Apple Inc. (AAPL) financials
Technology · CIK 0000320193 · fiscal years FY2021–FY2025
In fiscal year 2025 (ending Sep 2025), Apple Inc. (AAPL) reported $416.16B in revenue and $112.01B in net income, a net profit margin of 26.9%. Revenue changed +6.4% versus FY2024. Operating margin was 32.0%. Over FY2021–FY2025, revenue grew at a 3.3% compound annual rate. All figures are from Apple Inc.'s SEC 10-K filings.
Source: SEC EDGAR, CIK 0000320193. Data as of 2026-06-18.
Key ratios (FY2025)
| Metric | Value | Basis |
|---|---|---|
| Net profit margin | 26.9% | Net income ÷ revenue |
| Operating margin | 32.0% | Operating income ÷ revenue |
| R&D intensity | 8.3% | R&D expense ÷ revenue |
| Revenue YoY growth | +6.4% | vs FY2024 |
| Revenue CAGR (4y) | 3.3% | FY2021 → FY2025 |
Source: SEC EDGAR. Data as of 2026-06-18.
Annual financials by fiscal year
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $365.82B | $394.33B | $383.29B | $391.04B | $416.16B |
| Net income | $94.68B | $99.80B | $97.00B | $93.74B | $112.01B |
| Operating income | $108.95B | $119.44B | $114.30B | $123.22B | $133.05B |
| R&D expense | $21.91B | $26.25B | $29.91B | $31.37B | $34.55B |
| Total assets | $351.00B | $352.75B | $352.58B | $364.98B | $359.24B |
| Total liabilities | $287.91B | $302.08B | $290.44B | $308.03B | $285.51B |
| Shareholders' equity | $63.09B | $50.67B | $62.15B | $56.95B | $73.73B |
| Cash & equivalents | $34.94B | $23.65B | $29.96B | $29.94B | $35.93B |
| Diluted EPS | 5.61 | 6.11 | 6.13 | 6.08 | 7.46 |
| Revenue YoY growth | — | +7.8% | −2.8% | +2.0% | +6.4% |
Source: SEC EDGAR — Apple Inc. 10-K filings (CIK 0000320193). Data as of 2026-06-18. Revenue concept: RevenueFromContractWithCustomerExcludingAssessedTax + Revenues.
How to read these figures
Revenue is the top line; operating income is profit from core operations before interest and tax; net income is the bottom line after every expense. The profit-margin calculator turns these into margins, and the revenue CAGR calculator annualises multi-year growth. For background, see revenue vs operating income vs net income and how to read a 10-K.
Frequently asked questions
What was Apple Inc.'s revenue in FY2025?
Apple Inc. reported $416.16B in revenue for fiscal year 2025 (period ending Sep 2025), per its SEC 10-K filing. That is +6.4% versus FY2024.
What is Apple Inc.'s net profit margin?
In FY2025, Apple Inc. earned $112.01B of net income on $416.16B of revenue — a net profit margin of 26.9%.
How fast has Apple Inc.'s revenue grown?
Between FY2021 and FY2025, Apple Inc.'s revenue grew at a compound annual rate (CAGR) of 3.3%.
Where does this Apple Inc. financial data come from?
All figures are taken from Apple Inc.'s annual 10-K filings on SEC EDGAR (CIK 0000320193), via the SEC XBRL company facts API. They are factual data, not investment advice — verify on SEC EDGAR before relying on them.
Source & verification
Figures are taken from Apple Inc.'s annual 10-K filings on SEC EDGAR (CIK 0000320193), via the EDGAR XBRL company facts API. They are factual data compiled from SEC filings — not investment advice; figures may contain errors or lag the original filing. Verify on SEC EDGAR before relying on them.
Last updated: 2026-06-18