Technology - Quarterly Net Income Analysis

Last updated 2025-04-25 20:31:45 (EDT)

Quarterly Net Income Trend Analysis

Overall Quarterly Net Income Growth Trend of Technology Sector Companies.

Trend Chart of Adjusted Quarterly Net Income vs. Stock Price Trend Chart for Technology Sector ETF (XLK)

FindBillion.com

Seasonally Adjusted Quarterly Net Income Growth Rate


QoQ Growth Rate of Net Income	15.9%
YoY Growth Rate of Net Income	37.8%

Correlation Analysis between Quarterly Revenue and Stock Price

Determine the correlation between the stock price of the Technology Sector ETF (XLK) and the seasonally adjusted overall quarterly net income of Technology sector companies. If there is a moderate to high correlation, the overall seasonally adjusted quarterly revenue can be used to estimate whether the stock price is reasonable.

Scatter Plot of Technology Seasonally Adjusted Quarterly Net Income vs. Stock Price for Technology Sector

Technology Seasonally Adjusted Quarterly Net Income and stock price of Technology Sector show a High Correlation. The higher the correlation, the greater the reference value.

The Coefficient of Determination
between Technology Seasonally Adjusted Quarterly Net Income and Stock Price

High Correlation 0.77

FindBillion.com

Related Stocks

Related Technology sector stocks, along with their quarterly revenue growth rates (QoQ and YoY).

Ticker	Name	QoQ Growth Rate of Seasonally Adjusted Quarterly Revenue	YoY Growth Rate of Seasonally Adjusted Quarterly Revenue
AFRM	Affirm Holdings, Inc.	Turn Losses into Profits	Turn Loss into Profit
ALAB	Astera Labs, Inc. Common Stock	Turn Losses into Profits	72.5%
AMTM	Amentum Holdings, Inc.	Turn Losses into Profits	6.2%
BILI	Bilibili Inc.	Turn Losses into Profits	Turn Loss into Profit
CRDO	Credo Technology Group Holding Ltd	Turn Losses into Profits	6759.8%
GLW	Corning Incorporated	Turn Losses into Profits	Turn Loss into Profit
INFA	Informatica Inc.	Turn Losses into Profits	-84.8%
KD	Kyndryl Holdings, Inc.	Turn Losses into Profits	Turn Loss into Profit
KEYS	Keysight Technologies, Inc.	Turn Losses into Profits	-1.7%
LYFT	Lyft, Inc.	Turn Losses into Profits	Turn Loss into Profit
MDB	MongoDB, Inc.	Turn Losses into Profits	Turn Loss into Profit
MNDY	monday.com Ltd.	Turn Losses into Profits	86.5%
MRVL	Marvell Technology, Inc.	Turn Losses into Profits	Turn Loss into Profit
PATH	UiPath Inc.	Turn Losses into Profits	52.7%
QRVO	Qorvo, Inc.	Turn Losses into Profits	Turn Loss into Profit
QTWO	Q2 Holdings, Inc.	Turn Losses into Profits	Turn Loss into Profit
SATS	EchoStar Corporation	Turn Losses into Profits	Turn Loss into Profit
CWAN	Clearwater Analytics Holdings, Inc.	12433.3%	Turn Loss into Profit
MPWR	Monolithic Power Systems, Inc.	1108.2%	1395.7%
DT	Dynatrace, Inc.	683.5%	747.4%
HOOD	Robinhood Markets, Inc.	590%	2953.3%
XYZ	Block, Inc.	431.9%	992.8%
IDCC	InterDigital, Inc.	380.9%	240.6%
DAY	Dayforce Inc	283.5%	-76.3%
TEL	TE Connectivity Ltd.	253.4%	242.5%
WAY	Waystar Holding Corp.	252.5%	Turn Loss into Profit
OTEX	Open Text Corporation	218%	510.1%
RMBS	Rambus Inc.	207.9%	6.2%
WIX	Wix.com Ltd.	201.1%	1525.7%
CIEN	Ciena Corporation	183.3%	-10%
COHR	Coherent, Inc.	181.7%	Turn Loss into Profit
DLB	Dolby Laboratories, Inc.	181.2%	537.6%
AKAM	Akamai Technologies, Inc.	175.7%	-13.2%
LSCC	Lattice Semiconductor Corporation	175.1%	-83.3%
CRM	Salesforce, Inc.	155.7%	18.1%
SWKS	Skyworks Solutions, Inc.	147.3%	-30%
BR	Broadridge Financial Solutions, Inc.	127.7%	102.6%
TRMB	Trimble Inc.	123.3%	43.2%
SHOP	Shopify Inc.	113.6%	96.8%
DELL	Dell Technologies Inc.	98.1%	32.2%
NTES	NetEase, Inc.	90.1%	33.2%
JNPR	Juniper Networks, Inc.	88.7%	30.3%
MKSI	MKS Instruments, Inc.	80.3%	Turn Loss into Profit
NXPI	NXP Semiconductors N.V.	74.9%	-23.3%
EA	Electronic Arts Inc.	73.1%	1%
PEGA	Pegasystems Inc.	70.9%	Turn Loss into Profit
JBL	Jabil Inc.	69.4%	-87.4%
OKTA	Okta, Inc.	64.3%	Turn Loss into Profit
FOUR	Shift4 Payments, Inc.	63.4%	746.7%
APP	AppLovin Corporation	62.2%	247.9%
WDC	Western Digital Corporation	60%	Turn Loss into Profit
PCTY	Paylocity Holding Corporation	59.6%	-1.7%
INTU	Intuit Inc.	58.5%	33.4%
ERIC	Telefonaktiebolaget LM Ericsson (publ)	49.3%	62.1%
AAPL	Apple Inc.	48.1%	7.1%
PAYC	Paycom Software, Inc.	46.7%	38.9%
TER	Teradyne, Inc.	44.4%	24.9%
ONTO	Onto Innovation Inc.	43.6%	61.1%
ASML	ASML Holding N.V.	37.9%	92.4%
TYL	Tyler Technologies, Inc.	37.3%	49.6%
DOX	Amdocs Limited	36%	2.1%
UI	Ubiquiti Inc.	33%	66.6%
SSNC	SS&C Technologies Holdings, Inc.	31.3%	35.2%
SNX	TD SYNNEX Corporation	29.5%	-2.7%
SPSC	SPS Commerce, Inc.	29.2%	23.3%
TDY	Teledyne Technologies Incorporated	29.1%	5.7%
SAIC	Science Applications International Corporation	28.9%	151.3%
EXLS	ExlService Holdings, Inc.	28.8%	25.8%
ADBE	Adobe Inc.	26%	192.1%
NTNX	Nutanix, Inc.	25.7%	72.1%
DOCU	DocuSign, Inc.	22.4%	206.5%
BMI	Badger Meter, Inc.	19.8%	31.8%
FICO	Fair Isaac Corporation	19.5%	26%
NTAP	NetApp, Inc.	19%	-4.5%
ENTG	Entegris, Inc.	18.4%	169.2%
ZM	Zoom Video Communications, Inc.	17.1%	23.1%
NVDA	NVIDIA Corporation	15.7%	79.8%
NOW	ServiceNow, Inc.	15.7%	32.6%
ANSS	ANSYS, Inc.	15.3%	2.9%
MSFT	Microsoft Corporation	14.3%	10.2%
KSPI	Joint Stock Company Kaspi.kz	14%	27.7%
CTSH	Cognizant Technology Solutions Corporation	12.3%	-2.2%
FIS	Fidelity National Information Services, Inc.	11.2%	35.9%
TSM	Taiwan Semiconductor Manufacturing Company Limited	10.1%	60.3%
KLAC	KLA Corporation	9.6%	41.5%
CACI	CACI International Inc	8.8%	-3%
AVGO	Broadcom Inc.	8.3%	315.3%
FFIV	F5, Inc.	8%	22.3%
TTD	The Trade Desk, Inc.	7.9%	87.2%
CRUS	Cirrus Logic, Inc.	7%	-16.4%
ANET	Arista Networks, Inc.	6.4%	30.5%
VRSN	VeriSign, Inc.	6.3%	2.7%
FN	Fabrinet	5.5%	25.4%
CSCO	Cisco Systems, Inc.	5.4%	-7.8%
MANH	Manhattan Associates, Inc.	5.2%	-2.3%
FLEX	Flex Ltd.	4.4%	33.5%
G	Genpact Limited	2.4%	-51.3%
UMC	United Microelectronics Corporation	2.4%	-25.6%
LRCX	Lam Research Corporation	2%	37.8%
CHKP	Check Point Software Technologies Ltd.	1.8%	3.8%
DSGX	The Descartes Systems Group Inc.	1.2%	17.4%
WIT	Wipro Limited	-0.7%	24.5%
INFY	Infosys Limited	-0.9%	9.7%
APH	Amphenol Corporation	-1%	34.5%
GIB	CGI Inc.	-4.6%	12.5%
QCOM	QUALCOMM Incorporated	-5.3%	14.9%
TXN	Texas Instruments Incorporated	-6.1%	6.7%
PTC	PTC Inc.	-9.2%	23.9%
MSI	Motorola Solutions, Inc.	-9.3%	2.5%
GRMN	Garmin Ltd.	-10.5%	-19.6%
FTNT	Fortinet, Inc.	-10.9%	69.3%
CDW	CDW Corporation	-11.2%	-10.8%
ARW	Arrow Electronics, Inc.	-11.4%	-49%
EPAM	EPAM Systems, Inc.	-11.6%	5.9%
STX	Seagate Technology Holdings plc	-11.6%	Turn Loss into Profit
CPAY	Corpay, Inc.	-11.8%	-3.9%
CDNS	Cadence Design Systems, Inc.	-12.7%	10.5%
ACN	Accenture plc	-13.4%	6.8%
FI	Fiserv, Inc.	-13.8%	15.8%
JKHY	Jack Henry & Associates, Inc.	-14.8%	6.4%
ADI	Analog Devices, Inc.	-14.9%	-15.4%
NVMI	Nova Ltd.	-15.2%	32.6%
GLOB	Globant S.A.	-16.3%	-7.3%
ASX	ASE Technology Holding Co., Ltd.	-16.8%	-0.9%
LOGI	Logitech International S.A.	-17.3%	-18.2%
ORCL	Oracle Corporation	-18.6%	22.3%
SAP	SAP SE	-19.1%	21.9%
GDDY	GoDaddy Inc.	-19.3%	-82.2%
AMAT	Applied Materials, Inc.	-21.4%	-41.3%
DBX	Dropbox, Inc.	-23%	-54.8%
ZBRA	Zebra Technologies Corporation	-23.7%	858.8%
MU	Micron Technology, Inc.	-24.7%	99.6%
DUOL	Duolingo, Inc.	-25.1%	14.8%
SONY	Sony Group Corporation	-27.3%	2.7%
SMCI	Super Micro Computer, Inc.	-28.8%	8.3%
NICE	NICE Ltd.	-31.5%	21.9%
IBM	International Business Machines Corporation	-32.5%	-34.3%
CCCS	CCC Intelligent Solutions Holdings Inc.	-34.1%	-80.8%
UBER	Uber Technologies, Inc.	-35.1%	381.7%
HPQ	HP Inc.	-36.6%	-9.2%
CLS	Celestica Inc.	-37.9%	-15.2%
LDOS	Leidos Holdings, Inc.	-38.4%	24%
PANW	Palo Alto Networks, Inc.	-39.2%	-84.7%
HUBS	HubSpot, Inc.	-39.8%	Turn Loss into Profit
AMD	Advanced Micro Devices, Inc.	-42.4%	-27.7%
ON	ON Semiconductor Corporation	-44.2%	-32.5%
FTV	Fortive Corporation	-45.9%	-21.3%
TOST	Toast, Inc.	-46.6%	Turn Loss into Profit
HPE	Hewlett Packard Enterprise Company	-47%	54.5%
ADSK	Autodesk, Inc.	-47.4%	7.4%
ITRI	Itron, Inc.	-50.7%	30.9%
OLED	Universal Display Corporation	-51.9%	-25.7%
BSY	Bentley Systems, Incorporated	-54.2%	-72.1%
WDAY	Workday, Inc.	-55.2%	-92.1%
GRAB	Grab Holdings Limited	-55.5%	-22.9%
PSTG	Pure Storage, Inc.	-62.5%	-35.2%
PLTR	Palantir Technologies Inc.	-62.5%	-15.4%
IT	Gartner, Inc.	-66%	91%
GEN	Gen Digital Inc.	-72.2%	10.4%
APPF	AppFolio, Inc.	-72.2%	-18.8%
SNPS	Synopsys, Inc.	-72.2%	-34.2%
ACIW	ACI Worldwide, Inc.	-73.7%	-19.6%
STM	STMicroelectronics N.V.	-73.7%	-89.1%
GTLB	GitLab Inc.	-73.8%	Turn Loss into Profit
CVLT	Commvault Systems, Inc.	-77.8%	-35.7%
DDOG	Datadog, Inc.	-82.7%	-15.6%
ARM	Arm Holdings plc American Depositary Shares	-100%	189.7%
CYBR	CyberArk Software Ltd.	-100%	-100%
GFS	GLOBALFOUNDRIES Inc.	-100%	-100%
GWRE	Guidewire Software, Inc.	-100%	-100%
MCHP	Microchip Technology Incorporated	-100%	-100%
MTSI	MACOM Technology Solutions Holdings, Inc.	-100%	-100%
NOK	Nokia Oyj	-100%	-100%
QXO	QXO Inc	-100%	2592.8%
SRAD	Sportradar Group AG	-100%	-100%
VERX	Vertex, Inc.	-100%	-100%
ASTS	AST SpaceMobile, Inc.	-	-
AUR	Aurora Innovation, Inc.	-	-
CFLT	Confluent, Inc.	-	-
CRWD	CrowdStrike Holdings, Inc.	-	-100%
ESTC	Elastic N.V.	-	-100%
INTC	Intel Corporation	-	-
IONQ	IonQ, Inc.	-	-
IOT	Samsara Inc.	-	-
KVYO	Klaviyo, Inc.	-	-
MSTR	MicroStrategy Incorporated	-	-100%
NET	Cloudflare, Inc.	-	-
PCOR	Procore Technologies, Inc.	-	-
RBLX	Roblox Corporation	-	-
RBRK	Rubrik, Inc.	-	-
S	SentinelOne, Inc.	-	-
SAIL	SailPoint, Inc.	-	-
SNOW	Snowflake Inc.	-	-
TEAM	Atlassian Corporation	-	-
TTWO	Take-Two Interactive Software, Inc.	-	-
U	Unity Software Inc.	-	-
VRNS	Varonis Systems, Inc.	-	-100%
ZS	Zscaler, Inc.	-	-
SNDK	Sandisk Corporation	-	-
TTAN	ServiceTitan, Inc.	-	-

Disclaimer

1. The information provided is for reference only and does not constitute any guarantee of profits or specific stock and price point recommendations.

2. The information is not complete; for comprehensive data, please refer to the relevant websites.

3. All stock market data analyses are subject to survivorship bias.