Skip to content
CloudKings

The ranking

The Cloud Kings 10

The Cloud Kings 10 are the ten largest publicly traded cloud service providers and cloud software companies worldwide, ranked by market capitalization. The order is calculated from market data and no company can pay to be included or to change its position.

The Cloud Kings 10

The world’s 10 largest publicly traded cloud service providers and cloud software companies, ranked by market capitalization. Ranking as of Oct 15, 2026.

The Cloud Kings 10 as of Oct 15, 2026
#CompanyMarket cap
1AlphabetGOOGL$4.25T
2MicrosoftMSFT$4.01T
3AmazonAMZN$2.75T
4Tencent0700$484B
5OracleORCL$407B
6AlibabaBABA$270B
7SAPSAP$260B
8ShopifySHOP$229B
9IBMIBM$221B
10SalesforceCRM$203B

Total equity market capitalization in USD, closing prices of Oct 15, 2026. Methodology v1.3.

Methodology and sources

Latest prices

Delayed or end-of-day prices, displayed by TradingView. They are provided for reference only and are not used to calculate the Cloud Kings ranking.

Loading prices connects your browser to TradingView, which receives your IP address and this page’s address. We remember your choice on this device. See our privacy policy.

Next in line

Eligible companies just outside the top 10 in this ranking. They enter the Cloud Kings 10 automatically if their market capitalization rises above the 10th-placed company.

Related companies

Tracked for context because they are closely connected to cloud computing, but outside the ranking boundary. They are not ranked.
  • CrowdStrikeNASDAQ: CRWD

    Primarily a cybersecurity company rather than a cloud platform or general cloud software provider. Tracked as a related company and not ranked.

  • PalantirNASDAQ: PLTR

    Excluded from the Cloud Kings 10 by editorial decision: its software is sold through Palantir Cloud and on-premises, and the cloud-hosted share is not disclosed. Tracked as a related company and not ranked.

  • Palo Alto NetworksNASDAQ: PANW

    Primarily a cybersecurity company. Tracked as a related company and not ranked.

Ranking archive

Every official ranking we have published, preserved as it appeared on its ranking date.

Ranking as of Oct 15, 2026 (methodology v1.3)
  1. 1Alphabet$4.25T
  2. 2Microsoft$4.01T
  3. 3Amazon$2.75T
  4. 4Tencent$484B
  5. 5Oracle$407B
  6. 6Alibaba$270B
  7. 7SAP$260B
  8. 8Shopify$229B
  9. 9IBM$221B
  10. 10Salesforce$203B

Closing prices of Oct 15, 2026. Share counts from each company’s latest filing. Currency conversion: EUR (ECB euro foreign exchange reference rate, 15 Oct 2026 (1 EUR = 1.1208 USD)), HKD (Derived by CloudKings from ECB euro foreign exchange reference rates, 15 Oct 2026 (1 EUR = 1.1208 USD = 8.7953 HKD, giving 7.84734 HKD per USD)). Market capitalizations were calculated by CloudKings from share counts in company filings, closing prices on 15 October 2026 and ECB euro reference rates, and every input was checked twice. The order of SAP and Alibaba depends on share counts that will be updated when both companies next report.

Read the full ranking methodology, eligibility criteria and the companies we have excluded.