AAPL · As filed with the SEC
Apple income statement, by quarter
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 | Q4 FY26† 3 months ended Sep 26, 2026 | Q3 FY26 3 months ended Jun 27, 2026 | Q2 FY26 3 months ended Mar 28, 2026 | Q1 FY26 3 months ended Dec 27, 2025 | Q4 FY25† 3 months ended Sep 27, 2025 | Q3 FY25 3 months ended Jun 28, 2025 |
|---|---|---|---|---|---|---|
| Net sales | 114,477† | 109,417 | 111,184 | 143,756 | 102,466† | 94,036 |
| Products | 82,904† | 78,678 | 80,208 | 113,743 | 73,716† | 66,613 |
| Services | 31,573† | 30,739 | 30,976 | 30,013 | 28,750† | 27,423 |
| Cost of sales | 59,657† | 54,647 | 56,403 | 74,525 | 54,125† | 50,318 |
| Products | 52,064† | 47,153 | 49,179 | 67,478 | 47,019† | 43,620 |
| Services | 7,593† | 7,494 | 7,224 | 7,047 | 7,106† | 6,698 |
| Gross margin | 54,820† | 54,770 | 54,781 | 69,231 | 48,341† | 43,718 |
| Operating expenses: | ||||||
| Research and development | 11,730† | 11,729 | 11,419 | 10,887 | 8,866† | 8,866 |
| Selling, general and administrative | 7,459† | 7,346 | 7,477 | 7,492 | 7,048† | 6,650 |
| Total operating expenses | 19,189† | 19,075 | 18,896 | 18,379 | 15,914† | 15,516 |
| Operating income | 35,631† | 35,695 | 35,885 | 50,852 | 32,427† | 28,202 |
| Other income/(expense), net | 504† | 572 | (52) | 150 | 377† | (171) |
| Income before provision for income taxes | 36,135† | 36,267 | 35,833 | 51,002 | 32,804† | 28,031 |
| Provision for income taxes | 5,424† | 6,478 | 6,255 | 8,905 | 5,338† | 4,597 |
| Net income | 30,711† | 29,789 | 29,578 | 42,097 | 27,466† | 23,434 |
| Earnings per share: | ||||||
| Basic (in dollars per share) | — | 2.03 | 2.02 | 2.85 | — | 1.57 |
| Diluted (in dollars per share) | — | 2.02 | 2.01 | 2.84 | — | 1.57 |
| Shares used in computing earnings per share: | ||||||
| Basic (in shares) | — | 14,656,110 | 14,673,278 | 14,748,158 | — | 14,902,886 |
| Diluted (in shares) | — | 14,714,676 | 14,725,873 | 14,810,356 | — | 14,948,179 |
† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.