp
−6.8 pp
−3.0 pp
+0.2 pp
+2.2 pp
+4.3 pp
−8.7 pp
+3.0 pp
−1.5 pp
+0.2 pp
—

Datadog, Inc. · DDOG

—
—
—
+3.4 pp
−5.4 pp
−10.0 pp
−10.2 pp
−3.5 pp
+6.4 pp
+12.1 pp
+9.3 pp
+6.3 pp
+3.7 pp
−3.4 pp
−3.6 pp
−6.3 pp
−3.6 pp
−0.3 pp
+2.3 pp
—

Intuit Inc. · INTU

—
—
—
—
−18.8 pp
−6.8 pp
+6.8 pp
+3.7 pp
+3.7 pp
+7.4 pp
+2.0 pp
−0.1 pp
−5.3 pp
−2.0 pp
+4.1 pp
+1.9 pp
+13.5 pp
+5.4 pp
+3.4 pp
−1.0 pp

Salesforce, Inc. · CRM

—
—
—
—
−2.7 pp
+5.3 pp
+6.7 pp
+4.7 pp
+14.7 pp
+11.3 pp
+13.2 pp
+13.7 pp
+1.9 pp
+2.8 pp
+0.7 pp
+1.1 pp
+3.7 pp
+1.3 pp
−1.5 pp
+1.3 pp

SAP SE · SAP

—
—
—
−0.1 pp
+2.5 pp
+6.6 pp
−10.9 pp
+3.3 pp
+1.5 pp
−2.4 pp
−20.6 pp
−3.2 pp
+3.9 pp
−1.0 pp
+35.7 pp
+12.4 pp
+1.3 pp
+4.9 pp
+2.8 pp
—

ServiceNow, Inc. · NOW

—
—
—
−2.3 pp
+0.1 pp
+5.8 pp
+1.8 pp
+4.1 pp
+5.1 pp
+3.1 pp
+5.9 pp
+3.7 pp
+4.8 pp
+1.5 pp
+1.8 pp
+2.0 pp
+1.9 pp
−0.2 pp
−1.3 pp
—

Shopify Inc. · SHOP

—
—
—
−27.2 pp
−24.9 pp
−11.8 pp
−4.7 pp
−81.9 pp
+32.4 pp
+24.3 pp
+17.4 pp
+108.4 pp
+6.0 pp
+3.0 pp
+4.0 pp
−0.9 pp
−1.0 pp
+0.7 pp
+3.5 pp
—

Snowflake Inc. · SNOW

—
—
—
—
+31.7 pp
+10.0 pp
−1.1 pp
+0.9 pp
−0.5 pp
+1.5 pp
+5.1 pp
+1.7 pp
+1.4 pp
−3.3 pp
−3.6 pp
−0.8 pp
+11.2 pp
+11.6 pp
+14.4 pp
+19.5 pp

Uber Technologies, Inc. · UBER

—
—
—
+21.4 pp
+5.9 pp
+7.9 pp
+4.0 pp
+12.3 pp
+10.1 pp
+8.2 pp
+4.7 pp
+3.9 pp
+5.3 pp
−0.2 pp
+8.9 pp
+4.1 pp
−1.2 pp
+5.9 pp
+4.0 pp
—
07 · compare level, then change

Profit Scale & Acceleration

Uber Technologies, Inc. has the highest Net profit among the 30 Software - Application companies compared here, at $8,661 million. Salesforce, Inc. is next at $8,023 million. Guidewire Software, Inc. has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: Uber Technologies, Inc. leads with $8,661 million of TTM profit, 8% above Salesforce, Inc.. Guidewire Software, Inc. shows ≥100% on the scoring scale (354.3% uncapped) growth from a $159 million profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderUber Technologies, Inc. · $8,661 million
Gap8% versus #2 · Salesforce, Inc.
Persistence6/8 recent comparable periods
Coverage18/30 companies · 531 observations

Investor read: Uber Technologies, Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1Uber Technologies, Inc. UBER$8.7B
2Salesforce, Inc. CRM$8.0B
3Adobe Inc. ADBE$7.2B
4Intuit Inc. INTU$4.6B
5Fiserv, Inc. FISV$3.2B
Profit growthfastest growers
1Guidewire Software, Inc. GWRE100%
2Zoom Communications, Inc. ZM98%
3Workday, Inc. WDAY74%
4Autodesk, Inc. ADSK45%
5Intuit Inc. INTU32%
Net profit · company comparison
18/30 level · 12/30 change
All-company data · latest reported quarter
CompanyNet profitProfit growthReported
Intuit Inc. INTU$3.1B8.7%Jun 2026
Salesforce, Inc. CRM$2.1B37%Jun 2026
SAP SE SAP$1.9B8.4%Jun 2026
Adobe Inc. ADBE$1.7B1.2%Jun 2026
Automatic Data Processing, Inc. ADP$1.4B8.8%Jun 2026
PTC Inc. PTC$591M263%Jun 2026
Fiserv, Inc. FISV$569M-34%Mar 2026
Roper Technologies, Inc. ROP$509M54%Jun 2026
Autodesk, Inc. ADSK$491M223%Jun 2026
ServiceNow, Inc. NOW$469M2.0%Jun 2026
Zoom Communications, Inc. ZM$426M67%Jun 2026
Paychex, Inc. PAYX$421M42%Jun 2026
Cadence Design Systems, Inc. CDNS$336M23%Jun 2026
Uber Technologies, Inc. UBER$302M-83%Mar 2026
Fair Isaac Corporation FICO$264M62%Jun 2026
SS&C Technologies Holdings, Inc. SSNC$226M6.1%Jun 2026
Workday, Inc. WDAY$222M226%Jun 2026
Grab Holdings Limited GRAB$120M1,100%Mar 2026
Tyler Technologies, Inc. TYL$81M0.0%Jun 2026
Datadog, Inc. DDOG$53M112%Mar 2026
Bending Spoons S.p.A. BSP$27M—Mar 2026
Dynatrace, Inc. DT$17M-56%Mar 2026
Guidewire Software, Inc. GWRE$16M-65%Jun 2026
Atlassian Corporation TEAM$-98M-4,280%Mar 2026
Quantinuum Inc. QNT$-137M—Mar 2026
Figma, Inc. FIG$-142M-416%Mar 2026
Snowflake Inc. SNOW$-296M—Jun 2026
Unity Software Inc. U$-347M—Mar 2026
Shopify Inc. SHOP$-581M36%Mar 2026
Strategy Inc MSTR$-12.5B-854%Jun 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

Showing the 12 largest of 30 companies with a series here. The remaining 18 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Adobe Inc. · ADBE

$1.2B
$1.2B
$1.3B
$1.2B
$1.1B
$1.2B
$1.2B
$1.3B
$1.4B
$1.5B
$620M
$1.6B
$1.7B
$1.7B
$1.8B
$1.7B
$1.8B
$1.9B
$1.9B
$1.7B

Autodesk, Inc. · ADSK

$115M
$137M
$89M
$146M
$186M
$198M
$293M
$161M
$222M
$241M
$282M
$252M
$282M
$275M
$303M
$152M
$313M
$343M
$316M
$491M

Automatic Data Processing, Inc. · ADP

$701M
$694M
$929M
$626M
$779M
$813M
$1.0B
$777M
$859M
$878M
$1.2B
$829M
$956M
$963M
$1.3B
$911M
$1.0B
$1.1B
$1.4B
—

Cadence Design Systems, Inc. · CDNS

$156M
$176M
$177M
$235M
$187M
$186M
$242M
$221M
$254M
$324M
$248M
$230M
$238M
$340M
$274M
$160M
$287M
$388M
$336M
—

Datadog, Inc. · DDOG

$-5M
$7M
$10M
$-5M
$-26M
$-29M
$-24M
$-4M
$23M
$54M
$43M
$44M
$52M
$46M
$25M
$3M
$34M
$47M
$53M
—

Intuit Inc. · INTU

$380M
$228M
$100M
$1.8B
$-56M
$40M
$168M
$2.1B
$89M
$241M
$353M
$2.4B
$-20M
$197M
$471M
$2.8B
$381M
$446M
$693M
$3.1B

Salesforce, Inc. · CRM

$535M
$468M
$-28M
$28M
$68M
$210M
$-98M
$199M
$1.3B
$1.2B
$1.4B
$1.5B
$1.4B
$1.5B
$1.7B
$1.5B
$1.9B
$2.1B
$1.9B
$2.1B

SAP SE · SAP

$1.4B
$1.4B
$1.0B
$612M
$839M
$599M
$403M
$725M
$1.3B
$1.2B
$-824M
$918M
$1.4B
$1.6B
$1.8B
$1.7B
$2.1B
$1.9B
$1.9B
—

ServiceNow, Inc. · NOW

$63M
$26M
$75M
$20M
$80M
$150M
$150M
$1.0B
$242M
$295M
$347M
$262M
$432M
$384M
$460M
$385M
$502M
$401M
$469M
—

Shopify Inc. · SHOP

$1.1B
$-371M
$-1.5B
$-1.2B
$-159M
$-623M
$68M
$-1.3B
$718M
$657M
$-273M
$171M
$828M
$465M
$-682M
$906M
$264M
$631M
$-581M
—

Snowflake Inc. · SNOW

$-190M
$-155M
$-132M
$-166M
$-223M
$-201M
$-207M
$-226M
$-227M
$-215M
$-170M
$-318M
$-318M
$-328M
$-326M
$-430M
$-298M
$-292M
$-310M
$-296M

Uber Technologies, Inc. · UBER

$-2.4B
$888M
$-5.9B
$-2.6B
$-1.2B
$558M
$-193M
$390M
$216M
$1.7B
$-659M
$1.0B
$2.6B
$6.9B
$1.8B
$1.4B
$6.7B
$331M
$302M
—

Profit growth · reported quarter history

Showing the 12 largest of 26 companies with a series here. The remaining 14 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Adobe Inc. · ADBE

—
—
—
—
-6.3%
-4.6%
-1.5%
9.9%
24%
26%
-50%
21%
20%
13%
192%
7.5%
5.2%
10%
4.3%
1.2%

Autodesk, Inc. · ADSK

—
—
—
—
62%
45%
229%
10%
19%
22%
-3.8%
57%
27%
14%
7.5%
-40%
11%
25%
4.3%
223%

Automatic Data Processing, Inc. · ADP

—
—
—
16%
11%
17%
12%
24%
10%
8.0%
14%
6.7%
11%
9.7%
5.5%
9.9%
6.0%
10%
8.8%
—

Cadence Design Systems, Inc. · CDNS

—
—
—
—
20%
5.7%
37%
-6.0%
36%
74%
2.5%
4.1%
-6.3%
4.9%
10%
-30%
21%
14%
23%
—

Datadog, Inc. · DDOG

—
—
—
—
—
-514%
-340%
—
—
—
—
—
126%
-15%
-42%
-93%
-35%
2.2%
112%
—

Intuit Inc. · INTU

—
—
—
—
-115%
-82%
68%
16%
—
503%
110%
14%
-122%
-18%
33%
18%
—
126%
47%
8.7%

Salesforce, Inc. · CRM

—
—
—
—
-87%
-55%
—
611%
1,763%
483%
—
670%
13%
25%
18%
0.5%
32%
37%
14%
37%

SAP SE · SAP

—
—
—
-58%
-41%
-58%
-60%
18%
52%
101%
-304%
27%
13%
35%
—
91%
42%
17%
8.4%
—

ServiceNow, Inc. · NOW

—
—
—
-66%
27%
477%
100%
5,120%
203%
97%
131%
-75%
79%
30%
33%
47%
16%
4.4%
2.0%
—

Shopify Inc. · SHOP

—
—
—
-237%
-114%
—
—
—
—
—
-501%
—
15%
-29%
—
430%
-68%
36%
—
—

Uber Technologies, Inc. · UBER

—
—
—
-335%
—
-37%
—
—
—
204%
—
162%
1,109%
308%
—
34%
155%
-95%
-83%
—

Workday, Inc. · WDAY

—
—
—
—
-160%
-274%
—
—
—
—
—
—
67%
69%
-92%
-36%
73%
31%
54%
226%
08 · compare level, then change

Return On Capital Employed

Fair Isaac Corporation has the highest ROCE among the 30 Software - Application companies compared here, at 30.4%. Intuit Inc. is next at 14.9%. The same company also holds the highest ROCE change, at +9.1 percentage points. 30 of 30 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Fair Isaac Corporation leads ROCE at 30.4%, 15.5 percentage points above Intuit Inc.. Fair Isaac Corporation has the strongest latest improvement at +9.1 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderFair Isaac Corporation · 30.4%
Gap104% versus #2 · Intuit Inc.
Persistence8/8 recent comparable periods
Coverage30/30 companies · 543 observations

Investor read: Fair Isaac Corporation sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1Fair Isaac Corporation FICO30%
2Intuit Inc. INTU15%
3Adobe Inc. ADBE12%
4Automatic Data Processing, Inc. ADP10%
5Autodesk, Inc. ADSK8.8%
ROCE changefastest improvers
1Fair Isaac Corporation FICO+9.1 pp
2Autodesk, Inc. ADSK+4.7 pp
3Workday, Inc. WDAY+2.8 pp
4Snowflake Inc. SNOW+2.3 pp
5Adobe Inc. ADBE+1.4 pp
Return on capital · company comparison
30/30 level · 30/30 change
All-company data · latest reported quarter
CompanyROCEROCE changeReported
Fair Isaac Corporation FICO30%+9.1 ppJun 2026
Intuit Inc. INTU15%+0.7 ppJun 2026
Adobe Inc. ADBE12%+1.4 ppJun 2026
Automatic Data Processing, Inc. ADP10%−1.3 ppJun 2026
Autodesk, Inc. ADSK8.8%+4.7 ppJun 2026
Paychex, Inc. PAYX6.4%+0.5 ppJun 2026
Bending Spoons S.p.A. BSP5.5%0.0 ppMar 2026
SAP SE SAP5.0%+0.1 ppJun 2026
Cadence Design Systems, Inc. CDNS4.9%+1.4 ppJun 2026
Uber Technologies, Inc. UBER4.3%+0.8 ppMar 2026
Shopify Inc. SHOP3.2%+1.3 ppMar 2026
Zoom Communications, Inc. ZM3.2%+0.4 ppJun 2026
Salesforce, Inc. CRM3.1%+0.5 ppJun 2026
Workday, Inc. WDAY3.1%+2.8 ppJun 2026
PTC Inc. PTC3.1%−1.3 ppJun 2026
SS&C Technologies Holdings, Inc. SSNC2.8%+0.4 ppJun 2026
Tyler Technologies, Inc. TYL2.3%−0.2 ppJun 2026
Roper Technologies, Inc. ROP1.9%0.0 ppJun 2026
Fiserv, Inc. FISV1.6%−0.8 ppMar 2026
Guidewire Software, Inc. GWRE1.5%+1.2 ppJun 2026
Dynatrace, Inc. DT1.3%−0.4 ppMar 2026
ServiceNow, Inc. NOW1.0%−1.9 ppJun 2026
Grab Holdings Limited GRAB0.3%+0.6 ppMar 2026
Datadog, Inc. DDOG0.2%+0.5 ppMar 2026
Atlassian Corporation TEAM-2.2%−1.7 ppMar 2026
Unity Software Inc. U-6.5%−4.3 ppMar 2026
Snowflake Inc. SNOW-6.6%+2.3 ppJun 2026
Quantinuum Inc. QNT-9.0%0.0 ppMar 2026
Figma, Inc. FIG-9.3%−14.9 ppMar 2026
Strategy Inc MSTR-14%−53.8 ppJun 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

Showing the 12 largest of 30 companies with a series here. The remaining 18 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Adobe Inc. · ADBE

—
7.7%
8.3%
8.0%
7.6%
7.7%
8.3%
8.4%
8.5%
8.6%
4.7%
9.3%
9.7%
9.5%
11%
11%
11%
12%
12%
12%

Autodesk, Inc. · ADSK

—
4.6%
3.3%
5.0%
5.4%
5.1%
5.5%
4.5%
5.3%
6.6%
5.7%
5.5%
6.3%
6.3%
6.5%
4.1%
7.5%
7.8%
7.0%
8.8%

Automatic Data Processing, Inc. · ADP

8.7%
8.9%
13%
8.9%
12%
12%
16%
13%
15%
14%
18%
13%
14%
14%
16%
11%
12%
13%
16%
10%

Cadence Design Systems, Inc. · CDNS

—
6.1%
6.0%
9.6%
8.7%
7.4%
8.7%
8.2%
7.4%
8.6%
6.1%
6.1%
6.0%
7.8%
6.0%
3.5%
5.4%
5.7%
4.9%
4.9%

Datadog, Inc. · DDOG

-0.3%
0.5%
0.6%
-0.2%
-1.6%
-1.7%
-1.6%
-1.0%
-0.2%
1.1%
0.4%
0.5%
0.7%
0.3%
-0.3%
-1.0%
-0.2%
0.2%
0.2%
—

Intuit Inc. · INTU

—
1.9%
0.3%
13%
-0.4%
0.4%
1.2%
11%
0.1%
1.3%
1.6%
12%
-0.6%
1.1%
2.5%
14%
1.3%
2.1%
3.4%
15%

Salesforce, Inc. · CRM

—
0.1%
-0.3%
0.0%
0.3%
0.6%
0.5%
0.6%
2.0%
2.1%
2.2%
2.4%
2.5%
2.6%
2.5%
2.6%
3.2%
3.0%
2.5%
3.1%

SAP SE · SAP

2.6%
2.9%
2.8%
2.1%
2.9%
3.6%
1.5%
2.5%
3.1%
3.5%
-1.5%
2.3%
4.2%
3.7%
4.3%
4.9%
4.9%
4.7%
5.1%
5.0%

ServiceNow, Inc. · NOW

1.4%
0.6%
1.5%
0.4%
1.5%
2.4%
2.1%
1.5%
2.9%
3.1%
3.6%
2.4%
4.0%
3.4%
3.9%
2.9%
4.5%
3.2%
3.7%
1.0%

Shopify Inc. · SHOP

0.0%
0.1%
-0.9%
-1.8%
-3.0%
-1.7%
-1.8%
-17%
1.2%
2.8%
0.8%
2.5%
2.7%
4.2%
1.9%
2.5%
2.8%
4.9%
3.2%
—

Snowflake Inc. · SNOW

—
-3.0%
-2.9%
-3.5%
-3.8%
-3.8%
-4.4%
-4.9%
-5.1%
-4.8%
-4.9%
-6.7%
-7.1%
-6.8%
-6.9%
-8.9%
-7.1%
-6.3%
-6.1%
-6.6%

Uber Technologies, Inc. · UBER

-2.3%
-2.0%
-1.9%
-2.8%
-1.9%
-0.5%
-1.1%
1.4%
1.6%
2.5%
0.6%
2.8%
3.4%
2.2%
3.5%
3.9%
2.6%
4.0%
4.3%
—

ROCE change · reported quarter history

Showing the 12 largest of 30 companies with a series here. The remaining 18 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Adobe Inc. · ADBE

—
—
—
—
—
0.0 pp
0.0 pp
+0.4 pp
+0.9 pp
+0.9 pp
−3.6 pp
+0.9 pp
+1.2 pp
+0.9 pp
+6.1 pp
+1.4 pp
+1.2 pp
+2.1 pp
+1.6 pp
+1.4 pp

Autodesk, Inc. · ADSK

—
—
—
—
—
+0.5 pp
+2.2 pp
−0.5 pp
−0.1 pp
+1.5 pp
+0.2 pp
+1.0 pp
+1.0 pp
−0.3 pp
+0.8 pp
−1.4 pp
+1.2 pp
+1.5 pp
+0.5 pp
+4.7 pp

Automatic Data Processing, Inc. · ADP

—
—
—
—
+3.0 pp
+3.4 pp
+3.2 pp
+4.0 pp
+2.9 pp
+2.0 pp
+1.7 pp
−0.3 pp
−0.6 pp
−0.4 pp
−1.1 pp
−1.3 pp
−2.2 pp
−1.3 pp
−0.9 pp
−1.3 pp

Cadence Design Systems, Inc. · CDNS

—
—
—
—
—
+1.3 pp
+2.7 pp
−1.4 pp
−1.3 pp
+1.2 pp
−2.6 pp
−2.1 pp
−1.4 pp
−0.8 pp
−0.1 pp
−2.6 pp
−0.6 pp
−2.1 pp
−1.1 pp
+1.4 pp

Datadog, Inc. · DDOG

—
—
—
—
−1.3 pp
−2.2 pp
−2.2 pp
−0.8 pp
+1.4 pp
+2.8 pp
+2.0 pp
+1.5 pp
+0.9 pp
−0.8 pp
−0.7 pp
−1.5 pp
−0.9 pp
−0.1 pp
+0.5 pp
—

Intuit Inc. · INTU

—
—
—
—
—
−1.5 pp
+0.9 pp
−1.4 pp
+0.5 pp
+0.9 pp
+0.4 pp
+1.2 pp
−0.7 pp
−0.2 pp
+0.9 pp
+1.8 pp
+1.9 pp
+1.0 pp
+0.9 pp
+0.7 pp

Salesforce, Inc. · CRM

—
—
—
—
—
+0.5 pp
+0.8 pp
+0.6 pp
+1.7 pp
+1.5 pp
+1.7 pp
+1.8 pp
+0.5 pp
+0.5 pp
+0.3 pp
+0.2 pp
+0.7 pp
+0.4 pp
0.0 pp
+0.5 pp

SAP SE · SAP

—
—
—
—
+0.3 pp
+0.7 pp
−1.3 pp
+0.4 pp
+0.2 pp
−0.1 pp
−3.0 pp
−0.2 pp
+1.1 pp
+0.2 pp
+5.8 pp
+2.6 pp
+0.7 pp
+1.0 pp
+0.8 pp
+0.1 pp

ServiceNow, Inc. · NOW

—
—
—
—
+0.1 pp
+1.8 pp
+0.6 pp
+1.1 pp
+1.4 pp
+0.7 pp
+1.5 pp
+0.9 pp
+1.1 pp
+0.3 pp
+0.3 pp
+0.5 pp
+0.5 pp
−0.2 pp
−0.2 pp
−1.9 pp

Shopify Inc. · SHOP

—
—
—
—
−3.0 pp
−1.8 pp
−0.9 pp
−15.5 pp
+4.2 pp
+4.5 pp
+2.6 pp
+19.8 pp
+1.5 pp
+1.4 pp
+1.1 pp
0.0 pp
+0.1 pp
+0.7 pp
+1.3 pp
—

Snowflake Inc. · SNOW

—
—
—
—
—
−0.8 pp
−1.5 pp
−1.4 pp
−1.3 pp
−1.0 pp
−0.5 pp
−1.8 pp
−2.0 pp
−2.0 pp
−2.0 pp
−2.2 pp
0.0 pp
+0.5 pp
+0.8 pp
+2.3 pp

Uber Technologies, Inc. · UBER

—
—
—
—
+0.4 pp
+1.5 pp
+0.8 pp
+4.2 pp
+3.5 pp
+3.0 pp
+1.7 pp
+1.4 pp
+1.8 pp
−0.3 pp
+2.9 pp
+1.1 pp
−0.8 pp
+1.8 pp
+0.8 pp
—
09 · compare level, then change

Valuation Against Growth & Quality

Zoom Communications, Inc. has the lowest PEG among the 30 Software - Application companies compared here, at 0.55×. Salesforce, Inc. is next at 0.58×. Fiserv, Inc. has the lowest P/E at 9.46×, so level and change sit with different companies. 10 of 30 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Zoom Communications, Inc. has the lowest comparable PEG at 0.55×, 5.2% below Salesforce, Inc.. Only 10 of 30 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderZoom Communications, Inc. · 0.55×
Gap5.2% versus #2 · Salesforce, Inc.
Persistence0/8 recent comparable periods
Coverage10/30 companies · 129 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.
PEGlowest PEG
1Zoom Communications, Inc. ZM0.6
2Salesforce, Inc. CRM0.6
3Fiserv, Inc. FISV0.6
4Intuit Inc. INTU0.7
5Autodesk, Inc. ADSK0.7
P/Elowest P/E
1Fiserv, Inc. FISV9.5
2PTC Inc. PTC11.0
3Roper Technologies, Inc. ROP14.0
4Zoom Communications, Inc. ZM14.3
5Adobe Inc. ADBE14.8
Valuation · company comparison
10/30 level · 24/30 change
All-company data · latest reported quarter
CompanyPEGP/EReported
Dynatrace, Inc. DT14.168.5Mar 2026
Cadence Design Systems, Inc. CDNS7.574.6Jun 2026
Tyler Technologies, Inc. TYL5.238.8Jun 2026
SS&C Technologies Holdings, Inc. SSNC5.217.8Jun 2026
Datadog, Inc. DDOG4.9302.7Mar 2026
ServiceNow, Inc. NOW4.662.1Jun 2026
Shopify Inc. SHOP4.2117.5Mar 2026
Paychex, Inc. PAYX2.819.8Jun 2026
Workday, Inc. WDAY2.138.3Jun 2026
Automatic Data Processing, Inc. ADP2.020.5Jun 2026
Roper Technologies, Inc. ROP1.414.0Jun 2026
Adobe Inc. ADBE1.314.8Jun 2026
Fair Isaac Corporation FICO0.934.5Jun 2026
PTC Inc. PTC0.811.0Jun 2026
SAP SE SAP0.819.8Jun 2026
Autodesk, Inc. ADSK0.734.6Jun 2026
Intuit Inc. INTU0.723.5Jun 2026
Fiserv, Inc. FISV0.69.5Mar 2026
Salesforce, Inc. CRM0.620.4Jun 2026
Zoom Communications, Inc. ZM0.614.3Jun 2026
Uber Technologies, Inc. UBER—17.9Mar 2026
Strategy Inc MSTR—15.0Jun 2026
Grab Holdings Limited GRAB—366.0Mar 2026
Guidewire Software, Inc. GWRE—74.8Jun 2026
Full 20-quarter history · every available company

PEG · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Adobe Inc. · ADBE

—
—
—
—
—
—
—
—
5.2
3.1
—
6.5
7.4
8.4
0.6
0.7
0.6
0.6
1.2
1.3

Autodesk, Inc. · ADSK

—
—
—
—
—
—
—
—
0.9
0.9
5.3
2.3
2.4
3.0
2.8
—
—
—
—
0.7

Automatic Data Processing, Inc. · ADP

—
—
—
—
—
—
1.8
1.6
1.8
1.9
1.9
2.4
2.6
2.6
3.5
3.2
3.6
2.9
2.0
—

Cadence Design Systems, Inc. · CDNS

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—
—
—
—
—
—
4.9
3.6
2.1
3.4
3.0
4.7
—
—
—
—
14.9
7.5
—

Datadog, Inc. · DDOG

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—
—
—
—
—
—
—
—
—
—
—
—
—
4.9
—
—
—
—
—

Intuit Inc. · INTU

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—
—
—
—
—
—
—
3.7
1.4
1.5
1.6
—
4.7
6.0
3.7
1.8
1.1
0.7
0.7

Paychex, Inc. · PAYX

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—
—
—
—
—
—
2.0
2.5
2.4
2.5
3.0
4.4
5.5
—
—
—
—
—
2.8

Salesforce, Inc. · CRM

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—
—
—
—
—
—
—
—
—
—
—
—
—
1.0
2.8
1.9
1.5
1.2
0.6

SAP SE · SAP

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—
—
—
—
—
—
1.5
—
—
—
—
—
—
2.4
—
—
—
0.8
—

ServiceNow, Inc. · NOW

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—
—
—
—
—
—
—
—
—
—
—
—
—
—
3.0
3.9
4.2
4.6
—

Shopify Inc. · SHOP

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—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
4.2
—
—
—

Workday, Inc. · WDAY

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—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
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2.1
—

P/E · reported quarter history

Showing the 12 largest of 24 companies with a series here. The remaining 12 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Adobe Inc. · ADBE

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61.5
44.9
42.0
36.3
33.8
33.9
41.6
50.7
51.8
54.6
40.0
48.5
41.7
28.9
26.6
22.2
19.2
15.3
14.8

Autodesk, Inc. · ADSK

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53.5
111.5
85.7
85.2
75.7
56.9
50.5
52.5
46.5
60.6
46.1
50.6
56.3
60.8
58.7
62.8
58.4
48.4
34.6

Automatic Data Processing, Inc. · ADP

31.6
38.2
33.6
30.0
31.3
31.7
28.4
26.8
28.6
27.1
27.9
26.2
29.5
30.5
31.3
30.9
29.0
24.7
19.0
20.5

Cadence Design Systems, Inc. · CDNS

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61.7
74.5
62.0
53.6
57.6
67.1
71.9
66.8
71.3
81.1
79.5
71.1
78.0
64.4
83.3
90.5
77.0
64.8
74.6

Datadog, Inc. · DDOG

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—
—
9,524.0
—
—
—
—
—
867.0
386.3
288.2
217.1
274.8
215.7
383.8
459.4
438.7
302.7
—

Intuit Inc. · INTU

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82.8
70.8
47.5
62.7
65.1
62.0
56.1
60.8
54.1
64.4
57.7
62.1
59.3
56.1
50.9
57.4
45.6
32.3
23.5

Salesforce, Inc. · CRM

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165.6
157.2
170.8
340.8
580.7
799.9
522.0
141.5
76.4
66.9
48.4
45.0
47.9
53.7
42.1
37.6
34.8
27.2
20.4

SAP SE · SAP

24.1
27.6
23.9
26.0
30.6
49.6
67.7
31.0
26.9
26.9
45.1
87.1
88.7
89.3
51.1
46.5
37.8
33.9
23.2
19.8

ServiceNow, Inc. · NOW

570.9
574.4
506.3
522.6
381.4
242.7
237.1
81.0
72.4
84.1
81.5
142.3
139.1
154.8
107.9
129.0
110.9
91.7
62.2
62.1

Shopify Inc. · SHOP

50.5
60.2
563.3
—
—
—
—
—
—
779.0
—
67.4
74.9
68.6
77.6
64.4
110.1
171.3
117.5
—

Uber Technologies, Inc. · UBER

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—
—
—
—
—
—
—
93.9
70.8
124.2
79.9
37.4
13.2
12.8
15.9
12.6
17.3
17.9
—

Workday, Inc. · WDAY

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3,222.0
2,108.4
—
—
—
—
—
—
882.1
55.9
44.1
39.6
38.8
134.4
135.4
106.2
100.8
67.8
38.3
10 · before the conclusion, check the blind spots

What can make this comparison misleading?

This Software - Application comparison names 4 specific ways its own evidence can mislead, all listed below. All 30 companies here report on comparable dates, so no rank carries a stale marker. A high growth rate can still be a low-base artefact.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
11 · evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 30 Software - Application companies, normalized to a common $ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-08-04. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-08-04 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
12 · questions investors ask, short speakable answers

Software - Application company comparison FAQs

These 22 answers restate the Software - Application comparison above in question form. Every one is computed from the same 30 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-08-04. Nothing here is estimated, and none of it is a recommendation.

Is the Software - Application sector outperforming S&P 500?

Software - Application has underperformed S&P 500 by 32.1% over 52 weeks and 6.6% over 13 weeks. 3 of 28 covered companies beat the S&P 500 on Mansfield relative strength, while 9 of 28 beat the sector itself.

Which Software - Application company is largest by revenue?

Uber Technologies, Inc. leads with revenue of $53,687 million, based on 18 of 30 comparable companies through Mar 2026.

Which Software - Application company is growing fastest?

Figma, Inc. has the fastest current revenue growth at 41.4%, across 18 of 30 comparable companies.

Which Software - Application company has the strongest 4-Factor Sector Score?

Zoom Communications, Inc. ranks first at 63.9/100 with 85.3% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Software - Application company has the lowest comparable PEG?

Zoom Communications, Inc. has the lowest comparable PEG at 0.55, among 10 of 30 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Software - Application comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Which Software - Application company is the biggest?

Uber Technologies, Inc. is the largest, with trailing-twelve-month revenue of $53,687 million, ahead of Salesforce, Inc. at $42,829 million. That covers 18 of 30 companies with comparable reporting through Mar 2026.

Which Software - Application company has the best profit margins?

Fair Isaac Corporation has the highest operating margin at 58.2%, from 28 of 30 comparable companies. Snowflake Inc. shows the biggest recent improvement, at +19.5 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Software - Application company makes the most profit?

Uber Technologies, Inc. earns the most, at $8,661 million of trailing-twelve-month net profit, from 18 of 30 comparable companies. Guidewire Software, Inc. has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Software - Application company earns the highest return on capital?

Fair Isaac Corporation leads on return on capital employed at 30.4%, across 30 of 30 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Software - Application stock is the cheapest?

On PEG — where a LOWER number is cheaper — Zoom Communications, Inc. screens cheapest at 0.55×. Only 10 of 30 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Is the Software - Application sector beating the market?

Software - Application has underperformed S&P 500 by 32.1% over the last 52 weeks and 6.6% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 3 of 28 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Software - Application stock has the strongest price momentum?

Datadog, Inc. has the strongest relative strength against S&P 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Software - Application company scores highest for research priority?

Zoom Communications, Inc. scores 63.9 out of 100 with 85.3% evidence confidence, from 21.4 points on growth and earnings, 13.1 on capital efficiency, 16.1 on valuation and 13.3 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Software - Application companies does this comparison cover, and over what period?

It compares 30 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Software - Application sector?

The 30 Software - Application companies on this page carry $1,891,648 million of combined market value. SAP SE is the largest at $222,492 million, about 12% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-04.

What is the Software - Application sector's P/E ratio?

The median price-to-earnings ratio across the 30 Software - Application companies on this page is 23.5×, measured on the 24 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-08-04.

How is the Software - Application sector performing?

3 of the 28 covered Software - Application companies are beating S&P 500 on Mansfield relative strength. The sector itself is 32.1% behind S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-04.

How many Software - Application stocks are listed in the US?

This comparison covers 30 listed Software - Application companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Jun 2026. Membership is the full industry list — nothing is dropped for having thin data.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

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