Apple Income Statement (Annual)

The table below shows the annual income statements for Apple stock for the past 25 years.

Numbers in millions USD, except per-share numbers.

Year Ended	2019-09-28	2018-09-29	2017-09-30	2016-09-24	2015-09-26	2014-09-27	2013-09-28	2012-09-29	2011-09-24	2010-09-25	2009-09-26	2008-09-27	2007-09-29	2006-09-30	2005-09-24	2004-09-25	2003-09-27	2002-09-28	2001-09-29	2000-09-30	1999-09-25	1998-09-25	1997-09-26	1996-09-26	1995-09-26
Revenue	260,174	265,595	229,234	215,639	233,715	182,795	170,910	156,508	108,249	65,225	42,905	37,491	24,578	19,315	13,931	8,279	6,207	5,742	5,363	7,983	6,134	5,941	7,081	9,833	11,062
Revenue Growth	-2.04%	15.86%	6.3%	-7.73%	27.86%	6.95%	9.2%	44.58%	65.96%	52.02%	14.44%	52.54%	27.25%	38.65%	68.27%	33.38%	8.1%	7.07%	-32.82%	30.14%	3.25%	-16.1%	-27.99%	-11.11%	-
Cost of Revenue	161,782	163,756	141,048	131,376	140,089	112,258	106,606	87,846	64,431	39,541	25,683	24,294	16,426	13,717	9,889	6,022	4,499	4,139	4,128	5,817	4,438	4,462	5,713	8,865	8,204
Gross Profit	98,392	101,839	88,186	84,263	93,626	70,537	64,304	68,662	43,818	25,684	17,222	13,197	8,152	5,598	4,042	2,257	1,708	1,603	1,235	2,166	1,696	1,479	1,368	968	2,858
Selling, General & Admin	18,245	16,705	15,261	14,194	14,329	11,993	10,830	10,040	7,599	5,517	4,149	3,761	2,963	2,433	1,864	1,430	1,212	1,109	1,138	1,166	996	908	1,286	1,568	1,583
Research & Development	16,217	14,236	11,581	10,045	8,067	6,041	4,475	3,381	2,429	1,782	1,333	1,109	782	712	535	491	471	446	430	380	314	303	485	604	614
Operating Expenses	34,462	30,941	26,842	24,239	22,396	18,034	15,305	13,421	10,028	7,299	5,482	4,870	3,745	3,145	2,399	1,944	1,709	1,586	1,579	1,644	1,337	1,218	2,438	2,351	2,174
Operating Income	63,930	70,898	61,344	60,024	71,230	52,503	48,999	55,241	33,790	18,385	11,740	8,327	4,407	2,453	1,643	313	-1.00	17.00	-344	522	359	261	-1,070	-1,383	684
Income Taxes	10,481	13,372	15,738	15,685	19,121	13,973	13,118	14,030	8,283	4,527	3,831	2,828	1,511	829	480	104	24.00	22.00	-15.00	306	75.00	20.00	-	-479	250
Other Expense/Income	-1,807.00	-2,005.00	-2,745.00	-1,348.00	-1,285.00	-980.00	-1,156.00	-522.00	-415.00	-155.00	-326.00	-620.00	-599.00	-365.00	-165.00	-57.00	-94.00	-70.00	-304.00	-570.00	-317.00	-68.00	-25.00	-88.00	10.00
Net Income	55,256	59,531	48,351	45,687	53,394	39,510	37,037	41,733	25,922	14,013	8,235	6,119	3,495	1,989	1,328	266	69.00	65.00	-25.00	786	601	309	-1,045	-816	424
Shares Outstanding	4,618	4,955	5,217	5,471	5,753	6,086	6,477	6,544	6,470	6,366	6,251	6,171	6,052	5,908	5,659	5,202	5,049	4,970	4,839	4,544	4,008	3,695	3,530	3,465	3,445
Shares Change	-6.81%	-5.02%	-4.64%	-4.91%	-5.46%	-6.05%	-1.01%	1.14%	1.63%	1.84%	1.3%	1.97%	2.43%	4.41%	8.78%	3.04%	1.58%	2.72%	6.48%	13.36%	8.47%	4.69%	1.88%	0.56%	-
EPS (Basic)	11.97	12.01	9.27	8.35	9.28	6.49	5.72	6.38	4.01	2.20	1.32	0.99	0.58	0.34	0.23	0.05	0.01	0.01	-0.01	0.17	0.15	0.08	-0.30	-0.24	0.12
Earnings Per Share (EPS)	11.89	11.91	9.21	8.31	9.22	6.45	5.68	6.31	3.95	2.16	1.30	0.97	0.56	0.32	0.22	0.05	0.01	0.01	-0.01	0.16	0.13	0.08	-0.30	-0.24	0.12
EPS Growth	-0.17%	29.32%	10.83%	-9.87%	42.95%	13.56%	-9.98%	59.59%	82.72%	66.85%	33.85%	72.73%	73.15%	46.61%	351.02%	276.92%	0%	-	-	20.93%	72%	-	-	-	-
FCF Per Share	12.75	12.94	9.92	9.78	12.13	8.20	6.88	6.34	4.65	2.59	1.43	1.36	0.78	0.27	0.40	0.15	0.03	-0.02	-0.01	0.16	0.19	0.22	0.04	0.11	-0.12
Dividend Per Share	3.00	2.72	2.40	2.18	1.98	1.81	1.63	0.38	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.02
Dividend Growth	10.29%	13.33%	10.09%	10.1%	9.33%	11.17%	329.82%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-76.47%	-
Gross Margin	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%	29%	29%	27.3%	27.5%	27.9%	23%	27.1%	27.6%	24.9%	19.3%	9.8%	25.8%
Operating Margin	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%	12.7%	11.8%	3.8%	0.0%	0.3%	-6.4%	6.5%	5.9%	4.4%	-15.1%	-14.1%	6.2%
Profit Margin	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%	10.3%	9.5%	3.2%	1.1%	1.1%	-0.5%	9.8%	9.8%	5.2%	-14.8%	-8.3%	3.8%
FCF Margin	22.6%	24.1%	22.6%	24.8%	29.9%	27.3%	26.1%	26.5%	27.8%	25.3%	20.9%	22.4%	19.3%	8.1%	16.3%	9.2%	2.0%	-1.5%	-0.9%	9.1%	12.6%	13.8%	2.1%	3.9%	-3.6%
EBITDA	78,284	83,806	74,246	71,877	83,772	61,429	56,912	59,040	36,019	19,567	12,800	9,443	5,333	3,043	1,987	520	206	201	60.00	1,176	761	440	-927	-1,179	801
EBITDA Margin	30.1%	31.6%	32.4%	33.3%	35.8%	33.6%	33.3%	37.7%	33.3%	30%	29.8%	25.2%	21.7%	15.8%	14.3%	6.3%	3.3%	3.5%	1.1%	14.7%	12.4%	7.4%	-13.1%	-12%	7.2%
EBIT	65,737	72,903	64,089	61,372	72,515	53,483	50,155	55,763	34,205	18,540	12,066	8,947	5,006	2,818	1,808	370	93.00	87.00	-40.00	1,092	676	329	-1,045	-1,295	674
EBIT Margin	25.3%	27.4%	28.0%	28.5%	31.0%	29.3%	29.3%	35.6%	31.6%	28.4%	28.1%	23.9%	20.4%	14.6%	13.0%	4.5%	1.5%	1.5%	-0.7%	13.7%	11.0%	5.5%	-14.8%	-13.2%	6.1%