Multibagger

Research · refreshed nightly · August 17, 2026

Companies That Never Need to Raise Money (October 2026)

Self-funding companies still growing fast.

A company that never needs to raise money never faces a financing window slammed shut. These 50 self-funders are ranked by our growth dimension, and Palantir leads at 90 with a $351B cap. Applovin, NVIDIA, and Credo share 88, Arista sits at 87 while growing revenue 27% a year, and every one of them pays for tomorrow out of today's cash flow.

Self-funding changes the risk shape more than the return shape: no dilution treadmill, no lender's veto, no covenants to renegotiate. The median score of 78.5 marks an unusually strong field, and it is not all giants: Italian jeweler FOPE, at $244M, makes the top ten. Click any name for the full citation-backed analysis.

50companies qualify
79.5median growth
67median MGI
0joined this week

The ranking

Sorted by growth
1
AppLovin CorporationAPP🇺🇸
growth 90 · revenue +20%/yr · asset light
G 72V 65O 79Cap $106.0B
2
NVIDIA CorporationNVDA🇺🇸
growth 88 · revenue +60%/yr · asset light
G 38V 47O 36Cap $5.25T
3
Credo Technology Group Holding LtdCRDO🇺🇸
growth 88 · revenue +80%/yr · asset light
G 75V 46O 73Cap $48.5B
4
Palantir Technologies Inc.PLTR🇺🇸
growth 86 · revenue +32%/yr · asset light
G 61V 40O 56Cap $418.2B
5
Comfort Systems USA, Inc.FIX🇺🇸
growth 85 · revenue +30%/yr · scale economics
G 68V 56O 72Cap $66.1B
6
Astera Labs, Inc.ALAB🇺🇸
growth 84 · revenue +118%/yr · asset light
G 73V 39O 68Cap $55.8B
7
Arista Networks, Inc.ANET🇺🇸
growth 84 · revenue +29%/yr · asset light
G 68V 53O 70Cap $232.5B
8
Arm Holdings plcARM🇬🇧
growth 84 · revenue +21%/yr · asset light
G 74V 33O 65Cap $338.6B
9
Taiwan Semiconductor Manufacturing Company LimitedTSM🇹🇼
growth 84 · revenue +23%/yr · asset light
G 50V 45O 47Cap $2.22T
10
Atour Lifestyle Holdings LtdATAT🇨🇳
growth 83 · revenue +38%/yr · scale economics
G 72V 66O 79Cap $4.7B
11
argenx SEARGX🇳🇱
growth 83 · revenue +58%/yr · asset light
G 71V 57O 74Cap $55.6B
12
Reddit, Inc.RDDT🇺🇸
growth 83 · revenue +42%/yr · asset light
G 74V 62O 77Cap $33.8B
13
FOPE S.p.A.FPE.IT🇮🇹
growth 83 · revenue +27%/yr · asset light
G 70V 62O 74Cap $247.5M
14
Microsoft CorporationMSFT🇺🇸
growth 82 · revenue +12%/yr · asset light
G 39V 50O 39Cap $3.22T
15
Shopify Inc.SHOP🇨🇦
growth 82 · revenue +24%/yr · scale economics
G 73V 49O 72Cap $173.9B
16
Dave Inc.DAVE🇺🇸
growth 82 · revenue +33%/yr · asset light
G 61V 66O 66Cap $4.5B
17
BillionToOne, Inc.BLLN🇺🇸
growth 82 · revenue +77%/yr · asset light
G 77V 58O 81Cap $5.0B
18
Insulet CorporationPODD🇺🇸
growth 81 · revenue +23%/yr · asset light
G 72V 68O 80Cap $10.2B
19
Goodwin PLCGDWN.GB🇬🇧
growth 81 · revenue +13%/yr · scale economics
G 76V 58O 79Cap $2.1B
20
Mastercard IncorporatedMA🇺🇸
growth 80 · revenue +13%/yr · asset light
G 63V 59O 67Cap $474.8B
21
Samsara Inc.IOT🇺🇸
growth 80 · revenue +36%/yr · asset light
G 74V 54O 76Cap $20.5B
22
Liquidia CorporationLQDA🇺🇸
growth 80 · revenue +104%/yr · asset light
G 47V 48O 46Cap $6.9B
23
Veeva Systems Inc.VEEV🇺🇸
growth 80 · revenue +14%/yr · asset light
G 75V 60O 83Cap $39.6B
24
KLA CorporationKLAC🇺🇸
growth 80 · revenue +11%/yr · asset light
G 67V 39O 58Cap $266.2B
25
Plejd ABPLEJD.SE🇸🇪
growth 80 · revenue +28%/yr · asset light
G 75V 68O 81Cap $858.6M
26
Rush Street Interactive, Inc.RSI🇺🇸
growth 79 · revenue +23%/yr · scale economics
G 68V 61O 73Cap $6.2B
27
Sezzle Inc.SEZL🇺🇸
growth 79 · revenue +36%/yr · asset light
G 62V 56O 64Cap $5.1B
28
Vertiv Holdings CoVRT🇺🇸
growth 79 · revenue +18%/yr · scale economics
G 67V 57O 71Cap $121.0B
29
ASML Holding N.V.ASML🇳🇱
growth 79 · revenue +14%/yr · asset light
G 64V 42O 59Cap $794.8B
30
LIMES Schlosskliniken AGLIK.DE🇩🇪
growth 78 · revenue +37%/yr · asset light
G 65V 64O 70Cap $202.3M
31
Datadog, Inc.DDOG🇺🇸
growth 78 · revenue +31%/yr · asset light
G 68V 49O 67Cap $92.6B
32
Applied Nutrition plcAPN.GB🇬🇧
growth 78 · revenue +44%/yr · scale economics
G 62V 57O 64Cap $1.1B
33
innoscripta SE1INN.DE🇩🇪
growth 78 · revenue +43%/yr · asset light
G 66V 70O 73Cap $867.5M
34
IES Holdings, Inc.IESC🇺🇸
growth 78 · revenue +19%/yr · scale economics
G 64V 53O 65Cap $14.9B
35
Alnylam Pharmaceuticals, Inc.ALNY🇺🇸
growth 78 · revenue +42%/yr · asset light
G 73V 59O 77Cap $35.4B
36
Visa Inc.V🇺🇸
growth 78 · revenue +12%/yr · asset light
G 62V 53O 64Cap $660.4B
37
Caris Life Sciences, Inc.CAI🇺🇸
growth 77 · revenue +48%/yr · asset light
G 72V 58O 75Cap $5.6B
38
CrowdStrike Holdings, Inc.CRWD🇺🇸
growth 77 · revenue +32%/yr · asset light
G 65V 39O 58Cap $220.9B
39
Saab ABSAAB.B.SE🇸🇪
growth 76 · revenue +18%/yr · scale economics
G 67V 56O 69Cap $32.4B
40
AvePoint, Inc.AVPT🇺🇸
growth 76 · revenue +19%/yr · asset light
G 68V 67O 74Cap $2.6B
41
BELIMO Holding AGBEAN.CH🇨🇭
growth 76 · revenue +10%/yr · asset light
G 62V 46O 60Cap $13.3B
42
D-BOX Technologies Inc.DBO.CA🇨🇦
growth 76 · revenue +27%/yr · asset light
G 62V 63O 66Cap $194.2M
43
Tatton Asset Management plcTAM.GB🇬🇧
growth 76 · revenue +14%/yr · scale economics
G 69V 65O 74Cap $527.6M
44
The Vita Coco Company, Inc.COCO🇺🇸
growth 76 · revenue +13%/yr · scale economics
G 63V 55O 65Cap $3.8B
45
MongoDB, Inc.MDB🇺🇸
growth 76 · revenue +27%/yr · asset light
G 67V 44O 65Cap $37.0B
46
Intuitive Surgical, Inc.ISRG🇺🇸
growth 76 · revenue +14%/yr · asset light
G 66V 50O 66Cap $141.0B
47
K92 Mining Inc.KNT.CA🇨🇦
growth 75 · revenue +39%/yr · asset light
G 51V 55O 52Cap $5.3B
48
Friedrich Vorwerk Group SEVH2.DE🇩🇪
growth 75 · revenue +22%/yr · asset light
G 65V 69O 73Cap $1.6B
49
Medistim ASAMEDI.NO🇳🇴
growth 75 · revenue +11%/yr · asset light
G 58V 58O 60Cap $463.2M
50
Micron Technology, Inc.MU🇺🇸
growth 75 · revenue +25%/yr · asset light
G 34V 56O 36Cap $1.07T

Related research

Every ranking refreshes nightly from the same engine.

Growth That Actually Reaches ShareholdersThe 80% Gross Margin ClubBusinesses Sitting on Piles of CashThe Highest-ROIC Companies in the WorldThe Best Recurring Revenue BusinessesThe Costco Playbook: Scale Economics Winners
Want this list your way?
Run it as a live search: add size, geography or profitability in plain English, then ask Dig Deeper to reason over the results.
Run it as a search →

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.