Tax

Income Tax

Apple Income Tax decreased by 29.8% to $6.26B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 38.1%, from $4.53B to $6.26B. Over 4 years (FY 2021 to FY 2025), Income Tax shows an upward trend with a 9.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionTax
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ2 2026May 1, 2026

How to read this metric

An increase relative to pre-tax income may signal a higher effective tax rate or changes in tax legislation, while a decrease may indicate tax benefits or lower jurisdictional rates.

Detailed definition

Represents the total provision for income taxes recognized by the company during the reporting period, including both cu...

Peer comparison

Highly dependent on the company's geographic footprint and tax planning strategies compared to peers.

Metric ID: income_tax_expense

Historical Data

20 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Value$2.63B$2.70B$6.61B$5.13B$3.62B$3.94B$5.63B$4.22B$2.85B$4.04B$6.41B$4.42B$4.05B$14.87B$6.25B$4.53B$4.60B$5.34B$8.91B$6.26B
QoQ Change+2.7%+145.1%-22.4%-29.3%+8.6%+42.9%-24.9%-32.4%+41.7%+58.5%-31.0%-8.5%+267.6%-58.0%-27.6%+1.5%+16.1%+66.8%-29.8%
YoY Change+38.1%+45.9%-14.9%-17.7%-21.3%+2.7%+13.9%+4.7%+41.9%+268.0%-2.4%+2.4%+13.6%-64.1%+42.4%+38.1%
Range$2.63B$14.87B
CAGR+20.1%
Avg YoY Growth+24.5%
Median YoY Growth+9.2%

Frequently Asked Questions

What is Apple's income tax?
Apple (AAPL) reported income tax of $6.26B in Q1 2026.
How has Apple's income tax changed year-over-year?
Apple's income tax increased by 38.1% year-over-year, from $4.53B to $6.26B.
What is the long-term trend for Apple's income tax?
Over 4 years (2021 to 2025), Apple's income tax has grown at a 9.3% compound annual growth rate (CAGR), from $14.53B to $20.72B.
What does income tax mean?
The total amount of income tax the company is required to pay on its earnings.