Income Statement

Showing the income statement for AAPL · Apple Inc.. Revenue, costs and profit — the P&L, period by period.

Annual · Income Statement

Line itemFY 2021FY 2022FY 2023FY 2024FY 2025
Total revenue$365.82B$394.33B$383.29B$391.04B$416.16B
Cost of revenue$212.98B$223.55B$214.14B$210.35B$220.96B
Gross profit$152.84B$170.78B$169.15B$180.68B$195.20B
Operating expenses$43.89B$51.57B$54.85B$57.47B$62.15B
Operating income$108.95B$119.44B$114.30B$123.22B$133.05B
Income before tax$109.21B$119.10B$113.74B$123.48B$132.73B
Net income$94.68B$99.80B$97.00B$93.74B$112.01B
EBITDA$123.14B$130.54B$125.82B$134.66B$144.43B

Figures as reported, normalised to GAAP / IFRS taxonomies. Currency per the company's filing.

Preview. Historical financial statements. Not every line item is reported by every company. Past figures are not a guide to future performance. The Balanced Investor Club does not make buy or sell recommendations.