Key Highlights

  • Apple (NASDAQ:AAPL) shows USD 338.32, down 1.83%, a market cap of USD 4,937.50 billion, trailing Net Income of USD 112.01 billion and a P/E of 38.78 on the highest net income screen, as of the capture on November 4, 2026.
  • Microsoft (NASDAQ:MSFT) reported GAAP net income of USD 36.6 billion for the quarter ended September 30, 2026, up 32%, on Revenue of USD 92.3 billion.
  • Alphabet (NASDAQ:GOOGL) shows USD 278.99, down 0.30%, a market cap of USD 3,401.17 billion, trailing net income of USD 132.17 billion and a P/E of 14.57 on the highest net income screen, as of the capture on November 4, 2026.
  • Amazon (NASDAQ:AMZN) reported third quarter 2026 net income of USD 20.7 billion against USD 21.2 billion, yet Operating Income rose to USD 28.1 billion.

1. Apple (NASDAQ:AAPL)

Apple (NASDAQ:AAPL) reported September quarter revenue of USD 114.5 billion, up 12%, with diluted EPS of USD 2.10, up 14%. The screen pairs profit with price, so the P/E ratio, price divided by earnings per share, shows how much investors pay for each unit of AAPL profit. The screen shows trailing EPS of USD 8.72, EPS growth of 32.61% and a Dividend Yield of 0.31%. Gross Margin was 47.9%, including about 1 point from Tariff refunds, and EPS included USD 0.05 from the same refunds, so part of the profit is not a repeatable operating gain. Apple returned USD 28 billion to shareholders and set a quarterly dividend of USD 0.27 per share payable on November 16, 2026. Fiscal 2026 revenue was USD 479 billion, an all-time record. The risk is that part of the quarter profit came from tariff refunds, and a single published source flags rising memory costs as a margin pressure.

2. NVIDIA (NASDAQ:NVDA)

NVIDIA (NASDAQ:NVDA) reported GAAP net income of USD 59.7 billion for the quarter ended July 26, 2026, up 126%, on revenue of USD 96.2 billion. NVDA is on this list because the highest net income screen ranks companies by trailing twelve month profit after tax, which rewards scale and says nothing about growth or valuation. Diluted EPS was USD 2.46. Data Center revenue reached USD 89.0 billion, up 117%, so roughly 93% of total revenue came from that segment, simple arithmetic on two published figures. For the next quarter NVIDIA guided revenue of USD 108.0 billion, plus or minus 2%, with gross margin near 74.0%, assuming no Data Center compute revenue from China. The screen shows trailing EPS of USD 7.91, EPS growth of 125.15% and a dividend yield of 0.25%. The risk is dependence on one segment: about 93% of revenue came from Data Center, and the guide excludes China compute revenue.

3. Microsoft (NASDAQ:MSFT)

On the highest net income screen, Microsoft (NASDAQ:MSFT) appears at USD 507.12, down 2.83%, a market cap of USD 3,765.97 billion, trailing net income of USD 133.75 billion and a P/E of 26.48, as of the capture on November 4, 2026. MSFT is on this list because the highest net income screen ranks companies by trailing twelve month profit after tax, which rewards scale and says nothing about growth or valuation. Azure revenue rose 48%, and Microsoft Cloud revenue reached USD 63.9 billion, up 30%. Commercial remaining performance obligation, contracted work not yet booked as revenue, climbed 73% to USD 677 billion. Non-GAAP net income was USD 36.4 billion, up 18%, because the adjusted figure excludes the OpenAI Investment effect that added USD 207 million to GAAP profit. The risk is concentration: the profit rests on cloud and AI Demand continuing, and a trailing net income figure says nothing about the price paid for it.

4. Alphabet (NASDAQ:GOOGL)

Alphabet (NASDAQ:GOOGL) reported third quarter 2026 net income of USD 26.2 billion, down about 25%, even as revenue rose 25% to USD 127.6 billion. Trailing net income adds the last four quarters, so one-off charges or gains can lift or cut it, which is why the quarter detail matters for GOOGL. Revenue rose 25% to USD 127.6 billion and operating income rose 30% to USD 40.6 billion, lifting the Operating Margin to 32% from 31%. Other income and expense swung to a net expense of USD 8.2 billion from net income of USD 12.8 billion a year earlier, which explains why profit fell while operating income climbed. Google Cloud revenue rose 103% to USD 30.7 billion, and Cloud operating income reached USD 11.1 billion, up from USD 3.6 billion. The risk is that non-operating swings can distort the headline profit, and the stock reaction to the report was not stated in the material reviewed.

5. Amazon (NASDAQ:AMZN)

On the highest net income screen, Amazon (NASDAQ:AMZN) appears at USD 245.63, up 2.20%, a market cap of USD 2,649.44 billion, trailing net income of USD 77.67 billion and a P/E of 19.85, as of the capture on November 4, 2026. The screen pairs profit with price, so the P/E ratio, price divided by earnings per share, shows how much investors pay for each unit of AMZN profit. The prior year quarter included USD 9.5 billion of pre-tax gains from Anthropic investments, which inflated the comparison base. AWS net sales rose 39% to USD 46.0 billion, with operating income of USD 17.8 billion. The screen shows trailing EPS of USD 12.37 and EPS growth of 74.78%. The risk is that investment gains can swing the bottom line, as the prior year comparison shows, so net income alone can mislead.

Where Things Stand

They say scale and not value. Apple (NASDAQ:AAPL) leads at USD 4,937.50 billion, NVDA follows at USD 4,869.65 billion, then MSFT, GOOGL and AMZN, and each has reported strong operating results, but a P/E of 14.57 to 38.78 shows how differently investors price their profit. Net income is what remains after every cost, tax and one-off item, so large profit says a company is established, not that its shares are cheap. Pairing profit with the P/E ratio and the latest quarter shows how much investors pay and what changed.