Apple Inc. (AAPL) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	466.8B	416.2B	391.0B	383.3B	394.3B
Cost of Revenue	239.7B	221.0B	210.4B	214.1B	223.5B
Gross Profit	227.1B	195.2B	180.7B	169.1B	170.8B
Operating Expenses
R&D Expense	42.9B	34.5B	31.4B	29.9B	26.3B
SG&A Expense	29.4B	27.6B	26.1B	24.9B	25.1B
General & Admin Expense	2.1B	8.1B	7.5B	—	—
Selling & Marketing Expense	5.4B	19.5B	18.6B	—	—
Other Expenses	—	—	—	—	—
Total Operating Expenses	72.3B	62.2B	57.5B	54.8B	51.3B
Cost and Expenses	312.0B	283.1B	267.8B	269.0B	274.9B
Operating Income (EBIT)	154.9B	133.1B	123.2B	114.3B	119.4B
Non-Operating
Interest Income	—	—	—	3.8B	2.8B
Interest Expense	—	—	—	3.9B	2.9B
Net Interest Income	—	—	—	(183.0M)	(106.0M)
Other Non-Op Income/Expense	1.0B	(321.0M)	269.0M	(565.0M)	(334.0M)
Non-Operating Income (excl Interest)	(579.0M)	321.0M	(269.0M)	(3.4B)	(2.6B)
EBT (Pre-Tax Income)	155.9B	132.7B	123.5B	113.7B	119.1B
Income Tax Expense	27.0B	20.7B	29.7B	16.7B	19.3B
Bottom Line
Net Income	128.9B	112.0B	93.7B	97.0B	99.8B
Earnings from Cont. Ops	128.9B	112.0B	93.7B	97.0B	99.8B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	128.9B	112.0B	93.7B	97.0B	99.8B
Per Share
Basic EPS	$8.76	$7.49	$6.11	$6.16	$6.15
Diluted EPS	$8.73	$7.46	$6.08	$6.13	$6.11
Revenue Per Share	$31.77	$27.84	$25.48	$24.34	$24.32
Shares
Basic Shares Outstanding	14.7B	14.9B	15.3B	15.7B	16.2B
Diluted Shares Outstanding	14.8B	15.0B	15.4B	15.8B	16.3B
Profitability Metrics
EBITDA	168.5B	144.4B	134.9B	129.2B	133.1B
D&A	13.1B	11.7B	11.4B	11.5B	11.1B
EBIT	155.3B	132.7B	123.5B	117.7B	122.0B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026