Key Highlights

  • Apple led the group with fiscal fourth quarter Revenue of $114.5 billion, up 12% from a year earlier.
  • Marriott International reported revenue of $7.005 billion and Net Income of $794 million.
  • Diamondback Energy revenue rose 38.4% (calculated) to $5.431 billion from $3.924 billion.
  • Loews revenue edged up 1.9% (calculated) to $4,759 million while net income fell to $306 million.
  • Fox revenue grew 22% to $4,571 million on World Cup and political advertising.

Which Companies Reported the Largest Quarterly Revenue This Earnings Season?

Five companies that reported on Nov 2, 2026 posted the largest quarterly revenue in this set, ranked here from highest to lowest. Apple (NASDAQ:AAPL) is far ahead at $114,477 million, or $114.5 billion, for its fiscal fourth quarter ended Sep 26, 2026, up 12%.

Marriott International (NASDAQ:MAR) ranks second with $7,005 million, up about 8.0% (calculated). Diamondback Energy (NASDAQ:FANG) follows at $5,431 million, up 38.4% (calculated). Loews (NYSE:L) reported $4,759 million, up 1.9% (calculated), and Fox (NASDAQ:FOX) reported $4,571 million, up 22%, for its fiscal first quarter.

The bases are very uneven, since Apple's figure dwarfs the other four, and fiscal calendars differ: Apple and Fox report fiscal quarters, while the others reported calendar third quarters. All five posted net income, ranging from $306 million at Loews to $30.7 billion at Apple.

1. Apple: What Powered Record September Quarter Revenue of $114.5 Billion?

Apple reported fiscal fourth quarter 2026 revenue of $114.5 billion, up 12% from $102.5 billion and a September quarter record. iPhone revenue rose 17% to $57.6 billion, and Services set a record at $31.6 billion, up 10%. Mac revenue rose 24% to $10.8 billion, while iPad fell 10% and Wearables, Home and Accessories declined 8%.

Net income was $30.7 billion, and diluted EPS of $2.10 included a $0.05 benefit from Tariff refunds. Fiscal 2026 revenue reached a record $478.8 billion, up 15%.

December quarter revenue is guided to grow 7% to 10%, with gross Margin of 45% to 46%, which management tied mainly to higher memory costs. The board declared a Cash Dividend of $0.27 per share, payable on Nov 16, 2026.

2. Marriott International: How Did 6.5% RevPAR Growth Support a $7.01 Billion Quarter?

Marriott reported third quarter revenue of $7.005 billion, up about 8% (calculated) from $6.49 billion, with net income of $794 million, up from $728 million, and diluted EPS of $3.04. Global RevPAR rose 6.5%, with luxury RevPAR up 12%.

Gross fee revenues rose 14% to $1.52 billion, and incentive management fees increased 22% to $181 million. Adjusted EBITDA grew 12% to $1.51 billion, while owned, leased and other revenue net of expenses fell to $41 million from $70 million.

The company now expects 2026 global RevPAR growth of 4.5% to 5%, versus 1.5% to 2.5% at the start of the year, and Capital returns of at least $4.8 billion. The development pipeline reached a record above 634,000 rooms.

3. Diamondback Energy: What Sits Behind Revenue Up 38.4%?

Diamondback reported third quarter revenue of $5.431 billion, up 38.4% (calculated) from $3.924 billion. Oil production averaged 525 MBO/d, flat with the second quarter, while the realized oil price was $87.30 per barrel, versus $64.60 a year ago and $96.82 in the second quarter.

Net income attributable to the company was $1.603 billion, or $5.69 per diluted share. Operating Cash Flow was $2.6 billion, free cash flow was $2.1 billion, and consolidated net Debt was $12.817 billion.

The board raised the annual base dividend 7.3% to $4.72 per share, payable Nov 19, 2026, and the company lifted 2026 oil production guidance to about 524 MBO/d and capital spending to $3.95 billion to $4.00 billion.

4. Loews: Why Did Net Income Fall to $306 Million as Revenue Edged Up?

Loews reported third quarter revenue of $4,759 million, up 1.9% (calculated) from $4,671 million, while net income attributable to shareholders fell to $306 million, or $1.50 per share, from $504 million, or $2.43. The Holding Company has subsidiaries in commercial property and casualty insurance, pipelines and hotels.

The insurance unit contributed $180 million versus $371 million, including a $125 million after-tax long-term care reserve update. Catastrophe losses were $78 million versus $41 million, and the combined ratio was 97.0% versus 92.8%.

Hotels earned $16 million after a $3 million loss, and pipelines earned $85 million versus $94 million. Parent Company cash and investments totaled $4.4 billion. The article draws only on a quarterly filing and describes no guidance.

5. Fox: How Did World Cup Broadcasts Lift Revenue 22% and Net Income 57%?

Fox reported fiscal first quarter revenue of $4,571 million, up 22% from $3,738 million, and net income attributable to stockholders of $943 million, up 57%, or $2.20 per diluted share. Advertising revenue rose 47% to $2,081 million, mainly on the World Cup broadcast and political advertising, and distribution revenue grew 9% to $2,084 million.

Adjusted EBITDA reached $1,641 million, up 54%, and operating cash flow was $616 million versus an outflow of $130 million a year earlier.

The company ended the quarter with about $4.5 billion of cash. Stockholders approved its agreed Acquisition of a streaming platform company in October 2026, and the deal awaits antitrust clearance.

Largest Quarterly Revenue Compared: Scale, Growth and Net Margin Across Five Reporters

Apple's revenue was about 16.3 times Marriott's (calculated), and the five companies together reported roughly $136.2 billion (calculated), of which Apple accounted for about 84.0% (calculated). Year over year growth ran from 1.9% at Loews to 38.4% at Diamondback.

Net income as a share of revenue also varied (calculated): about 29.5% at Diamondback, 26.8% at Apple, 20.6% at Fox, 11.3% at Marriott and 6.4% at Loews. Diamondback's margin was the highest of the group.

These comparisons mix bases. Apple and Fox use fiscal quarters, and net income is the figure attributable to the company in the articles that specify it.

What to Watch Next: Dividend Dates, December Quarter Guidance and a Pending Acquisition

Apple's dividend of $0.27 per share is payable on Nov 16, 2026 to holders of record on Nov 12, 2026, and its next report will show Supply conditions and memory pricing effects. Diamondback's $1.18 quarterly dividend is payable on Nov 19, 2026.

Marriott guided fourth quarter adjusted EBITDA up 12% to 14%, but its materials name no dated event. Loews points to its fourth quarter and full-year report, with no date identified. Fox's next item is closing of its streaming acquisition, and the files give no closing date.