22 of these 171 San Francisco/Silicon Valley Area Companies have Stock Market Capitalizations now of more than $30 bil. The Total Audited Earnings of these 22 Giants were $167 bil in 2014, which comprised a massive 90% of the $185 Total 2014 Earnings generated by the 171 largest San Francisco/Silicon Valley Area Companies with Market Caps of more than $1 bil presently.
These 22 Giant Companies generated 2014 Audited Earnings which were up 11% over 2013 and up 27% over 2012, as you can see in the below chart:
| 2014 | 2013 | 2012 | |||
| 2014 | Audited | Audited | Audited | ||
| Most | Net | Net | Net | ||
| Recent | Income | Income | Income | ||
| FYE | (Loss) | (Loss) | (Loss) | ||
| California Company | HQs | mil $s | mil $s | mil $s | |
| Largest Companies | |||||
| San Francisco Bay and Silicon Valley Areas | |||||
| Apple | Cupertino | Sep | 39,510 | 37,037 | 41,733 |
| Mountain View | Dec | 13,928 | 13,347 | 10,788 | |
| Wells Fargo | San Francisco | Dec | 23,608 | 22,224 | 19,368 |
| Menlo Park | Dec | 2,940 | 1,500 | 53 | |
| Oracle | Redwood City | May | 10,955 | 10,925 | 9,981 |
| Chevron | San Ramon | Dec | 19,310 | 21,597 | 26,336 |
| Gilead Sciences | Foster City | Dec | 12,059 | 3,057 | 2,574 |
| Visa | Foster City | Sep | 5,438 | 4,980 | 2,142 |
| Intel | Santa Clara | Dec | 11,704 | 9,620 | 11,005 |
| Cisco Systems | San Jose | Jul | 7,853 | 9,983 | 8,041 |
| eBay Inc | San Jose | Dec | 46 | 2,856 | 2,609 |
| Hewlett-Packard | Palo Alto | Oct | 5,013 | 5,113 | (12,650) |
| McKesson | San Francisco | Mar 15 | 1,842 | 1,414 | 1,363 |
| Salesforce.com | San Francisco | Jan 15 | (263) | (232) | (270) |
| Charles Schwab | San Francisco | Dec | 1,321 | 1,071 | 928 |
| Netflix | Los Gatos | Dec | 267 | 112 | 17 |
| Adobe Systems | San Jose | Nov | 268 | 290 | 833 |
| Yahoo! | Sunnyvale | Dec | 7,532 | 1,377 | 3,951 |
| VMware | Palo Alto | Dec | 886 | 1,014 | 746 |
| Avago Technologies | San Jose | Oct | 309 | 552 | 563 |
| Tesla Motors | Palo Alto | Dec | (294) | (74) | (396) |
| Franklin Resources | San Mateo | Sep | 2,412 | 2,171 | 1,916 |
| Total all 22 | 166,644 | 149,934 | 131,631 | ||
| % Earnings Increase: | |||||
| ….. 2014 Over 2013 | 11% | ||||
| ….. 2014 Over 2012 | 27% | ||||
There were 149 Somewhat Smaller San Francisco/Silicon Valley Area Companies with Stock Market Capitalizations now of between $1 bil and $30 bil.
So just how have these 149 Somewhat Smaller San Francisco/Silicon Valley Area Companies done on the earnings front before, during and after the 2008 financial meltdown? Just spectacular off-the-charts earnings improvement.
The Total Audited Net Income from Continuing Operations of these 149 Somewhat Smaller San Francisco/Silicon Valley Area Companies for the 3 years 2012-14 Combined was $55.162 bil, an increase of an off-the-charts 972% over the $5.145 bil comparable Total Earnings in the 3 years 2008-2010 Combined.
So if the question to answer is how much better off are these Somewhat Smaller San Francisco/Silicon Valley Area Companies in their most recent three years than they were five years earlier, the answer is nearly 10 times better, or nearly $50 bil better, as audited earnings under US generally accepted accounting principles (US GAAP) are measured by the very prestigious US accounting profession.
Below here are the reported US GAAP Audited Net Income (Losses) of each of these 147 Somewhat Smaller San Francisco/Silicon Valley Area Companies for all of their fiscal years reported from 2008 through 2014, sorted by current Stock Market Capitalization:
| 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |||
| 2014 | Audited | Audited | Audited | Audited | Audited | Audited | Audited | ||
| Most | Net | Net | Net | Net | Net | Net | Net | ||
| Recent | Income | Income | Income | Income | Income | Income | Income | ||
| FYE | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | ||
| California Company | HQs | mil $s | mil $s | mil $s | mil $s | mil $s | mil $s | mil $s | |
| Somewhat Smaller Cos. | |||||||||
| San Francisco Bay and Silicon Valley Areas | |||||||||
| Intuit | Mountain View | Jul | 861 | 823 | 764 | 634 | 539 | 447 | 447 |
| Mountain View | Dec | 15 | 27 | 22 | 12 | 3 | (4) | (5) | |
| Applied Materials | Santa Clara | Oct | 1,072 | 256 | 109 | 1,926 | 938 | (305) | 961 |
| San Francisco | Dec | (578) | (645) | (79) | (128) | (67) | |||
| Prologis | San Francisco | Dec | 739 | 230 | (106) | (267) | (1,601) | (123) | (11) |
| Ross Stores | Dublin | Jan 15 | 925 | 837 | 787 | 657 | 555 | 443 | 305 |
| Pharmacyclics | Sunnyvale | Dec | 86 | 67 | 12 | (35) | (15) | (23) | (24) |
| Electronic Arts | Redwood City | Mar 15 | 875 | 8 | 98 | 76 | (276) | (677) | (1,088) |
| BioMarin Pharmaceutical | San Rafael | Dec | (134) | (176) | (114) | (54) | 206 | (1) | 31 |
| Intuitive Surgical | Sunnyvale | Dec | 418 | 671 | 657 | 495 | 382 | 233 | 204 |
| Seagate Technology | Cupertino | Jun | 1,570 | 1,838 | 2,862 | 511 | 1,609 | (3,125) | 1,251 |
| Symantec | Mountain View | Mar 15 | 878 | 898 | 755 | 1,172 | 593 | 714 | (6,786) |
| The Gap | San Francisco | Jan 15 | 1,262 | 1,280 | 1,135 | 833 | 1,204 | 1,102 | 967 |
| Altera | San Jose | Dec | 473 | 440 | 557 | 771 | 783 | 251 | 360 |
| Check Point Software | San Carlos | Dec | 660 | 653 | 620 | 544 | 453 | 358 | 324 |
| Workday | Pleasanton | Jan 15 | (248) | (173) | (119) | (80) | (56) | (50) | (51) |
| Equinix | Redwood City | Dec | (261) | 96 | 130 | 92 | 36 | 69 | 108 |
| Palo Alto Networks | Santa Clara | Jul | (226) | (29) | 1 | (13) | (21) | (19) | (16) |
| Clorox | Oakland | June | 562 | 562 | 574 | 543 | 603 | 603 | 537 |
| Essex Property Trust | Palo Alto | Dec | 134 | 141 | 128 | 50 | 50 | 44 | 81 |
| SanDisk | Milpitas | Dec | 1,007 | 1,043 | 417 | 987 | 1,300 | 415 | (1,987) |
| Agilent Technologies | Santa Clara | Oct | 504 | 724 | 1,153 | 1,012 | 684 | (31) | 693 |
| Lam Research | Fremont | Jun | 632 | 114 | 169 | 724 | 347 | (302) | 439 |
| Autodesk | San Rafael | Jan 15 | 82 | 229 | 247 | 285 | 212 | 58 | 184 |
| Xilinx | San Jose | Mar 15 | 648 | 630 | 488 | 530 | 642 | 357 | 362 |
| NVIDIA | Santa Clara | Jan 15 | 631 | 440 | 563 | 581 | 253 | (68) | (30) |
| Linear Technology | Milpitas | Jun | 460 | 407 | 398 | 581 | 361 | 289 | 367 |
| Juniper Networks | Sunnyvale | Dec | (334) | 440 | 187 | 425 | 619 | 115 | 512 |
| Jazz Pharmaceuticals | Palo Alto | Dec | 57 | 216 | 261 | 125 | 33 | (7) | (184) |
| NetApp | Sunnyvale | Apr 15 | 560 | 638 | 505 | 605 | 673 | 400 | 65 |
| Maxim Integrated Products | San Jose | Jun | 355 | 452 | 355 | 489 | 125 | 10 | 318 |
| First Republic Bank | San Francisco | Dec | 487 | 462 | 401 | 354 | 276 | 347 | 10 |
| KLA-Tencor | Milpitas | Jun | 583 | 543 | 756 | 794 | 212 | (523) | 359 |
| Medivation | San Francisco | Dec | 276 | (43) | (41) | (39) | (34) | (55) | (62) |
| Digital Realty Trust | San Francisco | Dec | 203 | 320 | 216 | 162 | 105 | 91 | 68 |
| Splunk | San Francisco | Jan 15 | (217) | (79) | (37) | (11) | (4) | (7) | (15) |
| Varian Medical Systems | Palo Alto | Sep | 404 | 438 | 427 | 409 | 367 | 331 | 295 |
| The Cooper Companies | Pleasanton | Oct | 272 | 297 | 249 | 175 | 113 | 101 | 65 |
| Safeway | Pleasanton | Dec | 103 | 217 | 249 | 330 | 312 | (1,402) | 965 |
| FireEye | Milpitas | Dec | (444) | (121) | (36) | (17) | (9) | (9) | |
| Synopsys | Mountain View | Oct | 259 | 248 | 182 | 221 | 237 | 168 | 190 |
| GoPro | San Mateo | Dec | 128 | 61 | 32 | 25 | 12 | ||
| Robert Half Intl | Menlo Park | Dec | 306 | 252 | 210 | 150 | 66 | 37 | 250 |
| SVB Financial Group | Santa Clara | Dec | 479 | 546 | 250 | 283 | 137 | 11 | 55 |
| Marvell Technology Group | Santa Clara | Jan 15 | 435 | 315 | 307 | 615 | 904 | 353 | 147 |
| Williams-Sonoma | San Francisco | Jan 15 | 309 | 279 | 257 | 237 | 200 | 77 | 30 |
| NetSuite | San Mateo | Dec | (100) | (70) | (35) | (32) | (27) | (24) | (17) |
| Fortinet | Sunnyvale | Dec | 25 | 44 | 67 | 62 | 41 | 60 | 7 |
| Flextronics | San Jose | Mar 15 | 601 | 366 | 303 | 521 | 612 | 32 | (5,929) |
| Lending Club | San Francisco | Dec | (33) | 7 | (12) | (11) | (10) | (12) | (7) |
| Trimble Navigation | Sunnyvale | Dec | 214 | 218 | 190 | 149 | 104 | 64 | 141 |
| Cadence Design Systems | San Jose | Dec | 159 | 164 | 440 | 72 | 127 | (150) | (1,857) |
| Arista Networks | Santa Clara | Dec | 87 | 43 | 21 | 34 | 2 | ||
| Solar City | San Mateo | Dec | (375) | (152) | (114) | (74) | (47) | (23) | (26) |
| Brocade Communication Syst | San Jose | Oct | 238 | 209 | 195 | 51 | 117 | (83) | 166 |
| Align Technology | San Jose | Dec | 146 | 64 | 59 | 67 | 74 | (31) | 80 |
| Informatica | Redwood City | Dec | 114 | 86 | 93 | 117 | 86 | 64 | 56 |
| Bio-Rad Laboratories | Hercules | Dec | 89 | 78 | 166 | 179 | 187 | 149 | 98 |
| Cypress Semiconductor | San Jose | Dec | 17 | (51) | (25) | 167 | 75 | (151) | (319) |
| SunPower Corp | San Jose | Dec | 183 | 34 | (352) | (614) | 167 | 33 | (124) |
| VeriFone Systems | San Jose | Oct | (36) | (295) | 66 | 283 | 99 | (157) | (411) |
| Cavium | San Jose | Dec | (26) | (14) | (114) | 0 | 37 | (21) | 2 |
| Atmel Corp | San Jose | Dec | 32 | (22) | 30 | 315 | 423 | (109) | (27) |
| Cepheid | Sunnyvale | Dec | (50) | (17) | (20) | 3 | (6) | (23) | (22) |
| Dolby Laboratories | San Francisco | Sep | 209 | 190 | 265 | 311 | 283 | 244 | 201 |
| Restoration Hardware | Corte Madera | Jan 15 | 91 | 18 | (13) | 21 | (7) | (29) | (51) |
| Pandora Media | Oakland | Dec | (30) | (38) | (16) | (2) | (17) | (28) | (14) |
| Synaptics | San Jose | Jun | 47 | 99 | 54 | 64 | 52 | 48 | 26 |
| Guideware Software | Foster City | Jul | 15 | 25 | 19 | 36 | 16 | (11) | (17) |
| Integrated Device Technology | San Jose | Mar 15 | 115 | 111 | 3 | 37 | 94 | 65 | (1,027) |
| Ambarella | Santa Clara | Jan 15 | 51 | 26 | 18 | 10 | 14 | 13 | (3) |
| Blackhawk Network Holdings | Pleasanton | Dec | 45 | 54 | 48 | 36 | 19 | 27 | 16 |
| Veeva Systems | Pleasanton | Jan 15 | 40 | 24 | 19 | 4 | 4 | 1 | |
| Impax Laboratories | Hayward | Dec | 57 | 101 | 56 | 65 | 250 | 50 | 16 |
| Yelp! | San Francisco | Dec | 36 | (10) | (19) | (17) | (10) | (2) | (6) |
| Riverbed Technology | San Francisco | Dec | 71 | (12) | 55 | 64 | 34 | 7 | 11 |
| SYNNEX | Fremont | Nov | 180 | 152 | 153 | 151 | 117 | 86 | 77 |
| Ultragenyx Pharmaceutical | Novato | Dec | (60) | (35) | (16) | (7) | |||
| Anacor Pharmaceuticals | Palo Alto | Dec | (87) | 85 | (56) | (48) | (10) | (25) | (22) |
| JDS Uniphase | Milpitas | Jun | (18) | 57 | (26) | 72 | (60) | (906) | (42) |
| Ubiquiti Networks | San Jose | Jun | 177 | 80 | 103 | 50 | (5) | 10 | 5 |
| Zynga | San Francisco | Dec | (226) | (37) | (209) | (404) | 91 | (53) | (22) |
| Aruba Networks | Sunnyvale | Jul | (29) | (32) | (9) | 71 | (34) | (23) | (17) |
| Infinera Corp | Sunnyvale | Dec | 14 | (32) | (85) | (82) | (28) | (87) | 79 |
| Fair Isaac | San Jose | Sep | 95 | 90 | 92 | 72 | 64 | 65 | 81 |
| Thoratec | Pleasanton | Dec | 50 | 73 | 56 | 72 | 53 | 29 | 18 |
| Proofpoint | Sunnyvale | Dec | (64) | (28) | (20) | (20) | (21) | (20) | (26) |
| Finisar | Sunnyvale | Apr | 112 | (8) | 43 | 88 | (23) | (262) | (33) |
| KKR Financial Holdings | San Francisco | Dec | (113) | 293 | 348 | 318 | 371 | 77 | (1,078) |
| Advent Software | San Francisco | Dec | 50 | 29 | 30 | 28 | 24 | 21 | 17 |
| Mellanox Technologies | Sunnyvale | Dec | (24) | (23) | 112 | 10 | 14 | 13 | 22 |
| Financial Engines | Sunnyvale | Dec | 37 | 30 | 19 | 15 | 64 | 6 | (4) |
| Portola Pharmaceuticals | South San Francisco | Dec | (137) | (83) | 11 | 20 | |||
| Nimble Storage | San Jose | Jan 15 | (99) | (43) | (28) | (17) | (7) | ||
| Fairchild Semiconductor | San Jose | Dec | (35) | 5 | 25 | 146 | 153 | (60) | (167) |
| Barracuda Networks | Campbell | Feb 15 | (67) | (4) | (8) | (0) | 2 | 5 | 3 |
| Theravance | South San Francisco | Dec | (74) | (31) | (31) | (115) | (84) | (85) | (94) |
| Monolithic Power Systems | San Jose | Dec | 35 | 23 | 16 | 13 | 30 | 20 | 24 |
| Box Inc | Los Altos | Jan 15 | (168) | (169) | (113) | (50) | |||
| Aduro BioTech | Berkeley | Dec | (17) | (16) | (9) | ||||
| Tessera Technologies | San Jose | Dec | 175 | (41) | 35 | 36 | 92 | 80 | 5 |
| Electronics for Imaging | Fremont | Dec | 34 | 109 | 83 | 27 | 7 | (2) | (113) |
| TriNet Group | San Leandro | Dec | 15 | 13 | 32 | 15 | (9) | 18 | 9 |
| Zendesk | San Francisco | Dec | (67) | (23) | (24) | (7) | |||
| Ellie Mae | Pleasanton | Dec | 15 | 13 | 19 | 4 | 1 | 2 | (1) |
| Imperva | Redwood Shores | Dec | (59) | (26) | (8) | (11) | (12) | (12) | (8) |
| Polycom | San Jose | Dec | 42 | (19) | (36) | 126 | 68 | 50 | 76 |
| PMC-Sierra | Sunnyvale | Dec | 0 | (32) | (336) | 80 | 89 | 47 | 128 |
| Advanced Micro Devices | Sunnyvale | Dec | (403) | (83) | (1,183) | 495 | 471 | 296 | (2,412) |
| Sanmina | San Jose | Sep | 197 | 79 | 180 | 69 | 122 | (138) | (513) |
| Trulia | San Francisco | Dec | (76) | (18) | (11) | (6) | (4) | (7) | (8) |
| Intersil | Milpitas | Dec | 55 | 3 | (38) | 67 | 26 | 39 | (1,063) |
| Rambus | Sunnyvale | Dec | 26 | (34) | (134) | (43) | 151 | (92) | (199) |
| Shutterfly Inc | Redwood City | Dec | (8) | 9 | 23 | 14 | 17 | 6 | 4 |
| Simpson Manufacturing | Pleasanton | Dec | 64 | 51 | 42 | 51 | 45 | 14 | 55 |
| Super Micro Computer | San Jose | Jun | 54 | 21 | 30 | 40 | 27 | 16 | 25 |
| WageWorks | San Mateo | Dec | 18 | 22 | 10 | 33 | (17) | (1) | (4) |
| Infoblox | Santa Clara | Jul | (24) | (4) | (8) | (5) | 7 | (10) | (11) |
| Coherent | Santa Clara | Sep | 59 | 66 | 63 | 93 | 37 | (35) | 23 |
| Rovi Corp | Santa Clara | Dec | (14) | 21 | (20) | 39 | 227 | (18) | 15 |
| OmniVision Technologies | Santa Clara | Apr 15 | 93 | 95 | 43 | 66 | 124 | 7 | (37) |
| New Relic | San Francisco | Mar 15 | (50) | (40) | (23) | (8) | |||
| Nektar Therapeutics | San Francisco | Dec | (54) | (162) | (172) | (134) | (38) | (103) | (34) |
| Relypsa | Redwood City | Dec | (80) | (74) | (44) | (26) | |||
| Power Integrations | San Jose | Dec | 60 | 57 | (34) | 34 | 49 | 23 | 2 |
| Qualys | Redwood City | Dec | 30 | 2 | 2 | 2 | 1 | 1 | (1) |
| Natus Medical | San Carlos | Dec | 32 | 23 | 4 | (11) | 12 | 11 | 17 |
| Redwood Trust | Mill Valley | Dec | 101 | 173 | 132 | 25 | 111 | 39 | (446) |
| Omnicell | Mountain View | Dec | 31 | 24 | 16 | 10 | 5 | 0 | 13 |
| InvenSense | San Jose | Mar 15 | (1) | 6 | 52 | 37 | 9 | 15 | 0 |
| Nevro | Menlo Park | Dec | (31) | (26) | (19) | ||||
| DepoMed | Newark | Dec | 132 | 43 | (30) | 71 | 4 | (22) | (15) |
| Core-Mark Holding | South San Francisco | Dec | 43 | 42 | 34 | 26 | 18 | 47 | 18 |
| Westamerica | San Rafael | Dec | 60 | 67 | 81 | 88 | 95 | 125 | 60 |
| RingCentral | San Mateo | Dec | (48) | (46) | (35) | (14) | (7) | (6) | |
| Marketo | San Mateo | Dec | (55) | (47) | (34) | (23) | (12) | (6) | |
| Virgin Airlines | Burlingame | Dec | 60 | 10 | (145) | (100) | (69) | (81) | |
| Hortonworks | Palo Alto | Dec | (177) | (37) | (12) | ||||
| Abaxis | Union City | Mar 15 | 21 | 16 | 31 | 16 | 15 | 13 | 12 |
| Raptor Pharmaceutical | Novato | Dec | (53) | (69) | (39) | (37) | (19) | (9) | (23) |
| Fibrogen | San Francisco | Dec | (60) | (15) | (33) | ||||
| Exponent | Menlo Park | Dec | 41 | 39 | 37 | 33 | 28 | 22 | 23 |
| ZELTIQ Aesthetics | Pleasanton | Dec | 2 | (19) | (30) | (10) | (14) | (18) | (21) |
| Netgear | San Jose | Dec | 9 | 55 | 87 | 91 | 51 | 9 | 18 |
| COUPONS.com | Mountain View | Dec | (23) | (11) | (59) | (23) | (12) | (9) | |
| Atara Biotherapeutics | Brisbane | Dec | (28) | (9) | (4) | ||||
| Coherus BioSciences | Redwood City | Dec | (87) | (54) | (33) | ||||
| Avalanche Biotechnologies | Menlo Park | Dec | (25) | (5) | (2) | ||||
| TiVo Inc | Alviso | Jan 15 | 31 | 272 | (5) | 102 | (85) | (23) | 104 |
| Total all 149 With Market Cap Between $1 bil and $30 bil | 18,909 | 18,965 | 17,288 | 21,404 | 19,176 | (204) | (13,827) | ||
| Three Year Earnings: | |||||||||
| ….. 2012-14 | 55,162 | ||||||||
| ….. 2008-10 | 5,145 | ||||||||
| ….. Earnings Increase | |||||||||
| ………. Amount | 50,017 | ||||||||
| ………… % | 972% | ||||||||
