Revenue Growth Benchmarks
Top-line performance metrics of companies across industries and countries
Top 75 Software Application Companies
The 75 software application companies collectively maintained a growth rate of 15% over the past 5 years. However, the momentum of growth is decelerating, with companies such as Intuit, Diebold Nixdorf, and Aisino facing challenges in the recent quarters. This slowdown is attributed to a constrained IT budget and challenging macroeconomic environment.
[ 1: LTM Sales in USD Biliion | Red Shading: Companies with negative growth in period | Green Shading: Top 15 companies by growth rank in period ]
| Company | HQ | Reported | Latest | LTM | year-on-year % | CAGR | Growth Rank | ||||||||||||
| Currency | FQ | Sales1 | 3m | 6m | 9m | ltm | 1y | 2y | 3y | 5y | 6m | LTM | 3ycagr | 5ycagr | |||||
| Uber Technologies Inc | USA | USD | 2023-12 | 37.28 | 15.4% | 13.4% | 13.7% | 17.0% | 17.0% | 46.1% | 49.6% | 29.0% | 29 | 24 | 6 | 15 | |||
| Salesforce Inc | USA | USD | 2024-01 | 34.86 | 10.8% | 11.0% | 11.1% | 11.2% | 11.2% | 14.7% | 17.9% | 21.3% | 35 | 36 | 37 | 26 | |||
| SAP SE | DEU | EUR | 2023-12 | 33.78 | 5.0% | 4.3% | 4.5% | 5.7% | 5.7% | 7.6% | 4.5% | 4.8% | 54 | 52 | 63 | 60 | |||
| Intuit Inc | USA | USD | 2024-01 | 15.09 | 11.3% | 12.9% | 12.7% | 10.3% | 12.9% | 22.1% | 23.2% | 19.0% | 31 | 40 | 26 | 28 | |||
| Huitongda Network Co Ltd | CHN | HKD | 2023-06 | 11.71 | na | -0.5% | na | 0.3% | 11.4% | 23.5% | 22.7% | na | 60 | 60 | 30 | - | |||
| ServiceNow Inc | USA | USD | 2023-12 | 8.97 | 25.6% | 25.3% | 24.5% | 23.8% | 23.8% | 23.4% | 25.7% | 28.0% | 10 | 16 | 23 | 18 | |||
| Constellation Software Inc | CAN | CAD | 2023-12 | 8.39 | 24.0% | 24.5% | 26.4% | 30.2% | 25.3% | 31.3% | 30.4% | 22.4% | 12 | 9 | 17 | 25 | |||
| Workday Inc | USA | USD | 2024-01 | 7.26 | 16.8% | 16.7% | 16.6% | 16.8% | 16.8% | 18.8% | 18.9% | 20.8% | 25 | 25 | 35 | 27 | |||
| Shopify Inc | CAN | USD | 2023-12 | 7.06 | 23.6% | 24.4% | 26.3% | 26.1% | 26.1% | 23.7% | 34.1% | 45.8% | 13 | 13 | 12 | 8 | |||
| Dassault Systemes SE | FRA | EUR | 2023-09 | 6.30 | 3.8% | 4.2% | 5.6% | 8.1% | 16.6% | 12.8% | 12.1% | 11.9% | 56 | 46 | 47 | 40 | |||
| Roper Technologies Inc | USA | USD | 2023-12 | 6.18 | 12.8% | 14.2% | 15.1% | 15.0% | 15.0% | 13.1% | 15.4% | 3.5% | 28 | 28 | 39 | 63 | |||
| Open Text Corp | CAN | CAD | 2023-12 | 5.68 | 68.9% | 69.3% | 70.0% | 65.8% | 33.2% | 20.0% | 12.2% | 10.0% | 2 | 2 | 46 | 46 | |||
| SS&C Technologies Holdings Inc | USA | USD | 2023-12 | 5.50 | 5.5% | 4.4% | 3.8% | 4.2% | 4.2% | 4.4% | 5.6% | 10.0% | 53 | 56 | 60 | 47 | |||
| Autodesk Inc | USA | USD | 2024-01 | 5.50 | 11.5% | 11.0% | 10.2% | 9.8% | 9.8% | 12.0% | 13.2% | 16.4% | 36 | 42 | 42 | 31 | |||
| Zoom Video Communications Inc | USA | USD | 2024-01 | 4.53 | 2.6% | 2.9% | 3.1% | 3.1% | 3.1% | 5.1% | 19.5% | 68.8% | 58 | 58 | 34 | 4 | |||
| Lyft Inc | USA | USD | 2023-12 | 4.40 | 4.2% | 6.9% | 5.7% | 7.5% | 7.5% | 17.2% | 23.0% | 15.3% | 46 | 48 | 28 | 35 | |||
| NCR Atleos Corp | USA | USD | 2023-12 | 4.23 | -15.3% | -6.9% | -5.5% | -3.1% | -3.9% | 8.7% | 11.9% | na | 68 | 65 | 49 | - | |||
| Cadence Design Systems Inc | USA | USD | 2023-12 | 4.09 | 18.8% | 16.0% | 15.4% | 14.8% | 14.8% | 17.0% | 15.1% | 13.9% | 26 | 29 | 41 | 38 | |||
| Upbound Group Inc | USA | USD | 2023-12 | 3.99 | 2.8% | -0.9% | -3.5% | -6.0% | -6.0% | -6.7% | 12.4% | 8.5% | 61 | 68 | 45 | 51 | |||
| Atlassian Corp | AUS | USD | 2023-12 | 3.89 | 21.5% | 21.3% | 22.0% | 22.4% | 26.1% | 30.1% | 29.9% | 32.0% | 18 | 19 | 18 | 14 | |||
| Alight Inc | USA | USD | 2023-12 | 3.41 | 1.9% | 4.8% | 7.1% | 8.9% | 8.9% | na | 7.7% | 7.5% | 52 | 44 | 56 | 56 | |||
| AppLovin Corp | USA | USD | 2023-12 | 3.28 | 35.7% | 28.4% | 17.2% | 16.5% | 16.5% | 8.4% | 31.3% | na | 6 | 26 | 16 | - | |||
| Asseco Poland SA | POL | PLN | 2023-09 | 3.11 | -8.1% | -6.1% | 0.0% | 3.5% | 19.8% | 19.4% | 17.6% | 17.3% | 67 | 57 | 38 | 30 | |||
| Diebold Nixdorf Inc | USA | USD | 2023-12 | 2.82 | 7.0% | -41.7% | -25.5% | -18.6% | -100.0% | -100.0% | -100.0% | -100.0% | 75 | 72 | 74 | 69 | |||
| Snowflake Inc | USA | USD | 2024-01 | 2.81 | 31.5% | 31.7% | 32.8% | 35.9% | 35.9% | 51.7% | 68.0% | 96.1% | 5 | 8 | 4 | 2 | |||
| DocuSign Inc | USA | USD | 2023-10 | 2.71 | 8.5% | 9.5% | 10.4% | 11.2% | 19.4% | 31.6% | 37.2% | 37.1% | 38 | 37 | 9 | 11 | |||
| Sage Group (The) PLC | GBR | GBP | 2023-09 | 2.69 | na | 8.3% | na | 12.2% | 12.2% | 8.8% | 4.7% | 3.4% | 43 | 33 | 62 | 64 | |||
| Iflytek Co Ltd | CHN | CNY | 2023-09 | 2.66 | 2.9% | 6.2% | -0.4% | -6.6% | 2.8% | 20.2% | 23.1% | 28.2% | 49 | 69 | 27 | 17 | |||
| Grab Holdings Inc | SGP | USD | 2023-12 | 2.36 | 30.1% | 43.4% | 52.3% | 64.7% | 64.6% | 86.9% | 71.3% | na | 4 | 3 | 3 | - | |||
| NICE Ltd | ISR | ILS | 2023-12 | 2.33 | 9.6% | 9.0% | 9.2% | 9.0% | 9.0% | 11.2% | 13.0% | 10.5% | 40 | 43 | 43 | 44 | |||
| Aisino Corp | CHN | CNY | 2023-09 | 2.28 | -25.4% | -27.9% | -24.5% | -29.1% | -17.9% | -5.9% | -17.2% | -8.3% | 74 | 75 | 72 | 67 | |||
| Ansys Inc | USA | USD | 2023-12 | 2.27 | 16.0% | 8.3% | 7.3% | 9.9% | 9.9% | 9.1% | 10.5% | 11.9% | 42 | 41 | 53 | 41 | |||
| Global Business Travel Group Inc | USA | USD | 2023-09 | 2.27 | 17.0% | 19.4% | 31.5% | 40.8% | 142.6% | 52.8% | -4.4% | na | 20 | 6 | 69 | - | |||
| RingCentral Inc | USA | USD | 2023-12 | 2.20 | 8.9% | 9.3% | 9.7% | 10.8% | 10.8% | 17.5% | 23.0% | 26.7% | 39 | 39 | 29 | 19 | |||
| Unity Software Inc | USA | USD | 2023-12 | 2.19 | 35.1% | 49.1% | 57.5% | 57.2% | 57.2% | 40.3% | 41.5% | 41.9% | 3 | 5 | 7 | 10 | |||
| PTC Inc | USA | USD | 2023-12 | 2.18 | 18.1% | 12.6% | 14.1% | 12.4% | 8.5% | 7.7% | 12.9% | 11.0% | 32 | 32 | 44 | 42 | |||
| HubSpot Inc | USA | USD | 2023-12 | 2.17 | 23.9% | 24.7% | 25.0% | 25.4% | 25.4% | 29.2% | 35.0% | 33.4% | 11 | 14 | 11 | 12 | |||
| ePlus Inc | USA | USD | 2023-12 | 2.16 | -18.4% | -1.8% | 6.0% | 6.7% | 13.5% | 14.8% | 9.2% | 7.8% | 64 | 51 | 55 | 55 | |||
| Datadog Inc | USA | USD | 2023-12 | 2.13 | 25.6% | 25.5% | 25.5% | 27.1% | 27.1% | 43.8% | 52.2% | 60.8% | 9 | 12 | 5 | 5 | |||
| Shanghai Baosight Software Co Ltd | CHN | CNY | 2023-09 | 2.03 | 16.7% | 22.1% | 15.2% | 19.2% | 11.8% | 13.4% | 24.3% | 22.5% | 17 | 22 | 25 | 24 | |||
| Tyler Technologies Inc | USA | USD | 2023-12 | 1.95 | 6.3% | 5.4% | 6.2% | 5.5% | 5.5% | 10.7% | 20.5% | 15.9% | 51 | 53 | 32 | 32 | |||
| The Trade Desk Inc | USA | USD | 2023-12 | 1.95 | 23.4% | 24.1% | 23.8% | 23.3% | 23.3% | 27.5% | 32.5% | 32.5% | 15 | 17 | 14 | 13 | |||
| Oracle Corp Japan | JPN | JPY | 2023-11 | 1.70 | 5.8% | 8.9% | 7.2% | 7.3% | 5.7% | 4.3% | 2.4% | 4.1% | 41 | 49 | 66 | 61 | |||
| DHC Software Co Ltd | CHN | CNY | 2023-09 | 1.69 | -15.7% | -7.8% | 1.5% | 4.5% | 8.7% | 13.6% | 10.2% | 10.2% | 69 | 54 | 54 | 45 | |||
| Paycom Software Inc | USA | USD | 2023-12 | 1.69 | 17.3% | 19.3% | 21.6% | 23.2% | 23.2% | 26.7% | 26.3% | 24.5% | 21 | 18 | 22 | 21 | |||
| Hangzhou Lianluo Interactive Info. Tech. | CHN | CNY | 2023-09 | 1.63 | -5.4% | -9.2% | -11.9% | -13.2% | -24.1% | -11.8% | 0.3% | 0.4% | 70 | 71 | 67 | 65 | |||
| Abalance Corp | JPN | JPY | 2023-09 | 1.58 | 3.6% | 19.3% | 34.2% | 58.6% | 135.2% | 184.3% | 219.3% | 97.1% | 22 | 4 | 1 | 1 | |||
| Fair Isaac Corp | USA | USD | 2023-12 | 1.55 | 10.8% | 11.3% | 12.3% | 10.8% | 9.9% | 7.2% | 5.3% | 8.6% | 33 | 38 | 61 | 50 | |||
| Dayforce Inc | USA | USD | 2023-12 | 1.51 | 18.9% | 19.3% | 20.0% | 21.5% | 21.5% | 21.6% | 21.6% | 15.4% | 23 | 20 | 31 | 34 | |||
| Neusoft Corp | CHN | CNY | 2023-09 | 1.44 | 8.8% | 7.5% | 12.6% | 13.2% | 8.4% | 11.4% | 4.2% | 5.8% | 44 | 30 | 64 | 57 | |||
| Pegasystems Inc | USA | USD | 2023-12 | 1.43 | 19.6% | 21.2% | 17.6% | 8.7% | 8.7% | 8.7% | 12.1% | 9.9% | 19 | 45 | 48 | 48 | |||
| Matrix IT Ltd | ISR | ILS | 2023-12 | 1.41 | 8.4% | 13.0% | 12.1% | 12.0% | 12.0% | 9.5% | 10.7% | 10.6% | 30 | 34 | 51 | 43 | |||
| Dynatrace Inc | USA | USD | 2023-12 | 1.36 | 22.7% | 24.3% | 24.4% | 24.4% | 24.6% | 28.3% | 28.5% | 23.8% | 14 | 15 | 19 | 23 | |||
| Yonyou Network Technology Co Ltd | CHN | CNY | 2023-09 | 1.33 | 13.6% | -1.9% | 2.0% | -2.3% | 3.7% | 4.2% | 2.9% | 7.9% | 65 | 64 | 65 | 54 | |||
| Paylocity Holding Corp | USA | USD | 2023-12 | 1.29 | 19.5% | 22.4% | 26.1% | 29.1% | 37.8% | 35.9% | 27.9% | 25.5% | 16 | 11 | 20 | 20 | |||
| Envestnet Inc | USA | USD | 2023-12 | 1.25 | 8.5% | 5.8% | 3.1% | 0.5% | 0.5% | 2.5% | 7.7% | 8.9% | 50 | 59 | 57 | 49 | |||
| ZoomInfo Technologies Inc | USA | USD | 2023-12 | 1.24 | 4.9% | 7.0% | 9.6% | 12.9% | 12.9% | 28.8% | 37.6% | 53.7% | 45 | 31 | 8 | 6 | |||
| Bentley Systems Inc | USA | USD | 2023-12 | 1.23 | 8.3% | 11.2% | 11.0% | 11.8% | 11.8% | 12.8% | 15.3% | 12.2% | 34 | 35 | 40 | 39 | |||
| Elastic NV | NLD | USD | 2024-01 | 1.21 | 19.4% | 18.5% | 18.2% | 17.9% | 24.0% | 32.5% | 35.7% | 46.2% | 24 | 23 | 10 | 7 | |||
| BILL Holdings Inc | USA | USD | 2023-12 | 1.19 | 22.5% | 27.3% | 33.2% | 39.1% | 64.9% | 110.8% | 88.7% | 74.8% | 8 | 7 | 2 | 3 | |||
| China National Software & Service Co Ltd | CHN | CNY | 2023-09 | 1.17 | -17.6% | -27.5% | -25.5% | -28.8% | -6.9% | 14.1% | 18.3% | 14.3% | 73 | 74 | 36 | 37 | |||
| Inspur Digital Enterprise Technology Ltd | HKG | HKD | 2023-06 | 1.15 | na | 96.6% | na | 135.3% | 114.3% | 65.1% | 34.0% | 28.8% | 1 | 1 | 13 | 16 | |||
| Allied Tecnologia SA | BRA | BRL | 2023-09 | 1.14 | 35.0% | 27.8% | 17.5% | 6.7% | -10.6% | 4.2% | 11.4% | 14.7% | 7 | 50 | 50 | 36 | |||
| Vacasa Inc | USA | USD | 2023-12 | 1.12 | -18.7% | -11.7% | -8.5% | -5.9% | -5.9% | 12.1% | 31.5% | na | 71 | 67 | 15 | - | |||
| AsiaInfo Technologies Ltd | CHN | HKD | 2023-06 | 1.12 | na | -1.5% | na | 0.0% | 2.4% | 10.0% | 10.7% | 8.1% | 63 | 61 | 52 | 53 | |||
| Blackbaud Inc | USA | USD | 2023-12 | 1.11 | 7.4% | 6.8% | 5.3% | 4.5% | 4.5% | 9.2% | 6.6% | 5.4% | 47 | 55 | 58 | 59 | |||
| Newland Digital Technology Co Ltd | CHN | CNY | 2023-09 | 1.10 | 9.2% | 6.6% | 6.4% | -1.1% | -4.3% | 2.2% | 6.0% | 8.4% | 48 | 62 | 59 | 52 | |||
| SoftwareONE Holding AG | CHE | CHF | 2023-06 | 1.09 | na | 3.7% | na | 8.0% | 9.8% | 9.8% | -49.1% | -21.2% | 57 | 47 | 73 | 68 | |||
| Exela Technologies Inc | USA | USD | 2023-09 | 1.07 | -4.1% | -0.9% | -1.3% | -3.4% | -7.7% | -8.7% | -11.7% | -1.2% | 62 | 66 | 71 | 66 | |||
| Aspen Technology Inc | USA | USD | 2023-12 | 1.06 | 5.9% | 2.6% | 12.9% | 29.3% | na | 21.3% | 20.4% | 15.5% | 59 | 10 | 33 | 33 | |||
| Kingsoft Cloud Holdings Ltd | CHN | USD | 2023-09 | 1.06 | -20.6% | -15.3% | -17.4% | -20.4% | -17.5% | 8.0% | 27.7% | 44.3% | 72 | 73 | 21 | 9 | |||
| Bumble Inc | USA | USD | 2023-12 | 1.05 | 13.2% | 15.8% | 16.6% | 16.4% | 16.4% | 17.6% | na | 23.9% | 27 | 27 | - | 22 | |||
| China TransInfo Technology Co Ltd | CHN | CNY | 2023-09 | 1.05 | 9.6% | 4.3% | 8.4% | -11.5% | -31.9% | -13.8% | -7.1% | 5.5% | 55 | 70 | 70 | 58 | |||
| Calix Inc | USA | USD | 2023-12 | 1.04 | 8.3% | 9.9% | 15.6% | 19.8% | 19.8% | 23.7% | 24.3% | 18.7% | 37 | 21 | 24 | 29 | |||
| Temenos AG | CHE | CHF | 2023-09 | 0.98 | 2.8% | -2.3% | -0.9% | -1.5% | -0.7% | 5.9% | -2.5% | 4.0% | 66 | 63 | 68 | 62 | |||
| Source: Annual Filings, Company Website | |||||||||||||||||||