Historical source-based research. Compilation date and financial period are different dates.

Observation

Across 18 eligible technology companies, the equal-weight median revenue growth was 18.97% for the latest selected annual periods.

Data context

The eligible sample covers 18 of 18 selected companies. The latest selected annual periods span 2025-08-28 to 2026-07-31. Companies have different fiscal year ends. This is a cross-sectional research sample, not a calendar-year index or a representation of the full sector.

Company evidence

NVDA 65.47% (period 2026-01-25); AAPL 6.43% (period 2025-09-27); MSFT 17.79% (period 2026-06-30); AVGO 23.87% (period 2025-11-02); MU 48.85% (period 2025-08-28); AMD 34.34% (period 2025-12-27); INTC -0.47% (period 2025-12-27); ORCL 17.35% (period 2026-05-31); CSCO 11.78% (period 2026-07-25); PLTR 56.18% (period 2025-12-31); DELL 18.80% (period 2026-01-30); AMAT 4.39% (period 2025-10-26); PANW 24.50% (period 2026-07-31); CRWD 21.71% (period 2026-01-31); ANET 28.60% (period 2025-12-31); TXN 13.05% (period 2025-12-31); IBM 7.62% (period 2025-12-31); CRM 19.13% (period 2026-01-31).

Distribution

The sample range is -0.47% (INTC) to 65.47% (NVDA). The median is computed across company ratios with equal weight; it is not a ratio of aggregate totals. Extreme values can reflect a small denominator or unusual accounting items.

Interpretation

Product cycles, recurring software revenue and infrastructure investment shape this broad group. Hardware and software businesses have different cost structures. Revenue growth uses the next older annual observation as its denominator; only positive base revenue qualifies. No missing value is replaced with zero.

What to watch

Revenue mix, research spending, inventory and cash conversion.

Research limitations

Customer concentration, product transitions, export restrictions and the durability of capital spending. The sample uses a September 18, 2026 source snapshot. It does not establish current market conditions, causal drivers or future returns. Sector labels are editorial and the financial-sector cash-flow measures need particular caution.

Company-level observations / percent / selected annual periods
CompanyValuePeriod end
NVDA65.47%2026-01-25
AAPL6.43%2025-09-27
MSFT17.79%2026-06-30
AVGO23.87%2025-11-02
MU48.85%2025-08-28
AMD34.34%2025-12-27
INTC-0.47%2025-12-27
ORCL17.35%2026-05-31
CSCO11.78%2026-07-25
PLTR56.18%2025-12-31
DELL18.80%2026-01-30
AMAT4.39%2025-10-26
PANW24.50%2026-07-31
CRWD21.71%2026-01-31
ANET28.60%2025-12-31
TXN13.05%2025-12-31
IBM7.62%2025-12-31
CRM19.13%2026-01-31

Sources & dates

Methodology protocol ↗SMS research updates ↗