Apple Inc. (AAPL)

Income Statement (Annual)

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Year	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011 - 1995
Revenue	365,817	274,515	260,174	265,595	229,234	215,639	233,715	182,795	170,910	156,508	Upgrade
Revenue Growth (YoY)	33.26%	5.51%	-2.04%	15.86%	6.30%	-7.73%	27.86%	6.95%	9.20%	44.58%	Upgrade
Cost of Revenue	212,981	169,559	161,782	163,756	141,048	131,376	140,089	112,258	106,606	87,846	Upgrade
Gross Profit	152,836	104,956	98,392	101,839	88,186	84,263	93,626	70,537	64,304	68,662	Upgrade
Selling, General & Admin	21,973	19,916	18,245	16,705	15,261	14,194	14,329	11,993	10,830	10,040	Upgrade
Research & Development	21,914	18,752	16,217	14,236	11,581	10,045	8,067	6,041	4,475	3,381	Upgrade
Operating Expenses	43,887	38,668	34,462	30,941	26,842	24,239	22,396	18,034	15,305	13,421	Upgrade
Operating Income	108,949	66,288	63,930	70,898	61,344	60,024	71,230	52,503	48,999	55,241	Upgrade
Interest Expense / Income	2,645	2,873	3,576	3,240	2,323	1,456	733	384	136	0	Upgrade
Other Expense / Income	-2,903	-3,676	-5,383	-5,245	-5,068	-2,804	-2,018	-1,364	-1,292	-522	Upgrade
Pretax Income	109,207	67,091	65,737	72,903	64,089	61,372	72,515	53,483	50,155	55,763	Upgrade
Income Tax	14,527	9,680	10,481	13,372	15,738	15,685	19,121	13,973	13,118	14,030	Upgrade
Net Income	94,680	57,411	55,256	59,531	48,351	45,687	53,394	39,510	37,037	41,733	Upgrade
Net Income Common	94,680	57,411	55,256	59,531	48,351	45,687	53,394	39,510	37,037	41,733	Upgrade
Net Income Growth	64.92%	3.90%	-7.18%	23.12%	5.83%	-14.43%	35.14%	6.68%	-11.25%	60.99%	Upgrade
Shares Outstanding (Basic)	16,701	17,352	18,471	19,822	20,869	21,883	23,014	24,342	25,909	26,175	Upgrade
Shares Outstanding (Diluted)	16,865	17,528	18,596	20,000	21,007	22,001	23,172	24,491	26,087	26,470	Upgrade
Shares Change	-3.78%	-5.74%	-7.02%	-4.79%	-4.52%	-5.05%	-5.38%	-6.12%	-1.45%	0.93%	Upgrade
EPS (Basic)	5.67	3.31	2.99	3.00	2.32	2.09	2.32	1.62	1.43	1.59	Upgrade
EPS (Diluted)	5.61	3.28	2.97	2.98	2.30	2.08	2.31	1.61	1.42	1.58	Upgrade
EPS Growth	71.04%	10.44%	-0.34%	29.40%	10.83%	-9.85%	42.90%	13.59%	-9.96%	59.45%	Upgrade
Free Cash Flow Per Share	5.57	4.23	3.19	3.23	2.48	2.44	3.03	2.05	1.72	1.58	Upgrade
Dividend Per Share	0.85	0.80	0.75	0.68	0.60	0.55	0.49	0.45	0.41	0.10	Upgrade
Dividend Growth	6.92%	6.00%	10.29%	13.33%	10.09%	10.10%	9.27%	11.30%	328.42%	-	Upgrade
Gross Margin	41.78%	38.23%	37.82%	38.34%	38.47%	39.08%	40.06%	38.59%	37.62%	43.87%	Upgrade
Operating Margin	29.78%	24.15%	24.57%	26.69%	26.76%	27.83%	30.48%	28.72%	28.67%	35.30%	Upgrade
Profit Margin	25.88%	20.91%	21.24%	22.41%	21.09%	21.19%	22.85%	21.61%	21.67%	26.66%	Upgrade
Free Cash Flow Margin	25.41%	26.72%	22.64%	24.14%	22.59%	24.81%	29.86%	27.30%	26.09%	26.49%	Upgrade
Effective Tax Rate	13.30%	14.43%	15.94%	18.34%	24.56%	25.56%	26.37%	26.13%	26.15%	25.16%	Upgrade
EBITDA	123,136	81,020	81,860	87,046	76,569	73,333	84,505	61,813	57,048	59,040	Upgrade
EBITDA Margin	33.66%	29.51%	31.46%	32.77%	33.40%	34.01%	36.16%	33.81%	33.38%	37.72%	Upgrade
Depreciation & Amortization	11,284	11,056	12,547	10,903	10,157	10,505	11,257	7,946	6,757	3,277	Upgrade
EBIT	111,852	69,964	69,313	76,143	66,412	62,828	73,248	53,867	50,291	55,763	Upgrade
EBIT Margin	30.58%	25.49%	26.64%	28.67%	28.97%	29.14%	31.34%	29.47%	29.43%	35.63%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).