AAPLNasdaqSEC EDGAREDGAR

Apple Inc.

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

Financials

5-year history · USD
MetricFY 2026FY 2025FY 2024FY 2023FY 2022Trend
Revenue$478.8B$416.2B$391.0B$383.3B$394.3B
Gross Profit$233.6B$195.2B$180.7B$169.1B$170.8B
Operating Income$158.1B$133.1B$123.2B$114.3B$119.4B
Net Income$132.2B$112.0B$93.7B$97.0B$99.8B
Operating CF$145.1B$111.5B$118.3B$110.5B$122.2B
Capex$9.0B$12.7B$9.4B$11.0B$10.7B
Free Cash Flow$136.1B$98.8B$108.8B$99.6B$111.4B
Buybacks$86.4B$90.7B$94.9B$77.5B$89.4B
Dividends——————
Gross Margin48.8%46.9%46.2%44.1%43.3%
Operating Margin33.0%32.0%31.5%29.8%30.3%
Net Margin27.6%26.9%24.0%25.3%25.3%
FCF Margin28.4%23.7%27.8%26.0%28.3%
R&D / Revenue9.6%8.3%8.0%7.8%6.7%
Effective Tax17.0%15.6%24.1%14.7%16.2%
Debt / Equity1.312.293.203.221.95
Buybacks / FCF63.5%91.8%87.3%77.9%80.2%

Peer comparison

Electronic Computers · 2 peers
CEO Pay Ratio
AAPL
533:1
DELL
42:1
SMCI
16:1
CEO total comp
AAPL
$74M
DELL
$3M
SMCI
—
Net Margin
AAPL
27.6%
DELL
5.2%
SMCI
4.8%