Armenia’s top 1,000 taxpayers contributed more than 459.27 billion drams (about $1.24 billion) to the state budget in the first quarter of 2026, according to the State Revenue Committee (SRC).

The list was published by the SRC.

The figure is 49.9 billion drams higher than in the same period last year. In Q1 2025, the total stood at 409.353 billion drams.

The breakdown between tax authority payments and customs authority payments was 380.334 billion drams and 78.935 billion drams, respectively.

The top three taxpayers on the list of the 1,000 largest taxpayers are Mobile Center, a mobile phone retailer; Gazprom Armenia, the country’s gas distribution company; and the Zangezur Copper-Molybdenum Combine, a mining company.