The Bay Area is home to some of the fastest growing companies across the Americas, according to a new report from the Financial Times.
More than four dozen Bay Area companies, both private and public, landed on the list which ranked 500 companies based on their revenue growth between 2018 and 2021.
The Business Times publishes our own list of fastest growing companies in the Bay Area below.
The Financial Times noted in its report that its fourth annual analysis spans a period that extends through two years of the Covid-19 pandemic and subsequent recovery but stops before interest rates increased in 2022. Technology companies, which make up more than a quarter of the companies on the list, were also impacted by a broad downturn and mass layoffs last year.
One of the most notable companies on this year's list is Twitter, which was a public company until Elon Musk's messy purchase of the social media company for $44 billion in October.
Twitter landed at No. 456 on the Financial Times' rankings, with its revenue growing 67% to a little over $5 billion in 2021 from around $3 billion in 2018.
However, the company generated 89% of its revenue from advertising in 2021, according to its annual report for that year. Many large brands started pulling advertising dollars from Twitter amid Musk's takeover last year, and the company's revenue reportedly dropped 35% in the final quarter of 2022, according to The Information.
Another company on the list is Lyft, which landed at No. 483 for growing revenue 49% to $3.2 billion in 2021 from $2.2 billion in 2018. Its hometown rival, Uber, is not on the list — the company reported revenue of $5.8 billion in 2021, down from $11.3 billion in 2018, according to annual reports filed with the SEC.
Here are all of the Bay Area companies listed in the latest list of the fastest growing companies in the Americas and their corresponding rankings, according to the Financial Times:
#9 Dynavax Technologies (Emeryville)
#10 Outset Medical (San Jose)
#11 Super (legally Snapcommerce Holdings Inc.) (S.F.)
#13 Arcus Biosciences (Hayward)
#34 ShockWave Medical (Santa Clara)
#37 InstaMortgage, Inc. (San Jose)
#39 DoorDash (S.F.)
#49 PNOĒ (Palo Alto)
#57 Zoom (San Jose)
#58 6sense (S.F.)
#71 Samsara (S.F.)
#73 FlashGrid (Sunnyvale)
#78 Winning by Design (Mountain View)
#108 OneSignal (San Mateo)
#114 Xoma (Emeryville)
#126 Sight Sciences (Menlo Park)
#127 Tiger Analytics (Santa Clara)
#150 Amyris (Emeryville)
#151 Block (S.F.)
#153 Twist Bioscience (South San Francisco)
#178 Jfrog (Sunnyvale)
#180 Enphase Energy (Fremont)
#189 Guardant Health (Redwood City)
#199 Ardelyx (Fremont)
#214 Deserve (Palo Alto)
#224 Zscaler (San Jose)
#228 Zūm (Redwood City)
#231 Pinterest (S.F.)
#232 Cloudflare (S.F.)
#236 Rigel Pharmaceuticals (South San Francisco)
#241 Okta (S.F.)
#256 Zynga (S.F.)
#260 Gemnote (San Leandro)
#262 DocuSign (S.F.)
#271 Silk Road Medical (Sunnyvale)
#272 One Medical (S.F.)
#276 Exabeam (Foster City)
#281 Prediktive (San Ramon)
#285 SingleStore (S.F.)
#286 C3 AI (Redwood City)
#289 AltexSoft (Foster City)
#290 Bospar PR (S.F.)
#328 Reltio (Redwood City)
#331 Creator Deck (legally Chictopia, LLC) (Burlingame)
#335 Bloomreach (Mountain View)
#343 Infolink-exp (San Jose)
#346 Cytokinetics (South San Francisco)
#361 Parachute Technologies (San Ramon)
#408 Netflix (Los Gatos)
#413 Fortinet (Sunnyvale)
#449 Advanced Micro Devices (Santa Clara)
#456 Twitter (S.F.)
#467 NextHome (Pleasanton)
#483 Lyft (S.F.)
