A $20 trillion technology boom is driving $5 trillion in growth for tech companies

More than 5,000 tech companies have reported operating profit for the second quarter of 2017, according to data compiled by Recode.

While that’s a healthy return for a tech company, it’s far less than the $6.6 trillion in tech-related revenue in the year before.

In fact, tech companies saw operating profit drop by a whopping 37 percent from the same quarter a year ago.

More from Recode:Tech companies with the most profitable quarters in 2017 include Salesforce, Microsoft, Amazon, and Netflix.

(The data is broken down by industry.)

Read more at Recode

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