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Small-Cap Technology Companies

Technology companies screened by SEC revenue. Licensed market capitalization is not used.

Belvedere does not currently display licensed market capitalization. The screens below use latest reported quarterly revenue from SEC XBRL as a disclosure-size proxy, not as a market-cap category. Small-cap proxy: latest quarterly revenue $5 million–$250 million in the Technology sector.

Data dateSep 21, 2026
SourceSEC EDGAR XBRL
Market capNot used
Document typeData page

How does this differ from fastest-growing technology companies?

This page lists eligible issuers. The technology revenue-growth ranking orders issuers that also have comparable YoY revenue by a published formula.

Is this a Nasdaq or Russell technology index?

No. Membership is SIC-mapped Technology issuers in the Belvedere extract with latest quarterly revenue $5 million–$250 million.

Public companies in the Belvedere universe
CompanyTickerIndustryRevenueGrowthBelvedere FCFLatest filingResearch
AEHR TEST SYSTEMSNasdaq: AEHRAEHRInstruments For Meas & Testing of Electricity & Elec Signals$10.3M-43.7%—DEF 14A · Sep 9, 2026Universe
AGILYSYS INCNasdaq: AGYSAGYSServices-Computer Integrated Systems Design$87.7M+14.3%$7.3M10-Q · Jul 27, 2026Universe
ALPHA & OMEGA SEMICONDUCTOR LtdNasdaq: AOSLAOSLSemiconductors & Related Devices$163.8M-0.5%—10-K · Aug 27, 2026Universe
AMBARELLA INCNasdaq: AMBAAMBASemiconductors & Related Devices$108.1M+13.2%—10-Q · Sep 4, 2026Universe
Bandwidth Inc.Nasdaq: BANDBANDServices-Prepackaged Software$208.8M+19.8%—10-Q · Jul 29, 2026Universe
BLACKLINE, INC.Nasdaq: BLBLServices-Prepackaged Software$187.8M+9.2%—10-Q · Aug 5, 2026Universe
CEVA INCNasdaq: CEVACEVAServices-Computer Programming, Data Processing, Etc.$29M+13.1%—10-Q · Aug 10, 2026Active research
COHU INCNasdaq: COHUCOHUInstruments For Meas & Testing of Electricity & Elec Signals$84.1M+18.9%—10-Q · Jul 31, 2026Universe
DIGI INTERNATIONAL INCNasdaq: DGIIDGIIComputer Communications Equipment$138.7M+29.0%—10-Q · Aug 5, 2026Universe
HARMONIC INC.Nasdaq: HLITHLITRadio & Tv Broadcasting & Communications Equipment$133.5M+53.5%—10-Q · Aug 17, 2026Universe
Inspired Entertainment, Inc.Nasdaq: INSEINSEServices-Prepackaged Software$60.8M-24.3%—10-Q · Aug 5, 2026Universe
JFrog LtdNasdaq: FROGFROGServices-Prepackaged Software$163.8M+28.7%—10-Q · Aug 7, 2026Universe
MAXLINEAR, INCNasdaq: MXLMXLSemiconductors & Related Devices$168.8M+55.2%—10-Q · Jul 23, 2026Universe
MESA LABORATORIES INC /CO/Nasdaq: MLABMLABIndustrial Instruments For Measurement, Display, and Control$60.1M+1.0%$14.2M10-Q · Aug 10, 2026Universe
NETGEAR, INC.Nasdaq: NTGRNTGRComputer Communications Equipment$168.6M-1.2%—10-Q · Aug 6, 2026Universe
NETSCOUT SYSTEMS INCNasdaq: NTCTNTCTServices-Computer Integrated Systems Design$210.4M+12.7%$47.3M10-Q · Aug 6, 2026Universe
NLIGHT, INC.Nasdaq: LASRLASRSemiconductors & Related Devices$82.6M+33.8%—10-Q · Aug 7, 2026Universe
OneSpan Inc.Nasdaq: OSPNOSPNServices-Computer Integrated Systems Design$60.5M+1.0%—10-Q · Aug 4, 2026Universe
PagerDuty, Inc.NYSE: PDPDServices-Prepackaged Software$124.4M+0.8%—10-Q · Aug 27, 2026Universe
PHOTRONICS INCNasdaq: PLABPLABSemiconductors & Related Devices$216M+2.7%—10-Q · Sep 10, 2026Universe
POWER INTEGRATIONS INCNasdaq: POWIPOWISemiconductors & Related Devices$118.9M+2.7%—10-Q · Aug 6, 2026Universe
QUALYS, INC.Nasdaq: QLYSQLYSServices-Prepackaged Software$182.2M+11.0%—10-Q · Aug 4, 2026Universe
Rapid7, Inc.Nasdaq: RPDRPDServices-Prepackaged Software$210.9M-1.5%—10-Q · Aug 10, 2026Universe
Red Violet, Inc.Nasdaq: RDVTRDVTServices-Prepackaged Software$26.7M+22.7%—10-Q · Aug 10, 2026Universe
SILICON LABORATORIES INC.Nasdaq: SLABSLABSemiconductors & Related Devices$228.2M+18.3%—10-Q · Aug 11, 2026Universe
SITIME CorpNasdaq: SITMSITMSemiconductors & Related Devices$157.4M+126.5%—10-Q · Aug 6, 2026Universe
SOUNDTHINKING, INC.Nasdaq: SSTISSTIServices-Prepackaged Software$23.9M-7.7%—10-Q · Aug 14, 2026Universe
VARONIS SYSTEMS INCNasdaq: VRNSVRNSServices-Prepackaged Software$67.1M+25.6%—10-Q · Jul 29, 2026Universe
VICOR CORPNasdaq: VICRVICRElectronic Components, NEC$113M+20.2%-$16.3M10-Q · Jul 29, 2026Universe
Xperi Inc.NYSE: XPERXPERServices-Prepackaged Software$114.5M+8.1%—10-Q · Aug 6, 2026Universe

30 issuers currently meet the proxy.

Fastest-growing in this screen

  • 1. SITIME Corp (SITM) · +126.5%
  • 2. MAXLINEAR, INC (MXL) · +55.2%
  • 3. HARMONIC INC. (HLIT) · +53.5%
  • 4. NLIGHT, INC. (LASR) · +33.8%
  • 5. DIGI INTERNATIONAL INC (DGII) · +29.0%
  • 6. JFrog Ltd (FROG) · +28.7%
  • 7. VARONIS SYSTEMS INC (VRNS) · +25.6%
  • 8. Red Violet, Inc. (RDVT) · +22.7%

Research Radar (subset)

  • PHOTRONICS INC (PLAB) — Revenue: +2.7%
  • PHOTRONICS INC (PLAB) — Revenue acceleration: +3.2 pp
  • PHOTRONICS INC (PLAB) — Margin change: $0.332
  • PHOTRONICS INC (PLAB) — Cash: $549.5M
  • PHOTRONICS INC (PLAB) — Share count: $58.2M
  • AMBARELLA INC (AMBA) — Revenue: +13.2%

Methodology

Universe, eligibility, and limitations

Eligibility

  • Belvedere universe
  • Sector = Technology
  • Revenue $5 million–$250 million

Limitations

  • Not a Nasdaq or Russell technology index
  • No recommendations
  • FCF is a Belvedere calculation when shown
Technology revenue-growth rankingTechnology industrySmall-cap equity researchResearch Radar

Frequently asked questions

How does this differ from fastest-growing technology companies?
This page lists eligible issuers. The technology revenue-growth ranking orders issuers that also have comparable YoY revenue by a published formula.
Is this a Nasdaq or Russell technology index?
No. Membership is SIC-mapped Technology issuers in the Belvedere extract with latest quarterly revenue $5 million–$250 million.
Are these small-cap tech stocks to buy?
No. The table is a disclosure-size universe. Recurring-revenue labels appear only when the issuer discloses them.

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