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Apple Operating Income

Apple (AAPL) · source: SEC EDGAR

Operating Income snapshot

Apple's operating income was $133.05B in FY2025, compared with $123.22B in FY2024. In the most recent quarter (Q2 FY26) it was $35.88B. Operating income is profit from core operations after cost of revenue and operating expenses, before interest and taxes.

Operating income (latest FY)
$133.05B
Operating income (latest quarter)
$35.88B
Gross profit (latest FY)
$195.20B
Net income (latest FY)
$112.01B
Apple Operating income
Operating Income vs. related metrics
Apple Operating Income — by fiscal year
Fiscal year Operating incomeGross profitNet income
FY2025 $133.05B$195.20B$112.01B
FY2024 $123.22B$180.68B$93.74B
FY2023 $114.30B$169.15B$97.00B
FY2022 $119.44B$170.78B$99.80B
FY2021 $108.95B$152.84B$94.68B
FY2020 $66.29B$104.96B$57.41B
FY2019 $63.93B$98.39B$55.26B
FY2018 $70.90B$101.84B$59.53B
FY2017 $61.34B$88.19B$48.35B
FY2016 $60.02B$84.26B$45.69B
FY2015 $71.23B$93.63B$53.39B
FY2014 $52.50B$70.54B$39.51B
FY2013 $49.00B$64.30B$37.04B
FY2012 $55.24B$68.66B$41.73B
FY2011 $33.79B$43.82B$25.92B
FY2010 $18.39B$25.68B$14.01B
FY2009 $11.74B$17.22B$8.23B
FY2008 $8.33B$13.20B$6.12B
FY2007 $4.41B$8.15B$3.50B
By quarter (by fiscal quarter)
Quarter Operating incomeGross profitNet income
Q2 FY26 $35.88B$54.78B$29.58B
Q1 FY26 $50.85B$69.23B$42.10B
Q4 FY25 $32.43B$48.34B$27.47B
Q3 FY25 $28.20B$43.72B$23.43B
Q2 FY25 $29.59B$44.87B$24.78B
Q1 FY25 $42.83B$58.27B$36.33B
Q4 FY24 $29.59B$43.88B$14.74B
Q3 FY24 $25.35B$39.68B$21.45B
Q2 FY24 $27.90B$42.27B$23.64B
Q1 FY24 $40.37B$54.85B$33.92B
Q4 FY23 $26.97B$40.43B$22.96B
Q3 FY23 $23.00B$36.41B$19.88B

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

The Power Delivery GapReport
Research

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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