Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company also offers a growing portfolio of related services, including digital content stores, streaming platforms, and payment solutions. It is best known for its flagship hardware products like the iPhone, Mac, and iPad, alongside its tightly integrated software ecosystem.
Financial Statements
In thousands, USD
FY 2025
FY 2024
FY 2023
FY 2022
Total Revenues
416,161,000
391,035,000
383,285,000
394,328,000
Cost of Sales
220,960,000
210,352,000
214,137,000
223,546,000
Gross Profit
195,201,000
180,683,000
169,148,000
170,782,000
Selling, General & Administrative Expenses
27,601,000
26,097,000
24,932,000
25,094,000
Research & Development Expenses
34,550,000
31,370,000
29,915,000
26,251,000
Operating Profit
133,050,000
123,216,000
114,301,000
119,437,000
Non-Operating Income
(321,000)
269,000
(565,000)
(334,000)
Total Non-Operating Income
(321,000)
269,000
(565,000)
(334,000)
Income Before Provision for Income Taxes
132,729,000
123,485,000
113,736,000
119,103,000
Provision for Income Taxes
20,719,000
29,749,000
16,741,000
19,300,000
Consolidated Net Income
112,010,000
93,736,000
96,995,000
99,803,000
Net Income Attributable to Common Shareholders
112,010,000
93,736,000
96,995,000
99,803,000
Basic EPS
7.49
6.11
6.16
6.15
Diluted EPS
7.46
6.08
6.13
6.11
Basic Weighted Average Shares Outstanding
14,948,500
15,343,800
15,744,200
16,216,000
Diluted Weighted Average Shares Outstanding
15,004,700
15,408,100
15,812,500
16,325,800
Shares Outstanding
14,773,300
15,116,800
15,550,100
15,943,400
FY 2025
FY 2024
FY 2023
FY 2022
Cash and Cash Equivalents
35,934,000
29,943,000
29,965,000
23,646,000
Short-Term Investments
18,763,000
35,228,000
31,590,000
24,658,000
Total Cash and Cash Equivalents
54,697,000
65,171,000
61,555,000
48,304,000
Accounts Receivable
39,777,000
33,410,000
29,508,000
28,184,000
Other Receivables
33,180,000
32,833,000
31,477,000
32,748,000
Total Trade Receivables
72,957,000
66,243,000
60,985,000
60,932,000
Inventories
5,718,000
7,286,000
6,331,000
4,946,000
Other Current Assets
14,585,000
14,287,000
14,695,000
21,223,000
Total Current Assets
147,957,000
152,987,000
143,566,000
135,405,000
Net Property, Plant & Equipment
49,834,000
45,680,000
43,715,000
42,117,000
Long-Term Investments
77,723,000
91,479,000
100,544,000
120,805,000
Other Long-Term Assets
83,727,000
74,834,000
64,758,000
54,428,000
Total Assets
359,241,000
364,980,000
352,583,000
352,755,000
Accounts Payable
69,860,000
68,960,000
62,611,000
64,115,000
Short-Term Debt
7,979,000
9,967,000
5,985,000
9,982,000
Current Portion of Long-Term Debt
12,350,000
10,912,000
9,822,000
11,128,000
Unearned Revenue
9,055,000
8,249,000
8,061,000
7,912,000
Other Current Liabilities
66,387,000
78,304,000
58,829,000
60,845,000
Total Current Liabilities
165,631,000
176,392,000
145,308,000
153,982,000
Long-Term Debt
78,328,000
85,750,000
95,281,000
98,959,000
Other Long-Term Liabilities
41,549,000
45,888,000
49,848,000
49,142,000
Total Long-Term Liabilities
119,877,000
131,638,000
145,129,000
148,101,000
Total Liabilities
285,508,000
308,030,000
290,437,000
302,083,000
Common Stock
93,568,000
83,276,000
73,812,000
64,849,000
Accumulated Other Comprehensive Income
(5,571,000)
(7,172,000)
(11,452,000)
(11,109,000)
Retained Earnings
(14,264,000)
(19,154,000)
(214,000)
(3,068,000)
Total Common Shareholders' Equity
73,733,000
56,950,000
62,146,000
50,672,000
Total Shareholders' Equity
73,733,000
56,950,000
62,146,000
50,672,000
Total Liabilities and Shareholders' Equity
359,241,000
364,980,000
352,583,000
352,755,000
FY 2025
FY 2024
FY 2023
FY 2022
Net Income
112,010,000
93,736,000
96,995,000
99,803,000
Depreciation & Amortization
11,698,000
11,445,000
11,519,000
11,104,000
Share-Based Compensation Expense
12,863,000
11,688,000
10,833,000
9,038,000
Other Adjustments
(89,000)
(2,266,000)
(2,227,000)
1,006,000
Changes in Trade Receivables
(7,029,000)
(5,144,000)
(417,000)
(9,343,000)
Changes in Inventories
1,400,000
(1,046,000)
(1,618,000)
1,484,000
Changes in Accounts Payable
902,000
6,020,000
(1,889,000)
9,448,000
Changes in Other Operating Activities
(20,273,000)
3,821,000
(2,653,000)
(389,000)
Cash from Operating Activities
111,482,000
118,254,000
110,543,000
122,151,000
Capital Expenditure
(12,715,000)
(9,447,000)
(10,959,000)
(10,708,000)
Purchases of Investments
(24,407,000)
(48,656,000)
(29,513,000)
(76,923,000)
Proceeds from Sale of Investments
53,797,000
62,346,000
45,514,000
67,363,000
Other Investing Activities
(1,480,000)
(1,308,000)
(1,337,000)
(2,086,000)
Cash from Investing Activities
15,195,000
2,935,000
3,705,000
(22,354,000)
Issuance of Short-Term Debt
(2,032,000)
3,960,000
(3,978,000)
3,955,000
Net Issuance / (Repayments) of Short-Term Debt
(2,032,000)
3,960,000
(3,978,000)
3,955,000
Issuance of Long-Term Debt
4,481,000
—
5,228,000
5,465,000
Repayments of Long-Term Debt
(10,932,000)
(9,958,000)
(11,151,000)
(9,543,000)
Net Issuance / (Repayments) of Long-Term Debt
(6,451,000)
(9,958,000)
(5,923,000)
(4,078,000)
Repurchases of Common Shares
(96,671,000)
(100,390,000)
(82,981,000)
(95,625,000)
Net Issuance / (Repurchases) of Common Shares
(96,671,000)
(100,390,000)
(82,981,000)
(95,625,000)
Common Share Dividends Paid
(15,421,000)
(15,234,000)
(15,025,000)
(14,841,000)
Other Financing Activities
(111,000)
(361,000)
(581,000)
(160,000)
Cash from Financing Activities
(120,686,000)
(121,983,000)
(108,488,000)
(110,749,000)
Increase / (Decrease) in Cash, Cash Equivalents and Restricted Cash