AAPL · As filed with the SEC
Apple income statement, by fiscal year
The statement as Apple presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED STATEMENTS OF OPERATIONS · USD millions, except per-share amounts; shares in thousands
| USD millions, except per-share amounts; shares in thousands | FY2026 Year ended Sep 26, 2026 | FY2025 Year ended Sep 27, 2025 | FY2024 Year ended Sep 28, 2024 | FY2023 Year ended Sep 30, 2023 | FY2022 Year ended Sep 24, 2022 | FY2021 Year ended Sep 25, 2021 | FY2020 Year ended Sep 26, 2020 | FY2019 Year ended Sep 28, 2019 |
|---|---|---|---|---|---|---|---|---|
| Net sales | 478,834 | 416,161 | 391,035 | 383,285 | 394,328 | 365,817 | 274,515 | 260,174 |
| Products | 355,533 | 307,003 | 294,866 | 298,085 | 316,199 | 297,392 | 220,747 | 213,883 |
| Services | 123,301 | 109,158 | 96,169 | 85,200 | 78,129 | 68,425 | 53,768 | 46,291 |
| Cost of sales | 245,232 | 220,960 | 210,352 | 214,137 | 223,546 | 212,981 | 169,559 | 161,782 |
| Products | 215,874 | 194,116 | 185,233 | 189,282 | 201,471 | 192,266 | 151,286 | 144,996 |
| Services | 29,358 | 26,844 | 25,119 | 24,855 | 22,075 | 20,715 | 18,273 | 16,786 |
| Gross margin | 233,602 | 195,201 | 180,683 | 169,148 | 170,782 | 152,836 | 104,956 | 98,392 |
| Operating expenses: | ||||||||
| Research and development | 45,765 | 34,550 | 31,370 | 29,915 | 26,251 | 21,914 | 18,752 | 16,217 |
| Selling, general and administrative | 29,774 | 27,601 | 26,097 | 24,932 | 25,094 | 21,973 | 19,916 | 18,245 |
| Total operating expenses | 75,539 | 62,151 | 57,467 | 54,847 | 51,345 | 43,887 | 38,668 | 34,462 |
| Operating income | 158,063 | 133,050 | 123,216 | 114,301 | 119,437 | 108,949 | 66,288 | 63,930 |
| Other income/(expense), net | 1,174 | (321) | 269 | (565) | (334) | 258 | 803 | 1,807 |
| Income before provision for income taxes | 159,237 | 132,729 | 123,485 | 113,736 | 119,103 | 109,207 | 67,091 | 65,737 |
| Provision for income taxes | 27,062 | 20,719 | 29,749 | 16,741 | 19,300 | 14,527 | 9,680 | 10,481 |
| Net income | 132,175 | 112,010 | 93,736 | 96,995 | 99,803 | 94,680 | 57,411 | 55,256 |
| Earnings per share: | ||||||||
| Basic (in dollars per share) | 9.01 | 7.49 | 6.11 | 6.16 | 6.15 | 5.67 | 3.31 | 11.97 |
| Diluted (in dollars per share) | 8.98 | 7.46 | 6.08 | 6.13 | 6.11 | 5.61 | 3.28 | 11.89 |
| Shares used in computing earnings per share: | ||||||||
| Basic (in shares) | 14,661,935 | 14,948,500 | 15,343,783 | 15,744,231 | 16,215,963 | 16,701,272 | 17,352,119 | 4,617,834 |
| Diluted (in shares) | 14,720,306 | 15,004,697 | 15,408,095 | 15,812,547 | 16,325,819 | 16,864,919 | 17,528,214 | 4,648,913 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.