IRIS Market · Fundamentals · SEC filings · 2026-11-06
The fundamentals.
Growth, EBITDA, cash burn, go-to-market efficiency. Real numbers from the 10-Ks and 10-Qs of 23 public tech companies: the benchmarks every startup gets measured against.
| # | Company | Revenue (FY) | Revenue growth (FY) | Growth · latest quarter | EBITDA margin | FCF margin | Rule of 40 ↓ | S&M / revenue | Cash + ST investments | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | PLTR Palantir | $4.48B | 56% | 96% | 32% | 47% | 103 | 24% | $10.56B | |
| 2 | DUOL Duolingo | $1.04B | 39% | 14% | 14% | 36% | 74 | 12% | $1.24B | |
| 3 | RBLX Roblox | $4.89B | 36% | 16% | −21% | 28% | 63 | 5% | $3.20B | |
| 4 | DDOG Datadog | $3.43B | 28% | 35% | 0% | 29% | 57 | 28% | $5.23B | |
| 5 | SNOW Snowflake | $4.68B | 29% | 35% | −26% | 24% | 53 | 44% | $2.34B | |
| 6 | GTLB GitLab | $955M | 26% | 21% | −7% | 23% | 49 | 46% | $226M | |
| 7 | ABNB Airbnb | $12.24B | 10% | 19% | — | 38% | 48 | 21% | $12.59B | |
| 8 | ZM Zoom | $4.87B | 4% | 5% | 26% | 40% | 44 | 29% | $7.25B | |
| 9 | DASH DoorDash | $13.72B | 28% | 34% | 11% | 16% | 44 | 18% | $5.98B | |
| 10 | COIN Coinbase | $7.18B | 9% | −35% | 23% | 34% | 43 | 15% | $8.82B | |
| 11 | NET Cloudflare | $2.17B | 30% | 39% | −1% | 13% | 43 | 42% | $5.13B | |
| 12 | MDB MongoDB | $2.46B | 23% | 30% | −5% | 20% | 43 | 38% | $2.41B | |
| 13 | IOT Samsara | $1.62B | 30% | 30% | −2% | 13% | 42 | 42% | $291M | |
| 14 | OKTA Okta | $2.92B | 12% | 11% | — | 30% | 42 | 35% | $2.30B | |
| 15 | HUBS HubSpot | $3.13B | 19% | 17% | 5% | 23% | 42 | 44% | $1.30B | |
| 16 | DOCU DocuSign | $3.22B | 8% | 9% | 13% | 33% | 41 | 37% | $528M | |
| 17 | TOST Toast | $6.15B | 24% | 21% | 6% | 11% | 35 | 9% | $1.20B | |
| 18 | PATH UiPath | $1.61B | 13% | 13% | 5% | 22% | 35 | 42% | $1.28B | |
| 19 | TWLO Twilio | $5.07B | 14% | 20% | 7% | 20% | 33 | 17% | $2.89B | |
| 20 | LYFT Lyft | $5.90B | 10% | 11% | −1% | 20% | 30 | 15% | $1.79B | |
| 21 | CFLT Confluent | $1.17B | 21% | 19% | −30% | 5% | 26 | 51% | $2.05B | |
| 22 | U Unity | $1.85B | 2% | 32% | −1% | 22% | 24 | 35% | $2.65B | |
| 23 | ASAN Asana | $791M | 9% | 10% | −22% | 11% | 20 | 51% | $220M |
Source: SEC EDGAR XBRL. EBITDA = GAAP operating income + depreciation & amortization (company-reported “adjusted EBITDA” is usually higher). Churn, NRR and CAC aren’t standardized in filings; S&M as a share of revenue is the closest public proxy. Not investment advice.