Apple Inc. (AAPL)
NASDAQ: AAPL · Real-Time Price · USD
268.42
-1.95 (-0.72%)
Nov 3, 2025, 1:50 PM EST - Market open
Apple Income Statement
Financials in millions USD. Fiscal year is October - September.
Millions USD. Fiscal year is Oct - Sep.
Fiscal Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 | +20 Quarters |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 27, 2025 | Jun '25 Jun 28, 2025 | Mar '25 Mar 29, 2025 | Dec '24 Dec 28, 2024 | Sep '24 Sep 28, 2024 | Jun '24 Jun 29, 2024 | Mar '24 Mar 30, 2024 | Dec '23 Dec 30, 2023 | Sep '23 Sep 30, 2023 | Jul '23 Jul 1, 2023 | Apr '23 Apr 1, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 24, 2022 | Jun '22 Jun 25, 2022 | Mar '22 Mar 26, 2022 | Dec '21 Dec 25, 2021 | Sep '21 Sep 25, 2021 | Jun '21 Jun 26, 2021 | Mar '21 Mar 27, 2021 | Dec '20 Dec 26, 2020 | +20 Quarters |
| 102,466 | 94,036 | 95,359 | 124,300 | 94,930 | 85,777 | 90,753 | 119,575 | 89,498 | 81,797 | 94,836 | 117,154 | 90,146 | 82,959 | 97,278 | 123,945 | 83,360 | 81,434 | 89,584 | 111,439 | Upgrade | |
Revenue Growth (YoY) | 7.94% | 9.63% | 5.08% | 3.95% | 6.07% | 4.87% | -4.30% | 2.07% | -0.72% | -1.40% | -2.51% | -5.48% | 8.14% | 1.87% | 8.59% | 11.22% | 28.84% | 36.44% | 53.63% | 21.37% | Upgrade |
Cost of Revenue | 54,125 | 50,318 | 50,492 | 66,025 | 51,051 | 46,099 | 48,482 | 64,720 | 49,071 | 45,384 | 52,860 | 66,822 | 52,051 | 47,074 | 54,719 | 69,702 | 48,186 | 46,179 | 51,505 | 67,111 | Upgrade |
Gross Profit | 48,341 | 43,718 | 44,867 | 58,275 | 43,879 | 39,678 | 42,271 | 54,855 | 40,427 | 36,413 | 41,976 | 50,332 | 38,095 | 35,885 | 42,559 | 54,243 | 35,174 | 35,255 | 38,079 | 44,328 | Upgrade |
Selling, General & Admin | 7,048 | 6,650 | 6,728 | 7,175 | 6,523 | 6,320 | 6,468 | 6,786 | 6,151 | 5,973 | 6,201 | 6,607 | 6,440 | 6,012 | 6,193 | 6,449 | 5,616 | 5,412 | 5,314 | 5,631 | Upgrade |
Research & Development | 8,866 | 8,866 | 8,550 | 8,268 | 7,765 | 8,006 | 7,903 | 7,696 | 7,307 | 7,442 | 7,457 | 7,709 | 6,761 | 6,797 | 6,387 | 6,306 | 5,772 | 5,717 | 5,262 | 5,163 | Upgrade |
Operating Expenses | 15,914 | 15,516 | 15,278 | 15,443 | 14,288 | 14,326 | 14,371 | 14,482 | 13,458 | 13,415 | 13,658 | 14,316 | 13,201 | 12,809 | 12,580 | 12,755 | 11,388 | 11,129 | 10,576 | 10,794 | Upgrade |
Operating Income | 32,427 | 28,202 | 29,589 | 42,832 | 29,591 | 25,352 | 27,900 | 40,373 | 26,969 | 22,998 | 28,318 | 36,016 | 24,894 | 23,076 | 29,979 | 41,488 | 23,786 | 24,126 | 27,503 | 33,534 | Upgrade |
Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | -827 | -719 | -691 | -694 | -672 | -665 | -670 | -638 | Upgrade |
Interest & Investment Income | - | - | - | - | - | - | - | - | - | - | - | - | 753 | 722 | 700 | 650 | 659 | 719 | 718 | 747 | Upgrade |
Other Non Operating Income (Expenses) | 377 | -171 | -279 | -248 | 19 | 142 | 158 | -50 | 29 | -265 | 64 | -393 | -163 | -13 | 151 | -203 | -525 | 189 | 460 | -64 | Upgrade |
EBT Excluding Unusual Items | 32,804 | 28,031 | 29,310 | 42,584 | 29,610 | 25,494 | 28,058 | 40,323 | 26,998 | 22,733 | 28,382 | 35,623 | 24,657 | 23,066 | 30,139 | 41,241 | 23,248 | 24,369 | 28,011 | 33,579 | Upgrade |
Pretax Income | 32,804 | 28,031 | 29,310 | 42,584 | 29,610 | 25,494 | 28,058 | 40,323 | 26,998 | 22,733 | 28,382 | 35,623 | 24,657 | 23,066 | 30,139 | 41,241 | 23,248 | 24,369 | 28,011 | 33,579 | Upgrade |
Income Tax Expense | 5,338 | 4,597 | 4,530 | 6,254 | 14,874 | 4,046 | 4,422 | 6,407 | 4,042 | 2,852 | 4,222 | 5,625 | 3,936 | 3,624 | 5,129 | 6,611 | 2,697 | 2,625 | 4,381 | 4,824 | Upgrade |
Net Income | 27,466 | 23,434 | 24,780 | 36,330 | 14,736 | 21,448 | 23,636 | 33,916 | 22,956 | 19,881 | 24,160 | 29,998 | 20,721 | 19,442 | 25,010 | 34,630 | 20,551 | 21,744 | 23,630 | 28,755 | Upgrade |
Net Income to Common | 27,466 | 23,434 | 24,780 | 36,330 | 14,736 | 21,448 | 23,636 | 33,916 | 22,956 | 19,881 | 24,160 | 29,998 | 20,721 | 19,442 | 25,010 | 34,630 | 20,551 | 21,744 | 23,630 | 28,755 | Upgrade |
Net Income Growth | 86.39% | 9.26% | 4.84% | 7.12% | -35.81% | 7.88% | -2.17% | 13.06% | 10.79% | 2.26% | -3.40% | -13.38% | 0.83% | -10.59% | 5.84% | 20.43% | 62.16% | 93.23% | 110.06% | 29.32% | Upgrade |
Shares Outstanding (Basic) | 14,815 | 14,903 | 14,994 | 15,082 | 15,172 | 15,288 | 15,406 | 15,510 | 15,599 | 15,698 | 15,787 | 15,893 | 16,030 | 16,163 | 16,279 | 16,392 | 16,487 | 16,629 | 16,753 | 16,935 | Upgrade |
Shares Outstanding (Diluted) | 14,864 | 14,948 | 15,056 | 15,151 | 15,243 | 15,348 | 15,465 | 15,577 | 15,672 | 15,775 | 15,847 | 15,956 | 16,118 | 16,262 | 16,403 | 16,519 | 16,635 | 16,782 | 16,929 | 17,114 | Upgrade |
Shares Change (YoY) | -2.49% | -2.61% | -2.64% | -2.73% | -2.74% | -2.71% | -2.41% | -2.38% | -2.77% | -3.00% | -3.39% | -3.41% | -3.11% | -3.10% | -3.11% | -3.47% | -3.60% | -3.66% | -3.91% | -3.96% | Upgrade |
EPS (Basic) | 1.85 | 1.57 | 1.65 | 2.41 | 0.97 | 1.40 | 1.53 | 2.19 | 1.47 | 1.27 | 1.53 | 1.89 | 1.29 | 1.20 | 1.54 | 2.11 | 1.25 | 1.31 | 1.41 | 1.70 | Upgrade |
EPS (Diluted) | 1.84 | 1.57 | 1.65 | 2.40 | 0.96 | 1.40 | 1.53 | 2.18 | 1.46 | 1.26 | 1.52 | 1.88 | 1.29 | 1.20 | 1.52 | 2.10 | 1.23 | 1.30 | 1.40 | 1.68 | Upgrade |
EPS Growth | 91.22% | 12.14% | 7.84% | 10.09% | -34.07% | 11.11% | 0.66% | 15.96% | 13.47% | 5.00% | - | -10.48% | 4.82% | -7.69% | 8.57% | 25.00% | 66.16% | 100.00% | 118.75% | 34.40% | Upgrade |
Free Cash Flow | 26,486 | 24,405 | 20,881 | 26,995 | 23,903 | 26,707 | 20,694 | 37,503 | 19,435 | 24,287 | 25,644 | 30,218 | 20,838 | 20,790 | 25,652 | 44,163 | 16,977 | 19,001 | 21,712 | 35,263 | Upgrade |
Free Cash Flow Per Share | 1.78 | 1.63 | 1.39 | 1.78 | 1.57 | 1.74 | 1.34 | 2.41 | 1.24 | 1.54 | 1.62 | 1.89 | 1.29 | 1.28 | 1.56 | 2.67 | 1.02 | 1.13 | 1.28 | 2.06 | Upgrade |
Dividend Per Share | 0.260 | 0.260 | 0.250 | 0.250 | 0.250 | 0.250 | 0.240 | 0.240 | 0.240 | 0.240 | 0.230 | 0.230 | 0.230 | 0.230 | 0.220 | 0.220 | 0.220 | 0.220 | 0.205 | 0.205 | Upgrade |
Dividend Growth | 4.00% | 4.00% | 4.17% | 4.17% | 4.17% | 4.17% | 4.35% | 4.35% | 4.35% | 4.35% | 4.54% | 4.54% | 4.54% | 4.54% | 7.32% | 7.32% | 7.32% | 7.32% | 6.49% | 6.49% | Upgrade |
Gross Margin | 47.18% | 46.49% | 47.05% | 46.88% | 46.22% | 46.26% | 46.58% | 45.88% | 45.17% | 44.52% | 44.26% | 42.96% | 42.26% | 43.26% | 43.75% | 43.76% | 42.20% | 43.29% | 42.51% | 39.78% | Upgrade |
Operating Margin | 31.65% | 29.99% | 31.03% | 34.46% | 31.17% | 29.56% | 30.74% | 33.76% | 30.13% | 28.12% | 29.86% | 30.74% | 27.62% | 27.82% | 30.82% | 33.47% | 28.53% | 29.63% | 30.70% | 30.09% | Upgrade |
Profit Margin | 26.80% | 24.92% | 25.99% | 29.23% | 15.52% | 25.00% | 26.04% | 28.36% | 25.65% | 24.30% | 25.48% | 25.61% | 22.99% | 23.44% | 25.71% | 27.94% | 24.65% | 26.70% | 26.38% | 25.80% | Upgrade |
Free Cash Flow Margin | 25.85% | 25.95% | 21.90% | 21.72% | 25.18% | 31.14% | 22.80% | 31.36% | 21.72% | 29.69% | 27.04% | 25.79% | 23.12% | 25.06% | 26.37% | 35.63% | 20.37% | 23.33% | 24.24% | 31.64% | Upgrade |
EBITDA | 35,554 | 31,032 | 32,250 | 45,912 | 32,502 | 28,202 | 30,736 | 43,221 | 29,622 | 26,050 | 31,216 | 38,932 | 27,759 | 25,881 | 32,716 | 44,185 | 26,775 | 26,958 | 30,300 | 36,200 | Upgrade |
EBITDA Margin | 34.70% | 33.00% | 33.82% | 36.94% | 34.24% | 32.88% | 33.87% | 36.15% | 33.10% | 31.85% | 32.92% | 33.23% | 30.79% | 31.20% | 33.63% | 35.65% | 32.12% | 33.10% | 33.82% | 32.48% | Upgrade |
D&A For EBITDA | 3,127 | 2,830 | 2,661 | 3,080 | 2,911 | 2,850 | 2,836 | 2,848 | 2,653 | 3,052 | 2,898 | 2,916 | 2,865 | 2,805 | 2,737 | 2,697 | 2,989 | 2,832 | 2,797 | 2,666 | Upgrade |
EBIT | 32,427 | 28,202 | 29,589 | 42,832 | 29,591 | 25,352 | 27,900 | 40,373 | 26,969 | 22,998 | 28,318 | 36,016 | 24,894 | 23,076 | 29,979 | 41,488 | 23,786 | 24,126 | 27,503 | 33,534 | Upgrade |
EBIT Margin | 31.65% | 29.99% | 31.03% | 34.46% | 31.17% | 29.56% | 30.74% | 33.76% | 30.13% | 28.12% | 29.86% | 30.74% | 27.62% | 27.82% | 30.82% | 33.47% | 28.53% | 29.63% | 30.70% | 30.09% | Upgrade |
Effective Tax Rate | 16.27% | 16.40% | 15.46% | 14.69% | 50.23% | 15.87% | 15.76% | 15.89% | 14.97% | 12.55% | 14.88% | 15.79% | 15.96% | 15.71% | 17.02% | 16.03% | 11.60% | 10.77% | 15.64% | 14.37% | Upgrade |
Revenue as Reported | 102,466 | 94,036 | 95,359 | 124,300 | 94,930 | 85,777 | 90,753 | 119,575 | 89,498 | 81,797 | 94,836 | 117,154 | 90,146 | 82,959 | 97,278 | 123,945 | 83,360 | 81,434 | 89,584 | 111,439 | Upgrade |
Updated Sep 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.