Top Tech Companies in Washington, DC (2,616)

Innovation-Driven Growth: Recent moves pair a planned constellation expansion that combines higher-resolution imaging with higher revisit rates with an AI-centric platform and new 3D offerings. Together, these signal movement up the value chain toward higher-margin software and systems.

Market Expansion: Statements highlight expanding international activity, including a Bundeswehr-focused joint effort, more than a dozen new European customers in 2025, and 60+ government partners. These point to growing geographic reach and customer adoption.

Strategic Partnerships: Collaborations such as a German JV with Rheinmetall for ISR data integration and a build partnership with BAE Systems on next-generation satellites indicate deepening ecosystem ties. Such alliances can accelerate access to new programs and markets.

Strong Revenue Growth: Net revenue has increased over consecutive fiscal years to $638.4 million in FY26, building on gains reported in FY24 and FY25. This points to continued top-line expansion.

Investor Backing & Capital Strength: A significant minority investment from New Mountain Capital was announced on August 1, 2025 to accelerate growth, technology and acquisitions under an alternative practice structure. This provides funding capacity to scale and pursue M&A.

Innovation-Driven Growth: The mix is shifting toward advisory and technology services (nearly half of revenue per the firm), with capability additions reinforcing this pivot. The CompliancePoint transaction further broadens cybersecurity, privacy and compliance offerings.

Strong Revenue Growth: Revenue is rising, with 2025 reaching $89.5B (highest since 2018) and Q2 2026 at $24.6B as deliveries increased versus last year. The multi‑quarter trend indicates business scale is recovering.

Healthy Cash Flow: Cash generation is improving, highlighted by Q2 2026 positive operating cash flow and $0.6B in free cash flow. This shift reflects higher deliveries and working‑capital tailwinds.

Resilient & Sustainable Growth: Backlog has reached a record ~$715B, including over 6,200 commercial airplanes, supporting multi‑year production. This depth of contracted demand underpins revenue visibility.

Strong Revenue Growth: Clearing fee revenue and net income increased sharply in 2025 alongside record contract volumes, and 2026 monthly updates indicate continued double‑digit year‑over‑year activity. These trends point to rising financial throughput consistent with accelerated operating scale.

Market Expansion: The organization began clearing for MIAX Futures in May 2026, extending coverage to 21 exchanges and trading platforms. This broader network signals a widening footprint across venues and products.

Strong Market Position & Advantage: As the sole central counterparty for U.S. listed options and a designated SIFMU, it operates from an entrenched position with unmatched scale. Record multi‑year volumes and substantial risk resources reinforce that advantage.

Strong Revenue Growth: Net revenue rose 14% year over year in Q2 2026 (12% currency‑neutral) to $9.3B, with first‑half 2026 up 15% and full‑year 2025 up 16% (15% currency‑neutral). These results indicate sustained top‑line momentum across recent periods.

Diversified Revenue Streams: Value‑Added Services & Solutions grew 20% in Q2 2026 (18% currency‑neutral) and 23% in 2025, outpacing Payment Network growth. This mix shift adds a faster‑growing second engine alongside the core network.

Resilient & Sustainable Growth: Transaction fundamentals remained healthy in Q2 2026—gross dollar volume +8% to $2.9T, cross‑border +12%, and switched transactions +9% (local‑currency). Multi‑year growth from 2025 into the first half of 2026 underscores durable momentum.

Strong Market Position & Advantage: Independent analysts continue to place Qualtrics at the front of its market, with Gartner naming it a Leader in the Magic Quadrant for Voice of the Customer Platforms and positioning it highest on Ability to Execute and furthest on Completeness of Vision. This standing typically aligns with robust enterprise demand and supports commercial momentum.

Market Expansion: The company closed a $6.75 billion acquisition of Press Ganey Forsta on May 18, 2026, materially expanding its healthcare experience footprint and enlarging its data assets. Such scope increases are noted as common precursors to revenue growth and broader vertical penetration.

Innovation-Driven Growth: Qualtrics highlights rapidly expanding AI capabilities and analysis of billions of interactions annually, with usage of AI features surging and adoption widespread among large enterprise accounts. This product momentum supports upsell and cross‑sell into the installed base.

Strong Revenue Growth: Revenue expanded rapidly, with FY2025 up 83% to about $1.27B and Q1/Q2 2026 up 36% and 22% year over year, respectively. Management also raised 2026 revenue guidance to approximately $1.595–$1.605B.

Diversified Revenue Streams: Both Diagnostics and Data & Applications are expanding, with Diagnostics up 34.7% in Q1 and 20% in Q2 2026 and Insights/data licensing up 36% in Q2 alongside about $200M in new licenses. Rising oncology test volumes (28–31% YoY) and accelerating MRD tests (~4,700 in Q4 2025 to ~9,000 in Q2 2026) reinforce multiple growth engines.

Profitability: The company achieved its first GAAP-profitable quarter in Q2 2026 (net income about $5.6M; Adjusted EBITDA ~$8.0M). Guidance points to further improvement in 2026, indicating progress toward sustained profitability.

Strong Revenue Growth: Revenue rose 26% year over year to $1.39B in Q1 FY2027, while ARR grew 24% to $5.51B with record net new ARR. Management also raised FY2027 revenue and ARR guidance, indicating confidence in continued double‑digit expansion.

Profitability: GAAP profitability was achieved in Q1 FY2027 (diluted EPS $0.11) alongside higher non‑GAAP earnings, reflecting operating leverage at scale. Prior periods also highlighted improving profit metrics, reinforcing an upward profitability trend.

Healthy Cash Flow: Cash generation reached record levels in Q1 FY2027 with $591M in operating cash flow and $468.5M in free cash flow. FY2026 likewise set records for operating and free cash flow, underscoring durable unit economics.

Strong Market Position & Advantage: The FAA selected ASI in June 2026 to help modernize the National Airspace System through a multi-year program that brings its Flyways AI into core ATC operations. This selection signals scale-up potential and long-term revenue visibility.

Customer Loyalty & Retention: Alaska Airlines adopted Flyways in 2021 and renewed the partnership in 2024, citing operational and fuel-efficiency benefits. Alaska’s subsequent reports and white papers describe ongoing, production use, indicating continued value delivery.

Market Expansion: Partnerships announced in 2026 with Joby Aviation for eVTOL integration and with National Grid to apply “operational AI” to the electric grid show movement into adjacent markets beyond traditional airlines. These moves broaden relevance across aviation and critical infrastructure.

Strong Revenue Growth: Revenue is described as scaling from roughly $3M to about $80M over the last few years, with Inc. 5000 recognition citing a three‑year surge. Ongoing federal awards and ACV disclosures further point to continued top‑line expansion into 2025–2026.

Profitability: Profitability is reported as achieved and sustained over multiple recent years, indicating growth without heavy burn. Claims of closing ~$80M in ACV alongside profitability reinforce durable unit economics.

Market Expansion: A DIU prototype transitioned to a production vehicle with a ceiling near $99M and procurement trackers show FY2025–FY2026 awards, signaling broader adoption across DoD units. Active hiring, expanding deployments, and mentions of footprints abroad suggest widening reach.

Investor Backing & Capital Strength: Capital raised accelerated with a $260M Series C in April 2025 followed by a $650M Series D in April 2026, and third‑party trackers also reflect the D round and cumulative capital. These financings are described as enabling vertical integration, facility expansion, product development, and hiring.

Market Expansion: Contracts broadened from hardware into software, including July 15, 2026 selection to deliver Mosaic for the Space Force’s Kronos battle‑management program alongside spacecraft work like VICTUS HAZE. Company and trade updates also indicate participation on vehicles such as Andromeda and expanding mission scope (e.g., Mission X‑3 in June 2026 and VICTUS HAZE operations).

Strong Hiring & Retention: Employee growth indicators point to several hundred staff by mid‑2026 with plans to exceed 500 by year‑end 2026 and target 1,000 by 2028. New facilities—including a 90,000‑square‑foot Long Beach factory and expanded GravityWorks in Colorado—support ramping manufacturing and engineering capacity.

Strong Revenue Growth: Subscription revenue reached $3.877B in Q2 2026, growing strongly year over year, with total revenue also advancing. The company raised its full-year 2026 subscription outlook to $15.76–$15.78B and guided continued double-digit growth into Q3.

Product Line Growth: “ServiceNow AI” surpassed $1B in ACV in Q2 2026, acting as a catalyst for deal activity and upsell. Newer AI capabilities layered onto core workflows are described as adding incremental momentum.

Resilient & Sustainable Growth: Current and total RPO climbed to $13.20B and $29.0B, respectively, indicating strong contracted demand ahead. The number of customers above $5M in ACV increased meaningfully, supporting durable multi‑year expansion.

Profitability: Q2 2026 delivered positive GAAP operating income of $3.0M and non‑GAAP operating income of $28.9M, with management raising the 2026 non‑GAAP operating income outlook. This indicates margin improvement even as the top line softens.

Healthy Cash Flow: Free cash flow was $31.9M in Q2 2026 and management is targeting around $125–$135M for full‑year 2026. This ongoing cash generation underscores improved efficiency during a reset year.

Investor Backing & Capital Strength: Cash and short‑term investments increased to about $703M as of June 30, 2026, up from roughly $657M at year‑end 2025. This liquidity provides flexibility amid slower ARR and revenue trends.

Profitability: GAAP profitability and expanding Adjusted EBITDA are evident, with FY2026 delivering over $100M in Adjusted EBITDA and profitability continuing in Q1 FY2027. Margin gains reflect efficiency actions and operating leverage noted in recent periods.

Healthy Cash Flow: Cash generation is solid, with FY2026 producing $53.3M in free cash flow and Q1 FY2027 adding roughly $37M. Consistent positive cash flow supports ongoing operations and strategic initiatives.

Investor Backing & Capital Strength: The company completed a $140M Dutch‑auction tender repurchasing 24.3M shares and increased its open‑market repurchase authorization by $100M. These actions signal confidence and capacity to return capital.

Investor Backing & Capital Strength: A $138M Series D/D-1 (Nov 30, 2023) followed by a $100M Series E plus $50M in debt (Nov 18, 2025) provides substantial resources for scaling. Management links this capital to accelerating production across hypersonics, solid rocket motors, and space mobility.

Market Expansion: A new Longmont, Colorado manufacturing facility opened on August 20, 2026 alongside a broader multi‑site build‑out, with the state citing potential for up to 1,850 new jobs. Company updates say it “completed the next phase” of its scaling plan, indicating increased capacity.

Product Line Growth: Hot‑fires and flight activity across Draper and solid‑rocket‑motor programs, plus an SRM pathfinder completion and the unveiling of HAVOC, mark a shift from R&D toward production. Government awards in hypersonics and SRMs (e.g., $28.6M AFRL; $10M Navy MK 104) broaden applications and demand.

Market Expansion: The network is expanding with 14,669 new retailer locations and 1.6 million new customers added in 2025, alongside claims of 100,000+ participating locations and reach to tens of millions of consumers. New 2026 rollouts such as Save Mart’s nearly 200 stores and a New Jersey fuel model with QuickChek illustrate continued geographic and category expansion.

Strategic Partnerships: Recent additions and expansions with The Save Mart Companies, Coen Markets, Wendy’s via Meritage, and Desert De Oro Foods, plus integrations with Varo Bank and Marqeta, broaden access beyond the standalone app. Partnerships with platform players (e.g., Uber) and fuel brands support scaled distribution across verticals.

Product Line Growth: Growth is expanding beyond fuel, with restaurant transactions up 64% year over year in July 2025 and over half a million grocery offers claimed monthly. Ongoing grocery and QSR additions in 2026 are positioned to further lift non‑fuel transactions.

Market Expansion: Geographic footprint is widening with a 2024 Arlington office followed by a Seattle office in June 2025, explicitly framed as supporting continued growth. These additions position the company closer to key defense customers and talent pools on both coasts.

Innovation-Driven Growth: Recent prime awards across AI and autonomy—including a ~$98M Army STEAM IDIQ, a $48M Army OTA for UAS development, and DARPA’s Albatross—signal expanding technical scope and pipeline. Selection onto large multi‑award vehicles (e.g., IAC MAC Pool 2) further broadens access to work through 2025–2030.

Strong Hiring & Retention: Headcount indicators around 190+ employees and active multi‑site job postings into 2026 point to ongoing team growth. Repeated “Best Places to Work” recognition in Boston and Washington, D.C. aligns with effective talent attraction and retention.

Strong Revenue Growth: Revenue is on a clear upward trajectory, with estimates rising from 2024 through 2025, leadership guiding to a substantially larger 2026, and a stated path toward $1B by 2028. This momentum is tied to increasing orders, expanding programs, and a growing mix of software and systems.

Investor Backing & Capital Strength: A multi‑billion‑dollar capital package closed in March 2026, including a $1.5B Series G at a $12.7B valuation plus additional preferred equity and a delayed‑draw facility. This financing depth provides runway to scale autonomy software, aircraft programs, and the Aechelon acquisition.

Market Expansion: Operations and sales expanded internationally with new contracts across allies including Romania, Japan, Greece, and Canada, while U.S. traction includes Air Force CCA autonomy selections and a Navy contract to further develop X‑BAT. Over time, these moves broaden geographic reach and platform adoption.

Strong Hiring & Retention: Hiring momentum, explicit “rapid growth” language on the careers page, and ongoing requisitions across Woburn/Boston, Arlington, Dayton, Melbourne, and San Diego point to expanding teams and stable retention. LinkedIn and careers postings indicate an active build-out across engineering and related functions.

Innovation-Driven Growth: Recent U.S. Navy awards, continued DARPA work through at least early 2026, and progress on multi‑phase programs (e.g., AIR and other DARPA initiatives) indicate expansion fueled by advanced R&D in AI/ML, sensing, cyber/EW, and mission software. Follow‑on options and modifications suggest programs are maturing rather than winding down.

Market Expansion: A five‑site U.S. footprint and active recruiting across these locations reflect scaled operations beyond a single hub. Participation on large DoD IDIQ vehicles and industry engagement (e.g., a CVPR 2026 workshop sponsorship) point to a widening market presence.

Profitability: All‑time profit leadership and continued gains in 2024–2025 underpin sustained investor demand and fee generation. Returning roughly $5 billion of 2025 profits while maintaining about $66–$67 billion in AUM highlights durable earnings and disciplined sizing.

Market Expansion: The Miami headquarters build, additional 2026 real‑estate purchases, and a planned Dubai office point to an expanding physical footprint and long‑dated strategic commitments. Acquisitions in power and energy trading (e.g., FlexPower and Paloma Natural Gas) extend reach into global commodities markets.

Strong Hiring & Retention: Ongoing large‑scale recruiting, including new cohorts for the Citadel Associate Program and other early‑career pipelines, signals sustained investment in talent to support platform growth.