The Largest Communications Services Companies by Market Cap in May 2026

Alphabet (GOOG +0.44%) (GOOGL +0.66%) is the top communications company by market cap, followed by Meta Platforms (META -1.18%) and Tencent (TCEHY -1.32%). This is a valuable market sector, mainly due to a few of the largest communications companies at the very top.

Image source: Getty Images.

Largest companies by market cap in the communications sector

(Editor’s note: Rankings are as of May 1, 2026.)

Loading ticker_table…

  1. Alphabet

  • Market cap: $4.67 trillion (as of May 1)
  • Revenue (TTM): $422.5 billion
  • Gross profit (TTM): $255.1 billion
  • Five-year annualized return: 26.80%
  • Year founded: 1998 (Google), 2015 (Alphabet)

TTM = trailing 12 months.

Expand

NASDAQ: GOOG

Alphabet

Today’s Change

(0.41%) $1.64

Current Price

$396.94

Key Data Points

Market Cap

$4.8T

Day’s Range

$393.67 - $398.37

52wk Range

$157.58 - $398.37

Volume

568K

Avg Vol

20M

Gross Margin

60.43%

Dividend Yield

0.21%

Expand

NASDAQ: GOOGL

Alphabet

Today’s Change

(0.66%) $2.62

Current Price

$400.61

Key Data Points

Market Cap

$4.9T

Day’s Range

$396.37 - $402.00

52wk Range

$156.16 - $402.00

Volume

994K

Avg Vol

30M

Gross Margin

60.43%

Dividend Yield

0.21%

Alphabet is the parent company of Google, the world’s most widely used search engine. Other products and services offered through Google include its Chrome web browser, Gmail, the Pixel line of smartphones, and the artificial intelligence (AI) assistant Gemini. Alphabet owns several other major companies, including YouTube, Waymo, Waze, Nest, and Fitbit.

In March 2026, Google and Meta lost a social media addiction case in California. A jury found the companies liable for $3 million in damages for allegedly designing their products to be addictive. Google plans to appeal the verdict.

  1. Meta Platforms

  • Market cap: $1.55 trillion (as of May 1)
  • Revenue (TTM): $215.0 billion
  • Gross profit (TTM): $176.1 billion
  • Five-year annualized return: 13.37%
  • Year founded: 2004

Expand

NASDAQ: META

Meta Platforms

Today’s Change

(-1.18%) $-7.28

Current Price

$609.53

Key Data Points

Market Cap

$1.5T

Day’s Range

$606.09 - $616.73

52wk Range

$520.26 - $796.25

Volume

858K

Avg Vol

15M

Gross Margin

81.94%

Dividend Yield

0.34%

Meta Platforms aims to connect people through technology. It’s the parent company of Facebook, Instagram, Messenger, and WhatsApp. It also develops virtual reality (VR) and augmented reality (AR) devices, including the Meta Quest.

The company is using AI to automate ad creation and is developing AI-powered military products. Meta also launched Meta Superintelligence Labs, an AI superintelligence unit, in June 2025.

  1. Tencent

  • Market cap: $553.47 billion (as of May 1)
  • Revenue (TTM): $110.1 billion*
  • Gross profit (TTM): $61.9 billion*
  • Five-year annualized return: -5.14%
  • Year founded: 1998

*Converted from Chinese yuan.

Expand

OTC: TCEHY

Tencent

Today’s Change

(-1.32%) $-0.80

Current Price

$59.82

Key Data Points

Market Cap

$541B

Day’s Range

$59.56 - $60.60

52wk Range

$59.26 - $87.68

Volume

3.3M

Avg Vol

3.7M

Gross Margin

54.73%

Dividend Yield

0.96%

Loading paragraph…

  1. Netflix

  • Market cap: $387.65 billion (as of May 1)
  • Revenue (TTM): $46.9 billion
  • Gross profit (TTM): $23.0 billion
  • Five-year annualized return: 12.39%
  • Year founded: 1997

Expand

NASDAQ: NFLX

Netflix

Today’s Change

(-0.91%) $-0.80

Current Price

$87.45

Key Data Points

Market Cap

$368B

Day’s Range

$87.21 - $88.03

52wk Range

$75.01 - $134.12

Volume

1.2M

Avg Vol

45M

Gross Margin

49.44%

With more than 325 million subscribers, Netflix (NFLX -0.91%) It is the world’s most popular streaming service. It started as a mail-based DVD rental service before launching its streaming service in 2007. Netflix boasts a massive content library of movies, TV shows, and games, with more than half of its content in the U.S. being Netflix Originals.

In 2024, Netflix began a push toward live sports. It streamed the boxing match between Mike Tyson and Jake Paul and aired multiple NFL games.

  1. China Mobile

  • Market cap: $268.15 billion* (as of May 1)
  • Revenue (TTM): $153.8 billion*
  • Gross profit (TTM): $89.6 billion*
  • Five-year annualized return: 10.22%
  • Year founded: 1997

*Converted from Chinese yuan.

China Mobile is a state-owned telecommunications company in China. It’s the largest wireless carrier in China and the world, with more than 1 billion customers at the end of 2025.

The company’s links to the Chinese government have led to U.S. sanctions. The New York Stock Exchange delisted China Mobile in 2021, and the Federal Communications Commission (FCC) designated China Mobile’s U.S. subsidiary a national security threat in 2022.

  1. T-Mobile US

  • Market cap: $212.18 billion (as of April 3)
  • Revenue (TTM): $90.5 billion
  • Gross profit (TTM): $56.3 billion
  • Five-year annualized return: 8.21%
  • Year founded: 1994

Expand

NASDAQ: TMUS

T-Mobile US

Today’s Change

(-0.46%) $-0.90

Current Price

$193.30

Key Data Points

Market Cap

$210B

Day’s Range

$193.17 - $195.66

52wk Range

$181.36 - $261.56

Volume

112K

Avg Vol

6.2M

Gross Margin

46.65%

Dividend Yield

1.96%

T-Mobile (TMUS -0.29%) is the second-largest wireless company in the U.S. by number of subscribers. It had about 142 million customers at the end of 2025.

The bulk of T-Mobile’s business comes from its postpaid and prepaid wireless plans, but it also offers home internet service and even online banking services. To enhance its home internet, it completed the acquisition of fiber-to-the-home provider Lumos in April 2025.

  1. Verizon Communications

  • Market cap: $200.91 billion (as of May 1)
  • Revenue (TTM): $139.1 billion
  • Gross profit (TTM): $81.8 billion
  • Five-year annualized return: -3.60%
  • Year founded: 1983

Expand

NYSE: VZ

Verizon Communications

Today’s Change

(0.28%) $0.13

Current Price

$47.22

Key Data Points

Market Cap

$197B

Day’s Range

$46.95 - $47.46

52wk Range

$38.39 - $51.68

Volume

16M

Avg Vol

27M

Gross Margin

45.50%

Dividend Yield

5.86%

While it’s not the largest by market cap, Verizon Communications (VZ +0.28%) is the No. 1 U.S. wireless carrier, with more than 146 million subscribers at the end of 2025. Like other major wireless companies, Verizon also offers home internet service.

  1. Walt Disney

  • Market cap: $182.61 billion (as of May 1)
  • Revenue (TTM): $95.7 billion
  • Gross profit (TTM): $35.7 billion
  • Five-year annualized return: -11.14%
  • Year founded: 1923

Expand

NYSE: DIS

Walt Disney

Today’s Change

(-0.59%) $-0.64

Current Price

$108.02

Key Data Points

Market Cap

$191B

Day’s Range

$107.54 - $109.21

52wk Range

$92.19 - $124.69

Volume

8.4M

Avg Vol

10M

Gross Margin

31.63%

Dividend Yield

1.16%

Walt Disney (DIS -0.68%) is one of the world’s most iconic media and entertainment companies. Its entertainment division includes film production, multiple streaming services, and TV channels. The experiences division has theme parks, resorts, cruises, and vacation packages. Disney also has a sports division led by ESPN.

  1. AT&T

  • Market cap: $181.49 billion (as of May 1)
  • Revenue (TTM): $125.6 billion
  • Gross profit (TTM): $74.8 billion
  • Five-year annualized return: 1.95%
  • Year founded: 1983

Expand

NYSE: T

AT&T

Today’s Change

(-0.40%) $-0.10

Current Price

$25.16

Key Data Points

Market Cap

$175B

Day’s Range

$25.11 - $25.39

52wk Range

$22.95 - $29.79

Volume

36M

Avg Vol

40M

Gross Margin

43.08%

Dividend Yield

4.41%

With more than 120 million subscribers at the end of 2025, AT&T (T -0.40%) is the third-largest U.S. wireless carrier. It offers postpaid and prepaid wireless plans, home internet, and phone and device sales.

AT&T has streamlined its services in recent years. The wireless company used to own DirecTV but spun that off into a new company in 2021. It also previously owned WarnerMedia, which it sold in 2021.

  1. Deutsche Telekom

  • Market cap: $156.66 billion (as of May 1)
  • Revenue (TTM): $138.8 billion*
  • Gross profit (TTM): $84.8 billion*
  • Five-year annualized return: 10.89%
  • Year founded: 1995

*Converted from euros.

Loading company_card…

Loading paragraph…

Alphabet and Meta anchor communication services at the top

The communications sector comprises a diverse range of companies in interactive media, entertainment, and telecommunications, but it’s top-heavy. Alphabet alone is worth more than the rest of the top 10 combined. Meta is also far larger than most other communications companies.

Still, investors have plenty of options in this sector. Wireless companies are common, and although they sometimes underperform the overall stock market, they are often good dividend stocks.

Interactive media and entertainment companies, on the other hand, tend to be growth stocks. Many of these companies are somewhat volatile and can be heavily affected by economic downturns. This can lead to short-term turbulence, but there are always valuable investment opportunities among the best communications stocks.

Related investing topics

The Largest Energy Companies by Market Cap in May 2026

Saudi Aramco and ExxonMobil are the largest energy companies by market cap.

The Largest Consumer Staples Companies by Market Cap in May 2026

Walmart, Costco, and Procter & Gamble are the largest consumer staples companies by market cap.

The Largest Technology Companies by Market Cap in May 2026

Nvidia and Apple are the largest companies in the tech sector.

The Largest Companies by Market Cap in May 2026

Nvidia and Apple top the list of the biggest companies by market capitalization.

About the Author

Lyle Daly is a contributing Motley Fool stock market analyst covering information technology and cryptocurrency. Lyle has been a contributor at the financial services company since 2018. His work has been featured on USA Today, Yahoo Finance, MSN, Fox Business, and Nasdaq. Before joining The Motley Fool, he wrote for financial brands including Intuit.

TMFLyleDaly

X@LyleDaly

Lyle Daly has positions in Alphabet and Meta Platforms. The Motley Fool has positions in and recommends Alphabet, Deutsche Telekom Ag, Meta Platforms, Netflix, Tencent, and Walt Disney. The Motley Fool recommends T-Mobile US and Verizon Communications. The Motley Fool has a disclosure policy.

Read Next

Stock Performance in Every Recession Since 1980

The State of LGBTQ Finance: A Survey of 2,000 Americans

ESG, SRI, Impact Investing: What Are They, How to Get Started, and How Funds Have Performed

State of Streaming 2025: Streaming Services and Consumer Sentiment

An Introduction to Digital Real Estate in the Metaverse

Average Net Worth by Age, Education, and Race

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin