Apple (AAPL) Financial Statements

Price: $227.25
Market Cap: $3.41T
Avg Volume: 50.37M
Country: US
Industry: Consumer Electronics
Sector: Technology
Beta: 1.24
52W Range: $164.08-260.1
Website: Apple

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Apple.


Income Statement

Breakdown September 28, 2024 September 30, 2023 September 24, 2022 September 25, 2021 September 26, 2020 September 28, 2019 September 29, 2018 September 30, 2017 September 24, 2016 September 26, 2015
Revenue $391.04B $383.29B $394.33B $365.82B $274.51B $260.17B $265.60B $229.23B $215.64B $233.72B
Cost of Revenue $210.35B $214.14B $223.55B $212.98B $169.56B $161.78B $163.76B $141.05B $131.38B $140.09B
Gross Profit $180.68B $169.15B $170.78B $152.84B $104.96B $98.39B $101.84B $88.19B $84.26B $93.63B
Gross Profit Ratio 46.21% 44.13% 43.31% 41.78% 38.23% 37.82% 38.34% 38.47% 39.08% 40.06%
Research and Development Expenses $31.37B $29.91B $26.25B $21.91B $18.75B $16.22B $14.24B $11.58B $10.04B $8.07B
General and Administrative Expenses $- $- $- $- $- $- $- $- $- $-
Selling and Marketing Expenses $- $- $- $- $- $- $- $- $- $-
Selling General and Administrative Expenses $26.10B $24.93B $25.09B $21.97B $19.92B $18.25B $16.70B $15.26B $14.19B $14.33B
Other Expenses $- $382.00M $228.00M $-60.00M $87.00M $-422.00M $441.00M $133.00M $1.20B $903.00M
Operating Expenses $57.47B $54.85B $51.57B $43.83B $38.76B $34.04B $31.38B $26.98B $25.43B $23.30B
Cost and Expenses $267.82B $268.98B $275.12B $256.81B $208.31B $195.82B $195.14B $168.02B $156.81B $163.39B
Interest Income $- $3.75B $2.83B $2.84B $3.76B $4.96B $5.69B $5.20B $4.00B $2.92B
Interest Expense $- $3.93B $2.93B $2.65B $2.87B $3.58B $3.24B $2.32B $1.46B $733.00M
Depreciation and Amortization $11.45B $11.52B $11.10B $11.28B $11.06B $11.30B $9.30B $9.40B $9.80B $11.26B
EBITDA $134.66B $125.82B $130.54B $120.23B $77.34B $76.48B $81.80B $75.81B $72.63B $82.49B
EBITDA Ratio 34.44% 32.83% 33.10% 32.87% 28.17% 29.39% 30.80% 31.19% 32.71% 35.29%
Operating Income $123.22B $114.30B $119.44B $108.95B $66.29B $63.93B $70.90B $61.34B $62.57B $71.23B
Operating Income Ratio 31.51% 29.82% 30.29% 29.78% 24.15% 24.57% 26.69% 26.76% 29.01% 30.48%
Total Other Income Expenses Net $269.00M $-565.00M $-334.00M $258.00M $803.00M $1.81B $2.00B $2.75B $1.35B $1.28B
Income Before Tax $123.48B $113.74B $119.10B $109.21B $67.09B $65.74B $72.90B $64.09B $61.37B $72.52B
Income Before Tax Ratio 31.58% 29.67% 30.20% 29.85% 24.44% 25.27% 27.45% 27.96% 28.46% 31.03%
Income Tax Expense $29.75B $16.74B $19.30B $14.53B $9.68B $10.48B $13.37B $15.74B $15.69B $19.12B
Net Income $93.74B $97.00B $99.80B $94.68B $57.41B $55.26B $59.53B $48.35B $45.69B $53.39B
Net Income Ratio 23.97% 25.31% 25.31% 25.88% 20.91% 21.24% 22.41% 21.09% 21.19% 22.85%
EPS $6.11 $6.16 $6.15 $5.67 $3.31 $2.99 $3.00 $2.32 $2.09 $2.32
EPS Diluted $6.08 $6.13 $6.11 $5.61 $3.28 $2.97 $2.98 $2.30 $2.08 $2.30
Weighted Average Shares Outstanding 15.34B 15.74B 16.22B 16.70B 17.35B 18.47B 19.82B 20.87B 21.88B 23.01B
Weighted Average Shares Outstanding Diluted 15.41B 15.81B 16.33B 16.86B 17.53B 18.60B 20.00B 21.01B 22.00B 23.17B
SEC Filing Source Source Source Source Source Source Source Source Source Source

Balance Sheet

Breakdown September 28, 2024 September 30, 2023 September 24, 2022 September 25, 2021 September 26, 2020 September 28, 2019 September 29, 2018 September 30, 2017 September 24, 2016 September 26, 2015
Cash and Cash Equivalents $29.94B $29.96B $23.65B $34.94B $38.02B $48.84B $25.91B $20.29B $20.48B $21.12B
Short Term Investments $35.23B $31.59B $24.66B $27.70B $52.93B $51.71B $40.39B $53.89B $46.67B $20.48B
Cash and Short Term Investments $65.17B $61.55B $48.30B $62.64B $90.94B $100.56B $66.30B $74.18B $67.16B $41.60B
Net Receivables $66.24B $60.98B $60.93B $51.51B $37.45B $45.80B $48.99B $35.67B $29.30B $30.34B
Inventory $7.29B $6.33B $4.95B $6.58B $4.06B $4.11B $3.96B $4.86B $2.13B $2.35B
Other Current Assets $14.29B $14.70B $21.22B $14.11B $11.26B $12.35B $12.09B $13.94B $8.28B $15.09B
Total Current Assets $152.99B $143.57B $135.41B $134.84B $143.71B $162.82B $131.34B $128.65B $106.87B $89.38B
Property Plant Equipment Net $45.68B $54.38B $52.53B $49.53B $45.34B $37.38B $41.30B $33.78B $27.01B $22.47B
Goodwill $- $- $- $- $- $- $- $5.72B $5.41B $5.12B
Intangible Assets $- $- $- $- $- $- $- $2.30B $3.21B $3.89B
Goodwill and Intangible Assets $- $- $- $- $- $- $- $8.02B $8.62B $9.01B
Long Term Investments $91.48B $100.54B $120.81B $127.88B $100.89B $105.34B $170.80B $194.71B $170.43B $164.06B
Tax Assets $19.50B $17.85B $15.38B $- $- $- $- $-8.02B $- $-
Other Non-Current Assets $55.34B $36.24B $28.64B $38.76B $33.95B $32.98B $22.28B $18.18B $8.76B $5.42B
Total Non-Current Assets $211.99B $209.02B $217.35B $216.17B $180.18B $175.70B $234.39B $246.67B $214.82B $200.97B
Other Assets $- $- $- $- $- $- $- $- $- $-
Total Assets $364.98B $352.58B $352.75B $351.00B $323.89B $338.52B $365.73B $375.32B $321.69B $290.35B
Account Payables $68.96B $62.61B $64.11B $54.76B $42.30B $46.24B $55.89B $44.24B $37.29B $35.49B
Short Term Debt $22.51B $17.38B $22.77B $17.14B $15.23B $16.24B $20.75B $18.47B $11.61B $11.00B
Tax Payables $26.60B $8.82B $6.55B $- $- $- $- $- $- $-
Deferred Revenue $8.25B $8.06B $7.91B $7.61B $6.64B $5.52B $5.97B $7.55B $8.08B $8.94B
Other Current Liabilities $50.07B $48.44B $52.63B $45.97B $41.22B $37.72B $39.29B $30.55B $22.03B $25.18B
Total Current Liabilities $176.39B $145.31B $153.98B $125.48B $105.39B $105.72B $115.93B $100.81B $79.01B $80.61B
Long Term Debt $96.55B $106.55B $109.71B $119.38B $107.05B $91.81B $93.73B $97.21B $75.43B $53.33B
Deferred Revenue Non-Current $- $- $- $- $- $- $2.80B $2.84B $2.93B $3.62B
Deferred Tax Liabilities Non-Current $- $- $- $- $- $- $426.00M $31.50B $26.02B $24.06B
Other Non-Current Liabilities $35.09B $38.58B $38.39B $43.05B $46.11B $50.50B $45.69B $40.41B $36.07B $33.43B
Total Non-Current Liabilities $131.64B $145.13B $148.10B $162.43B $153.16B $142.31B $142.65B $140.46B $114.43B $90.38B
Other Liabilities $- $- $- $- $- $- $- $- $- $-
Total Liabilities $308.03B $290.44B $302.08B $287.91B $258.55B $248.03B $258.58B $241.27B $193.44B $170.99B
Preferred Stock $- $- $- $- $- $- $- $- $- $-
Common Stock $83.28B $73.81B $64.85B $57.37B $50.78B $45.17B $40.20B $35.87B $31.25B $27.42B
Retained Earnings $-19.15B $-214.00M $-3.07B $5.56B $14.97B $45.90B $70.40B $98.33B $96.36B $92.28B
Accumulated Other Comprehensive Income Loss $-7.17B $-11.45B $-11.11B $163.00M $-406.00M $-584.00M $-3.45B $-150.00M $634.00M $-345.00M
Other Total Stockholders Equity $- $- $- $- $- $- $- $- $- $-
Total Stockholders Equity $56.95B $62.15B $50.67B $63.09B $65.34B $90.49B $107.15B $134.05B $128.25B $119.36B
Total Equity $56.95B $62.15B $50.67B $63.09B $65.34B $90.49B $107.15B $134.05B $128.25B $119.36B
Total Liabilities and Stockholders Equity $364.98B $352.58B $352.75B $351.00B $323.89B $338.52B $365.73B $375.32B $321.69B $290.35B
Minority Interest $- $- $- $- $- $- $- $- $- $-
Total Liabilities and Total Equity $364.98B $352.58B $352.75B $351.00B $323.89B $338.52B $365.73B $375.32B $321.69B $290.35B
Total Investments $126.71B $132.13B $145.46B $155.58B $153.81B $157.05B $211.19B $248.61B $217.10B $184.55B
Total Debt $106.63B $111.09B $132.48B $136.52B $122.28B $108.05B $114.48B $115.68B $87.03B $64.33B
Net Debt $76.69B $81.12B $108.83B $101.58B $84.26B $59.20B $88.57B $95.39B $66.55B $43.21B

Cash Flow Statement

Breakdown September 28, 2024 September 30, 2023 September 24, 2022 September 25, 2021 September 26, 2020 September 28, 2019 September 29, 2018 September 30, 2017 September 24, 2016 September 26, 2015
Net Income $93.74B $97.00B $99.80B $94.68B $57.41B $55.26B $59.53B $48.35B $45.69B $53.39B
Depreciation and Amortization $11.45B $11.52B $11.10B $11.28B $11.06B $12.55B $10.90B $10.16B $10.51B $11.26B
Deferred Income Tax $- $- $895.00M $-4.77B $-215.00M $-340.00M $-32.59B $5.97B $4.94B $1.38B
Stock Based Compensation $11.69B $10.83B $9.04B $7.91B $6.83B $6.07B $5.34B $4.84B $4.21B $3.59B
Change in Working Capital $3.65B $-6.58B $1.20B $-4.91B $5.69B $-3.49B $34.69B $-4.92B $405.00M $11.26B
Accounts Receivables $-5.14B $-1.69B $-1.82B $-10.12B $6.92B $245.00M $-5.32B $-2.09B $527.00M $417.00M
Inventory $-1.05B $-1.62B $1.48B $-2.64B $-127.00M $-289.00M $828.00M $-2.72B $217.00M $-238.00M
Accounts Payables $6.02B $-1.89B $9.45B $12.33B $-4.06B $-1.92B $9.18B $8.97B $2.12B $5.00B
Other Working Capital $3.82B $-2.65B $478.00M $1.68B $2.08B $-625.00M $-3.00M $-593.00M $-1.55B $1.04B
Other Non Cash Items $-2.27B $-2.23B $111.00M $-147.00M $-97.00M $-652.00M $-444.00M $-166.00M $486.00M $385.00M
Net Cash Provided by Operating Activities $118.25B $110.54B $122.15B $104.04B $80.67B $69.39B $77.43B $64.22B $66.23B $81.27B
Investments in Property Plant and Equipment $-9.45B $-10.96B $-10.71B $-11.09B $-7.31B $-10.49B $-13.31B $-12.79B $-13.55B $-11.49B
Acquisitions Net $- $- $-306.00M $-33.00M $-1.52B $-624.00M $-721.00M $-329.00M $-297.00M $-343.00M
Purchases of Investments $-48.66B $-29.51B $-76.92B $-109.56B $-114.94B $-40.63B $-73.23B $-160.01B $-143.82B $-166.40B
Sales Maturities of Investments $62.35B $45.51B $67.36B $106.48B $120.39B $98.72B $104.07B $126.47B $111.79B $121.98B
Other Investing Activities $-1.31B $-1.34B $-2.09B $-385.00M $-909.00M $-1.08B $-745.00M $-124.00M $-924.00M $-26.00M
Net Cash Used for Investing Activities $2.94B $3.71B $-22.35B $-14.54B $-4.29B $45.90B $16.07B $-46.45B $-45.98B $-56.27B
Debt Repayment $-6.00B $-9.90B $-4.08B $11.64B $2.50B $-7.82B $432.00M $25.16B $22.06B $29.30B
Common Stock Issued $- $- $- $1.10B $880.00M $781.00M $669.00M $555.00M $495.00M $543.00M
Common Stock Repurchased $-94.95B $-77.55B $-89.40B $-85.97B $-72.36B $-66.90B $-72.74B $-32.90B $-29.72B $-35.25B
Dividends Paid $-15.23B $-15.03B $-14.84B $-14.47B $-14.08B $-14.12B $-13.71B $-12.77B $-12.15B $-11.56B
Other Financing Activities $-5.80B $-6.01B $-2.43B $-4.56B $-2.88B $-2.92B $-2.53B $1.98B $-1.57B $-750.00M
Net Cash Used Provided by Financing Activities $-121.98B $-108.49B $-110.75B $-93.35B $-86.82B $-90.98B $-87.88B $-17.97B $-20.89B $-17.72B
Effect of Forex Changes on Cash $- $- $- $- $- $- $- $- $- $-
Net Change in Cash $-794.00M $5.76B $-10.95B $-3.86B $-10.44B $24.31B $5.62B $-195.00M $-636.00M $7.28B
Cash at End of Period $29.94B $30.74B $24.98B $35.93B $39.79B $50.22B $25.91B $20.29B $20.48B $21.12B
Cash at Beginning of Period $30.74B $24.98B $35.93B $39.79B $50.22B $25.91B $20.29B $20.48B $21.12B $13.84B
Operating Cash Flow $118.25B $110.54B $122.15B $104.04B $80.67B $69.39B $77.43B $64.22B $66.23B $81.27B
Capital Expenditure $-9.45B $-10.96B $-10.71B $-11.09B $-7.31B $-10.49B $-13.31B $-12.79B $-13.55B $-11.49B
Free Cash Flow $108.81B $99.58B $111.44B $92.95B $73.36B $58.90B $64.12B $51.43B $52.68B $69.78B