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Apple Inc. (AAPL)

Income Statement Business | Product | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsSep-24-22Sep-25-21Sep-26-20Sep-28-19Sep-29-18Sep-30-17Sep-24-16Sep-26-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Mac        22.825,471.0
    Other        215,616.2208,244.0
Total revenues   [+]394,328.0365,817.0274,515.0260,174.0265,595.0229,234.0215,639.0233,715.0
            Revenue growth   [+]7.8%33.3%5.5%-2.0%15.9%6.3%-7.7%27.9%
Cost of goods sold  223,546.0212,981.0169,559.0161,782.0163,756.0141,048.0131,376.0140,089.0
Gross profit  170,782.0152,836.0104,956.098,392.0101,839.088,186.084,263.093,626.0
            Gross margin  43.3%41.8%38.2%37.8%38.3%38.5%39.1%40.1%
Selling, general and administrative  25,094.021,973.019,916.018,245.016,705.015,261.014,194.014,329.0
Research and development  26,251.021,914.018,752.016,217.014,236.011,581.010,045.08,067.0
EBITDA   [+]130,541.0120,233.077,344.076,477.081,801.071,501.070,529.082,487.0
            EBITDA margin  33.1%32.9%28.2%29.4%30.8%31.2%32.7%35.3%
Depreciation  11,104.011,284.011,056.012,547.010,903.010,157.010,505.09,957.0
EBITA  119,437.0108,949.066,288.063,930.070,898.061,344.060,024.072,530.0
            EBITA margin  30.3%29.8%24.1%24.6%26.7%26.8%27.8%31.0%
Amortization of intangibles         1,300.0
EBIT   [+]119,437.0108,949.066,288.063,930.070,898.061,344.060,024.071,230.0
            EBIT margin  30.3%29.8%24.1%24.6%26.7%26.8%27.8%30.5%
Interest expense          
Other income (expense), net  2,597.02,903.03,676.05,383.05,245.05,068.02,804.02,018.0
Pre-tax income  119,103.0109,207.067,091.065,737.072,903.064,089.061,372.072,515.0
Income taxes  19,300.014,527.09,680.010,481.013,372.015,738.015,685.019,121.0
            Tax rate  16.2%13.3%14.4%15.9%18.3%24.6%25.6%26.4%
Net income  99,803.094,680.057,411.055,256.059,531.048,351.045,687.053,394.0
            Net margin  25.3%25.9%20.9%21.2%22.4%21.1%21.2%22.8%
   
Basic EPS   [+]$6.15$5.67$3.31$11.97$12.01$9.27$8.35$9.28
Diluted EPS   [+]$6.11$5.61$3.28$11.89$11.91$9.21$8.31$9.22
   
Dividends per share   [+]$0.90$0.85$0.80$3.00$2.72$2.40$2.18$1.98
   
Shares outstanding (basic)   [+]16,216.016,701.317,352.14,617.84,955.45,217.25,470.85,753.4
Shares outstanding (diluted)   [+]16,325.816,864.917,528.24,648.95,000.15,251.75,500.35,793.1
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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