Category 09
Data brokers and surveillance technology
Public companies whose products materially depend on data brokerage, identity resolution, monitoring, tracking, surveillance hardware, or surveillance software.
Classification and underwriting
- Category definition
- Public companies whose products materially depend on data brokerage, identity resolution, monitoring, tracking, surveillance hardware, or surveillance software.
- Inclusion rules
- data brokers
- people search
- location tracking
- surveillance technology
- Exclusion rules
- enterprise software without personal-data resale or monitoring
- Value-chain roles
- data platform
- analytics provider
- monitoring software provider
- sensor and device provider
- public-sector systems provider
- Exposure measurement
- Revenue share from monitoring, data, analytics, devices, subscriptions, transactions, and public-sector contracts.
- Core operating signals
- recurring revenue
- renewal rate
- transaction volume
- contract backlog
- device deployments
- segment concentration
- Underwriting variables
- data rights
- switching costs
- contract quality
- hardware mix
- public-sector concentration
- privacy compliance
- Failure conditions
- privacy enforcement
- consent restriction
- contract loss
- platform exclusion
- technology obsolescence
- Monitoring triggers
- renewal changes
- enforcement actions
- contract awards
- data-access changes
- segment-margin shifts
- Portfolio use
- A proprietary category requiring direct product and revenue evidence; generic enterprise software is excluded.
Data brokers and surveillance technology company research
Latest annual filing available through SEC EDGAR. Fiscal periods and currencies remain separate.
| Company | Revenue | Operating margin | Net margin | Operating cash flow | Assets | Liabilities | Annual filing |
|---|---|---|---|---|---|---|---|
| PLTR · Palantir Technologies Inc. | USD 4.5 B | 31.6% | 36.3% | USD 2.1 B | USD 8.9 B | USD 1.4 B | 10-K · 2025-12-31 |
| AXON · AXON ENTERPRISE, INC. | USD 2.8 B | -2.2% | 4.5% | USD 211 M | USD 7 B | USD 3.8 B | 10-K · 2025-12-31 |
| CLBT · Cellebrite DI Ltd. | USD 476 M | 14% | 16.5% | USD 174 M | USD 939 M | USD 455 M | 20-F · 2025-12-31 |
| CGNT · Cognyte Software Ltd. | USD 400 M | 3.3% | -0.2% | USD 40.3 M | USD 521 M | USD 292 M | 20-F · 2026-01-31 |
Research coverage only. No row identifies a holding, ranking, recommendation, target price, or performance result.