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U.S. Application Software Industry Analysis

UpdatedMay 20, 2026
DataAggregated Company Financials
Companies370
  • 7D-0.04%
  • 3M6.7%
  • 1Y-19.6%
  • YTDn/a

Over the last 7 days, the Application Software industry has remained flat, although notably Palantir Technologies gained 5.5%. Unfortunately though, the industry is down 20% over the past 12 months. Looking forward, earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

Has the U.S. Application Software Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 May 2026US$1.8tUS$239.8bUS$5.9b27.8x301.1x7.4x
Sat, 18 Apr 2026US$1.7tUS$235.8bUS$15.7b33.1x109.1x7.3x
Mon, 16 Mar 2026US$1.8tUS$236.4bUS$20.0b30.2x88x7.5x
Wed, 11 Feb 2026US$1.8tUS$232.9bUS$21.9b27.7x81.2x7.6x
Fri, 09 Jan 2026US$2.3tUS$232.0bUS$39.4b30.7x58.2x9.9x
Sun, 07 Dec 2025US$2.3tUS$227.7bUS$38.6b29.5x59.9x10.2x
Tue, 04 Nov 2025US$2.4tUS$224.5bUS$35.1b35.1x69.5x10.9x
Thu, 02 Oct 2025US$2.4tUS$221.3bUS$31.9b34.8x75.6x10.9x
Sat, 30 Aug 2025US$2.3tUS$218.7bUS$30.8b34.3x74.5x10.5x
Mon, 28 Jul 2025US$2.3tUS$213.6bUS$16.5b48x140.1x10.8x
Wed, 25 Jun 2025US$2.2tUS$216.0bUS$16.9b42.2x131.5x10.3x
Fri, 23 May 2025US$2.1tUS$210.9bUS$17.1b35.9x124x10.1x
Sun, 20 Apr 2025US$1.8tUS$209.2bUS$21.4b31.4x83.5x8.5x
Tue, 18 Mar 2025US$1.9tUS$210.8bUS$20.8b27.7x92.1x9.1x
Thu, 13 Feb 2025US$2.3tUS$207.8bUS$19.7b42.3x114.2x10.9x
Sat, 11 Jan 2025US$2.1tUS$206.7bUS$20.4b40.8x102.2x10.1x
Mon, 09 Dec 2024US$2.3tUS$205.4bUS$19.9b43.6x115.4x11.2x
Wed, 06 Nov 2024US$1.9tUS$201.9bUS$18.6b35.5x99.4x9.2x
Fri, 04 Oct 2024US$1.8tUS$201.2bUS$19.0b38.7x92.4x8.7x
Sun, 01 Sep 2024US$1.7tUS$202.1bUS$17.6b38.4x98.9x8.6x
Tue, 30 Jul 2024US$1.7tUS$197.4bUS$16.9b40.5x101.4x8.7x
Thu, 27 Jun 2024US$1.7tUS$197.6bUS$16.4b40.6x102.2x8.5x
Sat, 25 May 2024US$1.7tUS$195.6bUS$14.8b42.2x115.3x8.7x
Mon, 22 Apr 2024US$1.6tUS$195.6bUS$11.3b43.4x143.4x8.3x
Wed, 20 Mar 2024US$1.8tUS$194.8bUS$11.0b49.6x160.3x9.1x
Fri, 16 Feb 2024US$1.8tUS$194.7bUS$5.5b54.1x325.6x9.3x
Sun, 14 Jan 2024US$1.8tUS$209.4bUS$1.9b49x951.6x8.6x
Tue, 12 Dec 2023US$1.8tUS$208.8bUS$2.2b52.1x794.2x8.4x
Thu, 09 Nov 2023US$1.6tUS$206.1b-US$24,678,523.0043.4x-64518.9x7.7x
Sat, 07 Oct 2023US$1.6tUS$203.9b-US$1,432,377,497.0046.8x-1096.5x7.7x
Mon, 04 Sep 2023US$1.6tUS$202.7b-US$2,124,565,098.0045.6x-772.6x8.1x
Wed, 02 Aug 2023US$1.6tUS$199.2b-US$7,740,196,477.0048x-211.7x8.2x
Fri, 30 Jun 2023US$1.5tUS$198.3b-US$5,984,134,614.0044.7x-252.8x7.6x
Sun, 28 May 2023US$1.4tUS$196.9b-US$6,612,601,529.0040.4x-216.8x7.3x
Price to Earnings Ratio

-216.8x


Total Market Cap: US$1.4tTotal Earnings: -US$6,612,601,529.00Total Revenue: US$196.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Application Software Industry Price to Earnings3Y Average 39x202420252026
Current Industry PE
  • Investors are optimistic on the American Application Software industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 301x which is higher than its 3-year average PE of 38.5x.
  • The 3-year average PS ratio of 9.0x is higher than the industry's current PS ratio of 7.4x.
Past Earnings Growth
  • Total earnings for the Application Software industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 6.8% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

How does U.S. Application Software compare with similar industries?

US Market-1.01%
Tech-0.55%
Software2.19%
Application Software-0.044%
Systems Software3.12%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
PLTR Palantir TechnologiesUS$137.155.5%
+US$17.0b		13.7%PE144.1x
CRM SalesforceUS$180.108.6%
+US$11.7b		-36.2%PE19.8x
APP AppLovinUS$482.286.3%
+US$9.7b		34.6%PE41.4x
ADBE AdobeUS$253.377.3%
+US$7.0b		-38.8%PE14.2x
FICO Fair IsaacUS$1.23k15.6%
+US$3.8b		-28.0%PE37.6x

Latest News

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1Y
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Fair Isaac
7D
15.6%
1Y
-28.0%
INTU
US$383.93
Intuit
7D
3.3%
1Y
-41.8%
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PLTR
US$137.15
Palantir Technologies
7D
5.5%
1Y
13.7%
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CRM
US$180.10
Salesforce
7D
8.6%
1Y
-36.2%
CDNS
US$350.89
Cadence Design Systems
7D
-1.0%
1Y
10.5%
MSTR
US$165.81
Strategy
7D
-6.9%
1Y
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AUR
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IREN
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IREN
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-4.5%
1Y
492.9%
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HUT
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Hut 8
7D
-10.9%
1Y
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ADBE
US$253.37
Adobe
7D
7.3%
1Y
-38.8%
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DDOG
US$212.24
Datadog
7D
3.4%
1Y
86.7%
SNPS
US$498.93
Synopsys
7D
-2.0%
1Y
-0.5%
ADSK
US$243.63
Autodesk
7D
5.5%
1Y
-16.8%
APP
US$482.28
AppLovin
7D
6.3%
1Y
34.6%
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CRCL
US$111.62
Circle Internet Group
7D
-11.8%
1Y
n/a
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