{ "ticker": "AAPL", "cik": "0000320193", "company": "Apple Inc.", "business_type": "Consumer electronics / technology hardware + services (standard industrial-tech schema: product & services revenue split, geographic segments)", "reporting_currency": "USD", "converted_to_usd": false, "units": "actual dollars (not millions); per-share figures are as reported; share counts are actual shares (statement 'thousands' multiplied out)", "schema_choice": "Standard industrial/tech template: revenue (with product vs services split), cost of revenue, gross profit, operating income, net income, diluted EPS, diluted weighted shares; balance sheet cash/marketable securities, total debt, total assets, total equity; cash flow operating/capex/FCF/dividends. Added Apple-specific product-category and geographic-segment revenue mix.", "units_notes_seen": { "FY2025 10-K income statement": "In millions, except number of shares, which are reflected in thousands, and per-share amounts", "FY2025 10-K comprehensive income": "In millions", "FY2025 10-K balance sheet": "In millions, except number of shares, which are reflected in thousands, and par value", "FY2025 10-K statement of shareholders' equity": "In millions, except per-share amounts", "FY2025 10-K cash flow statement": "In millions", "FY2025 10-K segment/category net sales tables": "dollars in millions", "FY2025 10-K EPS note": "net income in millions and shares in thousands", "Q2 FY2026 10-Q income statement": "In millions, except number of shares, which are reflected in thousands, and per-share amounts", "Q2 FY2026 10-Q balance sheet": "In millions, except number of shares, which are reflected in thousands, and par value", "Q2 FY2026 10-Q cash flow statement": "In millions", "Q2 FY2026 10-Q revenue/segment notes": "in millions" }, "adjustments": { "splits_applied": "None needed. reference.json shows a single 4:1 forward split dated 2020-08-31. All periods reported here (FY2023-FY2025 and Q2 FY2026) are post-split; EPS and share counts are taken as reported in the filings, which are already split-adjusted for this window.", "adr_ratio": null, "fx": "None. Domestic filer, reports in USD; converted_to_usd=false." }, "definitions": { "total_debt": "Commercial paper + current portion of term debt + non-current term debt (Apple carries no other interest-bearing borrowings on the face of the balance sheet).", "free_cash_flow": "Cash generated by operating activities minus payments for acquisition of property, plant and equipment (capex). Apple reports no separate capitalized-software line.", "diluted_shares": "Weighted-average diluted shares used in computing diluted EPS (from the income statement / EPS note)." }, "annual": [ { "fiscal_year": 2025, "period_end": "2025-09-27", "fiscal_weeks": 52, "source_accession": "0000320193-25-000079", "income_statement": { "revenue": 416161000000, "product_revenue": 307003000000, "services_revenue": 109158000000, "cost_of_revenue": 220960000000, "gross_profit": 195201000000, "research_and_development": 34550000000, "selling_general_administrative": 27601000000, "total_operating_expenses": 62151000000, "operating_income": 133050000000, "other_income_expense_net": -321000000, "pretax_income": 132729000000, "income_tax_provision": 20719000000, "net_income": 112010000000, "eps_basic": 7.49, "eps_diluted": 7.46, "basic_shares": 14948500000, "diluted_shares": 15004697000 }, "balance_sheet": { "cash_and_equivalents": 35934000000, "marketable_securities_current": 18763000000, "marketable_securities_noncurrent": 77723000000, "total_cash_and_marketable_securities": 132420000000, "property_plant_equipment_net": 49834000000, "total_assets": 359241000000, "commercial_paper": 7979000000, "term_debt_current": 12350000000, "term_debt_noncurrent": 78328000000, "total_debt": 98657000000, "total_liabilities": 285508000000, "total_equity": 73733000000 }, "cash_flow": { "operating_cash_flow": 111482000000, "capex": 12715000000, "free_cash_flow": 98767000000, "depreciation_amortization": 11698000000, "share_based_compensation": 12863000000, "dividends_paid": 15421000000, "share_repurchases": 90711000000 }, "revenue_by_category": { "iPhone": 209586000000, "Mac": 33708000000, "iPad": 28023000000, "Wearables_Home_and_Accessories": 35686000000, "Services": 109158000000 }, "revenue_by_geography": { "Americas": 178353000000, "Europe": 111032000000, "Greater_China": 64377000000, "Japan": 28703000000, "Rest_of_Asia_Pacific": 33696000000 }, "dividends_declared_per_share": 1.02 }, { "fiscal_year": 2024, "period_end": "2024-09-28", "fiscal_weeks": 52, "source_accession": "0000320193-25-000079", "income_statement": { "revenue": 391035000000, "product_revenue": 294866000000, "services_revenue": 96169000000, "cost_of_revenue": 210352000000, "gross_profit": 180683000000, "research_and_development": 31370000000, "selling_general_administrative": 26097000000, "total_operating_expenses": 57467000000, "operating_income": 123216000000, "other_income_expense_net": 269000000, "pretax_income": 123485000000, "income_tax_provision": 29749000000, "net_income": 93736000000, "eps_basic": 6.11, "eps_diluted": 6.08, "basic_shares": 15343783000, "diluted_shares": 15408095000 }, "balance_sheet": { "cash_and_equivalents": 29943000000, "marketable_securities_current": 35228000000, "marketable_securities_noncurrent": 91479000000, "total_cash_and_marketable_securities": 156650000000, "property_plant_equipment_net": 45680000000, "total_assets": 364980000000, "commercial_paper": 9967000000, "term_debt_current": 10912000000, "term_debt_noncurrent": 85750000000, "total_debt": 106629000000, "total_liabilities": 308030000000, "total_equity": 56950000000 }, "cash_flow": { "operating_cash_flow": 118254000000, "capex": 9447000000, "free_cash_flow": 108807000000, "depreciation_amortization": 11445000000, "share_based_compensation": 11688000000, "dividends_paid": 15234000000, "share_repurchases": 94949000000 }, "revenue_by_category": { "iPhone": 201183000000, "Mac": 29984000000, "iPad": 26694000000, "Wearables_Home_and_Accessories": 37005000000, "Services": 96169000000 }, "revenue_by_geography": { "Americas": 167045000000, "Europe": 101328000000, "Greater_China": 66952000000, "Japan": 25052000000, "Rest_of_Asia_Pacific": 30658000000 }, "dividends_declared_per_share": 0.98 }, { "fiscal_year": 2023, "period_end": "2023-09-30", "fiscal_weeks": 53, "source_accession": "0000320193-25-000079", "income_statement": { "revenue": 383285000000, "product_revenue": 298085000000, "services_revenue": 85200000000, "cost_of_revenue": 214137000000, "gross_profit": 169148000000, "research_and_development": 29915000000, "selling_general_administrative": 24932000000, "total_operating_expenses": 54847000000, "operating_income": 114301000000, "other_income_expense_net": -565000000, "pretax_income": 113736000000, "income_tax_provision": 16741000000, "net_income": 96995000000, "eps_basic": 6.16, "eps_diluted": 6.13, "basic_shares": 15744231000, "diluted_shares": 15812547000 }, "balance_sheet": { "note": "Balance sheet not presented for FY2023 in the FY2025 10-K (only FY2025 and FY2024 columns shown). Omitted rather than sourced from an undownloaded filing." }, "cash_flow": { "operating_cash_flow": 110543000000, "capex": 10959000000, "free_cash_flow": 99584000000, "depreciation_amortization": 11519000000, "share_based_compensation": 10833000000, "dividends_paid": 15025000000, "share_repurchases": 77550000000 }, "revenue_by_category": { "iPhone": 200583000000, "Mac": 29357000000, "iPad": 28300000000, "Wearables_Home_and_Accessories": 39845000000, "Services": 85200000000 }, "revenue_by_geography": { "Americas": 162560000000, "Europe": 94294000000, "Greater_China": 72559000000, "Japan": 24257000000, "Rest_of_Asia_Pacific": 29615000000 }, "dividends_declared_per_share": 0.94 } ], "quarterly": [ { "label": "Q2 FY2026 (three months ended)", "period_type": "three_months", "period_end": "2026-03-28", "fiscal_year": 2026, "fiscal_quarter": "Q2", "source_accession": "0000320193-26-000013", "income_statement": { "revenue": 111184000000, "product_revenue": 80208000000, "services_revenue": 30976000000, "cost_of_revenue": 56403000000, "gross_profit": 54781000000, "research_and_development": 11419000000, "selling_general_administrative": 7477000000, "total_operating_expenses": 18896000000, "operating_income": 35885000000, "other_income_expense_net": -52000000, "pretax_income": 35833000000, "income_tax_provision": 6255000000, "net_income": 29578000000, "eps_basic": 2.02, "eps_diluted": 2.01, "basic_shares": 14673278000, "diluted_shares": 14725873000 }, "balance_sheet": { "as_of": "2026-03-28", "cash_and_equivalents": 45572000000, "marketable_securities_current": 22935000000, "marketable_securities_noncurrent": 78088000000, "total_cash_and_marketable_securities": 146595000000, "accounts_receivable_net": 30339000000, "inventories": 6747000000, "property_plant_equipment_net": 50116000000, "intangible_assets_net": 21334000000, "total_assets": 371082000000, "commercial_paper": 1997000000, "term_debt_current": 8310000000, "term_debt_noncurrent": 74404000000, "total_debt": 84711000000, "total_liabilities": 264591000000, "total_equity": 106491000000, "shares_issued_and_outstanding": 14667688000 }, "revenue_by_category": { "iPhone": 56994000000, "Mac": 8399000000, "iPad": 6914000000, "Wearables_Home_and_Accessories": 7901000000, "Services": 30976000000 }, "revenue_by_geography": { "Americas": 45093000000, "Europe": 28055000000, "Greater_China": 20497000000, "Japan": 8401000000, "Rest_of_Asia_Pacific": 9138000000 }, "dividends_declared_per_share": 0.26, "cash_flow_note": "The 10-Q cash flow statement is presented on a six-month year-to-date basis only; standalone Q2 operating cash flow / capex are not separately disclosed. See the six-months YTD entry." }, { "label": "H1 FY2026 (six months ended, year-to-date)", "period_type": "six_months", "period_end": "2026-03-28", "fiscal_year": 2026, "source_accession": "0000320193-26-000013", "income_statement": { "revenue": 254940000000, "product_revenue": 193951000000, "services_revenue": 60989000000, "cost_of_revenue": 130928000000, "gross_profit": 124012000000, "research_and_development": 22306000000, "selling_general_administrative": 14969000000, "total_operating_expenses": 37275000000, "operating_income": 86737000000, "other_income_expense_net": 98000000, "pretax_income": 86835000000, "income_tax_provision": 15160000000, "net_income": 71675000000, "eps_basic": 4.87, "eps_diluted": 4.85, "basic_shares": 14710718000, "diluted_shares": 14768115000 }, "cash_flow": { "operating_cash_flow": 82627000000, "capex": 4344000000, "free_cash_flow": 78283000000, "depreciation_amortization": 6653000000, "share_based_compensation": 7122000000, "dividends_paid": 7743000000, "share_repurchases": 36989000000 }, "revenue_by_category": { "iPhone": 142263000000, "Mac": 16785000000, "iPad": 15509000000, "Wearables_Home_and_Accessories": 19394000000, "Services": 60989000000 }, "dividends_declared_per_share": 0.52 }, { "label": "Q2 FY2025 (three months ended, prior-year comparative)", "period_type": "three_months", "period_end": "2025-03-29", "fiscal_year": 2025, "fiscal_quarter": "Q2", "source_accession": "0000320193-26-000013", "income_statement": { "revenue": 95359000000, "product_revenue": 68714000000, "services_revenue": 26645000000, "cost_of_revenue": 50492000000, "gross_profit": 44867000000, "research_and_development": 8550000000, "selling_general_administrative": 6728000000, "total_operating_expenses": 15278000000, "operating_income": 29589000000, "other_income_expense_net": -279000000, "pretax_income": 29310000000, "income_tax_provision": 4530000000, "net_income": 24780000000, "eps_basic": 1.65, "eps_diluted": 1.65, "basic_shares": 14994082000, "diluted_shares": 15056133000 }, "revenue_by_geography": { "Americas": 40315000000, "Europe": 24454000000, "Greater_China": 16002000000, "Japan": 7298000000, "Rest_of_Asia_Pacific": 7290000000 } }, { "label": "H1 FY2025 (six months ended, prior-year comparative)", "period_type": "six_months", "period_end": "2025-03-29", "fiscal_year": 2025, "source_accession": "0000320193-26-000013", "income_statement": { "revenue": 219659000000, "product_revenue": 166674000000, "services_revenue": 52985000000, "cost_of_revenue": 116517000000, "gross_profit": 103142000000, "operating_income": 72421000000, "pretax_income": 71894000000, "income_tax_provision": 10784000000, "net_income": 61110000000, "eps_basic": 4.06, "eps_diluted": 4.05, "basic_shares": 15037903000, "diluted_shares": 15103499000 }, "cash_flow": { "operating_cash_flow": 53887000000, "capex": 6011000000, "free_cash_flow": 47876000000, "depreciation_amortization": 5741000000, "dividends_paid": 7614000000, "share_repurchases": 49504000000 } } ], "notes": [ "All figures taken directly from the raw 10-K (accession 0000320193-25-000079, FY2025, filed 2025-10-31) and 10-Q (accession 0000320193-26-000013, Q2 FY2026, filed 2026-05-01) HTML statements; facts.json was not relied upon for any figure. No disagreements requiring a facts.json override arose.", "Money line items are reported in ACTUAL DOLLARS (statement 'in millions' figures multiplied by 1e6). Share counts are in ACTUAL SHARES (statement 'thousands' multiplied by 1e3). Per-share figures (EPS, dividends) are as reported.", "total_debt = commercial paper + current term debt + non-current term debt. FY2025 = 7,979 + 12,350 + 78,328 = 98,657M; FY2024 = 9,967 + 10,912 + 85,750 = 106,629M; Q2 FY2026 = 1,997 + 8,310 + 74,404 = 84,711M. commercial paper.", "Free cash flow = operating cash flow - capex (payments for acquisition of PP&E). Apple discloses no separate capitalized-software line, so no ADDALL adjustment was needed. FY2025 FCF = 111,482 - 12,715 = 98,767M.", "diluted_shares is the weighted-average diluted share count from the income statement / EPS note. FY2025 weighted diluted = 15,004,697K (~15.0B). Note this is HIGHER than shares issued & outstanding at the Q2 FY2026 balance-sheet date (14,667,688K, ~14.67B) because of continued heavy buybacks; the falling share count is expected, not an error.", "Share-scale self-checks pass: FY2025 net income 112,010M / diluted EPS 7.46 = 15,015M shares ~ 15,004,697K reported. Q2 FY2026 29,578M / 2.01 = 14,715M shares ~ 14,725,873K reported. No 1000x scale error.", "Consistent.", "FY2023 was a 53-week fiscal year; FY2024, FY2025, and FY2026 are 52-week years (per 10-K/10-Q Note 1). This slightly inflates FY2023 comparability.", "The FY2025 10-K balance sheet presents only FY2025 and FY2024 columns; no FY2023 balance sheet is available in the downloaded filings, so FY2023 balance_sheet fields are intentionally omitted.", "The Q2 FY2026 10-Q cash flow statement is six-month year-to-date only. Standalone Q2 FY2026 operating cash flow, capex, and FCF are therefore not separately disclosed and are not fabricated; the six-month YTD figures are provided in a dedicated entry.", "New in Q2 FY2026 balance sheet: an 'Intangible assets, net' line of 21,334M appeared (11,093M at 2025-09-27, reclassified from Other non-current assets), a notable jump. It is captured but its driver is not explained on the statement face." ], "uncertainties": [ "total_debt definition is a judgment call: I include commercial paper with term debt. If the audit prefers term-debt-only, FY2025 would be 90,678M (12,350 + 78,328), FY2024 96,662M, Q2 FY2026 82,714M. The commercial-paper-inclusive figure is what matches the reference.json aggregator anchor.", "Standalone Q2 FY2026 cash-flow metrics (OCF/capex/FCF) are not in the filing (6-month YTD only) and are left out deliberately - flagged in case downstream expected a single-quarter cash flow.", "FY2023 balance-sheet, total-debt, cash, and equity figures are absent because the FY2025 10-K does not present a FY2023 balance sheet and no older filing was downloaded." ], "company_details": { "Name": "Apple Inc.", "Ticker": "AAPL", "CIK": "0000320193", "Exchange": "Nasdaq", "State": "California", "Incorporation": "California", "SIC": "3571", "Office": "Technology", "Industry": "Electronic Computers" }, "next_filing": { "predicted_date": "2026-07-29", "predicted_type": "10-Q" }, "fiscal_period": { "fiscal_year": 2026, "fiscal_period": "Q2", "tag": "FY26Q2", "period_end": "2026-03-28", "form": "10-Q", "accession": "0000320193-26-000013", "fiscal_year_end": "0926", "source": "facts" } }