In collaboration with Bloomberg Law, we calculated company revenue and market cap for the most recent available four quarters which ended on or near December 31, 2018. Data source: Bloomberg.
Note:
Revenue data are based on Bloomberg quarterly data, adjusted by Fenwick to reflect a calendar-year revenue for each company for comparison purposes. The following companies have provided revised or adjusted 2018 revenues in 2019 since the list was compiled, generally as a result of adjusting for the effects of transitioning from ASC 605 to ASC 606 revenue recognition: Applied Materials ($16,814M), Dolby Laboratories ($1,057M), Elastic N.V. ($241M), Intuit ($6,418M), Telenav ($172M) and Xilinx ($2,869M). In addition, Bloomberg has calculated adjusted revenue for LendingClub ($1,174M), reflecting that the net revenue required for GAAP reporting by financial institutions differs from revenue reported by operating companies more generally. These updated or adjusted revenues were not used for purposes of determining the Fenwick – Bloomberg Law SV 150 List, though Bloomberg generally provides them when reporting 2018 revenues for those companies.