$AAPL
Apple Inc.
CIK:0000320193|SEC Filings
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Millions |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Jun. 27, 2026 |
Jun. 28, 2025 |
Jun. 27, 2026 |
Jun. 28, 2025 |
|
| Net sales | $ 109,417 | $ 94,036 | $ 364,357 | $ 313,695 |
| Cost of sales | 54,647 | 50,318 | 185,575 | 166,835 |
| Gross margin | 54,770 | 43,718 | 178,782 | 146,860 |
| Operating expenses: | ||||
| Research and development | 11,729 | 8,866 | 34,035 | 25,684 |
| Selling, general and administrative | 7,346 | 6,650 | 22,315 | 20,553 |
| Total operating expenses | 19,075 | 15,516 | 56,350 | 46,237 |
| Operating income | 35,695 | 28,202 | 122,432 | 100,623 |
| Other income/(expense), net | 572 | (171) | 670 | (698) |
| Income before provision for income taxes | 36,267 | 28,031 | 123,102 | 99,925 |
| Provision for income taxes | 6,478 | 4,597 | 21,638 | 15,381 |
| Net income | $ 29,789 | $ 23,434 | $ 101,464 | $ 84,544 |
| Earnings per share: | ||||
| Basic (in dollars per share) | $ 2.03 | $ 1.57 | $ 6.91 | $ 5.64 |
| Diluted (in dollars per share) | $ 2.02 | $ 1.57 | $ 6.88 | $ 5.62 |
| Shares used in computing earnings per share: | ||||
| Basic (in shares) | 14,656,110 | 14,902,886 | 14,692,515 | 14,992,898 |
| Diluted (in shares) | 14,714,676 | 14,948,179 | 14,750,302 | 15,051,726 |
| Products | ||||
| Net sales | $ 78,678 | $ 66,613 | $ 272,629 | $ 233,287 |
| Cost of sales | 47,153 | 43,620 | 163,810 | 147,097 |
| Services | ||||
| Net sales | 30,739 | 27,423 | 91,728 | 80,408 |
| Cost of sales | $ 7,494 | $ 6,698 | $ 21,765 | $ 19,738 |