Top 10 Most Profitable Companies in the World

Discover the global giants generating the most income. From big oil to big tech, we explore the 10 most profitable companies and the sources of their immense wealth based on the latest financial data.

💼 Business
9 min read
September 5, 2025

In the world of global business, market capitalization and revenue are often the headline figures. However, the true measure of a company's financial power is its profitability. Net income, or the "bottom line," reveals how much money a company actually makes after all expenses are paid. This is the figure that truly demonstrates efficiency, market dominance, and financial health.

This list delves into the titans of industry, the ten most profitable companies on the planet. The current landscape is dominated by technology companies, with energy and financial services also well-represented. The tech giants leverage their vast digital ecosystems to generate incredible margins, while energy companies capitalize on global demand, and financial institutions benefit from their central role in the global economy. These are the companies shaping today's economic landscape.

(Note: Figures are based on TTM (Trailing Twelve Months) data as of September 5, 2025, covering the most recent four quarters: Q3 2024, Q4 2024, Q1 2025, and Q2 2025. Data can fluctuate significantly based on market conditions and quarterly performance.)

Methodology

This ranking is based on net income (profit after all expenses and taxes) using TTM (Trailing Twelve Months) data as of September 5, 2025. TTM data provides the most current and accurate picture by using the last four quarters of financial results, which for September 2025 includes Q3 2024, Q4 2024, Q1 2025, and Q2 2025. This approach gives us the most recent 12-month performance while smoothing out seasonal variations.

Data Sources:

  • Official company quarterly and annual financial reports
  • SEC filings (10-K, 10-Q reports)
  • Verified financial databases and market data providers
  • Company investor relations materials

Why TTM? TTM data is more current than annual reports and provides a rolling view of performance that smooths out seasonal variations and one-time events. For September 2025, TTM includes the most recent four quarters (Q3 2024 through Q2 2025), giving us the most up-to-date picture of each company's profitability while maintaining a full 12-month perspective. This approach eliminates the lag of waiting for full-year reports and provides a more accurate representation of current profitability trends.

Important Considerations:

  • Profit figures are highly volatile and can change dramatically quarter-to-quarter
  • Energy companies' profits are particularly sensitive to commodity price fluctuations
  • Tech companies may have varying revenue recognition patterns
  • Currency fluctuations can impact international companies' reported profits
  • Rankings can shift significantly based on market conditions, regulatory changes, and business cycles

List of Most Profitable Companies in the World

10. ICBC (Industrial and Commercial Bank of China)

TTM Net Income: ~$58.15 billion

As the world's largest bank by total assets, ICBC is a cornerstone of China's financial system and one of the most profitable banks globally. Its profitability stems from its massive scale, serving hundreds of millions of customers across China and financing countless infrastructure projects. As China's economy continues to grow, ICBC benefits from its dominant position in the world's second-largest economy.


9. JPMorgan Chase & Co.

TTM Net Income: ~$71.04 billion

The largest bank in the United States, JPMorgan Chase is a powerhouse in global finance. Its profitability stems from a diverse range of operations, including investment banking, commercial banking, and asset management. Its ability to navigate complex financial markets and serve a vast client base, from individual savers to the world's biggest corporations, makes it a consistent leader in profitability.


8. Meta Platforms (Facebook)

TTM Net Income: ~$81.23 billion

Meta Platforms, formerly Facebook, has transformed into one of the world's most profitable companies through its dominance in social media and digital advertising. The company's profitability comes from its vast ecosystem of platforms including Facebook, Instagram, WhatsApp, and its growing metaverse investments. Its advertising business benefits from its massive user base and sophisticated targeting capabilities.


7. Berkshire Hathaway

TTM Net Income: ~$81.59 billion

Led by the legendary investor Warren Buffett, Berkshire Hathaway is a unique entity on this list. It is a massive conglomerate holding company that owns a diverse portfolio of businesses, from insurance (GEICO) and railroads to utilities and consumer products. Its profitability is a reflection of Buffett's famously successful long-term investment strategy and the company's ability to generate consistent returns across multiple industries.


6. Amazon

TTM Net Income: ~$85.15 billion

While known for its e-commerce dominance, the primary driver of Amazon's immense profitability is Amazon Web Services (AWS). AWS is the world's leading cloud computing platform, providing the digital backbone for countless businesses worldwide. This high-margin business, combined with its advertising and retail operations, makes Amazon a financial juggernaut.


5. NVIDIA

TTM Net Income: ~$100.89 billion

NVIDIA has emerged as one of the world's most profitable companies, driven by the explosive growth in artificial intelligence and data center demand. The company's graphics processing units (GPUs) are essential for AI training and inference, making it a critical player in the AI revolution. Its data center business has become its primary profit driver, with gaming and professional visualization also contributing significantly.


4. Microsoft Corporation

TTM Net Income: ~$123.62 billion

Microsoft has successfully transformed itself from a PC-focused software company into a cloud computing and enterprise services giant. The main driver of its profitability is its intelligent cloud segment, which includes the rapidly growing Azure platform. Its traditional strongholds, like Windows and Office, have also successfully transitioned to subscription-based models, ensuring a steady and massive income stream.


3. Apple Inc.

TTM Net Income: ~$130.21 billion

Apple is a masterclass in branding and creating a high-margin ecosystem of hardware, software, and services. The iPhone remains its cash cow, but its profitability is increasingly bolstered by its high-growth services division, which includes the App Store, Apple Music, and iCloud. Its fiercely loyal customer base and premium product positioning allow it to command incredible profits. Apple's success is also reflected in its position among the most valuable tech companies globally.


2. Alphabet (Google)

TTM Net Income: ~$140.07 billion

The parent company of Google, Alphabet, holds a dominant position in the digital world. The vast majority of its profit comes from Google's advertising business, which is powered by its search engine, YouTube, and Android operating system. Its investments in cloud computing (Google Cloud) and other "bets" like AI and autonomous driving continue to fuel its growth. Many of these tech giants are also featured in our analysis of the largest stock exchanges where they trade.


1. Saudi Aramco

TTM Net Income: ~$193.21 billion

The state-owned oil company of Saudi Arabia, Saudi Aramco is, by a significant margin, the most profitable company in the world. Its profitability is almost unfathomably large, thanks to its exclusive access to Saudi Arabia's vast and easily accessible oil reserves. As the world's largest oil producer, its financial performance is directly linked to global oil prices, making it a kingpin of the world economy.


Summary of the Top 10 Most Profitable Companies

RankCompanyCountryIndustryTTM Net Income (Sep 2025)
1Saudi AramcoSaudi ArabiaOil & Gas~$193.21 billion
2Alphabet (Google)United StatesTechnology~$140.07 billion
3Apple Inc.United StatesTechnology~$130.21 billion
4Microsoft CorporationUnited StatesTechnology~$123.62 billion
5NVIDIAUnited StatesTechnology~$100.89 billion
6AmazonUnited StatesTech & Retail~$85.15 billion
7Berkshire HathawayUnited StatesConglomerate~$81.59 billion
8Meta Platforms (Facebook)United StatesTechnology~$81.23 billion
9JPMorgan Chase & Co.United StatesFinancial Services~$71.04 billion
10ICBCChinaFinancial Services~$58.15 billion

Conclusion

The world's most profitable companies represent a fascinating cross-section of global economic power, with technology companies now dominating the top positions. This shift reveals much about the current state of the global economy and the sources of immense wealth generation in the digital age.

The overwhelming dominance of American tech giants (Alphabet, Apple, Microsoft, NVIDIA, Amazon, Meta) underscores the United States' continued leadership in innovation and digital transformation. These companies have successfully created scalable, high-margin business models that generate extraordinary profits through network effects, subscription services, cloud computing, and AI-driven platforms.

NVIDIA's remarkable rise to the top 5 reflects the explosive growth of artificial intelligence and the critical role of specialized hardware in powering the AI revolution. The company's data center business has become a primary profit driver as demand for AI computing continues to surge.

Saudi Aramco remains the world's most profitable company, demonstrating the enduring power of fossil fuels in the global economy. However, the fact that it's now followed by six technology companies shows the shifting balance of economic power toward digital innovation.

The financial sector's presence, represented by JPMorgan Chase and ICBC, highlights the critical role of banking in facilitating global commerce and economic growth. These institutions profit from their position as intermediaries in the world's financial system.

What's particularly striking is the geographic concentration of these profit leaders, with the United States dominating the list and China represented by its largest bank. This reflects the current global economic order and the concentration of corporate power in these two economic superpowers.

As the world continues to evolve—with AI transformation, energy transition, and shifting geopolitical dynamics—these profit rankings will likely continue to change, reflecting the ongoing transformation of the global economy toward a more technology-driven future.


Frequently Asked Questions

Net income is a company's total profit after all expenses, taxes, and costs have been deducted from total revenue. It's calculated as: Revenue - Expenses - Taxes = Net Income. This figure represents the actual profit a company makes.
Oil companies like Saudi Aramco benefit from high global demand for energy, relatively low production costs (especially in Saudi Arabia), and their ability to scale operations globally. Energy prices and demand directly impact their profitability.
Tech companies achieve high profitability through scalable digital products, subscription-based revenue models, network effects, and high-margin services like cloud computing and advertising platforms.
Yes, net income figures include all operating expenses, interest payments, taxes, and other costs. It represents the final profit after all business expenses have been accounted for.