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Apple AAPL · USD
Information Technology · Technology Hardware, Storage & Peripherals · US listing · 🇺🇸 United States
S&P 500Nasdaq-100Dow Jones
342.37
-0.52%
Close of 6 Nov 2026, in USD
At a glance
Figures in USD, from our data supplier.
Revenue
$416.16bn
FY2016FY2025
Net income
$112.01bn
FY2016FY2025
Free cash flow
$98.77bn
FY2016FY2025
Shareholders' equity
$73.73bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $416.16bn | $391.04bn | $383.29bn | $394.33bn | $365.82bn | $274.51bn | $260.17bn | $265.60bn | $229.23bn | $215.64bn |
| Gross profit | $195.20bn | $180.68bn | $169.15bn | $170.78bn | $152.84bn | $104.96bn | $98.39bn | $101.84bn | $88.19bn | $84.26bn |
| Research and development | $34.55bn | $31.37bn | $29.91bn | $26.25bn | $21.91bn | $18.75bn | $16.22bn | $14.24bn | $11.58bn | $10.04bn |
| Operating income | $133.05bn | $123.22bn | $114.30bn | $119.44bn | $108.95bn | $66.29bn | $63.93bn | $70.90bn | $61.34bn | $60.02bn |
| Net income | $112.01bn | $93.74bn | $97.00bn | $99.80bn | $94.68bn | $57.41bn | $55.26bn | $59.53bn | $48.35bn | $45.69bn |
| Diluted earnings per share | 7.56 | 6.19 | 6.23 | 6.25 | 5.73 | 3.35 | 3.10 | 3.12 | 2.34 | 2.14 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $359.24bn | $364.98bn | $352.58bn | $352.75bn | $351.00bn | $323.89bn | $338.52bn | $365.73bn | $375.32bn | $321.69bn |
| Cash and short-term investments | $54.70bn | $65.17bn | $61.55bn | $48.30bn | $62.64bn | $90.94bn | $100.56bn | $66.30bn | $74.18bn | $67.16bn |
| Total liabilities | $285.51bn | $308.03bn | $290.44bn | $302.08bn | $287.91bn | $258.55bn | $248.03bn | $258.58bn | $241.27bn | $193.44bn |
| Debt | $101.47bn | $109.01bn | $112.11bn | $122.54bn | $127.02bn | $112.44bn | $108.05bn | $114.48bn | $115.68bn | $87.03bn |
| Shareholders' equity | $73.73bn | $56.95bn | $62.15bn | $50.67bn | $63.09bn | $65.34bn | $90.49bn | $107.15bn | $134.05bn | $128.25bn |
| Shares outstanding | 14,810m | 15,151m | 15,577m | 15,956m | 16,519m | 17,114m | 17,818m | 19,093m | 20,631m | 21,312m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $111.48bn | $118.25bn | $110.54bn | $122.15bn | $104.04bn | $80.67bn | $69.39bn | $77.43bn | $63.60bn | $65.82bn |
| Capital spending | −$12.71bn | −$9.45bn | −$10.96bn | −$10.71bn | −$11.09bn | −$7.31bn | −$10.49bn | −$13.31bn | −$12.45bn | −$12.73bn |
| Free cash flow | $98.77bn | $108.81bn | $99.58bn | $111.44bn | $92.95bn | $73.36bn | $58.90bn | $64.12bn | $51.15bn | $53.09bn |
| Dividends paid | −$15.42bn | −$15.23bn | −$15.03bn | −$14.84bn | −$14.47bn | −$14.08bn | −$14.12bn | −$13.71bn | −$12.77bn | −$12.15bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $109.42bn | $111.18bn | $143.76bn | $102.47bn | $94.04bn | $95.36bn | $124.30bn | $94.93bn |
| Gross profit | $54.77bn | $54.78bn | $69.23bn | $48.34bn | $43.72bn | $44.87bn | $58.27bn | $43.88bn |
| Operating income | $35.70bn | $35.88bn | $50.85bn | $32.43bn | $28.20bn | $29.59bn | $42.83bn | $29.59bn |
| Net income | $29.79bn | $29.58bn | $42.10bn | $27.47bn | $23.43bn | $24.78bn | $36.33bn | $14.74bn |
| Diluted earnings per share | 2.02 | 2.01 | 2.84 | 1.84 | 1.57 | 1.65 | 2.40 | 0.96 |
| Cash from operations | $34.37bn | $28.70bn | $53.92bn | $29.73bn | $27.87bn | $23.95bn | $29.93bn | $26.81bn |
| Capital spending | −$2.46bn | −$1.97bn | −$2.37bn | −$3.24bn | −$3.46bn | −$3.07bn | −$2.94bn | −$2.91bn |
| Free cash flow | $31.91bn | $26.73bn | $51.55bn | $26.49bn | $24.41bn | $20.88bn | $27.00bn | $23.90bn |
| Total assets | $383.27bn | $371.08bn | $379.30bn | $359.24bn | $331.50bn | $331.23bn | $344.08bn | $364.98bn |
| Cash and short-term investments | $62.40bn | $68.51bn | $66.91bn | $54.70bn | $55.37bn | $48.50bn | $53.77bn | $65.17bn |
| Debt | $84.31bn | $84.71bn | $90.51bn | $86.31bn | $92.35bn | $84.55bn | $85.95bn | $95.72bn |
| Shareholders' equity | $107.52bn | $106.49bn | $88.19bn | $73.73bn | $65.83bn | $66.80bn | $66.76bn | $56.95bn |
Financial ratios
Data as of 26 Aug 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 46.9% | 46.2% | 44.1% | 43.3% | 41.8% | 38.2% | — | — |
| Operating margin | 31.9% | 31.5% | 29.8% | 30.3% | 29.8% | 24.1% | — | — |
| Net margin | 26.9% | 24.0% | 25.3% | 25.3% | 25.9% | 20.9% | — | — |
| Return on equity | 151.9% | 164.6% | 156.1% | 197.0% | 150.1% | 87.9% | — | — |
| Return on assets | 31.2% | 25.7% | 27.5% | 28.3% | 27.0% | 17.7% | — | — |
| Free cash flow yield | 2.7% | 2.7% | 2.5% | 2.7% | 2.2% | 1.7% | — | — |
| Revenue growth | 6.4% | 2.0% | -2.8% | 7.8% | 33.3% | 5.5% | — | — |
| Earnings growth | 19.5% | -3.4% | -2.8% | 5.4% | 64.9% | 3.9% | — | — |
| Current ratio | 0.89x | 0.87x | 0.99x | 0.88x | 1.07x | 1.36x | — | — |
| Debt to equity | 1.37x | 1.90x | 1.79x | 2.37x | 1.98x | 1.72x | — | — |
| Equity ratio | 20.5% | 15.6% | 17.6% | 14.4% | 18.0% | 20.2% | — | — |
| Interest coverage | — | — | 29.06x | 40.75x | 41.19x | 23.07x | 17.88x | 21.88x |
| R&D as a share of sales | 8.3% | 8.0% | 7.8% | 6.7% | 6.0% | 6.8% | — | — |
| Buybacks as a share of market value | 2.2% | 2.7% | 2.4% | 3.4% | 3.5% | 4.0% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 1.8% | 8.7% | 5.9% |
| Operating income | 3.7% | 15.0% | 6.4% |
| Net income | 3.9% | 14.3% | 7.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 46.6% | 45.2% | 43.8% | 42.0% |
| Operating margin | 31.7% | 30.9% | 29.9% | 28.9% |
| Net margin | 25.5% | 25.4% | 24.9% | 23.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 36.0 | 40.5 | 30.9 | 20.8 | 31.0 | 39.5 | 23.7 | 12.7 | 18.1 | 13.5 |
| Price to sales | 9.7 | 9.7 | 7.8 | 5.3 | 8.0 | 8.3 | 5.0 | 2.8 | 3.8 | 2.9 |
Market value over time
30 Sept 2016 to 25 Aug 2026, in USD
$621.80bn$4.57trn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 10% | 26% | 49% | -22% | 32% | 84% | 78% | -10% | 49% | 11% |
Dividends and splits
Per share, in the currency the company pays
Paid for 14 years. Last went ex-dividend on 10 Aug 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 1.06 | 1.02 | 0.98 | 0.94 | 0.90 | 0.85 | 0.795 | 0.75 |
- 4-for-1 split · 31 Aug 2020
- 7-for-1 split · 9 Jun 2014
- 2-for-1 split · 28 Feb 2005
- 2-for-1 split · 21 Jun 2000
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.