Thai Corporate Net Profit Added Up, 2007 to 2025 (2026)
In short
Thai companies that filed statements reported 38.28 trillion baht of net profit across 2007 to 2025. The final five statement years, 2021 to 2025, produced 13.65 trillion baht of that. That is 35.7 percent of the nineteen year total, from just over a quarter of the years. The first five years, 2007 to 2011, added only 5.91 trillion baht. Annual profit reached 2.95 trillion baht in 2025.
How much profit did Thai companies earn from 2007 to 2025?
Add up every annual total and the answer is 38.28 trillion baht (DBD, 2026). That is the net profit reported by companies that filed a financial statement, summed over nineteen statement years. The last five years, 2021 to 2025, account for 13.65 trillion baht of it. That works out to 35.7 percent of the total. Five years out of nineteen is 26.3 percent of the calendar, so the recent stretch carries more than its share. The cause is partly growth and partly coverage. More companies file each year, and prices rise, so later years look bigger on any nominal scale.
Cumulative net profit of Thai companies, 2007 to 2025
Figures in trillion baht, running total.
The running total passes 20 trillion baht in 2018 and then adds roughly 2.5 trillion baht a year.
Net profit in each statement year
- 20071
- 20081
- 20091
- 20101
- 20111
- 20122
- 20132
- 20142
- 20152
- 20163
- 20172
- 20182
- 20191
- 20202
- 20213
- 20223
- 20232
- 20243
- 20253
Figures in trillion baht.
2019 is the one deep dip after 2012, when profit halved to 1.24 trillion baht. Profit then recovered past 2.6 trillion baht in 2021.
Profit by period and by year
| Year | Net profit | Running total | Companies filing |
|---|---|---|---|
| 2007 | 1 | 1 | 315,581 |
| 2008 | 1 | 2 | 324,606 |
| 2009 | 1 | 3 | 329,995 |
| 2010 | 1 | 4 | 352,500 |
| 2011 | 1 | 6 | 376,859 |
| 2012 | 2 | 8 | 403,444 |
| 2013 | 2 | 10 | 433,671 |
| 2014 | 2 | 12 | 458,464 |
| 2015 | 2 | 14 | 480,268 |
| 2016 | 3 | 17 | 505,168 |
| 2017 | 2 | 19 | 535,469 |
| 2018 | 2 | 22 | 570,307 |
| 2019 | 1 | 23 | 594,830 |
| 2020 | 2 | 25 | 617,294 |
| 2021 | 3 | 27 | 648,550 |
| 2022 | 3 | 30 | 675,284 |
| 2023 | 2 | 33 | 705,512 |
| 2024 | 3 | 35 | 730,322 |
| 2025 | 3 | 38 | 715,339 |
Net profit of filing companies by statement year and running total, as of 14 Aug 2026. Amounts in trillion baht.
Why this matters
A yearly figure tells you how a year went. A running total tells you how much money the corporate sector has actually produced, and that is the number that funds dividends, tax bills and reinvestment. The last five years came close to matching the first ten. Those first ten years, 2007 to 2016, added 16.93 trillion baht, against 13.65 trillion baht for the final five. The cumulative picture also hides a slower story. Profit in 2025 is 2.91 times the 2007 level. Revenue grew 2.83 times over the same span. Across the whole period the aggregate net margin is 4.59 percent. Across the last five years it is 4.55 percent. Profit kept pace with revenue and only just outran it.
What the sum does not say
Nineteen years of filings are not nineteen years of the same companies. The filing count rose from 315,581 in 2007 to 730,322 in 2024, so later totals include many firms that did not exist or did not file earlier. The 2025 count of 715,339 sits below 2024, which suggests some statements are still arriving. The total is also nominal. A baht earned in 2007 bought more than a baht earned in 2025, and no inflation adjustment is applied here.
Definitions
- Net profit
- Revenue minus all costs, interest and tax for a filing year, as reported in the financial statement.
- Statement year
- The financial year a filed statement covers. The registry stores it in the Buddhist calendar, where 2568 equals 2025.
- Cumulative net profit
- The running sum of annual net profit totals from the first year shown.
- Aggregate net margin
- Total net profit divided by total revenue across all filing companies.
- Nominal
- Measured in baht of the year earned, without adjusting for inflation.
Assumptions
- Only companies that filed a statement contribute, so the total is a floor on true corporate profit.
- The same company appears in many years, so the sum is a flow of reported profit and not a count of distinct profit pools.
- Amounts are nominal and unadjusted for inflation.
- Filing coverage grew over the period and 2025 may still be filling in, so year to year comparisons carry coverage effects.
- Profit of loss making companies is netted against profit of profitable ones in each annual total.
Methodology
Each annual figure is the total net profit of all companies with a filed financial statement for that statement year, taken from the Department of Business Development registry aggregates. The database stores statement years in the Buddhist calendar, so 2550 to 2568 is converted to 2007 to 2025. Year 2569 is excluded because it is incomplete. The cumulative figure is a plain sum of the nineteen annual totals, in nominal baht, with no inflation adjustment. Data as of 14 August 2026.
How we verified this
- Sum of the nineteen annual net profit totals, 2007 to 2025, recomputed as 38,278,724,207,209 baht, which rounds to 38.28 trillion baht.
- Last five years 2021 to 2025: 2.654 + 2.909 + 2.349 + 2.786 + 2.948 = 13.646 trillion baht, and 13.646 / 38.279 = 35.65 percent.
- First five years 2007 to 2011: 1.012 + 0.918 + 1.054 + 1.456 + 1.468 = 5.908 trillion baht, and 5.908 / 38.279 = 15.44 percent.
- Five of nineteen years is 26.3 percent. First ten years 2007 to 2016 sum to 16.93 trillion baht, and 13.65 / 16.93 = 80.6 percent.
- 2025 profit 2.948 trillion baht divided by 2007 profit 1.012 trillion baht is 2.91. Revenue 67.950 / 23.991 = 2.83.
- Cumulative revenue 834.04 trillion baht gives 38.28 / 834.04 = 4.59 percent margin. Last five years revenue 299.86 trillion baht gives 13.65 / 299.86 = 4.55 percent.
- Statement years 2550 to 2568 converted to 2007 to 2025 by subtracting 543. Year 2569 excluded.
References
- Department of Business Development. (2026). Registered juristic persons and financial statement aggregates by statement year. Ministry of Commerce, Thailand. https://www.dbd.go.th/
Frequently asked questions
How much net profit have Thai companies earned in total since 2007?
38.28 trillion baht across statement years 2007 to 2025, summed from DBD aggregates as of 14 August 2026.
How much of that came in the last five years?
13.65 trillion baht, or 35.7 percent, came in 2021 to 2025.
What was the most profitable single year?
2025, at 2.95 trillion baht, just ahead of 2022 at 2.91 trillion baht.
Is the total adjusted for inflation?
No. All amounts are nominal baht as filed, so recent years are flattered by higher prices.
Cite this page
Chatpong L. (2026). Thai Corporate Net Profit Added Up, 2007 to 2025 (2026). Max Data Insights. https://maxdatathailand.com/insights/thai-corporate-net-profit-added-up-2007-2025-cumulative-2026
Data & corrections
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Written by
Chatpong L.Founder, Max Data, Max Solutions Co., Ltd.
Chatpong L. leads Max Data, a company-intelligence platform built on Thailand's official business registry. He writes about the structure of the Thai economy using primary registry data. His work covers company formation, industry concentration, and regional business activity.
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This page reports company-level and aggregate statistics only. It names no individuals and makes no claims about any person. Figures are provided for information and may be revised as source data updates.