Juventus and Milan were the top and fourth highest earners from the Champions League, revealed UEFA.
Clubs in the 2012-13 tournament received a grand total of €904.6m in participation, TV pool and performance-related revenue.
Despite going out in the quarter-finals to eventual winners Bayern Munich, Juventus picked up more money than any other team in the tournament.
Juve earned a total €65.3m from their participation in the Champions League, whereas Bayern earned just €55.046m.
Beaten Finalists Borussia Dortmund earned €54.161m, but Milan – who went out in the second round – were next in line with €51.4m.
They were followed by Real Madrid on €48.4m, Barcelona on €45.5m and Paris Saint-Germain with €44.7m.
As there were only two Serie A sides participating that season, the TV rights for Italy were split between Juve and Milan, giving them considerably larger sums than expected.