Apple Inc. (AAPL) Financial Statements
Industry: Electronic Computers
In fiscal 2025, Apple reported revenue of $416.16B, up 6.4% from $391.04B the year before. Net income was $112.01B (a 26.9% net margin), or $7.46 per diluted share. Gross margin was 46.9% and operating margin was 32.0%. Operating activities generated $111.48B of cash, leaving $98.77B of free cash flow. At fiscal year end, Apple held $359.24B in total assets against $285.51B in total liabilities, including $35.93B of cash and equivalents.
Open the full interactive Apple financials → Quarterly statements, key ratios, valuation history and price charts.
Apple Key Stats
| Share Price | $341.27 |
|---|---|
| Market Cap | $5.02T |
| P/E Ratio | 45.7 |
| Dividend Yield | 0.31% |
| Revenue YoY Growth | +6.4% |
| 52-Week Range | $246.03 – $341.27 |
| Shares Outstanding | 14.66 billion (basic, 2026 Q3) |
Apple Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $274.51B | $365.82B | $394.33B | $383.29B | $391.04B | $416.16B |
| Cost of Goods Sold | $169.56B | $212.98B | $223.55B | $214.14B | $210.35B | $220.96B |
| Gross Profit | $104.96B | $152.84B | $170.78B | $169.15B | $180.68B | $195.20B |
| Operating Income | $66.29B | $108.95B | $119.44B | $114.30B | $123.22B | $133.05B |
| Pre-Tax Income | $67.09B | $109.21B | $119.10B | $113.74B | $123.48B | $132.73B |
| Income Tax | $9.68B | $14.53B | $19.30B | $16.74B | $29.75B | $20.72B |
| Net Income | $57.41B | $94.68B | $99.80B | $97.00B | $93.74B | $112.01B |
| Diluted EPS | $3.28 | $5.61 | $6.11 | $6.13 | $6.08 | $7.46 |
Apple Quarterly Results
| 2025 Q4 | 2026 Q1 | 2026 Q2 | 2026 Q3 | |
|---|---|---|---|---|
| Revenue | $102.47B | $143.76B | $111.18B | $109.42B |
| Net Income | $27.47B | $42.10B | $29.58B | $29.79B |
| Diluted EPS | $1.83 | $2.84 | $2.01 | $2.02 |
Apple Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $38.02B | $34.94B | $23.65B | $29.96B | $29.94B | $35.93B |
| Current Assets | $143.71B | $134.84B | $135.41B | $143.57B | $152.99B | $147.96B |
| Total Assets | $323.89B | $351.00B | $352.75B | $352.58B | $364.98B | $359.24B |
| Current Liabilities | $105.39B | $125.48B | $153.98B | $145.31B | $176.39B | $165.63B |
| Total Long-Term Debt | $107.44B | $118.72B | $110.09B | $105.10B | $96.66B | $90.68B |
| Total Liabilities | $258.55B | $287.91B | $302.08B | $290.44B | $308.03B | $285.51B |
| Shareholders' Equity | $65.34B | $63.09B | $50.67B | $62.15B | $56.95B | $73.73B |
Apple Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $80.67B | $104.04B | $122.15B | $110.54B | $118.25B | $111.48B |
| Cash From Investing | -$4.29B | -$14.54B | -$22.35B | $3.71B | $2.94B | $15.20B |
| Cash From Financing | -$86.82B | -$93.35B | -$110.75B | -$108.49B | -$121.98B | -$120.69B |
| Free Cash Flow | $73.36B | $92.95B | $111.44B | $99.58B | $108.81B | $98.77B |
| Dividends Paid | $14.08B | $14.47B | $14.84B | $15.03B | $15.23B | $15.42B |
Figures from Apple's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Apple financials page for every line item.
Apple Company Profile
| Ticker | AAPL |
|---|---|
| Exchange | Nasdaq |
| Industry | Electronic Computers |
| Headquarters | Cupertino, California |
| Incorporated in | California |
| Fiscal Year End | September 26 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000320193 |
Frequently Asked Questions
What was Apple's revenue in fiscal 2025?
Apple (AAPL) reported revenue of $416.16B for fiscal 2025.
What is Apple's annual revenue history?
Apple's annual revenue by fiscal year: 2020: $274.51B; 2021: $365.82B; 2022: $394.33B; 2023: $383.29B; 2024: $391.04B; 2025: $416.16B.
What was Apple's net income in fiscal 2025?
Apple reported net income of $112.01B for fiscal 2025.
What was Apple's earnings per share (EPS) in fiscal 2025?
Apple's diluted EPS was $7.46 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Apple generate in fiscal 2025?
Apple generated $98.77B of free cash flow in fiscal 2025.
What was Apple's revenue last quarter?
In its most recent reported quarter (2026 Q3), Apple reported revenue of $109.42B.
How much debt does Apple have?
Apple reported $90.68B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Apple are outstanding?
Apple reported a weighted average of 14.66 billion basic shares outstanding in 2026 Q3.
What is Apple's market cap?
Based on its latest closing price, Apple (AAPL) has a market capitalization of about $5.02T.
When does Apple's fiscal year end?
Apple's fiscal year end, as registered with the SEC, is September 26.
Where is Apple headquartered?
Apple lists its business address in Cupertino, California in its SEC filings.