Communication services companies with the highest income tax expense

Income tax expense is the tax a company charged against profit in its income statement for the year. It is not the same as the cash it handed to tax authorities: deferred tax, provisions and timing differences separate the two, often by billions. The cash figure is a different line in the cash-flow statement. 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 1–85 of 85 · Fiscal year 2025 · Data as of September 25, 2026

Comcast (CMCSA) tops the list with $6.1B in income tax expense for fiscal 2025, ahead of Verizon Communications ($5.1B) and AT&T ($3.6B). The top 10 together report $24.5B in income tax expense; the gap between #1 and #10 is ×11.85. 85 companies in Communication services report income tax expense, 3.7% of the 2320-filer universe. The last place on the list, Iqstel, comes in at $121,705.

Income tax expense
#CompanyIncome tax expenseYoY15-year trend
1ComcastCMCSAUS$6.1B+118.4%
2Verizon CommunicationsVZUS$5.1B+0.7%
3AT&TTUS$3.6B−18.5%
4T-Mobile USTMUSUS$3.3B−2.5%
5NetflixNFLXUS$1.7B+38.9%
6Charter CommunicationsCHTRUS$1.7B+2.6%
7Warner Bros. DiscoveryWBDUS$890M+846.8%
8BceBCECA$854M+102.6%
9FoxFOXAUS$768M+39.6%
10Rogers CommunicationsRCICA$515M+23.4%
11Thomson ReutersTRICA$423M+$546M
12WPPWPPGB$400M−22.2%
13Stubhub HoldingsSTUBUS$361M+800.2%
14Live Nation EntertainmentLYVUS$340M+$731M
15TelusTUCA$304M+43.6%
16Millicom International CellularTIGOLU$303M+7.8%
17Versant MediaVSNTUS$297M−37.9%
18NewsNWSAUS$275M+33.5%
19Sirius XMSIRIUS$251M+19.5%
20Omnicom GroupOMCUS$242M−56.8%
21VeonVEONAE$194M−10.6%
22Brightstar LotteryBRSLGB$165M−34.0%
23PearsonPSOGB$160M+66.4%
24Churchill DownsCHDNUS$147M+1.9%
25Liberty MediaFWONAUS$137M+211.4%
26Warner MusicWMGUS$120M−2.4%
27Life Time GroupLTHUS$120M+128.1%
28ViasatVSATUS$116M+$117M
29New York TimesNYTUS$107M+19.7%
30Vail ResortsMTNUS$104M+12.6%
31Ihs HoldingIHSGB$86.4M+24.7%
32Planet FitnessPLNTUS$85.9M+25.5%
33CimpressCMPRIE$84.1M+$133M
34Kyivstar GroupKYIVAE$74.0M+15.6%
35Tko GroupTKOUS$73.8M+98.0%
36Vivid SeatsSEATUS$69.4M+724.3%
37Nexstar MediaNXSTUS$67.0M−75.7%
38United Parks & ResortsPRKSUS$58.2M−9.1%
39CriteoCRTOLU$54.2M+36.2%
40Amc Global MediaAMCXUS$46.2M+6.3%
41TimTIMBBR$44.4M−48.9%
42StagwellSTGWUS$38.3M+190.3%
43DeluxeDLXUS$36.9M+56.4%
44GrouponGRPNUS$35.6M+36.4%
45AdeiaADEAUS$29.8M+80.2%
46ScholasticSCHLUS$28.5M+4,650.0%
47Madison Square Garden EntertainmentMSGEUS$28.1M+$120M
48Iridium CommunicationsIRDMUS$27.6M+125.3%
49Ziff DavisZDUS$25.4M−38.5%
50IdtIDTUS$24.7M+$31.1M
51Sphere EntertainmentSPHRUS$23.8M+$159M
52IqiyiIQCN$20.7M+147.0%
53Accel EntertainmentACELUS$20.7M+12.0%
54AngiANGIUS$18.7M+$35.5M
55Thryv HoldingsTHRYUS$16.7M+103.7%
56Pursuit Attractions & HospitalityPRSUUS$16.5M+160.9%
57CalixCALXUS$16.3M+$18.2M
58Lionsgate StudiosLIONCA$16.2M−5.8%
59EnnisEBFUS$16.0M+4.8%
60GogoGOGOUS$13.9M+216.5%
61Spotify TechnologySPOTLU$13.6M−93.8%
62Cinemark HoldingsCNKUS$12.4M+$72.5M
63Mcgraw HillMHUS$8.5M−91.2%
64Acco BrandsACCOUS$7.8M−45.5%
65Cpi CardPMTSUS$6.7M+20.9%
66IbottaIBTAUS$6.3M+$50.5M
67GlobalstarGSATUS$5.9M+175.3%
68Spok HoldingsSPOKUS$5.6M+9.7%
69RokuROKUUS$5.5M−41.3%
70Quad/GraphicsQUADUS$5.5M−14.1%
71Madison Square Garden SportsMSGSUS$5.2M−89.0%
72Clear Channel OutdoorCCOUS$4.9M+$14.3M
73Townsquare MediaTSQUS$4.7M+261.7%
74Amc EntertainmentAMCUS$4.5M+114.3%
75Onespaworld HoldingsOSW$4.5M+12.6%
76DraftkingsDKNGUS$4.3M+$90.6M
77Angel StudiosANGXUS$3.5M+$6.2M
78Reservoir MediaRSVRUS$3.3M+55.5%
79Xponential FitnessXPOFUS$1.3M+$1.7M
80Mediaco HoldingMDIAUS$895,000+179.7%
81Reading InternationalRDIBUS$853,000+77.3%
82GrandstandGRSD$522,000−85.0%
83Paradium.AiPAAIUS$520,000+108.8%
84BuzzfeedBZFDUS$386,000−41.7%
85IqstelIQSTUS$121,705−69.1%

All figures from SEC filings · FY2025 · 85

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{{cite web |title=Communication services companies with the highest income tax expense |url=https://companiesranked.com/en/communication-services-companies-with-the-highest-income-tax-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

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CompaniesRanked. (September 25, 2026). Communication services companies with the highest income tax expense. CompaniesRanked. https://companiesranked.com/en/communication-services-companies-with-the-highest-income-tax-expense

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@misc{companiesranked-en-communication-services-companies-with-the-highest-income-tax-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Communication services companies with the highest income tax expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/communication-services-companies-with-the-highest-income-tax-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

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