Top Tech Companies in Salt Lake City, UT (997)

Profitability: Operating income has risen materially alongside growth, with the latest quarter reporting meaningful GAAP and adjusted operating profits and expanding margins. This indicates the business is scaling while improving earnings quality.

Resilient & Sustainable Growth: Gross profit is expanding at a strong, accelerating pace, with both Cash App and Square contributing and management raising full‑year outlooks. Longer‑term disclosures also highlight multi‑year compounding in gross profit per user across ecosystems.

Cost & Operational Efficiency: A leaner organizational structure and disciplined spending have driven record adjusted operating margins and improved operating leverage. Efficiency gains appear to be a second engine alongside revenue drivers.

Resilient & Sustainable Growth: Revenue has increased year over year to a new high, with all three major service lines posting gains despite a slower pace. Growth remains uneven by region, but the overall trajectory is upward over the last several fiscal years.

Future-Ready Strategy: Multi‑billion‑dollar investments in technology—especially nearly $1.5B in AI—along with acquisitions and scaling managed services indicate a deliberate pivot to future growth levers. Leadership attention to next‑generation audit and AI‑enabled capabilities underscores preparation for emerging demand.

Strong Market Position & Advantage: The organization is characterized as a leading global professional‑services network with broad scale across assurance, advisory, and tax and repeated external recognitions in select consulting categories. Reach across major multinational clients supports durable competitive positioning.

Strong Revenue Growth: ARR is reported at $150M in May 2025, with a February 2026 update indicating it was approaching $200M. External recognition like Deloitte’s Fast 500 cites very high multi-year revenue growth (e.g., 752% from 2021–2024).

Market Expansion: Customer penetration is described as nearly 100,000 paying customers by February 2026 and more than 600,000 companies served. Movement upmarket is highlighted by a stated 400% increase in enterprise accounts over the prior 12 months.

Innovation-Driven Growth: AI platform usage reportedly grew 500% year over year with 50,000+ weekly active users in 2025. Product momentum includes an AI Assistant launch, new AI integrations, and the Pocus acquisition in 2026.

Strong Market Position & Advantage: Customer base is described as including a very large share of major global enterprises across Fortune-ranked companies, top brands, and leading private equity firms, indicating entrenched enterprise reach. This positioning underscores a strong competitive footing across multiple service lines.

Market Expansion: Operations have scaled to capabilities in more than 140 jurisdictions, aided by the approximately $3 billion Intertrust acquisition and its full integration in 2024. Continued investment and activity are highlighted across Europe, the Americas, Asia-Pacific, and the Middle East.

Product Line Growth: The company has expanded from incorporation services into corporate/legal compliance, fund administration, capital markets, tax, digital brand protection, domain services, and global subsidiary management. Corporate and Legal Solutions is described as the largest revenue-generating unit with a sizable workforce.

Profitability: Cash App gross profit has risen strongly over multiple periods, with momentum attributed to growth in Borrow, BNPL products, and the Cash App Card. Company communications indicate continued year-over-year expansion that has supported raised outlooks.

Diversified Revenue Streams: Multiple monetization pillars—consumer lending, card spend/commerce enablement, banking features, and payments—are contributing to growth, while Bitcoin-related revenue has relatively little impact on gross profit. Excluding Bitcoin, segment net revenue growth has been materially stronger, and per-active monetization has increased.

Strong Market Position & Advantage: The platform has built a very large transacting active base and ranks near the top of U.S. finance app downloads, supporting scale-driven advantages. Engagement indicators such as inflows per active and primary banking adoption have increased, signaling deepening usage.

Profitability: Square gross profit increased year over year in 2025 and again in recent quarters, with gains driven by processing, software, and financial solutions like Square Loans. Filings indicate this momentum continued into 2026, with growth excluding hardware also improving.

Strong Market Position & Advantage: Square is described as a leader in small-business POS and commerce, serving millions of sellers and processing a very large volume of payments. Industry recognition and scale suggest durable competitive positioning in its core segments.

Market Expansion: International payment volume is growing faster than the U.S., and sectors such as food and beverage led recent gains. Seller acquisition accelerated late in 2025, indicating widening reach across geographies and customer segments.

Strong Market Position & Advantage: Independent market tracking shows Canvas leading North American higher education LMS adoption and continuing to win migrations, with meaningful presence in K‑12 and a large global footprint.

Strong Revenue Growth: Reported results prior to the late‑2024 take‑private showed double‑digit year‑over‑year revenue increases and rising customer counts, supported by continued share gains in higher education.

Investor Backing & Capital Strength: The completed take‑private by KKR and Dragoneer, along with stated multi‑year revenue ambitions, signals access to capital and sponsor support for ongoing product and go‑to‑market investment.

Strong Market Position & Advantage: The company is widely described as the world’s largest independent supplier of X‑ray imaging components with leading positions in tubes and detectors and a broad, innovation‑backed portfolio. Multiple sources depict leadership across medical, industrial, and security X‑ray components.

Profitability: Non‑GAAP EBITDA and EPS are reported as expanding as operational efficiency and product mix improvements lift margins on a stable revenue base. Observations indicate stronger earnings despite only modest top‑line growth.

Strategic Partnerships: Long‑standing OEM relationships with major medical, dental, veterinary, and industrial imaging system manufacturers are emphasized as a core operating model. These deep integrations support recurring demand and reinforce supplier stickiness.

Strong Revenue Growth: Disclosures and independent coverage indicate Brex re‑accelerated through 2025, with rising net revenue run‑rate and momentum particularly in enterprise accounts. Company materials also describe robust expansion within existing customers, reinforcing a durable top‑line trajectory.

Customer Loyalty & Retention: Company communications highlight high net revenue retention and notable up‑market wins (e.g., Anthropic, Arm, Robinhood, ServiceTitan, Sonos, Wiz), signaling strong expansion within accounts. These signals point to sustained customer engagement beyond initial card adoption.

Market Expansion: Brex broadened its geographic and product reach with a global stack (locally issued cards, local settlement/reimbursements across many countries) and a phased EU/UK rollout. New integrations (such as within Oracle ERP) and AI‑driven automation extend applicability across larger, multi‑entity environments.