{"dataset":"software","name":"Software Board","asOf":"2026-10-16","source":"https://sweetvaluelab.com/tools/software","license":"https://creativecommons.org/licenses/by/4.0/","rows":24,"columns":["slug","name","tierLabel","pe","tier","price","epsTtm","fcfTtm","grades_ruleOf40","grades_fcfMargin","grades_sharesYoy","grades_sbcToRevenue","grades_revenueGrowth","lights_burn_on","lights_burn_text","lights_dilution_on","lights_dilution_text","lights_deceleration_on","lights_deceleration_text","sbcTtm","ticker","evToFcf","netCash","quality_label","quality_unavailable","quality_quartersUsed","ruleOf40","fcfMargin","marketCap","priceDate","sharesYoy","buybackTtm","revenueTtm","evToRevenue","grossMargin","netCashToEv","sbcToRevenue","revenueGrowth","fcfMarginExSbc","enterpriseValue","evToGrossProfit","operatingMargin","financialsThrough","revenueGrowthPrior","evRevenueHistory_stats_n","evRevenueHistory_stats_max","evRevenueHistory_stats_min","evRevenueHistory_stats_p25","evRevenueHistory_stats_p50","evRevenueHistory_stats_p75","evRevenueHistory_stats_vsMedian","evRevenueHistory_stats_percentile"],"data":[{"slug":"msft","name":"Microsoft","tierLabel":"Mega","pe":29.473537604456823,"tier":"mega","price":529.05,"epsTtm":17.95,"fcfTtm":66987000000,"grades_ruleOf40":"amber","grades_fcfMargin":"amber","grades_sharesYoy":"green","grades_sbcToRevenue":"green","grades_revenueGrowth":"amber","lights_burn_on":false,"lights_burn_text":null,"lights_dilution_on":false,"lights_dilution_text":null,"lights_deceleration_on":false,"lights_deceleration_text":null,"sbcTtm":12405000000,"ticker":"MSFT","evToFcf":59.63806335557645,"netCash":-51965300000,"quality_label":"4-quarter TTM","quality_unavailable":false,"quality_quartersUsed":4,"ruleOf40":37.9752833120107,"fcfMargin":0.20186596512164032,"marketCap":3943009649999.9995,"priceDate":"2026-10-16","sharesYoy":-0.0010722423267658376,"buybackTtm":22271000000,"revenueTtm":331839000000,"evToRevenue":12.03889521725897,"grossMargin":0.6794409337058032,"netCashToEv":-0.013007666043062424,"sbcToRevenue":0.0373825861336371,"revenueGrowth":0.17788686799846665,"fcfMarginExSbc":0.16448337898800322,"enterpriseValue":3994974949999.9995,"evToGrossProfit":17.71882531656798,"operatingMargin":0.4678081840892722,"financialsThrough":"2026-06-30","revenueGrowthPrior":0.14932156232406713,"evRevenueHistory_stats_n":20,"evRevenueHistory_stats_max":13.71533930042999,"evRevenueHistory_stats_min":8.436038409454635,"evRevenueHistory_stats_p25":10.081239469737945,"evRevenueHistory_stats_p50":11.885565629710948,"evRevenueHistory_stats_p75":12.84439924321237,"evRevenueHistory_stats_vsMedian":0.01290048722332049,"evRevenueHistory_stats_percentile":0.6},{"slug":"orcl","name":"Oracle","tierLabel":"Mega","pe":20.098746081504704,"tier":"mega","price":128.23,"epsTtm":6.379999999999999,"fcfTtm":-28720000000,"grades_ruleOf40":"red","grades_fcfMargin":"red","grades_sharesYoy":"red","grades_sbcToRevenue":"amber","grades_revenueGrowth":"amber","lights_burn_on":true,"lights_burn_text":"Free cash flow is negative over the trailing twelve months","lights_dilution_on":false,"lights_dilution_text":null,"lights_deceleration_on":false,"lights_deceleration_text":null,"sbcTtm":5970000000,"ticker":"ORCL","evToFcf":null,"netCash":-118854000000,"quality_label":"4-quarter TTM","quality_unavailable":false,"quality_quartersUsed":4,"ruleOf40":-18.393989322227906,"fcfMargin":-0.40012817476350365,"marketCap":384689999999.99994,"priceDate":"2026-10-16","sharesYoy":0.03128222756961163,"buybackTtm":94000000,"revenueTtm":71777000000,"evToRevenue":7.015394903659946,"grossMargin":0.6394666815275089,"netCashToEv":-0.2360349840331729,"sbcToRevenue":0.0831742758822464,"revenueGrowth":0.2161882815412246,"fcfMarginExSbc":-0.48330245064575006,"enterpriseValue":503543999999.99994,"evToGrossProfit":10.97069652933615,"operatingMargin":0.3236273458071527,"financialsThrough":"2026-08-31","revenueGrowthPrior":0.09668308092539246,"evRevenueHistory_stats_n":20,"evRevenueHistory_stats_max":12.745538140906165,"evRevenueHistory_stats_min":5.917901086213803,"evRevenueHistory_stats_p25":7.133285215901005,"evRevenueHistory_stats_p50":7.890397311015611,"evRevenueHistory_stats_p75":9.914026806436802,"evRevenueHistory_stats_vsMedian":-0.1108945941333136,"evRevenueHistory_stats_percentile":0.25},{"slug":"crm","name":"Salesforce","tierLabel":"Mega","pe":21.96167883211679,"tier":"mega","price":240.7,"epsTtm":10.959999999999999,"fcfTtm":15154000000,"grades_ruleOf40":"green","grades_fcfMargin":"green","grades_sharesYoy":"green","grades_sbcToRevenue":"amber","grades_revenueGrowth":"amber","lights_burn_on":false,"lights_burn_text":null,"lights_dilution_on":false,"lights_dilution_text":null,"lights_deceleration_on":false,"lights_deceleration_text":null,"sbcTtm":3665000000,"ticker":"CRM","evToFcf":15.042543222911442,"netCash":-30340000000,"quality_label":"4-quarter TTM","quality_unavailable":false,"quality_quartersUsed":4,"ruleOf40":45.7193190918132,"fcfMargin":0.34489507943010606,"marketCap":197614700000,"priceDate":"2026-10-16","sharesYoy":-0.14656964656964655,"buybackTtm":35070000000,"revenueTtm":43938000000,"evToRevenue":5.188099139696845,"grossMargin":0.772816241066958,"netCashToEv":-0.13309661963539246,"sbcToRevenue":0.08341299103281898,"revenueGrowth":0.11229811148802593,"fcfMarginExSbc":0.2614820883972871,"enterpriseValue":227954700000,"evToGrossProfit":6.713237719401579,"operatingMargin":0.21386954344758524,"financialsThrough":"2026-07-31","revenueGrowthPrior":0.08328534210887151,"evRevenueHistory_stats_n":20,"evRevenueHistory_stats_max":12.192278349277508,"evRevenueHistory_stats_min":4.1290095134052525,"evRevenueHistory_stats_p25":5.729475623209563,"evRevenueHistory_stats_p50":6.306214300327832,"evRevenueHistory_stats_p75":7.351189925476098,"evRevenueHistory_stats_vsMedian":-0.1773037051044809,"evRevenueHistory_stats_percentile":0.15},{"slug":"adbe","name":"Adobe","tierLabel":"Mega","pe":13.683035714285712,"tier":"mega","price":245.2,"epsTtm":17.92,"fcfTtm":10939000000,"grades_ruleOf40":"green","grades_fcfMargin":"green","grades_sharesYoy":"green","grades_sbcToRevenue":"green","grades_revenueGrowth":"amber","lights_burn_on":false,"lights_burn_text":null,"lights_dilution_on":false,"lights_dilution_text":null,"lights_deceleration_on":false,"lights_deceleration_text":null,"sbcTtm":2071000000,"ticker":"ADBE","evToFcf":8.956668799707469,"netCash":-1123000000,"quality_label":"4-quarter TTM","quality_unavailable":false,"quality_quartersUsed":4,"ruleOf40":54.15308389020479,"fcfMargin":0.4212167886022333,"marketCap":96854000000,"priceDate":"2026-10-16","sharesYoy":-0.08139534883720934,"buybackTtm":12067000000,"revenueTtm":25970000000,"evToRevenue":3.7726992683866,"grossMargin":0.8882171736619175,"netCashToEv":-0.011461873705053227,"sbcToRevenue":0.0797458606083943,"revenueGrowth":0.12031405029981457,"fcfMarginExSbc":0.34147092799383905,"enterpriseValue":97977000000,"evToGrossProfit":4.247496423462088,"operatingMargin":0.3569888332691567,"financialsThrough":"2026-08-28","revenueGrowthPrior":0.10665011696185611,"evRevenueHistory_stats_n":20,"evRevenueHistory_stats_max":18.676553690212227,"evRevenueHistory_stats_min":4.192452575601237,"evRevenueHistory_stats_p25":7.654239058234469,"evRevenueHistory_stats_p50":9.850108254692133,"evRevenueHistory_stats_p75":12.39282611263955,"evRevenueHistory_stats_vsMedian":-0.6169890552634829,"evRevenueHistory_stats_percentile":0},{"slug":"intu","name":"Intuit","tierLabel":"Mega","pe":19.718010915706486,"tier":"mega","price":325.15,"epsTtm":16.490000000000002,"fcfTtm":8617000000,"grades_ruleOf40":"green","grades_fcfMargin":"green","grades_sharesYoy":"green","grades_sbcToRevenue":"amber","grades_revenueGrowth":"amber","lights_burn_on":false,"lights_burn_text":null,"lights_dilution_on":false,"lights_dilution_text":null,"lights_deceleration_on":false,"lights_deceleration_text":null,"sbcTtm":2056000000,"ticker":"INTU","evToFcf":10.40522223511663,"netCash":-1221000000,"quality_label":"4-quarter TTM","quality_unavailable":false,"quality_quartersUsed":4,"ruleOf40":54.07353721912636,"fcfMargin":0.40176240208877284,"marketCap":88440800000,"priceDate":"2026-10-16","sharesYoy":-0.03546099290780147,"buybackTtm":5412000000,"revenueTtm":21448000000,"evToRevenue":4.180427079447967,"grossMargin":0.8093528534129056,"netCashToEv":-0.013617839481250655,"sbcToRevenue":0.09585975382320029,"revenueGrowth":0.13897297010249066,"fcfMarginExSbc":0.30590264826557256,"enterpriseValue":89661800000,"evToGrossProfit":5.165147761967855,"operatingMargin":0.2879988810145468,"financialsThrough":"2026-07-31","revenueGrowthPrior":0.1563401903592263,"evRevenueHistory_stats_n":20,"evRevenueHistory_stats_max":16.7351197053407,"evRevenueHistory_stats_min":4.0652760164117865,"evRevenueHistory_stats_p25":9.39728727382911,"evRevenueHistory_stats_p50":9.994895175619146,"evRevenueHistory_stats_p75":11.373992927510683,"evRevenueHistory_stats_vsMedian":-0.5817437796000691,"evRevenueHistory_stats_percentile":0.05},{"slug":"pltr","name":"Palantir","tierLabel":"Large","pe":157.65254237288136,"tier":"large","price":186.03,"epsTtm":1.18,"fcfTtm":3359272000,"grades_ruleOf40":"green","grades_fcfMargin":"green","grades_sharesYoy":"amber","grades_sbcToRevenue":"amber","grades_revenueGrowth":"green","lights_burn_on":false,"lights_burn_text":null,"lights_dilution_on":false,"lights_dilution_text":null,"lights_deceleration_on":false,"lights_deceleration_text":null,"sbcTtm":835524000,"ticker":"PLTR","evToFcf":139.5740004917732,"netCash":9197699000,"quality_label":"4-quarter TTM","quality_unavailable":false,"quality_quartersUsed":4,"ruleOf40":133.490836046402,"fcfMargin":0.5456959382814098,"marketCap":478064730780,"priceDate":"2026-10-16","sharesYoy":0.002697712601915425,"buybackTtm":38391000,"revenueTtm":6155941000,"evToRevenue":76.16496515804813,"grossMargin":0.8479613433592037,"netCashToEv":0.019616860168397827,"sbcToRevenue":0.1357264470208535,"revenueGrowth":0.7892124221826102,"fcfMarginExSbc":0.4099694912605563,"enterpriseValue":468867031780,"evToGrossProfit":89.8212704559387,"operatingMargin":0.4279852584682017,"financialsThrough":"2026-06-30","revenueGrowthPrior":0.3879037394800524,"evRevenueHistory_stats_n":20,"evRevenueHistory_stats_max":118.3791866870046,"evRevenueHistory_stats_min":6.172345798849975,"evRevenueHistory_stats_p25":15.662058046247385,"evRevenueHistory_stats_p50":22.727475985659893,"evRevenueHistory_stats_p75":65.61645601830857,"evRevenueHistory_stats_vsMedian":2.3512284956809593,"evRevenueHistory_stats_percentile":0.85},{"slug":"panw","name":"Palo Alto Networks","tierLabel":"Large","pe":777.2727272727274,"tier":"large","price":342,"epsTtm":0.43999999999999995,"fcfTtm":4386000000,"grades_ruleOf40":"green","grades_fcfMargin":"green","grades_sharesYoy":"red","grades_sbcToRevenue":null,"grades_revenueGrowth":"amber","lights_burn_on":false,"lights_burn_text":null,"lights_dilution_on":true,"lights_dilution_text":"The diluted share count grew 7.8% in a year","lights_deceleration_on":false,"lights_deceleration_text":null,"sbcTtm":null,"ticker":"PANW","evToFcf":59.443000455996355,"netCash":571000000,"quality_label":"4-quarter TTM","quality_unavailable":false,"quality_quartersUsed":4,"ruleOf40":62.69455199954628,"fcfMargin":0.3820557491289199,"marketCap":261288000000,"priceDate":"2026-10-16","sharesYoy":0.07757404795486611,"buybackTtm":1000000000,"revenueTtm":11480000000,"evToRevenue":22.71054006968641,"grossMargin":0.7035714285714286,"netCashToEv":0.002190114185112593,"sbcToRevenue":null,"revenueGrowth":0.24488977086654296,"fcfMarginExSbc":null,"enterpriseValue":260717000000,"evToGrossProfit":32.278940200569515,"operatingMargin":0.06054006968641115,"financialsThrough":"2026-07-31","revenueGrowthPrior":0.1487636250389286,"evRevenueHistory_stats_n":20,"evRevenueHistory_stats_max":22.033721254355402,"evRevenueHistory_stats_min":8.644447260262844,"evRevenueHistory_stats_p25":10.709429281950637,"evRevenueHistory_stats_p50":12.659571823766093,"evRevenueHistory_stats_p75":14.709908192974721,"evRevenueHistory_stats_vsMedian":0.7939421953475088,"evRevenueHistory_stats_percentile":1},{"slug":"crwd","name":"CrowdStrike","tierLabel":"Large","pe":6478.34757834758,"tier":"large","price":227.39,"epsTtm":0.03509999999999999,"fcfTtm":1572948000,"grades_ruleOf40":"green","grades_fcfMargin":"green","grades_sharesYoy":"red","grades_sbcToRevenue":"red","grades_revenueGrowth":"amber","lights_burn_on":false,"lights_burn_text":null,"lights_dilution_on":true,"lights_dilution_text":"Stock-based compensation is 23% of revenue","lights_deceleration_on":false,"lights_deceleration_text":null,"sbcTtm":1230539000,"ticker":"CRWD","evToFcf":147.3949907244232,"netCash":4193668000,"quality_label":"4-quarter TTM","quality_unavailable":false,"quality_quartersUsed":4,"ruleOf40":53.453051605388694,"fcfMargin":0.29149476153809806,"marketCap":236038323870,"priceDate":"2026-10-16","sharesYoy":0.0384109815973015,"buybackTtm":175622000,"revenueTtm":5396145000,"evToRevenue":42.96486767312591,"grossMargin":0.7524562442262023,"netCashToEv":0.018088266836529865,"sbcToRevenue":0.2280403880918693,"revenueGrowth":0.24303575451578885,"fcfMarginExSbc":0.06345437344622876,"enterpriseValue":231844655870,"evToGrossProfit":57.09948984117923,"operatingMargin":-0.02214340052018617,"financialsThrough":"2026-07-31","revenueGrowthPrior":0.23458040751856313,"evRevenueHistory_stats_n":20,"evRevenueHistory_stats_max":118.70474165244302,"evRevenueHistory_stats_min":10.249839302956048,"evRevenueHistory_stats_p25":21.24899099169575,"evRevenueHistory_stats_p50":42.55135899540889,"evRevenueHistory_stats_p75":90.59521251961903,"evRevenueHistory_stats_vsMedian":0.009717872412997153,"evRevenueHistory_stats_percentile":0.5},{"slug":"now","name":"ServiceNow","tierLabel":"Large","pe":88.73124999999999,"tier":"large","price":141.97,"epsTtm":1.6,"fcfTtm":4580000000,"grades_ruleOf40":"green","grades_fcfMargin":"green","grades_sharesYoy":"green","grades_sbcToRevenue":"amber","grades_revenueGrowth":"amber","lights_burn_on":false,"lights_burn_text":null,"lights_dilution_on":false,"lights_dilution_text":null,"lights_deceleration_on":false,"lights_deceleration_text":null,"sbcTtm":2185000000,"ticker":"NOW","evToFcf":32.972028384279476,"netCash":-3789000000,"quality_label":"4-quarter TTM","quality_unavailable":false,"quality_quartersUsed":4,"ruleOf40":53.27506814348742,"fcfMargin":0.31088786315503664,"marketCap":147222890000,"priceDate":"2026-10-16","sharesYoy":-0.009182025778465719,"buybackTtm":3406000000,"revenueTtm":14732000000,"evToRevenue":10.250603448275863,"grossMargin":0.7476920988324736,"netCashToEv":-0.025090739543753807,"sbcToRevenue":0.14831658973662776,"revenueGrowth":0.22186281827983745,"fcfMarginExSbc":0.16257127341840888,"enterpriseValue":151011890000,"evToGrossProfit":13.709658647299138,"operatingMargin":0.11403746945424925,"financialsThrough":"2026-06-30","revenueGrowthPrior":0.21115017579105988,"evRevenueHistory_stats_n":20,"evRevenueHistory_stats_max":22.69124243174788,"evRevenueHistory_stats_min":7.245612272603855,"evRevenueHistory_stats_p25":12.027197064391743,"evRevenueHistory_stats_p50":14.694412022052052,"evRevenueHistory_stats_p75":17.535748763727796,"evRevenueHistory_stats_vsMedian":-0.302414861316487,"evRevenueHistory_stats_percentile":0.1},{"slug":"ftnt","name":"Fortinet","tierLabel":"Large","pe":59.55281690140844,"tier":"large","price":169.13,"epsTtm":2.8400000000000003,"fcfTtm":3117000000,"grades_ruleOf40":"green","grades_fcfMargin":"green","grades_sharesYoy":"green","grades_sbcToRevenue":"green","grades_revenueGrowth":"amber","lights_burn_on":false,"lights_burn_text":null,"lights_dilution_on":false,"lights_dilution_text":null,"lights_deceleration_on":false,"lights_deceleration_text":null,"sbcTtm":296700000,"ticker":"FTNT","evToFcf":39.07711549566891,"netCash":3572700000,"quality_label":"4-quarter TTM","quality_unavailable":false,"quality_quartersUsed":4,"ruleOf40":60.17676634068063,"fcfMargin":0.4140872014241305,"marketCap":125376069000,"priceDate":"2026-10-16","sharesYoy":-0.04323696437790403,"buybackTtm":2861500000,"revenueTtm":7527400000,"evToRevenue":16.181333395329066,"grossMargin":0.8037835109068204,"netCashToEv":0.02933170099753152,"sbcToRevenue":0.03941600021255679,"revenueGrowth":0.18768046198267574,"fcfMarginExSbc":0.3746712012115737,"enterpriseValue":121803369000,"evToGrossProfit":20.131457259024195,"operatingMargin":0.32425538698621037,"financialsThrough":"2026-06-30","revenueGrowthPrior":0.14458310006681963,"evRevenueHistory_stats_n":20,"evRevenueHistory_stats_max":17.490425468254443,"evRevenueHistory_stats_min":7.956201217199718,"evRevenueHistory_stats_p25":8.537735898163369,"evRevenueHistory_stats_p50":10.384153861019552,"evRevenueHistory_stats_p75":11.94909382120585,"evRevenueHistory_stats_vsMedian":0.558271729396383,"evRevenueHistory_stats_percentile":0.95},{"slug":"snow","name":"Snowflake","tierLabel":"Large","pe":null,"tier":"large","price":306.84,"epsTtm":-3.18,"fcfTtm":1195274000,"grades_ruleOf40":"green","grades_fcfMargin":"amber","grades_sharesYoy":"red","grades_sbcToRevenue":"red","grades_revenueGrowth":"green","lights_burn_on":false,"lights_burn_text":null,"lights_dilution_on":true,"lights_dilution_text":"Stock-based compensation is 30% of revenue","lights_deceleration_on":false,"lights_deceleration_text":null,"sbcTtm":1641922000,"ticker":"SNOW","evToFcf":90.0087660904529,"netCash":-419120000,"quality_label":"4-quarter TTM","quality_unavailable":false,"quality_quartersUsed":4,"ruleOf40":54.033672922375345,"fcfMargin":0.21993590384067263,"marketCap":107166017879.99998,"priceDate":"2026-10-16","sharesYoy":0.04581428147935207,"buybackTtm":682902000,"revenueTtm":5434647000,"evToRevenue":19.79615932368744,"grossMargin":0.670304437436323,"netCashToEv":-0.003895705375843685,"sbcToRevenue":0.30212118652784625,"revenueGrowth":0.3204008253830808,"fcfMarginExSbc":-0.08218528268717362,"enterpriseValue":107585137879.99998,"evToGrossProfit":29.533087084132607,"operatingMargin":-0.22756823028248202,"financialsThrough":"2026-07-31","revenueGrowthPrior":0.2836520288772095,"evRevenueHistory_stats_n":20,"evRevenueHistory_stats_max":100.90374426179658,"evRevenueHistory_stats_min":9.329278373191348,"evRevenueHistory_stats_p25":15.489720927790923,"evRevenueHistory_stats_p50":19.235785036703476,"evRevenueHistory_stats_p75":23.321869432077918,"evRevenueHistory_stats_vsMedian":0.029131864694615928,"evRevenueHistory_stats_percentile":0.55},{"slug":"ddog","name":"Datadog","tierLabel":"Large","pe":500.628038897893,"tier":"large","price":247.11,"epsTtm":0.49360000000000004,"fcfTtm":1154829000,"grades_ruleOf40":"green","grades_fcfMargin":"green","grades_sharesYoy":"amber","grades_sbcToRevenue":"red","grades_revenueGrowth":"green","lights_burn_on":false,"lights_burn_text":null,"lights_dilution_on":true,"lights_dilution_text":"Stock-based compensation is 21% of revenue","lights_deceleration_on":false,"lights_deceleration_text":null,"sbcTtm":823036000,"ticker":"DDOG","evToFcf":75.59197925407138,"netCash":3707637000,"quality_label":"4-quarter TTM","quality_unavailable":false,"quality_quartersUsed":4,"ruleOf40":60.633178184113504,"fcfMargin":0.2911290800345373,"marketCap":91003446810,"priceDate":"2026-10-16","sharesYoy":0.019325249315644832,"buybackTtm":0,"revenueTtm":3966725000,"evToRevenue":22.007023378227633,"grossMargin":0.7951226767673585,"netCashToEv":0.042472107287505556,"sbcToRevenue":0.2074850159766558,"revenueGrowth":0.3152027018065977,"fcfMarginExSbc":0.0836440640578815,"enterpriseValue":87295809810,"evToGrossProfit":27.677519483784728,"operatingMargin":0.0037703647215272043,"financialsThrough":"2026-06-30","revenueGrowthPrior":0.25998854501179536,"evRevenueHistory_stats_n":20,"evRevenueHistory_stats_max":59.154741393723086,"evRevenueHistory_stats_min":10.779573906102645,"evRevenueHistory_stats_p25":14.78118403822629,"evRevenueHistory_stats_p50":16.86507157273973,"evRevenueHistory_stats_p75":19.82676487073661,"evRevenueHistory_stats_vsMedian":0.3048876361603601,"evRevenueHistory_stats_percentile":0.8},{"slug":"cdns","name":"Cadence","tierLabel":"Large","pe":63.52087475149105,"tier":"large","price":319.51,"epsTtm":5.03,"fcfTtm":1678694999,"grades_ruleOf40":"green","grades_fcfMargin":"green","grades_sharesYoy":"amber","grades_sbcToRevenue":"amber","grades_revenueGrowth":"amber","lights_burn_on":false,"lights_burn_text":null,"lights_dilution_on":false,"lights_dilution_text":null,"lights_deceleration_on":false,"lights_deceleration_text":null,"sbcTtm":514310000,"ticker":"CDNS","evToFcf":52.95208035584313,"netCash":-1041757000,"quality_label":"4-quarter TTM","quality_unavailable":false,"quality_quartersUsed":4,"ruleOf40":43.46062410932189,"fcfMargin":0.2875648185914027,"marketCap":87848635480,"priceDate":"2026-10-16","sharesYoy":0.007508272291213869,"buybackTtm":800024000,"revenueTtm":5837623000,"evToRevenue":15.227155381565408,"grossMargin":0.8849751003105202,"netCashToEv":-0.011719568008819304,"sbcToRevenue":0.08810264040689164,"revenueGrowth":0.14704142250181618,"fcfMarginExSbc":0.19946217818451106,"enterpriseValue":88890392480,"evToGrossProfit":17.206309393589155,"operatingMargin":0.3082855813059528,"financialsThrough":"2026-06-30","revenueGrowthPrior":0.2229450383407332,"evRevenueHistory_stats_n":20,"evRevenueHistory_stats_max":20.794057760842144,"evRevenueHistory_stats_min":12.312832762167021,"evRevenueHistory_stats_p25":14.183727697605098,"evRevenueHistory_stats_p50":16.327018466812742,"evRevenueHistory_stats_p75":17.749255262094614,"evRevenueHistory_stats_vsMedian":-0.06736460104353892,"evRevenueHistory_stats_percentile":0.35},{"slug":"snps","name":"Synopsys","tierLabel":"Large","pe":79.49466689980767,"tier":"large","price":454.63,"epsTtm":5.718999999999999,"fcfTtm":2789812000,"grades_ruleOf40":"green","grades_fcfMargin":"green","grades_sharesYoy":"red","grades_sbcToRevenue":"amber","grades_revenueGrowth":"green","lights_burn_on":false,"lights_burn_text":null,"lights_dilution_on":true,"lights_dilution_text":"The diluted share count grew 18.9% in a year","lights_deceleration_on":false,"lights_deceleration_text":null,"sbcTtm":950016000,"ticker":"SNPS","evToFcf":33.93350769514218,"netCash":-7234120000,"quality_label":"4-quarter TTM","quality_unavailable":false,"quality_quartersUsed":4,"ruleOf40":75.95205640596454,"fcfMargin":0.2962695661269914,"marketCap":87433986970,"priceDate":"2026-10-16","sharesYoy":0.18948924431909542,"buybackTtm":135075000,"revenueTtm":9416465000,"evToRevenue":10.053465602006698,"grossMargin":0.7237516414068337,"netCashToEv":-0.07641559794041797,"sbcToRevenue":0.10088881549498671,"revenueGrowth":0.463250997932654,"fcfMarginExSbc":0.1953807506320047,"enterpriseValue":94668106970,"evToGrossProfit":13.89076725610556,"operatingMargin":0.09751536271838743,"financialsThrough":"2026-07-31","revenueGrowthPrior":0.05659988263839666,"evRevenueHistory_stats_n":20,"evRevenueHistory_stats_max":17.86509239345958,"evRevenueHistory_stats_min":8.708156876280006,"evRevenueHistory_stats_p25":10.638098695944189,"evRevenueHistory_stats_p50":11.811704028678669,"evRevenueHistory_stats_p75":13.020701224973267,"evRevenueHistory_stats_vsMedian":-0.14885561155299776,"evRevenueHistory_stats_percentile":0.15},{"slug":"wday","name":"Workday","tierLabel":"Large","pe":38.70385395537526,"tier":"large","price":190.81,"epsTtm":4.93,"fcfTtm":2844000000,"grades_ruleOf40":"green","grades_fcfMargin":"green","grades_sharesYoy":"green","grades_sbcToRevenue":"amber","grades_revenueGrowth":"amber","lights_burn_on":false,"lights_burn_text":null,"lights_dilution_on":false,"lights_dilution_text":null,"lights_deceleration_on":false,"lights_deceleration_text":null,"sbcTtm":1646000000,"ticker":"WDAY","evToFcf":16.91874570323488,"netCash":-369000000,"quality_label":"4-quarter TTM","quality_unavailable":false,"quality_quartersUsed":4,"ruleOf40":41.372421945211265,"fcfMargin":0.2800039381707197,"marketCap":47747912780,"priceDate":"2026-10-16","sharesYoy":-0.07381005255755424,"buybackTtm":5231000000,"revenueTtm":10157000000,"evToRevenue":4.737315425814709,"grossMargin":0.757999409274392,"netCashToEv":-0.007668821183252979,"sbcToRevenue":0.16205572511568375,"revenueGrowth":0.1337202812813929,"fcfMarginExSbc":0.11794821305503597,"enterpriseValue":48116912780,"evToGrossProfit":6.249761369008962,"operatingMargin":0.11991729841488628,"financialsThrough":"2026-07-31","revenueGrowthPrior":0.13935121203747003,"evRevenueHistory_stats_n":20,"evRevenueHistory_stats_max":14.803822169317586,"evRevenueHistory_stats_min":3.1032992896285774,"evRevenueHistory_stats_p25":6.574562334176653,"evRevenueHistory_stats_p50":7.159240417248252,"evRevenueHistory_stats_p75":8.388789982573421,"evRevenueHistory_stats_vsMedian":-0.33829356890970863,"evRevenueHistory_stats_percentile":0.15},{"slug":"adsk","name":"Autodesk","tierLabel":"Large","pe":31.075129533678762,"tier":"large","price":239.9,"epsTtm":7.719999999999999,"fcfTtm":2832000000,"grades_ruleOf40":"green","grades_fcfMargin":"green","grades_sharesYoy":"green","grades_sbcToRevenue":"amber","grades_revenueGrowth":"amber","lights_burn_on":false,"lights_burn_text":null,"lights_dilution_on":false,"lights_dilution_text":null,"lights_deceleration_on":false,"lights_deceleration_text":null,"sbcTtm":706000000,"ticker":"ADSK","evToFcf":17.799717514124293,"netCash":450000000,"quality_label":"4-quarter TTM","quality_unavailable":false,"quality_quartersUsed":4,"ruleOf40":54.295254207970586,"fcfMargin":0.3635430038510911,"marketCap":50858800000,"priceDate":"2026-10-16","sharesYoy":-0.013953488372092981,"buybackTtm":2176000000,"revenueTtm":7790000000,"evToRevenue":6.470962772785622,"grossMargin":0.9124518613607189,"netCashToEv":0.008927012743806638,"sbcToRevenue":0.09062901155327342,"revenueGrowth":0.17940953822861472,"fcfMarginExSbc":0.2729139922978177,"enterpriseValue":50408800000,"evToGrossProfit":7.091840180078784,"operatingMargin":0.2754813863928113,"financialsThrough":"2026-07-31","revenueGrowthPrior":0.13781223083548655,"evRevenueHistory_stats_n":20,"evRevenueHistory_stats_max":17.029761283280337,"evRevenueHistory_stats_min":6.315840821566111,"evRevenueHistory_stats_p25":8.337084065086588,"evRevenueHistory_stats_p50":9.429966297134408,"evRevenueHistory_stats_p75":10.096687868228331,"evRevenueHistory_stats_vsMedian":-0.31378728524702915,"evRevenueHistory_stats_percentile":0.05},{"slug":"veev","name":"Veeva","tierLabel":"Large","pe":51.04605263157895,"tier":"large","price":310.36,"epsTtm":6.08,"fcfTtm":1642354000,"grades_ruleOf40":"green","grades_fcfMargin":"green","grades_sharesYoy":"green","grades_sbcToRevenue":null,"grades_revenueGrowth":"amber","lights_burn_on":false,"lights_burn_text":null,"lights_dilution_on":false,"lights_dilution_text":null,"lights_deceleration_on":false,"lights_deceleration_text":null,"sbcTtm":null,"ticker":"VEEV","evToFcf":26.87352332079442,"netCash":7091252000,"quality_label":"4-quarter TTM","quality_unavailable":false,"quality_quartersUsed":4,"ruleOf40":63.9972038807327,"fcfMargin":0.4749298602873603,"marketCap":51227090520,"priceDate":"2026-10-16","sharesYoy":-0.013241905399588694,"buybackTtm":642622000,"revenueTtm":3458098000,"evToRevenue":12.763038676174013,"grossMargin":0.7489345299063243,"netCashToEv":0.160668795196598,"sbcToRevenue":null,"revenueGrowth":0.16504217851996672,"fcfMarginExSbc":null,"enterpriseValue":44135838520,"evToGrossProfit":17.041594647492616,"operatingMargin":0.29925670122709075,"financialsThrough":"2026-07-31","revenueGrowthPrior":0.15331072729808914,"evRevenueHistory_stats_n":20,"evRevenueHistory_stats_max":28.028869588017063,"evRevenueHistory_stats_min":5.627730262206497,"evRevenueHistory_stats_p25":11.194010801844883,"evRevenueHistory_stats_p50":11.89489794694635,"evRevenueHistory_stats_p75":13.783782544270196,"evRevenueHistory_stats_vsMedian":0.07298429403091533,"evRevenueHistory_stats_percentile":0.65},{"slug":"rop","name":"Roper","tierLabel":"Large","pe":15.94625,"tier":"large","price":382.71,"epsTtm":24,"fcfTtm":2622400000,"grades_ruleOf40":"green","grades_fcfMargin":"green","grades_sharesYoy":"green","grades_sbcToRevenue":"green","grades_revenueGrowth":"amber","lights_burn_on":false,"lights_burn_text":null,"lights_dilution_on":false,"lights_dilution_text":null,"lights_deceleration_on":false,"lights_deceleration_text":null,"sbcTtm":191799999,"ticker":"ROP","evToFcf":19.150604789505795,"netCash":-10954500000,"quality_label":"4-quarter TTM","quality_unavailable":false,"quality_quartersUsed":4,"ruleOf40":42.54594095448789,"fcfMargin":0.3167035010808787,"marketCap":39266046000,"priceDate":"2026-10-16","sharesYoy":-0.053505535055350606,"buybackTtm":3226700000,"revenueTtm":8280300000,"evToRevenue":6.06506358465273,"grossMargin":0.6952525874666377,"netCashToEv":-0.21812785547970745,"sbcToRevenue":0.023163411832904605,"revenueGrowth":0.10875590846400018,"fcfMarginExSbc":0.2935400892479741,"enterpriseValue":50220546000,"evToGrossProfit":8.723539752297244,"operatingMargin":0.2796517034406966,"financialsThrough":"2026-06-30","revenueGrowthPrior":0.13593635921148706,"evRevenueHistory_stats_n":20,"evRevenueHistory_stats_max":11.888826415542278,"evRevenueHistory_stats_min":5.515900873156769,"evRevenueHistory_stats_p25":8.861217397996903,"evRevenueHistory_stats_p50":9.739792797329955,"evRevenueHistory_stats_p75":10.3816546362046,"evRevenueHistory_stats_vsMedian":-0.37729028626611094,"evRevenueHistory_stats_percentile":0.1},{"slug":"twlo","name":"Twilio","tierLabel":"Large","pe":34.03481894150418,"tier":"large","price":244.37,"epsTtm":7.180000000000001,"fcfTtm":1109554000,"grades_ruleOf40":"amber","grades_fcfMargin":"amber","grades_sharesYoy":"amber","grades_sbcToRevenue":"amber","grades_revenueGrowth":"amber","lights_burn_on":false,"lights_burn_text":null,"lights_dilution_on":false,"lights_dilution_text":null,"lights_deceleration_on":false,"lights_deceleration_text":null,"sbcTtm":590306000,"ticker":"TWLO","evToFcf":33.74065032023678,"netCash":1590811000,"quality_label":"4-quarter TTM","quality_unavailable":false,"quality_quartersUsed":4,"ruleOf40":37.73570368592182,"fcfMargin":0.19911857306317934,"marketCap":39027884525.42,"priceDate":"2026-10-16","sharesYoy":0.00010274794520070962,"buybackTtm":868738000,"revenueTtm":5572328000,"evToRevenue":6.718390145989252,"grossMargin":0.48535136481556723,"netCashToEv":0.042492931476597114,"sbcToRevenue":0.1059352572210394,"revenueGrowth":0.1782384637960388,"fcfMarginExSbc":0.09318331584213994,"enterpriseValue":37437073525.42,"evToGrossProfit":13.842322558508165,"operatingMargin":0.055061726445392305,"financialsThrough":"2026-06-30","revenueGrowthPrior":0.1156357892531843,"evRevenueHistory_stats_n":20,"evRevenueHistory_stats_max":20.587877786360238,"evRevenueHistory_stats_min":1.6067017299175892,"evRevenueHistory_stats_p25":2.2103506467491663,"evRevenueHistory_stats_p50":3.0691788085361216,"evRevenueHistory_stats_p75":3.921529551607521,"evRevenueHistory_stats_vsMedian":1.1889862289234499,"evRevenueHistory_stats_percentile":0.85},{"slug":"zs","name":"Zscaler","tierLabel":"Large","pe":null,"tier":"large","price":207.38,"epsTtm":-0.39,"fcfTtm":852350000,"grades_ruleOf40":"green","grades_fcfMargin":"green","grades_sharesYoy":"amber","grades_sbcToRevenue":"red","grades_revenueGrowth":"green","lights_burn_on":false,"lights_burn_text":null,"lights_dilution_on":true,"lights_dilution_text":"Stock-based compensation is 25% of revenue","lights_deceleration_on":false,"lights_deceleration_text":null,"sbcTtm":821923000,"ticker":"ZS","evToFcf":37.08322780547897,"netCash":1618327000,"quality_label":"4-quarter TTM","quality_unavailable":false,"quality_quartersUsed":4,"ruleOf40":50.84047590522056,"fcfMargin":0.2542413579265526,"marketCap":33226216220,"priceDate":"2026-10-16","sharesYoy":0.023789745424803277,"buybackTtm":0,"revenueTtm":3352523000,"evToRevenue":9.428090193564667,"grossMargin":0.7680466323422688,"netCashToEv":0.051200097188900486,"sbcToRevenue":0.24516550669451037,"revenueGrowth":0.25416340112565305,"fcfMarginExSbc":0.009075851232042242,"enterpriseValue":31607889220,"evToGrossProfit":12.27541375295449,"operatingMargin":-0.03975125599436603,"financialsThrough":"2026-07-31","revenueGrowthPrior":0.23311687443000206,"evRevenueHistory_stats_n":20,"evRevenueHistory_stats_max":57.5651399731157,"evRevenueHistory_stats_min":6.090222500633358,"evRevenueHistory_stats_p25":11.834445681165164,"evRevenueHistory_stats_p50":12.929122688538026,"evRevenueHistory_stats_p75":17.907023319729937,"evRevenueHistory_stats_vsMedian":-0.270786547495377,"evRevenueHistory_stats_percentile":0.15},{"slug":"net","name":"Cloudflare","tierLabel":"Growth","pe":null,"tier":"growth","price":296.3,"epsTtm":-0.5831,"fcfTtm":378630000,"grades_ruleOf40":"green","grades_fcfMargin":"amber","grades_sharesYoy":"amber","grades_sbcToRevenue":"red","grades_revenueGrowth":"green","lights_burn_on":false,"lights_burn_text":null,"lights_dilution_on":true,"lights_dilution_text":"Stock-based compensation is 20% of revenue","lights_deceleration_on":false,"lights_deceleration_text":null,"sbcTtm":507655000,"ticker":"NET","evToFcf":275.6139666693078,"netCash":633448000,"quality_label":"4-quarter TTM","quality_unavailable":false,"quality_quartersUsed":4,"ruleOf40":48.60474669014185,"fcfMargin":0.1507075049256672,"marketCap":104989164200,"priceDate":"2026-10-16","sharesYoy":0.019698465275159727,"buybackTtm":29473000,"revenueTtm":2512350000,"evToRevenue":41.53709323939738,"grossMargin":0.7257651203056898,"netCashToEv":0.006070084352504305,"sbcToRevenue":0.20206380480426692,"revenueGrowth":0.33533996197575133,"fcfMarginExSbc":-0.051356299878599715,"enterpriseValue":104355716200,"evToGrossProfit":57.232143123524715,"operatingMargin":-0.14105677950922443,"financialsThrough":"2026-06-30","revenueGrowthPrior":0.2732382108638305,"evRevenueHistory_stats_n":20,"evRevenueHistory_stats_max":63.365694686072764,"evRevenueHistory_stats_min":15.145766492590036,"evRevenueHistory_stats_p25":19.08913177836677,"evRevenueHistory_stats_p50":21.85492110468772,"evRevenueHistory_stats_p75":34.73207904487667,"evRevenueHistory_stats_vsMedian":0.9005830787688351,"evRevenueHistory_stats_percentile":0.85},{"slug":"mdb","name":"MongoDB","tierLabel":"Growth","pe":478.61902736424213,"tier":"growth","price":337.57,"epsTtm":0.7053,"fcfTtm":667341000,"grades_ruleOf40":"green","grades_fcfMargin":"amber","grades_sharesYoy":"amber","grades_sbcToRevenue":"red","grades_revenueGrowth":"green","lights_burn_on":false,"lights_burn_text":null,"lights_dilution_on":true,"lights_dilution_text":"Stock-based compensation is 20% of revenue","lights_deceleration_on":false,"lights_deceleration_text":null,"sbcTtm":564392000,"ticker":"MDB","evToFcf":37.90649643052053,"netCash":2382659000,"quality_label":"4-quarter TTM","quality_unavailable":false,"quality_quartersUsed":4,"ruleOf40":49.43351675262616,"fcfMargin":0.2398117702864412,"marketCap":27679218234.44,"priceDate":"2026-10-16","sharesYoy":0.011316164680924556,"buybackTtm":406141000,"revenueTtm":2782770000,"evToRevenue":9.090424014359792,"grossMargin":0.7268771763386841,"netCashToEv":0.09418905464250367,"sbcToRevenue":0.2028166179741768,"revenueGrowth":0.2545233972398204,"fcfMarginExSbc":0.03699515231226441,"enterpriseValue":25296559234.44,"evToGrossProfit":12.506134888082059,"operatingMargin":-0.0052192599460250035,"financialsThrough":"2026-07-31","revenueGrowthPrior":0.2190463890613923,"evRevenueHistory_stats_n":20,"evRevenueHistory_stats_max":43.66991034015729,"evRevenueHistory_stats_min":5.482139910950469,"evRevenueHistory_stats_p25":9.79026496372433,"evRevenueHistory_stats_p50":11.715260358009637,"evRevenueHistory_stats_p75":17.333613853506723,"evRevenueHistory_stats_vsMedian":-0.22405275371069866,"evRevenueHistory_stats_percentile":0.2},{"slug":"okta","name":"Okta","tierLabel":"Growth","pe":112.80722891566265,"tier":"growth","price":187.26,"epsTtm":1.66,"fcfTtm":972000000,"grades_ruleOf40":"green","grades_fcfMargin":"green","grades_sharesYoy":"green","grades_sbcToRevenue":"amber","grades_revenueGrowth":"amber","lights_burn_on":false,"lights_burn_text":null,"lights_dilution_on":false,"lights_dilution_text":null,"lights_deceleration_on":false,"lights_deceleration_text":null,"sbcTtm":503000000,"ticker":"OKTA","evToFcf":32.13743423868313,"netCash":2246000000,"quality_label":"4-quarter TTM","quality_unavailable":false,"quality_quartersUsed":4,"ruleOf40":42.850017413171756,"fcfMargin":0.3163032866905304,"marketCap":33483586080,"priceDate":"2026-10-16","sharesYoy":-0.011924891968657092,"buybackTtm":372000000,"revenueTtm":3073000000,"evToRevenue":10.165176075496257,"grossMargin":0.7813211845102506,"netCashToEv":0.07190056217045565,"sbcToRevenue":0.16368369671330946,"revenueGrowth":0.11219688744118717,"fcfMarginExSbc":0.15261958997722097,"enterpriseValue":31237586080,"evToGrossProfit":13.010239933361099,"operatingMargin":0.07679791734461439,"financialsThrough":"2026-07-31","revenueGrowthPrior":0.12683523654159878,"evRevenueHistory_stats_n":20,"evRevenueHistory_stats_max":32.56500858562095,"evRevenueHistory_stats_min":3.6413656041388522,"evRevenueHistory_stats_p25":5.0695190889487804,"evRevenueHistory_stats_p50":5.7625960339236055,"evRevenueHistory_stats_p75":7.087280709098618,"evRevenueHistory_stats_vsMedian":0.7639924811066525,"evRevenueHistory_stats_percentile":0.85},{"slug":"vrsn","name":"VeriSign","tierLabel":"Growth","pe":32.79067245119306,"tier":"growth","price":302.33,"epsTtm":9.219999999999999,"fcfTtm":1066100000,"grades_ruleOf40":"green","grades_fcfMargin":"green","grades_sharesYoy":"green","grades_sbcToRevenue":null,"grades_revenueGrowth":"red","lights_burn_on":false,"lights_burn_text":null,"lights_dilution_on":false,"lights_dilution_text":null,"lights_deceleration_on":false,"lights_deceleration_text":null,"sbcTtm":null,"ticker":"VRSN","evToFcf":27.059809586342745,"netCash":-1306200000,"quality_label":"4-quarter TTM","quality_unavailable":false,"quality_quartersUsed":4,"ruleOf40":69.28565942089149,"fcfMargin":0.6242168745242695,"marketCap":27542263000,"priceDate":"2026-10-16","sharesYoy":-0.030851063829787195,"buybackTtm":899900000,"revenueTtm":1707900000,"evToRevenue":16.891189765208736,"grossMargin":0.8846536682475554,"netCashToEv":-0.04527797546787848,"sbcToRevenue":null,"revenueGrowth":0.06863971968464533,"fcfMarginExSbc":null,"enterpriseValue":28848463000,"evToGrossProfit":19.09356211529552,"operatingMargin":0.6786111599039757,"financialsThrough":"2026-06-30","revenueGrowthPrior":0.045873961128198415,"evRevenueHistory_stats_n":20,"evRevenueHistory_stats_max":21.677476347870105,"evRevenueHistory_stats_min":12.247366010077874,"evRevenueHistory_stats_p25":13.887535564953147,"evRevenueHistory_stats_p50":14.653516332585411,"evRevenueHistory_stats_p75":16.691693778658383,"evRevenueHistory_stats_vsMedian":0.15270556102956334,"evRevenueHistory_stats_percentile":0.8}]}