Apple Inc. (AAPL)

Apple Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 28, 2024	Sep 30, 2023	Sep 24, 2022	Sep 25, 2021	Sep 26, 2020
Revenue	391,035	383,285	394,328	365,817	274,515
Revenue Growth (YoY)	2.02%	-2.80%	7.79%	33.26%	5.51%
Cost of Revenue	210,352	214,137	223,546	212,981	169,559
Gross Profit	180,683	169,148	170,782	152,836	104,956
Selling, General & Admin	26,097	24,932	25,094	21,973	19,916
Research & Development	31,370	29,915	26,251	21,914	18,752
Operating Expenses	57,467	54,847	51,345	43,887	38,668
Operating Income	123,216	114,301	119,437	108,949	66,288
Interest Expense	-	-	-	-2,645	-2,873
Interest & Investment Income	-	-	-	2,843	3,763
Other Non Operating Income (Expenses)	269	-565	-334	60	-87
Pretax Income	123,485	113,736	119,103	109,207	67,091
Income Tax Expense	29,749	16,741	19,300	14,527	9,680
Net Income	93,736	96,995	99,803	94,680	57,411
Net Income to Common	93,736	96,995	99,803	94,680	57,411
Net Income Growth	-3.36%	-2.81%	5.41%	64.92%	3.90%
Shares Outstanding (Basic)	15,344	15,744	16,216	16,701	17,352
Shares Outstanding (Diluted)	15,408	15,813	16,326	16,865	17,528
Shares Change (YoY)	-2.56%	-3.14%	-3.20%	-3.78%	-5.74%
EPS (Basic)	6.11	6.16	6.15	5.67	3.31
EPS (Diluted)	6.08	6.13	6.11	5.61	3.28
EPS Growth	-0.82%	0.33%	8.91%	71.04%	10.44%
Free Cash Flow	108,807	99,584	111,443	92,953	73,365
Free Cash Flow Per Share	7.06	6.30	6.83	5.51	4.19
Dividend Per Share	0.980	0.940	0.900	0.850	0.795
Dividend Growth	4.25%	4.44%	5.88%	6.92%	6.00%
Gross Margin	46.21%	44.13%	43.31%	41.78%	38.23%
Operating Margin	31.51%	29.82%	30.29%	29.78%	24.15%
Profit Margin	23.97%	25.31%	25.31%	25.88%	20.91%
Free Cash Flow Margin	27.82%	25.98%	28.26%	25.41%	26.72%
EBITDA	134,661	125,820	130,541	120,233	77,344
EBITDA Margin	34.44%	32.83%	33.11%	32.87%	28.18%
D&A For EBITDA	11,445	11,519	11,104	11,284	11,056
EBIT	123,216	114,301	119,437	108,949	66,288
EBIT Margin	31.51%	29.82%	30.29%	29.78%	24.15%
Effective Tax Rate	24.09%	14.72%	16.20%	13.30%	14.43%
Revenue as Reported	391,035	383,285	394,328	365,817	274,515

Updated Jun 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q