Apple Inc. income statement

In fiscal 2026, Apple Inc. reported revenue of $478.83bn, up 15.1% on the year before, operating income of $158.06bn (a 33.0% margin) and net income of $132.18bn, or $8.98 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Apple Inc.: income statement, annual
Fiscal year	2010Sept 2010	2011Sept 2011	2012Sept 2012	2013Sept 2013	2014Sept 2014	2015Sept 2015	2016Sept 2016	2017Sept 2017	2018Sept 2018	2019Sept 2019	2020Sept 2020	2021Sept 2021	2022Sept 2022	2023Sept 2023	2024Sept 2024	2025Sept 2025	2026Sept 2026
Revenue	65.2	108.2	156.5	170.9	182.8	233.7	215.6	229.2	265.6	260.2	274.5	365.8	394.3	383.3	391.0	416.2	478.8
Cost of revenue	39.5	64.4	87.8	106.6	112.3	140.1	131.4	141.0	163.8	161.8	169.6	213.0	223.5	214.1	210.4	221.0	245.2
Gross profit	25.7	43.8	68.7	64.3	70.5	93.6	84.3	88.2	101.8	98.4	105.0	152.8	170.8	169.1	180.7	195.2	233.6
Research and development	1.8	2.4	3.4	4.5	6.0	8.1	10.0	11.6	14.2	16.2	18.8	21.9	26.3	29.9	31.4	34.6	45.8
Selling, general and administrative	5.5	7.6	10.0	10.8	12.0	14.3	14.2	15.3	16.7	18.2	19.9	22.0	25.1	24.9	26.1	27.6	29.8
Operating income	18.4	33.8	55.2	49.0	52.5	71.2	60.0	61.3	70.9	63.9	66.3	108.9	119.4	114.3	123.2	133.1	158.1
Interest expense	—	0.0	0.0	0.1	0.4	0.7	1.5	2.3	3.2	3.6	2.9	2.6	2.9	3.9	—	—	—
Income before tax	18.5	34.2	55.8	50.2	53.5	72.5	61.4	64.1	72.9	65.7	67.1	109.2	119.1	113.7	123.5	132.7	159.2
Income tax	4.5	8.3	14.0	13.1	14.0	19.1	15.7	15.7	13.4	10.5	9.7	14.5	19.3	16.7	29.7	20.7	27.1
Net income	14.0	25.9	41.7	37.0	39.5	53.4	45.7	48.4	59.5	55.3	57.4	94.7	99.8	97.0	93.7	112.0	132.2
Diluted EPS	$0.54	$0.99	$1.58	$1.42	$1.61	$2.31	$2.08	$2.30	$2.98	$2.97	$3.28	$5.61	$6.11	$6.13	$6.08	$7.46	$8.98
Diluted shares (average)	25,892m	26,226m	26,470m	26,087m	24,491m	23,172m	22,001m	21,007m	20,000m	18,596m	17,528m	16,865m	16,326m	15,813m	15,408m	15,005m	14,720m
EBITDA	19.4	35.6	58.5	55.8	60.4	80.4	70.5	71.5	81.8	76.5	77.3	120.2	130.5	125.8	134.7	144.7	171.5

US$ billions unless shown otherwise. Fiscal quarters.

Apple Inc.: income statement, quarterly
Quarter	2025 Q1Dec 2024	2025 Q2Mar 2025	2025 Q3Jun 2025	2025 Q4Sept 2025	2026 Q1Dec 2025	2026 Q2Mar 2026	2026 Q3Jun 2026	2026 Q4Sept 2026
Revenue	124.3	95.4	94.0	102.5	143.8	111.2	109.4	114.5
Cost of revenue	66.0	50.5	50.3	54.1	74.5	56.4	54.6	59.7
Gross profit	58.3	44.9	43.7	48.3	69.2	54.8	54.8	54.8
Research and development	8.3	8.6	8.9	8.9	10.9	11.4	11.7	11.7
Selling, general and administrative	7.2	6.7	6.7	7.0	7.5	7.5	7.3	7.5
Operating income	42.8	29.6	28.2	32.4	50.9	35.9	35.7	35.6
Income before tax	42.6	29.3	28.0	32.8	51.0	35.8	36.3	36.1
Income tax	6.3	4.5	4.6	5.3	8.9	6.3	6.5	5.4
Net income	36.3	24.8	23.4	27.5	42.1	29.6	29.8	30.7
Diluted EPS	$2.40	$1.65	$1.57	$1.84	$2.84	$2.01	$2.02	$2.10
EBITDA	45.9	32.3	31.0	35.6	54.1	39.3	39.0	39.1

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Apple Inc.'s SEC filings (10-K and 10-Q), retrieved November 3, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Apple Inc.