By the StockSemáforo model · Updated September 11, 2026

Best software and SaaS stocks

Subscription software (SaaS) is arguably the best business model there is: gross margins of 70-90%, revenue that renews itself every year, and a near-zero marginal cost to serve one more customer. The catch is the bottom line: many spend so much on sales and R&D to grow that accounting profit takes years to show up — so look at cash generation before earnings here, and don't confuse «losing money» with «not making money».

This ranking sorts by fundamental quality, not by whether a stock is cheap or expensive: an excellent company can be expensive. To find the fair price, enter its quote in the analyzer. The scores recompute on their own with each new SEC filing.

95

quality /100

Margin 64.6%ROE 139.4%Growth 32.6%Debt/EBITDA 0.09x

AppLovin is a mobile-app advertising platform: its AI engine decides which ad to show each user to maximize installs and purchases, mostly in games.

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94

quality /100

Margin 49%ROE 30.9%Growth 37%FCF 54.6%Debt/EBITDA -0.76x

Palantir sells software platforms that help governments and large companies analyze huge amounts of data to make decisions.

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3

PTC

PTC

93

quality /100

Margin 41.4%ROE 35.3%Growth 13.1%FCF 31.7%Debt/EBITDA 0.88x

PTC sells the software engineers use to design physical products: CAD for modeling parts and PLM for managing the whole product lifecycle, from blueprint to factory.

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92

quality /100

Margin 40.3%ROE 30.2%Growth 14.6%FCF 20.2%Debt/EBITDA 0.1x

Microsoft is one of the world's largest tech companies.

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5

Intuit

INTU

90

quality /100

Margin 21.3%ROE 24%Growth 17.4%FCF 40.4%Debt/EBITDA 0.49x

Intuit makes financial software for individuals and small businesses.

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89

quality /100

Margin 9.8%ROE 19.2%Growth 16.5%FCF 35.7%Debt/EBITDA -1.01x

DocuSign is the standard for e-signatures: contracts, mortgages and agreements that once required paper and couriers get signed in minutes from any device.

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85

quality /100

Margin 11.3%ROE 13.3%Growth 24%FCF 31.1%Debt/EBITDA 1.82x

ServiceNow sells cloud software that helps large enterprises automate their internal workflows — from IT support to human resources and customer service.

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8

85

quality /100

Margin 12.3%ROE 19.4%Growth 16.8%FCF 28%Debt/EBITDA 1.77x

Workday sells cloud software for managing people and money: payroll, HR and accounting for large companies.

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9

Okta

OKTA

85

quality /100

Margin 9.6%ROE 4.2%Growth 26.8%FCF 31.9%Debt/EBITDA -3.11x

Okta manages companies' digital identities: who each employee or customer is and what they can access.

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10

Adobe

ADBE

84

quality /100

Margin 28.7%ROE 62.8%Growth 13%FCF 40.8%Debt/EBITDA 0.18x

Adobe is the leader in content-creation software: Photoshop, Illustrator, Acrobat (PDF) and design and marketing tools.

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Best stocks by sector

Technology · Financial · Healthcare · Industrial · Consumer · Energy · Materials · Utilities · Artificial intelligence · Cybersecurity · Semiconductors · Defense · Banks · Insurance · Telecom & media · Real estate

How is the score computed? Read how the traffic light works or explore all company analyses.

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Who's behind the methodology and model · how the score is computed

Data: official SEC filings (EDGAR) · Recomputed on September 11, 2026

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