Top Software Companies in Salt Lake City, UT (209)

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.

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 Revenue Growth: Recent results show record annual revenue with continued quarterly increases and a raised full‑year outlook. A record multibillion‑dollar backlog adds visibility to near‑term growth.

Profitability: Operating margins remain robust, and full‑year earnings advanced materially, with non‑GAAP profitability metrics improving in recent periods. Management highlights operating leverage alongside higher sales.

Strong Market Position & Advantage: The company holds a dominant position in mission‑critical public‑safety communications and offers an integrated platform spanning radios, video security, and command‑center software. A substantial patent portfolio and long‑standing public‑safety relationships reinforce its moat.

Investor Backing & Capital Strength: Multiple raises, including a May 2025 round at a $1.6B valuation and a March 2026 $180M growth round, signal strong investor confidence and capacity to scale network and AI capabilities. Funding momentum underwrites continued M&A and U.S. footprint expansion.

Strong Revenue Growth: Placement on Deloitte’s 2025 Technology Fast 500 and the 2025 Inc. 5000 reflects material multi‑year revenue expansion. These third‑party recognitions corroborate rapid topline growth without disclosing exact financials.

Strong Market Position & Advantage: An integrated software‑plus‑owned fulfillment model differentiates it from pure software or pure 3PL point solutions and positions it as a leader within its defined unified‑commerce niche. Enterprise wins and acquisitions (e.g., OceanX, Amify) reinforce operational credibility and breadth.

Strong Market Position & Advantage: Independent industry grids in 2026 list the company as a leader in property management, and market overviews consistently include it among the principal vendors in the category. A large installed base and a broad, full‑stack suite spanning enterprise (Voyager) and SMB (Breeze) reinforce durable competitive positioning.

Innovation-Driven Growth: Recent AI releases (e.g., Virtuoso and real‑time connectors to external models) and new modules like Storage Manager indicate ongoing platform investment and product velocity. Reports highlighting focus areas such as AI, predictive maintenance, and integrated payments further underscore innovation momentum through 2025–2026.

Market Expansion: New enterprise wins in Europe and frequent EMEA press activity, alongside expanded offerings in Canada, point to continued geographic growth. Company and third‑party profiles also describe a sizeable global footprint with thousands of customers across many countries.

Strong Market Position & Advantage: Company communications and industry coverage consistently depict Ancestry as the category leader, citing tens of billions of records, millions of subscribers, and the world’s largest consumer DNA network. Blackstone’s 2020 acquisition and a weakened rival landscape (e.g., 23andMe’s 2025 bankruptcy) reinforce its durable leadership.

Product Line Growth: Content and features expanded with 243 new historical collections in 2025, the largest-ever ethnicity update, and the iMemories acquisition adding media digitization. AI-enabled processing accelerates turning archives into searchable data, signaling ongoing product and data-scale growth.

Market Expansion: The company launched services in Italy and the Netherlands in 2025 and reported strong subscriber scale alongside rising community uploads. A multiyear partnership with the U.S. National Archives supports continued content expansion that benefits multiple markets.