Blackbaud BLKB Peer Comparison

NASDAQ BLKB
$47.10 -1.36 (-2.81%)
At close: Sep 4, 2026 · 4:00 PM EDT
Peer Comparison

300 Comparable Companies

Industry CRM and Sales Software

Blackbaud Inc (BLKB) is the 141st largest of 300 CRM and Sales Software companies by market capitalisation, at 2.14 Bn, behind Stagwell Inc at 2.14 Bn. It trades on a P/E of 13.99, 38% below the peer median of 22.62. The table below compares all 300 on 8 financial metrics.

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# Ticker Company match industry_code industry_group industry_group_code Market Capitalization P/E P/S Enterprise Value
1 CRM Salesforce, Inc. primary T-16 Business Applications TG-03 213.40 Bn 0.00 Bn 4.86 201.99 Bn
2 HUBS Hubspot Inc primary T-16 Business Applications TG-03 12.30 Bn 0.00 Bn 3.57 10.96 Bn
3 FRSH Freshworks Inc. primary T-16 Business Applications TG-03 3.35 Bn 0.00 Bn 3.70 2.68 Bn
4 INTA Intapp, Inc. primary T-16 Business Applications TG-03 3.19 Bn 0.00 Bn 5.52 3.03 Bn
5 BLKB Blackbaud Inc primary T-16 Business Applications TG-03 2.14 Bn 0.00 Bn 1.87 1.30 Bn
6 CXM Sprinklr, Inc. primary T-16 Business Applications TG-03 1.40 Bn 0.00 Bn 1.61 1.17 Bn
7 GTM ZoomInfo Technologies Inc. primary T-16 Business Applications TG-03 1.21 Bn 0.00 Bn 0.96 1.05 Bn
8 THRY Thryv Holdings, Inc. primary T-16 Business Applications TG-03 0.09 Bn 0.00 Bn 0.13 0.08 Bn
9 HPAI Helport AI Ltd primary T-16 Business Applications TG-03 0.02 Bn — — 0.02 Bn
10 YAAS Youxin Technology Ltd primary T-16 Business Applications TG-03 0.00 Bn — — 0.00 Bn
11 LDXC Londax Corp. primary T-16 Business Applications TG-03 0.00 Bn 0.00 Bn 168.03 0.00 Bn
12 AAPL Apple Inc. secondary T-08 Computer Hardware TG-02 4,674.43 Bn 0.00 Bn 10.01 4,612.03 Bn
13 MA Mastercard Inc secondary F-25 Payments FG-07 504.27 Bn 0.00 Bn 14.37 490.78 Bn
14 ORCL Oracle Corp secondary T-19 Business Applications TG-03 457.43 Bn 0.00 Bn 6.79 426.08 Bn
15 LRCX Lam Research Corp secondary T-03 Semiconductors TG-01 384.96 Bn 0.00 Bn 16.57 379.38 Bn
16 DELL Dell Technologies Inc. secondary T-12 Computer Hardware TG-02 340.03 Bn 0.00 Bn 2.54 328.45 Bn
17 PANW Palo Alto Networks Inc secondary T-38 Infrastructure Software TG-06 270.94 Bn 0.00 Bn 25.54 267.83 Bn
18 SAP Sap Se secondary T-19 Business Applications TG-03 264.23 Bn 0.00 Bn 5.93 243.15 Bn
19 IBM International Business Machines Corp secondary T-43 Cloud Computing TG-07 221.25 Bn 0.00 Bn 3.20 209.98 Bn
20 AXP American Express Co secondary F-02 Banking FG-01 220.11 Bn 0.00 Bn 2.90 170.79 Bn
21 CRWD CrowdStrike Holdings, Inc. secondary T-38 Infrastructure Software TG-06 218.20 Bn 0.00 Bn 40.44 213.22 Bn
22 SHOP Shopify Inc. secondary T-52 Internet Platforms TG-08 187.92 Bn 0.00 Bn 14.16 182.98 Bn
23 NOW ServiceNow, Inc. secondary T-20 Business Applications TG-03 146.07 Bn 0.00 Bn 9.92 141.41 Bn
24 BKNG Booking Holdings Inc. secondary T-51 Internet Platforms TG-08 145.23 Bn 0.00 Bn 5.14 128.02 Bn
25 ACN Accenture plc secondary I-26 Business Services IG-06 124.62 Bn 0.00 Bn 1.70 115.58 Bn
26 MELI Mercadolibre Inc secondary T-51 Internet Platforms TG-08 100.30 Bn 0.00 Bn 2.85 85.10 Bn
27 GD General Dynamics Corp secondary I-02 Aerospace and Defense IG-01 97.24 Bn 0.00 Bn 1.77 92.90 Bn
28 INTU Intuit Inc. secondary T-18 Business Applications TG-03 91.01 Bn 0.00 Bn 4.35 84.23 Bn
29 CDNS Cadence Design Systems Inc secondary T-05 Semiconductors TG-01 80.61 Bn 0.00 Bn 13.81 79.17 Bn
30 NTES NetEase, Inc. secondary T-49 Internet Platforms TG-08 76.16 Bn 0.00 Bn 4.56 66.02 Bn
31 NU Nu Holdings Ltd. secondary F-02 Banking FG-01 74.23 Bn 0.00 Bn 3.84 60.55 Bn
32 HPE Hewlett Packard Enterprise Co secondary T-12 Computer Hardware TG-02 69.08 Bn 0.00 Bn 1.65 62.86 Bn
33 NBIS Nebius Group N.V. secondary T-43 Cloud Computing TG-07 57.28 Bn 0.00 Bn 42.27 49.24 Bn
34 BMNP Bitmine Immersion Technologies, Inc. secondary T-59 Fintech TG-09 56.87 Bn 0.00 Bn 929.33 56.53 Bn
35 XYZ Block, Inc. secondary T-54 Fintech TG-09 49.71 Bn 0.00 Bn 1.98 43.24 Bn
36 ROK Rockwell Automation, Inc secondary I-04 Machinery IG-02 48.18 Bn 0.00 Bn 5.37 47.71 Bn
37 PYPL PayPal Holdings, Inc. secondary T-54 Fintech TG-09 47.38 Bn 0.00 Bn 1.39 36.12 Bn
38 INFY Infosys Ltd secondary T-63 Technology Services TG-11 47.37 Bn 0.00 Bn 2.33 47.42 Bn
39 EBAY Ebay Inc secondary T-51 Internet Platforms TG-08 46.02 Bn 0.00 Bn 3.83 42.71 Bn
40 CIEN Ciena Corp secondary T-13 Computer Hardware TG-02 45.56 Bn 0.00 Bn 7.57 42.93 Bn
41 VEEV Veeva Systems Inc secondary T-27 Vertical Software TG-05 44.53 Bn 0.00 Bn 12.88 37.29 Bn
42 ROP Roper Technologies Inc secondary T-19 Business Applications TG-03 40.28 Bn 0.00 Bn 4.86 39.92 Bn
43 NTAP NetApp, Inc. secondary T-12 Computer Hardware TG-02 36.45 Bn 0.00 Bn 4.93 32.88 Bn
44 ERIC Ericsson Lm Telephone Co secondary T-13 Computer Hardware TG-02 34.05 Bn 0.00 Bn 1.40 14.63 Bn
45 MDB MongoDB, Inc. secondary T-36 Infrastructure Software TG-06 29.70 Bn 0.00 Bn 10.67 27.29 Bn
46 ZM Zoom Communications, Inc. secondary T-26 Workplace Software TG-04 29.62 Bn 0.00 Bn 5.96 22.37 Bn
47 FISV Fiserv Inc secondary T-54 Fintech TG-09 28.18 Bn 0.00 Bn 1.35 27.58 Bn
48 CTSH Cognizant Technology Solutions Corp secondary T-63 Technology Services TG-11 28.16 Bn 0.00 Bn 1.30 27.11 Bn
49 CPNG Coupang, Inc. secondary D-32 Retail DG-10 27.38 Bn 0.00 Bn 0.77 21.27 Bn
50 CPAY Corpay, Inc. secondary T-54 Fintech TG-09 27.33 Bn 0.00 Bn 5.44 20.64 Bn
51 SMCI Super Micro Computer, Inc. secondary T-12 Computer Hardware TG-02 26.01 Bn 0.00 Bn 0.67 18.48 Bn
52 GPN Global Payments Inc secondary T-54 Fintech TG-09 24.60 Bn 0.00 Bn 2.40 19.84 Bn
53 AFRM Affirm Holdings, Inc. secondary F-04 Lending and Credit FG-02 24.39 Bn 0.00 Bn 5.72 22.76 Bn
54 SOFI SoFi Technologies, Inc. secondary F-02 Banking FG-01 23.51 Bn 0.00 Bn 5.46 20.38 Bn
55 FFIV F5, Inc. secondary T-38 Infrastructure Software TG-06 22.19 Bn 0.00 Bn 6.70 20.58 Bn
56 FIS Fidelity National Information Services, Inc. secondary T-19 Business Applications TG-03 21.61 Bn 0.00 Bn 1.77 20.87 Bn
57 KSPI Joint Stock Co Kaspi.kz secondary F-02 Banking FG-01 20.46 Bn 0.00 Bn 0.00 -886.77 Bn
58 TOST Toast, Inc. secondary T-31 Vertical Software TG-05 19.59 Bn 0.00 Bn 2.88 17.88 Bn
59 CDW CDW Corp secondary T-64 Technology Services TG-11 19.09 Bn 0.00 Bn 0.81 18.73 Bn
60 VIV Telefonica Brasil S.A. secondary C-01 Telecommunications CG-01 18.63 Bn 0.00 Bn 1.59 16.94 Bn
61 NTNX Nutanix, Inc. secondary T-43 Cloud Computing TG-07 18.40 Bn 0.00 Bn 6.69 16.38 Bn
62 TYL Tyler Technologies Inc secondary T-19 Business Applications TG-03 17.53 Bn 0.00 Bn 7.22 16.56 Bn
63 J Jacobs Solutions Inc. secondary I-15 Construction Services IG-04 17.11 Bn 0.00 Bn 1.20 15.93 Bn
64 WSE Wise Group plc secondary F-26 Payments FG-07 15.78 Bn 0.00 Bn 5.40 15.78 Bn
65 TU Telus Corp secondary C-01 Telecommunications CG-01 14.98 Bn 0.00 Bn 0.68 14.45 Bn
66 DUOL Duolingo, Inc. secondary T-28 Vertical Software TG-05 14.45 Bn 0.00 Bn 12.62 13.13 Bn
67 GIB Cgi Inc secondary T-63 Technology Services TG-11 14.44 Bn 0.00 Bn 1.61 13.86 Bn
68 GRAB Grab Holdings Ltd secondary T-53 Internet Platforms TG-08 14.00 Bn 0.00 Bn 2.63 10.27 Bn
69 CACI Caci International Inc /De/ secondary I-02 Aerospace and Defense IG-01 13.78 Bn 0.00 Bn 1.44 13.58 Bn
70 GWRE Guidewire Software, Inc. secondary T-55 Fintech TG-09 13.52 Bn 0.00 Bn 9.51 12.77 Bn
71 GDDY GoDaddy Inc. secondary T-46 Cloud Computing TG-07 12.84 Bn 0.00 Bn 2.52 11.66 Bn
72 CHYM Chime Financial, Inc. secondary T-57 Fintech TG-09 12.78 Bn 0.00 Bn 5.20 11.72 Bn
73 JKHY Jack Henry & Associates Inc secondary T-57 Fintech TG-09 11.61 Bn 0.00 Bn 4.56 11.60 Bn
74 PAYP PayPay Corp secondary F-02 Banking FG-01 11.54 Bn 0.00 Bn 7.22 11.76 Bn
75 HII Huntington Ingalls Industries, Inc. secondary I-02 Aerospace and Defense IG-01 11.27 Bn 0.00 Bn 0.85 11.26 Bn
76 ARW Arrow Electronics, Inc. secondary T-64 Technology Services TG-11 11.00 Bn 0.00 Bn 0.31 10.83 Bn
77 BSY Bentley Systems Inc secondary T-30 Vertical Software TG-05 10.17 Bn 0.00 Bn 6.35 10.03 Bn
78 KLAR Klarna Group plc secondary F-02 Banking FG-01 10.16 Bn 1.07 Bn 10.04 7.53 Bn
79 PCOR Procore Technologies, Inc. secondary T-30 Vertical Software TG-05 8.81 Bn 0.00 Bn 6.19 8.15 Bn
80 BAH Booz Allen Hamilton Holding Corp secondary I-26 Business Services IG-06 8.76 Bn 0.00 Bn 0.79 8.22 Bn
81 PCTY Paylocity Holding Corp secondary T-21 Business Applications TG-03 8.11 Bn 0.00 Bn 4.58 7.84 Bn
82 HQY Healthequity, Inc. secondary F-21 Capital Markets FG-05 7.97 Bn 0.00 Bn 5.85 7.71 Bn
83 APPF Appfolio Inc secondary T-29 Vertical Software TG-05 7.58 Bn 0.00 Bn 7.29 7.36 Bn
84 AVT Avnet Inc secondary T-64 Technology Services TG-11 7.56 Bn 0.00 Bn 0.27 7.40 Bn
85 CWAN Clearwater Analytics Holdings, Inc. secondary T-18 Business Applications TG-03 7.30 Bn 0.00 Bn 8.84 7.22 Bn
86 TTAN ServiceTitan, Inc. secondary T-30 Vertical Software TG-05 7.27 Bn 0.00 Bn 7.17 6.85 Bn
87 FOUR Shift4 Payments, Inc. secondary T-54 Fintech TG-09 7.14 Bn 0.00 Bn 1.49 6.90 Bn
88 NAVN Navan, Inc. secondary T-18 Business Applications TG-03 7.02 Bn 0.00 Bn 9.35 6.34 Bn
89 INGM Ingram Micro Holding Corp secondary T-64 Technology Services TG-11 6.79 Bn 0.00 Bn 0.12 5.98 Bn
90 DOX Amdocs Ltd secondary T-13 Computer Hardware TG-02 6.75 Bn 0.00 Bn 1.45 6.58 Bn
91 WEX WEX Inc. secondary T-54 Fintech TG-09 6.65 Bn 0.00 Bn 2.38 0.55 Bn
92 G Genpact LTD secondary I-26 Business Services IG-06 6.27 Bn 0.00 Bn 1.19 5.75 Bn
93 QBTS D-Wave Quantum Inc. secondary T-42 Infrastructure Software TG-06 6.17 Bn 0.00 Bn 496.41 6.17 Bn
94 RNG RingCentral, Inc. secondary T-26 Workplace Software TG-04 6.14 Bn 0.00 Bn 2.38 6.03 Bn
95 EPAM EPAM Systems, Inc. secondary T-63 Technology Services TG-11 6.04 Bn 0.00 Bn 1.08 5.25 Bn
96 EXLS ExlService Holdings, Inc. secondary T-63 Technology Services TG-11 5.56 Bn 0.00 Bn 2.48 5.27 Bn
97 KVYO Klaviyo, Inc. secondary T-17 Business Applications TG-03 5.52 Bn 0.00 Bn 3.97 4.69 Bn
98 ACIW Aci Worldwide, Inc. secondary T-54 Fintech TG-09 5.36 Bn 0.00 Bn 2.94 5.19 Bn
99 SAIC Science Applications International Corp secondary T-63 Technology Services TG-11 5.32 Bn 0.00 Bn 0.72 5.20 Bn
100 PSN Parsons Corp secondary I-02 Aerospace and Defense IG-01 5.09 Bn 0.00 Bn 0.81 4.94 Bn
101 RGTI Rigetti Computing, Inc. secondary T-42 Infrastructure Software TG-06 5.07 Bn 0.00 Bn 379.83 5.07 Bn
102 AMTM Amentum Holdings, Inc. secondary I-02 Aerospace and Defense IG-01 4.90 Bn 0.00 Bn 0.35 4.54 Bn
103 WAY Waystar Holding Corp. secondary T-27 Vertical Software TG-05 4.81 Bn 0.00 Bn 3.99 4.62 Bn
104 NSIT Insight Enterprises Inc secondary T-64 Technology Services TG-11 4.75 Bn 0.00 Bn 0.55 4.39 Bn
105 VEON VEON Ltd. secondary C-01 Telecommunications CG-01 4.75 Bn 0.00 Bn 0.84 2.47 Bn
106 MOGU MOGU Inc. secondary T-51 Internet Platforms TG-08 4.71 Bn 0.00 Bn 136.71 4.67 Bn
107 NNI Nelnet Inc secondary F-01 Banking FG-01 4.58 Bn 0.00 Bn 8.31 4.28 Bn
108 DLO dLocal Ltd secondary T-54 Fintech TG-09 4.58 Bn 0.00 Bn 3.38 3.70 Bn
109 PAY Paymentus Holdings, Inc. secondary T-54 Fintech TG-09 4.56 Bn 0.00 Bn 3.35 4.18 Bn
110 VNT Vontier Corp secondary I-08 Machinery IG-02 4.54 Bn 0.00 Bn 1.48 4.28 Bn
111 BILL BILL Holdings, Inc. secondary T-18 Business Applications TG-03 4.52 Bn 0.00 Bn 2.74 2.59 Bn
112 CCC CCC Intelligent Solutions Holdings Inc. secondary T-27 Vertical Software TG-05 4.41 Bn 0.00 Bn 3.97 4.30 Bn
113 DAVE Dave Inc./DE secondary T-57 Fintech TG-09 4.36 Bn 0.00 Bn 6.77 4.10 Bn
114 WIX Wix.com Ltd. secondary T-46 Cloud Computing TG-07 4.19 Bn 0.00 Bn — 3.59 Bn
115 WK Workiva Inc secondary T-22 Business Applications TG-03 4.15 Bn 0.00 Bn 4.29 3.33 Bn
116 SEZL Sezzle Inc. secondary T-54 Fintech TG-09 4.06 Bn 0.00 Bn 7.63 3.98 Bn
117 LOPE Grand Canyon Education, Inc. secondary I-26 Business Services IG-06 4.01 Bn 0.00 Bn 3.51 3.73 Bn
118 TENB Tenable Holdings, Inc. secondary T-38 Infrastructure Software TG-06 3.77 Bn 0.00 Bn 3.61 3.47 Bn
119 DAO Youdao, Inc. secondary T-28 Vertical Software TG-05 3.62 Bn 0.00 Bn 4.19 3.50 Bn
120 LRN Stride, Inc. secondary D-28 Consumer Services DG-09 3.51 Bn 0.00 Bn 1.39 2.55 Bn
121 NATL NCR Atleos Corp secondary T-54 Fintech TG-09 3.40 Bn 0.00 Bn 0.77 2.81 Bn
122 KC Kingsoft Cloud Holdings Ltd secondary T-43 Cloud Computing TG-07 3.27 Bn 0.00 Bn 2.06 2.57 Bn
123 KYIV Kyivstar Group Ltd. secondary C-01 Telecommunications CG-01 3.26 Bn 0.00 Bn 2.17 2.89 Bn
124 STNE StoneCo Ltd. secondary F-04 Lending and Credit FG-02 3.18 Bn 0.00 Bn 1.16 1.56 Bn
125 AGYS Agilysys Inc secondary T-31 Vertical Software TG-05 3.14 Bn 0.00 Bn 9.51 3.02 Bn
126 MMS Maximus, Inc. secondary I-26 Business Services IG-06 3.02 Bn 0.00 Bn 0.58 2.96 Bn
127 KD Kyndryl Holdings, Inc. secondary T-63 Technology Services TG-11 2.86 Bn 0.00 Bn 0.19 0.85 Bn
128 EXTR Extreme Networks Inc secondary T-13 Computer Hardware TG-02 2.85 Bn 0.00 Bn 2.22 2.64 Bn
129 EEFT Euronet Worldwide, Inc. secondary T-54 Fintech TG-09 2.76 Bn 0.00 Bn 0.63 1.58 Bn
130 APPN Appian Corp secondary T-20 Business Applications TG-03 2.75 Bn 0.00 Bn 3.46 2.59 Bn
131 PENG Penguin Solutions, Inc. secondary T-12 Computer Hardware TG-02 2.65 Bn 0.00 Bn 1.76 2.41 Bn
132 TDC Teradata Corp /De/ secondary T-36 Infrastructure Software TG-06 2.61 Bn 0.00 Bn 1.54 2.19 Bn
133 BUSE First Busey Corp /Nv/ secondary F-01 Banking FG-01 2.55 Bn 0.00 Bn 34.17 1.87 Bn
134 ATHM Autohome Inc. secondary T-51 Internet Platforms TG-08 2.55 Bn 0.00 Bn 3.23 -0.27 Bn
135 MH McGraw Hill, Inc. secondary C-07 Advertising and Media CG-02 2.55 Bn 0.00 Bn 1.20 2.35 Bn
136 STUB StubHub Holdings, Inc. secondary T-51 Internet Platforms TG-08 2.51 Bn 0.00 Bn 1.30 0.82 Bn
137 FIVN Five9, Inc. secondary T-26 Workplace Software TG-04 2.49 Bn 0.00 Bn 2.07 1.83 Bn
138 HURN Huron Consulting Group Inc. secondary I-26 Business Services IG-06 2.47 Bn 0.00 Bn 1.76 2.44 Bn
139 WLY John Wiley & Sons, Inc. secondary C-07 Advertising and Media CG-02 2.45 Bn 0.00 Bn 1.47 2.34 Bn
140 PAYO Payoneer Global Inc. secondary T-54 Fintech TG-09 2.43 Bn 0.00 Bn 2.25 2.08 Bn
141 PLUS Eplus Inc secondary T-64 Technology Services TG-11 2.41 Bn 0.00 Bn 0.96 1.96 Bn
142 DBD DIEBOLD NIXDORF, Inc secondary T-31 Vertical Software TG-05 2.34 Bn 0.00 Bn 0.60 2.06 Bn
143 VIA Via Transportation, Inc. secondary T-32 Vertical Software TG-05 2.29 Bn 0.00 Bn 4.66 1.96 Bn
144 CALX Calix, Inc secondary T-13 Computer Hardware TG-02 2.26 Bn 0.00 Bn 2.04 2.07 Bn
145 FLYW Flywire Corp secondary T-54 Fintech TG-09 2.26 Bn 0.00 Bn 3.16 1.96 Bn
146 VERX Vertex, Inc. secondary T-22 Business Applications TG-03 2.22 Bn 0.00 Bn 2.82 1.99 Bn
147 STGW Stagwell Inc secondary C-04 Advertising and Media CG-02 2.14 Bn 0.00 Bn 0.71 2.05 Bn
148 CNXN Pc Connection Inc secondary T-64 Technology Services TG-11 2.13 Bn 0.00 Bn 0.71 1.79 Bn
149 BRSL Brightstar Lottery PLC secondary T-19 Business Applications TG-03 2.11 Bn 0.00 Bn 0.85 2.72 Bn
150 FORTY Formula Systems (1985) Ltd secondary T-63 Technology Services TG-11 1.98 Bn 0.00 Bn 0.68 1.56 Bn
151 CNXC Concentrix Corp secondary I-26 Business Services IG-06 1.96 Bn 0.00 Bn 0.20 1.70 Bn
152 NYAX Nayax Ltd. secondary T-54 Fintech TG-09 1.92 Bn 0.00 Bn 4.23 1.61 Bn
153 INOD Innodata Inc secondary T-63 Technology Services TG-11 1.91 Bn 0.00 Bn 6.03 1.66 Bn
154 BL Blackline, Inc. secondary T-18 Business Applications TG-03 1.91 Bn 0.00 Bn 2.61 1.41 Bn
155 DXC DXC Technology Co secondary T-63 Technology Services TG-11 1.86 Bn 0.00 Bn 0.15 0.14 Bn
156 EVTC EVERTEC, Inc. secondary T-54 Fintech TG-09 1.81 Bn 0.00 Bn 1.82 1.63 Bn
157 STRA Strategic Education, Inc. secondary D-28 Consumer Services DG-09 1.81 Bn 0.00 Bn 1.41 1.68 Bn
158 MQ Marqeta, Inc. secondary T-54 Fintech TG-09 1.73 Bn 0.00 Bn 2.55 1.03 Bn
159 GLOB Globant S.A. secondary T-63 Technology Services TG-11 1.72 Bn 0.00 Bn 0.70 1.60 Bn
160 TFIN Triumph Financial, Inc. secondary F-01 Banking FG-01 1.66 Bn 0.00 Bn 29.15 0.76 Bn
161 WB WEIBO Corp secondary T-47 Internet Platforms TG-08 1.65 Bn 0.00 Bn 0.92 -0.93 Bn
162 FMC Fmc Corp secondary M-05 Chemicals MG-01 1.62 Bn 0.00 Bn 0.50 1.17 Bn
163 COUR Coursera, Inc. secondary T-28 Vertical Software TG-05 1.59 Bn 0.00 Bn 1.79 0.60 Bn
164 AI C3.ai, Inc. secondary T-40 Infrastructure Software TG-06 1.47 Bn 0.00 Bn 5.87 0.89 Bn
165 LSPD Lightspeed Commerce Inc. secondary T-31 Vertical Software TG-05 1.45 Bn 0.00 Bn 1.16 1.08 Bn
166 VISN Vistance Networks, Inc. secondary T-13 Computer Hardware TG-02 1.43 Bn 0.00 Bn 6.42 1.32 Bn
167 BAND Bandwidth Inc. secondary T-26 Workplace Software TG-04 1.35 Bn 0.00 Bn 1.63 1.17 Bn
168 EFOR Everforth Inc secondary T-63 Technology Services TG-11 1.33 Bn 0.00 Bn 0.34 1.18 Bn
169 CLVT Clarivate Plc secondary T-22 Business Applications TG-03 1.33 Bn 0.00 Bn 0.55 1.11 Bn
170 HLIT Harmonic Inc. secondary T-13 Computer Hardware TG-02 1.28 Bn 0.00 Bn 3.73 1.05 Bn
171 MGRT Mega Fortune Co Ltd secondary T-63 Technology Services TG-11 1.27 Bn 0.00 Bn 114.82 1.27 Bn
172 VYX NCR Voyix Corp secondary T-31 Vertical Software TG-05 1.26 Bn 0.00 Bn 0.50 1.01 Bn
173 RDWR Radware Ltd secondary T-38 Infrastructure Software TG-06 1.22 Bn 0.00 Bn 3.84 1.15 Bn
174 CERT Certara, Inc. secondary T-27 Vertical Software TG-05 1.21 Bn 0.00 Bn 2.96 1.03 Bn
175 SCSC Scansource, Inc. secondary T-64 Technology Services TG-11 1.18 Bn 0.00 Bn 0.37 1.09 Bn
176 TC Token Cat Ltd secondary I-26 Business Services IG-06 1.12 Bn 0.00 Bn 1,323.66 1.12 Bn
177 DLX Deluxe Corp secondary T-54 Fintech TG-09 1.11 Bn 0.00 Bn 0.53 1.08 Bn
178 QFIN Qfin Holdings, Inc. secondary T-56 Fintech TG-09 1.10 Bn 0.00 Bn 0.46 0.11 Bn
179 ESQ Esquire Financial Holdings, Inc. secondary F-01 Banking FG-01 1.03 Bn 0.00 Bn 6.45 0.79 Bn
180 LZ Legalzoom.Com, Inc. secondary T-22 Business Applications TG-03 1.03 Bn 0.00 Bn 1.30 0.86 Bn
181 JMIA Jumia Technologies AG secondary T-51 Internet Platforms TG-08 0.90 Bn 0.00 Bn 4.30 0.85 Bn
182 SABR Sabre Corp secondary T-51 Internet Platforms TG-08 0.86 Bn 0.00 Bn 0.30 0.18 Bn
183 TDTH Trident Digital Tech Holdings Ltd secondary T-63 Technology Services TG-11 0.86 Bn 0.00 Bn 5,321.18 0.86 Bn
184 HSTM Healthstream Inc secondary T-27 Vertical Software TG-05 0.85 Bn 0.00 Bn 2.66 0.79 Bn
185 PAR Par Technology Corp secondary T-31 Vertical Software TG-05 0.82 Bn 0.00 Bn 1.65 0.74 Bn
186 RXT Rackspace Technology, Inc. secondary T-63 Technology Services TG-11 0.80 Bn 0.00 Bn 0.30 0.69 Bn
187 GDOT Green Dot Corp secondary F-02 Banking FG-01 0.76 Bn 0.00 Bn 0.33 -0.38 Bn
188 PAYS Paysign, Inc. secondary T-54 Fintech TG-09 0.76 Bn 0.00 Bn 7.55 0.58 Bn
189 RPD Rapid7, Inc. secondary T-38 Infrastructure Software TG-06 0.74 Bn 0.00 Bn 0.87 0.04 Bn
190 POET Poet Technologies Inc. secondary T-01 Semiconductors TG-01 0.74 Bn 0.00 Bn 0.00 -0.06 Bn
191 CASS Cass Information Systems Inc secondary T-54 Fintech TG-09 0.71 Bn 0.00 Bn 3.59 0.30 Bn
192 DCBO Docebo Inc. secondary T-28 Vertical Software TG-05 0.71 Bn 0.00 Bn 2.75 0.67 Bn
193 ALOY Realloys Inc. secondary T-23 Business Applications TG-03 0.69 Bn 0.00 Bn 245.01 0.69 Bn
194 PHR Phreesia, Inc. secondary T-27 Vertical Software TG-05 0.68 Bn 0.00 Bn 1.33 0.68 Bn
195 GDYN Grid Dynamics Holdings, Inc. secondary T-63 Technology Services TG-11 0.65 Bn 0.00 Bn 1.55 0.36 Bn
196 NAAS NaaS Technology Inc. secondary I-45 Clean Energy Equipment IG-10 0.65 Bn 0.00 Bn 35.39 0.65 Bn
197 YB Yuanbao Inc. secondary T-55 Fintech TG-09 0.63 Bn 0.00 Bn 0.94 -0.01 Bn
198 VRRM VERRA MOBILITY Corp secondary T-32 Vertical Software TG-05 0.62 Bn 0.00 Bn 0.61 0.56 Bn
199 TCGLF TechCreate Group Ltd. secondary T-63 Technology Services TG-11 0.61 Bn 0.00 Bn 166.49 0.60 Bn
200 WEAV Weave Communications, Inc. secondary T-27 Vertical Software TG-05 0.58 Bn 0.00 Bn 2.27 0.54 Bn
201 ADTN ADTRAN Holdings, Inc. secondary T-13 Computer Hardware TG-02 0.58 Bn — — 0.86 Bn
202 CLMB Climb Global Solutions, Inc. secondary T-64 Technology Services TG-11 0.54 Bn 0.00 Bn 0.76 0.49 Bn
203 QMCO Quantum Corp /De/ secondary T-12 Computer Hardware TG-02 0.54 Bn 0.00 Bn 1.84 0.49 Bn
204 CINT CI&T Inc secondary T-63 Technology Services TG-11 0.49 Bn 0.00 Bn 0.91 0.44 Bn
205 OWLS Obook Holdings Inc. secondary T-54 Fintech TG-09 0.48 Bn 0.00 Bn 63.54 0.47 Bn
206 ATNI ATN International, Inc. secondary C-02 Telecommunications CG-01 0.48 Bn 0.00 Bn 0.65 0.28 Bn
207 TSSI TSS, Inc. secondary T-63 Technology Services TG-11 0.47 Bn 0.00 Bn 2.45 0.40 Bn
208 RMNI Rimini Street, Inc. secondary T-63 Technology Services TG-11 0.47 Bn 0.00 Bn 1.09 0.34 Bn
209 FWDI Forward Industries, Inc. secondary T-63 Technology Services TG-11 0.47 Bn 0.00 Bn 9.49 0.47 Bn
210 ADUR Aduro Clean Technologies Inc. secondary T-63 Technology Services TG-11 0.46 Bn 0.00 Bn 3,820.15 0.43 Bn
211 PRTH Priority Technology Holdings, Inc. secondary T-54 Fintech TG-09 0.45 Bn — — 0.39 Bn
212 BALY Bally's Corp secondary D-23 Gaming and Leisure DG-08 0.45 Bn 0.00 Bn 0.15 1.58 Bn
213 IIIV i3 Verticals, Inc. secondary T-19 Business Applications TG-03 0.44 Bn 0.00 Bn 2.03 0.56 Bn
214 IMXI International Money Express, Inc. secondary F-26 Payments FG-07 0.44 Bn 0.00 Bn 0.79 0.29 Bn
215 AIOT Powerfleet, Inc. secondary T-32 Vertical Software TG-05 0.41 Bn 0.00 Bn 0.90 0.38 Bn
216 TREE LendingTree, Inc. secondary T-51 Internet Platforms TG-08 0.40 Bn 0.00 Bn 0.31 0.29 Bn
217 ALIT Alight, Inc. / Delaware secondary T-21 Business Applications TG-03 0.39 Bn 0.00 Bn 0.18 0.18 Bn
218 IHRT iHeartMedia, Inc. secondary C-06 Advertising and Media CG-02 0.39 Bn 0.00 Bn 0.10 0.22 Bn
219 CRNC Cerence Inc. secondary T-35 Infrastructure Software TG-06 0.39 Bn 0.00 Bn 1.25 0.26 Bn
220 LSAK Lesaka Technologies Inc secondary F-04 Lending and Credit FG-02 0.38 Bn 0.00 Bn 0.54 0.37 Bn
221 SLP Simulations Plus, Inc. secondary T-27 Vertical Software TG-05 0.37 Bn 0.00 Bn 4.54 0.32 Bn
222 GRRR Gorilla Technology Group Inc. secondary T-41 Infrastructure Software TG-06 0.36 Bn 0.00 Bn 2.57 0.18 Bn
223 RZLV Rezolve Ai Plc secondary T-52 Internet Platforms TG-08 0.36 Bn 0.00 Bn 7.69 0.25 Bn
224 NEWT NewtekOne, Inc. secondary F-02 Banking FG-01 0.36 Bn 0.00 Bn 1.22 -0.04 Bn
225 TLS Telos Corp secondary T-22 Business Applications TG-03 0.36 Bn 0.00 Bn 1.85 0.31 Bn
226 RBBN Ribbon Communications Inc. secondary T-13 Computer Hardware TG-02 0.36 Bn 0.00 Bn 0.45 0.31 Bn
227 GOTU Gaotu Techedu Inc. secondary D-28 Consumer Services DG-09 0.35 Bn 0.00 Bn 0.37 -0.13 Bn
228 PSFE Paysafe Ltd secondary T-54 Fintech TG-09 0.35 Bn 0.00 Bn 0.20 0.12 Bn
229 COE 51Talk Online Education Group secondary T-28 Vertical Software TG-05 0.34 Bn 0.00 Bn 3.18 0.31 Bn
230 RPAY Repay Holdings Corp secondary T-54 Fintech TG-09 0.32 Bn — — 0.17 Bn
231 CNDT CONDUENT Inc secondary I-26 Business Services IG-06 0.30 Bn 0.00 Bn 0.11 0.07 Bn
232 LX LexinFintech Holdings Ltd. secondary T-56 Fintech TG-09 0.29 Bn 0.00 Bn 0.16 0.29 Bn
233 PDYN Palladyne AI Corp. secondary T-61 Robotics and Automation TG-10 0.28 Bn 0.00 Bn 23.70 0.24 Bn
234 HCKT Hackett Group, Inc. secondary I-26 Business Services IG-06 0.28 Bn 0.00 Bn 0.97 0.26 Bn
235 PLTS Platinum Analytics Cayman Ltd secondary T-63 Technology Services TG-11 0.28 Bn 0.00 Bn 165.15 0.27 Bn
236 LAW CS Disco, Inc. secondary T-22 Business Applications TG-03 0.28 Bn 0.00 Bn 1.65 0.17 Bn
237 ASUR Asure Software Inc secondary T-21 Business Applications TG-03 0.27 Bn 0.00 Bn 1.72 0.25 Bn
238 EGHT 8X8 Inc /De/ secondary T-26 Workplace Software TG-04 0.26 Bn — — 0.17 Bn
239 AVNW Aviat Networks, Inc. secondary T-13 Computer Hardware TG-02 0.25 Bn 0.00 Bn 0.58 0.18 Bn
240 III Information Services Group Inc. secondary I-26 Business Services IG-06 0.25 Bn 0.00 Bn 1.00 0.23 Bn
241 LTRX Lantronix Inc secondary T-13 Computer Hardware TG-02 0.24 Bn 0.00 Bn 2.01 0.18 Bn
242 MTC Mmtec, Inc. secondary T-63 Technology Services TG-11 0.23 Bn 0.13 Bn 171.13 0.23 Bn
243 KLTR Kaltura Inc secondary T-48 Internet Platforms TG-08 0.23 Bn 0.00 Bn 1.27 0.20 Bn
244 EXOD Exodus Movement, Inc. secondary T-58 Fintech TG-09 0.23 Bn 0.00 Bn 2.08 -0.13 Bn
245 EXFY Expensify, Inc. secondary T-18 Business Applications TG-03 0.22 Bn 0.00 Bn 1.58 0.15 Bn
246 GLOO Gloo Holdings, Inc. secondary T-20 Business Applications TG-03 0.22 Bn 0.00 Bn 1.79 0.20 Bn
247 FC Franklin Covey Co secondary I-26 Business Services IG-06 0.21 Bn 0.00 Bn 0.82 0.20 Bn
248 ZH Zhihu Inc. secondary T-47 Internet Platforms TG-08 0.21 Bn 0.00 Bn 0.55 -0.36 Bn
249 HKD AMTD Digital Inc. secondary T-63 Technology Services TG-11 0.21 Bn 0.00 Bn 4.20 0.28 Bn
250 CURR Currenc Group Inc. secondary F-26 Payments FG-07 0.20 Bn 0.00 Bn 5.35 0.15 Bn
251 CXDO Crexendo, Inc. secondary T-26 Workplace Software TG-04 0.20 Bn 0.00 Bn 2.47 0.18 Bn
252 QUIK QUICKLOGIC Corp secondary T-01 Semiconductors TG-01 0.20 Bn 0.00 Bn 12.09 0.18 Bn
253 WIT Wipro Ltd secondary T-63 Technology Services TG-11 0.19 Bn 0.00 Bn 0.02 -0.86 Bn
254 CRNT Ceragon Networks Ltd secondary T-13 Computer Hardware TG-02 0.19 Bn 0.00 Bn 0.54 0.15 Bn
255 UTKN Universal Token secondary T-58 Fintech TG-09 0.17 Bn 0.00 Bn -120,805.62 0.17 Bn
256 DAVA Endava plc secondary T-63 Technology Services TG-11 0.17 Bn 0.00 Bn 0.18 0.11 Bn
257 EGAN EGAIN Corp secondary T-20 Business Applications TG-03 0.16 Bn 0.00 Bn 1.76 0.08 Bn
258 ATOM Atomera Inc secondary T-05 Semiconductors TG-01 0.16 Bn 0.00 Bn 685.47 0.16 Bn
259 TRAK ReposiTrak, Inc. secondary T-32 Vertical Software TG-05 0.14 Bn 0.00 Bn 6.17 0.12 Bn
260 WTF Waton Financial Ltd secondary F-19 Capital Markets FG-05 0.13 Bn 0.00 Bn 11.88 0.11 Bn
261 HCAT Health Catalyst, Inc. secondary T-27 Vertical Software TG-05 0.13 Bn 0.00 Bn 0.43 0.02 Bn
262 IH iHuman Inc. secondary T-28 Vertical Software TG-05 0.12 Bn 0.00 Bn 1.13 -0.03 Bn
263 SANG Sangoma Technologies Corp secondary T-26 Workplace Software TG-04 0.12 Bn 0.00 Bn 0.58 0.12 Bn
264 NRDY Nerdy Inc. secondary T-28 Vertical Software TG-05 0.12 Bn 0.00 Bn 0.67 0.09 Bn
265 WYY Widepoint Corp secondary T-63 Technology Services TG-11 0.11 Bn 0.00 Bn 0.71 0.10 Bn
266 HUHU HUHUTECH International Group Inc. secondary I-10 Machinery IG-02 0.10 Bn 0.00 Bn 4.76 0.10 Bn
267 CMCM Cheetah Mobile Inc. secondary T-24 Workplace Software TG-04 0.10 Bn 0.00 Bn 0.61 -0.06 Bn
268 ATGL Alpha Technology Group Ltd secondary T-63 Technology Services TG-11 0.10 Bn 0.00 Bn 101.48 0.09 Bn
269 AEYE Audioeye Inc secondary T-22 Business Applications TG-03 0.10 Bn 0.00 Bn 2.28 0.09 Bn
270 CHGG Chegg, Inc secondary T-28 Vertical Software TG-05 0.09 Bn 0.00 Bn 0.36 0.02 Bn
271 WRAP Wrap Technologies, Inc. secondary I-02 Aerospace and Defense IG-01 0.09 Bn 0.00 Bn 14.16 0.09 Bn
272 BCRD BlueOne Technologies, Inc. secondary T-54 Fintech TG-09 0.09 Bn 0.00 Bn 358.31 0.10 Bn
273 MHH Mastech Digital, Inc. secondary T-63 Technology Services TG-11 0.09 Bn 0.00 Bn 0.51 0.05 Bn
274 RTB RTB Digital, Inc. secondary T-54 Fintech TG-09 0.09 Bn 0.00 Bn 10.50 0.09 Bn
275 LINK Interlink Electronics Inc secondary T-11 Computer Hardware TG-02 0.08 Bn 0.00 Bn 6.52 0.08 Bn
276 FATN Fatpipe Inc/UT secondary T-13 Computer Hardware TG-02 0.08 Bn 0.00 Bn 4.08 0.08 Bn
277 CSPI Csp Inc /Ma/ secondary T-12 Computer Hardware TG-02 0.08 Bn 0.00 Bn 1.43 0.06 Bn
278 MWC Micware Co., Ltd. secondary T-63 Technology Services TG-11 0.08 Bn 0.00 Bn 0.56 0.03 Bn
279 BNAI Brand Engagement Network Inc. secondary T-40 Infrastructure Software TG-06 0.08 Bn 0.00 Bn 274.31 0.07 Bn
280 AIFC AI Financial Corp secondary T-54 Fintech TG-09 0.08 Bn 0.00 Bn 3.90 0.08 Bn
281 RPMT Rego Payment Architectures, Inc. secondary T-54 Fintech TG-09 0.08 Bn 0.00 Bn 1,738.88 0.08 Bn
282 EGG Enigmatig Ltd secondary I-26 Business Services IG-06 0.07 Bn — — 0.06 Bn
283 AISP Airship AI Holdings, Inc. secondary T-41 Infrastructure Software TG-06 0.07 Bn 0.00 Bn 3.89 0.06 Bn
284 INSG Inseego Corp. secondary T-13 Computer Hardware TG-02 0.07 Bn 0.00 Bn 0.40 0.07 Bn
285 BVC BitVentures Ltd secondary F-16 Insurance FG-04 0.07 Bn — — 0.07 Bn
286 TTEC TTEC Holdings, Inc. secondary I-26 Business Services IG-06 0.07 Bn 0.00 Bn 0.03 -0.01 Bn
287 INVE Identiv, Inc. secondary T-11 Computer Hardware TG-02 0.07 Bn 0.00 Bn 3.09 -0.05 Bn
288 WFCF Where Food Comes From, Inc. secondary I-26 Business Services IG-06 0.07 Bn 0.00 Bn 2.54 0.06 Bn
289 SKIL Skillsoft Corp. secondary T-28 Vertical Software TG-05 0.06 Bn 0.00 Bn 0.13 -0.06 Bn
290 WATT Energous Corp secondary T-11 Computer Hardware TG-02 0.06 Bn 0.00 Bn 7.08 0.02 Bn
291 SDA SunCar Technology Group Inc. secondary F-16 Insurance FG-04 0.06 Bn 0.00 Bn 0.11 0.08 Bn
292 DLHC DLH Holdings Corp. secondary I-02 Aerospace and Defense IG-01 0.06 Bn 0.00 Bn 0.23 0.06 Bn
293 CTM Castellum, Inc. secondary T-63 Technology Services TG-11 0.06 Bn 0.00 Bn 1.06 0.06 Bn
294 AEI Alset Inc. secondary R-18 Property Developers RG-05 0.05 Bn 0.00 Bn 12.49 0.04 Bn
295 VDTA Vertical Data Inc. secondary T-64 Technology Services TG-11 0.05 Bn 0.00 Bn 7.89 0.05 Bn
296 MFI mF International Ltd secondary T-40 Infrastructure Software TG-06 0.05 Bn — 12.47 0.03 Bn
297 STEM Stem, Inc. secondary T-40 Infrastructure Software TG-06 0.05 Bn 0.00 Bn 0.36 0.01 Bn
298 NTWK Netsol Technologies Inc secondary T-19 Business Applications TG-03 0.05 Bn 0.00 Bn 0.61 0.04 Bn
299 PHUN Phunware, Inc. secondary T-17 Business Applications TG-03 0.04 Bn 0.00 Bn 15.46 0.04 Bn
300 AERT Aeries Technology, Inc. secondary I-26 Business Services IG-06 0.04 Bn 0.00 Bn 0.52 0.03 Bn