Current Assets

Inventories

Apple Inventories increased by 14.8% to $6.75B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.6%, from $6.27B to $6.75B. Over 5 years (FY 2020 to FY 2025), Inventories shows an upward trend with a 7.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ2 2026May 1, 2026

How to read this metric

Rising inventory relative to sales may indicate slowing demand or overproduction, while declining inventory may signal strong sales or supply constraints.

Detailed definition

The aggregate value of all raw materials, work-in-progress, and finished goods held by the company. This metric is a cri...

Peer comparison

Benchmark against inventory turnover ratios of peer healthcare and consumer goods companies.

Metric ID: inventories

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$5.18B$6.58B$5.88B$5.46B$5.43B$4.95B$6.82B$7.48B$7.35B$6.33B$6.51B$6.23B$6.17B$7.29B$6.91B$6.27B$5.93B$5.72B$5.88B$6.75B
QoQ Change+27.1%-10.7%-7.1%-0.5%-9.0%+37.9%+9.7%-1.8%-13.9%+2.8%-4.3%-1.1%+18.2%-5.1%-9.3%-5.5%-3.5%+2.7%+14.8%
YoY Change+4.9%-24.8%+16.1%+37.0%+35.3%+28.0%-4.5%-16.7%-16.1%+15.1%+6.1%+0.6%-3.9%-21.5%-15.0%+7.6%
Range$4.95B$7.48B
CAGR+5.7%
Avg YoY Growth+3.0%
Median YoY Growth+2.8%
Current Streak2 quarters growth

Frequently Asked Questions

What is Apple's inventories?
Apple (AAPL) reported inventories of $6.75B in Q1 2026.
How has Apple's inventories changed year-over-year?
Apple's inventories increased by 7.6% year-over-year, from $6.27B to $6.75B.
What is the long-term trend for Apple's inventories?
Over 5 years (2020 to 2025), Apple's inventories has grown at a 7.1% compound annual growth rate (CAGR), from $4.06B to $5.72B.
What does inventories mean?
The total value of all goods held for production or sale.