Apple Inc.AAPLEarnings & Financial Report
Apple Inc. is an American multinational technology company headquartered in Cupertino, California, in Silicon Valley, best known for its consumer electronics, software and online services. Founded in 1976 as Apple Computer Company by Steve Jobs, Steve Wozniak and Ronald Wayne, the company was incorporated by Jobs and Wozniak as Apple Computer, Inc. the following year. It was renamed to its current name in 2007 as the company had expanded its focus from computers to consumer electronics. Apple...
Revenue
$124.3B
Gross Profit
$58.3B
Operating Profit
$42.8B
Net Profit
$36.3B
Gross Margin
46.9%
Operating Margin
34.5%
Net Margin
29.2%
YoY Growth
4.0%
EPS
$2.40
Apple Inc. Q1 FY2025 Financial Summary
Apple Inc. reported revenue of $124.3B (up 4.0% YoY) for Q1 FY2025, with a net profit of $36.3B (up 7.1% YoY) (29.2% margin). Cost of goods sold was $66.0B, operating expenses totaled $15.4B.
Key Financial Metrics
| Total Revenue | $124.3B |
|---|---|
| Net Profit | $36.3B |
| Gross Margin | 46.9% |
| Operating Margin | 34.5% |
| Report Period | Q1 FY2025 |
Revenue Breakdown
Apple Inc. Q1 FY2025 revenue of $124.3B breaks down across 6 segments, led by iPhone at $46.8B (37.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| iPhone | $46.8B | 37.7% |
| Other | $28.9B | 23.3% |
| Services | $26.6B | 21.4% |
| Mac | $7.9B | 6.4% |
| Wearables | $7.5B | 6.1% |
| iPad | $6.4B | 5.2% |
Apple Inc. Revenue by Segment — Quarterly Trend
Apple Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as iPhone and Other) has evolved quarter over quarter.
| Segment | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 |
|---|---|---|---|---|
| iPhone | $57.0B | $85.3B | $85.3B | $49.0B |
| Services | $31.0B | $30.0B | — | $28.8B |
| Mac | $8.4B | $8.4B | $8.4B | — |
| Wearables | — | $11.5B | — | $9.0B |
Apple Inc. Annual Revenue by Year
Apple Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $416.2B).
| Year | Annual Revenue |
|---|---|
| 2025 | $416.2B |
| 2024 | $391.0B |
| 2022 | $394.3B |
Apple Inc. Quarterly Revenue & Net Profit History
Apple Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2026 | $111.2B | +16.6% | $29.6B | 26.6% |
| Q1 FY2026 | $143.8B | +15.7% | $42.1B | 29.3% |
| Q4 FY2025 | $102.5B | +7.9% | $27.5B | 26.8% |
| Q3 FY2025 | $94.0B | +9.6% | $23.4B | 24.9% |
| Q2 FY2025 | $95.4B | +5.1% | $24.8B | 26.0% |
| Q1 FY2025 | $124.3B | +4.0% | $36.3B | 29.2% |
| Q4 FY2024 | $94.9B | +16.1% | $14.7B | 15.5% |
| Q3 FY2024 | $85.8B | -9.6% | $21.4B | 25.0% |
Income Statement
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $85.78B | $94.93B | $124.30B | $95.36B | $94.04B | $102.47B | $143.76B | $111.18B |
| YoY Growth | -9.6% | 16.1% | 4.0% | 5.1% | 9.6% | 7.9% | 15.7% | 16.6% |
Balance Sheet
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $331.61B | $364.98B | $344.08B | $331.23B | $331.50B | $359.24B | $379.30B | $371.08B |
| Liabilities | $264.90B | $308.03B | $277.33B | $264.44B | $265.67B | $285.51B | $291.11B | $264.59B |
| Equity | $66.71B | $56.95B | $66.76B | $66.80B | $65.83B | $73.73B | $88.19B | $106.49B |
Cash Flow
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $28.86B | $26.81B | $29.93B | $23.95B | $27.87B | $29.73B | $53.92B |