Largest communication services companies by gross profit

Gross profit is revenue minus the direct cost of goods and services sold. Not every company reports it; those that do not are absent from this ranking. Figures are for fiscal year 2025 and are read directly from each company's SEC filings; the source column on every row links to the document.

Ranks 1–32 of 32 · Fiscal year 2025 · Data as of September 25, 2026

Spotify Technology (SPOT) tops the list with $6.2B in gross profit for fiscal 2025, ahead of Sirius XM ($4.5B) and Millicom International Cellular ($4.1B). The top 10 together report $29.0B in gross profit; the gap between #1 and #10 is ×5.05. 32 companies in Communication services report gross profit, 2.1% of the 1524-filer universe. The last place on the list, Iqstel, comes in at $9.5M.

Gross profit
#CompanyGross profitYoY15-year trend
1Spotify TechnologySPOTLU$6.2B+21.5%
2Sirius XMSIRIUS$4.5B−2.8%
3Millicom International CellularTIGOLU$4.1B+34.4%
4WPPWPPGB$2.8B−9.7%
5TimTIMBBR$2.6B+2.2%
6PearsonPSOGB$2.5B+5.9%
7RokuROKUUS$2.1B+14.9%
8Mcgraw HillMHUS$1.7B+1.3%
9John Wiley & SonsWLYUS$1.3B+6.1%
10Ziff DavisZDUS$1.2B+25.3%
11NetflixNFLXUS$1.2B—
12DeluxeDLXUS$1.1B−3.1%
13CriteoCRTOLU$1.0B+6.8%
14AngiANGIUS$983M−12.8%
15CalixCALXUS$568M+25.3%
16Thryv HoldingsTHRYUS$533M−0.8%
17Acco BrandsACCOUS$500M−10.0%
18GrouponGRPNUS$453M+1.9%
19IdtIDTUS$446M+14.4%
20Lucky Strike EntertainmentLUCKUS$314M−8.2%
21TechtargetTTGTUS$293M+65.1%
22IbottaIBTAUS$271M−14.4%
23MNTNMNTNUS$224M+38.6%
24Cpi CardPMTSUS$170M−0.7%
25Genius SportsGENIGB$154M+19.5%
26GrandstandGRSD$150M+25.5%
27EnnisEBFUS$120M+2.7%
28Townsquare MediaTSQUS$109M−12.2%
29NewsmaxNMAXUS$74.4M−4.6%
30Paradium.AiPAAIUS$68.3M+22.7%
31FluentFLNTUS$53.0M+1,281.9%
32IqstelIQSTUS$9.5M+14.3%

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<p style="max-width:680px;font:13px system-ui,sans-serif">Source: <a href="https://companiesranked.com/en/largest-communication-services-companies-by-gross-profit">Largest communication services companies by gross profit</a> — CompaniesRanked, compiled from SEC EDGAR filings</p>

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{{cite web |title=Largest communication services companies by gross profit |url=https://companiesranked.com/en/largest-communication-services-companies-by-gross-profit |website=CompaniesRanked |date=2026-09-25 |language=en}}

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CompaniesRanked. (September 25, 2026). Largest communication services companies by gross profit. CompaniesRanked. https://companiesranked.com/en/largest-communication-services-companies-by-gross-profit

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@misc{companiesranked-en-largest-communication-services-companies-by-gross-profit-2026,
  author       = {{CompaniesRanked}},
  title        = {{Largest communication services companies by gross profit}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/largest-communication-services-companies-by-gross-profit}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

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