Chosen by the house · not scored, not ranked

AI Leaders

12 US public companies whose own reports describe artificial intelligence as a principal business, read from their latest annual filing. A fund fact sheet would show price/earnings, price/book and beta; none of those can be proved from a filing, so none are here. What is here is what the filings carry — including research spending, which no fact sheet publishes at all.

Companies
12
Combined revenue
$2.12T
latest annual reports
Revenue growth
22.9%
weighted by revenue
Research spending
$208.2B
14.8% of revenue, 11 of 12 report it
Operating margin
31.8%
median
Return on equity
28.1%
median
Equity of assets
61.5%
median
CompanyRevenueGrowthOperating marginResearchEquity of assetsReturn on equityNext year, 80% range
AMZNAmazon Com$716.9BFY 202512.4%11.2%not filed separately50.2%18.9%$628.9B–$877.4Bfilings
GOOGLAlphabet$402.8BFY 202515.1%32.0%$61.1B15.2% of revenue69.8%31.8%$358.9B–$500.7Bfilings
MSFTMicrosoft$331.8BFY 202617.8%46.8%$35.6B10.7% of revenue58.3%30.2%$303.8B–$423.9Bfilings
NVDANvidia$215.9BFY 202665.5%60.4%$18.5B8.6% of revenue76.1%76.3%$308.9B–$431.0Bfilings
METAMeta Platforms$201.0BFY 202522.2%41.4%$57.4B28.5% of revenue59.4%27.8%$190.4B–$265.7Bfilings
ORCLOracle$67.4BFY 202617.3%30.6%$10.3B15.3% of revenue16.2%40.7%$60.1B–$83.8Bfilings
AVGOBroadcom$63.9BFY 202523.9%39.9%$11.0B17.2% of revenue47.5%28.4%$62.1B–$86.6Bfilings
SMCISuper Micro Computer$39.1BFY 202677.8%7.1%$771M2.0% of revenue48.4%15.4%$54.1B–$75.5Bfilings
MUMicron Technology$37.4BFY 202548.9%26.1%$3.8B10.2% of revenue65.4%15.8%$37.4B–$52.2Bfilings
AMDAdvanced Micro Devices$34.6BFY 202534.3%10.7%$8.1B23.4% of revenue81.9%6.9%$33.6B–$46.9Bfilings
ANETArista Networks$9.0BFY 202528.6%42.8%$1.2B13.7% of revenue63.6%28.4%$8.8B–$13.0Bfilings
PLTRPalantir Technologies$4.5BFY 202556.2%31.6%$558M12.5% of revenue83.0%22.1%$4.9B–$7.3Bfilings

Every figure is the company’s own, from its latest annual report on SEC EDGAR. The list is chosen by the house, not scored or ranked. The 80% range is Edgarette’s, method v3: on a year the method never saw, 83% of outcomes landed inside. Ask her about any company at Ask Edgar & Edgarette. Foreign filers (TSMC, ASML, SAP) report on Form 20-F with different tags and are left out rather than half-read. Built 2026-09-20 · free to reuse with credit, CC BY 4.0.

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