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.98.1B mcap
83Q - 2
KSPIJoint Stock Company Kaspi.kz17.4B mcap
72Q - 3
DBXDropbox, Inc.7.0B mcap
70Q - 4
ATENA10 Networks, Inc.2.1B mcap
69Q - 5
VRSNVeriSign, Inc.28.2B mcap
68Q - 6
DLODLocal Limited3.5B mcap
67Q - 7
FFIVF5, Inc.22.2B mcap
65Q - 8
QLYSQualys, Inc.3.6B mcap
64Q - 9
MSFTMicrosoft Corporation3.11T mcap
64Q - 10
CHKPCheck Point Software Technologies Ltd.13.9B mcap
60Q - 11
GCTGigaCloud Technology Inc.1.4B mcap
59Q - 12
GDDYGoDaddy Inc.12.0B mcap
59Q - 13
PLTRPalantir Technologies Inc.314.3B mcap
58Q - 14
PAYPPayPay Corporation12.8B mcap
57Q - 15
NTNXNutanix, Inc.12.5B mcap
57Q - 16
GENVRGen Digital Inc. Contingent Value Rights930M mcap
57Q - 17
ODDOddity Tech Ltd.701M mcap
57Q - 18
OKTAOkta, Inc.15.5B mcap
56Q - 19
AKAMAkamai Technologies, Inc.21.4B mcap
56Q - 20
GENGen Digital Inc.15.0B mcap
55Q - 21
PAGSPagSeguro Digital Ltd.2.6B mcap
54Q - 22
CCCCCC Intelligent Solutions Holdings Inc.2.7B mcap
54Q - 23
SNPSSynopsys, Inc.100.5B mcap
53Q - 24
NTCTNetScout Systems, Inc.2.9B mcap
51Q - 25
RELYRemitly Global, Inc.4.5B mcap
51Q - 26
SPSCSPS Commerce, Inc.2.0B mcap
51Q - 27
WEXWEX Inc.5.2B mcap
50Q - 28
CPAYCorpay, Inc.22.7B mcap
50Q - 29
ORCLOracle Corporation552.4B mcap
50Q - 30
CSGSCSG Systems International, Inc.2.3B mcap
49Q - 31
ACIWACI Worldwide, Inc.4.3B mcap
49Q - 32
PGYPagaya Technologies Ltd.1.1B mcap
48Q - 33
PATHUiPath Inc.5.9B mcap
48Q - 34
CLBTCellebrite DI Ltd.3.3B mcap
48Q - 35
CCSIConsensus Cloud Solutions, Inc.518M mcap
48Q - 36
WIXWix.com Ltd.2.9B mcap
48Q - 37
FOURShift4 Payments, Inc.3.9B mcap
48Q - 38
DOXAmdocs Limited6.7B mcap
47Q - 39
BOXBox, Inc.3.6B mcap
47Q - 40
AFRMAffirm Holdings, Inc.21.8B mcap
47Q - 41
TENBTenable Holdings, Inc.2.8B mcap
47Q - 42
FIVNFive9, Inc.1.7B mcap
47Q - 43
XYZBlock, Inc.40.5B mcap
46Q - 44
PAYOPayoneer Global Inc.1.7B mcap
46Q - 45
EEFTEuronet Worldwide, Inc.2.5B mcap
46Q - 46
TUYATuya Inc.1.3B mcap
45Q - 47
EVTCEVERTEC, Inc.1.5B mcap
45Q - 48
WRDWeRide Inc.2.3B mcap
45Q - 49
TDCTeradata Corporation3.1B mcap
45Q - 50
AVPTAvePoint, Inc.2.2B 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.