Apple logo
Apple AAPL
$ 273.62 -1.67%

Quarterly report 2025-Q2
added 12-06-2025

report update icon

Apple Income Statement 2011-2025 | AAPL

Annual Income Statement Apple

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

4.02 T 3.42 T 2.78 T 2.83 T 2.75 T 2.09 T 1.24 T 831 B 870 B 644 B 663 B 640 B 490 B 565 B 375 B

Shares

14.9 B 15.3 B 15.7 B 16.2 B 16.7 B 17.4 B 18.5 B 19.8 B 20.9 B 21.9 B 23 B 24.3 B 25.9 B 26.2 B 25.9 B

Historical Prices

269 223 177 175 165 120 67.2 41.9 42.5 32.1 22.2 29 16.6 13.6 16.6

Net Income

112 B 93.7 B 97 B 99.8 B 94.7 B 57.4 B 55.3 B 20 B 48.4 B 45.7 B 53.4 B 39.5 B 37 B 41.7 B 25.9 B

Revenue

416 B 391 B 383 B 394 B 366 B 275 B 260 B 266 B 229 B 216 B 234 B 183 B 171 B 157 B 108 B

Cost of Revenue

221 B 210 B 214 B 224 B 213 B 170 B 162 B 164 B 141 B 131 B 140 B 112 B 107 B 87.8 B 64.4 B

Gross Profit

195 B 181 B 169 B 171 B 153 B 105 B 98.4 B 32 B 88.2 B 84.3 B 93.6 B 70.5 B 64.3 B 68.7 B 43.8 B

Operating Income

133 B 123 B 114 B 119 B 109 B 66.3 B 63.9 B 70.9 B 61.3 B 60 B 71.2 B 52.5 B 49 B 55.2 B 33.8 B

Interest Expense

- - - 2.93 B 2.64 B 2.87 B 3.58 B 3.24 B 2.32 B 1.46 B 733 M 384 M 136 M - -

EBITDA

145 B 135 B 126 B 131 B 120 B 77.3 B 76.5 B 81.8 B 71.5 B 70.5 B 82.5 B 60.4 B 55.8 B 58.5 B 35.6 B

Operating Expenses

62.2 B 57.5 B 54.8 B 51.3 B 43.9 B 38.7 B 34.5 B 30.9 B 26.8 B 24.2 B 22.4 B 18 B 15.3 B 13.4 B 10 B

General and Administrative Expenses

8.08 B 7.46 B 6.67 B 25.1 B 22 B 19.9 B 18.2 B 16.7 B 15.3 B 14.2 B 14.3 B 12 B 10.8 B 10 B 7.6 B

All numbers in USD currency

Quarterly Income Statement Apple

2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

14.9 B 15 B 15.1 B 15.1 B 15.3 B 15.4 B 15.5 B - 15.7 B 15.8 B 15.9 B - 16.2 B 16.3 B 16.4 B 16.4 B 16.6 B 16.8 B 16.9 B 17.5 B 17.3 B 17.4 B 17.7 B 4.66 B 4.57 B 4.67 B 4.74 B 5.01 B 4.88 B 4.74 B 5.11 B 5.24 B 5.2 B 5.11 B 5.3 B 5.51 B 5.44 B 5.3 B 5.56 B 5.79 B 5.73 B 5.56 B 5.84 B 6.14 B 6.01 B 5.84 B 6.27 B 6.53 B 6.43 B 896 M 939 M 934 M 937 M 939 M 931 M 923 M 926 M 931 M

Net Income

23.4 B 24.8 B 36.3 B - 21.4 B 23.6 B 33.9 B - 19.9 B 24.2 B 30 B - 19.4 B 25 B 34.6 B - 21.7 B 23.6 B 28.8 B 12.7 B 11.3 B 11.2 B 22.2 B 13.7 B 10 B 22.2 B 20 B 14.1 B 11.5 B 20 B 20.1 B 10.7 B 8.72 B 20.1 B 17.9 B 9.01 B 7.8 B 17.9 B 18.4 B 11.1 B 10.7 B 18.4 B 18 B 8.47 B 7.75 B 18 B 13.1 B 7.51 B 6.9 B 13.1 B 13.1 B 8.22 B 8.82 B 13.1 B 13.1 B 6.62 B 7.31 B 13.1 B

Revenue

94 B 95.4 B 124 B - 85.8 B 90.8 B 120 B - - - - - - 97.3 B 124 B - 81.4 B 89.6 B 111 B 64.7 B 59.7 B 111 B 91.8 B 64 B 53.8 B 91.8 B 84.3 B 62.9 B 53.3 B 61.1 B 88.3 B 52.6 B 45.4 B 52.9 B 78.4 B 46.9 B 42.4 B 78.4 B 75.9 B 51.5 B 49.6 B 75.9 B 74.6 B 42.1 B 37.4 B 74.6 B 57.6 B 37.5 B 35.3 B 57.6 B 54.5 B 36 B 35 B 54.5 B 46.3 B 28.3 B 28.6 B 46.3 B

Cost of Revenue

50.3 B 50.5 B 66 B - 46.1 B 48.5 B 64.7 B - - - - - - 54.7 B 69.7 B - 46.2 B 51.5 B 67.1 B 130 B 37 B 67.1 B 56.6 B 122 B 33.6 B 56.6 B 52.3 B 125 B 32.8 B 52.3 B 54.4 B 108 B 27.9 B 54.4 B 48.2 B 102 B 26.3 B 48.2 B 45.4 B 109 B 29.9 B 45.4 B 44.9 B 86.1 B 22.7 B 44.9 B 35.7 B 83 B 22.3 B 35.7 B 33.5 B 66.3 B 20 B 33.5 B 25.6 B 47.5 B 16.6 B 25.6 B

Gross Profit

43.7 B 44.9 B 58.3 B - 39.7 B 42.3 B 54.9 B - 36.4 B 42 B 50.3 B - 35.9 B 42.6 B 54.2 B - 35.3 B 38.1 B 44.3 B 24.7 B 22.7 B 22.4 B 35.2 B 24.3 B 20.2 B 35.2 B 32 B 24.1 B 20.4 B 32 B 33.9 B 19.9 B 17.5 B 33.9 B 30.2 B 17.8 B 16.1 B 30.2 B 30.4 B 20.5 B 19.7 B 30.4 B 29.7 B 16 B 14.7 B 29.7 B 21.8 B 13.9 B 13 B 21.8 B 21.1 B 14.4 B 15 B 21.1 B 20.7 B 11.4 B 11.9 B 20.7 B

Operating Income

28.2 B 29.6 B 42.8 B - 25.4 B 27.9 B 40.4 B - 23 B 28.3 B 36 B - 23.1 B 30 B 41.5 B - 24.1 B 27.5 B 33.5 B 51.5 B 13.1 B 12.9 B 25.6 B 48.3 B 11.5 B 13.4 B 23.3 B 54.8 B 12.6 B 23.3 B 26.3 B 48.2 B 10.8 B 26.3 B 23.4 B 48.3 B 10.1 B 23.4 B 24.2 B 56.6 B 14.1 B 24.2 B 24.2 B 41.3 B 10.3 B 24.2 B 17.5 B 39 B 9.2 B 17.5 B 17.2 B 44.3 B 11.6 B 17.2 B 17.3 B 25.1 B 9.38 B 17.3 B

Interest Expense

- - - - - - - - 998 M 930 M 1 B - 719 M 691 M 694 M - 665 M 670 M 638 M 2.24 B 697 M 757 M 785 M 2.77 B 866 M 1.01 B 890 M 2.37 B 846 M 890 M 734 M 1.66 B 602 M 734 M 525 M 1.01 B 409 M 525 M 276 M 495 M 201 M 276 M 131 M 269 M 100 M 131 M 84 M 53 M 53 M 84 M - - - - - - - -

EBITDA

- - 45.9 B - - - 43.2 B - - - 38.9 B - 23.1 B 30 B 44.2 B - 29.6 B 27.5 B 36.2 B 59.9 B 18.7 B 15.5 B 28.4 B 57.7 B 18 B 16.2 B 26.7 B 62.9 B 18.1 B 26.7 B 29 B 55.9 B 16.1 B 26.3 B 26.3 B 56.2 B 15.5 B 26.3 B 27.1 B 64.7 B 19.1 B 27.1 B 26.8 B 47.3 B 14.3 B 26.8 B 19.6 B 43.9 B 12.5 B 19.6 B 18.8 B 46.6 B 13 B 18.8 B 18.1 B 26.4 B 10.2 B 18.1 B

Operating Expenses

15.5 B 15.3 B 15.4 B - 14.3 B 14.4 B 14.5 B - - - - - - 12.6 B 12.8 B - 11.1 B 10.6 B 10.8 B 28.8 B 9.59 B 10.8 B 9.65 B 25.8 B 8.68 B 9.65 B 8.68 B 23 B 7.81 B 8.68 B 7.64 B 20 B 6.72 B 7.64 B 6.82 B 18.2 B 6 B 6.82 B 6.25 B 16.5 B 5.6 B 6.25 B 5.5 B 13.2 B 4.45 B 5.5 B 4.38 B 11.5 B 3.82 B 4.38 B 3.85 B 9.96 B 3.42 B 3.85 B 3.36 B 7.36 B 2.54 B 3.36 B

General and Administrative Expenses

6.65 B 6.73 B 7.18 B - 6.32 B 6.47 B 6.79 B - - - - - - 6.19 B 6.45 B - 5.41 B 5.31 B 5.63 B 15 B 4.83 B 5.63 B 5.2 B 13.7 B 4.43 B 5.2 B 4.78 B 12.5 B 4.11 B 4.78 B 4.23 B 11.4 B 3.78 B 4.23 B 3.95 B 10.7 B 3.44 B 3.95 B 3.85 B 10.6 B 3.56 B 3.85 B 3.6 B 8.84 B 2.85 B 3.6 B 3.05 B 8.16 B 2.64 B 3.05 B 2.84 B 7.49 B 2.54 B 2.84 B 2.6 B 5.57 B 1.92 B 2.6 B

All numbers in USD currency

The income statement is one of the three key financial reports of a company Apple (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

Reports on the profits and losses of other stocks in the Consumer electronics industry

Issuer Price % 24h Market Cap Country
Mohawk Group Holdings, Inc. Mohawk Group Holdings, Inc.
MWK
- -3.50 % $ 723 M usaUSA
iRobot Corporation iRobot Corporation
IRBT
$ 1.17 -73.02 % $ 32.4 M usaUSA
Koss Corporation Koss Corporation
KOSS
$ 4.57 -0.22 % $ 35.9 M usaUSA
LG Display Co., Ltd. LG Display Co., Ltd.
LPL
$ 4.2 -0.36 % $ 1.75 B south-koreaSouth-korea
Turtle Beach Corporation Turtle Beach Corporation
HEAR
- -0.23 % $ 300 M usaUSA
Emerson Radio Corp. Emerson Radio Corp.
MSN
$ 0.38 0.47 % $ 8 M usaUSA
GoPro GoPro
GPRO
$ 1.59 -8.38 % $ 244 M usaUSA
Hamilton Beach Brands Holding Company Hamilton Beach Brands Holding Company
HBB
$ 16.25 -2.78 % $ 227 M usaUSA
Sonos Sonos
SONO
$ 18.31 -0.62 % $ 2.21 B usaUSA
Universal Electronics Universal Electronics
UEIC
$ 3.18 -2.75 % $ 40.9 M usaUSA
Sony Corporation Sony Corporation
SONY
$ 26.67 -0.41 % $ 32.8 B japanJapan
Vuzix Corporation Vuzix Corporation
VUZI
$ 2.72 0.18 % $ 173 M usaUSA
Viomi Technology Co., Ltd Viomi Technology Co., Ltd
VIOT
$ 2.19 -1.86 % $ 448 M chinaChina