Multibagger

Research · refreshed nightly · August 17, 2026

Profitable Businesses Growing 20%+ (October 2026)

Free cash flow positive and growing 20%+.

Growth or profits was always a false choice at the very top. These are 50 profitable businesses growing 20% or better while generating free cash flow, and the leaders need no introduction: Palantir scores 90 on our growth dimension, NVIDIA 88 at a $5.0T cap, Credo 88 while compounding revenue 80% a year.

The interesting names sit below the megacaps. Italy's FOPE, a $244M jeweler, and Dave, a $2.2B fintech growing 32% a year, make the same cut Broadcom does at $2.0T. A median score of 77 says the combination is rarer than either trait alone. Click any name for the full citation-backed analysis.

50companies qualify
79median growth
66median MGI
9joined this week

The ranking

Sorted by growth
1
Credo Technology Group Holding LtdCRDO🇺🇸
growth 88 · revenue +80%/yr · asset light
G 75V 46O 73Cap $48.5B
2
NVIDIA CorporationNVDA🇺🇸
growth 88 · revenue +60%/yr · asset light
G 38V 47O 36Cap $5.25T
3
Palantir Technologies Inc.PLTR🇺🇸
growth 86 · revenue +32%/yr · asset light
G 61V 40O 56Cap $418.2B
4
Comfort Systems USA, Inc.FIX🇺🇸
growth 85 · revenue +30%/yr · scale economics
G 68V 56O 72Cap $66.1B
5
Arista Networks, Inc.ANET🇺🇸
growth 84 · revenue +29%/yr · asset light
G 68V 53O 70Cap $232.5B
6
Arm Holdings plcARM🇬🇧
growth 84 · revenue +21%/yr · asset light
G 74V 33O 65Cap $338.6B
7
Taiwan Semiconductor Manufacturing Company LimitedTSM🇹🇼
growth 84 · revenue +23%/yr · asset light
G 50V 45O 47Cap $2.22T
8
Astera Labs, Inc.ALAB🇺🇸
growth 84 · revenue +118%/yr · asset light
G 73V 39O 68Cap $55.8B
9
Amphenol CorporationAPH🇺🇸
growth 84 · revenue +22%/yr · scale economics
G 74V 50O 74Cap $211.7B
10
Eli Lilly and CompanyLLY🇺🇸
growth 84 · revenue +23%/yr · asset light
G 50V 42O 46Cap $1.09T
11
FOPE S.p.A.FPE.IT🇮🇹
growth 83 · revenue +27%/yr · asset light
G 70V 62O 74Cap $247.5M
12
Axon Enterprise, Inc.AXON🇺🇸
growth 83 · revenue +30%/yr · asset light
G 58V 44O 55Cap $47.7B
13
Reddit, Inc.RDDT🇺🇸
growth 83 · revenue +42%/yr · asset light
G 74V 62O 77Cap $33.8B
14
Atour Lifestyle Holdings LtdATAT🇨🇳
growth 83 · revenue +38%/yr · scale economics
G 72V 66O 79Cap $4.7B
15
argenx SEARGX🇳🇱
growth 83 · revenue +58%/yr · asset light
G 71V 57O 74Cap $55.6B
16
Shopify Inc.SHOP🇨🇦
growth 82 · revenue +24%/yr · scale economics
G 73V 49O 72Cap $173.9B
17
BillionToOne, Inc.BLLN🇺🇸
growth 82 · revenue +77%/yr · asset light
G 77V 58O 81Cap $5.0B
18
Dave Inc.DAVE🇺🇸
growth 82 · revenue +33%/yr · asset light
G 61V 66O 66Cap $4.5B
19
Insulet CorporationPODD🇺🇸
growth 81 · revenue +23%/yr · asset light
G 72V 68O 80Cap $10.2B
20
Plejd ABPLEJD.SE🇸🇪
growth 80 · revenue +28%/yr · asset light
G 75V 68O 81Cap $858.6M
21
Broadcom Inc.AVGO🇺🇸
growth 80 · revenue +22%/yr · asset light
G 49V 49O 49Cap $1.94T
22
Bloom Energy CorporationBE🇺🇸
growth 80 · revenue +26%/yr · scale economics
G 66V 39O 60Cap $78.3B
23
Liquidia CorporationLQDA🇺🇸
growth 80 · revenue +104%/yr · asset light
G 47V 48O 46Cap $6.9B
24
Next Geosolutions Europe SpANXT.IT🇮🇹
growth 79 · revenue +47%/yr · scale economics
G 56V 63O 61Cap $686.1M
25
Sezzle Inc.SEZL🇺🇸
growth 79 · revenue +36%/yr · asset light
G 62V 56O 64Cap $5.1B
26
Aritzia Inc.ATZ.CA🇨🇦
growth 79 · revenue +25%/yr · scale economics
G 63V 58O 65Cap $12.1B
27
Rush Street Interactive, Inc.RSI🇺🇸
growth 79 · revenue +23%/yr · scale economics
G 68V 61O 73Cap $6.2B
28
Ascendis Pharma A/SASND🇩🇰
growth 79 · revenue +167%/yr · asset light
G 75V 55O 77Cap $18.3B
29
Datadog, Inc.DDOG🇺🇸
growth 78 · revenue +31%/yr · asset light
G 68V 49O 67Cap $92.6B
30
Applied Nutrition plcAPN.GB🇬🇧
growth 78 · revenue +44%/yr · scale economics
G 62V 57O 64Cap $1.1B
31
LIMES Schlosskliniken AGLIK.DE🇩🇪
growth 78 · revenue +37%/yr · asset light
G 65V 64O 70Cap $202.3M
32
innoscripta SE1INN.DE🇩🇪
growth 78 · revenue +43%/yr · asset light
G 66V 70O 73Cap $867.5M
33
Alnylam Pharmaceuticals, Inc.ALNY🇺🇸
growth 78 · revenue +42%/yr · asset light
G 73V 59O 77Cap $35.4B
34
Caris Life Sciences, Inc.CAI🇺🇸
growth 77 · revenue +48%/yr · asset light
G 72V 58O 75Cap $5.6B
35
Monolithic Power Systems, Inc.MPWR🇺🇸
growth 77 · revenue +22%/yr · asset light
G 58V 51O 59Cap $68.4B
36
D-BOX Technologies Inc.DBO.CA🇨🇦
growth 76 · revenue +27%/yr · asset light
G 62V 63O 66Cap $194.2M
37
Celestica Inc.CLS🇨🇦
growth 76 · revenue +23%/yr · scale economics
G 61V 48O 60Cap $42.3B
38
Halozyme Therapeutics, Inc.HALO🇺🇸
growth 76 · revenue +30%/yr · asset light
G 65V 63O 73Cap $10.1B
39
Atrem S.A.ATR.PL🇵🇱
growth 76 · revenue +24%/yr · scale economics
G 57V 66O 61Cap $119.2M
40
CAVA Group, Inc.CAVA🇺🇸
growth 76 · revenue +22%/yr · scale economics
G 69V 40O 65Cap $8.6B
41
Grindr Inc.GRND🇺🇸
growth 76 · revenue +28%/yr · asset light
G 54V 65O 60Cap $2.6B
42
STIF S.A.ALSTI.FR🇫🇷
growth 76 · revenue +42%/yr · asset light
G 68V 60O 71Cap $314.6M
43
Quanta Services, Inc.PWR🇺🇸
growth 76 · revenue +20%/yr · scale economics
G 56V 51O 57Cap $105.7B
44
MercadoLibre, Inc.MELI🇺🇾
growth 76 · revenue +38%/yr · scale economics
G 73V 72O 84Cap $89.8B
45
Micron Technology, Inc.MU🇺🇸
growth 75 · revenue +25%/yr · asset light
G 34V 56O 36Cap $1.07T
46
K92 Mining Inc.KNT.CA🇨🇦
growth 75 · revenue +39%/yr · asset light
G 51V 55O 52Cap $5.3B
47
Legence Corp.LGN🇺🇸
growth 75 · revenue +32%/yr · scale economics
G 52V 54O 53Cap $10.9B
48
Friedrich Vorwerk Group SEVH2.DE🇩🇪
growth 75 · revenue +22%/yr · asset light
G 65V 69O 73Cap $1.6B
49
HEICO CorporationHEI🇺🇸
growth 74 · revenue +21%/yr · scale economics
G 72V 51O 72Cap $45.0B
50
Atlassian CorporationTEAM🇦🇺
growth 74 · revenue +22%/yr · asset light
G 73V 58O 76Cap $41.2B

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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.