AI software stocks
Software
Platforms, data, applications
The companies selling AI-driven software to businesses: data platforms that feed models, applications that embed them, and the tools that monitor them in production. Exposure here is usually a share of revenue, not the whole business.
| Company | Ticker |
|---|---|
| Palantir Technologies Data and AI platform (AIP) for governments and enterprises. | PLTR |
| ServiceNow Workflow platform adding AI agents across IT, HR and customer service. | NOW |
| Salesforce CRM software with Agentforce AI agents. | CRM |
| Snowflake Cloud data platform that feeds enterprise AI models. | SNOW |
| Datadog Monitoring and observability, including for AI and LLM applications. | DDOG |
| Microsoft Primary: Hyperscalers & Cloud Azure AI infrastructure, the OpenAI partnership, and Copilot across its software. | MSFT |
| Alphabet Primary: Hyperscalers & Cloud Gemini models, Google Cloud AI services, and in-house TPU accelerators. | GOOGL |
| Oracle Primary: Hyperscalers & Cloud Oracle Cloud Infrastructure rents large GPU clusters to AI labs. | ORCL |
| Cisco Systems Primary: Networking Networking, security and observability (Splunk) for AI data centers. | CSCO |
Companies whose primary category is elsewhere but that also belong here are listed with their primary tag.
How software companies earn from AI
Software companies sell what the models produce: agents that answer customer requests (Salesforce, ServiceNow), platforms that put a company's data in front of a model (Snowflake, Palantir), and tools that monitor AI applications in production (Datadog). Revenue here is subscription and consumption, so AI shows up as a faster growth rate or a new product line inside an existing business rather than as hardware orders.
Palantir is the exception: its AI platform is the whole company, so it is rated core. Salesforce and ServiceNow report AI contract value separately and it is under a tenth of revenue. Snowflake and Datadog report adoption metrics but no AI revenue at all. The honest description of this category is that AI is a share of revenue, and the share is disclosed only sometimes.
Editorial, written from the reported figures on each company page. Company names link to those pages: PLTR, NOW, CRM, SNOW, DDOG.
The numbers right now
Reported by the companies; each line links to the release or filing it comes from.
- Palantir revenue $1.935 billion, up 93%; U.S. commercial up 149%, U.S. government up 90%.Source · Q2 2026, quarter ended June 30, 2026
- Salesforce Agentforce and Data 360 ARR nearly $3.9 billion, up over 210%; total revenue $11.3 billion, up 11%.Source · Q2 FY2027, quarter ended July 31, 2026
- ServiceNow AI crossed $1 billion of annual contract value; subscription revenue $3.88 billion, up 24.5%.Source · Q2 2026, quarter ended June 30, 2026
- Snowflake product revenue $1.49 billion, up 37%; net revenue retention 126%; no AI revenue reported separately.Source · Q2 FY2027, quarter ended July 31, 2026
- Datadog revenue $1.12 billion, up 36%; AI-native customers contributed about seven points of growth in the December 2025 quarter.Source · Q2 2026 and FY2025 10-K
What to watch in software
- Whether Salesforce and ServiceNow keep disclosing AI contract value each quarter, and the growth rate of that line against total revenue growth of 11% and 24%. source
- Palantir's U.S. commercial remaining deal value ($6.2 billion, up 124%), the forward indicator for the only core-rated name here. source
- Consumption trends at Snowflake and Datadog: AI workloads raise usage, and usage is what these two bill for. source
Quotes
Compare
Latest 10-K, 10-Q and 8-K filings in Software
Source: SEC EDGAR- PLTR8-KEarnings release · items 2.02,7.01,9.012026-11-02documentfolder
- NOW8-KEarnings release · items 2.02,9.012026-10-28documentfolder
- NOW10-QQuarterly report2026-10-28documentfolder
- CRM8-KCurrent report · items 7.01,9.012026-10-20documentfolder
- SNOW8-KCurrent report · items 1.01,2.03,3.02,8.01,9.012026-10-02documentfolder
- CRM8-KCurrent report · items 7.01,9.012026-09-17documentfolder
- SNOW10-QQuarterly report2026-09-04documentfolder
- CRM8-KCurrent report · items 5.022026-09-04documentfolder
- SNOW8-KEarnings release · items 2.02,9.012026-09-02documentfolder
- CRM10-QQuarterly report2026-08-27documentfolder
- CRM8-KEarnings release · items 2.02,9.012026-08-26documentfolder
- DDOG8-KEarnings release · items 2.02,9.012026-08-06documentfolder
- DDOG10-QQuarterly report2026-08-06documentfolder
- PLTR10-QQuarterly report2026-08-04documentfolder
- PLTR8-KEarnings release · items 2.02,7.01,9.012026-08-03documentfolder