List of largest corporate profits and losses

This page lists the largest annual and quarterly earnings and losses in corporate history.

Largest corporate annual earnings of all time This list has all global annual earnings of all time, limited to earnings of more than $45 billion in "real" (i.e. CPI adjusted) value. Note that some record earning may be caused by nonrecurring revenue, like Vodafone in 2014 (disposal of its interest in Verizon Wireless) or Fannie Mae in 2013 (benefit for federal income taxes).

# Company Industry Country Year Report date Earnings (billion) Earnings converted to USD and inflation adjusted (billion)1Saudi AramcoOil and gas202231 December 2022$161.1$2Saudi AramcoOil and gas201831 December 2018SAR 416.52 $ 3Saudi AramcoOil and gas202131 December 2021SAR 412.4 $ 4 Vodafone Telecommunications 2014 31 March 2014 £59.42 $5AlphabetInformation technology202531 December 2025$132.170 $6Saudi AramcoOil and gas202331 December 2024$121.3$7NvidiaSemiconductors202525 January 2026$120.067$8AppleConsumer electronics202229 September 2022$99.803$ 9 Fannie Mae Financial services 2013 31 December 2013 $83.98 $10AppleConsumer electronics202529 September 2025$113.24Apple-Inc. Full Year 2025 Report Summary$11AppleConsumer electronics202129 September 2021$94.68$ 12Saudi AramcoOil and gas201931 December 2019SAR 330.7Saudi Aramco Annual Report 2020 $13Saudi AramcoOil and gas202431 December 2024$106.2$14Berkshire HathawayConglomerate202131 December 2021 $89.8 $15Saudi AramcoOil and gas202531 December 2025$104.7$16Berkshire HathawayConglomerate201931 December 2019 $81.4 $17AlphabetInformation technology202431 December 2024$100.118$18AppleConsumer electronics202330 September 2023$96.995Apple Consolidated Financial Statements$19MicrosoftInformation technology202531 December 2025$101,832$20Berkshire HathawayConglomerate202331 December 2023$96.2$ 21 Saudi Aramco Oil and gas 2017 31 December 2017SAR 284.62 $22AppleConsumer electronics202430 September 2024$93.736$23Berkshire HathawayConglomerate202431 December 2024$89.0$24AlphabetInformation technology 202131 December 2021$76.0$25MicrosoftInformation technology202431 December 2024$88.1$26AlphabetInformation technology202331 December 2023$73.795$27AmazonInformation technology202531 December 2025$77.670$28MicrosoftInformation technology202331 December 2023$72.4$29 AppleConsumer electronics201830 September 2018 $59.53 $30NvidiaSemiconductors202526 January 2025$72.880$31Microsoft Information technology 202130 June 2021$61.27$ 32 Apple Consumer electronics 2015 26 September 2015 $53.4 $33AppleConsumer electronics2020 26 September 2020 $57.4 $34 Apple Consumer electronics 2019 30 September 2019 $55.26 $ 35 ExxonMobil Oil and gas 2008 31 December 2008 $45.22 $36Berkshire HathawayConglomerate202531 December 2025$66.97 $37AlphabetInformation technology202231 December 2022$59.972$ 38 Industrial & Commercial Bank of China Banking 2021 31 December 2021 RMB 350.216 $39Meta PlatformsInformation technology202431 December 2024$62.360$ 40 Industrial & Commercial Bank of China Banking 2020 31 December 2020 RMB 317.685 $ 41 Apple Consumer electronics201730 September 2017$48.35 $ 42 ExxonMobil Oil and gas 2006 31 December 2006 $39.5 $43 ExxonMobil Oil and gas 2007 31 December 2007 $40.61 $ 44 ExxonMobil Oil and gas 2012 31 December 2012 $44.88 $ 45 Apple Consumer electronics201624 September 2016$45.7 $46ExxonMobilOil and gas202231 December 2022$55.7$47Industrial & Commercial Bank of ChinaBanking 2014 31 December 2014 RMB 276.286 || $48Saudi AramcoOil and gas202031 December 2020SAR 183.8 $49AmazonInformation technology202431 December 2024$59.248$50Meta PlatformsInformation technology202531 December 2025$60.458$51JPMorgan ChaseBanking202431 December 2024$58.54Q24 Earnings Press Release$52 ExxonMobil Oil and gas 2005 31 December 2005 $36.13 $53 Industrial & Commercial Bank of China Banking 2013 31 December 2013 RMB 262.7 $54Berkshire HathawayConglomerate201731 December 2017 $44.9 $55 ExxonMobil Oil and gas 2011 31 December 2011 $41.06 $56 Apple Consumer electronics 2012 29 September 2012 $41.73 $57 Industrial & Commercial Bank of China Banking 2015 31 December 2015 RMB 277.720 $ 58 Industrial & Commercial Bank of China Banking 2017 31 December 2017 RMB 287.451 $59JPMorgan ChaseBanking202131 December 2021$48.33$60JPMorgan ChaseBanking202531 December 2025$57.0$ 61 Industrial & Commercial Bank of China Banking 2019 31 December 2019 RMB 313.361Industrial & Commercial Bank of China 2020 Annual Report $62Gazprom Oil and gas 2012 31 December 2012 RUB 1,224.5 $63NestléFood processing 2010 31 December 2010 $37.88 $64China Construction BankBanking202131 December 2021RMB 303.928$ 65 Industrial & Commercial Bank of China Banking 2018 31 December 2018 RMB 298.723 || $66MicrosoftInformation technology202030 June 2020$44.28$ 67 Industrial & Commercial Bank of China Banking 2016 31 December 2016 RMB 279.106 $68Apple Consumer electronics 2014 27 September 2014 $39.51 $69Berkshire HathawayConglomerate202031 December 2020$42.5Berkshire Hathaway Inc. 2020 Annual Report $70 Industrial & Commercial Bank of China Banking 2012 31 December 2012 RMB 238.7 $71Industrial & Commercial Bank of ChinaBanking202431 December 2024RMB 365.85$72 Apple Consumer electronics 2013 29 September 2013 $37.04 $73Industrial & Commercial Bank of ChinaBanking202531 December 2025RMB 370.77 $74 China Construction Bank Banking 2014 31 December 2014 RMB 228.247 $75 AlphabetInformation technology 202031 December 2020$40.7$76 China Construction BankBanking202031 December 2020RMB 273.579$77 China Construction BankBanking201931 December 2019RMB 255.63$78 Microsoft Information technology 2019 30 June 2019 $39.24 $79China Construction BankBanking201731 December 2017RMB 243.615 $80Royal Dutch Shell Oil and gas 2007 31 December 2007 $31.33 $81 China Construction Bank Banking 2013 31 December 2013 RMB 214.65 $82 Gazprom Oil and gas 2013 31 December 2013 RUB 1,139.2 $83 China Construction Bank Banking 2015 31 December 2015 RMB 228.886 $84China Construction BankBanking201831 December 2018RMB 255.626 $

Largest corporate annual losses of all time

This list has all global annual losses of all time, limited to losses of more than $20 billion in real value (July 2022).

# Company Industry Country Year Report date Nominal loss (billion) USD FX rate at period end USD equivalent loss (billion) USD inflation to December 2021 USD real loss (billion) 1 AOL Time Warner Media conglomerate 2002 31 December 2002 $98.7 1 $98.7 44.94% $143.06 2 American International Group (AIG) InsuranceFinancial services 2008 31 December 2008 $99.3 1 $99.3 28.47% $127.6 3 JDS Uniphase Optical products and broadband communications 2001 31 December 2001 $56.1 1 $56.1 48.30% $104.4 4 Fannie Mae Government-sponsored enterprisePublic company 2009 31 December 2009 $74.4 1 $74.4 25.91% $93.68 5 Fannie Mae Government-sponsored enterprise Public company 2008 31 December 2008 $59.8 1 $59.8 7.37% $64.21 6 Freddie Mac Credit services 2008 31 December 2008 $50.8 1 $50.8 7.37% $54.54 7 Qwest Communications Telecommunications 2002 31 December 2002 $35.9 1 $35.9 24.78% $44.8 8 General Motors Automotive 2007 31 December 2007 $38.7 1 $38.7 7.47% $41.59 9 Royal Bank of Scotland (RBS) Finance and insurance 2008 31 December 2008 £24.1 1.4479 $34.9 7.37% $37.47 10 General Motors Automotive 1992 31 December 1992 $23.50 1 $23.50 59.07% $37.38 11 General Motors Automotive 2008 31 December 2008 $30.9 1 $30.9 7.37% $33.18 12 Citigroup BankingFinancial services 2008 31 December 2008 $27.68 1 $27.68 7.37% $29.72 13 Vodafone Group Telecommunications 2006 31 March 2006 £14.853 1.7398 $25.84 12.97% $29.19 14 Freddie Mac Credit services 2009 31 December 2009 $25.7 1 $25.7 4.53% $26.86 15 Vodafone Group Telecommunications 2002 31 March 2002 £13.539 1.4262 $19.309 26.24% $24.38 16 United Airlines Airline 2005 31 December 2005 $21.18 1 $21.18 14.7% $24.29 17 Nakheel Real estate developer 2009 31 December 2009 $20.85 1 $20.85 4.53% $21.79 18 UBS BankingFinancial services 2008 31 December 2008 CHF19.7 0.9473 $18.7 7.37% $20.08

Largest corporate quarterly earnings of all time This list has all global quarterly earnings of all time, limited to earnings of more than $20 billion in real value.

# Company Industry Country Year Fiscal quarter Report date Earnings (billion) USD real earnings (billion) 1 Fannie Mae Government-sponsored enterprisePublic company 2013 1Q 9 May 2013 $58.7 $2Alphabet Inc.Information technology20261Q31 March 2026$62.578Alphabet Announces First Quarter 2026 Resultsf$3NvidiaSemiconductors20254Q25 January 2026$42.960$4AppleConsumer electronics20254Q31 December 2025$42.097$5Berkshire HathawayConglomerate20214Q31 December 2021$39.788$6Berkshire HathawayConglomerate20202Q8 Aug 2020$35.7$7AppleConsumer electronics20214Q31 December 2021$34.630$8Berkshire HathawayConglomerate20234Q31 December 2023$37.3$9MicrosoftInformation technology20254Q31 December 2025$38.458$10Berkshire HathawayConglomerate20232Q31 June 2023$35.912$11Berkshire HathawayConglomerate20231Q31 March 2023$35.504$12AppleConsumer electronics20244Q31 December 2024$36.330$13AppleConsumer electronics20234Q31 December 2023$33.916$14AppleConsumer electronics20204Q31 December 2020$28.755$15Alphabet Inc.Information technology20251Q31 March 2025$34.540$16AppleConsumer electronics20224Q31 December 2022$30.0$17NvidiaSemiconductors20263Q19 November 2025$31.9$18Samsung ElectronicsTechnology20261Q31 March 2026$31.8$19Amazon.comTechnology20261Q31 March 2026$30.255$20Alphabet Inc.Information technology20252Q31 June 2025$28.196$21AppleConsumer electronics20194Q31 December 2019$22.236$22MicrosoftInformation technology20253Q30 September 2025$27.747$23AppleConsumer electronics20253Q30 September 2025$27.466$24SK HynixSemiconductors20261Q31 March 2026$27.3$25MicrosoftInformation technology20252Q31 June 2025$27.233$26Alphabet Inc.Information technology20243Q31 June 2024$26.301$27AppleConsumer electronics20201Q28 Jan 2020$22.2$28NvidiaSemiconductors20262Q31 June 2025$26.2$29Berkshire HathawayConglomerate20191Q4 May 2019$21.7$30MicrosoftInformation technology20251Q31 March 2025$25.824$31Apple IncConsumer electronics20181Q1 February 2018$20.0$32AppleConsumer electronics20211Q31 March 2021$24.160$33AppleConsumer electronics20251Q31 March 2025$24.780$34MicrosoftInformation technology20213Q30 September 2021$20.505$35NvidiaSemiconductors20254Q1 Jan 2025$22.0$36AppleConsumer electronics20191Q30 Jan 2019$20.0$37MicrosoftInformation technology20244Q31 December 2024$24.108$38Apple IncConsumer electronics20161Q26 January 2016$18.4$39 Apple Inc Consumer electronics 2015 1Q 27 January 2015 $18.04 $40Apple Inc Consumer electronics 2017 1Q 31 January 2017 $17.89 $41 GazpromOil and gas 2011 1Q 30 August 2011 $16.24 $42 Royal Dutch ShellOil and gas 2008 2Q 30 June 2008 $15.68 $43ExxonMobilOil and gas 2008 3Q 30 September 2008 $14.8 $44Amazon.comTechnology20254Q31 December 2025$21.192$45Meta PlatformsInformation technology20244Q31 December 2024$20.838$46Amazon.comTechnology20244Q31 December 2024$20.0$

Largest corporate quarterly losses of all time

This list has all global quarterly losses of all time, limited to losses of more than $10 billion in real value (January 2025).