Apple Inc. (AAPL) — financial distillation
Annual history (10-K)
Quarterly history (10-Q)
Two headline lines are shown to start. Click any item in a legend to add or remove it — every figure on the chart is one the table below also carries, for the period it names.
In brief, from the full filed history
- Revenue grew from $24.01B (period ending 2007-09-29) to $416.16B (period ending 2025-09-27) — a 17.2% annual pace across 18 year(s) of filed history.
- Net margin expanded from 14.6% to 26.9% over that same span.
- Across 55 tracked quarters, the strongest was $143.76B (quarter ending 2025-12-27) and the weakest was $7.46B (quarter ending 2008-06-28).
Annual — most recent 10-K
| Line | Value | Period ends | Form | Filing |
|---|---|---|---|---|
| Revenue | $416.16B | 2025-09-27 | 10-K | 0000320193-25-000079 |
| Gross profit | $195.20B | 2025-09-27 | 10-K | 0000320193-25-000079 |
| Operating income | $133.05B | 2025-09-27 | 10-K | 0000320193-25-000079 |
| Net income | $112.01B | 2025-09-27 | 10-K | 0000320193-25-000079 |
| Diluted EPS | $7.46 | 2025-09-27 | 10-K | 0000320193-25-000079 |
| Total assets | $359.24B | 2025-09-27 | 10-K | 0000320193-25-000079 |
| Total liabilities | $285.51B | 2025-09-27 | 10-K | 0000320193-25-000079 |
| Cash & equivalents | $35.93B | 2025-09-27 | 10-K | 0000320193-25-000079 |
| Operating cash flow | $111.48B | 2025-09-27 | 10-K | 0000320193-25-000079 |
Quarterly — most recent 10-Q
| Line | Value | Period ends | Form | Filing |
|---|---|---|---|---|
| Revenue | $109.42B | 2026-06-27 | 10-Q | 0000320193-26-000020 |
| Gross profit | $54.77B | 2026-06-27 | 10-Q | 0000320193-26-000020 |
| Operating income | $35.70B | 2026-06-27 | 10-Q | 0000320193-26-000020 |
| Net income | $29.79B | 2026-06-27 | 10-Q | 0000320193-26-000020 |
| Diluted EPS | $2.02 | 2026-06-27 | 10-Q | 0000320193-26-000020 |
| Total assets | $383.27B | 2026-06-27 | 10-Q | 0000320193-26-000020 |
| Total liabilities | $275.75B | 2026-06-27 | 10-Q | 0000320193-26-000020 |
| Cash & equivalents | $39.54B | 2026-06-27 | 10-Q | 0000320193-26-000020 |
| Operating cash flow | $53.92B | 2025-12-27 | 10-Q | 0000320193-26-000006 |
Reading
The figures above are taken directly from filings with the U.S. Securities and Exchange Commission. The reading below was generated by a local language model from only those figures; it introduces no numbers of its own. It is not investment advice.
Apple’s business is now massive, with annual revenue of $416.16 billion and a cash‑rich balance sheet that includes $35.93 billion in cash and equivalents against $285.51 billion in total liabilities. The product mix remains dominated by hardware (iPhone, Mac, iPad) that together generate the bulk of the $195.20 billion gross profit and underpin the $133.05 billion operating income reported for the most recent fiscal year.
Over the 18‑year filing history, revenue has expanded at a steady 17.2 % annual pace, rising from $24.01 billion in 2007 to $416.16 billion in 2025. Concurrently, net margin has widened from 14.6 % to 26.9 %, reflecting both pricing power and cost‑management improvements. The trajectory is upward and broad‑based, with only modest year‑to‑year fluctuations, indicating a resilient and scaling business model.
In the next filing, investors should monitor whether the net‑margin expansion continues—particularly any signs of compression under rising component costs or competitive pressure—and watch the quarterly operating cash flow (the most recent quarterly figure was $53.92 billion) to gauge if the strong cash‑generation trend persists. Additionally, any material change in the cash‑and‑equivalents balance relative to liabilities will signal shifts in liquidity or leverage strategy.
Source: SEC EDGAR company facts for CIK 0000320193 · filings index