Top 10 Biggest Tech Companies by Net Income in 2025 (Profit Ranking)
When people say “annual earnings,” they usually mean one of two things:
Revenue / Sales = how much money the company received from customers (top line)
Net income / Profit = what’s left after all costs (COGS, salaries, R&D, marketing, taxes, interest, etc.)
For a “biggest by earnings” ranking that actually measures profitability, the clean metric is net income (sometimes shown as “net earnings” in annual reports). That’s what we rank here.
Method (important): We use each company’s reported annual net income for FY2025 / 2025 annual results.
Because big tech companies don’t share the same fiscal year, “2025” here means the fiscal year that ended in 2025 (or the calendar year ended December 31, 2025, when applicable).
Quick table: Top 10 Tech Companies by Net Income in 2025
Alphabet (Google) — $132.2B
Apple — $112.0B
Microsoft — $101.8B
Amazon — $77.7B
NVIDIA — $72.9B
Meta — $60.5B
Broadcom — $23.1B
Oracle — $12.4B
IBM — $10.6B
Qualcomm — $5.5B
All figures are net income (profit), not revenue.
1) Alphabet (Google) — $132.2B net income (2025)
Alphabet’s profit dominance comes from a simple engine: global distribution + high-margin ad infrastructure. Even with heavy spending on AI, chips, and data centers, its core business still prints cash at scale.
Why it ranks so high:
Ads remain one of the most profitable business models ever built
AI spending is huge, but the margin structure is still strong
The company operates at a scale where small efficiency gains become billions
2) Apple — $112.0B net income (FY ended Sep 27, 2025)
Apple is the modern benchmark for premium hardware + services margin stacking. The iPhone is still a cash machine, but what keeps Apple near the top is that the ecosystem monetizes repeatedly through services.
Why Apple stays in the top 2:
High average selling prices + strong gross margins
Services revenue (subscriptions, App Store, payments, etc.) boosts profitability
Brand power reduces price sensitivity
3) Microsoft — $101.8B net income (FY ended Jun 30, 2025)
Microsoft is the “quiet assassin” of profit rankings: enterprise software, cloud, and infrastructure that businesses don’t want to turn off. It’s not only large — it’s sticky.
Why Microsoft is so profitable:
Enterprise contracts are recurring and resilient
Cloud + productivity suite economics are extremely scalable
The AI wave increases demand for cloud compute and tools
4) Amazon — $77.7B net income (2025)
Amazon surprises people here because they still think of it as “retail with thin margins.” But Amazon’s profit story is driven by the combination of AWS + advertising + a logistics machine that keeps improving.
Why Amazon can jump in profit even with huge spending:
AWS carries a disproportionate share of operating profit
Advertising is high-margin and growing
Scale effects in logistics can be brutal (in a good way) once optimized
5) NVIDIA — $72.9B net income (FY ended Jan 26, 2025)
NVIDIA is the poster child of the AI infrastructure cycle. When demand for compute explodes, the profit pools concentrate in whoever controls the platform everyone builds on.
Why NVIDIA ranks this high:
The GPU + software platform has strong lock-in
Data center AI demand created extraordinary pricing power
Margins expanded with scale and platform dominance
6) Meta — $60.5B net income (2025)
Meta remains a profit monster because it owns global attention at scale. It spends aggressively (AI, hardware bets, infrastructure), but the ad machine is still massive.
Why Meta is still top-tier profitable:
Ads monetize attention at enormous scale
Efficiency cycles matter: when Meta cuts costs, profit snaps back hard
AI improves ad targeting and content ranking (which improves monetization)
7) Broadcom — $23.1B net income (FY ended Nov 2, 2025)
Broadcom is the classic “picks and shovels” tech business — chips and infrastructure software. It benefits from AI buildouts (networking, accelerators, switching) and also from durable enterprise software cash flows.
Why Broadcom is highly profitable:
Critical infrastructure components (hard to replace)
Strong pricing power in key categories
Mature cash-flow discipline
8) Oracle — $12.4B net income (FY ended May 31, 2025)
Oracle still prints profit thanks to enterprise lock-in. Even when growth is debated, the profit base is real: maintenance, databases, and long-lived enterprise relationships.
Why Oracle stays in the top 10:
Sticky enterprise workloads
Maintenance and support economics
Cloud transition is pushing new revenue streams (even if uneven)
9) IBM — $10.6B net income (2025)
IBM’s profit improved meaningfully in 2025. It’s not the growth story people chase, but it’s still a major enterprise operator with durable cash-generating segments.
Why IBM makes the list:
Enterprise services and software still generate significant profit
Operational restructuring can show up as improved profitability
Large installed base and long relationships
10) Qualcomm — $5.5B net income (FY ended Sep 28, 2025)
Qualcomm’s net income in 2025 is notable because it includes major tax/accounting impacts in the period, but even so, Qualcomm remains highly profitable for a hardware+licensing business.
Why Qualcomm remains profitable:
Licensing model can be powerful
Smartphone chips + diversification into auto/IoT
Cycles matter a lot, so profit can swing year-to-year
What this ranking really shows (and what it doesn’t)
1) “Profit kings” are usually distribution kings
Alphabet, Apple, Microsoft, Amazon, and Meta aren’t just big — they control distribution:
Search and ads
Device ecosystems
Enterprise software standards
Commerce and cloud rails
Social graphs and attention
Distribution turns into profit because once a platform is dominant, incremental revenue is cheaper to earn.
2) Fiscal year timing matters (a lot)
This list mixes:
Calendar-year 2025 (ended Dec 31, 2025)
Fiscal years ending in 2025 (Apple, Microsoft, Oracle, Broadcom, NVIDIA, Qualcomm)
That’s normal for finance articles — just be explicit (we are). If you want a “pure” comparison, you’d normalize everything to the same 12-month window, but that becomes a different project.
3) Net income can be distorted by one-time items
Net income can be boosted or reduced by:
tax law changes and one-time tax charges
investment gains/losses
restructuring charges
accounting items that don’t reflect core operations
If you want a stronger “operational reality” view, add:
Operating income (core profitability)
Free cash flow (cash generation)