Friday 30 October 2026 Export AAPL’s income statement to Excel — free account

Apple Inc.

Apple Inc.’s revenue for fiscal 2025 (year ended September 2025) was $416.2 billion, up 6.43% from fiscal 2024. In the quarter to June 2026, revenue grew 16.4%, EPS grew 29.3%, free cash flow grew 30.8% and total debt fell 17.1%, each against the same quarter a year earlier. Member of the S&P 500, Nasdaq 100 and Dow Jones; dividend growth for ten consecutive years, revenue growth for three.

348.57 4.74 +1.38%

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Market cap: $5.09T
P/E: 39.8×
Fwd P/E: 39.4×
Dividend yield: 0.30%
F-score: 8/9
Altman Z: 10.27
Beneish M: −2.37
Dividend safety: 92/100

Overview Business Profile Earnings & Analysis Segments Filings

Apple Inc. (AAPL) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Americas	178,353	42.86%
Europe	111,032	26.68%
Greater China	64,377	15.47%
Rest of Asia Pacific	33,696	8.10%
Japan	28,703	6.90%
Gross margin		46.91%
Operating margin		31.97%
Pre-tax margin		31.89%

Revenue by product or service $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012
iPhone	209,586 50.36%	201,183 51.45%	200,583 52.33%	205,489 52.11%	191,973 52.48%	137,781 50.19%	142,381 54.73%	164,888 62.08%	139,337 60.78%	136,700 63.39%	155,041 66.34%	101,991 55.80%	91,279 53.41%	78,692 50.28%
Services	109,158 26.23%	96,169 24.59%	85,200 22.23%	78,129 19.81%	68,425 18.70%	53,768 19.59%	46,291 17.79%	39,748 14.97%	32,700 14.26%	24,348 11.29%	19,909 8.52%	18,063 9.88%	16,051 9.39%	12,890 8.24%
Wearables, Home and Accessories	35,686 8.58%	37,005 9.46%	39,845 10.40%	41,241 10.46%	38,367 10.49%	30,620 11.15%	24,482 9.41%	17,381 6.54%	12,826 5.60%	—	—	—	—	—
Mac	33,708 8.10%	29,984 7.67%	29,357 7.66%	40,177 10.19%	35,190 9.62%	28,622 10.43%	25,740 9.89%	25,198 9.49%	25,569 11.15%	22,831 10.59%	25,471 10.90%	24,079 13.17%	21,483 12.57%	23,221 14.84%
iPad	28,023 6.73%	26,694 6.83%	28,300 7.38%	29,292 7.43%	31,862 8.71%	23,724 8.64%	21,280 8.18%	18,380 6.92%	18,802 8.20%	20,628 9.57%	23,227 9.94%	30,283 16.57%	31,980 18.71%	30,945 19.77%
Manufactured Product, Other	—	—	—	—	—	—	—	—	—	11,132 5.16%	10,067 4.31%	8,379 4.58%	10,117 5.92%	—
Other, not broken out	—	—	—	—	—	—	—	—	—	—	—	—	—	10,760 6.88%
Products	307,003	294,866	298,085	316,199	297,392	220,747	213,883	225,847	196,534	—	—	—	—	—
Revenue	416,161	391,035	383,285	394,328	365,817	274,515	260,174	265,595	229,234	215,639	233,715	182,795	170,910	156,508

Gross profit by product or service $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012
Products	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Services	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Gross profit	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008
Americas	178,353 42.86%	167,045 42.72%	162,560 42.41%	169,658 43.02%	153,306 41.91%	124,556 45.37%	116,914 44.94%	112,093 42.20%	96,600 42.14%	86,613 40.17%	93,864 40.16%	80,095 43.82%	77,093 45.11%	57,512 36.75%	38,315 35.40%	24,498 37.56%	18,981 44.24%	16,552 44.15%
Europe	111,032 26.68%	101,328 25.91%	94,294 24.60%	95,118 24.12%	89,307 24.41%	68,640 25.00%	60,288 23.17%	62,420 23.50%	54,938 23.97%	49,952 23.16%	50,337 21.54%	44,285 24.23%	40,980 23.98%	36,323 23.21%	27,778 25.66%	18,692 28.66%	11,810 27.53%	9,233 24.63%
Greater China	64,377 15.47%	66,952 17.12%	72,559 18.93%	74,200 18.82%	68,366 18.69%	40,308 14.68%	43,678 16.79%	51,942 19.56%	44,764 19.53%	48,492 22.49%	58,715 25.12%	31,853 17.43%	27,016 15.81%	22,533 14.40%	12,690 11.72%	—	—	—
Rest of Asia Pacific	33,696 8.10%	30,658 7.84%	29,615 7.73%	29,375 7.45%	26,356 7.20%	19,593 7.14%	17,788 6.84%	17,407 6.55%	15,199 6.63%	13,654 6.33%	15,093 6.46%	11,248 6.15%	12,039 7.04%	10,741 6.86%	9,902 9.15%	8,256 12.66%	3,179 7.41%	2,686 7.16%
Japan	28,703 6.90%	25,052 6.41%	24,257 6.33%	25,977 6.59%	28,482 7.79%	21,418 7.80%	21,506 8.27%	21,733 8.18%	17,733 7.74%	16,928 7.85%	15,706 6.72%	15,314 8.38%	13,782 8.06%	10,571 6.75%	5,437 5.02%	3,981 6.10%	2,279 5.31%	1,728 4.61%
Retail	—	—	—	—	—	—	—	—	—	—	—	—	—	18,828 12.03%	14,127 13.05%	9,798 15.02%	6,656 15.51%	7,292 19.45%
Accessories	—	—	—	—	—	—	—	—	—	—	—	—	—	5,145 3.29%	4,474 4.13%	—	—	—
Also reported: a second breakdown of the same revenue
iPod	—	—	—	—	—	—	—	—	—	—	—	—	—	5,615 3.59%	7,453 6.89%	8,274 12.69%	8,091 18.86%	9,153 24.41%
Iphone Related Products And Services	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	25,179 38.60%	13,033 30.38%	6,742 17.98%
Portables	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	11,278 17.29%	9,535 22.22%	8,732 23.29%
Desktops	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	6,201 9.51%	4,324 10.08%	5,622 15.00%
Ipad Related Products And Services	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	4,958 7.60%	0 0.00%	0 0.00%
Other Music Related Products And Services	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	4,948 7.59%	4,036 9.41%	3,340 8.91%
Software Service And Other Net Sales	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	2,573 3.94%	2,411 5.62%	2,208 5.89%
Peripherals And Other Hardware	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	1,814 2.78%	1,475 3.44%	1,694 4.52%
Eliminations	—	—	—	—	—	—	—	—	—	—	—	—	—	(10,760) (6.88%)	(11,927) (11.02%)	—	—	—
Revenue	416,161	391,035	383,285	394,328	365,817	274,515	260,174	265,595	229,234	215,639	233,715	182,795	170,910	156,508	108,249	65,225	42,905	37,491

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008
Americas	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Europe	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Greater China	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Rest of Asia Pacific	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Japan	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Retail	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Operating Segments	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

Revenue by region $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010
Other countries	199,994 48.06%	181,887 46.51%	172,153 44.92%	172,269 43.69%	163,648 44.73%	125,010 45.54%	114,230 43.91%	115,592 43.52%	100,131 43.68%	91,480 42.42%	93,268 39.91%	83,248 45.54%	78,767 46.09%	72,762 46.49%	53,965 49.85%	33,828 51.86%
U.S.	151,790 36.47%	142,196 36.36%	138,573 36.15%	147,859 37.50%	133,803 36.58%	109,197 39.78%	102,266 39.31%	98,061 36.92%	84,339 36.79%	75,667 35.09%	81,732 34.97%	68,909 37.70%	66,197 38.73%	60,949 38.94%	41,812 38.63%	28,633 43.90%
China	64,377 15.47%	66,952 17.12%	72,559 18.93%	74,200 18.82%	68,366 18.69%	40,308 14.68%	43,678 16.79%	51,942 19.56%	44,764 19.53%	48,492 22.49%	58,715 25.12%	30,638 16.76%	25,946 15.18%	22,797 14.57%	12,472 11.52%	2,764 4.24%
Revenue	416,161	391,035	383,285	394,328	365,817	274,515	260,174	265,595	229,234	215,639	233,715	182,795	170,910	156,508	108,249	65,225

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.