Best Infrastructure Software Stocks
Cloud platforms, databases, security, DevOps tooling. Stickier than application software once embedded - switching out an infrastructure layer is months of engineering work.
Industry leader
Fortinet, Inc. FTNT
Buffett-Fit: 83/100
What drives this industry
Infrastructure Software has the strongest switching-cost moat in tech - once a database or cloud platform is embedded, ripping it out costs months of engineering and operational risk. ROIC above 30% is achievable here because incremental dollars of revenue come at near-zero marginal cost. Watch capex/revenue: heavy investment in datacenter buildout compresses near-term FCF but compounds the moat.
Top 50 ranked by Buffett-Fit
Sorted by composite quality score - ROIC, margin stability, balance-sheet strength, growth quality. Click any ticker for the full Buffett verdict.
- 1
FTNTFortinet, Inc.101.1B mcap
83Q - 2
KSPIJoint Stock Company Kaspi.kz17.2B mcap
72Q - 3
DBXDropbox, Inc.6.3B mcap
70Q - 4
ATENA10 Networks, Inc.2.2B mcap
69Q - 5
VRSNVeriSign, Inc.26.0B mcap
68Q - 6
DLODLocal Limited3.5B mcap
67Q - 7
QLYSQualys, Inc.3.8B mcap
64Q - 8
MSFTMicrosoft Corporation3.34T mcap
64Q - 9
FFIVF5, Inc.21.6B mcap
63Q - 10
NTNXNutanix, Inc.14.0B mcap
60Q - 11
CHKPCheck Point Software Technologies Ltd.14.0B mcap
60Q - 12
GCTGigaCloud Technology Inc.1.3B mcap
59Q - 13
GDDYGoDaddy Inc.11.4B mcap
59Q - 144704.TTrend Micro Incorporated
779.9B mcap
59Q - 15
PLTRPalantir Technologies Inc.375.3B mcap
58Q - 16
PAYPPayPay Corporation13.2B mcap
57Q - 17
ODDOddity Tech Ltd.776M mcap
57Q - 18
AKAMAkamai Technologies, Inc.21.7B mcap
56Q - 19
GENGen Digital Inc.15.5B mcap
55Q - 20
CCCCCC Intelligent Solutions Holdings Inc.2.8B mcap
54Q - 21
OKTAOkta, Inc.21.4B mcap
54Q - 22
PAGSPagSeguro Digital Ltd.2.6B mcap
54Q - 23
SNPSSynopsys, Inc.91.1B mcap
53Q - 24
RPDRapid7, Inc.560M mcap
52Q - 25
NTCTNetScout Systems, Inc.3.0B mcap
52Q - 26
RELYRemitly Global, Inc.4.2B mcap
51Q - 27
XYZBlock, Inc.45.1B mcap
51Q - 28
SPSCSPS Commerce, Inc.2.1B mcap
51Q - 29
ORCLOracle Corporation649.4B mcap
51Q - 30
WEXWEX Inc.5.0B mcap
50Q - 31
CPAYCorpay, Inc.23.6B mcap
50Q - 32
ACIWACI Worldwide, Inc.4.4B mcap
49Q - 33
CSGSCSG Systems International, Inc.2.3B mcap
49Q - 34
PGYPagaya Technologies Ltd.1.3B mcap
48Q - 35
CLBTCellebrite DI Ltd.3.7B mcap
48Q - 36
CCSIConsensus Cloud Solutions, Inc.632M mcap
48Q - 37
FOURShift4 Payments, Inc.4.4B mcap
48Q - 38
WIXWix.com Ltd.2.3B mcap
48Q - 39
DOXAmdocs Limited6.7B mcap
47Q - 40
BOXBox, Inc.3.7B mcap
47Q - 41
AFRMAffirm Holdings, Inc.24.7B mcap
47Q - 42
FIVNFive9, Inc.1.9B mcap
47Q - 43
PATHUiPath Inc.6.1B mcap
47Q - 44
EEFTEuronet Worldwide, Inc.2.8B mcap
46Q - 45
PAYOPayoneer Global Inc.1.7B mcap
46Q - 46
TUYATuya Inc.1.3B mcap
45Q - 47
AVPTAvePoint, Inc.2.3B mcap
45Q - 48
EVTCEVERTEC, Inc.1.5B mcap
45Q - 49
TDCTeradata Corporation3.2B mcap
45Q - 50
WRDWeRide Inc.2.5B mcap
45Q
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Key terms in this analysis
Educational framework analysis only. Not investment advice, not a recommendation, not personalized to your situation. Always do your own research.