Products — Cost of Sales

Products & Services · Cost of Sales

Apple Products — Cost of Sales increased by 13.5% to $67.48B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 13.5%, from $59.45B to $67.48B. Over 4 years (FY 2021 to FY 2025), Products — Cost of Sales shows relatively stable performance with a 0.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2017
Last reportedQ4 2025

How to read this metric

An increase relative to sales suggests rising component prices or manufacturing inefficiencies, whereas a decrease indicates better economies of scale or improved supply chain optimization.

Detailed definition

This metric tracks the direct costs associated with the manufacturing and distribution of physical hardware products. It...

Peer comparison

This is equivalent to the Cost of Goods Sold (COGS) for hardware segments at other consumer electronics or original equipment manufacturers.

Metric ID: aapl_segment_products_cost_of_sales

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$40.90B$62.13B$64.31B$49.29B$41.49B$64.31B$60.77B$46.80B$39.14B$60.77B$58.44B$42.42B$39.80B$58.44B$59.45B$44.03B$43.62B$59.45B$67.48B
QoQ Change+51.9%+3.5%-23.4%-15.8%+55.0%-5.5%-23.0%-16.4%+55.3%-3.8%-27.4%-6.2%+46.8%+1.7%-25.9%-0.9%+36.3%+13.5%
YoY Change+1.4%+3.5%-5.5%-5.1%-5.7%-5.5%-3.8%-9.3%+1.7%-3.8%+1.7%+3.8%+9.6%+1.7%+13.5%
Range$39.14B$67.48B
CAGR+11.8%
Avg YoY Growth-0.1%
Median YoY Growth+1.4%
Current Streak2 quarters growth

Frequently Asked Questions

What is Apple's products — cost of sales?
Apple (AAPL) reported products — cost of sales of $67.48B in Q4 2025.
How has Apple's products — cost of sales changed year-over-year?
Apple's products — cost of sales increased by 13.5% year-over-year, from $59.45B to $67.48B.
What is the long-term trend for Apple's products — cost of sales?
Over 4 years (2021 to 2025), Apple's products — cost of sales has grown at a 0.1% compound annual growth rate (CAGR), from $213.79B to $214.58B.
What does products — cost of sales mean?
The direct expenses paid to manufacture and ship physical products to customers.

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