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Last updated: April 2026

AAPL FINANCIAL STATEMENTS

Apple Inc. — balance sheet, income statement and cash flow trends

AAPLApple Inc.

🇺🇸 USA · US · Technology · Consumer Electronics

Value itDuel
PriceFinancialsPeers

Income Statement

Quarterly progression — trailing-twelve-month values
RevenueNet Income
0200 B400 B202120222023202420252026

Profit Funnel

Q1 2026 · TTM
Revenue451.4 B $Gross Profit216.1 B $ · 48%Operating Income147.4 B $ · 33%Pre-tax Income147.7 B $ · 33%Net Income122.6 B $ · 27%

Percentages are relative to revenue.

Key Figures

YoY change
Revenue451.4 B $+12.8%
Gross Profit216.1 B $+15.7%
Operating Income147.4 B $+15.7%
EBITDA160 B $+15.6%
Net Income122.6 B $+26.0%

Peer Comparison· Consumer Electronics

CompanyRev. GrowthGross MarginEBITDA MarginNet Margin
AAPL12.8%47.9%35.4%27.2%
ASML9.7%52.6%38.7%29.7%
Industry median-10.6%37.0%-2.2%-20.1%
CompanyRev. GrowthGross MarginEBITDA MarginNet Margin
AAPL12.8%47.9%35.4%27.2%
NVDA70.7%74.1%76.0%63.0%
MSFT17.9%68.3%63.1%39.3%
AVGO32.3%67.0%55.7%38.8%
MU167.0%72.6%49.8%55.9%
AMD35.0%50.3%21.6%13.4%
Industry median-10.6%37.0%-2.2%-20.1%

Balance Sheet

Quarterly period-end values
Total AssetsTotal LiabilitiesEquity
0200 B400 B202120222023202420252026

Capital Structure

Q1 2026
Total Assets371.1 B
  • Equity106.5 B $29%
  • Current Liabilities134.6 B $36%
  • Long-term Liabilities130 B $35%

Key Figures

YoY change
Total Assets371.1 B $+12.0%
Total Liabilities264.6 B $+0.1%
Total Equity106.5 B $+59.4%
Cash & ST Investments68.5 B $+41.3%
Total Debt84.7 B $-13.7%
Net Debt48.4 B $-30.9%

Peer Comparison· Consumer Electronics

CompanyCurrent RatioDebt/EquityNetDebt/EBITDAEquity/Assets
AAPL1.0779.5%0.1028.7%
ASML1.3613.0%-0.4343.3%
Industry median1.333.3%-0.1637.2%
CompanyCurrent RatioDebt/EquityNetDebt/EBITDAEquity/Assets
AAPL1.0779.5%0.1028.7%
NVDA3.446.6%-0.3575.3%
MSFT1.2813.7%-0.1159.7%
AVGO2.2474.0%1.0848.9%
MU3.426.3%-0.4475.1%
AMD2.726.0%-1.0580.9%
Industry median1.333.3%-0.1637.2%

Cash Flow Statement

Quarterly progression — trailing-twelve-month values
Operating Cash FlowCapital ExpendituresFree Cash Flow
050 B100 B150 B202120222023202420252026

Cash Flow Bridge

Q1 2026 · TTM
050 B100 B140.2 B $Operating-8.6 B $Investing-114.2 B $Financing17.4 B $Net Change

Key Figures

YoY change
Operating Cash Flow140.2 B $+28.0%
Capital Expenditures11 B $-0.2%
Free Cash Flow129.2 B $+31.2%
Dividends Paid-15.6 B $-201.5%

Peer Comparison· Consumer Electronics

CompanyCF MarginFCF MarginCapEx RatioCF/Net Income
AAPL31.1%28.6%2.4%114.4%
ASML33.0%26.6%6.5%111.2%
Industry median4.7%3.8%2.4%42.6%
CompanyCF MarginFCF MarginCapEx RatioCF/Net Income
AAPL31.1%28.6%2.4%114.4%
NVDA49.6%47.0%2.6%78.7%
MSFT53.5%22.9%30.5%135.9%
AVGO44.6%43.4%1.1%114.7%
MU57.0%54.6%26.9%101.9%
AMD26.0%22.9%3.1%194.2%
Industry median4.7%3.8%2.4%42.6%

Amounts are in the company’s reporting currency. Peer comparison tables use ratio-based metrics so currency differences do not distort the picture.

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Data on this page refreshes once per day. Price data as of Jul 2, 26. This content is for informational purposes only and is not investment advice.