Apple Inc. (AAPL) Company Overview

Fundamental data translated into a simpler company snapshot.

NASDAQTECHNOLOGYCONSUMER ELECTRONICS

Apple Inc. is an American multinational technology company that specializes in consumer electronics, computer software, and online services. Apple is the world's largest technology company by revenue (totalling $274.5 billion in 2020) and, since January 2021, the world's most valuable company. As of 2021, Apple is the world's fourth-largest PC vendor by unit sales, and fourth-largest smartphone manufacturer. It is one of the Big Five American information technology companies, along with Amazon, Google, Microsoft, and Facebook.

Market cap$4.77T
Revenue (TTM)$466.82B
EPS (TTM)$9.05
Analyst target$323.86
P/E ratio36.09
Beta1.09

Plain-English snapshot

Quarterly revenue was higher than a year earlier (16.4%). Quarterly earnings growth was positive at 28.7%. The reported profit margin is 27.6%, meaning roughly $27.60 of profit per $100 of revenue. The reported P/E ratio is 36.1; it is most meaningful beside industry peers. A beta of 1.08 suggests the shares have historically moved about as much or less than the broader market.

Earnings trends

Reported company results across recent filing periods.

Earnings per share

Actual EPSEstimated EPS
3.12.51.91.30.7Actual EPS: $0.97Actual EPS: $2.40Actual EPS: $1.65Actual EPS: $1.57Actual EPS: $1.85Actual EPS: $2.84Actual EPS: $2.01Actual EPS: $2.02Estimated EPS: $0.95Estimated EPS: $2.34Estimated EPS: $1.62Estimated EPS: $1.43Estimated EPS: $1.77Estimated EPS: $2.67Estimated EPS: $1.94Estimated EPS: $1.88Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26

Revenue vs. earnings

RevenueNet income
143.8B107.8B71.9B35.9B0.0Sep 24 · Revenue: $94.93BSep 24 · Net income: $14.74BDec 24 · Revenue: $124.3BDec 24 · Net income: $36.33BMar 25 · Revenue: $95.36BMar 25 · Net income: $24.78BJun 25 · Revenue: $94.04BJun 25 · Net income: $23.43BSep 25 · Revenue: $102.47BSep 25 · Net income: $27.47BDec 25 · Revenue: $143.76BDec 25 · Net income: $42.1BMar 26 · Revenue: $111.18BMar 26 · Net income: $29.58BJun 26 · Revenue: $109.42BJun 26 · Net income: $29.79BSep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26

Financial performance

Income, profitability, balance-sheet strength and cash generation.

Income and profitability

Gross profitOperating incomeNet income
69.2B51.9B34.6B17.3B0.0Sep 24 · Gross profit: $43.88BSep 24 · Operating income: $29.59BSep 24 · Net income: $14.74BDec 24 · Gross profit: $58.28BDec 24 · Operating income: $42.83BDec 24 · Net income: $36.33BMar 25 · Gross profit: $44.87BMar 25 · Operating income: $29.59BMar 25 · Net income: $24.78BJun 25 · Gross profit: $43.72BJun 25 · Operating income: $28.2BJun 25 · Net income: $23.43BSep 25 · Gross profit: $48.34BSep 25 · Operating income: $32.43BSep 25 · Net income: $27.47BDec 25 · Gross profit: $69.23BDec 25 · Operating income: $50.85BDec 25 · Net income: $42.1BMar 26 · Gross profit: $54.78BMar 26 · Operating income: $35.89BMar 26 · Net income: $29.58BJun 26 · Gross profit: $54.77BJun 26 · Operating income: $35.7BJun 26 · Net income: $29.79BSep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26

Assets, liabilities and equity

AssetsLiabilitiesEquity
383.3B287.4B191.6B95.8B0.0Sep 24 · Assets: $364.98BSep 24 · Liabilities: $308.03BSep 24 · Equity: $56.95BDec 24 · Assets: $344.09BDec 24 · Liabilities: $277.33BDec 24 · Equity: $66.76BMar 25 · Assets: $331.23BMar 25 · Liabilities: $264.44BMar 25 · Equity: $66.8BJun 25 · Assets: $331.5BJun 25 · Liabilities: $265.67BJun 25 · Equity: $65.83BSep 25 · Assets: $359.24BSep 25 · Liabilities: $285.51BSep 25 · Equity: $73.73BDec 25 · Assets: $379.3BDec 25 · Liabilities: $291.11BDec 25 · Equity: $88.19BMar 26 · Assets: $371.08BMar 26 · Liabilities: $264.59BMar 26 · Equity: $106.49BJun 26 · Assets: $383.27BJun 26 · Liabilities: $275.75BJun 26 · Equity: $107.52BSep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26

Cash and debt

CashTotal debt
112.4B84.3B56.2B28.1B0.0Sep 24 · Cash: $29.94BSep 24 · Total debt: $106.63BDec 24 · Cash: $30.3BDec 24 · Total debt: $96.8BMar 25 · Cash: $28.16BMar 25 · Total debt: $98.19BJun 25 · Cash: $36.27BJun 25 · Total debt: $101.7BSep 25 · Cash: $35.93BSep 25 · Total debt: $112.38BDec 25 · Cash: $45.32BDec 25 · Total debt: $90.51BMar 26 · Cash: $36.33BMar 26 · Total debt: $84.71BJun 26 · Cash: $39.54BJun 26 · Total debt: $84.31BSep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26

Cash flow

Operating cash flowCapital expendituresFree cash flow
53.9B40.4B27.0B13.5B0.0Sep 24 · Operating cash flow: $26.81BSep 24 · Capital expenditures: $2.91BSep 24 · Free cash flow: $23.9BDec 24 · Operating cash flow: $29.94BDec 24 · Capital expenditures: $2.94BDec 24 · Free cash flow: $27BMar 25 · Operating cash flow: $23.95BMar 25 · Capital expenditures: $3.07BMar 25 · Free cash flow: $20.88BJun 25 · Operating cash flow: $27.87BJun 25 · Capital expenditures: $3.46BJun 25 · Free cash flow: $24.41BSep 25 · Operating cash flow: $29.73BSep 25 · Capital expenditures: $3.24BSep 25 · Free cash flow: $26.49BDec 25 · Operating cash flow: $53.93BDec 25 · Capital expenditures: $2.37BDec 25 · Free cash flow: $51.55BMar 26 · Operating cash flow: $28.7BMar 26 · Capital expenditures: $1.97BMar 26 · Free cash flow: $26.73BJun 26 · Operating cash flow: $34.37BJun 26 · Capital expenditures: $2.46BJun 26 · Free cash flow: $31.91BSep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26

52-week reference range

Low $234.16High $344.27
50-day average $316.47200-day average $284.35

Analyst ratings

6
19
14
3
2
Strong Buy
6
Buy
19
Hold
14
Sell
3
Strong Sell
2

Company scale

Logarithmic scale keeps very different financial totals readable.

Market capitalization
$4.77T
Revenue (TTM)
$466.82B
Gross profit (TTM)
$227.12B
EBITDA
$167.96B

Price and moving-average levels

52-week low
$234.16
200-day average
$284.35
50-day average
$316.47
Analyst target
$323.86
52-week high
$344.27

Valuation ratios

Lower or higher is not automatically better; compare with similar companies.

Trailing P/E
36.09
Forward P/E
32.26
Price / Sales
10.39
Price / Book
42.80

Per-share measures

Analyst target
323.86
Book value / share
7.36
Revenue / share
31.71
Diluted EPS
9.05
Dividend / share
1.05

Profitability and capital returns

Profit margin
27.6%
Operating margin
32.6%
Return on equity
148.8%
Return on assets
27.1%

Recent year-over-year growth

Quarterly revenue growth
16.4%
Quarterly earnings growth
28.7%

Dividends

Dividend per share
$1.05
Dividend yield
0.33%
Payout ratio
0.00%
Ex-dividend date
2026-08-10
Dividend date
2026-08-13

Ownership and short interest

Insider ownership
1.65%
Institutional ownership
66.42%
Short % of float
0.00%
Short % outstanding
0.00%
Short ratio
0
Public float
14.57B

All available company fundamentals

Complete company-overview fields returned for this ticker.

SymbolAAPL
Asset typeCommon Stock
ExchangeNASDAQ
CurrencyUSD
CountryUSA
SectorTECHNOLOGY
IndustryCONSUMER ELECTRONICS
Fiscal year endSeptember
Latest quarter2026-06-30
Market capitalization$4.77T
Revenue (TTM)$466.82B
Gross profit (TTM)$227.12B
EBITDA$167.96B
Shares outstanding14.59B
Public float14.57B
EPS$9.05
Diluted EPS (TTM)$9.05
Revenue per share$31.71
Book value per share$7.36
Dividend per share$1.05
Dividend yield0.33%
P/E ratio36.09
Trailing P/E36.09
Forward P/E32.26
PEG ratio2.48
Price / sales10.39
Price / book42.8
EV / revenue9.91
EV / EBITDA27.53
Profit margin27.60%
Operating margin32.60%
Return on assets27.10%
Return on equity148.80%
Quarterly revenue growth16.40%
Quarterly earnings growth28.70%
Analyst target$323.86
Beta1.09
52-week high$344.27
52-week low$234.16
50-day moving average$316.47
200-day moving average$284.35
Insider ownership1.65%
Institutional ownership66.42%
Dividend date2026-08-13
Ex-dividend date2026-08-10

Detailed financial statements

The latest reported values

Income statement — latest five quarters
MetricJun 26Mar 26Dec 25Sep 25Jun 25
Gross Profit54.8B54.8B69.2B48.3B43.7B
Total Revenue109.4B111.2B143.8B102.5B94.0B
Cost Of Revenue54.6B56.4B74.5B54.1B50.3B
Costof Goods And Services Sold54.6B56.4B74.5B54.1B50.3B
Operating Income35.7B35.9B50.9B32.4B28.2B
Selling General And Administrative7.3B7.5B2.1B7.0B6.7B
Research And Development11.7B11.4B10.9B8.9B8.9B
Operating Expenses19.1B18.9B18.4B15.9B15.5B
Interest ExpenseN/AN/AN/AN/A1.0M
Depreciation And Amortization3.3B3.4B3.2B3.1B2.8B
Income Before Tax36.3B35.8B51.0B32.8B28.0B
Income Tax Expense6.5B6.3B8.9B5.3B4.6B
Net Income From Continuing Operations29.8B29.6B42.1B27.5B23.4B
Ebit35.7B35.9B51.0B32.4B28.0B
Ebitda39.0B39.3B54.2B35.6B30.9B
Net Income29.8B29.6B42.1B27.5B23.4B
Balance sheet — latest five quarters
MetricJun 26Mar 26Dec 25Sep 25Jun 25
Total Assets383.3B371.1B379.3B359.2B331.5B
Total Current Assets149.8B144.1B158.1B148.0B122.5B
Cash And Cash Equivalents At Carrying Value39.5B36.3B45.3B35.9B36.3B
Cash And Short Term Investments39.5B36.3B45.3B35.9B36.3B
Inventory11.1B6.7B5.9B5.7B5.9B
Current Net Receivables58.9B53.5B70.3B73.0B46.8B
Total Non Current Assets233.4B227.0B221.2B211.3B209.0B
Property Plant EquipmentN/AN/A50.2B49.8B48.5B
Intangible Assets20.3B21.3BN/AN/AN/A
Intangible Assets Excluding Goodwill20.3B21.3BN/AN/AN/A
Long Term Investments84.1B78.1B77.9B77.7B77.6B
Short Term Investments22.9B32.2B21.6B18.8B24.9B
Other Current Assets17.4B15.3B15.0B14.6B14.4B
Total Liabilities275.7B264.6B291.1B285.5B265.7B
Total Current Liabilities149.3B134.6B162.4B165.6B141.1B
Current Accounts Payable64.5B57.3B70.6B69.9B50.4B
Short Term Debt13.0B10.3B13.8B22.4B19.3B
Total Non Current Liabilities126.4B129.9B128.7B119.9B124.5B
Long Term Debt71.3B74.4B76.7B78.3B82.4B
Current Long Term Debt13.0B10.3B13.8B20.3B19.3B
Short Long Term Debt Total84.3B84.7B90.5B112.4B101.7B
Other Current Liabilities62.3B57.7B68.5B64.3B62.5B
Other Non Current Liabilities55.1B55.5B52.1B41.5B42.1B
Total Shareholder Equity107.5B106.5B88.2B73.7B65.8B
Retained Earnings11.3B12.4B-2.2B-14.3B-17.6B
Common Stock100.7B99.5B95.2B93.6B89.8B
Common Stock Shares Outstanding14.8B14.8B14.8B15.0B14.9B
Cash-flow statement — latest five quarters
MetricJun 26Mar 26Dec 25Sep 25Jun 25
Operating Cashflow34.4B28.7B53.9B29.7B27.9B
Depreciation Depletion And Amortization3.3B3.4B3.2B3.1B2.8B
Capital Expenditures2.5B2.0B2.4B3.2B3.5B
Change In Inventory-4.4B-873.0M-211.0M177.0M365.0M
Cashflow From Investment-7.8B-6.2B-4.9B-2.6B5.1B
Cashflow From Financing-32.6B-22.3B-39.7B-27.5B-24.8B
Dividend Payout4.0B3.8B3.9B3.9B3.9B
Dividend Payout Common Stock4.0B3.8B3.9B3.9B3.9B
Proceeds From Repurchase Of Equity-25.1B-12.3B-24.7B-20.1B-21.1B
Stock Based Compensation3.4B3.5B3.6B3.2B3.2B
Net Income29.8B29.6B42.1B27.5B23.4B

Fundamental data · Updated Sep 12, 2026

How to read this company overview

Valuation ratios describe how the market prices a company relative to its earnings, sales or book value. Profitability metrics show how efficiently the business converts revenue and capital into profit. Growth figures compare the latest reported quarter with the same period one year earlier. These measures are most useful when compared with similar companies in the same industry.

Frequently asked questions

How often is company fundamental data updated?

Fundamental values generally change after new company filings, earnings releases or analyst updates. SummitOption caches each company to reduce unnecessary data requests.

Does an analyst target predict the future price?

No. It summarizes published analyst expectations and can change. It should not be treated as a guarantee or a trading signal.

Data is provided for informational and educational purposes and is not investment advice.