Top IT Companies in Boston, MA (512)

Strong Revenue Growth: Q2 2026 revenue rose 31% year over year, supported by markets, organic base-fee growth, acquisition-related and performance fees, and higher technology services revenue. Momentum followed a record 2025 with double‑digit top‑line growth.

Profitability: Operating income increased 42% in Q2 2026 (39% as adjusted) and diluted EPS rose 20% (15% as adjusted). Record AUM and broad-based inflows supported operating leverage.

Diversified Revenue Streams: Growth is described across iShares ETFs, private markets, active fixed income, and systematic equity, while technology services and subscriptions grew 13% year over year in Q2 2026. This mix complements AUM reaching a record $15.3 trillion with strong net inflows.

Strong Revenue Growth: Group sales increased 10% in 2025 and 9% in the first half of 2026, with underlying EBIT up 11%, and full‑year 2026 sales and EBIT guidance raised. These trends indicate broad-based momentum that includes U.S. programs.

Resilient & Sustainable Growth: A record order backlog of about £83.6–£84.0bn provides multi‑year revenue visibility and underpins capacity additions at U.S. sites. Free cash flow also strengthened, reinforcing durability of the growth profile.

Market Expansion: Facility expansions and upgrades in Endicott (NY), Austin (TX), Hudson (NH), and a new Utah site, alongside the 2024 acquisition of Ball Aerospace (now Space & Mission Systems), enlarge the U.S. footprint and portfolio. Recent U.S. and international contract wins further extend reach across markets.

Strong Revenue Growth: Revenue rose about 23% year over year in Q2 2026 and 24% for full-year 2025, with ARR up 25% and GPV up 22% reinforcing a scaling top line. Guidance for 2026 recurring gross profit growth of roughly 23–25% further underpins momentum.

Profitability: Operating income and EPS roughly doubled year over year in Q2 2026 (operating income $152M vs. $80M; diluted EPS $0.26 vs. $0.13). Management also highlighted rising adjusted EBITDA and improved net income alongside recurring gross profit expansion.

Market Expansion: New offerings (e.g., Toast Drive‑Thru) and enterprise wins/expansions (e.g., Best Western, TGI Fridays UK, multi‑unit brands like Caribou Coffee and Potbelly) support broader adoption. The footprint reached about 180,000 total locations as of June 30, 2026, up roughly 22% year over year.

Strong Revenue Growth: Revenue is advancing at a strong double‑digit pace with Cloud accelerating, while forward indicators like ARR and contracted backlog are also expanding, pointing to durable top‑line momentum.

Innovation-Driven Growth: AI-led capabilities (e.g., Rovo) and deeper platform adoption are tied to higher monetization and faster ARR expansion among adopters, reinforcing product-led growth.

Customer Loyalty & Retention: Cloud net revenue retention remains well above 100% and has improved over successive quarters, suggesting healthy expansion within the existing customer base.

Strong Revenue Growth: Revenue is reported to have risen from £169.4m in 2023 to £197.0m in 2024, based on filed UK statutory accounts. Parent-company commentary for 2025 further points to higher “Other revenues” tied to this unit, reinforcing the upward trend.

Profitability: Operating profit increased to £45.9m in 2024 alongside higher profit after tax, indicating improved operating leverage. These gains are documented in UK filings as summarized by industry coverage.

Market Expansion: Customer milestones include surpassing one million globally in 2024 and one million in the UK in 2026, while a new Boston headquarters signals continued U.S. investment. Recent product and initiative rollouts (e.g., AI tools and community programs) indicate ongoing expansion efforts.

Profitability: The company achieved full-year profitability at the group level in 2025, building on earlier platform-level profitability. This indicates improving operating leverage alongside growth.

Strong Revenue Growth: Annual recurring revenue rose to $218M in 2025 from $177M in 2024, showing renewed momentum versus the prior year. This expansion is supported by additional large-enterprise customer wins and bookings growth.

Diversified Revenue Streams: Newer offerings are contributing incremental monetization, with Mirakl Connect generating ARR and Mirakl Ads seeing rising ad spend and client additions. The expanding seller network and the launch of Nexus further broaden potential revenue sources.

Strong Revenue Growth: Revenue is rising briskly, with the latest quarter up year over year and full‑year FY2026 guidance raised for both revenue and ARR. Prior billings and deferred revenue growth indicate healthy demand heading into FY2026.

Strong Market Position & Advantage: Independent analyst evaluations place the company as a leader in SSE/SASE and note frequent inclusion on enterprise shortlists. A broad global footprint and regulatory certifications bolster competitiveness in regulated and international markets.

Product Line Growth: Expansion in newer offerings—such as Data Security, AI‑focused modules, and Zero Trust Branch—shows meaningful traction. Metered, non‑seat‑based solutions accounted for a sizable share of new ACV, suggesting broader monetization beyond core seats.

Strong Market Position & Advantage: Repeated Leader placements in Gartner’s DEX Magic Quadrant (2024–2026) and Forrester’s 2024 EUEM Wave indicate durable competitive standing and sustained category momentum. These recognitions coincide with communications citing 1,200–1,500+ customers and 20M+ endpoints, underscoring broad enterprise adoption.

Product Line Growth: New offerings such as Adopt on Infinity (2025) and the Spark personal IT agent (2026), plus integrations like GoTo/Rescue and a government-focused AWS Marketplace listing, expand use cases and routes to market. The 2024 acquisition of AppLearn further broadened capabilities into digital adoption.

Investor Backing & Capital Strength: A late‑2025 majority investment by Vista Equity Partners at an approximately $3B valuation signals strong external confidence and provides resources for scaling. This step-up from the 2021 round supports continued product and go‑to‑market execution.

Market Expansion: The merger with Accolite in 2024, global rebrand in 2025, and the 2026 Cartesian acquisition broadened footprint across North America, Europe, and India. Leadership appointments to run the India practice indicate continued investment in global delivery capacity.

Innovation-Driven Growth: The Cartesian deal was positioned to accelerate enterprise AI capabilities, and joining Anthropic’s Claude Partner Network signals an AI-led services push. Feedback suggests these moves deepen data and analytics strengths rather than retrenchment.

Strategic Partnerships: Recent partner accolades such as Acquia’s 2024 North America Partner of the Year and broader ecosystem momentum point to healthy demand and platform depth. Alliances highlighted across AI and digital experience stacks support go-to-market expansion.

Strong Market Position & Advantage: Independent indices (e.g., Omdia 2025 and Counterpoint 2026) consistently place HERE at the top, highlighting strengths in AI mapping, sensor fusion, and business performance/orderbook. A steady cadence of launches and OEM deployments reinforces leadership in automotive‑grade location platforms.

Strategic Partnerships: Multi‑year alliances and expansions with AWS (10‑year, $1B), Esri (three‑year), and major OEMs such as JLR and Hyundai AutoEver, plus a Baidu Maps MoU, signal deepening commercial channels and long‑term demand. These collaborations span AI‑powered mapping, SDV tooling, and enhanced in‑vehicle experiences across regions.

Innovation-Driven Growth: AI‑powered mapping, SDV toolchains, and new offerings like GIS Data Suite and Location Reasoning indicate an active product engine aligned to growth areas. Added credentials such as AWS AI Competency and ISO/IEC 42001 for AI management support enterprise adoption.

Strong Revenue Growth: Recent results highlight the highest revenue quarter in company history in Q4 FY26. Earlier updates cited over $1B in FY2024 billings alongside hundreds of new customers, indicating commercial momentum post–take‑private.

Innovation-Driven Growth: Adoption of Coupa Navi AI agents and acquisitions such as Rossum and Tonkean are aimed at accelerating autonomous spend management and AI-driven intake/orchestration. Independent event coverage described a coherent roadmap centered on a network-led, autonomous spend vision.

Strategic Partnerships: A five‑year strategic collaboration agreement with AWS was announced in 2026. This alliance is positioned to accelerate AI-driven capabilities and support expansion of the autonomous spend‑management vision.

Strategic Partnerships: Partner ecosystems are expanding through a formal partner program and notable alliances, including technology integrations and channel routes that widen enterprise reach. Evidence points to distribution via OEMs/resellers and relationships such as DigiCert, major cloud programs, and public‑sector pathways.

Innovation-Driven Growth: Product and research cadence remains high, with ongoing Spectra platform releases, annual Software Supply Chain Security reports, and active updates through 2026. Industry awards and analyst recognition reinforce momentum around software supply chain security and deep binary analysis.

Investor Backing & Capital Strength: Recent financing rounds reported in 2024, building on prior investments, indicate sustained capital support for scale‑up. This funding trajectory aligns with continued hiring, marketing cadence, and ecosystem expansion.

Market Expansion: Public materials indicate customer counts rising from 500+ in 2021 to more than 1,000 by mid‑2025, suggesting steady adoption. Partner motions such as becoming a Shopify Premium Partner in 2025 further extend reach and implementation capacity.

Product Line Growth: Acquisitions of Unifai (2023) and PricingHUB (2026) expand the Product Cloud from core PIM/PXM into AI‑driven enrichment and pricing, broadening wallet share opportunities. A continued 2025–2026 release cadence (e.g., AI agents, CDN, data architect enhancements) reinforces an expanding offering.

Investor Backing & Capital Strength: A $135M Series D in March 2022 underpins subsequent platform launches and acquisitions, signaling capacity to execute on product and international initiatives. This capital base supports measured expansion.

Strong Revenue Growth: Top line is described as expanding steadily in recent years, with continued growth expected. Separate reporting cites roughly $500 million in annual revenue and rapid momentum, even as exact figures vary.

Healthy Cash Flow: Cash generation has improved enough for a late‑2025 credit rating upgrade, with projections to produce over $100 million in free cash flow within the next 12–24 months. Leverage is expected to trend down alongside strong margins.

Customer Loyalty & Retention: Retention is characterized as consistently high with net expansion of spend, signaling durable relationships and effective cross‑sell within the installed base. A sizable customer count (over 4,000 organizations) supports stickiness across regions.

Strong Market Position & Advantage: Recognition as a Leader in the 2026 Gartner Magic Quadrant for Workplace Experience Applications signals strong execution and helps with shortlist placement in enterprise cycles. It reflects visibility and credibility within its category.

Innovation-Driven Growth: Continued product releases—especially AI-driven scheduling and refreshed analytics—indicate active R&D and a roadmap aligned to hybrid-work needs. This cadence typically tracks with active usage and retention motions.

Market Expansion: Launching the One Workplace Platform on Google Cloud Marketplace opens a new procurement channel that can accelerate expansion with enterprise buyers. This move complements a broad customer footprint highlighted across regions and industries.

Product Line Growth: New offerings like Pulse (2026) and an AI Dubbing solution (2026), plus AI‑enabled language solutions and a global linguist marketplace (2025), extend the platform beyond core captioning. Company materials also emphasize a broader suite spanning live and prerecorded captioning, transcription, audio description, subtitling, and localization/dubbing.

Market Expansion: The February 2022 acquisition of Captionmax and National Captioning Canada added significant live‑captioning capabilities and a Canadian presence, later rebranded as 3Play Media Canada. A 2025 reintroduction emphasized multilingual video localization across 50+ languages, signaling entry into a wider global market.

Investor Backing & Capital Strength: A 2019 majority investment by Riverside Partners provides institutional support for a buy‑and‑build strategy and continued product and market expansion. Subsequent M&A and integration milestones reinforce available capital and sponsor‑driven scale‑up capacity.

Strong Revenue Growth: Revenue is reported as surpassing $250M in ARR with rapid year‑over‑year expansion, and inclusion on Deloitte’s Technology Fast 500 points to sustained multi‑year momentum. Company communications also trace a clear trajectory from near‑$100M ARR in mid‑2024 to $250M+ by mid‑2026.

Investor Backing & Capital Strength: Capital access is underscored by a $150M Series D at roughly a $1.55B valuation, with indications the company is evaluating another raise at a higher valuation. Management states the funding is being used to fuel product launches and geographic/channel expansion.

Market Expansion: Customer and channel reach are expanding, with protection extended to hundreds of thousands of businesses across 100+ countries and new distribution partners added to scale in the mid‑market, public sector, and EMEA. Acquisitions and portfolio additions support entry into adjacent segments and broader international coverage.

Strong Market Position & Advantage: Industry recognitions place the company in the Leaders tier across key AppSec categories, signaling durable competitive standing. Ongoing ecosystem visibility, such as a 2025 Google Cloud Technology Partner of the Year award, reinforces presence with major platforms.

Product Line Growth: The platform has broadened via acquisitions like Helios and Probely to add visibility, DAST, and API security alongside SCA/SAST. Momentum in newer modules, including Snyk Code surpassing about $100M in ARR and launches like Evo, supports larger account expansion and upsell.

Innovation-Driven Growth: The company is leaning into AI-native security with investments and acquisitions (e.g., Invariant Labs) and AI-assisted workflows. AI-forward offerings and product announcements indicate a roadmap aligned to modern development patterns.

Profitability: Q2 2026 delivered positive GAAP operating income of $3.0M and non‑GAAP operating income of $28.9M, with management raising the 2026 non‑GAAP operating income outlook. This indicates margin improvement even as the top line softens.

Healthy Cash Flow: Free cash flow was $31.9M in Q2 2026 and management is targeting around $125–$135M for full‑year 2026. This ongoing cash generation underscores improved efficiency during a reset year.

Investor Backing & Capital Strength: Cash and short‑term investments increased to about $703M as of June 30, 2026, up from roughly $657M at year‑end 2025. This liquidity provides flexibility amid slower ARR and revenue trends.

Strong Market Position & Advantage: Positioning as the #1 HERS software, deep RESNET integration (including accreditation through 2026 and registry workflows), and statements of use on roughly 1 in 4 new U.S. homes indicate an entrenched role in the HERS ecosystem. References such as “Builder Data Sharing powered by Ekotrope” and widespread program mentions reinforce ecosystem embed and influence.

Innovation-Driven Growth: Active 2026 releases (e.g., v5.2.2 and v5.2.3 beta) and alignment with evolving ANSI/RESNET 301 addenda, plus additions like HERS H2O, ONSITE, and Market Intelligence, point to sustained product investment and standards currency. Feature expansion into analytics, utility workflows, and inspections suggests growth beyond the core rating engine.

Investor Backing & Capital Strength: An $11M later‑stage investment in October 2025 and reported lifetime funding near $16.9–17.3M signal capacity to support product development and go‑to‑market initiatives. Inclusion on the Inc. 5000 in 2023 aligns with a multi‑year growth trajectory backed by external capital.