Multibagger

Research · refreshed nightly · July 28, 2026

Businesses Sitting on Piles of Cash (July 2026)

Net cash balance sheets in growth.

A net cash balance sheet is growth insurance the company writes for itself. Ranked by our financials dimension, NVIDIA leads these 50 businesses sitting on piles of cash at 92, with Veeva and Arista at 91 and Airbnb at 90. The caps run from TSMC's $1.75T down to innoscripta at $782M, which says balance-sheet discipline is not a size trait.

The tell in this data is who holds cash while still compounding: Veeva pairs its 91 with 14% annual revenue growth, Arista with 27%. A median score of 83 makes this an unusually sturdy board. Hoarding can also mean nothing worth funding, which is exactly what the individual analyses probe. Click any name to read one.

50companies qualify
84median financials
63median MGI
25joined this week

The ranking

Sorted by financials
1
NVIDIA CorporationNVDA🇺🇸
financials 92 · revenue +60%/yr · asset light
G 38V 49O 37Cap $4.90T
2
Veeva Systems Inc.VEEV🇺🇸
financials 91 · revenue +14%/yr · asset light
G 75V 68O 87Cap $28.5B
3
Doximity, Inc.DOCS🇺🇸
financials 90 · revenue +15%/yr · asset light
G 60V 63O 65Cap $4.0B
4
Airbnb, Inc.ABNB🇺🇸
financials 90 · revenue +16%/yr · asset light
G 61V 64O 68Cap $82.0B
5
Arista Networks, Inc.ANET🇺🇸
financials 89 · revenue +27%/yr · asset light
G 68V 59O 73Cap $184.8B
6
United States Lime & Minerals, Inc.USLM🇺🇸
financials 89 · revenue +14%/yr · scale economics
G 46V 41O 42Cap $3.5B
7
Games Workshop Group PLCGAW.GB🇬🇧
financials 88 · revenue +16%/yr · asset light
G 61V 55O 64Cap $8.7B
8
Texas Pacific Land CorporationTPL🇺🇸
financials 88 · revenue +13%/yr · asset light
G 70V 45O 67Cap $30.0B
9
Rightmove plcRMV.GB🇬🇧
financials 88 · revenue +16%/yr · asset light
G 64V 63O 70Cap $4.9B
10
Adyen N.V.ADYEN.NL🇳🇱
financials 87 · revenue +28%/yr · asset light
G 69V 64O 74Cap $29.9B
11
innoscripta SE1INN.DE🇩🇪
financials 87 · revenue +43%/yr · asset light
G 66V 72O 74Cap $812.3M
12
KANZHUN LIMITEDBZ🇨🇳
financials 87 · revenue +15%/yr · asset light
G 68V 61O 73Cap $7.0B
13
Comfort Systems USA, Inc.FIX🇺🇸
financials 87 · revenue +30%/yr · scale economics
G 68V 56O 72Cap $65.3B
14
Gaztransport et Technigaz S.A.GTT.FR🇫🇷
financials 86 · revenue +15%/yr · asset light
G 68V 64O 76Cap $7.3B
15
ChemoMetec A/SCHEMM.DK🇩🇰
financials 85 · revenue +15%/yr · asset light
G 66V 39O 63Cap $1.9B
16
Franco-Nevada CorporationFNV🇨🇦
financials 85 · revenue +10%/yr · asset light
G 59V 55O 61Cap $41.3B
17
Taiwan Semiconductor Manufacturing Company LimitedTSM🇹🇼
financials 85 · revenue +23%/yr · asset light
G 50V 47O 48Cap $2.03T
18
ASML Holding N.V.ASML🇳🇱
financials 85 · revenue +14%/yr · asset light
G 64V 44O 60Cap $746.1B
19
Teekay Tankers Ltd.TNK🇨🇦
financials 85 · revenue +13%/yr · scale economics
G 24V 48O 24Cap $2.6B
20
Fortinet, Inc.FTNT🇺🇸
financials 84 · revenue +16%/yr · asset light
G 69V 52O 70Cap $111.6B
21
The Vita Coco Company, Inc.COCO🇺🇸
financials 84 · revenue +13%/yr · scale economics
G 63V 55O 65Cap $3.8B
22
Catalyst Pharmaceuticals, Inc.CPRX🇺🇸
financials 84 · revenue +33%/yr · asset light
G 23V 52O 23Cap $3.4B
23
Evolution AB (publ)EVO.SE🇸🇪
financials 84 · revenue +15%/yr · asset light
G 62V 64O 69Cap $13.7B
24
ATOSS Software SEAOF.DE🇩🇪
financials 84 · revenue +17%/yr · asset light
G 67V 51O 67Cap $1.8B
25
Yuanbao Inc.YB🇨🇳
financials 84 · revenue +65%/yr · asset light
G 69V 60O 72Cap $653.4M
26
LeMaitre Vascular, Inc.LMAT🇺🇸
financials 84 · revenue +11%/yr · asset light
G 61V 54O 63Cap $2.4B
27
Qualys, Inc.QLYS🇺🇸
financials 84 · revenue +11%/yr · asset light
G 44V 58O 45Cap $4.7B
28
Lundin Gold Inc.LUG.CA🇨🇦
financials 84 · revenue +22%/yr · asset light
G 40V 58O 42Cap $13.9B
29
Taylor Devices, Inc.TAYD🇺🇸
financials 84 · revenue +12%/yr · scale economics
G 60V 55O 61Cap $178.5M
30
Medistim ASAMEDI.NO🇳🇴
financials 84 · revenue +11%/yr · asset light
G 58V 59O 60Cap $450.1M
31
Credo Technology Group Holding LtdCRDO🇺🇸
financials 84 · revenue +80%/yr · asset light
G 75V 54O 76Cap $36.5B
32
Intuitive Surgical, Inc.ISRG🇺🇸
financials 84 · revenue +14%/yr · asset light
G 66V 51O 67Cap $134.3B
33
Monster Beverage CorporationMNST🇺🇸
financials 83 · revenue +10%/yr · asset light
G 66V 53O 68Cap $82.0B
34
Monolithic Power Systems, Inc.MPWR🇺🇸
financials 83 · revenue +20%/yr · asset light
G 66V 42O 62Cap $59.8B
35
Vertex Pharmaceuticals IncorporatedVRTX🇺🇸
financials 83 · revenue +10%/yr · asset light
G 62V 51O 63Cap $117.5B
36
Clear Secure, Inc.YOU🇺🇸
financials 83 · revenue +30%/yr · asset light
G 66V 62O 72Cap $7.1B
37
RATIONAL AGRAA.DE🇩🇪
financials 83 · revenue +10%/yr · asset light
G 61V 50O 61Cap $8.3B
38
Tatton Asset Management plcTAM.GB🇬🇧
financials 83 · revenue +14%/yr · scale economics
G 69V 65O 74Cap $529.7M
39
Harmony Biosciences Holdings, Inc.HRMY🇺🇸
financials 83 · revenue +24%/yr · asset light
G 57V 69O 63Cap $1.9B
40
Idaho Strategic Resources, Inc.IDR🇺🇸
financials 83 · revenue +43%/yr · asset light
G 56V 50O 56Cap $483.1M
41
Krystal Biotech, Inc.KRYS🇺🇸
financials 83 · revenue +102%/yr · asset light
G 54V 52O 54Cap $9.0B
42
NIOX Group plcNIOX.GB🇬🇧
financials 83 · revenue +15%/yr · asset light
G 61V 60O 64Cap $364.8M
43
Exelixis, Inc.EXEL🇺🇸
financials 83 · revenue +11%/yr · asset light
G 51V 60O 54Cap $12.6B
44
Planisware SAPLNW.FR🇫🇷
financials 83 · revenue +17%/yr · asset light
G 60V 62O 64Cap $1.8B
45
Sectra ABSECT.B.SE🇸🇪
financials 83 · revenue +15%/yr · asset light
G 71V 52O 72Cap $4.9B
46
Astera Labs, Inc.ALAB🇺🇸
financials 82 · revenue +105%/yr · asset light
G 73V 43O 70Cap $48.4B
47
ResMed Inc.RMD🇺🇸
financials 82 · revenue +10%/yr · asset light
G 67V 62O 75Cap $31.0B
48
MBB SEMBB.DE🇩🇪
financials 82 · revenue +11%/yr · asset light
G 64V 66O 70Cap $1.1B
49
Argan, Inc.AGX🇺🇸
financials 82 · revenue +16%/yr · scale economics
G 60V 52O 61Cap $8.5B
50
Moury Construct S.A.MOUR.BE🇧🇪
financials 82 · revenue +14%/yr · scale economics
G 55V 63O 59Cap $318.7M

Changed this week

Week over week, from the nightly refresh.

Entered
Argan, Inc. (AGX) · joined at #49 · financials 82 · revenue +16%/yr · scale economics
Entered
Moury Construct S.A. (MOUR.BE) · joined at #50 · financials 82 · revenue +14%/yr · scale economics
Entered
Astera Labs, Inc. (ALAB) · joined at #46 · financials 82 · revenue +105%/yr · asset light
Entered
ResMed Inc. (RMD) · joined at #47 · financials 82 · revenue +10%/yr · asset light
Entered
VH2.DE (VH2.DE) · since left the ranking
+7 more
MBB.DE, TNK, TAYD, AUPH, POWL, NSSC, ALAB also joined
Left
INCY, VH2.DE, BIOG.B.SE, RVRC.SE, AGX, AUPH, POWL, NSSC, ALAB, RMD, VH2.DE, DUOL

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Research tool, not investment advice. Rankings are generated by our models from company filings and market data, refresh nightly, and are identical for every visitor. Scores reflect our methodology and are not recommendations to act. Data as of 2026-07-28.