Apple
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Apple's past years’ income statements indicate that its last revenue has increased compared to the previous period by 2% to $391,035,000,000. Profit margin reached 24%. Total operating expenses were $57,467,000,000.
Profit Margin
| 2015 | 233.71B | 53.39B | 22.85% |
|---|---|---|---|
| 2016 | 215.63B | 45.68B | 21.19% |
| 2017 | 229.23B | 48.35B | 21.09% |
| 2018 | 265.59B | 59.53B | 22.41% |
| 2019 | 260.17B | 55.25B | 21.24% |
| 2020 | 274.51B | 57.41B | 20.91% |
| 2021 | 365.81B | 94.68B | 25.88% |
| 2022 | 394.32B | 99.80B | 25.31% |
| 2023 | 383.28B | 96.99B | 25.31% |
| 2024 | 391.03B | 93.73B | 23.97% |
AAPL Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 391.03B | 383.28B | 394.32B | 365.81B | 274.51B | 260.17B | 265.59B | 229.23B | 215.63B | 233.71B |
Cost of revenue | 210.35B | 214.13B | 223.54B | 212.98B | 169.55B | 161.78B | 163.75B | 141.04B | 131.37B | 140.08B |
Gross profit | 180.68B | 169.14B | 170.78B | 152.83B | 104.95B | 98.39B | 101.83B | 88.18B | 84.26B | 93.62B |
Operating exp. | ||||||||||
Research and development | 31.37B | 29.91B | 26.25B | 21.91B | 18.75B | 16.21B | 14.23B | 11.58B | 10.04B | 8.06B |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 57.46B | 54.84B | 51.57B | 43.82B | 38.75B | 34.04B | 31.38B | 26.97B | 25.43B | 23.29B |
Operating income | 123.21B | 114.30B | 119.43B | 108.94B | 66.28B | 63.93B | 70.89B | 61.34B | 62.56B | 71.23B |
Other income (expenses), net | 269M | -565M | -334M | 258M | 803M | 1.80B | 2.00B | 2.74B | 1.34B | 1.28B |
Income before tax | 123.48B | 113.73B | 119.10B | 109.20B | 67.09B | 65.73B | 72.90B | 64.08B | 61.37B | 72.51B |
Income tax expense | 29.74B | 16.74B | 19.3B | 14.52B | 9.68B | 10.48B | 13.37B | 15.73B | 15.68B | 19.12B |
Net income | 93.73B | 96.99B | 99.80B | 94.68B | 57.41B | 55.25B | 59.53B | 48.35B | 45.68B | 53.39B |
Earnings per share | ||||||||||
Basic EPS | 6.11 | 6.16 | 6.15 | 5.67 | 3.31 | 2.99 | 3 | 2.32 | 2.09 | 2.32 |
Diluted EPS | 6.08 | 6.13 | 6.11 | 5.61 | 3.28 | 2.97 | 2.98 | 2.3 | 2.08 | 2.3 |
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