Microsoft Corp (MSFT) is the 2nd largest of 127 Cloud Platforms companies by market capitalisation, at 3.71 Tn, behind Alphabet Inc. at 4.07 Tn. It trades on a P/E of 28.32, 23% above the peer median of 22.97. The table below compares all 127 on 8 financial metrics.
| # | Ticker | Company | match | industry_code | industry_group | industry_group_code | Market Capitalization | P/E | P/S | Enterprise Value |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | MSFT | Microsoft Corp | primary | T-43 | Cloud Computing | TG-07 | 3,711.27 Bn | 28.32 | 11.18 | 3,578.52 Bn |
| 2 | IBM | International Business Machines Corp | primary | T-43 | Cloud Computing | TG-07 | 221.25 Bn | 20.61 | 3.20 | 209.98 Bn |
| 3 | NBIS | Nebius Group N.V. | primary | T-43 | Cloud Computing | TG-07 | 57.28 Bn | -167.20 | 42.27 | 49.24 Bn |
| 4 | CRWV | CoreWeave, Inc. | primary | T-43 | Cloud Computing | TG-07 | 49.24 Bn | -25.54 | 6.49 | 43.70 Bn |
| 5 | NTNX | Nutanix, Inc. | primary | T-43 | Cloud Computing | TG-07 | 18.40 Bn | 71.07 | 6.69 | 16.38 Bn |
| 6 | DOCN | DigitalOcean Holdings, Inc. | primary | T-43 | Cloud Computing | TG-07 | 11.81 Bn | 50.01 | 11.68 | 11.04 Bn |
| 7 | KC | Kingsoft Cloud Holdings Ltd | primary | T-43 | Cloud Computing | TG-07 | 3.27 Bn | -34.89 | 2.06 | 2.57 Bn |
| 8 | SHAZ | SharonAI Holdings Inc. | primary | T-43 | Cloud Computing | TG-07 | 2.00 Bn | -2.31 | 684.16 | 0.14 Bn |
| 9 | TUYA | Tuya Inc. | primary | T-43 | Cloud Computing | TG-07 | 1.16 Bn | 14.32 | 3.41 | 0.18 Bn |
| 10 | BLZE | Backblaze, Inc. | primary | T-43 | Cloud Computing | TG-07 | 0.78 Bn | — | — | 0.72 Bn |
| 11 | GOOG | Alphabet Inc. | secondary | T-50 | Internet Platforms | TG-08 | 4,074.35 Bn | 16.69 | 9.14 | 3,645.31 Bn |
| 12 | AMZN | Amazon Com Inc | secondary | D-32 | Retail | DG-10 | 2,787.51 Bn | 12.95 | 2.00 | 2,664.53 Bn |
| 13 | AVGO | Broadcom Inc. | secondary | T-01 | Semiconductors | TG-01 | 1,702.84 Bn | 57.07 | 22.56 | 1,683.21 Bn |
| 14 | ORCL | Oracle Corp | secondary | T-19 | Business Applications | TG-03 | 457.43 Bn | 29.45 | 6.79 | 426.08 Bn |
| 15 | NFLX | Netflix Inc | secondary | T-48 | Internet Platforms | TG-08 | 325.83 Bn | 24.02 | 6.74 | 316.70 Bn |
| 16 | SAP | Sap Se | secondary | T-19 | Business Applications | TG-03 | 264.23 Bn | 27.00 | 5.93 | 243.15 Bn |
| 17 | BABA | Alibaba Group Holding Ltd | secondary | T-51 | Internet Platforms | TG-08 | 262.96 Bn | 24.96 | 1.75 | 227.70 Bn |
| 18 | ADBE | Adobe Inc. | secondary | T-25 | Workplace Software | TG-04 | 106.34 Bn | 14.84 | 4.22 | 100.71 Bn |
| 19 | NTES | NetEase, Inc. | secondary | T-49 | Internet Platforms | TG-08 | 76.16 Bn | 16.34 | 4.56 | 66.02 Bn |
| 20 | WBD | Warner Bros. Discovery, Inc. | secondary | C-05 | Advertising and Media | CG-02 | 70.85 Bn | -22.63 | 1.96 | 68.64 Bn |
| 21 | HPE | Hewlett Packard Enterprise Co | secondary | T-12 | Computer Hardware | TG-02 | 69.08 Bn | 25.98 | 1.65 | 62.86 Bn |
| 22 | EA | ELECTRONIC ARTS INC. | secondary | T-49 | Internet Platforms | TG-08 | 52.84 Bn | 48.79 | 6.74 | 50.56 Bn |
| 23 | TEAM | Atlassian Corp | secondary | T-24 | Workplace Software | TG-04 | 49.32 Bn | -916.98 | 7.50 | 48.08 Bn |
| 24 | WDAY | Workday, Inc. | secondary | T-19 | Business Applications | TG-03 | 47.22 Bn | 38.19 | 4.74 | 43.82 Bn |
| 25 | ROP | Roper Technologies Inc | secondary | T-19 | Business Applications | TG-03 | 40.28 Bn | 16.33 | 4.86 | 39.92 Bn |
| 26 | TTWO | Take Two Interactive Software Inc | secondary | T-49 | Internet Platforms | TG-08 | 40.15 Bn | -124.77 | 6.00 | 38.32 Bn |
| 27 | NTAP | NetApp, Inc. | secondary | T-12 | Computer Hardware | TG-02 | 36.45 Bn | 26.85 | 4.93 | 32.88 Bn |
| 28 | CHT | Chunghwa Telecom Co Ltd | secondary | C-01 | Telecommunications | CG-01 | 34.00 Bn | 25.39 | 4.31 | 31.91 Bn |
| 29 | BIDU | Baidu, Inc. | secondary | T-40 | Infrastructure Software | TG-06 | 33.84 Bn | -6.38 | 1.85 | 11.45 Bn |
| 30 | P | Everpure, Inc. | secondary | T-12 | Computer Hardware | TG-02 | 33.13 Bn | 130.69 | 7.77 | 32.12 Bn |
| 31 | RBLX | Roblox Corp | secondary | T-49 | Internet Platforms | TG-08 | 30.91 Bn | -30.76 | 5.44 | 27.88 Bn |
| 32 | ZM | Zoom Communications, Inc. | secondary | T-26 | Workplace Software | TG-04 | 29.62 Bn | 9.31 | 5.96 | 22.37 Bn |
| 33 | ROKU | Roku, Inc | secondary | T-33 | Infrastructure Software | TG-06 | 23.09 Bn | 64.82 | 4.43 | 20.53 Bn |
| 34 | FIS | Fidelity National Information Services, Inc. | secondary | T-19 | Business Applications | TG-03 | 21.61 Bn | 21.24 | 1.77 | 20.87 Bn |
| 35 | SSNC | SS&C Technologies Holdings Inc | secondary | T-20 | Business Applications | TG-03 | 19.62 Bn | 23.78 | 2.99 | 19.26 Bn |
| 36 | U | Unity Software Inc. | secondary | T-34 | Infrastructure Software | TG-06 | 18.33 Bn | -31.13 | 9.03 | 16.24 Bn |
| 37 | TYL | Tyler Technologies Inc | secondary | T-19 | Business Applications | TG-03 | 17.53 Bn | 46.68 | 7.22 | 16.56 Bn |
| 38 | AKAM | Akamai Technologies Inc | secondary | T-45 | Cloud Computing | TG-07 | 15.11 Bn | 37.04 | 3.50 | 11.75 Bn |
| 39 | GIB | Cgi Inc | secondary | T-63 | Technology Services | TG-11 | 14.44 Bn | 18.65 | 1.61 | 13.86 Bn |
| 40 | HAS | Hasbro, Inc. | secondary | D-14 | Leisure Products | DG-05 | 13.05 Bn | 16.42 | 2.62 | 11.70 Bn |
| 41 | FIG | Figma, Inc. | secondary | T-25 | Workplace Software | TG-04 | 12.80 Bn | -8.87 | 10.69 | 11.13 Bn |
| 42 | BILI | Bilibili Inc. | secondary | T-47 | Internet Platforms | TG-08 | 12.76 Bn | 58.30 | 2.84 | 10.62 Bn |
| 43 | PSKY | Paramount Skydance Corp | secondary | C-05 | Advertising and Media | CG-02 | 12.03 Bn | -27.45 | 0.98 | 9.95 Bn |
| 44 | HUT | Hut 8 Corp. | secondary | T-59 | Fintech | TG-09 | 11.52 Bn | -16.81 | 36.24 | 5.04 Bn |
| 45 | DBX | Dropbox, Inc. | secondary | T-24 | Workplace Software | TG-04 | 7.65 Bn | 17.68 | 3.02 | 6.54 Bn |
| 46 | TTAN | ServiceTitan, Inc. | secondary | T-30 | Vertical Software | TG-05 | 7.27 Bn | -61.28 | 7.17 | 6.85 Bn |
| 47 | OTEX | Open Text Corp | secondary | T-24 | Workplace Software | TG-04 | 5.80 Bn | 9.27 | 1.11 | 4.84 Bn |
| 48 | RUM | RUM Group Inc. | secondary | T-47 | Internet Platforms | TG-08 | 5.09 Bn | -17.09 | 43.38 | 4.97 Bn |
| 49 | AIR | Aar Corp | secondary | I-01 | Aerospace and Defense | IG-01 | 5.04 Bn | 25.78 | 1.52 | 4.96 Bn |
| 50 | BOX | Box Inc | secondary | T-24 | Workplace Software | TG-04 | 4.83 Bn | 49.99 | 3.95 | 4.38 Bn |
| 51 | VEON | VEON Ltd. | secondary | C-01 | Telecommunications | CG-01 | 4.75 Bn | 2.97 | 0.84 | 2.47 Bn |
| 52 | PAY | Paymentus Holdings, Inc. | secondary | T-54 | Fintech | TG-09 | 4.56 Bn | 53.69 | 3.35 | 4.18 Bn |
| 53 | NCTY | The9 LTD | secondary | T-49 | Internet Platforms | TG-08 | 3.38 Bn | 74.05 | 339.92 | 3.37 Bn |
| 54 | KYIV | Kyivstar Group Ltd. | secondary | C-01 | Telecommunications | CG-01 | 3.26 Bn | 7.96 | 2.17 | 2.89 Bn |
| 55 | BTDR | Bitdeer Technologies Group | secondary | T-59 | Fintech | TG-09 | 2.92 Bn | -5.45 | 3.59 | 2.46 Bn |
| 56 | PTON | Peloton Interactive, Inc. | secondary | D-15 | Leisure Products | DG-05 | 2.37 Bn | 36.35 | 0.97 | 1.16 Bn |
| 57 | CALX | Calix, Inc | secondary | T-13 | Computer Hardware | TG-02 | 2.26 Bn | 44.62 | 2.04 | 2.07 Bn |
| 58 | BRSL | Brightstar Lottery PLC | secondary | T-19 | Business Applications | TG-03 | 2.11 Bn | 35.20 | 0.85 | 2.72 Bn |
| 59 | ASAN | Asana, Inc. | secondary | T-24 | Workplace Software | TG-04 | 2.03 Bn | -13.17 | 2.45 | 1.81 Bn |
| 60 | EVTC | EVERTEC, Inc. | secondary | T-54 | Fintech | TG-09 | 1.81 Bn | 18.10 | 1.82 | 1.63 Bn |
| 61 | VNET | VNET Group, Inc. | secondary | T-44 | Cloud Computing | TG-07 | 1.71 Bn | -4.99 | 1.11 | 0.83 Bn |
| 62 | OPRA | Opera Ltd | secondary | T-33 | Infrastructure Software | TG-06 | 1.68 Bn | 13.28 | 2.47 | 1.54 Bn |
| 63 | SKM | Sk Telecom Co Ltd | secondary | C-01 | Telecommunications | CG-01 | 1.65 Bn | 6.64 | 0.55 | 1.69 Bn |
| 64 | SIFY | Sify Technologies Ltd | secondary | T-44 | Cloud Computing | TG-07 | 1.56 Bn | 550.80 | 4.06 | 1.56 Bn |
| 65 | YALA | Yalla Group Ltd | secondary | T-47 | Internet Platforms | TG-08 | 1.54 Bn | 6.24 | 4.59 | 0.92 Bn |
| 66 | ARLO | Arlo Technologies, Inc. | secondary | T-41 | Infrastructure Software | TG-06 | 1.50 Bn | 49.53 | 2.56 | 1.40 Bn |
| 67 | ACEL | Accel Entertainment, Inc. | secondary | D-23 | Gaming and Leisure | DG-08 | 0.96 Bn | 17.22 | 0.69 | 0.71 Bn |
| 68 | DJCO | Daily Journal Corp | secondary | C-07 | Advertising and Media | CG-02 | 0.87 Bn | 22.97 | 8.80 | 0.43 Bn |
| 69 | SABR | Sabre Corp | secondary | T-51 | Internet Platforms | TG-08 | 0.86 Bn | 1.19 | 0.30 | 0.18 Bn |
| 70 | IQ | iQIYI, Inc. | secondary | T-48 | Internet Platforms | TG-08 | 0.85 Bn | -3.18 | 0.23 | 0.36 Bn |
| 71 | PLTK | Playtika Holding Corp. | secondary | T-49 | Internet Platforms | TG-08 | 0.84 Bn | -2.99 | 0.30 | 0.40 Bn |
| 72 | RXT | Rackspace Technology, Inc. | secondary | T-63 | Technology Services | TG-11 | 0.80 Bn | -4.48 | 0.30 | 0.69 Bn |
| 73 | WYFI | WhiteFiber, Inc. | secondary | T-44 | Cloud Computing | TG-07 | 0.76 Bn | -83.24 | 8.32 | 0.70 Bn |
| 74 | DDI | DoubleDown Interactive Co., Ltd. | secondary | T-49 | Internet Platforms | TG-08 | 0.64 Bn | 5.08 | 1.67 | 0.08 Bn |
| 75 | GRVY | GRAVITY Co., Ltd. | secondary | T-49 | Internet Platforms | TG-08 | 0.51 Bn | 8,567.29 | 1,276.16 | 0.51 Bn |
| 76 | IIIV | i3 Verticals, Inc. | secondary | T-19 | Business Applications | TG-03 | 0.44 Bn | 26.36 | 2.03 | 0.56 Bn |
| 77 | XNET | Xunlei Ltd | secondary | T-45 | Cloud Computing | TG-07 | 0.38 Bn | -5.31 | 0.91 | 0.11 Bn |
| 78 | SOHU | Sohu.com Ltd | secondary | T-49 | Internet Platforms | TG-08 | 0.36 Bn | 1.70 | 0.60 | -0.47 Bn |
| 79 | XPER | Xperi Inc. | secondary | T-33 | Infrastructure Software | TG-06 | 0.28 Bn | -8.65 | 0.62 | 0.19 Bn |
| 80 | WEWA | Wewards, Inc. | secondary | T-58 | Fintech | TG-09 | 0.21 Bn | -360.66 | — | 0.21 Bn |
| 81 | GDEV | GDEV Inc. | secondary | T-49 | Internet Platforms | TG-08 | 0.20 Bn | 3.92 | 0.53 | 0.12 Bn |
| 82 | FIRY | Firy Inc. | secondary | T-49 | Internet Platforms | TG-08 | 0.17 Bn | -2.30 | 1.42 | 0.00 Bn |
| 83 | INSE | Inspired Entertainment, Inc. | secondary | T-49 | Internet Platforms | TG-08 | 0.15 Bn | -10.16 | 0.52 | 0.12 Bn |
| 84 | CTW | Ctw | secondary | T-51 | Internet Platforms | TG-08 | 0.14 Bn | — | — | 0.12 Bn |
| 85 | CMCM | Cheetah Mobile Inc. | secondary | T-24 | Workplace Software | TG-04 | 0.10 Bn | -2.16 | 0.61 | -0.06 Bn |
| 86 | AIRT | Air T Inc | secondary | I-01 | Aerospace and Defense | IG-01 | 0.09 Bn | 1.23 | 0.23 | 0.08 Bn |
| 87 | RSSS | Research Solutions, Inc. | secondary | T-27 | Vertical Software | TG-05 | 0.07 Bn | 15.80 | 1.52 | 0.06 Bn |
| 88 | GCL | GCL Global Holdings Ltd | secondary | T-49 | Internet Platforms | TG-08 | 0.07 Bn | -2.67 | 0.29 | 1,356.90 Bn |
| 89 | MYPS | PLAYSTUDIOS, Inc. | secondary | T-49 | Internet Platforms | TG-08 | 0.06 Bn | -1.42 | 0.25 | -0.05 Bn |
| 90 | TJGC | TJGC GROUP Ltd | secondary | C-04 | Advertising and Media | CG-02 | 0.05 Bn | -18.02 | 14.49 | 0.05 Bn |
| 91 | RLNDF | RoyaLand Co Ltd. | secondary | T-49 | Internet Platforms | TG-08 | 0.05 Bn | -18.70 | — | 0.05 Bn |
| 92 | NTWK | Netsol Technologies Inc | secondary | T-19 | Business Applications | TG-03 | 0.05 Bn | 25.48 | 0.61 | 0.04 Bn |
| 93 | ZDGE | Zedge, Inc. | secondary | T-51 | Internet Platforms | TG-08 | 0.05 Bn | -27.28 | 1.49 | 0.03 Bn |
| 94 | SJ | Scienjoy Holding Corp | secondary | T-48 | Internet Platforms | TG-08 | 0.04 Bn | -0.55 | 0.25 | -0.01 Bn |
| 95 | GLXZ | Galaxy Gaming, Inc. | secondary | T-49 | Internet Platforms | TG-08 | 0.04 Bn | 2.91 | 1.33 | 0.04 Bn |
| 96 | GMHS | Gamehaus Holdings Inc. | secondary | T-49 | Internet Platforms | TG-08 | 0.04 Bn | 5.93 | 0.36 | 0.02 Bn |
| 97 | VTIX | Virtuix Holdings Inc. | secondary | D-15 | Leisure Products | DG-05 | 0.04 Bn | -1.55 | 10.09 | 0.03 Bn |
| 98 | BRAG | Bragg Gaming Group Inc. | secondary | T-49 | Internet Platforms | TG-08 | 0.03 Bn | 0.00 | 0.28 | 0.03 Bn |
| 99 | GAME | GameSquare Holdings, Inc. | secondary | C-04 | Advertising and Media | CG-02 | 0.02 Bn | -0.53 | 0.43 | 0.02 Bn |
| 100 | SKKY | Skkynet Cloud Systems, Inc. | secondary | T-20 | Business Applications | TG-03 | 0.02 Bn | -76.28 | 10.44 | 0.02 Bn |
| 101 | MSGM | Motorsport Games Inc. | secondary | T-49 | Internet Platforms | TG-08 | 0.02 Bn | 7.15 | 1.60 | 0.02 Bn |
| 102 | SNAL | Snail, Inc. | secondary | T-49 | Internet Platforms | TG-08 | 0.02 Bn | -2.06 | 0.06 | 0.02 Bn |
| 103 | MNDO | Mind Cti Ltd | secondary | T-19 | Business Applications | TG-03 | 0.02 Bn | 6.31 | 1.06 | 0.01 Bn |
| 104 | AIFA | All In FutureTech Alliance, Inc. | secondary | D-27 | Gaming and Leisure | DG-08 | 0.02 Bn | -0.63 | 3.09 | 0.02 Bn |
| 105 | KHOBF | KHEOBA Ltd | secondary | T-19 | Business Applications | TG-03 | 0.02 Bn | 33.83 | 17.44 | 0.02 Bn |
| 106 | FOXX | Foxx Development Holdings Inc. | secondary | T-08 | Computer Hardware | TG-02 | 0.02 Bn | -0.38 | 0.30 | 0.01 Bn |
| 107 | HODO | House of Doge Inc. | secondary | T-47 | Internet Platforms | TG-08 | 0.02 Bn | -1.43 | 463.72 | 0.02 Bn |
| 108 | MYSE | Myseum.AI, Inc. | secondary | T-47 | Internet Platforms | TG-08 | 0.01 Bn | -2.20 | 29,366.60 | 0.01 Bn |
| 109 | GIGM | GIGAMEDIA Ltd | secondary | T-49 | Internet Platforms | TG-08 | 0.01 Bn | -7.13 | 3.15 | -0.01 Bn |
| 110 | KDOZF | Kidoz Inc. | secondary | T-50 | Internet Platforms | TG-08 | 0.01 Bn | 0.00 | 0.60 | 0.01 Bn |
| 111 | UPLD | Upland Software, Inc. | secondary | T-24 | Workplace Software | TG-04 | 0.01 Bn | -0.26 | 0.06 | -0.02 Bn |
| 112 | NVNI | Nvni Group Ltd | secondary | T-19 | Business Applications | TG-03 | 0.01 Bn | -0.44 | 0.27 | 0.01 Bn |
| 113 | GXAI | Gaxos.Ai Inc. | secondary | T-40 | Infrastructure Software | TG-06 | 0.01 Bn | -1.62 | 1.85 | 0.01 Bn |
| 114 | PAVS | Paranovus Entertainment Technology Ltd. | secondary | T-49 | Internet Platforms | TG-08 | 0.01 Bn | -0.45 | 0.48 | -0.01 Bn |
| 115 | VS | Versus Systems Inc. | secondary | T-17 | Business Applications | TG-03 | 0.01 Bn | -3.61 | 2.82 | 0.00 Bn |
| 116 | IOTR | iOThree Ltd | secondary | T-13 | Computer Hardware | TG-02 | 0.01 Bn | -5.48 | 0.39 | 0.00 Bn |
| 117 | VEEA | Veea Inc. | secondary | T-13 | Computer Hardware | TG-02 | 0.00 Bn | -0.36 | 9.87 | 0.00 Bn |
| 118 | DKI | DarkIris Inc. | secondary | T-49 | Internet Platforms | TG-08 | 0.00 Bn | — | — | 0.00 Bn |
| 119 | ESSI | Eco Science Solutions, Inc. | secondary | T-19 | Business Applications | TG-03 | 0.00 Bn | -3.08 | 12,559.11 | 0.00 Bn |
| 120 | SUIC | SUIC Worldwide Holdings Ltd. | secondary | T-54 | Fintech | TG-09 | 0.00 Bn | -30.11 | 170.83 | 0.00 Bn |
| 121 | TRUG | TruGolf Holdings, Inc. | secondary | T-49 | Internet Platforms | TG-08 | 0.00 Bn | -0.04 | 0.10 | -0.01 Bn |
| 122 | ASFT | Appsoft Technologies, Inc. | secondary | T-49 | Internet Platforms | TG-08 | 0.00 Bn | -13.15 | — | 0.00 Bn |
| 123 | WCT | Wellchange Holdings Co Ltd | secondary | T-19 | Business Applications | TG-03 | 0.00 Bn | -0.08 | 0.65 | 0.00 Bn |
| 124 | CHR | Cheer Holding, Inc. | secondary | T-47 | Internet Platforms | TG-08 | 0.00 Bn | 0.02 | 0.00 | -0.21 Bn |
| 125 | LMMY | Exousia Bio, Inc. | secondary | T-28 | Vertical Software | TG-05 | 0.00 Bn | -2.87 | — | 0.00 Bn |
| 126 | MI | NFT Ltd | secondary | T-51 | Internet Platforms | TG-08 | 0.00 Bn | -0.20 | 0.36 | -0.01 Bn |
| 127 | RPGL | Republic Power Group Ltd | secondary | T-19 | Business Applications | TG-03 | 0.00 Bn | — | — | 0.00 Bn |