Apple Income Statement

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

Millions USD. Fiscal year is Oct - Sep.

Year	2023	2022	2021	2020	2019	2018 - 1992
Revenue	383,285	394,328	365,817	274,515	260,174	Upgrade
Revenue Growth (YoY)	-2.80%	7.79%	33.26%	5.51%	-2.04%	Upgrade
Cost of Revenue	214,137	223,546	212,981	169,559	161,782	Upgrade
Gross Profit	169,148	170,782	152,836	104,956	98,392	Upgrade
Selling, General & Admin	24,932	25,094	21,973	19,916	18,245	Upgrade
Research & Development	29,915	26,251	21,914	18,752	16,217	Upgrade
Operating Expenses	54,847	51,345	43,887	38,668	34,462	Upgrade
Operating Income	114,301	119,437	108,949	66,288	63,930	Upgrade
Interest Expense / Income	3,933	2,931	2,645	2,873	3,576	Upgrade
Other Expense / Income	-3,368	-2,597	-2,903	-3,676	-5,383	Upgrade
Pretax Income	113,736	119,103	109,207	67,091	65,737	Upgrade
Income Tax	16,741	19,300	14,527	9,680	10,481	Upgrade
Net Income	96,995	99,803	94,680	57,411	55,256	Upgrade
Net Income Growth	-2.81%	5.41%	64.92%	3.90%	-7.18%	Upgrade
Shares Outstanding (Basic)	15,744	16,216	16,701	17,352	18,471	Upgrade
Shares Outstanding (Diluted)	15,813	16,326	16,865	17,528	18,596	Upgrade
Shares Change	-3.14%	-3.20%	-3.78%	-5.74%	-7.02%	Upgrade
EPS (Basic)	6.16	6.15	5.67	3.31	2.99	Upgrade
EPS (Diluted)	6.13	6.11	5.61	3.28	2.97	Upgrade
EPS Growth	0.33%	8.91%	71.04%	10.44%	-0.34%	Upgrade
Free Cash Flow	99,584	111,443	92,953	73,365	58,896	Upgrade
Free Cash Flow Per Share	6.33	6.87	5.57	4.23	3.19	Upgrade
Dividend Per Share	0.940	0.900	0.850	0.795	0.750	Upgrade
Dividend Growth	4.44%	5.88%	6.92%	6.00%	10.29%	Upgrade
Gross Margin	44.13%	43.31%	41.78%	38.23%	37.82%	Upgrade
Operating Margin	29.82%	30.29%	29.78%	24.15%	24.57%	Upgrade
Profit Margin	25.31%	25.31%	25.88%	20.91%	21.24%	Upgrade
Free Cash Flow Margin	25.98%	28.26%	25.41%	26.73%	22.64%	Upgrade
Effective Tax Rate	14.72%	16.20%	13.30%	14.43%	15.94%	Upgrade
EBITDA	129,188	133,138	123,136	81,020	81,860	Upgrade
EBITDA Margin	33.71%	33.76%	33.66%	29.51%	31.46%	Upgrade
Depreciation & Amortization	11,519	11,104	11,284	11,056	12,547	Upgrade
EBIT	117,669	122,034	111,852	69,964	69,313	Upgrade
EBIT Margin	30.70%	30.95%	30.58%	25.49%	26.64%	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).