List of Trillion-Dollar Companies [2025]
A trillion-dollar company typically refers to a publicly traded company whose market capitalisation has reached or has exceeded $1 trillion. While the market cap of a company changes over time, there are now more companies worth over trillion dollars than ever before.
This article provides a list of trillion-dollar companies - who they are and who could be next. This material is for informational purposes only and not financial advice. Consult a financial advisor before making investment decisions.
List of Trillion-Dollar Companies
Below is a list of some publicly traded trillion-dollar companies, as of November 2025. It should be noted that stock prices are volatile, and a declining share price could lead to any of these businesses to fall below the $1 trillion market capitalisation in the future.
Source: Admiral Markets Macroscope. 14 November 2025.
📌 Important Caveats and Context
- Crossing the $1 trillion threshold is not a guarantee of future performance. A company could fall below the threshold during a stock market decline or a change in investor sentiment and company fundamentals.
- The list above focuses on publicly traded companies whose valuations place them at or above the threshold. Private companies (which may have larger valuations) are excluded.
- Most of the companies listed are in the technology sector. However, companies like Berkshire Hathaway and non-US based trillion dollar companies like Saudi Aramco show that non-tech firms can also reach this scale - but there are far fewer in number.
Nvidia
Market Cap: ~$4.3 trillion
Founded in 1993 by Jensen Huang, Chris Malachowsky, and Curtis Priem, Nvidia revolutionised computing with the invention of the GPU (graphics processing units). Over time, Nvidia’s GPUs has become essential for artificial intelligence, data centres, and autonomous vehicles.
Today, Nvidia is leading the semiconductor industry, powering AI systems and cloud infrastructure through its CUDA platform and advanced chips like the H100 Tensor Core GPU.
Nvidia’s growth reflects the global demand for computing power, making it the world’s most valuable chipmaker and one of the largest companies by market capitalisation.
Microsoft
Market Cap: ~$3.80 trillion.
Microsoft is perhaps best known for its signature operating system that runs on most of the world’s computers. The company was founded in 1975 by Bill Gates and Paul Allen and spent the first few decades developing MS-DOS, a frontrunner for Windows, and Windows 95.
Over time, the company’s Office 365 suite and Azure cloud platform are now its major revenue drivers, while Xbox and studio acquisitions have positioned it as a key player in entertainment. Microsoft also operates LinkedIn, GitHub, and Bing, and is investing in artificial intelligence, integrating AI capabilities across products like Copilot and Microsoft 365.
Today, Microsoft is a diversified technology leader spanning software, hardware, cloud computing, and AI infrastructure, making it a key component to businesses and individuals worldwide.
Apple
Market Cap: ~$3.64 trillion.
Founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne, Apple helped define the personal computer era with the Apple I and Apple II computing systems. The launch of the Macintosh in 1984 introduced a graphical user interface that transformed home computing.
Today, Apple’s ecosystem includes well-known devices such as the iPhone, Mac, iPad, and Apple Watch, alongside digital services like iCloud, Apple Music, Apple TV+, and Apple Pay. The company continues to expand into new areas, including spatial computing with the Vision Pro headset and artificial intelligence integration across its platforms.
Alphabet
Market Cap: ~$3.08 trillion.
Alphabet Inc was formed in 2015 and is the parent company of Google, overseeing one of the world’s most influential search platforms. Google was founded in 1998 by Larry Page and Sergey Brin and revolutionised the internet with its search engine, later monetising it through targeted advertising which is still the company’s largest revenue source today.
Beyond search and ads, Alphabet’s portfolio includes YouTube, Google Cloud, Android, and the Chrome browser, each serving billions of users worldwide. The company also invests heavily in emerging technologies, including artificial intelligence, health research through Calico, and life sciences via Verily.
Amazon
Market Cap ~$2.47 trillion.
Founded in 1994 by Jeff Bezos, Amazon began as an online bookstore before expanding into a global e-commerce marketplace, redefining the retail sector.
In 2006, Amazon launched Amazon Web Services (AWS), now one of the world’s largest cloud computing platforms and a key driver of company revenue. Alongside its core e-commerce operations, Amazon has diversified into digital entertainment and technology through platforms such as Twitch, Audible, and Prime Video. It also operates Whole Foods Market, Kindle, Alexa, and Ring, extending its presence into groceries, smart devices, and home technology.
Other trillion-dollar companies
Besides the American tech giants, there are other trillion-dollar companies like Saudi Aramco and PetroChina. However, as these companies are listed in and operate out of countries that place a lot of restrictions on financial investment, it can be difficult for the average investor to acquire shares in some of these businesses.
Trillion-Dollar Companies Explained
Trillion-dollar companies are publicly listed with a market capitalisation above $1 trillion. Market capitalisation is the value of a company’s share price multiplied by the number of existing shares. This number represents the total ‘worth’ of the company.
Currently, there are a handful of trillion-dollar companies, most of which are American tech giants, like Nvidia, Apple, Amazon, Microsoft and Alphabet. Some other trillion-dollar companies are Saudi Aramco and PetroChina.
The first trillion-dollar company was PetroChina, which reached the milestone valuation in 2007 on the Shanghai Stock Exchange. The first American company to surpass a trillion dollars was Apple in 2018.
What is the next trillion-dollar company?
It's very difficult to forecast the next trillion-dollar company as it depends on market and investor sentiment. However, some analysts are forecasting more tech companies to reach the coveted $1 trillion market cap due to the potential growth in AI in the future.
For example, Oracle Corp currently has a market cap of around ~$687 billion but has transitioned its business into cloud infrastructure and AI due to its growth potential. Conversely, global retail company Walmart has a market cap of ~$817 billion. A period of growth could see its market cap potentially surpass one trillion in the future.
It's important to note that reaching a trillion-dollar market cap doesn't mean the company will continue to grow. Past performance is not a reliable indicator of the future. Market caps change over time as the value of a company changes over time - sometimes they grow and sometimes they decline.
Conclusion
The rise of AI technology as created growth in many US tech companies, helping them to reach a market cap above $1 trillion. This includes Nvidia, Microsoft, Apple, Amazon and others.
Market caps do change over time as the value of a company changes over time. Therefore, the list of trillion-dollar companies will change over time. To identify the next trillion-dollar company, analysing long-term macroeconomic trends and company fundamentals is crucial.
FAQs on Trillion-dollar Companies
How many trillion-dollar companies are there?
As of November 2025, there are ten trillion-dollar companies. These includes Nvidia, Apple, Microsoft, Alphabet, Amazon, Saudi Aramco, Broadcom, Meta, TSMC and Tesla.
What are the next trillion-dollar companies?
While no one can predict which companies will rise in valuation and how fast, likely contenders for the next trillion-dollar company are Walmart (~$817 billion) and Oracle (~$687 billion).
Which company has $3 trillion-dollars?
As of November 2025, there are four companies worth more than $3 trillion. These include Nvidia (~$4.3 trillion), Microsoft (~$3.80 trillion), Apple (~$3.64 trillion), Alphabet (~$3.08 trillion).
Is Nvidia a trillion-dollar company?
Yes, Nvidia is a trillion-dollar company. As of November 2025, it was worth ~$4.3 trillion.
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