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Apple Inc. (AAPL) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

TECHNOLOGY · Technology Hardware, Storage & Peripherals · DATA UPDATED 2026-07-12

Apple Inc. (AAPL) operates in the Technology Hardware, Storage & Peripherals industry and is headquartered in Cupertino, United States with about 166,000 employees. Its market capitalization is roughly $4.89 trillion. In the fiscal year ended 2025-09-30, AAPL reported $416.2B in revenue and $112.0B in net income.

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.

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AAPL Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-03-312025-09-302024-09-302023-09-302022-09-302021-09-302020-09-302019-09-302018-09-302017-09-302016-09-302015-09-302014-09-302013-09-302012-09-302011-09-302010-09-302009-09-302008-09-302007-09-302006-09-30
Total Revenue$451.4B$416.2B$391.0B$383.3B$394.3B$365.8B$274.5B$260.2B$265.6B$229.2B$215.6B$233.7B$182.8B$170.9B$156.5B$108.2B$65.2B$42.6B$32.5B$24.0B$19.3B
Gross Profit$216.1B$195.2B$180.7B$169.1B$170.8B$152.8B$105.0B$98.4B$101.8B$88.2B$84.3B$93.6B$70.5B$64.3B$68.7B$43.8B$25.7B$16.9B$11.1B$8.2B$5.6B
Gross Margin %47.9%46.9%46.2%44.1%43.3%41.8%38.2%37.8%38.3%38.5%39.1%40.1%38.6%37.6%43.9%40.5%39.4%39.6%34.3%34.0%29.0%
Operating Income (EBIT)$147.4B$133.1B$123.2B$114.3B$119.4B$108.9B$66.3B$63.9B$70.9B$61.3B$60.0B$71.2B$52.5B$49.0B$55.2B$33.8B$18.4B$11.4B$6.3B$4.4B$2.5B
Operating Margin %32.6%32.0%31.5%29.8%30.3%29.8%24.1%24.6%26.7%26.8%27.8%30.5%28.7%28.7%35.3%31.2%28.2%26.7%19.3%18.4%12.7%
Net Income$122.6B$112.0B$93.7B$97.0B$99.8B$94.7B$57.4B$55.3B$59.5B$48.4B$45.7B$53.4B$39.5B$37.0B$41.7B$25.9B$14.0B$8.2B$4.8B$3.5B$2.0B
Net Margin %27.2%26.9%24.0%25.3%25.3%25.9%20.9%21.2%22.4%21.1%21.2%22.9%21.6%21.7%26.7%23.9%21.5%19.3%14.9%14.6%10.3%
EBITDA$160.0B$144.4B$134.7B$125.8B$130.5B$123.1B$81.0B$81.9B$87.0B$76.6B$73.3B$84.5B$61.8B$57.0B$59.0B$36.0B$19.4B$12.0B$7.3B$4.7B$2.7B
Earnings Per Share (EPS)$8.24$7.46$6.08$6.13$6.11$5.61$3.28$2.97$2.98$2.30$2.08$2.30$1.61$1.42$1.58$0.99$0.54$0.32$0.19$0.14$0.08
Shares Outstanding (M)14,768M15,005M15,408M15,813M16,326M16,865M17,528M18,596M20,000M21,007M22,001M23,172M24,491M26,087M26,470M26,226M25,892M25,396M25,260M24,900M24,571M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

AAPL Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Total Revenue$111.2B$143.8B$102.5B$94.0B$95.4B$124.3B$94.9B$85.8B
Gross Profit$54.8B$69.2B$48.3B$43.7B$44.9B$58.3B$43.9B$39.7B
Gross Margin %49.3%48.2%47.2%46.5%47.0%46.9%46.2%46.3%
Operating Income (EBIT)$35.9B$50.9B$32.4B$28.2B$29.6B$42.8B$29.6B$25.4B
Operating Margin %32.3%35.4%31.6%30.0%31.0%34.5%31.2%29.6%
Net Income$29.6B$42.1B$27.5B$23.4B$24.8B$36.3B$14.7B$21.4B
Net Margin %26.6%29.3%26.8%24.9%26.0%29.2%15.5%25.0%
EBITDA$39.3B$54.2B$35.6B$30.9B$32.0B$45.7B$32.5B$28.2B
Earnings Per Share (EPS)$2.00$2.84$1.83$1.57$1.65$2.40$0.96$1.40
Shares Outstanding (M)14,768M14,810M15,005M14,948M15,056M15,151M15,408M15,348M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

AAPL Free Cash Flow History

Cash flowTTM → 2026-03-312025-09-302024-09-302023-09-302022-09-302021-09-302020-09-302019-09-302018-09-302017-09-302016-09-302015-09-302014-09-302013-09-302012-09-302011-09-302010-09-302009-09-302008-09-302007-09-302006-09-30
Cash from Operations (CFO)$140.2B$111.5B$118.3B$110.5B$122.2B$104.0B$80.7B$69.4B$77.4B$63.6B$65.8B$81.3B$59.7B$53.7B$50.9B$37.5B$18.6B$10.2B$9.6B$5.5B$2.2B
Capital Expenditures (CapEx)$11.0B$12.7B$9.4B$11.0B$10.7B$11.1B$7.3B$10.5B$13.3B$12.5B$12.7B$11.2B$9.6B$8.2B$8.3B$4.3B$2.0B$1.1B$1.1B$735M$657M
Free Cash Flow (FCF)$129.2B$98.8B$108.8B$99.6B$111.4B$93.0B$73.4B$58.9B$64.1B$51.1B$53.1B$70.0B$50.1B$45.5B$42.6B$33.3B$16.6B$9.0B$8.5B$4.7B$1.6B
FCF Margin %28.6%23.7%27.8%26.0%28.3%25.4%26.7%22.6%24.1%22.3%24.6%30.0%27.4%26.6%27.2%30.7%25.4%21.2%26.2%19.7%8.1%
Dividends Paid$15.6B$15.4B$15.2B$15.0B$14.8B$14.5B$14.1B$14.1B$13.7B$12.8B$12.2B$11.6B$11.1B$10.6B$2.5B

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

AAPL Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Cash from Operations (CFO)$28.7B$53.9B$29.7B$27.9B$24.0B$29.9B$26.8B$28.9B
Capital Expenditures (CapEx)$2.0B$2.4B$3.2B$3.5B$3.1B$2.9B$2.9B$2.2B
Free Cash Flow (FCF)$26.7B$51.6B$26.5B$24.4B$20.9B$27.0B$23.9B$26.7B
FCF Margin %24.0%35.9%25.9%25.9%21.9%21.7%25.2%31.1%
Dividends Paid$3.8B$3.9B$3.9B$3.9B$3.8B$3.9B$3.8B$3.9B

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

AAPL Balance Sheet History

Balance sheet2026-03-312025-09-302024-09-302023-09-302022-09-302021-09-302020-09-302019-09-302018-09-302017-09-302016-09-302015-09-302014-09-302013-09-302012-09-302011-09-302010-09-302009-09-302008-09-302007-09-302006-09-30
Total Assets$371.1B$359.2B$365.0B$352.6B$352.8B$351.0B$323.9B$338.5B$365.7B$375.3B$321.7B$290.5B$231.8B$207.0B$176.1B$116.4B$75.2B$53.9B$39.6B$25.3B$17.2B
Cash & Cash Equivalents$36.3B$35.9B$29.9B$30.0B$23.6B$34.9B$38.0B$48.8B$25.9B$20.3B$20.5B$21.1B$13.8B$14.3B$10.7B$9.8B$11.3B$5.3B$11.9B$9.4B$6.4B
Total Liabilities$264.6B$285.5B$308.0B$290.4B$302.1B$287.9B$258.5B$248.0B$258.6B$241.3B$193.4B$171.1B$120.3B$83.5B$57.9B$39.8B$27.4B$26.0B$18.5B$10.8B$7.2B
Total Debt (Short + Long-Term)$84.7B$100.8B$108.3B$111.1B$120.1B$124.7B$112.4B$108.0B$114.5B$115.7B$87.0B$64.5B$35.3B$24.6B$6.3B$5.6B$2.5B$1.9B$2.5B$1.8B$1.5B
Total Shareholders' Equity$106.5B$73.7B$57.0B$62.1B$50.7B$63.1B$65.3B$90.5B$107.1B$134.0B$128.2B$119.4B$111.5B$123.5B$118.2B$76.6B$47.8B$27.8B$21.0B$14.5B$10.0B

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive AAPL viewer.

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