Top IT Companies in Boston, MA (507)

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: 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: 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: Operating earnings are reported at nearly $3.9 billion for 2025, an all-time high. A record estimated 2026 policyowner dividend further signals strong underlying earnings capacity.

Strong Revenue Growth: Total sales surpassed $43 billion in 2025, up from 2024 levels. Company disclosures also indicate higher total revenue year over year.

Investor Backing & Capital Strength: Total adjusted capital increased to $34.4 billion in 2025, alongside affirmations of very high financial strength ratings from major agencies. These indicators are presented as continued balance-sheet resilience.

Strategic Partnerships: Partnerships with Quest Analytics (June 16, 2025) and collaborations such as with the American College of Surgeons, alongside a growing Aggregate user conference in 2025–2026, align with commercial momentum. Announced marketplace additions and ecosystem integrations further point to an expanding partner network.

Investor Backing & Capital Strength: Nordic Capital became the majority owner in July 2025 to support a “next phase of growth,” building on a $125 million financing from Vista Credit Partners in 2023. These moves signal access to capital to scale the platform and accelerate expansion.

Product Line Growth: A next‑gen lakehouse‑based data platform launched in February 2024 and subsequent 2025–2026 AI/interoperability capabilities—building on the CareJourney acquisition—indicate continued product expansion. New solutions such as Network Modeler and Contract IQ are cited as part of this cadence.

Strong Revenue Growth: Revenue grew 31% to $702M in FY2026, then accelerated to 40% year over year in Q1 FY2027, with full‑year FY2027 revenue outlook raised to roughly 30% growth. Momentum is reinforced by expanding enterprise adoption and integrations that support usage growth.

Profitability: FY2026 marked the first full year with positive non‑GAAP operating income alongside positive operating and free cash flow, and Q1 FY2027 non‑GAAP operating margin reached 11%. These milestones indicate improving operating leverage as scale increases.

Cost & Operational Efficiency: AI agent automation (e.g., Ava handling about 52% of interactions in FY2026) is underpinning service scalability and margin expansion. Further increases in AI‑handled interactions are expected to support additional efficiency gains.

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.

Strong Revenue Growth: Legal filings and media place revenue around $1.13B in 2022 after roughly $876M in 2021. Independent trackers indicate about $1.2B in 2024, pointing to ongoing growth.

Market Expansion: The platform supports 8 million users across 180+ countries and has delivered over 100 million recognition moments, indicating continued adoption at global scale. Leadership placements in G2’s 2026 reports and an active events cadence reinforce expanding presence in the market.

Innovation-Driven Growth: AI-focused hiring in 2024 and the opening of a Dublin Innovation Hub in 2025 signal sustained product investment. New AI-powered releases (e.g., Human Intelligence and related tools) show innovation underpinning the growth trajectory.

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: Revenue increased from $3.67B (2023) to $6.05B (2025), with late‑2025 and early‑2026 showing strong year‑over‑year gains. Management continues to guide 2026 revenue above the 2025 level.

Profitability: Profitability is emerging with the first full‑year net income in 2025 and an adjusted EBITDA outlook that implies further improvement in 2026. Early 2026 also included a profitable first quarter despite later variability.

Strong Market Position & Advantage: Market position remains top‑two in U.S. online sportsbook, and usage share moved higher into Q1 2026, narrowing the gap with FanDuel. Independent product testing has also placed the app at or near the top of the category.

Strong Revenue Growth: Subscription revenue reached $3.877B in Q2 2026, growing strongly year over year, with total revenue also advancing. The company raised its full-year 2026 subscription outlook to $15.76–$15.78B and guided continued double-digit growth into Q3.

Product Line Growth: “ServiceNow AI” surpassed $1B in ACV in Q2 2026, acting as a catalyst for deal activity and upsell. Newer AI capabilities layered onto core workflows are described as adding incremental momentum.

Resilient & Sustainable Growth: Current and total RPO climbed to $13.20B and $29.0B, respectively, indicating strong contracted demand ahead. The number of customers above $5M in ACV increased meaningfully, supporting durable multi‑year expansion.

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.

Innovation-Driven Growth: The bank operates the FedNow Service for all Reserve Banks and co-led Project Hamilton with MIT, underscoring active leadership in instant payments and CBDC research. It also introduced the Weekly State-level Economic Conditions Index, expanding data and analytical capabilities.

Future-Ready Strategy: Capital investments were budgeted to roughly double in 2024 versus 2023 and rise again in 2025 plans, emphasizing stepped-up spending on facilities and technology. System priorities cite payments modernization (including FedNow, ISO 20022) and IT infrastructure as resource drivers.

Strategic Partnerships: Collaboration with MIT’s Digital Currency Initiative on Project Hamilton and formation of a First District Payments Advisory Council reflect deliberate external engagement to advance payments and research. Cross‑Reserve Bank roles, including operating FedNow, show coordinated partnerships that expand Boston’s operational scope.

Diversified Revenue Streams: Services, post-trade, data, and technology lines showed steady growth with records in 2025 and Q2 2026, and revenue outside U.S. credit plus emerging markets/eurobonds expanded. These trends indicate multiple monetization pillars beyond core U.S. credit.

Strong Market Position & Advantage: Market presence in institutional credit e-trading remains prominent, with leadership in all-to-all and portfolio trading and rising adoption in key workflows. Trading updates cited increased portfolio-trading activity and share alongside broad platform scale.

Innovation-Driven Growth: Newer protocols and tools—such as portfolio trading, block trading, Mid-X, CP+ pricing, and data solutions—are gaining traction and setting record activity levels. Product innovation appears to be a key driver of client adoption across credit workflows.

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.

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: Analyst recognition as a Leader in The Forrester Wave: Cybersecurity Skills and Training Platforms (Q1 2026, and previously 2023) highlights strength in current offering and strategy. Claims of 400+ customers, Fortune‑scale adoption, and visible enterprise/public‑sector footprints reinforce this positioning.

Innovation-Driven Growth: New GenAI‑powered capabilities and continued investment in the unified “Immersive One” platform indicate active product development. Frequent 2025–2026 feature launches and AI‑centric updates suggest a robust roadmap.

Strategic Partnerships: Collaborations such as Arctic Wolf joining the Cyber Million initiative and public‑sector programs (e.g., UK Defence, CyberTrust Massachusetts) signal expanding ecosystem reach. These relationships align with companies leaning into broader market expansion.

Profitability: All‑time profit leadership and continued gains in 2024–2025 underpin sustained investor demand and fee generation. Returning roughly $5 billion of 2025 profits while maintaining about $66–$67 billion in AUM highlights durable earnings and disciplined sizing.

Market Expansion: The Miami headquarters build, additional 2026 real‑estate purchases, and a planned Dubai office point to an expanding physical footprint and long‑dated strategic commitments. Acquisitions in power and energy trading (e.g., FlexPower and Paloma Natural Gas) extend reach into global commodities markets.

Strong Hiring & Retention: Ongoing large‑scale recruiting, including new cohorts for the Citadel Associate Program and other early‑career pipelines, signals sustained investment in talent to support platform growth.

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: 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.