Tech & Software Companies With Real Debt Exposure

Which technology companies actually carry meaningful debt — and how stressed are they? Updated 2026-03-31.

Most tech companies are cash-rich and debt-light, but not all. Some have taken on significant debt through acquisitions (Broadcom, Synopsys), convertible note issuances (Zscaler, MongoDB), or capital-intensive buildouts. These are the tech names with over $100M in long-term debt, ranked by refinancing risk.

#	Company	Sector	Risk	Risk Score	Total Debt
1	Wolfspeed WOLF	AI Infrastructure & Semiconductors	9/10	9/10	$6.5B
2	BILL Holdings BILL	Cloud & Enterprise Software	5/10	5/10	$1.7B
3	Microchip Technology MCHP	AI Infrastructure & Semiconductors	5/10	5/10	$5.6B
4	Salesforce CRM	Cloud & Enterprise Software	4/10	4/10	$14.4B
5	Intel INTC	AI Infrastructure & Semiconductors	4/10	4/10	$46.6B
6	NXP Semiconductors N.V NXPI	AI Infrastructure & Semiconductors	4/10	4/10	$11.0B
7	Apple AAPL	Big Tech / Mega Cap	3/10	3/10	$90.7B
8	On Semiconductor ON	AI Infrastructure & Semiconductors	3/10	3/10	$3.0B
9	Super Micro Computer SMCI	AI Infrastructure & Semiconductors	3/10	3/10	$120M
10	Zscaler ZS	Cloud & Enterprise Software	3/10	3/10	$1.1B
11	Adobe ADBE	Cloud & Enterprise Software	2/10	2/10	$6.2B
12	Lam Research LRCX	AI Infrastructure & Semiconductors	2/10	2/10	$4.5B
13	Marvell Technology MRVL	AI Infrastructure & Semiconductors	2/10	2/10	$4.5B
14	Microsoft MSFT	Cloud & Enterprise Software	2/10	2/10	$43.2B
15	NVIDIA NVDA	AI Infrastructure & Semiconductors	2/10	2/10	$8.5B

Data sourced from SEC EDGAR XBRL filings. Rankings update automatically each week. See Methodology for scoring details.