AAPL · Apple Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $111.18B | $143.76B | $94.04B | $95.36B | $124.30B | $85.78B | $90.75B | $119.58B | $81.80B | $94.84B |
| Cost of Revenue | $56.40B | $74.53B | $50.32B | $50.49B | $66.03B | $46.10B | $48.48B | $64.72B | $45.38B | $52.86B |
| Gross Profit | $54.78B | $69.23B | $43.72B | $44.87B | $58.27B | $39.68B | $42.27B | $54.85B | $36.41B | $41.98B |
| R&D | $11.42B | $10.89B | $8.87B | $8.55B | $8.27B | $8.01B | $7.90B | $7.70B | $7.44B | $7.46B |
| SG&A | $7.48B | $7.49B | $6.65B | $6.73B | $7.17B | $6.32B | $6.47B | $6.79B | $5.97B | $6.20B |
| Total Operating Expenses | $18.90B | $18.38B | $15.52B | $15.28B | $15.44B | $14.33B | $14.37B | $14.48B | $13.41B | $13.66B |
| D&A | - | $3.21B | - | - | $3.08B | - | - | $2.85B | - | - |
| Operating Income | $35.88B | $50.85B | $28.20B | $29.59B | $42.83B | $25.35B | $27.90B | $40.37B | $23.00B | $28.32B |
| Interest Expense | - | - | - | - | - | - | - | - | $998.00M | $930.00M |
| Income Tax | $6.25B | $8.90B | $4.60B | $4.53B | $6.25B | $4.05B | $4.42B | $6.41B | $2.85B | $4.22B |
| Net Income | $29.58B | $42.10B | $23.43B | $24.78B | $36.33B | $21.45B | $23.64B | $33.92B | $19.88B | $24.16B |
| EPS - Basic | $2.02 | $2.85 | $1.57 | $1.65 | $2.41 | $1.40 | $1.53 | $2.19 | $1.27 | $1.53 |
| EPS - Diluted | $2.01 | $2.84 | $1.57 | $1.65 | $2.40 | $1.40 | $1.53 | $2.18 | $1.26 | $1.52 |
Balance Sheet
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $45.57B | $45.32B | $35.93B | $28.16B | $30.30B | $29.94B | $32.70B | $40.76B | $29.96B | $24.69B |
| Accounts Receivable | $30.34B | $39.92B | $39.78B | $26.14B | $29.64B | $33.41B | $21.84B | $23.19B | $29.51B | $17.94B |
| Inventory | $6.75B | $5.88B | $5.72B | $6.27B | $6.91B | $7.29B | $6.23B | $6.51B | $6.33B | $7.48B |
| Accounts Payable | $57.35B | $70.59B | $69.86B | $54.13B | $61.91B | $68.96B | $45.75B | $58.15B | $62.61B | $42.95B |
| Current Assets | $144.11B | $158.10B | $147.96B | $118.67B | $133.24B | $152.99B | $128.42B | $143.69B | $143.57B | $112.91B |
| Total Assets | $371.08B | $379.30B | $359.24B | $331.23B | $344.08B | $364.98B | $337.41B | $353.51B | $352.58B | $332.16B |
| Current Liabilities | $134.64B | $162.37B | $165.63B | $144.57B | $144.37B | $176.39B | $123.82B | $133.97B | $145.31B | $120.08B |
| Long-term Debt | $74.40B | $76.69B | $78.33B | $78.57B | $83.96B | $85.75B | $91.83B | $95.09B | $95.28B | $97.04B |
| Total Liabilities | $264.59B | $291.11B | $285.51B | $264.44B | $277.33B | $308.03B | $263.22B | $279.41B | $290.44B | $270.00B |
| Stockholders' Equity | $106.49B | $88.19B | $73.73B | $66.80B | $66.76B | $56.95B | $74.19B | $74.10B | $62.15B | $62.16B |
| Retained Earnings | $12.36B | ($2.18B) | ($14.26B) | ($15.55B) | ($11.22B) | ($19.15B) | $4.34B | $8.24B | ($214.00M) | $4.34B |
Cash Flow
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | $53.92B | - | - | $29.93B | - | - | $39.90B | - | - |
| Investing Cash Flow | - | ($4.89B) | - | - | $9.79B | - | - | $1.93B | - | - |
| Financing Cash Flow | - | ($39.66B) | - | - | ($39.37B) | - | - | ($30.59B) | - | - |
| CapEx | - | $2.37B | - | - | $2.94B | - | - | $2.39B | - | - |
| Free Cash Flow | - | $51.55B | - | - | $27.00B | - | - | $37.50B | - | - |
Ratios
| Metric | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 49.3% | 48.2% | 46.5% | 47.1% | 46.9% | 46.3% | 46.6% | 45.9% | 44.5% | 44.3% |
| Operating margin | 32.3% | 35.4% | 30.0% | 31.0% | 34.5% | 29.6% | 30.7% | 33.8% | 28.1% | 29.9% |
| EBITDA margin | - | 37.6% | - | - | 36.9% | - | - | 36.1% | - | - |
| Net margin | 26.6% | 29.3% | 24.9% | 26.0% | 29.2% | 25.0% | 26.0% | 28.4% | 24.3% | 25.5% |
| Free cash flow margin | - | 35.9% | - | - | 21.7% | - | - | 31.4% | - | - |
| FCF / Net income | - | 1.22 | - | - | 0.74 | - | - | 1.11 | - | - |
| R&D / Revenue | 10.3% | 7.6% | 9.4% | 9.0% | 6.7% | 9.3% | 8.7% | 6.4% | 9.1% | 7.9% |
| SG&A / Revenue | 6.7% | 5.2% | 7.1% | 7.1% | 5.8% | 7.4% | 7.1% | 5.7% | 7.3% | 6.5% |
| Effective tax rate | 17.5% | 17.5% | 16.4% | 15.5% | 14.7% | 15.9% | 15.8% | 15.9% | 12.5% | 14.9% |
| Return on assets | 8.0% | 11.1% | 6.5% | 7.5% | 10.6% | 5.9% | 7.0% | 9.6% | 5.6% | 7.3% |
| Return on equity | 27.8% | 47.7% | 31.8% | 37.1% | 54.4% | 37.7% | 31.9% | 45.8% | 32.0% | 38.9% |
| Return on invested capital | 16.4% | 25.5% | 15.5% | 17.2% | 24.2% | 14.9% | 14.2% | 20.1% | 12.8% | 15.1% |
| Liquidity | ||||||||||
| Current ratio | 1.07 | 0.97 | 0.89 | 0.82 | 0.92 | 0.87 | 1.04 | 1.07 | 0.99 | 0.94 |
| Quick ratio | 1.02 | 0.94 | 0.86 | 0.78 | 0.88 | 0.83 | 0.99 | 1.02 | 0.94 | 0.88 |
| Cash ratio | 0.34 | 0.28 | 0.22 | 0.19 | 0.21 | 0.17 | 0.26 | 0.30 | 0.21 | 0.21 |
| Leverage | ||||||||||
| Debt / Equity | 0.70 | 0.87 | 1.06 | 1.18 | 1.26 | 1.51 | 1.24 | 1.28 | 1.53 | 1.56 |
| Debt / Assets | 0.20 | 0.20 | 0.22 | 0.24 | 0.24 | 0.23 | 0.27 | 0.27 | 0.27 | 0.29 |
| Debt / EBITDA | - | 1.42 | - | - | 1.83 | - | - | 2.20 | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | 23.0x | 30.4x |
| Equity multiplier | 3.48 | 4.30 | 4.87 | 4.96 | 5.15 | 6.41 | 4.55 | 4.77 | 5.67 | 5.34 |
| Liabilities / Assets | 0.71 | 0.77 | 0.79 | 0.80 | 0.81 | 0.84 | 0.78 | 0.79 | 0.82 | 0.81 |
| Efficiency | ||||||||||
| Asset turnover | 0.30 | 0.38 | 0.26 | 0.29 | 0.36 | 0.24 | 0.27 | 0.34 | 0.23 | 0.29 |
| Inventory turnover | 8.36 | 12.69 | 8.80 | 8.05 | 9.55 | 6.33 | 7.78 | 9.94 | 7.17 | 7.06 |
| Days sales outstanding | 100d | 101d | 154d | 100d | 87d | 142d | 88d | 71d | 132d | 69d |
| Days inventory outstanding | 44d | 29d | 41d | 45d | 38d | 58d | 47d | 37d | 51d | 52d |
| Days payable outstanding | 371d | 346d | 507d | 391d | 342d | 546d | 344d | 328d | 504d | 297d |
| Cash conversion cycle | -228d | -216d | -311d | -246d | -217d | -346d | -210d | -220d | -321d | -176d |
| Valuation | ||||||||||
| P / E | 123.8x | 96.3x | 162.7x | 132.1x | 106.5x | 162.7x | 112.1x | 88.3x | 135.9x | 108.5x |
| P / B | 34.4x | 45.9x | 51.8x | 49.1x | 58.0x | 61.4x | 35.7x | 40.5x | 43.5x | 42.0x |
| P / S | 33.0x | 28.2x | 40.6x | 34.4x | 31.2x | 40.8x | 29.2x | 25.1x | 33.0x | 27.6x |
| EV / EBITDA | - | 75.5x | - | - | 85.5x | - | - | 70.6x | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 16.6% | 15.7% | 9.6% | 5.1% | 4.0% | 4.9% | -4.3% | 2.1% | -1.4% | -2.5% |
| Revenue CAGR (3y) | 5.4% | 7.1% | 4.3% | -0.7% | 0.1% | 1.7% | 0.4% | 2.4% | 11.1% | 17.6% |
| Revenue CAGR (5y) | 4.4% | 5.2% | 9.5% | 10.3% | 6.2% | 10.0% | 9.4% | 7.2% | 9.0% | 9.2% |
| Gross profit growth (YoY) | 22.1% | 18.8% | 10.2% | 6.1% | 6.2% | 9.0% | 0.7% | 9.0% | 1.5% | -1.4% |
| Operating income growth (YoY) | 21.3% | 18.7% | 11.2% | 6.1% | 6.1% | 10.2% | -1.5% | 12.1% | -0.3% | -5.5% |
| Net income growth (YoY) | 19.4% | 15.9% | 9.3% | 4.8% | 7.1% | 7.9% | -2.2% | 13.1% | 2.3% | -3.4% |
| EPS growth (YoY) | 21.8% | 18.3% | 12.1% | 7.8% | 10.1% | 11.1% | 0.7% | 16.0% | 5.0% | 0.0% |
| EPS CAGR (3y) | 9.8% | 14.7% | 9.4% | 2.8% | 4.6% | 2.5% | 3.0% | 9.1% | -21.3% | -15.8% |
| EPS CAGR (5y) | 7.5% | 11.1% | -9.5% | -8.3% | -13.6% | -8.5% | -9.1% | -12.2% | -11.6% | -11.1% |
| FCF growth (YoY) | - | 91.0% | - | - | -28.0% | - | - | 24.1% | - | - |
| FCF CAGR (5y) | - | 7.9% | - | - | -1.0% | - | - | 10.0% | - | - |
| Book value growth (YoY) | 59.4% | 32.1% | 29.5% | -10.0% | -9.9% | -8.4% | 19.4% | 30.6% | 22.6% | -7.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-09-27.
Business segments
$416.16B totalAmericas Segment$178.35B · 42.9%
Europe Segment$111.03B · 26.7%
Greater China Segment$64.38B · 15.5%
Rest Of Asia Pacific Segment$33.70B · 8.1%
Japan Segment$28.70B · 6.9%
Product / service
$723.16B totalProduct$307.00B · 42.5%
IPhone$209.59B · 29.0%
Service$109.16B · 15.1%
Wearables Homeand Accessories$35.69B · 4.9%
Mac$33.71B · 4.7%
IPad$28.02B · 3.9%
Geographic
$416.16B totalOther Countries$199.99B · 48.1%
US$151.79B · 36.5%
CN$64.38B · 15.5%
Peer comparison
Same SIC group: Electronic Computers
Comparing Apple Inc. against the 5 most active filers in the same SIC group.
Dividends
$1.05/share trailing 12 months · +4.0% YoY
| Ex-date | Per share |
|---|---|
| May 11, 2026 | $0.2700 |
| Feb 9, 2026 | $0.2600 |
| Nov 10, 2025 | $0.2600 |
| Aug 11, 2025 | $0.2600 |
| May 12, 2025 | $0.2600 |
| Feb 10, 2025 | $0.2500 |
| Nov 8, 2024 | $0.2500 |
| Aug 12, 2024 | $0.2500 |
| May 10, 2024 | $0.2500 |
| Feb 9, 2024 | $0.2400 |
| Nov 10, 2023 | $0.2400 |
| Aug 11, 2023 | $0.2400 |
| May 12, 2023 | $0.2400 |
| Feb 10, 2023 | $0.2300 |
| Nov 4, 2022 | $0.2300 |
| Aug 5, 2022 | $0.2300 |
| May 6, 2022 | $0.2300 |
| Feb 4, 2022 | $0.2200 |
| Nov 5, 2021 | $0.2200 |
| Aug 6, 2021 | $0.2200 |
| May 7, 2021 | $0.2200 |
| Feb 5, 2021 | $0.2050 |
| Nov 6, 2020 | $0.2050 |
| Aug 7, 2020 | $0.2050 |