Apple International Income Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	40,809	43,795	30,911	29,222	18,663
Revenue Growth (YoY)	-6.82%	41.68%	5.78%	56.58%	-4.61%
Cost of Revenue	37,790	39,974	27,459	25,675	16,707
Gross Profit	3,019	3,821	3,452	3,547	1,956
Selling, General & Admin	2,451	2,382	2,068	1,951	1,646
Operating Expenses	2,588	2,455	2,421	2,088	1,633
Operating Income	431	1,366	1,031	1,459	323
Interest Expense	-97	-68	-46	-35	-43
Interest & Investment Income	5	1	1	4	6
Earnings From Equity Investments	194	181	237	175	218
Currency Exchange Gain (Loss)	4	28	14	69	-4
Other Non Operating Income (Expenses)	20	25	32	27	35
EBT Excluding Unusual Items	557	1,533	1,269	1,699	535
Gain (Loss) on Sale of Investments	498	-	4	-6	-2
Gain (Loss) on Sale of Assets	-	-	-3	-	-
Asset Writedown	-5	-	-	-2	-
Other Unusual Items	-6	-	4	-1	16
Pretax Income	1,044	1,533	1,274	1,690	549
Income Tax Expense	217	265	208	304	103
Earnings From Continuing Operations	827	1,268	1,066	1,386	446
Minority Interest in Earnings	-40	-70	-59	-56	-43
Net Income	787	1,198	1,007	1,330	403
Net Income to Common	787	1,198	1,007	1,330	403
Net Income Growth	-34.31%	18.97%	-24.29%	230.03%	22.87%
Shares Outstanding (Basic)	13	13	13	13	14
Shares Outstanding (Diluted)	13	13	13	13	14
Shares Change (YoY)	-0.31%	-0.21%	-3.36%	-3.29%	0.10%
EPS (Basic)	61.29	93.29	78.11	99.25	29.10
EPS (Diluted)	61.09	92.75	77.82	99.25	29.10
EPS Growth	-34.13%	19.18%	-21.59%	241.11%	22.79%
Free Cash Flow	-92	-1,232	-290	-625	2,725
Free Cash Flow Per Share	-7.14	-95.34	-22.39	-46.64	196.67
Dividend Per Share	-	10.000	10.000	5.000	5.000
Dividend Growth	-	-	100.00%	-	-
Gross Margin	7.40%	8.72%	11.17%	12.14%	10.48%
Operating Margin	1.06%	3.12%	3.33%	4.99%	1.73%
Profit Margin	1.93%	2.73%	3.26%	4.55%	2.16%
Free Cash Flow Margin	-0.22%	-2.81%	-0.94%	-2.14%	14.60%
EBITDA	479	1,434	1,092	1,535	404
EBITDA Margin	1.17%	3.27%	3.53%	5.25%	2.17%
D&A For EBITDA	48	68	61	76	81
EBIT	431	1,366	1,031	1,459	323
EBIT Margin	1.06%	3.12%	3.33%	4.99%	1.73%
Effective Tax Rate	20.79%	17.29%	16.33%	17.99%	18.76%
Advertising Expenses	-	-	-	-	38

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.