Company Dashboard
Apple Inc.
AAPLNASDAQApple is still an iPhone-led business, but the earnings engine is increasingly shaped by services mix, gross margin expansion, and relentless capital returns.
Coverage window
45 quarters from Q1 '15 to Q1 '26
FY2025 Q3-Q4 remain model estimates in the local dataset
AAPL Stock Price
$255.92▲ $0.29 (0.11%)as of Apr 3, 2026, 1:46 AM
Mkt Cap
$3.76T
P/E Ratio
32.39
52-wk High
$288.62
52-wk Low
$169.21
Source: Yahoo Finance · End-of-day data · Hover or tap for detail
Quarterly chart views track the fiscal reporting cadence. Annual chart views aggregate by calendar year to line demand cycles up with the actual end market. The summary table below remains on Apple's fiscal year basis.
Latest Revenue
$143.8B
Q1 '26 (Dec 2025)
+15.7% vs Q1 '25
Latest full FY: $416.2B
Gross Margin
48.2%
Q1 '26
+1.3pp vs Q1 '25
+8.4pp vs FY2021
Services Mix
20.9%
$30.0B of revenue
-0.3pp vs Q1 '25
+14.4pp vs Q1 '15
Diluted Shares
14.81B
Weighted average shares, Q1 '26
-36.5% vs Q1 '15
Latest full FY buybacks: $87.1B
Revenue
Apple is still iPhone-led, but the mix story is more balanced.
Revenue concentration remains obvious, yet the business is less singular than it was a decade ago. Services and geography mix now matter far more to the margin profile than they used to.
Quarterly revenue
Seasonal iPhone cycles still drive the revenue cadence; annual view smooths the pattern
Latest
Q1 '26 $143.8B
+15.7% YoY · Peak Q1 '26
Source: Apple SEC filings (10-Q, 10-K) · Hover, focus, or tap bars for detail · Holiday quarter (Q1) highlighted
Profitability
Margin expansion is the structural change in the Apple story.
The key question is no longer just how many devices Apple ships. It is how much of the revenue base arrives with services-like economics layered on top.
Gross profit breakdown
Products vs. services gross profit contribution, FY2015–FY2026
Source: Apple SEC filings (10-Q, 10-K) · Click categories to filter
Capital Allocation
Cash generation is still massive, and most of it comes back to shareholders.
Free cash flow is the raw material. Buybacks and shrinking share count are the mechanism that turns it into per-share compounding.
Latest full FY FCF
$101.9B
FY2025 fiscal-year basis
Latest full FY Buybacks
$87.1B
FY2025 fiscal-year basis
Cash flow allocation
Operating cash flow breakdown, FY2015–FY2026
Source: Apple SEC filings (10-Q, 10-K) · Click categories to filter
Shareholder returns & shares outstanding
Buybacks dominate the cash return stack while the share count keeps grinding lower
Latest
Q1 '26 $28.7B
Shares 14.8B
Source: Apple SEC filings (10-Q, 10-K) · Click to toggle · Hover, focus, or tap bars for detail
Balance Sheet
The balance sheet is more levered than the old net-cash era, but still very flexible.
Debt matters, equity is thinner than it used to be, and cash still gives Apple plenty of room to keep returning capital while funding the operating machine.
Balance sheet — Assets
Total assets breakdown by liquidity
Latest
Q1 '26 $373.7B
Cash & Marketable Securities
Source: Apple SEC filings (10-Q, 10-K) · Click to toggle · Hover, focus, or tap bars for detail · Swipe or use tabs to switch views
Fiscal Year Summary
Unlike the chart annual toggles, this table stays on Apple's fiscal year basis. Partial years remain visible so the data cut is explicit.
| Fiscal Year | Revenue | Net Income | Free Cash Flow | Buybacks | Shares | Quarters |
|---|---|---|---|---|---|---|
| FY2015 | $233.7B | $53.4B | $70.0B | $35.3B | 22.58B | 4/4 |
| FY2016 | $215.6B | $45.7B | $53.1B | $29.7B | 21.54B | 4/4 |
| FY2017 | $229.2B | $48.4B | $51.1B | $32.9B | 20.94B | 4/4 |
| FY2018 | $265.6B | $59.5B | $64.1B | $72.7B | 19.90B | 4/4 |
| FY2019 | $260.2B | $55.3B | $58.9B | $67.1B | 18.60B | 4/4 |
| FY2020 | $274.5B | $57.4B | $73.4B | $72.4B | 17.36B | 4/4 |
| FY2021 | $365.8B | $94.7B | $93.0B | $85.5B | 16.57B | 4/4 |
| FY2022 | $394.3B | $99.8B | $111.4B | $89.4B | 16.06B | 4/4 |
| FY2023 | $383.3B | $97.0B | $99.6B | $77.5B | 15.72B | 4/4 |
| FY2024 | $391.0B | $93.7B | $108.3B | $94.9B | 15.19B | 4/4 |
| FY2025 | $416.2B | $112.0B | $101.9B | $87.1B | 14.89B | 4/4 |
| FY2026 | $143.8B | $42.1B | $44.4B | $24.8B | 14.81B | 1/4 |
Employment
Flat headcount, rising output
Apple annual headcount
Full-time employees as reported in annual SEC filings
Source: SEC filings (10-K) via Financial Modeling Prep
Methodology & Sources
Data is sourced from Apple's quarterly earnings releases and SEC filings (10-Q, 10-K). Figures are in millions USD unless noted. Apple's fiscal year ends in late September. Quarterly chart views use fiscal quarters. Annual chart views aggregate by calendar year. The table above remains on a fiscal-year basis. FY2025 Q3-Q4 are still modeled estimates in the local dataset.