Top Communication Services Cash-Rich Stocks
Top communication services companies ranked by cash & equivalents, latest annual filings.
What Cash Reserves Mean for Communication Services Companies
Cash and equivalents measures the liquid balances management can mobilize quickly. In communication services, the figure splits sharply between two very different business models: legacy telcos tend to run lean balance sheets and route cash to dividend payments funded by steady subscriber revenue, while advertising-driven platforms and content companies often sit on substantial reserves that support content bets and acquisitions.
Why Cash Matters in Communication Services
Platform and media firms with deep reserves have optionality to fund content slates, acquire studios or creator tooling, and absorb advertising-cycle softness without cutting investment. For telcos, where cash is typically paid out rather than retained, the meaningful signal is less the absolute reserve and more the coverage ratio against the dividend. Reading either subsector by the other's yardstick produces misleading conclusions about balance sheet health.
What to Read Alongside
Pair cash reserves with Long-term Debt to frame the net cash position, Free Cash Flow to assess dividend and buyback capacity, and CapEx to see network upkeep and content production spend.
| # | Symbol | Company | Sector | ||
|---|---|---|---|---|---|
| 1 | META | Meta Platforms, Inc. | Communication Services | $35.87B | $1888.33B |
| 2 | GOOG | Alphabet Inc. | Communication Services | $30.71B | $4291.12B |
| 3 | VZ | Verizon Communications Inc. | Communication Services | $19.05B | $198.10B |
| 4 | T | AT&T Inc. | Communication Services | $18.23B | $174.39B |
| 5 | CMCSA | Comcast Corporation | Communication Services | $9.48B | $81.37B |
| 6 | NFLX | Netflix, Inc. | Communication Services | $9.03B | $305.47B |
| 7 | LYV | Live Nation Entertainment, Inc. | Communication Services | $7.09B | $39.41B |
| 8 | OMC | Omnicom Group Inc. | Communication Services | $6.88B | $20.74B |
| 9 | NTES | NetEase, Inc. | Communication Services | $6.74B | $75.21B |
| 10 | DIS | The Walt Disney Company | Communication Services | $5.70B | $181.91B |
| 11 | TMUS | T-Mobile US, Inc. | Communication Services | $5.60B | $177.28B |
| 12 | WBD | Warner Bros. Discovery, Inc. | Communication Services | $4.57B | $77.22B |
| 13 | FOX | Fox Corporation | Communication Services | $4.21B | $24.41B |
| 14 | NBIS | Nebius Group N.V. | Communication Services | $3.68B | $63.29B |
| 15 | BIDU | Baidu, Inc. | Communication Services | $3.52B | $31.44B |
| 16 | EA | Electronic Arts Inc | Communication Services | $2.86B | $52.93B |
| 17 | PSKY | Paramount Skydance Corporation | Communication Services | $2.66B | $11.12B |
| 18 | APP | AppLovin Corporation | Communication Services | $2.49B | $110.49B |
| 19 | WB | Weibo Corporation | Communication Services | $2.30B | $1.65B |
| 20 | IPG | The Interpublic Group of Companies, Inc. | Communication Services | $2.19B | $8.93B |
| 21 | NWS | News Corporation | Communication Services | $2.10B | $17.61B |
| 22 | LBTYA | Liberty Global Ltd. | Communication Services | $2.08B | $3.41B |
| 23 | TLK | Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk | Communication Services | $2.05B | $13.67B |
| 24 | AMX | América Móvil, S.A.B. de C.V. | Communication Services | $1.95B | $67.15B |
| 25 | ECHO | EchoStar Corporation | Communication Services | $1.88B | $27.73B |
| 26 | BILI | Bilibili Inc. | Communication Services | $1.74B | $6.25B |
| 27 | VEON | VEON Ltd. | Communication Services | $1.73B | $4.80B |
| 28 | ROKU | Roku, Inc. | Communication Services | $1.59B | $22.92B |
| 29 | TIGO | Millicom International Cellular S.A. | Communication Services | $1.55B | $15.95B |
| 30 | TTWO | Take-Two Interactive Software, Inc. | Communication Services | $1.55B | $39.25B |
| 31 | STUB | StubHub Holdings, Inc. | Communication Services | $1.24B | $2.27B |
| 32 | RBLX | Roblox Corporation | Communication Services | $1.21B | $36.61B |
| 33 | CHT | Chunghwa Telecom Co., Ltd. | Communication Services | $1.18B | $35.61B |
| 34 | FWONA | Formula One Group | Communication Services | $1.05B | $22.10B |
| 35 | SNAP | Snap Inc. | Communication Services | $1.03B | $9.64B |
| 36 | MTCH | Match Group, Inc | Communication Services | $1.03B | $9.91B |
| 37 | ATUS | Altice USA, Inc. | Communication Services | $1.01B | $0.84B |
| 38 | LUMN | Lumen Technologies, Inc. | Communication Services | $1.00B | $6.66B |
| 39 | PINS | Pinterest, Inc. | Communication Services | $0.97B | $10.96B |
| 40 | RDDT | Reddit, Inc. | Communication Services | $0.95B | $30.54B |
| 41 | IAC | People Inc | Communication Services | $0.94B | $3.14B |
| 42 | SBGI | Sinclair, Inc. | Communication Services | $0.87B | $0.96B |
| 43 | TKO | TKO Group Holdings, Inc. | Communication Services | $0.83B | $13.97B |
| 44 | LILA | Liberty Latin America Ltd. | Communication Services | $0.78B | $1.72B |
| 45 | Z | Zillow Group, Inc. | Communication Services | $0.77B | $6.89B |
| 46 | TDS | Telephone and Data Systems, Inc. | Communication Services | $0.77B | $4.23B |
| 47 | MOMO | Hello Group Inc. | Communication Services | $0.76B | $0.72B |
| 48 | FYBR | Frontier Communications Parent, Inc. | Communication Services | $0.75B | $9.64B |
| 49 | PLTK | Playtika Holding Corp. | Communication Services | $0.68B | $0.88B |
| 50 | TTD | The Trade Desk, Inc. | Communication Services | $0.66B | $6.56B |
| 51 | IQ | iQIYI, Inc. | Communication Services | $0.62B | $0.97B |
| 52 | BZ | Kanzhun Limited | Communication Services | $0.59B | $6.36B |
| 53 | WBTN | WEBTOON Entertainment Inc. | Communication Services | $0.58B | $1.51B |
| 54 | ZD | Ziff Davis, Inc. | Communication Services | $0.57B | $1.97B |
| 55 | MGNI | Magnite, Inc. | Communication Services | $0.55B | $3.63B |
| 56 | LLYVA | Liberty Live Holdings, Inc. | Communication Services | $0.55B | $8.76B |
| 57 | WMG | Warner Music Group Corp. | Communication Services | $0.53B | $14.48B |
| 58 | SPHR | Sphere Entertainment Co. | Communication Services | $0.51B | $5.21B |
| 59 | CHTR | Charter Communications, Inc. | Communication Services | $0.48B | $14.12B |
| 60 | KYIV | Kyivstar Group Ltd. | Communication Services | $0.46B | $3.10B |
| 61 | GSAT | Globalstar, Inc. | Communication Services | $0.45B | $10.76B |
| 62 | TV | Grupo Televisa, S.A.B. | Communication Services | $0.44B | $1.35B |
| 63 | AMC | AMC Entertainment Holdings, Inc. | Communication Services | $0.43B | $2.58B |
| 64 | GLIBA | Liberty Capital Corporation | Communication Services | $0.42B | $0.97B |
| 65 | DDI | DoubleDown Interactive Co., Ltd. | Communication Services | $0.39B | $0.65B |
| 66 | JOYY | JOYY Inc. | Communication Services | $0.37B | $3.90B |
| 67 | CRTO | Criteo S.A. | Communication Services | $0.34B | $0.82B |
| 68 | ATHM | Autohome Inc. | Communication Services | $0.31B | $2.46B |
| 69 | GRPN | Groupon, Inc. | Communication Services | $0.30B | $0.90B |
| 70 | UPWK | Upwork Inc. | Communication Services | $0.29B | $1.05B |
| 71 | MSGE | Madison Square Garden Entertainment Corp. | Communication Services | $0.29B | $3.84B |
| 72 | TGNA | Tegna Inc | Communication Services | $0.29B | $3.24B |
| 73 | GENI | Genius Sports Limited | Communication Services | $0.28B | $1.54B |
| 74 | NXST | Nexstar Media Group, Inc. | Communication Services | $0.28B | $5.12B |
| 75 | DV | DoubleVerify Holdings, Inc. | Communication Services | $0.26B | $2.08B |
| 76 | NYT | The New York Times Company | Communication Services | $0.26B | $11.38B |
| 77 | RUM | RUM Group Inc. | Communication Services | $0.24B | $4.55B |
| 78 | IDT | IDT Corporation | Communication Services | $0.23B | $1.71B |
| 79 | YELP | Yelp Inc. | Communication Services | $0.22B | $1.05B |
| 80 | CARG | CarGurus, Inc. | Communication Services | $0.19B | $2.95B |
| 81 | CCO | Clear Channel Outdoor Holdings, Inc. | Communication Services | $0.19B | $1.21B |
| 82 | EVER | EverQuote, Inc. | Communication Services | $0.17B | $0.80B |
| 83 | MSGS | Madison Square Garden Sports Corp. | Communication Services | $0.16B | $9.63B |
| 84 | OPRA | Opera Limited | Communication Services | $0.16B | $1.61B |
| 85 | IMAX | IMAX Corporation | Communication Services | $0.15B | $2.96B |
| 86 | SCHL | Scholastic Corporation | Communication Services | $0.13B | $0.65B |
| 87 | DJT | Trump Media & Technology Group Corp. | Communication Services | $0.13B | $2.53B |
| 88 | NEXN | Nexxen International Ltd. | Communication Services | $0.13B | $0.51B |
| 89 | QNST | QuinStreet, Inc. | Communication Services | $0.13B | $0.99B |
| 90 | TBLA | Taboola.com Ltd. | Communication Services | $0.12B | $0.98B |
| 91 | AD | Array Digital Infrastructure, Inc. | Communication Services | $0.11B | $3.08B |
| 92 | STGW | Stagwell Inc. | Communication Services | $0.10B | $2.04B |
| 93 | EEX | Emerald Holding Inc | Communication Services | $0.10B | $1.00B |
| 94 | BATRA | Atlanta Braves Holdings, Inc. | Communication Services | $0.10B | $3.68B |
| 95 | HUYA | HUYA Inc. | Communication Services | $0.10B | $0.51B |
| 96 | ATEX | Anterix Inc. | Communication Services | $0.10B | $1.64B |
| 97 | NRDS | NerdWallet, Inc. | Communication Services | $0.10B | $0.58B |
| 98 | IRDM | Iridium Communications Inc. | Communication Services | $0.10B | $5.11B |
| 99 | SIRI | Sirius XM Holdings Inc. | Communication Services | $0.09B | $9.25B |
| 100 | GCI | Gannett Co., Inc. | Communication Services | $0.09B | $0.67B |
No companies match this search.
How this ranking is built
Companies are ranked by cash & equivalents as reported in their most recent annual filing with the SEC. Figures shown are in US dollars (or percent, as noted), rounded to two decimals.
- Source: annual 10-K / 20-F filings from companies trading on US exchanges (NYSE, Nasdaq, AMEX).
- Fiscal year: whichever annual period the company has most recently filed. Fiscal years don't always align with the calendar year, so the "as of FY" stamp above reflects the most common year across the table.
- Filtered out: warrants, preferred shares, and duplicate listings that share a parent company's financials.
- Size floor: A company qualifies at $500 million in market cap or above. Below that, one mis-stated figure outranks the companies the list is about.
- Currency check: A company whose annual revenue runs above 15 times its market cap is left out, because at that gap the two figures are not in the same currency.
- Currency check: A company whose balance sheet runs above 150 times its market cap is left out for the same reason.
- Update cadence: refreshed as companies file new annual reports (typically within 60–90 days of fiscal year end).
Not financial advice. This is a research tool, not a recommendation.