Apple Inc.

Electronic Computers·CUPERTINO, CA·FY end 09/26·CIK 320193

CEO Pay Ratio

533:1

Tim Cook

CEO Total Comp

$74.3M

Tim Cook

Median Employee

$139,483

Revenue

$416.2B

FY 2025

Net Income

$112.0B

FY 2025

Free Cash Flow

$98.8B

FY 2025

Net Margin

26.9%

Insider Net (180d)

-$145.0M

0 buys / 29 sales

CEO Pay Accountability

CEO comp as % of net income

0.07%

For every $1,000 of profit, $0.66 flows to the CEO.

CEO comp as % of buybacks

0.08%

CEO comp equals 0.8‰ of cash returned to shareholders via buybacks.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$416.2B	$391.0B	$383.3B	$394.3B	$365.8B
Gross Profit	$195.2B	$180.7B	$169.1B	$170.8B	$152.8B
Operating Income	$133.1B	$123.2B	$114.3B	$119.4B	$108.9B
Net Income	$112.0B	$93.7B	$97.0B	$99.8B	$94.7B
Operating CF	$111.5B	$118.3B	$110.5B	$122.2B	$104.0B
Capex	$12.7B	$9.4B	$11.0B	$10.7B	$11.1B
Free Cash Flow	$98.8B	$108.8B	$99.6B	$111.4B	$93.0B
Buybacks	$90.7B	$94.9B	$77.5B	$89.4B	$86.0B
Dividends	—	—	—	—	—	—

Gross Margin	46.9%	46.2%	44.1%	43.3%	41.8%
Operating Margin	32.0%	31.5%	29.8%	30.3%	29.8%
Net Margin	26.9%	24.0%	25.3%	25.3%	25.9%
FCF Margin	23.7%	27.8%	26.0%	28.3%	25.4%
R&D / Revenue	8.3%	8.0%	7.8%	6.7%	6.0%
Effective Tax	15.6%	24.1%	14.7%	16.2%	13.3%
Debt / Equity	2.29	3.20	3.22	1.95	1.73
Buybacks / FCF	91.8%	87.3%	77.9%	80.2%	92.5%

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Tim CookChief Executive Officer	$3.0M	$57.5M	—	$12.0M	$1.8M	$74.3M
Deirdre O’BrienSenior Vice President, Retail + People	$1.0M	$22.0M	—	$4.0M	$37.9K	$27.0M
Kate AdamsSenior Vice President, General Counsel and Secretary	$1.0M	$22.0M	—	$4.0M	$22.5K	$27.0M
Sabih KhanSenior Vice President, Chief Operating Officer	$1.0M	$22.0M	—	$4.0M	$21.9K	$27.0M
Kevan ParekhSenior Vice President, Chief Financial Officer	$891.5K	$18.4M	—	$3.1M	$22.3K	$22.5M
Luca MaestriFormer Senior Vice President, Chief Financial Officer	$819.2K	$13.0M	—	$1.6M	$22.2K	$15.5M