Technology stocks with the highest free cash flow yield

Ranked

345

of 607 technology stocks we cover

Median

4.6%

Highest

39.5%

MYPS

Range

0.0% to 39.5%

#	Company	FCF yield	PE	Revenue growth (TTM)	Market cap
1	MYPSPLAYSTUDIOS, Software - Infrastructure	39.5%	n/m	−13.3%	$45.6M
2	XRXXerox, Computer Hardware	35.1%	n/m	+25.6%	$336.2M
3	CCLDCareCloud, Software - Infrastructure	30.3%	25.3×	+15.1%	$75.2M
4	GTMZoomInfo Technologies, Software - Infrastructure	28.3%	n/m	+2.7%	$1.3B
5	ARRYArray Technologies, Semiconductors	27.4%	n/m	+1.2%	$491.3M
6	CLVTClarivate, Software - Application	27.4%	n/m	−3.5%	$1.2B
7	IMMRImmersion, Computer Hardware	25.9%	21.6×	+4.1%	$236.4M
8	CARSCars.com, Software - Application	25.6%	19.2×	+1.1%	$585.6M
9	DHDefinitive Healthcare, Software - Infrastructure	24.8%	n/m	−5.0%	$115.3M
10	LEDSSemiLEDs, Semiconductors	23.8%	n/m	−16.6%	$16.3M
11	MBLYMobileye Global, Software - Infrastructure	23.5%	n/m	+5.0%	$1.7B
12	NRDSNerdwallet, Software - Application	23.4%	12.3×	+11.5%	$698.7M
13	TDCTeradata, Software - Infrastructure	22.7%	n/m	+1.0%	$3.2B
14	TBLATaboola.com, Software - Application	21.8%	n/m	+8.0%	$921.2M
15	HCATHealth Catalyst, Software - Application	21.2%	n/m	−7.5%	$127.2M
16	INSEInspired Entertainment, Software - Infrastructure	20.9%	n/m	−6.5%	$83.6M
17	CRNCCerence, Software - Infrastructure	20.8%	n/m	+25.8%	$377.2M
18	MRDNMeridian, Software - Infrastructure	18.7%	n/m	+14.1%	$131.1M
19	EGHT8X8, Software - Application	18.5%	53.3×	+3.7%	$307.6M
20	PBIPitney Bowes, Computer Hardware	17.5%	14.2×	−5.3%	$2.4B
21	UPWKUpwork, Software - Application	17.3%	12.5×	+1.9%	$1.2B
22	CCSIConsensus Cloud Solutions, Software - Infrastructure	16.8%	7.6×	+1.5%	$686.6M
23	PRGSProgress Software, Software - Infrastructure	16.8%	n/m	+6.4%	$1.9B
24	GDRXGoodRx, Software - Application	16.3%	88.5×	−1.8%	$1.2B
25	MKTWMarketwise, Software - Infrastructure	15.4%	21.6×	−11.3%	$297M
26	TASKTaskUs, Software - Application	15.4%	7.4×	+11.4%	$784.8M
27	FISVFiserv, Information Technology Services	14.8%	9.6×	−1.2%	$26.5B
28	FISFidelity National Information Services, Information Technology Services	14.6%	5.8×	+18.3%	$19.4B
29	RPDRapid7, Software - Infrastructure	14.4%	48.1×	+0.1%	$1B
30	TTDTrade Desk, Software - Application	14.1%	15.5×	+11.6%	$6.1B
31	EGANEGAIN, Software - Infrastructure	13.8%	17.8×	+3.1%	$148.7M
32	BLKBBlackbaud, Software - Infrastructure	13.1%	17.4×	+0.7%	$2.5B
33	TRIPTripAdvisor, Software - Application	12.9%	n/m	−1.6%	$1.1B
34	HPQHP, Computer Hardware	12.8%	12.8×	+8.1%	$30.3B
35	LDOSLeidos, Software - Infrastructure	12.7%	12.7×	+3.4%	$17.1B
36	NTWKNetsol Technologies, Software - Infrastructure	12.6%	31.4×	+12.5%	$93.9M
37	LZLegalzoom.Com, Software - Application	12.5%	77.7×	+12.3%	$1.2B
38	UEICUniversal Electronics, Consumer Electronics	12.2%	n/m	−17.9%	$67.5M
39	OTEXOpen Text, Software - Infrastructure	11.9%	10.8×	+1.5%	$6.8B
40	GDDYGoDaddy, Software - Infrastructure	11.9%	16.7×	+7.4%	$14.3B
41	EVEREverQuote, Software - Application	11.9%	7.4×	+22.7%	$801.4M
42	ERIIEnergy Recovery, Semiconductors	11.3%	23.0×	−15.0%	$341M
43	CARGCarGurus, Software - Application	11.2%	17.1×	+13.9%	$2.8B
44	DBXDropbox, Software - Infrastructure	11.2%	21.0×	−0.0%	$8.5B
45	NCMINational CineMedia, Software - Application	11.1%	n/m	+5.8%	$177.8M
46	ASURAsure Software, Software - Infrastructure	11.0%	n/m	+24.3%	$212.6M
47	TBCHTurtle Beach, Communication Equipment	10.9%	n/m	−17.5%	$294.8M
48	IIIVi3 Verticals, Software - Infrastructure	10.9%	54.3×	−0.4%	$457.2M
49	MTCHMatch, Software - Application	10.9%	16.2×	+1.7%	$10.5B
50	ADTNADTRAN, Communication Equipment	10.9%	n/m	+15.7%	$523.9M
51	EVTCEVERTEC, Software - Application	10.8%	21.1×	+12.4%	$1.9B
52	GENGen Digital, Software - Infrastructure	10.4%	14.5×	+20.2%	$14.9B
53	ADBEAdobe, Software - Application	10.3%	14.7×	+12.0%	$102.7B
54	CRUSCirrus Logic, Semiconductors	10.2%	13.7×	+6.2%	$5.6B
55	DBDDIEBOLD NIXDORF, Computer Hardware	10.1%	22.6×	+5.4%	$2.3B
56	SAICScience Applications International, Software - Infrastructure	10.1%	17.0×	−0.8%	$6.1B
57	PINSPinterest, Software - Application	10.1%	65.6×	+16.6%	$12.6B
58	MQMarqeta, Software - Infrastructure	10.1%	171×	+22.4%	$2B
59	ITRIItron, Hardware, Equipment & Parts	10.0%	14.6×	−5.7%	$3.8B
60	STSensata Technologies, Hardware, Equipment & Parts	9.9%	67.3×	+0.8%	$5.9B
61	TACTTransact Technologies, Computer Hardware	9.6%	n/m	+10.5%	$54.4M
62	BILLBill.com, Software - Infrastructure	9.5%	n/m	+13.0%	$4.3B
63	INTUIntuit, Software - Application	9.4%	20.8×	+13.9%	$91.8B
64	PUBMPubMatic, Software - Application	9.4%	n/m	−1.0%	$785.3M
65	TLSTelos, Software - Infrastructure	9.3%	n/m	+65.9%	$364M
66	SCSCScansource, Technology Distributors	9.3%	16.7×	+6.1%	$1.2B
67	PDPagerDuty, Software - Infrastructure	9.2%	n/m	+2.3%	$1.4B
68	RNGRingCentral, Software - Application	9.2%	66.7×	+5.2%	$7B
69	NTCTNetscout Systems, Software - Infrastructure	9.1%	24.2×	+5.8%	$2.9B
70	INODInnodata, Software - Application	9.0%	45.0×	+39.0%	$2B
71	SSNCSS&C Technologies, Software - Application	9.0%	23.9×	+8.6%	$19.5B
72	FLUTFlutter Entertainment, Software - Application	8.9%	n/m	+15.2%	$13.9B
73	SOTKSono TEK, Semiconductors	8.7%	40.5×	+4.4%	$82.9M
74	BLBlackline, Software - Infrastructure	8.7%	62.1×	+8.6%	$2B
75	NIQNIQ Global Intelligence, Software - Application	8.6%	n/m	+8.9%	$5.9B
76	RAMPLiveRamp, Software - Application	8.6%	15.7×	+8.9%	$2.3B
77	XYZBlock, Software - Infrastructure	8.5%	137×	+5.1%	$45.9B
78	NSYSNortech Systems, Hardware, Equipment & Parts	8.3%	27.8×	+6.0%	$29.4M
79	OMCLOmnicell, Computer Hardware	8.3%	44.9×	+8.5%	$1.7B
80	YOUClear Secure, Software - Infrastructure	8.3%	30.9×	+19.8%	$6.1B
81	PEGAPegasystems, Software - Application	8.2%	20.6×	+3.6%	$6B
82	CXMSprinklr, Software - Infrastructure	8.2%	66.9×	+6.3%	$1.6B
83	CTSHCognizant Technology Solutions, Information Technology Services	8.2%	15.1×	+5.6%	$31.8B
84	BKTIBK Technologies, Communication Equipment	7.8%	19.6×	+15.7%	$250.8M
85	OSISOSI Systems, Semiconductors	7.8%	21.9×	+4.3%	$3.1B
86	ARWArrow Electronics, Technology Distributors	7.7%	13.4×	+26.1%	$10.7B
87	DVDoubleVerify, Software - Application	7.6%	37.6×	+7.6%	$2.1B
88	DOCUDocusign, Software - Infrastructure	7.5%	52.0×	+8.6%	$15.9B
89	FIVNFive9, Software - Application	7.4%	54.5×	+8.9%	$2.8B
90	UBERUber Technologies, Software - Application	7.4%	14.7×	+16.7%	$136.2B
91	CRMSalesforce, Software - Application	7.4%	22.7×	+11.2%	$204.6B
92	MLABMesa Laboratories, Hardware, Equipment & Parts	7.3%	153×	+3.0%	$720M
93	NABLN-able, Software - Infrastructure	7.3%	n/m	+10.1%	$967.2M
94	YEXTYext, Software - Application	7.3%	38.7×	−1.5%	$727.5M
95	DSPViant Technology, Software - Application	7.2%	n/m	+22.0%	$918M
96	SANMSanmina, Hardware, Equipment & Parts	7.1%	27.9×	+58.6%	$8.3B
97	AKAMAkamai Technologies, Software - Infrastructure	7.1%	33.6×	+5.9%	$13.4B
98	ACNAccenture, Information Technology Services	7.0%	18.4×	+6.5%	$166.8B
99	ZMZoom Communications, Software - Application	6.9%	n/m	+5.0%	$27.9B
100	EPAMEPAM Systems, Information Technology Services	6.9%	18.5×	+10.8%	$7B

The first 100 of 345.

Not ranked: 135 with no positive free cash flow, 44 with not a meaningful number, 9 with a yield above 40% (usually a one-off). 73 companies whose data behind this number has a caveat are left out until it is checked.

A ranking of numbers, not a recommendation. A low multiple can be a bargain or a business in trouble: open the company to see which.