Apple Inc.

AAPL · CIK 0000320193

19 fiscal years · 71 SEC filings · every number carries its receipt

Revenue (FY)

$416.16B6.4%

FY2025

Net income (FY)

$112.01B19.5%

FY2025

Free cash flow (FY)

$98.77B9.2%

FY2025

Diluted EPS (FY)

$7.4622.7%

FY2025

The story, charted

The shape of the business

FY2007–FY2025 · hover any year for its receipt

Revenue & net incomeRevenueNet income

revenue 17.3× since FY2007 · net margin 14.6% → 26.9%

MarginsNet marginFCF margin

FY2025: net 26.9% · free cash flow 23.7% of revenue

Cash engineOperating cash flowFree cash flow

FY2025: $111.48B operating cash − $12.71B capex = $98.77B free cash flow

Returns on capitalReturn on equityReturn on assets

return on equity 29% (FY2008) → 152% (FY2025) · on assets 31.2%

Balance sheetLiabilitiesEquity

FY2025: $359.24B assets · $285.51B liabilities · $73.73B equity

The receipts

Financial statements

Annual Quarterly (as reported)

USD in millions except per-share and share counts. Every value links to the filing it came from — hover for the us-gaap tag, click for the 10-K/10-Q on sec.gov.

USD millions	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014
Revenue	416,161	391,035	383,285	394,328	365,817	274,515	260,174	265,595	229,234	215,639	233,715	182,795
Net income	112,010	93,736	96,995	99,803	94,680	57,411	55,256	59,531	48,351	45,687	53,394	39,510
Diluted EPS	7.46	6.08	6.13	6.11	5.61	3.28	2.97	2.98	9.21	8.31	9.22	6.45
Diluted shares	15,005	15,408	15,813	16,326	16,865	17,528	18,596	20,000	5,252	5,500	5,793	6,123
Operating cash flow	111,482	118,254	110,543	122,151	104,038	80,674	69,391	77,434	64,225	66,231	81,266	59,713
Capital expenditures	12,715	9,447	10,959	10,708	11,085	7,309	10,495	13,313	12,451	12,734	11,247	9,571
Free cash flow	98,767	108,807	99,584	111,443	92,953	73,365	58,896	64,121	51,774	53,497	70,019	50,142
Cash & equivalents	35,934	29,943	29,965	23,646	34,940	38,016	48,844	25,913	20,289	20,484	21,120	13,844
Total assets	359,241	364,980	352,583	352,755	351,002	323,888	338,516	365,725	375,319	321,686	290,345	231,839
Total liabilities	285,508	308,030	290,437	302,083	287,912	258,549	248,028	258,578	241,272	193,437	170,990	120,292
Shareholders' equity	73,733	56,950	62,146	50,672	63,090	65,339	90,488	107,147	134,047	128,249	119,355	111,547

Figures as reported in SEC filings, normalized by stonks with the tag mapping shown on hover; missing tags render as “—”, never as zero. Free cash flow is derived (operating cash flow − capex) with both parents recorded in its lineage. See methodology.