AAPL
Apple Inc.
Stock
$329.40−9.00 (−2.66%)Close Sep 29, 2026
Income statement
| Line | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 | FY2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $466.8B | $416.2B | $391.0B | $383.3B | $394.3B | $365.8B | $274.5B | $260.2B | $265.6B | $229.2B | $215.6B | $233.7B | $182.8B | $170.9B | $156.5B | $108.2B | $65.2B | $42.9B | $37.5B | $24.6B |
| Cost of revenue | $239.7B | $221.0B | $210.4B | $214.1B | $223.5B | $213.0B | $169.6B | $161.8B | $163.8B | $141.0B | $131.4B | $140.1B | $112.3B | $106.6B | $87.8B | $64.4B | $39.5B | $25.7B | $24.3B | $16.4B |
| Gross profit | $227.1B | $195.2B | $180.7B | $169.1B | $170.8B | $152.8B | $105.0B | $98.4B | $101.8B | $88.2B | $84.3B | $93.6B | $70.5B | $64.3B | $68.7B | $43.8B | $25.7B | $17.2B | $13.2B | $8.2B |
| R&D | $42.9B | $34.6B | $31.4B | $29.9B | $26.3B | $21.9B | $18.8B | $16.2B | $14.2B | $11.6B | $10.0B | $8.1B | $6.0B | $4.5B | $3.4B | $2.4B | $1.8B | $1.3B | $1.1B | $782M |
| SG&A | $29.4B | $27.6B | $26.1B | $24.9B | $25.1B | $22.0B | $19.9B | $18.2B | $16.7B | $15.3B | $14.2B | $14.3B | $12.0B | $10.8B | $10.0B | $7.6B | $5.5B | $4.1B | $3.8B | $3.0B |
| Operating income | $154.9B | $133.1B | $123.2B | $114.3B | $119.4B | $108.9B | $66.3B | $63.9B | $70.9B | $61.3B | $60.0B | $71.2B | $52.5B | $49.0B | $55.2B | $33.8B | $18.4B | $11.7B | $8.3B | $4.4B |
| Non-operating income | $1.0B | −$321M | $269M | −$565M | −$334M | $258M | $803M | $1.8B | $2.0B | $2.7B | $1.3B | $1.3B | $980M | $1.2B | $522M | $415M | $155M | $326M | $620M | $599M |
| Pretax income | $155.9B | $132.7B | $123.5B | $113.7B | $119.1B | $109.2B | $67.1B | $65.7B | $72.9B | $64.1B | $61.4B | $72.5B | $53.5B | $50.2B | $55.8B | $34.2B | $18.5B | $12.1B | $8.9B | $5.0B |
| Taxes | $27.0B | $20.7B | $29.7B | $16.7B | $19.3B | $14.5B | $9.7B | $10.5B | $13.4B | $15.7B | $15.7B | $19.1B | $14.0B | $13.1B | $14.0B | $8.3B | $4.5B | $3.8B | $2.8B | $1.5B |
| Net income | $128.9B | $112.0B | $93.7B | $97.0B | $99.8B | $94.7B | $57.4B | $55.3B | $59.5B | $48.4B | $45.7B | $53.4B | $39.5B | $37.0B | $41.7B | $25.9B | $14.0B | $8.2B | $6.1B | $3.5B |
| Diluted EPS | $8.72 | $7.46 | $6.08 | $6.13 | $6.11 | $5.61 | $3.28 | $2.97 | $2.98 | $2.30 | $2.08 | $2.31 | $1.61 | $1.42 | $1.58 | $0.99 | $0.54 | $0.32 | $0.24 | $0.14 |
| Diluted shares | — | 15.00B | 15.41B | 15.81B | 16.33B | 16.86B | 17.53B | 18.60B | 20.00B | 21.01B | 22.00B | 23.17B | 24.49B | 26.09B | 26.47B | 26.23B | 25.89B | 25.40B | 25.26B | 24.90B |
| Revenue growth | — | +6.4% | +2.0% | −2.8% | +7.8% | +33.3% | +5.5% | −2.0% | +15.9% | +6.3% | −7.7% | +27.9% | +7.0% | +9.2% | +44.6% | +66.0% | +52.0% | +14.4% | +52.5% | — |
| Gross margin | 48.7% | 46.9% | 46.2% | 44.1% | 43.3% | 41.8% | 38.2% | 37.8% | 38.3% | 38.5% | 39.1% | 40.1% | 38.6% | 37.6% | 43.9% | 40.5% | 39.4% | 40.1% | 35.2% | 33.2% |
| Operating margin | 33.2% | 32.0% | 31.5% | 29.8% | 30.3% | 29.8% | 24.1% | 24.6% | 26.7% | 26.8% | 27.8% | 30.5% | 28.7% | 28.7% | 35.3% | 31.2% | 28.2% | 27.4% | 22.2% | 17.9% |
| Net margin | 27.6% | 26.9% | 24.0% | 25.3% | 25.3% | 25.9% | 20.9% | 21.2% | 22.4% | 21.1% | 21.2% | 22.8% | 21.6% | 21.7% | 26.7% | 23.9% | 21.5% | 19.2% | 16.3% | 14.2% |
Cost of revenue, other operating expenses, non-operating income and taxes are the differences between the lines reported around them.