Apple Inc. (AAPL) Income Annual - Discounting Cash Flows
AAPL
Apple Inc.
AAPL (NASDAQ)
Period Ending: LTM
(Last Twelve Months)
2025
09-27
2024
09-28
2023
09-30
2022
09-24
2021
09-25
2020
09-26
2019
09-28
2018
09-29
2017
09-30
2016
09-24
2015
09-26
2014
09-27
2013
09-28
2012
09-29
2011
09-24
2010
09-25
2009
09-26
2008
09-27
2007
09-29
2006
09-30
2005
09-24
2004
09-25
2003
09-27
2002
09-28
2001
09-29
2000
09-30
1999
09-25
1998
09-25
1997
09-26
1996
09-27
1995
09-29
1994
09-30
1993
09-30
1992
09-30
1991
09-30
1990
09-30
1989
09-30
1988
09-30
1987
09-30
1986
09-30
1985
09-30
Report Filing 2025-10-31 2025-10-31 2024-11-01 2023-11-03 2022-10-28 2021-10-29 2020-10-30 2019-10-31 2018-11-05 2017-11-03 2016-10-26 2015-10-28 2014-10-27 2013-10-30 2012-10-31 2011-10-26 2010-10-27 2009-10-27 2008-11-05 2007-11-15 2006-12-29 2005-12-01 2004-12-03 2003-12-19 2002-12-19 2001-12-21 2000-12-14 1999-12-22 1998-12-23 1997-12-05 1996-12-19 1995-12-19 1994-12-13 1993-09-30 1992-09-30 1991-09-30 1990-09-30 1989-09-30 1988-09-30 1987-09-30 1986-09-30 1985-09-30
Revenue 416,161 416,161 391,035 383,285 394,328 365,817 274,515 260,174 265,595 229,234 215,639 233,715 182,795 170,910 156,508 108,249 65,225 42,905 32,479 24,006 19,315 13,931 8,279 6,207 5,742 5,363 7,983 6,134 5,941 7,081 9,833 11,062 9,189 7,977 7,087 6,309 5,558 5,284 4,071 2,661 1,902 1,918
Cost of Revenue 220,960 220,960 210,352 214,137 223,546 212,981 169,559 161,782 163,756 141,048 131,376 140,089 112,258 106,606 87,846 64,431 39,541 25,683 21,334 15,852 13,717 9,889 6,022 4,499 4,139 4,128 5,817 4,438 4,462 5,713 8,865 8,204 6,845 5,249 3,991 3,110 2,404 2,570 1,913 1,226 840 1,076
Gross Profit 195,201 195,201 180,683 169,148 170,782 152,836 104,956 98,392 101,839 88,186 84,263 93,626 70,537 64,304 68,662 43,818 25,684 17,222 11,145 8,154 5,598 4,042 2,259 1,708 1,603 1,235 2,166 1,696 1,479 1,368 968 2,858 2,344 2,728 3,095 3,199 3,155 2,714 2,158 1,435 1,062 842.3
Operating Expenses 62,151 62,151 57,467 54,847 51,345 43,887 38,668 34,462 30,941 26,842 24,239 22,396 18,034 15,305 13,421 10,028 7,299 5,482 4,870 3,745 3,145 2,399 1,946 1,709 1,586 1,579 1,644 1,337 1,218 2,438 2,351 2,174 1,822 2,618 2,290 2,752 2,443 2,080 1,538 1,064 788.4 695
Research & Development 34,550 34,550 31,370 29,915 26,251 21,914 18,752 16,217 14,236 11,581 10,045 8,067 6,041 4,475 3,381 2,429 1,782 1,333 1,109 782 712 535 491 471 447 441 380 314 310 860 604 614 564.3 665 602.1 0 0 0 0 0 0 0
Selling, General and Administrative 27,601 27,601 26,097 24,932 25,094 21,973 19,916 18,245 16,705 15,261 14,194 14,329 11,993 10,830 10,040 7,599 5,517 4,149 3,761 2,963 2,433 1,864 1,430 1,212 1,109 1,138 1,166 996 908 1,286 1,568 1,583 1,384 1,632 1,687 2,547 2,240 1,955 1,460 993.4 737.3 653.2
Other Operating Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 25 26 30 0 98 27 0 292 179 -23 -126.9 321 0.108 204.4 202.7 124.8 77.7 70.5 51.1 41.8
Operating Income 133,050 133,050 123,216 114,301 119,437 108,949 66,288 63,930 70,898 61,344 60,024 71,230 52,503 48,999 55,241 33,790 18,385 11,740 6,275 4,409 2,453 1,643 313 -1 17 -344 522 359 261 -1,070 -1,383 684 522.3 110 805.7 447.3 712 634.3 620.3 371.5 273.5 147.3
Net Non-Operating Interest 0 0 0 -183 -106 198 890 1,385 2,446 2,878 2,543 2,188 1,411 1,480 1,088 519 311 407 653 647 394 183 61 61 107 202 189 97 38 11 0 52 3 58 62.98 0 0 0 0 0 0 0
Interest Income 0 0 0 3,750 2,825 2,843 3,763 4,961 5,686 5,201 3,999 2,921 1,795 1,616 1,088 519 311 407 653 647 394 183 64 69 118 218 210 144 100 82 60 100 43 70 71.69 0 0 0 0 0 0 0
Interest Expense 0 0 0 3,933 2,931 2,645 2,873 3,576 3,240 2,323 1,456 733 384 136 0 0 0 0 0 0 0 0 3 8 11 16 21 47 62 71 60 48 40 12 8.71 0 0 0 0 0 0 0
Equity & Other Income/(Expense) -321 -321 269 -382 -228 60 -87 422 -441 -133 -1,195 -903 -431 -324 -566 -104 -156 -81 -33 -48 -29 -18 -4 32 -37 90 381 220 30 14 88 -62 -24.99 -28.3 -13.18 52.4 66.5 110 35.9 38.9 36.3 -27.3
Income Before Tax 132,729 132,729 123,485 113,736 119,103 109,207 67,091 65,737 72,903 64,089 61,372 72,515 53,483 50,155 55,763 34,205 18,540 12,066 6,895 5,008 2,818 1,808 370 92 87 -52 1,092 676 329 -1,045 -1,295 674 500.3 139.7 855.5 499.7 778.5 744.3 656.2 410.4 309.8 120
Income Tax Expense 20,719 20,719 29,749 16,741 19,300 14,527 9,680 10,481 13,372 15,738 15,685 19,121 13,973 13,118 14,030 8,283 4,527 3,831 2,061 1,512 829 480 104 24 22 -15 306 75 20 0 -479 250 190.1 53.1 325.1 189.9 303.6 290.3 255.9 192.9 155.8 58.8
Income Attributable to Non-Controlling Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 -1 0 -12 0 0 0 0 0 0 0.178 -0.4 0.027 0 0 0 0 0 0 0
Net Income 112,010 112,010 93,736 96,995 99,803 94,680 57,411 55,256 59,531 48,351 45,687 53,394 39,510 37,037 41,733 25,922 14,013 8,235 4,834 3,495 1,989 1,328 266 69 65 -25 786 601 309 -1,045 -816 424 310 87 530.4 309.8 474.9 454 400.3 217.5 154 61.2
Depreciation and Amortization 11,698 11,698 11,445 11,519 11,104 11,284 11,056 12,547 10,903 10,157 10,505 11,257 7,946 6,757 3,277 1,814 1,027 734 409 317 225 179 150 113 114 100 84 85 111 118 116 127 168 166.1 217.2 204.4 202.7 124.8 77.7 70.5 51.1 41.8
EBITDA 144,748 144,748 134,661 125,820 130,541 120,233 77,344 76,477 81,801 71,501 70,529 82,487 60,449 55,756 58,518 35,604 19,412 12,474 6,684 4,726 2,678 1,822 463 112 131 -244 606 444 372 -952 -1,267 811 690.2 276.1 1,023 651.7 914.7 759.1 698 442 324.6 189.1
Earnings Per Share (EPS) 7.48 7.49 6.11 6.16 6.15 5.67 3.31 2.99 3 2.32 2.09 2.32 1.62 1.43 1.59 1 0.55 0.329 0.2 0.14 0.084 0.059 0.013 0.003 0.003 -0.001 0.043 0.037 0.021 -0.074 -0.059 0.031 0.023 0.006 0.039 0.023 0.034 0.032 0.028 0.015 0.011 0.004
Diluted Earnings Per Share 7.46 7.46 6.08 6.13 6.11 5.61 3.28 2.97 2.98 2.3 2.08 2.3 1.61 1.42 1.58 0.99 0.54 0.324 0.19 0.14 0.081 0.055 0.012 0.003 0.003 -0.001 0.039 0.031 0.016 -0.074 -0.059 0.031 0.023 0.006 0.039 0.023 0.034 0.032 0.028 0.015 0.011 0.004
Weighted Average Shares Outstanding 14,948 14,948 15,344 15,744 16,216 16,701 17,352 18,471 19,822 20,869 21,883 23,014 24,342 25,909 26,175 25,879 25,465 25,004 24,685 24,209 23,634 22,636 20,809 20,195 19,881 19,354 18,176 16,034 14,781 14,119 13,858 13,781 13,298 13,342 13,719 13,449 14,071 14,364 14,556 14,675 14,373 13,709
Diluted Weighted Average Shares Outstanding 15,005 15,005 15,408 15,813 16,326 16,865 17,528 18,596 20,000 21,007 22,001 23,172 24,491 26,087 26,470 26,226 25,892 25,396 25,260 24,900 24,571 23,993 21,694 20,354 20,260 19,354 20,178 19,506 18,807 14,119 13,858 13,781 13,298 13,424 13,730 13,449 14,071 14,364 14,556 14,675 14,373 13,709
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Discounting Cash Flows

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