SaaS Multiples Index

powered by Blossom Street Ventures
Last updated: October 16, 2026 at 4:45 PM ET 74 tickers Export CSV
Company Ticker Rev Mult. Ent. Value Mkt Cap LTM Rev Rev Growth LTM EBITDA EBITDA Margin LTM Op CF Debt Cash
Box, Inc. BOX 4.5x $5.5B $5.4B $1.2B +9.2% $0.1B +10.7% $0.4B $0.6B $0.4B
Five9, Inc. FIVN 2.2x $2.6B $2.4B $1.2B +10.3% $0.2B +12.6% $0.2B $0.8B $0.7B
HubSpot, Inc. HUBS 3.0x $10.4B $11.5B $3.4B +19.8% $0.2B +4.5% $0.8B $0.2B $1.3B
Qualys, Inc. QLYS 8.5x $6.0B $6.4B $0.7B +11.0% $0.3B +36.2% $0.3B $0.1B $0.4B
Ringcentral, Inc. RNG 2.8x $7.4B $6.3B $2.6B +5.9% $0.4B +16.0% $0.6B $1.2B $0.1B
Salesforce, Inc. CRM 5.2x $229.1B $198.1B $43.9B +10.8% $12.9B +29.4% $15.0B $42.4B $11.4B
ServiceNow, Inc. NOW 10.2x $150.6B $146.8B $14.7B +24.0% $2.9B +19.7% $5.4B $8.5B $4.7B
SPS Commerce, Inc. SPSC 3.8x $2.9B $3.1B $0.8B +5.6% $0.2B +23.7% $0.2B $0.0B $0.2B
Veeva Systems Inc. VEEV 12.5x $43.2B $50.3B $3.5B +17.6% $1.1B +31.1% $1.4B $0.2B $7.2B
Wix.com Ltd. WIX 2.0x $4.2B $3.1B $2.1B +14.9% $-0.1B -6.9% $0.6B $2.0B $1.0B
Workday, Inc. WDAY 4.6x $46.4B $46.0B $10.2B +12.8% $1.6B +15.6% $2.9B $3.8B $3.4B
AppFolio, Inc. APPF 7.0x $7.3B $7.5B $1.0B +19.3% $0.2B +18.7% $0.2B $0.0B $0.2B
Atlassian Corporation TEAM 8.0x $52.6B $52.6B $6.6B +27.6% $0.4B +6.6% $1.4B $1.2B $1.2B
Twilio Inc. TWLO 6.4x $35.9B $37.5B $5.6B +22.0% $0.5B +9.0% $1.0B $1.1B $2.7B
Shopify Inc. SHOP 16.1x $213.3B $218.1B $13.3B +33.7% $2.4B +18.0% $2.0B $0.2B $4.9B
Nutanix, Inc. NTNX 6.1x $17.3B $18.1B $2.9B +15.9% $0.4B +13.0% $0.9B $1.5B $2.4B
BlackLine, Inc. BL 2.6x $1.9B $1.7B $0.7B +9.2% $0.1B +8.8% $0.2B $0.7B $0.5B
Okta, Inc. OKTA 9.9x $30.5B $32.7B $3.1B +10.6% $0.3B +10.4% $0.9B $0.1B $2.3B
Alarm.com Holdings, Inc. ALRM 2.7x $2.9B $2.8B $1.1B +9.2% $0.2B +15.8% $0.2B $0.6B $0.5B
Appian Corporation APPN 3.9x $3.1B $2.9B $0.8B +19.1% $0.0B +5.0% $0.1B $0.3B $0.2B
Blackbaud, Inc. BLKB 3.0x $3.5B $2.3B $1.1B +3.0% $0.3B +23.3% $0.3B $1.2B $0.0B
HealthStream, Inc. HSTM 3.0x $1.0B $1.0B $0.3B +12.5% $0.0B +14.0% $0.1B $0.0B $0.1B
Ziff Davis, Inc. ZD 0.9x $1.2B $2.0B $1.4B -2.7% $0.4B +28.4% $0.4B $0.9B $1.6B
Paycom Software, Inc. PAYC 5.7x $12.1B $11.3B $2.1B +9.8% $0.7B +34.3% $0.7B $1.0B $0.2B
Paylocity Holding Corporation PCTY 4.9x $8.7B $8.8B $1.8B +11.0% $0.4B +24.2% $0.5B $0.1B $0.3B
Q2 Holdings, Inc. QTWO 4.5x $3.8B $3.9B $0.8B +12.6% $0.1B +13.5% $0.2B $0.0B $0.1B
The Trade Desk, Inc. TTD 1.6x $4.7B $5.8B $3.0B +3.0% $0.7B +23.3% $1.0B $0.4B $1.5B
Workiva Inc. WK 4.4x $4.2B $4.2B $1.0B +18.6% $0.0B +4.4% $0.1B $0.8B $0.8B
Adobe Inc. ADBE 3.7x $96.6B $95.4B $26.0B +12.9% $9.9B +38.2% $10.0B $6.8B $5.6B
Microsoft Corporation MSFT 12.0x $3980.5B $3928.5B $331.8B +17.7% $194.2B +58.5% $182.9B $128.8B $76.8B
MongoDB, Inc. MDB 8.9x $24.8B $27.2B $2.8B +30.5% $0.0B +0.5% $0.5B $0.1B $2.4B
Dropbox, Inc. DBX 4.2x $10.6B $7.7B $2.5B +0.9% $0.8B +32.8% $1.0B $4.0B $1.1B
DocuSign, Inc. DOCU 4.0x $13.4B $14.0B $3.4B +9.4% $0.4B +13.1% $1.2B $0.2B $0.8B
Zscaler, Inc. ZS 9.6x $32.2B $33.8B $3.4B +24.9% $0.0B +1.3% $1.1B $1.9B $3.5B
Zoom Communications, Inc. ZM 4.1x $20.3B $27.5B $5.0B +4.9% $1.3B +26.7% $2.0B $0.1B $7.2B
CrowdStrike Holdings, Inc. CRWD 42.4x $228.6B $232.8B $5.4B +25.8% $0.1B +2.0% $1.6B $0.8B $5.0B
Dynatrace, Inc. DT 8.0x $16.7B $17.7B $2.1B +16.2% $0.3B +13.9% $0.6B $0.2B $1.1B
Datadog, Inc. DDOG 21.4x $85.0B $88.7B $4.0B +35.6% $0.1B +2.1% $1.1B $1.3B $5.0B
Cloudflare, Inc. NET 41.7x $104.9B $105.5B $2.5B +35.9% $-0.0B -0.1% $0.6B $3.5B $4.2B
Sprout Social, Inc SPT 1.3x $0.6B $0.7B $0.5B +10.8% $-0.0B -2.9% $0.0B $0.0B $0.1B
BILL Holdings, Inc. BILL 2.7x $4.5B $4.5B $1.7B +13.8% $0.1B +6.1% $0.4B $1.9B $1.9B
ZoomInfo Technologies Inc. GTM 2.0x $2.5B $1.1B $1.3B +1.2% $0.3B +26.9% $0.5B $1.5B $0.2B
Snowflake Inc. SNOW 20.0x $108.7B $108.3B $5.4B +35.1% $-1.0B -19.1% $1.2B $2.8B $2.3B
Unity Software Inc. U 8.7x $17.7B $17.8B $2.0B +23.9% $0.1B +7.2% $0.4B $2.3B $2.4B
JFrog Ltd. FROG 16.0x $9.6B $10.4B $0.6B +28.7% $-0.0B -6.8% $0.1B $0.0B $0.8B
Palantir Technologies Inc. PLTR 71.1x $437.8B $447.0B $6.2B +92.8% $2.7B +43.3% $2.1B $0.2B $9.4B
Certara, Inc. CERT 3.7x $1.5B $1.4B $0.4B +1.0% $0.1B +22.3% $0.1B $0.3B $0.2B
DigitalOcean Holdings, Inc. DOCN 12.6x $12.7B $11.5B $1.0B +28.6% $0.3B +30.5% $0.3B $2.0B $0.8B
Similarweb Ltd. SMWB 2.4x $0.7B $0.7B $0.3B +8.8% $-0.0B -2.1% $0.0B $0.0B $0.1B
UiPath, Inc. PATH 3.2x $5.5B $6.7B $1.7B +13.4% $0.2B +10.7% $0.4B $0.1B $1.3B
Alkami Technology, Inc. ALKT 3.6x $1.7B $1.5B $0.5B +15.9% $-0.0B -4.5% $0.0B $0.4B $0.1B
DoubleVerify Holdings, Inc. DV 2.6x $2.0B $2.1B $0.8B +2.5% $0.1B +18.7% $0.2B $0.1B $0.2B
Procore Technologies, Inc. PCOR 5.7x $8.1B $8.7B $1.4B +15.8% $0.1B +4.6% $0.3B $0.1B $0.7B
Sprinklr, Inc. CXM 1.1x $0.9B $1.4B $0.9B +0.8% $0.1B +5.9% $0.2B $0.0B $0.5B
monday.com Ltd. MNDY 2.2x $3.0B $3.8B $1.4B +21.9% $0.1B +3.7% $0.3B $0.2B $1.1B
Zeta Global Holdings Corp. ZETA 5.0x $7.9B $8.0B $1.6B +43.5% $0.1B +7.4% $0.2B $0.2B $0.3B
Doximity, Inc. DOCS 7.4x $4.8B $5.5B $0.7B +7.3% $0.2B +31.8% $0.3B $0.0B $0.7B
SentinelOne, Inc. S 6.2x $6.9B $7.5B $1.1B +20.6% $-0.2B -21.6% $0.1B $0.0B $0.7B
EverCommerce Inc. EVCM 3.4x $2.1B $1.7B $0.6B +2.7% $0.1B +20.6% $0.1B $0.5B $0.1B
Blend Labs, Inc. BLND 1.3x $0.2B $0.2B $0.1B +7.0% $-0.0B -11.2% $0.0B $0.0B $0.0B
Freshworks Inc. FRSH 3.3x $3.0B $3.6B $0.9B +16.0% $0.1B +6.4% $0.2B $0.0B $0.7B
Amplitude, Inc. AMPL 4.6x $1.7B $1.8B $0.4B +21.2% $-0.1B -25.7% $0.0B $0.0B $0.1B
GitLab Inc. GTLB 7.1x $7.5B $8.8B $1.1B +21.3% $-0.1B -5.6% $0.2B $0.0B $1.3B
Backblaze, Inc. BLZE 3.6x $0.6B $0.5B $0.2B +17.7% $0.0B +2.0% $0.0B $0.1B $0.0B
Weave Communications, Inc. WEAV 2.2x $0.6B $0.6B $0.3B +15.5% $-0.0B -3.7% $0.0B $0.1B $0.1B
Braze, Inc. BRZE 3.6x $3.0B $3.3B $0.8B +26.2% $-0.1B -10.3% $0.1B $0.1B $0.4B
Samsara Inc. IOT 12.1x $22.4B $23.2B $1.8B +29.9% $0.0B +1.7% $0.2B $0.1B $0.8B
Klaviyo, Inc. Series A KVYO 3.0x $4.1B $4.9B $1.4B +26.4% $-0.0B -0.8% $0.2B $0.1B $0.8B
Rubrik, Inc. RBRK 14.6x $22.5B $23.1B $1.5B +37.9% $-0.3B -17.1% $0.3B $1.1B $1.7B
Waystar Holding Corp. WAY 5.4x $6.5B $5.2B $1.2B +18.1% $0.4B +36.0% $0.3B $1.5B $0.2B
ServiceTitan, Inc. TTAN 6.4x $6.8B $7.2B $1.1B +20.9% $-0.1B -7.0% $0.1B $0.0B $0.5B
SailPoint, Inc. SAIL 8.9x $10.4B $10.7B $1.2B +16.8% $-0.0B -0.8% $0.1B $0.0B $0.3B
Figma, Inc. FIG 7.7x $9.9B $11.5B $1.3B +48.2% $-1.6B -122.0% $0.3B $0.1B $1.7B
Netskope, Inc. NTSK 9.3x $7.4B $7.8B $0.8B +29.2% $-0.7B -89.8% $0.0B $0.7B $1.1B
Summary Statistics
Rev Mult.Ent. ValueMkt CapLTM RevRev GrowthLTM EBITDAEBITDA MarginLTM Op CFDebtCash
All — Median 4.6x $7.3B $7.5B $1.4B +16.0% $0.1B +8.9% $0.3B $0.2B $0.8B
All — Average 7.9x $84.8B $84.2B $7.6B +18.0% $3.2B +7.9% $3.4B $3.2B $2.7B
Above Median Growth Companies
Rev Mult.Ent. ValueMkt CapLTM RevRev GrowthLTM EBITDAEBITDA MarginLTM Op CFDebtCash
Above Median Growth — Median (n=37) 8.0x $10.4B $11.5B $1.5B +24.0% $0.0B +2.1% $0.3B $0.2B $1.1B
Above Median Growth — Average (n=37) 12.1x $154.2B $153.8B $11.7B +27.4% $5.5B +0.2% $5.6B $4.3B $4.0B
Top 30 Fastest Growing Companies
Rev Mult.Ent. ValueMkt CapLTM RevRev GrowthLTM EBITDAEBITDA MarginLTM Op CFDebtCash
Top 30 Fastest Growing — Median 8.4x $11.6B $11.5B $1.6B +26.3% $0.0B +1.8% $0.3B $0.2B $1.2B
Top 30 Fastest Growing — Average 13.1x $54.8B $55.8B $3.1B +29.8% $0.2B -4.7% $0.7B $1.0B $2.1B
Top 30 Most Profitable Companies
Rev Mult.Ent. ValueMkt CapLTM RevRev GrowthLTM EBITDAEBITDA MarginLTM Op CFDebtCash
Top 30 Most Profitable — Median 4.5x $7.3B $6.9B $1.6B +10.9% $0.4B +23.9% $0.5B $0.5B $0.6B
Top 30 Most Profitable — Average 7.9x $178.0B $175.8B $16.1B +13.5% $7.9B +26.2% $7.7B $6.9B $4.7B