Champions League winners Real Madrid earned â¬88.6 million in prize money from UEFA last season, while beaten finalists Liverpool pocketed â¬81.2 million.
Semi-finalists Roma received the second-highest windfall of â¬83.8 million because they picked up a bigger share of the TV-rights money.
A year ago, runners-up Juventus topped the list with â¬110.4 million. Quarter-finalists Leicester picked up almost â¬81.7 million and champions Madrid earned â¬81 million.
Organiser UEFA awarded a basic â¬12.7 million to each of the 32 teams that reached the Champions League group stage in each of the last two seasons, plus bonuses for results and a share of the TV-rights money.
Of the group-stage clubs, Qarabag's â¬16.8 million was the lowest share of the almost â¬1.4 billion available in the prize fund.
A complex formula gives teams a share of broadcast deals covering their home country and allows domestic champions to earn more than second- to fourth-place sides.