Apple Inc. AAPL

Technology SIC 3571 - Electronic Computers NAICS Manufacturing › Computer and Electronic Product Manufacturing › Computer and Peripheral Equipment Manufacturing › Electronic Computer Manufacturing derived Nasdaq

The Company designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories, and sells a variety of related services. The Company's fiscal year is the 52- or 53-week period that ends on the last Saturday of September.

iPhone® is the Company's line of smartphones based on its iOS operating system. The iPhone line includes iPhone 17 Pro, iPhone Air™, iPhone 17, iPhone 16 and iPhone 16e.

Mac® is the Company's line of personal computers based on its macOS® operating system. The Mac line includes laptops MacBook Air® and MacBook Pro®, as well as desktops iMac®, Mac mini®, Mac Studio® and Mac Pro®.

iPad® is the Company's line of multipurpose tablets based on its iPadOS® operating system. The iPad line includes iPad Pro®, iPad Air®, iPad and iPad mini®.

Last close 347.73 2026-10-23
Market cap $5.07T 2026-06-27 share count
52-week range 243.42 - 351.73

Valuation FY2025 figures against the last close

P/S12.2x
P/E46.6x
P/FCF51.4x
EV/EBITDA35.3x
Dividend yield0.3%
Diluted EPS7.46

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • Other countries
  • U.S.
  • China
Revenue by geography, 3 categories over 3 years. The same figures are in the table below. FY2025 Other countries, FY2025: 200B (48.1%) 48% Other countries U.S., FY2025: 151.8B (36.5%) 36% U.S. China, FY2025: 64.4B (15.5%) 15% China FY2024 Other countries, FY2024: 181.9B (46.5%) 47% U.S., FY2024: 142.2B (36.4%) 36% China, FY2024: 67B (17.1%) 17% FY2023 Other countries, FY2023: 172.2B (44.9%) 45% U.S., FY2023: 138.6B (36.2%) 36% China, FY2023: 72.6B (18.9%) 19%
Region FY2025FY2024FY2023
Other countries $199.99B $181.89B $172.15B
U.S. $151.79B $142.20B $138.57B
China $64.38B $66.95B $72.56B

As the company reported it, from the “Segment Information and Geographic Data - Net Sales for Countries that Individually Accounted for More than 10% of the Total (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Revenue by segment

  • Americas
  • Europe
  • Greater China
  • Rest of Asia Pacific
  • Japan
Revenue by segment, 5 categories over 3 years. The same figures are in the table below. FY2025 Americas, FY2025: 178.4B (42.9%) 43% Americas Europe, FY2025: 111B (26.7%) 27% Europe Greater China, FY2025: 64.4B (15.5%) 15% Greater China Rest of Asia Pacific, FY2025: 33.7B (8.1%) 8% Japan, FY2025: 28.7B (6.9%) 7% Japan FY2024 Americas, FY2024: 167B (42.7%) 43% Europe, FY2024: 101.3B (25.9%) 26% Greater China, FY2024: 67B (17.1%) 17% Rest of Asia Pacific, FY2024: 30.7B (7.8%) 8% Japan, FY2024: 25.1B (6.4%) 6% FY2023 Americas, FY2023: 162.6B (42.4%) 42% Europe, FY2023: 94.3B (24.6%) 25% Greater China, FY2023: 72.6B (18.9%) 19% Rest of Asia Pacific, FY2023: 29.6B (7.7%) 8% Japan, FY2023: 24.3B (6.3%) 6%
Segment FY2025FY2024FY2023
Americas $178.35B $167.04B $162.56B
Europe $111.03B $101.33B $94.29B
Greater China $64.38B $66.95B $72.56B
Rest of Asia Pacific $33.70B $30.66B $29.61B
Japan $28.70B $25.05B $24.26B

As the company reported it, from the “Segment Information and Geographic Data - Information by Reportable Segment (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $416.16B$391.04B$383.29B$394.33B$365.82B$274.51B$260.17B$265.60B$229.23B$215.64B
Cost of revenue $220.96B$210.35B$214.14B$223.55B$212.98B$169.56B$161.78B$163.76B$141.05B$131.38B
Gross profit $195.20B$180.68B$169.15B$170.78B$152.84B$104.96B$98.39B$101.84B$88.19B$84.26B
R&D $34.55B$31.37B$29.91B$26.25B$21.91B$18.75B$16.22B$14.24B$11.58B$10.04B
SG&A $27.60B$26.10B$24.93B$25.09B$21.97B$19.92B$18.25B$16.70B$15.26B$14.19B
Total operating expenses $62.15B$57.47B$54.85B$51.34B$43.89B$38.67B$34.46B$30.94B$26.84B$24.24B
Operating income $133.05B$123.22B$114.30B$119.44B$108.95B$66.29B$63.93B$70.90B$61.34B$60.02B
Interest expense ——$3.93B$2.93B$2.65B$2.87B$3.58B$3.24B$2.32B$1.46B
Pre-tax income $132.73B$123.48B$113.74B$119.10B$109.21B$67.09B$65.74B$72.90B$64.09B$61.37B
Income tax $20.72B$29.75B$16.74B$19.30B$14.53B$9.68B$10.48B$13.37B$15.74B$15.69B
Net income $112.01B$93.74B$97.00B$99.80B$94.68B$57.41B$55.26B$59.53B$48.35B$45.69B
EPS, basic 7.496.116.166.155.673.312.993.009.278.35
EPS, diluted 7.466.086.136.115.613.282.972.989.218.31
Shares, diluted (wtd. avg.) 15.00B15.41B15.81B16.33B16.86B17.53B18.60B20.00B5.25B5.50B

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $35.93B$29.94B$30.74B$24.98B$35.93B$39.79B$50.22B$25.91B$20.29B$20.48B
Short-term investments $18.76B$35.23B$31.59B$24.66B$27.70B$52.93B$51.71B$40.39B——
Receivables $39.78B$33.41B$29.51B$28.18B$26.28B$16.12B$22.93B$23.19B$17.87B$15.75B
Inventory $5.72B$7.29B$6.33B$4.95B$6.58B$4.06B$4.11B$3.96B$4.86B$2.13B
Total current assets $147.96B$152.99B$143.57B$135.41B$134.84B$143.71B$162.82B$131.34B$128.65B$106.87B
Property, plant and equipment $49.83B$45.68B$43.72B$42.12B$39.44B$36.77B$37.38B$41.30B$33.78B$27.01B
Goodwill ————————$5.72B$5.41B
Other intangibles ————————$2.30B$3.21B
Total assets $359.24B$364.98B$352.58B$352.75B$351.00B$323.89B$338.52B$365.73B$375.32B$321.69B
Accounts payable $69.86B$68.96B$62.61B$64.11B$54.76B$42.30B$46.24B$55.89B$44.24B$37.29B
Short-term debt $12.35B$10.91B$9.82B$11.13B$9.61B$8.77B$10.26B$8.78B$6.50B$3.50B
Total current liabilities $165.63B$176.39B$145.31B$153.98B$125.48B$105.39B$105.72B$115.93B$100.81B$79.01B
Long-term debt $78.33B$85.75B$95.28B$98.96B$109.11B$98.67B$91.81B$93.73B$97.21B$75.43B
Total liabilities $285.51B$308.03B$290.44B$302.08B$287.91B$258.55B$248.03B$258.58B$241.27B$193.44B
Retained earnings -$14.26B-$19.15B-$214.0M-$3.07B$5.56B$14.97B$45.90B$70.40B$98.33B$96.36B
Total equity $73.73B$56.95B$62.15B$50.67B$63.09B$65.34B$90.49B$107.15B$134.05B$128.25B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $111.48B$118.25B$110.54B$122.15B$104.04B$80.67B$69.39B$77.43B$64.22B$66.23B
Depreciation and amortisation $11.70B$11.45B$11.52B$11.10B$11.28B$11.06B$12.55B$10.90B$10.16B$10.51B
Stock-based compensation $12.86B$11.69B$10.83B$9.04B$7.91B$6.83B$6.07B$5.34B$4.84B$4.21B
Capital expenditure $12.71B$9.45B$10.96B$10.71B$11.09B$7.31B$10.49B$13.31B$12.45B$12.73B
Investing cash flow $15.20B$2.94B$3.71B-$22.35B-$14.54B-$4.29B$45.90B$16.07B-$46.45B-$45.98B
Financing cash flow -$120.69B-$121.98B-$108.49B-$110.75B-$93.35B-$86.82B-$90.98B-$87.88B-$17.97B-$20.89B
Dividends paid $15.42B$15.23B$15.03B$14.84B$14.47B$14.08B$14.12B$13.71B$12.77B$12.15B
Buybacks $90.71B$94.95B$77.55B$89.40B$85.97B$72.36B$66.90B$72.74B$32.90B$29.72B

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000320193-25-000079.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 200B 400B 600B Revenue, FY2016: 215.6B Gross profit, FY2016: 84.3B Net income, FY2016: 45.7B Revenue, FY2017: 229.2B Gross profit, FY2017: 88.2B Net income, FY2017: 48.4B Revenue, FY2018: 265.6B Gross profit, FY2018: 101.8B Net income, FY2018: 59.5B Revenue, FY2019: 260.2B Gross profit, FY2019: 98.4B Net income, FY2019: 55.3B Revenue, FY2020: 274.5B Gross profit, FY2020: 105B Net income, FY2020: 57.4B Revenue, FY2021: 365.8B Gross profit, FY2021: 152.8B Net income, FY2021: 94.7B Revenue, FY2022: 394.3B Gross profit, FY2022: 170.8B Net income, FY2022: 99.8B Revenue, FY2023: 383.3B Gross profit, FY2023: 169.1B Net income, FY2023: 97B Revenue, FY2024: 391B Gross profit, FY2024: 180.7B Net income, FY2024: 93.7B Revenue, FY2025: 416.2B Gross profit, FY2025: 195.2B Net income, FY2025: 112B FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $215.64B $229.23B $265.60B $260.17B $274.51B $365.82B $394.33B $383.29B $391.04B $416.16B
Gross profit $84.26B $88.19B $101.84B $98.39B $104.96B $152.84B $170.78B $169.15B $180.68B $195.20B
Net income $45.69B $48.35B $59.53B $55.26B $57.41B $94.68B $99.80B $97.00B $93.74B $112.01B

Recent filings and events

  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Officer or director change Item 5.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Officer or director change Item 5.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 3571

TickerCompanyMarket capP/ERevenue growth
DELL Dell Technologies Inc. $296.23B 52.6x 18.8%
SMCI Super Micro Computer, Inc. $21.64B 10.1x 77.8%
OMCL OMNICELL, INC. $1.72B 943.8x 6.5%
OSS ONE STOP SYSTEMS, INC. $147.4M 26.9x 31.2%
SCKT SOCKET MOBILE, INC. $4.2M — -19.6%
ZEPP Zepp Health Corp — — 41.8%
XNDU Xanadu Quantum Technologies Ltd — — —