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Apple Gross Profit

Apple (AAPL) · source: SEC EDGAR

Gross Profit snapshot

Apple's gross profit was $195.20B in FY2025, compared with $180.68B in FY2024. In the most recent quarter (Q2 FY26) it was $54.78B. Gross profit is revenue minus the direct cost of producing goods or services.

Gross profit (latest FY)
$195.20B
Gross profit (latest quarter)
$54.78B
Revenue (latest FY)
$416.16B
Operating income (latest FY)
$133.05B
Apple Gross profit
Gross Profit vs. related metrics
Apple Gross Profit — by fiscal year
Fiscal year Gross profitRevenueOperating income
FY2025 $195.20B$416.16B$133.05B
FY2024 $180.68B$391.04B$123.22B
FY2023 $169.15B$383.29B$114.30B
FY2022 $170.78B$394.33B$119.44B
FY2021 $152.84B$365.82B$108.95B
FY2020 $104.96B$274.51B$66.29B
FY2019 $98.39B$260.17B$63.93B
FY2018 $101.84B$265.60B$70.90B
FY2017 $88.19B$229.23B$61.34B
FY2016 $84.26B$215.64B$60.02B
FY2015 $93.63B$233.72B$71.23B
FY2014 $70.54B$182.79B$52.50B
FY2013 $64.30B$170.91B$49.00B
FY2012 $68.66B$156.51B$55.24B
FY2011 $43.82B$108.25B$33.79B
FY2010 $25.68B$65.22B$18.39B
FY2009 $17.22B$42.91B$11.74B
FY2008 $13.20B$37.49B$8.33B
FY2007 $8.15B$24.01B$4.41B
By quarter (by fiscal quarter)
Quarter Gross profitRevenueOperating income
Q2 FY26 $54.78B$111.18B$35.88B
Q1 FY26 $69.23B$143.76B$50.85B
Q4 FY25 $48.34B$102.47B$32.43B
Q3 FY25 $43.72B$94.04B$28.20B
Q2 FY25 $44.87B$95.36B$29.59B
Q1 FY25 $58.27B$124.30B$42.83B
Q4 FY24 $43.88B$94.93B$29.59B
Q3 FY24 $39.68B$85.78B$25.35B
Q2 FY24 $42.27B$90.75B$27.90B
Q1 FY24 $54.85B$119.58B$40.37B
Q4 FY23 $40.43B$89.50B$26.97B
Q3 FY23 $36.41B$81.80B$23.00B

Figures normalized from SEC filings. See the full Apple ratios & metrics.

The Power Delivery GapReport
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The Power Delivery Gap

The interconnection queue holds more than 1,100 GW of power. The grid delivers renewables quickly and firm gas slowly, if at all. A model of what the US grid can actually deliver, and when, built on MLQ's queue and generator data.

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