CSCO
Cisco Systems
$439,743.40 Mn
111.61
-1.14%
+66.71%
Cisco's core business is providing networking hardware and software, specifically switching, routing, and wireless technologies such as the Catalyst 9000 switches, Nexus 9000 series, and Cisco 8000 series routers.
ANET
2nd
Arista Networks
$243,651.23 Mn
193.19
-4.27%
+39.95%
The 'Cognitive Adjacencies' segment provides campus and routing products, including wired and wireless switches, WiFi access points, and SD-WAN solutions for branch and office environments.
HPE-PC
2nd
Hewlett Packard Enterprise
$189,350.24 Mn
143.09
-3.53%
+133.73%
The Networking segment develops and sells high-performance hardware including switches (QFX, EX, CX), routers (MX, PTX), and management software like Aruba Central and Mist.
FTNT
2nd
Fortinet
$115,916.13 Mn
158.01
+1.39%
+95.65%
The company sells networking hardware and software, specifically Ethernet switches (FortiSwitch), wireless access points (FortiAP), and SD-WAN solutions, which are used to move data packets across enterprise and campus networks.
EQIX
2nd
Equinix
$107,066.91 Mn
1,085.09
-1.14%
+40.98%
The company provides interconnection services, including private links and software-defined connectivity, to move data packets between customers, cloud providers, and partners. This activity involves providing the hardware and software that enables network connectivity across its ecosystem.
UCL
uCloudlink
$85,017.94 Mn
0.49
-27.94%
-86.43%
The company provides mobile data connectivity services and a platform that dynamically selects optimal networks across 167 countries, effectively providing the software-defined networking and management that moves data packets across networks. Its core business is based on proprietary cloud SIM technology and architecture to enable seamless connectivity for users and enterprises.
CIEN
Ciena
$57,450.38 Mn
405.73
-8.89%
+341.35%
Ciena designs and sells networking hardware including optical networking, routing, and switching equipment for core, metro, and data center interconnect networks. Its primary revenue comes from these networking platforms and the software that runs them, serving network operators and cloud providers.
SMCIP
2nd
Super Micro Computer
$38,073.24 Mn
63.31
-1.94%
—
The company's total IT solutions portfolio explicitly includes networking devices used to move data across enterprise and cloud networks.
UI
Ubiquiti
$35,291.65 Mn
583.13
+0.23%
+43.85%
Ubiquiti designs and sells networking hardware including wireless LAN equipment, switching and routing solutions, and wireless backhaul solutions. These products are powered by the UISP and UniFi OS software platforms to move data packets across enterprise and service provider networks.
ERIXF
Ericsson Lm Telephone
$35,159.53 Mn
10.43
+4.30%
+37.24%
Ericsson designs and sells networking hardware including radio access, core, and transport products (antennas, base stations, controllers) used to build 2G, 3G, 4G, and 5G telecommunications networks. This aligns with the description of providing hardware and software that moves data packets across networks.
FFIV
2nd
F5
$22,367.85 Mn
393.62
-0.49%
+24.46%
The company sells networking hardware and software for application delivery, including high-performance load balancers, traffic management tools like Local Traffic Manager, and multi-cloud networking solutions.
SMTC
2nd
Semtech
$12,531.57 Mn
135.23
-12.31%
+168.21%
The company sells gateways and routers, as well as optical and copper data communications products used in data centers and enterprise networks to move data packets.
AAOI
Applied Optoelectronics
$11,089.16 Mn
131.41
-15.16%
+402.91%
The company designs and manufactures fiber-optic networking products, including optical transceivers, transmitters, and nodes, used to move data packets across data centers, CATV, and telecom networks. Its primary revenue comes from selling this networking hardware to hyperscale data center operators like Microsoft and Oracle, as well as CATV MSOs.
SIFY
2nd
Sify Technologies
$6,545.19 Mn
15.06
-2.84%
+74.31%
Sify offers managed network connectivity and WAN portfolio solutions such as SecureConnect and ExpressConnect, moving data packets across a network reaching over 1,700 cities.
LUMN
2nd
Lumen Technologies
$6,324.95 Mn
6.14
-6.54%
+30.92%
Lumen provides SD-WAN and IP connectivity services, which are software-defined networking and network management tools used to move data packets across enterprise networks.
DOX
Amdocs
$6,224.47 Mn
57.88
+1.10%
-33.47%
Amdocs provides software and services for communications and media companies to automate network operations and manage 5G and fiber rollouts. Specifically, it sells the Amdocs Intelligent Networking Suite and provides network operations services to telecommunications and cable operators.
NTSK
2nd
Netskope
$6,203.83 Mn
15.37
+0.79%
—
The company has a dedicated Networking segment offering Firewall-as-a-Service (FWaaS), SD-WAN, and DNS-as-a-Service to manage and secure traffic across enterprise networks.
BDC
2nd
Belden
$5,053.20 Mn
129.31
-5.99%
+4.10%
The company provides networking hardware and software-defined networking capabilities, including matrix switching systems and rugged network infrastructure for industrial Ethernet and 5G applications. These products move data packets across enterprise and industrial networks.
ONDS
2nd
Ondas
$4,800.34 Mn
9.06
+0.67%
+125.94%
Ondas Networks sells the FullMAX software-defined radio platform and provides secure wide-area wireless connectivity hardware and software to rail and utility operators.
NN
Nextnav
$3,201.35 Mn
19.17
-0.16%
+30.05%
Nextnav provides terrestrial-based positioning, navigation, and timing (PNT) solutions and is integrating 5G New Radio capabilities to combine location functions with broadband data capacity. Its revenue comes from service contracts with wireless carriers like AT&T and Verizon to embed these capabilities into their networks.
EXTR
Extreme Networks
$3,147.18 Mn
23.75
-2.18%
+19.53%
Extreme Networks designs, develops, and manufactures wired, wireless, and software-defined wide area network (SD-WAN) infrastructure equipment. Its core revenue comes from the sale of this networking hardware and the associated software subscriptions used to move data packets across enterprise networks.
DGII
Digi International
$3,075.32 Mn
81.04
-2.76%
+142.20%
Digi International sells enterprise and industrial routers, console servers, and infrastructure management equipment used to move data packets across networks. These products, along with their managed network as a service solutions (Ventus), fit the description of networking hardware and software-defined networking.
NTCT
2nd
Netscout Systems
$2,782.83 Mn
38.94
-0.51%
+72.38%
Netscout sells visibility probes and packet flow systems delivered as hardware appliances that move and analyze data packets across enterprise and service provider networks.
VISN
Vistance Networks
$2,540.70 Mn
11.38
-2.40%
-27.47%
Vistance Networks sells networking hardware and software, including WiFi access points, aggregation switches, and cable modem termination systems. Its products are specifically designed to move data packets across networks for service providers and enterprises.
CALX
Calix
$2,467.56 Mn
39.19
-0.91%
-32.21%
Calix sells networking hardware and software that moves data packets, specifically the Calix Access Edge and Calix Experience Edge solutions. These products form the network and premises layers for communication service providers, including broadband and fiber operators.
ATEN
A10 Networks
$1,925.83 Mn
26.58
-2.78%
+54.53%
A10 Networks provides networking hardware and software for application delivery and traffic management, including server load balancing, global load distribution, and carrier-grade NAT. These products are specifically designed to move data packets and manage traffic across enterprise and service provider networks.
VNET
2nd
Vnet
$1,798.58 Mn
6.58
-16.92%
-15.10%
VNET provides networking and connectivity solutions, including BGP-based connections, MPLS, SD-WAN, and SASE solutions for secure private network extensions.
PRGS
2nd
Progress Software
$1,785.49 Mn
43.22
+0.84%
-5.14%
Progress sells networking hardware and software appliances for load balancing and traffic management, specifically citing 'Progress Kemp LoadMaster'.
HLIT
Harmonic
$1,387.88 Mn
12.73
-5.21%
+40.66%
Harmonic provides broadband access solutions, including the cOS software platform and hardware such as distribution access nodes and optical line termination modules, to cable and telecom operators. These products are specifically designed to move data packets across networks and support DOCSIS and passive optical network services.
RDWR
2nd
Radware
$1,187.67 Mn
28.11
-2.60%
+10.71%
The company sells the Alteon Application Delivery Controller and Load Balancer as a Service, which are networking tools used to move and manage data packets across networks.
GILT
Gilat Satellite Networks
$838.08 Mn
10.88
-3.20%
+25.06%
Gilat develops and manufactures networking hardware including VSAT terminals, modems, antennas, and transceivers used to move data packets across satellite networks. Its primary revenue comes from the sale of these products, such as the SkyEdge platforms, to satellite operators and communication service providers.
ADTN
ADTRAN Holdings
$657.68 Mn
8.10
-6.36%
-8.27%
ADTRAN designs and sells networking hardware and software, including switches, carrier ethernet products, and optical networking solutions for metro optical transport and broadband access. Its core business is providing the hardware and software that moves data packets across networks from the core to the edge.
NTGR
Netgear
$600.39 Mn
22.12
-2.17%
-10.23%
Netgear designs and sells networking hardware including advanced routers, enterprise switches, and WiFi 7 mesh systems. The company provides the hardware and software that moves data packets across networks for both residential and enterprise customers.
ALLT
Allot
$383.88 Mn
7.87
+2.47%
+5.50%
Allot's Network Intelligence Solutions segment, which accounts for 63% of revenue, provides network visibility and traffic management tools like AllotSmart, Smart5G, and SmartTraffic QoE to mobile and fixed service providers. These products are designed to provide network visibility and control, fitting the description of software-defined networking and network management software.
CLFD
Clearfield
$382.77 Mn
28.15
-4.45%
-11.28%
Clearfield designs and manufactures networking hardware used to move data packets, specifically fiber management and delivery solutions like the FieldSmart series and WaveSmart optical components. These products are sold to broadband service providers to enable fiber-to-the-home and 5G backhaul deployments.
OPTU
2nd
Optimum Communications
$369.93 Mn
0.83
-7.78%
-64.38%
Through its Lightpath subsidiary, the company provides fiber-based networking and managed solutions to enterprise customers, hyperscalers, and government entities.
RBBN
Ribbon Communications
$364.69 Mn
2.04
-1.92%
-47.69%
Ribbon Communications sells networking hardware and software, specifically IP routing solutions and optical transport capabilities through its IP Optical Networks segment. The company provides the infrastructure that moves data packets across networks for service providers and enterprises, including customers like Verizon.
GOGO
2nd
Gogo
$355.00 Mn
2.62
-2.96%
-78.20%
The company sells networking hardware including AVANCE platforms, Gogo Galileo Plane Simple terminals, and Satcom Direct routers used to move data packets across aviation networks.
TLS
2nd
Telos
$328.84 Mn
4.40
+0.23%
-22.94%
The Secure Networks segment provides secure networking architectures, including the design, deployment, and defense of wired and wireless voice, data, and video networks.
XPER
2nd
Xperi
$316.84 Mn
6.50
-0.31%
+5.86%
Xperi provides HD Radio technology and the DTS AutoStage infotainment platform, which include the networking and software-defined capabilities required to deliver digital terrestrial broadcast and integrated media to vehicles.
BKTI
BK Technologies
$296.89 Mn
78.79
+2.94%
+21.82%
The company designs and manufactures two-way land mobile radios and related accessories, which are hardware devices used to move data and voice packets across networks for public safety and commercial enterprises.
AVNW
Aviat Networks
$276.06 Mn
21.40
-2.90%
-2.06%
Aviat Networks designs and manufactures wireless transport and access networking solutions, including microwave and millimeter wave radios and routers. These products are specifically used to move data packets across networks for mobile backhaul and broadband connectivity.
AUDC
Audiocodes
$265.75 Mn
9.81
-3.25%
-0.10%
AudioCodes sells networking hardware and software that moves data packets across networks, specifically session border controllers and media gateways. These products are core to their voice networking infrastructure and devices segment.
SILC
Silicom
$262.28 Mn
45.91
-5.63%
+193.54%
Silicom designs and sells high-performance networking hardware, including white label switches, server adapters, and edge customer premises equipment used for SD-WAN and SASE. Its core business is providing the hardware and software-defined networking infrastructure that moves data packets across networks for cloud players and service providers.
LTRX
Lantronix
$250.05 Mn
6.28
-5.56%
+83.09%
Lantronix sells IoT System Solutions including routers, switches, gateways, and media converters that provide network routing and protocol conversion. These products are used to deliver secure network connectivity for industrial and commercial applications.
CRNT
Ceragon Networks
$192.60 Mn
2.11
-3.21%
+9.33%
Ceragon designs and sells microwave and millimeter wave radios and related software used for backhaul and fronthaul transport functions. These products move data packets between network sites for mobile network operators and private network customers.
KORE
KORE Group Holdings
$162.68 Mn
9.25
+0.00%
+250.38%
KORE provides IoT connectivity services and a platform (KORE One) for provisioning, monitoring, and lifecycle management of mobile and fixed devices. Its primary revenue comes from connectivity services sold on a per-subscriber basis, leveraging carrier integrations and roaming agreements to move data across networks.
KVHI
2nd
Kvh Industries Inc \De\
$151.84 Mn
7.87
-3.44%
+44.67%
The company sells hardware consisting of marine satellite antennas and related equipment, as well as providing network and bandwidth management services.
TCX
2nd
Tucows
$114.18 Mn
10.23
-5.10%
-44.61%
The Wavelo segment sells cloud-based software platforms for network orchestration and billing management, such as the Mobile Network Operating System, specifically to communication service providers like EchoStar.
FATN
Fatpipe
$85.88 Mn
6.08
+0.16%
-2.25%
FatPipe sells SD-WAN and SASE solutions, which are specifically described in the taxonomy for T-13 as software-defined networking and network management software that moves data packets across networks. The company generates primary revenue from subscriptions to these SD-WAN and network monitoring services.
INSG
Inseego
$71.02 Mn
4.33
-5.04%
-50.85%
Inseego designs and sells networking hardware including 5G/4G MiFi hotspots and Wavemaker fixed wireless access routers and gateways. The company also provides SD-WAN failover management and cloud tools for WAN visibility and orchestration, which fits the description of networking equipment and software-defined networking.
AIRG
Airgain
$70.75 Mn
5.41
+0.00%
+19.43%
Airgain designs and sells networking hardware including smart network controlled cellular repeaters, embedded cellular modems, and 5G vehicle gateways. These products, along with the associated network management software, are used to move data packets across wireless networks for enterprise, automotive, and consumer customers.
CMTL
Comtech Telecommunications
$52.43 Mn
1.75
+4.79%
-12.94%
Comtech designs and manufactures networking hardware and software that moves data packets, specifically satellite modems, high-power amplifiers, and troposcatter systems for secure communications. Its products facilitate the transmission of voice, video, and data across various satellite constellations and long-distance wireless links.
NTIP
2nd
Network-1 Technologies
$34.75 Mn
1.52
-0.65%
+10.95%
The company holds and monetizes patents specifically addressing machine-to-machine (M2M) communications and smart home interoperability, which are core components of networking equipment and connectivity infrastructure.
FKWL
Franklin Wireless
$28.52 Mn
2.42
+2.11%
-39.65%
Franklin Wireless designs and sells networking hardware including fixed wireless routers and machine-to-machine gateways used to move data packets across networks. These products are sold to wireless operators and distributors to provide broadband connectivity.
UTSI
Utstarcom Holdings
$21.96 Mn
2.39
-1.65%
-0.42%
Utstarcom designs and sells networking hardware including Converged Packet Transport platforms, disaggregated router systems, and Next-Generation Packet Transport Network equipment. It also provides Software Defined Networking (SDN) controllers and synchronization products for LTE and 5G networks, which are core components of networking infrastructure.
WYTC
Wytec International
$21.15 Mn
1.25
+10.62%
-32.07%
Wytec designs and develops wide area networks and the LPN 16 small cell device, which incorporates micro radios and network connectors to support 5G and private LTE deployments. The company sells these networking hardware and software solutions to school districts, government agencies, and commercial enterprises for cellular enhancement and connectivity.
NIXX
Nixxy
$18.82 Mn
0.70
-1.41%
-55.70%
Nixxy operates AuraLink AI Inc., which provides wholesale SMS messaging, billing systems, and network analytics for telecommunications carriers and operators. These products are designed to move data packets and manage communication networks, fitting the description of networking equipment and software.
EBON
2nd
Ebang International Holdings
$12.62 Mn
2.01
+0.50%
-50.37%
The company sells fiber optic access devices, MPLS, MSAP, and WDM DCI products, as well as GPON FTTR terminals to major telecom carriers in China.
IOTR
iOThree
$12.31 Mn
2.53
-4.89%
-46.85%
iOThree designs, installs, and manages shipboard communication networks, providing integrated satellite connectivity (L band, VSAT, LEO Starlink) and networking hardware such as antennas and modems. Its primary revenue comes from these connectivity services and the sale or lease of the networking equipment used to move data packets across maritime networks.
DTST
Data Storage
$9.47 Mn
3.05
+1.33%
-32.82%
The company's core revenue is generated through Nexxis, which provides SDWAN communication solutions, data transport, and managed WAN infrastructure. These products are specifically designed to move data packets across networks for enterprise customers.
VEEA
Veea
$7.99 Mn
0.14
+7.69%
-75.44%
Veea sells the VeeaHub, which integrates WiFi access points, routers, firewalls, and cellular modules to move data packets across networks. Its revenue is derived from selling this networking hardware and the VeeaCloud software stack that manages it for service providers and enterprises.
LZMH
2nd
LZ Technology Holdings
$7.72 Mn
1.14
+1.79%
-98.32%
The company sells intelligent access control devices and hardware, including access control monitors and safety management systems, to property developers and management companies.
PCLA
PicoCELA
$5.87 Mn
6.40
-10.36%
-57.33%
PicoCELA designs and sells PCWL series mesh WiFi access point devices and proprietary PBE wireless mesh software used to build enterprise networks. Its primary revenue comes from these networking hardware sales, which account for approximately 80% of its total revenue.
CMBMF
Cambium Networks
$4.64 Mn
0.16
-5.88%
-76.81%
Cambium Networks designs and manufactures networking hardware including fixed wireless radios, Ethernet switches, and Wi-Fi access points. Its core business is providing the hardware and software-defined networking (SD-WAN) that moves data packets across enterprise and service provider networks.
CLRI
2nd
Cleartronic
$2.29 Mn
0.01
+0.00%
+0.00%
The company sells AudioMate IP gateway hardware, which provides radio interoperability allowing disparate communication systems to work together, fitting the description of networking equipment that moves data packets across networks.
ASNS
Actelis Networks
$1.03 Mn
0.04
+0.00%
-99.18%
Actelis sells networking hardware including hybrid fiber aggregation switches and high density Ethernet devices used for wide area applications. Its core business is providing the hardware and management software that moves data packets across networks for government, utility, and rail customers.
CHAI
2nd
Core AI Holdings
$0.84 Mn
0.27
-3.57%
—
The company sells in-vehicle communication solutions, such as the VK7 Vehicle Kit and UV350, which provide networking and communication hardware for commercial and first responder fleets.
GTCH
GBT Technologies
$0.00 Mn
0.00
—
—
GBT Technologies develops and licenses wireless mesh network platforms and fixed solutions designed to improve the efficiency and coverage of networks operated by telecom carriers, enterprises, and government agencies. These products specifically target the movement of data packets across LAN, MAN, and WAN networks.