← Apple Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $215.6b | $229.2b | $265.6b | $260.2b | $274.5b | $365.8b | $394.3b | $383.3b | $391.0b | $416.2b | |
| Cost of Revenue | $131.4b | $141.0b | $163.8b | $161.8b | $169.6b | $213.0b | $223.5b | $214.1b | $210.4b | $221.0b | |
| Gross Profit | $84.3b | $88.2b | $101.8b | $98.4b | $105.0b | $152.8b | $170.8b | $169.1b | $180.7b | $195.2b | |
| Operating Expenses | $24.2b | $26.8b | $30.9b | $34.5b | $38.7b | $43.9b | $51.3b | $54.8b | $57.5b | $62.2b | |
| Operating Income (Loss) | $60.0b | $61.3b | $70.9b | $63.9b | $66.3b | $108.9b | $119.4b | $114.3b | $123.2b | $133.1b | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $1.5b | $1.2b | — | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | $0 | $0 | — | — | — | — | — | — | — | — | |
| Reclassification from AOCI, Current Period, before Tax, Attributable to Parent | $785.0m | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $61.4b | $64.1b | $72.9b | $65.7b | $67.1b | $109.2b | $119.1b | $113.7b | $123.5b | $132.7b | |
| Net Income (Loss) Attributable to Parent | $45.7b | $48.4b | $59.5b | $55.3b | $57.4b | $94.7b | $99.8b | $97.0b | $93.7b | $112.0b | |
| Earnings Per Share, Basic | $0.52 | $0.58 | $0.75 | $0.75 | $3.31 | $5.67 | $6.15 | $6.16 | $6.11 | $7.49 | |
| Earnings Per Share, Diluted | $0.52 | $0.58 | $0.74 | $0.74 | $3.28 | $5.61 | $6.11 | $6.13 | $6.08 | $7.46 | |
| Common Stock, Dividends, Per Share, Declared | $0.14 | $0.15 | $0.17 | $0.19 | $0.80 | $0.85 | $0.90 | $0.94 | $0.98 | $1.02 | |
| Weighted Average Number of Shares Outstanding, Basic | 87.5b | 83.5b | 79.3b | 73.9b | 17.4b | 16.7b | 16.2b | 15.7b | 15.3b | 14.9b | |
| Weighted Average Number of Shares Outstanding, Diluted | 88.0b | 84.0b | 80.0b | 74.4b | 17.5b | 16.9b | 16.3b | 15.8b | 15.4b | 15.0b | |
| Other income (expense): | |||||||||||
| Research and Development Expense | $10.0b | $11.6b | $14.2b | $16.2b | $18.8b | $21.9b | $26.3b | $29.9b | $31.4b | $34.5b | |
| Selling and Marketing Expense | — | — | — | — | — | — | — | — | — | $19.5b | |
| General and Administrative Expense | — | — | — | — | — | — | — | — | — | $8.1b | |
| Selling, General and Administrative Expense | $14.2b | $15.3b | $16.7b | $18.2b | $19.9b | $22.0b | $25.1b | $24.9b | $26.1b | $27.6b | |
| Other Nonoperating Income (Expense) | ($1.2b) | ($133.0m) | ($441.0m) | $422.0m | ($87.0m) | $60.0m | ($228.0m) | ($382.0m) | — | — | |
| Interest Expense | $1.5b | $2.3b | $3.2b | $3.6b | $2.9b | $2.6b | $2.9b | $3.9b | — | — | |
| Interest Expense, Debt | $1.4b | $2.2b | $3.0b | — | — | $2.6b | — | — | — | — | |
| Income Tax Expense (Benefit) | $15.7b | $15.7b | $13.4b | $10.5b | $9.7b | $14.5b | $19.3b | $16.7b | $29.7b | $20.7b | |
| Nonoperating Income (Expense) | $1.3b | $2.7b | $2.0b | $1.8b | $803.0m | $258.0m | ($334.0m) | ($565.0m) | $269.0m | ($321.0m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.