Research · refreshed nightly · August 17, 2026
Top Data Center Stocks (October 2026)
Data center and cloud infrastructure.
The AI buildout runs on someone's hardware and someone's software, and the 37 top data center stocks and cloud infrastructure companies here are the someones. Veeva and Credo share the top MGI of 75 by opposite routes: Veeva compounds revenue a steady 14% a year at $25B, while Credo, now $34B, is growing 80% a year selling the connectivity that GPU clusters devour. Astera Labs is faster still at 105%.
A median MGI of 56 marks a strong group with a wide tail. The per-share column is the tell: Rubrik grows revenue 34% a year yet loses 35% per share to dilution, while Arista's 27% arrives intact. Click any name for the full citation-backed analysis.
50companies qualify
61.5median MGI
1joined this week
The ranking
Sorted by MGI
1
Veeva Systems Inc.VEEV🇺🇸
Revenue +14%/yr · +13%/yr per share · asset light
G 75V 60O 83Cap $39.6B
MGI
75
MVI
60
MTI
37
MOI
83
Cap
$39.6B
Growth
+14%2
Credo Technology Group Holding LtdCRDO🇺🇸
Revenue +80%/yr · +48%/yr per share · asset light
G 75V 46O 73Cap $48.5B
MGI
75
MVI
46
MTI
57
MOI
73
Cap
$48.5B
Growth
+157%3
Atlassian CorporationTEAM🇦🇺
Revenue +22%/yr · +21%/yr per share · asset light
G 73V 58O 76Cap $41.2B
MGI
73
MVI
58
MTI
44
MOI
76
Cap
$41.2B
Growth
+20%4
Astera Labs, Inc.ALAB🇺🇸
Revenue +118%/yr · +29%/yr per share · asset light
G 73V 39O 68Cap $55.8B
MGI
73
MVI
39
MTI
55
MOI
68
Cap
$55.8B
Growth
+105%5
Zscaler, Inc.ZS🇺🇸
Revenue +33%/yr · +29%/yr per share · asset light
G 71V 56O 73Cap $29.7B
MGI
71
MVI
56
MTI
46
MOI
73
Cap
$29.7B
Growth
+25%6
Guidewire Software, Inc.GWRE🇺🇸
Revenue +14%/yr · +13%/yr per share · asset light
G 71V 61O 78Cap $13.2B
MGI
71
MVI
61
MTI
32
MOI
78
Cap
$13.2B
Growth
+27%7
Rubrik, Inc.RBRK🇺🇸
Revenue +34%/yr · -35%/yr per share · asset light
G 70V 48O 69Cap $21.0B
MGI
70
MVI
48
MTI
44
MOI
69
Cap
$21.0B
Growth
+39%8
nVent Electric plcNVT🇺🇸
Revenue +14%/yr · +15%/yr per share · scale economics
G 70V 51O 70Cap $27.6B
MGI
70
MVI
51
MTI
43
MOI
70
Cap
$27.6B
Growth
+54%9
JFrog Ltd.FROG🇺🇸
Revenue +24%/yr · +18%/yr per share · asset light
G 69V 53O 70Cap $11.4B
MGI
69
MVI
53
MTI
38
MOI
70
Cap
$11.4B
Growth
+29%10
Arista Networks, Inc.ANET🇺🇸
Revenue +29%/yr · +29%/yr per share · asset light
G 68V 53O 70Cap $232.5B
MGI
68
MVI
53
MTI
48
MOI
70
Cap
$232.5B
Growth
+29%11
Datadog, Inc.DDOG🇺🇸
Revenue +31%/yr · +27%/yr per share · asset light
G 68V 49O 67Cap $92.6B
MGI
68
MVI
49
MTI
40
MOI
67
Cap
$92.6B
Growth
+31%12
AvePoint, Inc.AVPT🇺🇸
Revenue +19%/yr · +9%/yr per share · asset light
G 68V 67O 74Cap $2.6B
MGI
68
MVI
67
MTI
45
MOI
74
Cap
$2.6B
Growth
+22%13
Cloudflare, Inc.NET🇺🇸
Revenue +31%/yr · +28%/yr per share · asset light
G 67V 41O 63Cap $99.9B
MGI
67
MVI
41
MTI
43
MOI
63
Cap
$99.9B
Growth
+36%14
Vertiv Holdings CoVRT🇺🇸
Revenue +18%/yr · +16%/yr per share · scale economics
G 67V 57O 71Cap $121.0B
MGI
67
MVI
57
MTI
46
MOI
71
Cap
$121.0B
Growth
+18%15
MongoDB, Inc.MDB🇺🇸
Revenue +27%/yr · +21%/yr per share · asset light
G 67V 44O 65Cap $37.0B
MGI
67
MVI
44
MTI
40
MOI
65
Cap
$37.0B
Growth
+25%16
Procore Technologies, Inc.PCOR🇺🇸
Revenue +23%/yr · +11%/yr per share · asset light
G 66V 51O 67Cap $9.1B
MGI
66
MVI
51
MTI
43
MOI
67
Cap
$9.1B
Growth
+16%17
MACOM Technology Solutions Holdings, Inc.MTSI🇺🇸
Revenue +13%/yr · +12%/yr per share · asset light
G 66V 39O 61Cap $24.4B
MGI
66
MVI
39
MTI
48
MOI
61
Cap
$24.4B
Growth
+23%18
CrowdStrike Holdings, Inc.CRWD🇺🇸
Revenue +32%/yr · +29%/yr per share · asset light
G 65V 39O 58Cap $220.9B
MGI
65
MVI
39
MTI
44
MOI
58
Cap
$220.9B
Growth
+26%19
Marvell Technology, Inc.MRVL🇺🇸
Revenue +17%/yr · +14%/yr per share · asset light
G 65V 46O 63Cap $173.6B
MGI
65
MVI
46
MTI
47
MOI
63
Cap
$173.6B
Growth
+28%20
Carel Industries S.p.A.CRL.IT🇮🇹
Revenue +10%/yr · +8%/yr per share · asset light
G 65V 54O 67Cap $3.7B
MGI
65
MVI
54
MTI
42
MOI
67
Cap
$3.7B
Growth
+9%21
Rambus Inc.RMBS🇺🇸
Revenue +18%/yr · +19%/yr per share · asset light
G 64V 52O 65Cap $12.7B
MGI
64
MVI
52
MTI
57
MOI
65
Cap
$12.7B
Growth
+20%22
Workiva Inc.WK🇺🇸
Revenue +17%/yr · +14%/yr per share · asset light
G 64V 66O 69Cap $3.8B
MGI
64
MVI
66
MTI
43
MOI
69
Cap
$3.8B
Growth
+19%23
IES Holdings, Inc.IESC🇺🇸
Revenue +19%/yr · +20%/yr per share · scale economics
G 64V 53O 65Cap $14.9B
MGI
64
MVI
53
MTI
45
MOI
65
Cap
$14.9B
Growth
+40%24
ActiveOps PLCAOM.GB🇬🇧
Revenue +13%/yr · -46%/yr per share · asset light
G 64V 65O 68Cap $186.4M
MGI
64
MVI
65
MTI
42
MOI
68
Cap
$186.4M
Growth
+14%25
BELIMO Holding AGBEAN.CH🇨🇭
Revenue +10%/yr · +10%/yr per share · asset light
G 62V 46O 60Cap $13.3B
MGI
62
MVI
46
MTI
35
MOI
60
Cap
$13.3B
Growth
+19%26
Q2 Holdings, Inc.QTWO🇺🇸
Revenue +11%/yr · +7%/yr per share · asset light
G 61V 66O 66Cap $3.5B
MGI
61
MVI
66
MTI
47
MOI
66
Cap
$3.5B
Growth
+13%27
Celestica Inc.CLS🇨🇦
Revenue +23%/yr · +25%/yr per share · scale economics
G 61V 48O 60Cap $42.3B
MGI
61
MVI
48
MTI
60
MOI
60
Cap
$42.3B
Growth
+62%28
Dynatrace, Inc.DT🇺🇸
Revenue +19%/yr · +18%/yr per share · asset light
G 60V 59O 63Cap $13.5B
MGI
60
MVI
59
MTI
47
MOI
63
Cap
$13.5B
Growth
+16%29
Crexendo, Inc.CXDO🇺🇸
Revenue +24%/yr · +12%/yr per share · asset light
G 60V 68O 65Cap $234.8M
MGI
60
MVI
68
MTI
48
MOI
65
Cap
$234.8M
Growth
+49%30
CB
cyber_Folks S.A.CBF.PL🇵🇱
Revenue +25%/yr · +24%/yr per share · asset light
G 60V 68O 64Cap $705.8M
MGI
60
MVI
68
MTI
44
MOI
64
Cap
$705.8M
Growth
+25%31
Palo Alto Networks, Inc.PANW🇺🇸
Revenue +18%/yr · +13%/yr per share · asset light
G 59V 42O 53Cap $313.2B
MGI
59
MVI
42
MTI
37
MOI
53
Cap
$313.2B
Growth
+31%32
Gamma Communications plcGAMA.GB🇬🇧
Revenue +10%/yr · +11%/yr per share · asset light
G 59V 63O 65Cap $1.2B
MGI
59
MVI
63
MTI
50
MOI
65
Cap
$1.2B
Growth
+12%33
SmartCraft Group ABSMCRT.SE🇸🇪
Revenue +16%/yr · +14%/yr per share · asset light
G 59V 59O 61Cap $266.9M
MGI
59
MVI
59
MTI
38
MOI
61
Cap
$266.9M
Growth
0%34
Axon Enterprise, Inc.AXON🇺🇸
Revenue +30%/yr · +25%/yr per share · asset light
G 58V 44O 55Cap $47.7B
MGI
58
MVI
44
MTI
43
MOI
55
Cap
$47.7B
Growth
+35%35
Advanced Micro Devices, Inc.AMD🇺🇸
Revenue +20%/yr · +14%/yr per share · asset light
G 57V 46O 56Cap $845.5B
MGI
57
MVI
46
MTI
52
MOI
56
Cap
$845.5B
Growth
+38%36
Workday, Inc.WDAY🇺🇸
Revenue +15%/yr · +14%/yr per share · asset light
G 56V 60O 59Cap $49.1B
MGI
56
MVI
60
MTI
52
MOI
59
Cap
$49.1B
Growth
+14%37
GitLab Inc.GTLB🇺🇸
Revenue +35%/yr · +9%/yr per share · asset light
G 56V 63O 60Cap $7.2B
MGI
56
MVI
63
MTI
60
MOI
60
Cap
$7.2B
Growth
+23%38
Commvault Systems, Inc.CVLT🇺🇸
Revenue +10%/yr · +12%/yr per share · asset light
G 56V 52O 57Cap $6.0B
MGI
56
MVI
52
MTI
44
MOI
57
Cap
$6.0B
Growth
+11%39
SPX Technologies, Inc.SPXC🇺🇸
Revenue +15%/yr · +13%/yr per share · scale economics
G 56V 54O 58Cap $11.2B
MGI
56
MVI
54
MTI
40
MOI
58
Cap
$11.2B
Growth
+23%40
VtexVTEX🇬🇧
Revenue +15%/yr · +15%/yr per share · asset light
G 56V 70O 61Cap $639.8M
MGI
56
MVI
70
MTI
55
MOI
61
Cap
$639.8M
Growth
+10%41
NEURONES S.A.NRO.FR🇫🇷
Revenue +10%/yr · +10%/yr per share · asset light
G 56V 59O 58Cap $1.1B
MGI
56
MVI
59
MTI
42
MOI
58
Cap
$1.1B
Growth
+6%42
VR
Vercom S.A.VRC.PL🇵🇱
Revenue +22%/yr · +15%/yr per share · asset light
G 56V 59O 58Cap $688.5M
MGI
56
MVI
59
MTI
52
MOI
58
Cap
$688.5M
Growth
+22%43
Twilio Inc.TWLO🇺🇸
Revenue +14%/yr · +17%/yr per share · scale economics
G 55V 52O 56Cap $34.1B
MGI
55
MVI
52
MTI
52
MOI
56
Cap
$34.1B
Growth
+22%44
Waystar Holding Corp.WAY🇺🇸
Revenue +16%/yr · +6%/yr per share · asset light
G 55V 65O 60Cap $4.3B
MGI
55
MVI
65
MTI
43
MOI
60
Cap
$4.3B
Growth
+18%45
Beeks Financial Cloud Group plcBKS.GB🇬🇧
Revenue +27%/yr · +19%/yr per share · scale economics
G 55V 57O 56Cap $207.3M
MGI
55
MVI
57
MTI
42
MOI
56
Cap
$207.3M
Growth
+27%46
Snowflake Inc.SNOW🇺🇸
Revenue +37%/yr · +33%/yr per share · asset light
G 54V 43O 51Cap $114.0B
MGI
54
MVI
43
MTI
58
MOI
51
Cap
$114.0B
Growth
+34%47
NICE Ltd.NICE🇮🇱
Revenue +10%/yr · +12%/yr per share · asset light
G 54V 67O 59Cap $5.9B
MGI
54
MVI
67
MTI
55
MOI
59
Cap
$5.9B
Growth
+8%48
Alkami Technology, Inc.ALKT🇺🇸
Revenue +26%/yr · +14%/yr per share · asset light
G 53V 57O 55Cap $2.1B
MGI
53
MVI
57
MTI
45
MOI
55
Cap
$2.1B
Growth
+16%
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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 2026-08-17.