Q1 2026 Data

Heading

Q1 2026	Ticker	Revenue	YOYG	Operating Income	Net Dollar Retention	Operating Margin	Cash Efficiency	Revenue/Burn	Rule of 40	High G Rule of 40
Mongo DB	MDB	$666	25%	-$25	---	-4%	$4.36	26.85x	22%	22%
Dropbox	DBX	$630	1%	$173	---	27%	profitable	profitable	28%	---
Zuora	ZUO	---	---	---	---	---	---	---	---	---
Docusign	DOCU	$830	9%	$111	---	13%	profitable	profitable	22%	---
SmartSheet	SMAR	---	---	---	---	---	---	---	---	---
Zscaler	ZS	$850	25%	-$30	;---	26%	$2.80	28.73x	51%	51%
Momentiv	MNTV	---	---	---	---	---	---	---	---	---
PagerDuty	PD	$121	1%	$9	97%	8%	profitable	profitable	8%	---
Zoom Video	ZM	$1,239	5%	$310	---	25%	profitable	profitable	30%	---
Fastly	FSLY	$173	20%	-$24	113%	-14%	$1.09	7.21x	6%	---
Crowdstrike	CRWD	$1,385	26%	-$31	---	-2%	$5.66	45.26x	23%	23%
DynaTrace	DT					18%	no growth	---	18%	---
Health Catalyst	HCAT	---	---	---	---	---	---	---	---	---
Ping Identity	PING	---	---	---	---	---	---	---	---	---
DataDog	DDOG	$1,006	32%	$7	120%	1%	$39.28	profitable	33%	33%
Cloudflare	NET	$640	34%	-$62	118%	-10%	$2.98	10.32x	24%	24%
Sprout Social	SPT	$120	11%	-$6	---	-5%	$1.14	20.69x	6%	---
Bill.com	BILL	$406	13%	$0	---	14%	$3.14	1017.54x	28%	---
Zoominfo	ZI	$310	1%	$58	90%	19%	profitable	profitable	20%	---
Snowflake	SNOW	$1,391	33%	-$326	126%	-23%	$1.06	4.27x	10%	10%
Unity Software	U	$508	17%	-$351	---	-69%	$0.42	1.45x	-52%	---
Sumo Logic	SUMO	---	---	---	---	---	---	---	---	---
Jfrog	FROG	$154	26%	-$13	120%	-8%	$1.55	11.94x	18%	18%
Palantir	PLTR	$1,633	85%	$754	---	46%	profitable	profitable	131%	131%
Asana	ASAN	---	---	---	---	---	---	---	---	---
Datto	MSP	---	---	---	---	---	---	---	---	---
PubMatic	PUBM	---	---	---	---	---	---	---	---	---
C3.ai	AI	---	---	---	---	---	---	---	---	---
Certara	CERT	$107	1%	-$4	106%	-4%	profitable	26.75x	-3%	---
Qualtrics	XM	---	---	---	---	---	---	---	---	---
ON24	ONTF	---	---	---	---	---	---	---	---	---
Viant	DSP	$89	25%	-$4	---	-4%	profitable	22.25x	21%	21%
Olo	OLO	---	---	---	---	---	---	---	---	---
DigitalOcean	DOCN	$258	22%	$37	101%	14%	profitable	profitable	36%	36%
SEMrush	SEMR	---	---	---	---	---	---	---	---	---
UiPath	PATH	$126	29%	-$6	---	-5%	$13.75	21.00x	24%	24%
Alkami	ALKT	$181	10%	$16	---	9%	$14.92	profitable	19%	---
DoubleVerify	DV	$181	10%	$16	109%	9%	profitable	profitable	19%	---
SquareSpace	SQSP	---	---	---	---	---	---	---	---	---
ZipRecruiter	ZIP	---	---	---	---	---	---	---	---	---
Procore	PCOR	$359	16%	-$16	107%	-4%	$1.86	22.44x	12%	---
Sprinklr	CXM	$219	7%	$11	---	5%	profitable	profitable	12%	---
Zeta Global	ZETA	$396	50%	-$19	---	-5%	profitable	21.06x	45%	45%
Doximity	DOCS	$145	13%	$24	109%	10%	profitable	profitable	23%	---
Confluent	CFLT	---	---	---	---	---	---	---	---	---
SentinelOne	S	$277	21%	-$80	---	-29%	$0.61	3.46x	-8%	---
EverCommerce	EVCM	$147	3%	$13	95%	9%	profitable	profitable	12%	---
Couchbase	BASE	---	---	---	---	---	---	---	---	---
Kaltura	KLTR	---	---	---	---	---	---	---	---	---
Blend Labs	BLND	$31	15%	-$5	---	-16%	$0.91	6.20x	-1%	---
MeridianLink	MLNK	---	---	---	---	---	---	---	---	---
Powerschool Holdings	PWSC	---	---	---	---	---	---	---	---	---
Fresh Works	FRSH	$229	17%	-$8	106%	-3%	profitable	28.63x	14%	---
Definitive Healthcare	DH	---	---	---	---	---	---	---	---	---
ForgeRock	FORG	---	---	---	---	---	---	---	---	---
Amplitude	AMPL	$93	17%	-$24	105%	-26%	$0.62	3.88x	-9%	---
Gitlab	GTLB	$264	23%	-$16	117%	-6%	$3.82	16.50x	17%	17%
Enfusion	ENFN	---	---	---	---	---	---	---	---	---
avidxchange	AVDX	---	---	---	---	---	---	---	---	---
Informatica	INFA	---	---	---	---	---	---	---	---	---
BackBlaze	BLZE	$39	12%	-$5	103%	-13%	$0.90	7.80x	-1%	---
Expensify	EXFY	---	---	---	---	---	---	---	---	---
Weave	WEAV	$66	17%	-$6	92%	-9%	$1.21	11.00x	8%	---
Braze	BRZE	$211	30%	-$27	110%	-13%	$1.49	7.81x	17%	17%
UserTesting	USER	---	---	---	---	---	---	---	---	---
Hashicorp	HCP	---	---	---	---	---	---	---	---	---
Samsara	IOT	$479	31%	$7	---	1%	$36.49	profitable	32%	32%
Klaviyo	KVYO	$358	28%	$2	110%	1%	$7.47	profitable	29%	29%
Rubrik	RBRK	$387	39%	-$53	120%	-14%	$1.42	7.30x	25%	25%
Waystar	WAY	$314	22%	$80	111%	25%	profitable	profitable	47%	47%
Onestream	OS	---	---	---	---	---	---	---	---	---
ServiceTitan	TTAN	$269	25%	-$26	110%	-10%	$1.47	10.35x	15%	15%
Sailpoint	SAIL	$280	22%	-$80	113%	-29%	$0.98	3.50x	-7%	-7%
Figma	FIG	$333	46%	-$137	139%	-41%	---	2.43x	5%	5%
Netskope	NTSK	$202	22%	-$109	113%	-54%	---	1.85x	-32%	-32%


MEDIAN		$273.0	22%	-$5.9	110%	-4%	$1.52	10.67x	18%	24%
Average		$411.4	21%	$3.1	110%	-3%	---	---	18%	27%