These 98 US Technology Cos Total Pretax Income Grew By an Exceptional 38% in the First Quarter of 2018 Over the First Quarter of 2017
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Then These Same 98 US Technology Cos Total Pretax Income Grew By a Very Robust But Decelerated 30% in the Second Quarter of 2018 Over the Second Quarter of 2017
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And Then These Same 98 US Technology Cos Total Pretax Income Grew By a Robust But Decelerated 26% in the Third Quarter of 2018 Over the Third Quarter of 2017
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And Finally, These Same 98 US Technology Cos Total Pretax Income Growth Decelerated Precipitously Down to Only Up 4% in the Fourth Quarter of 2018 Over the Fourth Quarter of 2017
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Of These 98 US Technology Cos, 52 of Them Are Headquartered in California. These 52 California Tech Cos Saw Their Total Pretax Income Decline By 1% in the 4Q 2018, After Increasing By 20% in the 3Q 2018.
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And of These 98 US Technology Cos, 6 of Them Are Headquartered in Washington State, Including 2 With Market Caps in the Top 4 in the World. These 6 Washington State Tech Cos Saw Their Total Pretax Income Increase By a Superb 25% in the 4Q 2018, But a Sharp Growth Deceleration From Their 63% Increase in the 3Q 2018.
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From a review of SEC filings and individual Company information in MSN Money, I found 98 US Technology Companies with stock market caps sometime in 2018 of more than $10 Bil.
My Focus is on Pretax Income rather than on After-Tax Net Income because Corporate Income Taxes are simply a transfer of financial wealth between US Corporations and the US Federal, US State and Foreign Governments. It has nothing whatsoever to do with Company Operating Performance.
The first chart below shows the Gold-Standard US GAAP Total Pretax Income (Loss) From Continuing Operations for each quarter of 2018 and 2017 for each of these 98 US Technology Cos, sorted by January 2019, December 2018 and November 2018 quarter ends.
US | US | US | US | US | US | US | US | ||||||||
GAAP | GAAP | GAAP | GAAP | GAAP | GAAP | GAAP | GAAP | ||||||||
Pretax | Pretax | Pretax | Pretax | Pretax | Pretax | Pretax | Pretax | ||||||||
Income | Income | Income | Income | Income | Income | Income | Income | ||||||||
(Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | ||||||||
Nov 18 | Nov 17 | Aug 18 | Aug 17 | May 18 | May 17 | Feb 18 | Feb 17 | ||||||||
Dec 18 | Dec 17 | Sept 18 | Sept 17 | June 18 | June 17 | Mar 18 | Mar 17 | ||||||||
or | or | Better | or | or | Better | or | or | Better | or | or | Better | ||||
Jan 19 | Jan 18 | (Worse) | Oct 18 | Oct 17 | (Worse) | July 18 | July 17 | (Worse) | Apr 18 | Apr 17 | (Worse) | ||||
US Technology Cos | Quarter | Quarter | % | Quarter | Quarter | % | Quarter | Quarter | % | Quarter | Quarter | % | |||
Stock Market Caps > $10 Bil | End | End | Change | End | End | Change | End | End | Change | End | End | Change | |||
mils $ | mils $ | mils $ | mils $ | mils $ | mils $ | mils $ | mils $ | mils $ | |||||||
January 2019 Quarter Ends | |||||||||||||||
Cisco Systems | 3,343 | 3,232 | 3% | 3,909 | 2,962 | 32% | 3,592 | 3,180 | 13% | 3,253 | 3,191 | 2% | |||
HP Inc | 900 | 905 | -1% | 1,007 | 848 | 19% | 1,018 | 899 | 13% | 83 | 754 | -89% | |||
Applied Materials | 888 | 1,183 | -25% | 998 | 1,074 | -7% | 1,239 | 978 | 27% | 1,295 | 908 | 43% | |||
Hewlett Packard Enterprises | 655 | (657) | NM | 576 | (301) | NM | 465 | 125 | 272% | (116) | 113 | -203% | |||
VMWare | 591 | 625 | -5% | 345 | 413 | -16% | 772 | 494 | 56% | 1,175 | 281 | 318% | |||
Analog Devices | 400 | 375 | 7% | 458 | 382 | 20% | 441 | 127 | 247% | 402 | 87 | 362% | |||
NVIDIA | 324 | 1,078 | -70% | 1,081 | 896 | 21% | 1,180 | 684 | 73% | 1,311 | 536 | 145% | |||
NetApp | 319 | 504 | -37% | 293 | 222 | 32% | 272 | 145 | 88% | 303 | 248 | 22% | |||
Broadcom Ltd | 278 | 795 | -65% | 1,422 | 645 | 120% | 1,229 | 548 | 124% | 1,099 | 365 | 201% | |||
Salesforce.com | 239 | 221 | 8% | 128 | 146 | -12% | 231 | 63 | 267% | 385 | (10) | NM | |||
Intuit | 235 | 193 | 22% | (14) | (37) | NM | (74) | (10) | NM | 1,617 | 1,439 | 12% | |||
Synopsys | 147 | 120 | 23% | 52 | 100 | -48% | 72 | 113 | -36% | 119 | 62 | 92% | |||
Veeva Systems | 69 | 42 | 64% | 68 | 44 | 55% | 56 | 41 | 37% | 46 | 39 | 18% | |||
AutoDesk | 33 | (198) | NM | 12 | (111) | NM | (23) | (126) | NM | (64) | (121) | NM | |||
Splunk | 14 | 33 | -58% | (54) | (30) | NM | (103) | (78) | NM | (120) | (114) | NM | |||
Palo Alto Networks | 2 | (24) | NM | (42) | (55) | NM | 8 | (31) | NM | (50) | (53) | NM | |||
DocuSign | (65) | (4) | NM | (59) | (14) | NM | (35) | (12) | NM | (270) | (20) | NM | |||
Marvell Technology | (69) | 59 | NM | (44) | 156 | -128% | (23) | 132 | -117% | 132 | 105 | 26% | |||
Workday | (105) | (88) | NM | (156) | (84) | NM | (87) | (81) | NM | (75) | (62) | NM | |||
Nutanix | (121) | (61) | NM | (98) | (59) | NM | (65) | (83) | NM | (87) | (94) | NM | |||
Dell Technologies | (275) | (623) | NM | (995) | (1,092) | NM | (468) | (1,210) | NM | (623) | (1,844) | NM | |||
Total 21 Techs With Jan Qtr Ends | 7,802 | 7,710 | 1% | 8,887 | 6,105 | 46% | 9,697 | 5,897 | 64% | 9,815 | 5,809 | 69% | |||
December 2018 Quarter Ends | |||||||||||||||
Apple | 23,906 | 27,030 | -12% | 16,421 | 13,917 | 18% | 13,284 | 11,308 | 17% | 16,168 | 14,684 | 10% | |||
Microsoft | 10,385 | 9,169 | 13% | 10,221 | 7,984 | 28% | 10,680 | 7,958 | 34% | 8,641 | 7,094 | 22% | |||
Alphabet | 10,072 | 8,018 | 26% | 10,083 | 7,979 | 26% | 4,215 | 4,377 | -4% | 10,543 | 6,819 | 55% | |||
7,971 | 7,462 | 7% | 5,912 | 5,236 | 13% | 5,868 | 4,488 | 31% | 5,610 | 3,408 | 65% | ||||
Intel | 5,635 | 6,035 | -7% | 7,142 | 5,930 | 20% | 5,529 | 4,572 | 21% | 5,011 | 3,815 | 31% | |||
International Business Machines | 4,434 | 4,469 | -1% | 2,996 | 3,065 | -2% | 2,776 | 2,443 | 14% | 1,136 | 1,424 | -20% | |||
Visa | 3,630 | 3,239 | 12% | 3,538 | 3,099 | 14% | 2,812 | 2,914 | -4% | 3,217 | 2,702 | 19% | |||
Amazon.com | 3,354 | 1,872 | 79% | 3,391 | 314 | 980% | 2,608 | 664 | 293% | 1,916 | 953 | 101% | |||
Texas Instruments | 1,503 | 1,550 | -3% | 1,924 | 1,789 | 8% | 1,706 | 1,486 | 15% | 1,553 | 1,255 | 24% | |||
Mastercard | 1,215 | 1,484 | -18% | 2,264 | 1,932 | 17% | 1,922 | 1,628 | 18% | 1,803 | 1,478 | 22% | |||
Cognizant Technology | 816 | 714 | 14% | 662 | 658 | 1% | 624 | 635 | -2% | 697 | 649 | 7% | |||
Activision Blizzard | 690 | 185 | 273% | 121 | 220 | -45% | 408 | 293 | 39% | 567 | 453 | 25% | |||
PayPal Holdings | 686 | 864 | -21% | 533 | 451 | 18% | 609 | 447 | 36% | 548 | 438 | 25% | |||
Lam Research | 660 | 734 | -10% | 591 | 688 | -14% | 958 | 603 | 59% | 772 | 531 | 45% | |||
Booking Holdings | 632 | 942 | -33% | 2,241 | 2,067 | 8% | 1,209 | 863 | 40% | 753 | 528 | 43% | |||
QUALCOMM | 559 | (60) | NM | (775) | 434 | -279% | 956 | 858 | 11% | 358 | 857 | -58% | |||
eBay | 516 | 561 | -8% | 948 | 694 | 37% | 707 | 462 | 53% | 547 | 558 | -2% | |||
DXC Technology | 469 | 341 | 38% | 332 | 284 | 17% | 360 | 91 | 296% | 661 | (187) | NM | |||
Motorola Solutions | 464 | 465 | 0% | 270 | 286 | -6% | 227 | 205 | 11% | 140 | 120 | 17% | |||
KLA-Tencor | 416 | 347 | 20% | 428 | 336 | 27% | 406 | 325 | 25% | 366 | 319 | 15% | |||
Seagate Technology | 398 | 371 | 7% | 468 | 188 | 149% | 466 | 120 | 288% | 393 | 212 | 85% | |||
Skyworks Solutions | 324 | 386 | -16% | 343 | 348 | -1% | 311 | 307 | 1% | 292 | 281 | 4% | |||
Qurate Retail | 287 | 483 | -41% | 88 | 45 | 96% | 223 | 250 | -11% | 285 | 272 | 5% | |||
Check Point Software | 267 | 280 | -5% | 243 | 237 | 3% | 240 | 233 | 3% | 228 | 221 | 3% | |||
Electronic Arts | 265 | (16) | NM | 276 | (38) | NM | 319 | 749 | -57% | 754 | 716 | 5% | |||
Xilinx | 257 | 167 | 54% | 239 | 194 | 23% | 213 | 171 | 25% | 186 | 171 | 9% | |||
IAC/Interactive | 237 | 55 | 331% | 153 | (54) | NM | 312 | 61 | 411% | 59 | 5 | 1080% | |||
Verisign | 234 | 142 | 65% | 178 | 150 | 19% | 165 | 160 | 3% | 152 | 148 | 3% | |||
First Data Corp | 219 | 339 | -35% | 502 | 234 | 115% | 365 | 271 | 35% | 161 | 91 | 77% | |||
207 | 94 | 120% | 87 | (18) | NM | 66 | (113) | NM | 64 | (58) | NM | ||||
CDW Corp | 207 | 184 | 13% | 238 | 207 | 15% | 230 | 195 | 18% | 166 | 75 | 121% | |||
Arista Networks | 198 | 142 | 39% | 189 | 142 | 33% | 163 | 117 | 39% | 143 | 74 | 93% | |||
ON Semiconductor | 189 | 121 | 56% | 216 | 168 | 29% | 193 | 143 | 35% | 157 | 115 | 37% | |||
Citrix Systems | 188 | 182 | 3% | 159 | 134 | 19% | 131 | 114 | 15% | 151 | 120 | 26% | |||
Juniper Networks | 188 | 200 | -6% | 152 | 226 | -33% | 151 | 245 | -38% | 41 | 141 | -71% | |||
Ansys | 185 | 102 | 81% | 95 | 108 | -12% | 110 | 100 | 10% | 97 | 86 | 13% | |||
Maxim Integrated Products | 183 | 198 | -8% | 234 | 181 | 29% | 224 | 196 | 14% | 222 | 170 | 31% | |||
Verisk Analytics | 180 | 179 | 1% | 193 | 181 | 7% | 185 | 170 | 9% | 162 | 161 | 1% | |||
F5 Networks | 165 | 144 | 15% | 159 | 154 | 3% | 154 | 142 | 8% | 146 | 140 | 4% | |||
Leidos Holding | 150 | 34 | 341% | 170 | 116 | 47% | 165 | 135 | 22% | 125 | 108 | 16% | |||
Amdocs Ltd | 135 | 122 | 11% | 65 | 130 | -50% | 102 | 131 | -22% | 132 | 133 | -1% | |||
Match Group | 135 | 102 | 32% | 122 | 62 | 97% | 143 | 54 | 165% | 87 | 34 | 156% | |||
Netflix | 119 | 131 | -9% | 379 | 116 | 227% | 429 | 14 | 2964% | 300 | 224 | 34% | |||
Akamai Technologies | 113 | 32 | 253% | 111 | 92 | 21% | 52 | 86 | -40% | 68 | 105 | -35% | |||
CoStar Group | 110 | 49 | 124% | 73 | 55 | 33% | 46 | 26 | 77% | 56 | 35 | 60% | |||
Cadence Design Systems | 109 | 77 | 42% | 100 | 87 | 15% | 90 | 77 | 17% | 78 | 74 | 5% | |||
SS&C Technologies | 109 | 87 | 25% | 118 | 75 | 57% | (164) | 62 | -365% | 62 | 58 | 7% | |||
IPG Photonics | 101 | 148 | -32% | 128 | 161 | -20% | 164 | 142 | 15% | 142 | 101 | 41% | |||
Symantec | 97 | 705 | -86% | 28 | (69) | NM | (73) | (134) | NM | (61) | (248) | NM | |||
Fortinet | 92 | 45 | 104% | 71 | 38 | 87% | 51 | 33 | 55% | 37 | 8 | 363% | |||
Jack Henry & Associates | 88 | 85 | 4% | 104 | 97 | 7% | 108 | 99 | 9% | 96 | 88 | 9% | |||
Western Digital | 81 | 774 | -90% | 583 | 710 | -18% | 729 | 415 | 76% | (128) | 304 | -142% | |||
Qorvo | 71 | 65 | 9% | 33 | 36 | -8% | (62) | (40) | NM | (44) | (37) | NM | |||
Take-Two Interactive | 60 | 12 | 400% | 31 | (14) | NM | 77 | 47 | 64% | 91 | 111 | -18% | |||
Expedia Group | 56 | 76 | -26% | 612 | 415 | 47% | (14) | 57 | -125% | (169) | (131) | NM | |||
Microchip Technology | 55 | 197 | -72% | (39) | 186 | -121% | 38 | 166 | -77% | 188 | 72 | 161% | |||
GoDaddy | 37 | 86 | -57% | 13 | 4 | 225% | 19 | 19 | 0% | 4 | (2) | NM | |||
ANGI Homeservices | 30 | (36) | NM | 32 | (113) | NM | 21 | (4) | NM | (13) | 0 | NM | |||
Atlassian Corp | 27 | (12) | NM | (240) | (20) | NM | (22) | (32) | NM | (8) | (23) | NM | |||
Ultimate Software Group | 24 | 20 | 20% | 17 | 14 | 21% | 21 | 7 | 200% | 22 | 3 | 633% | |||
PTC Inc | 20 | 23 | -13% | 1 | 5 | -80% | 10 | 1 | 900% | 12 | (1) | NM | |||
Advanced Micro Devices | 3 | (31) | NM | 114 | 83 | 37% | 122 | (39) | NM | 89 | (28) | NM | |||
ServiceNow | 2 | (13) | NM | 7 | (20) | NM | (41) | (58) | NM | (7) | (23) | NM | |||
Tableau Software | 2 | (40) | NM | (11) | (45) | NM | (14) | (41) | NM | (49) | (52) | NM | |||
GrubHub | (5) | 25 | -120% | 22 | 17 | 29% | 34 | 22 | 55% | 31 | 25 | 24% | |||
Dropbox | (7) | (39) | NM | (6) | (14) | NM | (3) | (26) | NM | (464) | (33) | NM | |||
Square Inc | (28) | (16) | NM | 21 | (17) | NM | (5) | (15) | NM | (24) | (15) | NM | |||
Twilio | (47) | (19) | NM | (27) | (23) | NM | (24) | (7) | NM | (24) | (14) | NM | |||
Carvana | (86) | (47) | NM | (64) | (40) | NM | (51) | (39) | NM | (53) | (38) | NM | |||
Zillow Group | (106) | (167) | NM | (15) | 9 | -267% | (14) | (22) | NM | (16) | (5) | NM | |||
Wayfair | (143) | (73) | NM | (151) | (76) | NM | (100) | (39) | NM | (108) | (56) | NM | |||
Snap | (192) | (353) | NM | (325) | (455) | NM | (352) | (443) | NM | (384) | (2,212) | NM | |||
Total 72 Techs With Dec Qtr Ends | 83,603 | 81,223 | 3% | 75,532 | 61,752 | 22% | 63,567 | 50,905 | 25% | 64,934 | 49,604 | 31% | |||
November 2018 Quarter Ends | |||||||||||||||
Micron Technology | 3,773 | 2,792 | 35% | 4,346 | 2,322 | 87% | 3,714 | 1,739 | 114% | 3,454 | 932 | 271% | |||
Oracle | 2,774 | 2,826 | -2% | 2,540 | 2,500 | 2% | 4,141 | 3,760 | 10% | 3,300 | 2,698 | 22% | |||
Adobe Systems | 699 | 643 | 9% | 701 | 541 | 30% | 691 | 493 | 40% | 703 | 461 | 52% | |||
Red Hat | 112 | 116 | -3% | 135 | 132 | 2% | 111 | 87 | 28% | 142 | 92 | 54% | |||
IHS Markit Ltd | 92 | 97 | -5% | 111 | 110 | 1% | 126 | 98 | 29% | 94 | 62 | 52% | |||
Total 5 Techs With Nov Qtr Ends | 7,450 | 6,474 | 15% | 7,833 | 5,605 | 40% | 8,783 | 6,177 | 42% | 7,693 | 4,245 | 81% | |||
Total all 98 US Technology Cos | 98,855 | 95,407 | 4% | 92,252 | 73,462 | 26% | 82,047 | 62,979 | 30% | 82,442 | 59,658 | 38% |
And the chart below shows the same information sorted by US State Headquarters.
US | US | US | US | US | US | US | US | |||||||||
GAAP | GAAP | GAAP | GAAP | GAAP | GAAP | GAAP | GAAP | |||||||||
Pretax | Pretax | Pretax | Pretax | Pretax | Pretax | Pretax | Pretax | |||||||||
Income | Income | Income | Income | Income | Income | Income | Income | |||||||||
(Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | |||||||||
Nov 18 | Nov 17 | Aug 18 | Aug 17 | May 18 | May 17 | Feb 18 | Feb 17 | |||||||||
Dec 18 | Dec 17 | Sept 18 | Sept 17 | June 18 | June 17 | Mar 18 | Mar 17 | |||||||||
or | or | Better | or | or | Better | or | or | Better | or | or | Better | |||||
US | Jan 19 | Jan 18 | (Worse) | Oct 18 | Oct 17 | (Worse) | July 18 | July 17 | (Worse) | Apr 18 | Apr 17 | (Worse) | ||||
State | US Technology Cos | Quarter | Quarter | % | Quarter | Quarter | % | Quarter | Quarter | % | Quarter | Quarter | % | |||
Hqs | Stock Market Caps > $10 Bil | End | End | Change | End | End | Change | End | End | Change | End | End | Change | |||
mils $ | mils $ | mils $ | mils $ | mils $ | mils $ | mils $ | mils $ | mils $ | ||||||||
California Tech Cos | ||||||||||||||||
CA | Apple | 23,906 | 27,030 | -12% | 16,421 | 13,917 | 18% | 13,284 | 11,308 | 17% | 16,168 | 14,684 | 10% | |||
CA | Alphabet | 10,072 | 8,018 | 26% | 10,083 | 7,979 | 26% | 4,215 | 4,377 | -4% | 10,543 | 6,819 | 55% | |||
CA | 7,971 | 7,462 | 7% | 5,912 | 5,236 | 13% | 5,868 | 4,488 | 31% | 5,610 | 3,408 | 65% | ||||
CA | Intel | 5,635 | 6,035 | -7% | 7,142 | 5,930 | 20% | 5,529 | 4,572 | 21% | 5,011 | 3,815 | 31% | |||
CA | Visa | 3,630 | 3,239 | 12% | 3,538 | 3,099 | 14% | 2,812 | 2,914 | -4% | 3,217 | 2,702 | 19% | |||
CA | Cisco Systems | 3,343 | 3,232 | 3% | 3,909 | 2,962 | 32% | 3,592 | 3,180 | 13% | 3,253 | 3,191 | 2% | |||
CA | Oracle | 2,774 | 2,826 | -2% | 2,540 | 2,500 | 2% | 4,141 | 3,760 | 10% | 3,300 | 2,698 | 22% | |||
CA | HP Inc | 900 | 905 | -1% | 1,007 | 848 | 19% | 1,018 | 899 | 13% | 83 | 754 | -89% | |||
CA | Applied Materials | 888 | 1,183 | -25% | 998 | 1,074 | -7% | 1,239 | 978 | 27% | 1,295 | 908 | 43% | |||
CA | Adobe Systems | 699 | 643 | 9% | 701 | 541 | 30% | 691 | 493 | 40% | 703 | 461 | 52% | |||
CA | Activision Blizzard | 690 | 185 | 273% | 121 | 220 | -45% | 408 | 293 | 39% | 567 | 453 | 25% | |||
CA | PayPal Holdings | 686 | 864 | -21% | 533 | 451 | 18% | 609 | 447 | 36% | 548 | 438 | 25% | |||
CA | Lam Research | 660 | 734 | -10% | 591 | 688 | -14% | 958 | 603 | 59% | 772 | 531 | 45% | |||
CA | Hewlett Packard Enterprises | 655 | (657) | NM | 576 | (301) | NM | 465 | 125 | 272% | (116) | 113 | -203% | |||
CA | VMWare | 591 | 625 | -5% | 345 | 413 | -16% | 772 | 494 | 56% | 1,175 | 281 | 318% | |||
CA | QUALCOMM | 559 | (60) | NM | (775) | 434 | -279% | 956 | 858 | 11% | 358 | 857 | -58% | |||
CA | eBay | 516 | 561 | -8% | 948 | 694 | 37% | 707 | 462 | 53% | 547 | 558 | -2% | |||
CA | KLA-Tencor | 416 | 347 | 20% | 428 | 336 | 27% | 406 | 325 | 25% | 366 | 319 | 15% | |||
CA | Seagate Technology | 398 | 371 | 7% | 468 | 188 | 149% | 466 | 120 | 288% | 393 | 212 | 85% | |||
CA | NVIDIA | 324 | 1,078 | -70% | 1,081 | 896 | 21% | 1,180 | 684 | 73% | 1,311 | 536 | 145% | |||
CA | NetApp | 319 | 504 | -37% | 293 | 222 | 32% | 272 | 145 | 88% | 303 | 248 | 22% | |||
CA | Broadcom Ltd | 278 | 795 | -65% | 1,422 | 645 | 120% | 1,229 | 548 | 124% | 1,099 | 365 | 201% | |||
CA | Check Point Software | 267 | 280 | -5% | 243 | 237 | 3% | 240 | 233 | 3% | 228 | 221 | 3% | |||
CA | Electronic Arts | 265 | (16) | NM | 276 | (38) | NM | 319 | 749 | -57% | 754 | 716 | 5% | |||
CA | Xilinx | 257 | 167 | 54% | 239 | 194 | 23% | 213 | 171 | 25% | 186 | 171 | 9% | |||
CA | Salesforce.com | 239 | 221 | 8% | 128 | 146 | -12% | 231 | 63 | 267% | 385 | (10) | NM | |||
CA | Intuit | 235 | 193 | 22% | (14) | (37) | NM | (74) | (10) | NM | 1,617 | 1,439 | 12% | |||
CA | 207 | 94 | 120% | 87 | (18) | NM | 66 | (113) | NM | 64 | (58) | NM | ||||
CA | Arista Networks | 198 | 142 | 39% | 189 | 142 | 33% | 163 | 117 | 39% | 143 | 74 | 93% | |||
CA | Juniper Networks | 188 | 200 | -6% | 152 | 226 | -33% | 151 | 245 | -38% | 41 | 141 | -71% | |||
CA | Maxim Integrated Products | 183 | 198 | -8% | 234 | 181 | 29% | 224 | 196 | 14% | 222 | 170 | 31% | |||
CA | Synopsys | 147 | 120 | 23% | 52 | 100 | -48% | 72 | 113 | -36% | 119 | 62 | 92% | |||
CA | Netflix | 119 | 131 | -9% | 379 | 116 | 227% | 429 | 14 | 2964% | 300 | 224 | 34% | |||
CA | Cadence Design Systems | 109 | 77 | 42% | 100 | 87 | 15% | 90 | 77 | 17% | 78 | 74 | 5% | |||
CA | Symantec | 97 | 705 | -86% | 28 | (69) | NM | (73) | (134) | NM | (61) | (248) | NM | |||
CA | Fortinet | 92 | 45 | 104% | 71 | 38 | 87% | 51 | 33 | 55% | 37 | 8 | 363% | |||
CA | Western Digital | 81 | 774 | -90% | 583 | 710 | -18% | 729 | 415 | 76% | (128) | 304 | -142% | |||
CA | Veeva Systems | 69 | 42 | 64% | 68 | 44 | 55% | 56 | 41 | 37% | 46 | 39 | 18% | |||
CA | AutoDesk | 33 | (198) | NM | 12 | (111) | NM | (23) | (126) | NM | (64) | (121) | NM | |||
CA | Atlassian Corp | 27 | (12) | NM | (240) | (20) | NM | (22) | (32) | NM | (8) | (23) | NM | |||
CA | Splunk | 14 | 33 | -58% | (54) | (30) | NM | (103) | (78) | NM | (120) | (114) | NM | |||
CA | Advanced Micro Devices | 3 | (31) | NM | 114 | 83 | 37% | 122 | (39) | NM | 89 | (28) | NM | |||
CA | ServiceNow | 2 | (13) | NM | 7 | (20) | NM | (41) | (58) | NM | (7) | (23) | NM | |||
CA | Palo Alto Networks | 2 | (24) | NM | (42) | (55) | NM | 8 | (31) | NM | (50) | (53) | NM | |||
CA | Dropbox | (7) | (39) | NM | (6) | (14) | NM | (3) | (26) | NM | (464) | (33) | NM | |||
CA | Square Inc | (28) | (16) | NM | 21 | (17) | NM | (5) | (15) | NM | (24) | (15) | NM | |||
CA | Twilio | (47) | (19) | NM | (27) | (23) | NM | (24) | (7) | NM | (24) | (14) | NM | |||
CA | DocuSign | (65) | (4) | NM | (59) | (14) | NM | (35) | (12) | NM | (270) | (20) | NM | |||
CA | Marvell Technology | (69) | 59 | -217% | (44) | 156 | -128% | (23) | 132 | -117% | 132 | 105 | 26% | |||
CA | Workday | (105) | (88) | NM | (156) | (84) | NM | (87) | (81) | NM | (75) | (62) | NM | |||
CA | Nutanix | (121) | (61) | NM | (98) | (59) | NM | (65) | (83) | NM | (87) | (94) | NM | |||
CA | Snap | (192) | (353) | NM | (325) | (455) | NM | (352) | (443) | NM | (384) | (2,212) | NM | |||
Total 52 California Tech Cos | 68,110 | 68,527 | -1% | 60,200 | 50,368 | 20% | 53,051 | 43,383 | 22% | 59,181 | 44,970 | 32% | ||||
Massachusetts Tech Cos | ||||||||||||||||
MA | Analog Devices | 400 | 375 | 7% | 458 | 382 | 20% | 441 | 127 | 247% | 402 | 87 | 362% | |||
MA | Skyworks Solutions | 324 | 386 | -16% | 343 | 348 | -1% | 311 | 307 | 1% | 292 | 281 | 4% | |||
MA | Akamai Technologies | 113 | 32 | 253% | 111 | 92 | 21% | 52 | 86 | -40% | 68 | 105 | -35% | |||
MA | IPG Photonics | 101 | 148 | -32% | 128 | 161 | -20% | 164 | 142 | 15% | 142 | 101 | 41% | |||
MA | PTC Inc | 20 | 23 | -13% | 1 | 5 | -80% | 10 | 1 | 900% | 12 | (1) | NM | |||
MA | Wayfair | (143) | (73) | NM | (151) | (76) | NM | (100) | (39) | NM | (108) | (56) | NM | |||
Total 6 Massachusetts Tech Cos | 815 | 891 | -9% | 890 | 912 | -2% | 878 | 624 | 41% | 808 | 517 | 56% | ||||
New York Tech Cos | ||||||||||||||||
NY | International Business Machines | 4,434 | 4,469 | -1% | 2,996 | 3,065 | -2% | 2,776 | 2,443 | 14% | 1,136 | 1,424 | -20% | |||
NY | Mastercard | 1,215 | 1,484 | -18% | 2,264 | 1,932 | 17% | 1,922 | 1,628 | 18% | 1,803 | 1,478 | 22% | |||
NY | IAC/Interactive | 237 | 55 | 331% | 153 | (54) | NM | 312 | 61 | 411% | 59 | 5 | 1080% | |||
NY | First Data Corp | 219 | 339 | -35% | 502 | 234 | 115% | 365 | 271 | 35% | 161 | 91 | 77% | |||
NY | Take-Two Interactive | 60 | 12 | 400% | 31 | (14) | NM | 77 | 47 | 64% | 91 | 111 | -18% | |||
NY | ANGI Homeservices | 30 | (36) | NM | 32 | (113) | NM | 21 | (4) | NM | (13) | 0 | NM | |||
Total 6 New York Tech Cos | 6,195 | 6,323 | -2% | 5,978 | 5,050 | 18% | 5,473 | 4,446 | 23% | 3,237 | 3,109 | 4% | ||||
Washington State Tech Cos | ||||||||||||||||
WA | Microsoft | 10,385 | 9,169 | 13% | 10,221 | 7,984 | 28% | 10,680 | 7,958 | 34% | 8,641 | 7,094 | 22% | |||
WA | Amazon.com | 3,354 | 1,872 | 79% | 3,391 | 314 | 980% | 2,608 | 664 | 293% | 1,916 | 953 | 101% | |||
WA | F5 Networks | 165 | 144 | 15% | 159 | 154 | 3% | 154 | 142 | 8% | 146 | 140 | 4% | |||
WA | Expedia Group | 56 | 76 | -26% | 612 | 415 | 47% | (14) | 57 | -125% | (169) | (131) | NM | |||
WA | Tableau Software | 2 | (40) | NM | (11) | (45) | NM | (14) | (41) | NM | (49) | (52) | NM | |||
WA | Zillow Group | (106) | (167) | NM | (15) | 9 | -267% | (14) | (22) | NM | (16) | (5) | NM | |||
Total 6 Washington State Tech Cos | 13,856 | 11,054 | 25% | 14,357 | 8,831 | 63% | 13,400 | 8,758 | 53% | 10,469 | 7,999 | 31% | ||||
Tech Cos in Other US States | ||||||||||||||||
AZ | ON Semiconductor | 189 | 121 | 56% | 216 | 168 | 29% | 193 | 143 | 35% | 157 | 115 | 37% | |||
AZ | Microchip Technology | 55 | 197 | -72% | (39) | 186 | -121% | 38 | 166 | -77% | 188 | 72 | 161% | |||
AZ | GoDaddy | 37 | 86 | -57% | 13 | 4 | 225% | 19 | 19 | 0% | 4 | (2) | NM | |||
AZ | Carvana | (86) | (47) | NM | (64) | (40) | NM | (51) | (39) | NM | (53) | (38) | NM | |||
CO | Qurate Retail | 287 | 483 | -41% | 88 | 45 | 96% | 223 | 250 | -11% | 285 | 272 | 5% | |||
CO | IHS Markit Ltd | 92 | 97 | -5% | 111 | 110 | 1% | 126 | 98 | 29% | 94 | 62 | 52% | |||
CT | Booking Holdings | 632 | 942 | -33% | 2,241 | 2,067 | 8% | 1,209 | 863 | 40% | 753 | 528 | 43% | |||
CT | SS&C Technologies | 109 | 87 | 25% | 118 | 75 | 57% | (164) | 62 | -365% | 62 | 58 | 7% | |||
DC | CoStar Group | 110 | 49 | 124% | 73 | 55 | 33% | 46 | 26 | 77% | 56 | 35 | 60% | |||
FL | Citrix Systems | 188 | 182 | 3% | 159 | 134 | 19% | 131 | 114 | 15% | 151 | 120 | 26% | |||
FL | Ultimate Software Group | 24 | 20 | 20% | 17 | 14 | 21% | 21 | 7 | 200% | 22 | 3 | 633% | |||
ID | Micron Technology | 3,773 | 2,792 | 35% | 4,346 | 2,322 | 87% | 3,714 | 1,739 | 114% | 3,454 | 932 | 271% | |||
IL | Motorola Solutions | 464 | 465 | 0% | 270 | 286 | -6% | 227 | 205 | 11% | 140 | 120 | 17% | |||
IL | CDW Corp | 207 | 184 | 13% | 238 | 207 | 15% | 230 | 195 | 18% | 166 | 75 | 121% | |||
IL | GrubHub | (5) | 25 | -120% | 22 | 17 | 29% | 34 | 22 | 55% | 31 | 25 | 24% | |||
MO | Amdocs Ltd | 135 | 122 | 11% | 65 | 130 | -50% | 102 | 131 | -22% | 132 | 133 | -1% | |||
MO | Jack Henry & Associates | 88 | 85 | 4% | 104 | 97 | 7% | 108 | 99 | 9% | 96 | 88 | 9% | |||
NC | Red Hat | 112 | 116 | -3% | 135 | 132 | 2% | 111 | 87 | 28% | 142 | 92 | 54% | |||
NC | Qorvo | 71 | 65 | 9% | 33 | 36 | -8% | (62) | (40) | NM | (44) | (37) | NM | |||
NJ | Cognizant Technology | 816 | 714 | 14% | 662 | 658 | 1% | 624 | 635 | -2% | 697 | 649 | 7% | |||
NJ | Verisk Analytics | 180 | 179 | 1% | 193 | 181 | 7% | 185 | 170 | 9% | 162 | 161 | 1% | |||
PA | Ansys | 185 | 102 | 81% | 95 | 108 | -12% | 110 | 100 | 10% | 97 | 86 | 13% | |||
TX | Texas Instruments | 1,503 | 1,550 | -3% | 1,924 | 1,789 | 8% | 1,706 | 1,486 | 15% | 1,553 | 1,255 | 24% | |||
TX | Match Group | 135 | 102 | 32% | 122 | 62 | 97% | 143 | 54 | 165% | 87 | 34 | 156% | |||
TX | Dell Technologies | (275) | (623) | NM | (995) | (1,092) | NM | (468) | (1,210) | NM | (623) | (1,844) | NM | |||
VA | DXC Technology | 469 | 341 | 38% | 332 | 284 | 17% | 360 | 91 | 296% | 661 | (187) | NM | |||
VA | Verisign | 234 | 142 | 65% | 178 | 150 | 19% | 165 | 160 | 3% | 152 | 148 | 3% | |||
VA | Leidos Holding | 150 | 34 | 341% | 170 | 116 | 47% | 165 | 135 | 22% | 125 | 108 | 16% | |||
Total 28 Tech Cos in Other US States | 9,879 | 8,612 | 15% | 10,827 | 8,301 | 30% | 9,245 | 5,768 | 60% | 8,747 | 3,063 | 186% | ||||
Total all 98 US Technology Cos | 98,855 | 95,407 | 4% | 92,252 | 73,462 | 26% | 82,047 | 62,979 | 30% | 82,442 | 59,658 | 38% |