Technology companies with the highest free cash flow

Free cash flow is operating cash flow minus capital expenditure: what is left once the company has paid to maintain and expand its asset base. We calculate it from two lines in the same filing, and a company is only ranked here if it reported both. Figures are for fiscal year 2025 and are read directly from each company's SEC filings; the source column on every row links to the document.

Ranks 1–100 of 469 · Fiscal year 2025 · Data as of September 25, 2026

Apple (AAPL) tops the list with $98.8B in free cash flow for fiscal 2025, ahead of NVIDIA ($96.7B) and Alphabet ($73.3B). The top 10 together report $482B in free cash flow; the gap between #1 and #10 is ×6.86. 469 companies in Technology report free cash flow, 22.5% of the 2084-filer universe. The last place on the list, Qnity Electronics, comes in at $988M.

Free cash flow
#CompanyFree cash flowYoY15-year trend
1AppleAAPLUS$98.8B−9.2%
2NVIDIANVDAUS$96.7B+58.9%
3AlphabetGOOGLUS$73.3B+0.7%
4MicrosoftMSFTUS$71.6B−3.3%
5Meta PlatformsMETAUS$46.1B−14.7%
6BroadcomAVGOUS$26.9B+38.6%
7VisaVUS$21.6B+15.4%
8MastercardMAUS$17.2B+19.9%
9PDD HoldingsPDDIE$15.3B+103.0%
10SalesforceCRMUS$14.4B+15.8%
11Cisco SystemsCSCOUS$13.3B+30.1%
12QualcommQCOMUS$12.8B+14.9%
13International Business MachinesIBMUS$12.1B−2.4%
14AccentureACNIE$10.9B+26.2%
15MercadolibreMELIUY$10.8B+52.6%
16AdobeADBEUS$9.9B+25.1%
17Uber TechnologiesUBERUS$9.8B+41.6%
18Dell TechnologiesDELLUS$8.6B+357.6%
19Wise GroupWSEGB$7.5B+32.8%
20General ElectricGEUS$7.3B+97.5%
21NetEaseNTESCN$7.1B+35.0%
22Advanced Micro DevicesAMDUS$6.7B+180.0%
23Thermo Fisher ScientificTMOUS$6.3B−13.4%
24IntuitINTUUS$6.1B+30.5%
25Applied MaterialsAMATUS$5.7B−23.9%
26PayPal HoldingsPYPLUS$5.6B−17.8%
27DanaherDHRUS$5.3B−0.7%
28ServiceNowNOWUS$4.6B+34.0%
29AmphenolAPHUS$4.4B+103.7%
30FiservFISVUS$4.3B−15.1%
31Analog DevicesADIUS$4.3B+37.0%
32Arista NetworksANETUS$4.3B+15.7%
33ApplovinAPPUS$4.0B+98.1%
34KlaKLACUS$3.7B+23.6%
35RelxRELXGB$3.7B+12.2%
36GE VernovaGEVUS$3.7B+118.2%
37Palo Alto NetworksPANWUS$3.5B+11.9%
38Ericsson LM TelephoneERICSE$3.1B−25.5%
39Trane TechnologiesTTIE$2.8B+1.3%
40HPHPQUS$2.8B−11.3%
41WorkdayWDAYUS$2.8B+26.7%
42Emerson ElectricEMRUS$2.7B−8.4%
43Texas InstrumentsTXNUS$2.6B+73.8%
44Cognizant Technology SolutionsCTSHUS$2.6B+42.0%
45Motorola SolutionsMSIUS$2.6B+20.5%
46Roper TechnologiesROPUS$2.5B+16.5%
47Fidelity National Information ServicesFISUS$2.5B+18.1%
48BlockXYZUS$2.4B+56.1%
49NXP SemiconductorsNXPINL$2.4B+17.9%
50AutodeskADSKUS$2.4B+53.7%
51FortinetFTNTUS$2.2B+18.4%
52DoorDashDASHUS$2.2B+7.2%
53Palantir TechnologiesPLTRUS$2.1B+84.1%
54Global PaymentsGPNUS$2.0B−14.4%
55ShopifySHOPCA$2.0B+25.7%
56Trip.com GroupTCOMSG$1.9B−25.5%
57Zoom CommunicationsZMUS$1.9B+6.4%
58Vertiv HoldingsVRTUS$1.9B+64.3%
59NetAppNTAPUS$1.9B+39.7%
60AmetekAMEUS$1.7B−1.8%
61Micron TechnologyMUUS$1.7B+1,278.5%
62SS&C TechnologiesSSNCUS$1.7B+25.4%
63Leidos HoldingsLDOSUS$1.6B+26.4%
64Cadence Design SystemsCDNSUS$1.6B+41.9%
65GodaddyGDDYUS$1.6B+24.9%
66MSCIMSCIUS$1.5B+5.5%
67Super Micro ComputerSMCIUS$1.5B+$4.1B
68Gen DigitalGENUS$1.5B+26.3%
69Otis WorldwideOTISUS$1.4B+0.5%
70eBayEBAYUS$1.4B−26.7%
71onsemiONUS$1.4B+17.0%
72AtlassianTEAMUS$1.4B+0.0%
73Veeva SystemsVEEVUS$1.4B+43.6%
74Marvell TechnologyMRVLUS$1.4B−0.0%
75Rockwell AutomationROKUS$1.4B+112.5%
76RobloxRBLXUS$1.4B+110.9%
77SynopsysSNPSUS$1.3B+6.4%
78Crowdstrike HoldingsCRWDUS$1.3B+16.3%
79CorpayCPAYUS$1.3B−26.4%
80Keysight TechnologiesKEYSUS$1.3B+42.7%
81PinterestPINSUS$1.3B+33.2%
82Verisk AnalyticsVRSKUS$1.2B+29.5%
83First SolarFSLRUS$1.2B+$1.5B
84Check Point Software TechnologiesCHKPUS$1.2B+14.1%
85JabilJBLUS$1.2B+25.8%
86Agilent TechnologiesAUS$1.2B−16.1%
87Broadridge Financial SolutionsBRUS$1.1B+12.9%
88SnowflakeSNOWUS$1.1B+22.6%
89Skyworks SolutionsSWKSUS$1.1B−33.7%
90Flutter EntertainmentFLUTUS$1.1B−26.0%
91VerisignVRSNUS$1.1B+22.2%
92DocusignDOCUUS$1.1B+15.0%
93FlexFLEXUS$1.1B−1.4%
94DXC TechnologyDXCUS$1.0B−9.9%
95Match GroupMTCHUS$1.0B+16.0%
96VeraltoVLTOUS$1.0B+23.7%
97Akamai TechnologiesAKAMUS$1.0B−10.4%
98GlobalfoundriesGFSUS$1.0B−8.0%
99DatadogDDOGUS$1.0B+19.7%
100Qnity ElectronicsQUS$988M+14.8%

All figures from SEC filings · FY2025 · 100

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{{cite web |title=Technology companies with the highest free cash flow |url=https://companiesranked.com/en/technology-companies-with-the-highest-free-cash-flow |website=CompaniesRanked |date=2026-09-25 |language=en}}

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@misc{companiesranked-en-technology-companies-with-the-highest-free-cash-flow-2026,
  author       = {{CompaniesRanked}},
  title        = {{Technology companies with the highest free cash flow}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/technology-companies-with-the-highest-free-cash-flow}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

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