AAPL
Income statement / Annual
Last year (2024), Apple Inc.'s total revenue was $391.04 B,
an increase of 2.02% from the previous year.
In 2024, Apple Inc.'s net income was $93.74 B.
See Apple Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
09/28/2024 |
09/30/2023 |
09/24/2022 |
09/25/2021 |
09/26/2020 |
09/28/2019 |
09/29/2018 |
09/30/2017 |
09/24/2016 |
09/26/2015 |
| Operating Revenue |
$391.04 B
|
$383.29 B
|
$394.33 B
|
$365.82 B
|
$274.52 B
|
$260.17 B
|
$265.60 B
|
$229.23 B
|
$215.64 B
|
$233.72 B
|
| Cost of Revenue |
$210.35 B |
$214.14 B |
$223.55 B |
$212.98 B |
$169.56 B |
$161.78 B |
$163.76 B |
$141.05 B |
$131.38 B |
$140.09 B |
| Gross Profit |
$180.68 B |
$169.15 B |
$170.78 B |
$152.84 B |
$104.96 B |
$98.39 B |
$101.84 B |
$88.19 B |
$84.26 B |
$93.63 B |
| Gross Profit Ratio |
0.46 |
0.44 |
0.43 |
0.42 |
0.38 |
0.38 |
0.38 |
0.38 |
0.39 |
0.4 |
| Research and Development
Expenses |
$31.37 B
|
$29.92 B
|
$26.25 B
|
$21.91 B
|
$18.75 B
|
$16.22 B
|
$14.24 B
|
$11.58 B
|
$10.05 B
|
$8.07 B
|
| General & Administrative
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$26.10 B
|
$24.93 B
|
$25.09 B
|
$21.97 B
|
$19.92 B
|
$18.25 B
|
$16.71 B
|
$15.26 B
|
$14.19 B
|
$14.33 B
|
| Other Expenses |
$0.00 |
$382.00 M |
$228.00 M |
-$60.00 M |
$87.00 M |
-$422.00 M |
$441.00 M |
$133.00 M |
$1.20 B |
$903.00 M |
| Operating Expenses |
$57.47 B |
$54.85 B |
$51.57 B |
$43.83 B |
$38.76 B |
$34.04 B |
$31.38 B |
$26.98 B |
$25.43 B |
$23.30 B |
| Cost And Expenses |
$267.82 B |
$268.98 B |
$275.12 B |
$256.81 B |
$208.31 B |
$195.82 B |
$195.14 B |
$168.02 B |
$156.81 B |
$163.39 B |
| Interest Income |
$0.00 |
$3.75 B |
$2.83 B |
$2.84 B |
$3.76 B |
$4.96 B |
$5.69 B |
$5.20 B |
$4.00 B |
$2.92 B |
| Interest Expense |
$0.00 |
$3.93 B |
$2.93 B |
$2.65 B |
$2.87 B |
$3.58 B |
$3.24 B |
$2.32 B |
$1.46 B |
$733.00 M |
| Depreciation &
Amortization |
$11.45 B
|
$11.52 B
|
$11.10 B
|
$11.28 B
|
$11.06 B
|
$11.30 B
|
$9.30 B
|
$9.40 B
|
$9.80 B
|
$11.26 B
|
| EBITDA |
$134.66 B
|
$125.82 B
|
$130.54 B
|
$120.23 B
|
$77.34 B
|
$76.48 B
|
$81.80 B
|
$75.81 B
|
$72.63 B
|
$82.49 B
|
| EBITDA Ratio |
0.34 |
0.33 |
0.33 |
0.33 |
0.28 |
0.29 |
0.31 |
0.31 |
0.33 |
0.35 |
| Operating Income Ratio
|
0.32
|
0.3
|
0.3
|
0.3
|
0.24
|
0.25
|
0.27
|
0.27
|
0.29
|
0.3
|
| Total Other
Income/Expenses Net |
$269.00 M
|
-$565.00 M
|
-$334.00 M
|
$258.00 M
|
$803.00 M
|
$1.81 B
|
$2.01 B
|
$2.75 B
|
$1.35 B
|
$1.29 B
|
| Income Before Tax |
$123.49 B |
$113.74 B |
$119.10 B |
$109.21 B |
$67.09 B |
$65.74 B |
$72.90 B |
$64.09 B |
$61.37 B |
$72.52 B |
| Income Before Tax Ratio
|
0.32
|
0.3
|
0.3
|
0.3
|
0.24
|
0.25
|
0.27
|
0.28
|
0.28
|
0.31
|
| Income Tax Expense |
$29.75 B |
$16.74 B |
$19.30 B |
$14.53 B |
$9.68 B |
$10.48 B |
$13.37 B |
$15.74 B |
$15.69 B |
$19.12 B |
| Net Income |
$93.74 B |
$97.00 B |
$99.80 B |
$94.68 B |
$57.41 B |
$55.26 B |
$59.53 B |
$48.35 B |
$45.69 B |
$53.39 B |
| Net Income Ratio |
0.24 |
0.25 |
0.25 |
0.26 |
0.21 |
0.21 |
0.22 |
0.21 |
0.21 |
0.23 |
| EPS |
6.11 |
6.16 |
6.15 |
5.67 |
3.31 |
2.99 |
3 |
2.32 |
2.09 |
2.32 |
| EPS Diluted |
6.08 |
6.13 |
6.11 |
5.61 |
3.28 |
2.97 |
2.98 |
2.3 |
2.08 |
2.3 |
| Weighted Average Shares
Out |
$15.34 B
|
$15.74 B
|
$16.22 B
|
$16.70 B
|
$17.35 B
|
$18.47 B
|
$19.82 B
|
$20.87 B
|
$21.88 B
|
$23.01 B
|
| Weighted Average Shares
Out Diluted |
$15.41 B
|
$15.81 B
|
$16.33 B
|
$16.86 B
|
$17.53 B
|
$18.60 B
|
$20.00 B
|
$21.01 B
|
$22.00 B
|
$23.17 B
|
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