In this article, we look at 10 High Growth Low Debt Stocks to Invest in Right Now.
High-growth stocks often come with a catch. Some companies can expand quickly only by leaning on debt, issuing capital, or hoping that future profits arrive before the balance sheet starts barking. That can work in forgiving markets, but when rates stay elevated and investors become more selective, growth backed by financial discipline tends to stand out.
That is where low-debt growth stocks become attractive. These companies are not just chasing revenue expansion; they also have the balance-sheet flexibility to keep investing through tougher cycles. A strong cash position, limited interest burden, and manageable liabilities can give a company more room to fund product development, sales expansion, acquisitions, and international growth without being forced into defensive moves. In other words, the story is not only about how fast the top line is moving, but also about how much financial oxygen the company has while it runs.
For investors, that combination matters because high growth can be volatile, but low debt reduces one major source of fragility. The best names in this category tend to have expanding revenue bases, improving margins, strong liquidity, and business models that can compound without constantly borrowing to feed the machine. That makes them useful candidates for investors looking for growth without the balance-sheet drama.
Methodology
For this article, we screened for companies with strong recent growth and conservative balance sheets. We defined high growth as the latest reported revenue, annual recurring revenue, or recurring gross profit growth of at least 20% year over year. For the low-debt screen, we focused on companies with net cash positions, no meaningful debt, or cash and marketable securities comfortably exceeding interest-bearing debt. We then prioritized businesses with improving profitability, positive free cash flow, and durable growth drivers.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Insider Monkey’s quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
10. GitLab Inc. (NASDAQ:GTLB)
GitLab Inc. (NASDAQ:GTLB) is one of the high growth low debt stocks to invest in right now. On June 10, GitLab expanded its collaboration with Google Cloud to deliver a fully managed DevSecOps platform using the latest Gemini and Gemma models. The partnership gives enterprise customers a way to run GitLab on Google Cloud with managed service providers, while keeping control over code, pipelines, security data, data residency, and compliance requirements. For GitLab, the announcement strengthens its position as software development moves toward AI-assisted and agentic workflows.
The company’s latest results also support its place on the list. On June 2, GitLab reported first-quarter fiscal 2027 revenue of $264.2 million, up 23% year over year. Non-GAAP operating margin reached 14%, while operating cash flow was $149.2 million and adjusted free cash flow was $146.7 million. The balance sheet was also clean for a growth software company, with $335.4 million in cash and cash equivalents and $1.02 billion in short-term investments against total liabilities of $674.1 million.
GitLab Inc. (NASDAQ:GTLB) provides an intelligent DevSecOps orchestration platform that helps organizations manage software development, security, compliance, CI/CD, and AI-assisted workflows across the software lifecycle.
9. monday.com Ltd. (NASDAQ:MNDY)
monday.com Ltd. (NASDAQ:MNDY) is one of the high growth low debt stocks to invest in right now. The company is using AI to deepen its core work-management platform at a time when enterprises are looking to automate more everyday workflows without replacing their existing operating systems. On May 6, monday.com announced a major platform shift, moving from a work management platform to what it called an AI Work Platform. The update adds native AI agents that can help teams draft campaigns, qualify leads, resolve support tickets, onboard employees, process purchase requests, and handle other routine work under human supervision. It also adds connectors to Anthropic’s Claude, Microsoft 365 Copilot, and OpenAI’s ChatGPT.
That matters because monday.com is trying to turn AI from a feature into a broader growth engine across its customer base. The company reported first-quarter revenue of $351.3 million on May 11, up 24% year over year. GAAP operating income rose to $19.8 million from $9.8 million a year earlier, while non-GAAP operating income reached $49.0 million. monday.com also generated $104.7 million in operating cash flow and $102.8 million in adjusted free cash flow. Its balance sheet supports the low-debt angle, with roughly $1.21 billion in cash, cash equivalents, and marketable securities compared with $933.5 million in total liabilities.
monday.com Ltd. (NASDAQ:MNDY) provides an AI-powered work platform for work management, CRM, software development, service management, automation, dashboards, integrations, and cross-functional workflow orchestration.
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