AAPL
Apple Inc
NASDAQ: AAPL · TECHNOLOGY · CONSUMER ELECTRONICS
$271.35
+0.44% today
Updated 2026-04-29
Market cap
$3.98T
P/E ratio
34.35
P/S ratio
9.14x
EPS (TTM)
$7.89
Dividend yield
0.38%
52W range
$192 – $288
Volume
40.9M
Apple Inc (AAPL) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $19.32B | $24.01B | $32.48B | $42.91B | $65.22B | $108.25B | $156.51B | $170.91B | $182.79B | $233.72B | $215.64B | $229.23B | $265.60B | $260.17B | $274.51B | $365.82B | $394.33B | $383.29B | $391.04B | $416.16B |
| Revenue growth (YoY) | — | +24.3% | +35.3% | +32.1% | +52.0% | +66.0% | +44.6% | +9.2% | +7.0% | +27.9% | -7.7% | +6.3% | +15.9% | -2.0% | +5.5% | +33.3% | +7.8% | -2.8% | +2.0% | +6.4% |
| Cost of revenue | $13.72B | $15.85B | $21.33B | $25.68B | $39.54B | $64.43B | $87.85B | $106.61B | $112.26B | $140.09B | $131.38B | $141.05B | $163.76B | $161.78B | $169.56B | $212.98B | $223.55B | $214.14B | $210.35B | $220.96B |
| Gross profit | $5.60B | $8.15B | $11.14B | $17.22B | $25.68B | $43.82B | $68.66B | $64.30B | $70.54B | $93.63B | $84.26B | $88.19B | $101.84B | $98.39B | $104.96B | $152.84B | $170.78B | $169.15B | $180.68B | $195.20B |
| Gross margin | 29.0% | 34.0% | 34.3% | 40.1% | 39.4% | 40.5% | 43.9% | 37.6% | 38.6% | 40.1% | 39.1% | 38.5% | 38.3% | 37.8% | 38.2% | 41.8% | 43.3% | 44.1% | 46.2% | 46.9% |
| R&D | $712.00M | $782.00M | $1.11B | $1.33B | $1.78B | $2.43B | $3.38B | $4.47B | $6.04B | $8.07B | $10.04B | $11.58B | $14.24B | $16.22B | $18.75B | $21.91B | $26.25B | $29.91B | $31.37B | $34.55B |
| SG&A | $2.43B | $2.96B | $3.76B | $4.15B | $5.52B | $7.60B | $9.04B | $9.73B | $11.99B | $14.33B | $14.19B | $15.26B | $16.70B | $18.25B | $19.92B | $21.97B | $25.09B | $24.93B | $26.10B | $8.08B |
| Operating income | $2.45B | $4.41B | $6.28B | $11.74B | $18.39B | $33.79B | $55.24B | $49.00B | $52.50B | $71.23B | $60.02B | $61.34B | $70.90B | $63.93B | $66.29B | $108.95B | $119.44B | $114.30B | $123.22B | $133.05B |
| Operating margin | 12.7% | 18.4% | 19.3% | 27.4% | 28.2% | 31.2% | 35.3% | 28.7% | 28.7% | 30.5% | 27.8% | 26.8% | 26.7% | 24.6% | 24.1% | 29.8% | 30.3% | 29.8% | 31.5% | 32.0% |
| EBITDA | $2.68B | $4.72B | $7.30B | $12.47B | $19.41B | $36.02B | $59.04B | $57.05B | $61.81B | $84.50B | $73.33B | $76.57B | $87.05B | $81.86B | $81.02B | $123.14B | $130.54B | $125.82B | $134.66B | $144.43B |
| EBITDA margin | 13.9% | 19.7% | 22.5% | 29.1% | 29.8% | 33.3% | 37.7% | 33.4% | 33.8% | 36.2% | 34.0% | 33.4% | 32.8% | 31.5% | 29.5% | 33.7% | 33.1% | 32.8% | 34.4% | 34.7% |
| EBIT | $2.45B | $4.41B | $6.89B | $11.74B | $18.39B | $34.20B | $55.76B | $50.29B | $53.87B | $73.25B | $62.83B | $66.41B | $76.14B | $69.31B | $69.96B | $111.85B | $119.44B | $114.30B | $123.22B | $132.73B |
| Interest expense | $365.00M | $599.00M | $620.00M | $326.00M | $155.00M | $415.00M | $522.00M | $136.00M | $384.00M | $733.00M | $1.46B | $2.32B | $3.24B | $3.58B | $2.87B | $2.65B | $2.93B | $3.93B | $0.00 | — |
| Income tax | $829.00M | $1.51B | $2.06B | $3.83B | $4.53B | $8.28B | $14.03B | $13.12B | $13.97B | $19.12B | $15.69B | $15.74B | $13.37B | $10.48B | $9.68B | $14.53B | $19.30B | $16.74B | $29.75B | $20.72B |
| Effective tax rate | 29.4% | 30.2% | 29.9% | 31.8% | 24.4% | 24.2% | 25.2% | 26.2% | 26.1% | 26.4% | 25.6% | 24.6% | 18.3% | 15.9% | 14.4% | 13.3% | 16.2% | 14.7% | 24.1% | 15.6% |
| Net income | $1.99B | $3.50B | $4.83B | $8.23B | $14.01B | $25.92B | $41.73B | $37.04B | $39.51B | $53.39B | $45.69B | $48.35B | $59.53B | $55.26B | $57.41B | $94.68B | $99.80B | $97.00B | $93.74B | $112.01B |
| Net income growth (YoY) | — | +75.7% | +38.3% | +70.4% | +70.2% | +85.0% | +61.0% | -11.3% | +6.7% | +35.1% | -14.4% | +5.8% | +23.1% | -7.2% | +3.9% | +64.9% | +5.4% | -2.8% | -3.4% | +19.5% |
| Profit margin | 10.3% | 14.6% | 14.9% | 19.2% | 21.5% | 23.9% | 26.7% | 21.7% | 21.6% | 22.8% | 21.2% | 21.1% | 22.4% | 21.2% | 20.9% | 25.9% | 25.3% | 25.3% | 24.0% | 26.9% |