The 10 tech companies that have grown their revenues fastest (Mar 2022)
Published in
2 min readMar 11, 2022
The last year has seen a lot of activity — we come out of Covid (fingers crossed) but the markets have taken a step back. One year returns for the Nasdaq are now negative.
But some tech companies have continued to shine with blockbuster revenue growth. These tech companies (all with at least $100m in revenue and $10bn in market cap) have outgrown their peers.
Zillow has rode the wave of record housing prices while Coinbase was boosted by a boom in crypto trading.
Interesting observations —
- Seven out of ten have notched revenue growth of >100% — or more than doubling over the year.
- Five out of eight have negative one year stock performance, despite the revenue growth (two haven’t been around for a year yet).
- Three out of ten are also in our highest valuation list (Snowflake, Bill.com and Datadog).
Interestingly, valuations and returns haven’t quite been as impressive as revenue growth.