NASDAQ · Financials

Apple Inc. financials & valuation

Name: AAPL quarterly income statement history
Creator: TECHi

Reported statements, fiscal periods and valuation definitions in one place.

Last confirmed price: $344.63-1.23%; Oct 30, 2026, 4:00 PM EDT · Prices may be delayed
Market cap · last reported: $5.01T; Oct 30, 2026 · Valuation and sources

Data dates

Prices as of Oct 30, 4:00 PM EDT · Fundamentals checked Oct 30, 3:37 PM EDT · Statement period ended Jun 27, 2026

Financial statements

Revenue

416.16B

FY2025 · ended Sep 27, 2025

Operating Income

133.05B

FY2025 · ended Sep 27, 2025

Net Income

112.01B

FY2025 · ended Sep 27, 2025

Amounts in USD. B = billions · M = millions. Scroll horizontally for earlier periods.

Sources, units & calculation notes

Reported statement data. Per-share figures are in USD/share; margins in %, debt/equity in ×. TTM sums four consecutive quarters; balance sheets remain period-end balances. A trailing-twelve-month EPS figure is not the sum of the quarterly EPS cells. Growth requires comparable positive values. EPS reflects the reported share count and any stock splits. A missing quarter may show calculated EPS when the necessary net income and share figures are available. EPS comparisons require consistent accounting and split adjustments. Use Tab to move between controls and arrow keys within the table.

AAPL annual income
FY2025Ended Sep 27, 2025Filed Oct 31, 2025Source filing	FY2024Ended Sep 28, 2024As reported in the Oct 31, 2025 filingSource filing	FY2023Ended Sep 30, 2023As reported in the Oct 31, 2025 filingSource filing	FY2022Ended Sep 24, 2022Filed Nov 1, 2024Source filing	1Y change	3Y annual growth
416.16B	391.04B	383.29B	394.33B	6.4%	1.8%
112.01B	93.74B	97B	99.8B	19.5%	3.9%
195.2B	180.68B	169.15B	170.78B	8.0%	4.6%
133.05B	123.22B	114.3B	119.44B	8.0%	3.7%

Earnings quality · Sep 27, 2025

Net income: 112.01B
Free cash flow: 98.77B
Stock-based compensation: 12.86B
FCF / net income: 88.2%
Accrual gap / revenue: 0.1%
Cash conversion: Moderate cash conversion

Accrual gap = (net income − operating cash flow) / revenue. TECHi descriptive thresholds: strong ≥100%, moderate 75–100%, weak <75%. CapEx timing, working capital and industry structure affect the ratio; it is not an accounting audit.

Download quarterly income CSV

Changes between reports

Q3 Jun 27, 2026 versus Q2 Mar 28, 2026

Reported periods shown above are compared directly; a missing intervening quarter is not inferred. Margin changes are in percentage points (pp).

Revenue: 109.42B↓ -1.6%; Previous: 111.18B · USD
Gross margin: 50.06%↑ +0.8 pp; Previous: 49.27%
Operating margin: 32.62%↑ +0.3 pp; Previous: 32.28%
Net margin: 27.23%↑ +0.6 pp; Previous: 26.60%
Cash: 39.54B↓ -13.2%; Previous: 45.57B · USD
Debt: 82.35B↓ -0.4%; Previous: 82.71B · USD
Inventory: 11.09B↑ +64.4%; Previous: 6.75B · USD
Capex: 2.46B↑ +24.6%; Previous: 1.97B · USD
Stock-based compensation: 3.4B↓ -3.6%; Previous: 3.53B · USD

Reported-period comparison. Guidance and risk-factor changes require reading the filings.

Read the filings

Valuation & ratios

Multiples with negative or missing earnings are not meaningful. Annual free cash flow yield uses the latest fiscal year; provider forward multiples may use a different earnings horizon.

Valuation history and definitions

5Y median / percentile: Five-year observations unavailable
Forward EPS vs trailing EPS: 1.32%
PEG: 29.64×PEG is the forward P/E divided by the expected EPS growth rate in percent.

EPS growth proxy compares the available annual estimate (FY2026 period end 2026-09-30) with trailing EPS; it is not a multi-year consensus growth rate. Historical valuation uses dated observations, using price divided by the annual EPS estimate recorded that day. P/E observations without a stated earnings period are excluded. Available P/E observations: 27 since 2026-09-26.

Why valuation ratios differ

Forward P/E can use next fiscal year, current fiscal year or next-twelve-month earnings; trailing P/E can use GAAP or adjusted earnings and different closing prices. TECHi compares figures with the same earnings basis and reporting period. Different definitions are not averaged together.

Metric	Value / formula	Reporting period and date
Trailing P/E	39.40	Oct 30, 2026, 3:37 PM EDT
Trailing EPS	8.72	Oct 30, 2026, 3:37 PM EDT
Price ÷ annual EPS estimate	39.01×	TECHi calculation · FY2026 period end 2026-09-30

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Next open: 2026-11-02 · 9:30 AM America/New_York

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