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Apple Inc.

AAPL
Electronic Computers
Last filing · Quarter 3 · Jun 27, 2026
Financial Statements Ratios
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Statement
Period
Annual Quarterly
Order
Format
% Change
Rows
USD ($)
$ in Millions, shares in Thousands		Jun 27, 2026Mar 28, 2026Dec 27, 2025Jun 28, 2025Mar 29, 2025Dec 28, 2024Jun 29, 2024Mar 30, 2024Dec 30, 2023Jul 1, 2023Apr 1, 2023Dec 31, 2022Jun 25, 2022Mar 26, 2022Dec 25, 2021Jun 26, 2021Mar 27, 2021Dec 26, 2020Jun 27, 2020Mar 28, 2020Dec 28, 2019Jun 29, 2019Mar 30, 2019Dec 29, 2018Jun 30, 2018Mar 31, 2018Dec 30, 2017Jul 1, 2017Apr 1, 2017Dec 31, 2016Jun 25, 2016Mar 26, 2016Dec 26, 2015Jun 27, 2015Mar 28, 2015Dec 27, 2014Jun 28, 2014Mar 29, 2014Dec 28, 2013Jun 29, 2013Mar 30, 2013Dec 29, 2012Jun 30, 2012Mar 31, 2012Dec 31, 2011Jun 25, 2011Mar 26, 2011Dec 25, 2010Jun 26, 2010Mar 27, 2010Dec 26, 2009Jun 27, 2009
Net sales
$ 109,417
$ 111,184
$ 143,756
$ 94,036
$ 95,359
$ 124,300
$ 85,777
$ 90,753
$ 119,575
$ 81,797
$ 94,836
$ 117,154
Cost of sales
54,647
56,403
74,525
50,318
50,492
66,025
46,099
48,482
64,720
45,384
52,860
66,822
Gross margin
54,770
54,781
69,231
43,718
44,867
58,275
39,678
42,271
54,855
36,413
41,976
50,332
Operating expenses:
                                                    
Research and development
11,729
11,419
10,887
8,866
8,550
8,268
8,006
7,903
7,696
7,442
7,457
7,709
Selling, general and administrative
7,346
7,477
7,492
6,650
6,728
7,175
6,320
6,468
6,786
5,973
6,201
6,607
Total operating expenses
19,075
18,896
18,379
15,516
15,278
15,443
14,326
14,371
14,482
13,415
13,658
14,316
Operating income
35,695
35,885
50,852
28,202
29,589
42,832
25,352
27,900
40,373
22,998
28,318
36,016
Other income/(expense), net
572
(52)
150
(171)
(279)
(248)
142
158
(50)
(265)
64
(393)
Income before provision for income taxes
36,267
35,833
51,002
28,031
29,310
42,584
25,494
28,058
40,323
22,733
28,382
35,623
Provision for income taxes
6,478
6,255
8,905
4,597
4,530
6,254
4,046
4,422
6,407
2,852
4,222
5,625
Net income
$ 29,789
$ 29,578
$ 42,097
$ 23,434
$ 24,780
$ 36,330
$ 21,448
$ 23,636
$ 33,916
$ 19,881
$ 24,160
$ 29,998
Earnings per share:
                                                    
Basic (in dollars per share)
$ 2.03
$ 2.02
$ 2.85
$ 1.57
$ 1.65
$ 2.41
$ 1.4
$ 1.53
$ 2.19
$ 1.27
$ 1.53
$ 1.89
Diluted (in dollars per share)
2.02
2.01
2.84
1.57
1.65
2.4
1.4
1.53
2.18
1.26
1.52
1.88
Shares used in computing earnings per share:
                                                    
Basic (in shares)
14,656,110
14,673,278
14,748,158
14,902,886
14,994,082
15,081,724
15,287,521
15,405,856
15,509,763
15,697,614
15,787,154
15,892,723
Diluted (in shares)
14,714,676
14,725,873
14,810,356
14,948,179
15,056,133
15,150,865
15,348,175
15,464,709
15,576,641
15,775,021
15,847,050
15,955,718
Cash dividends declared per share (in dollars per share)
-
-
-
-
-
-
-
-
-
-
-
-