Non-Current Assets

PP&E (Net)

Apple PP&E (Net) decreased by 0.1% to $50.12B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.9%, from $46.88B to $50.12B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 6.3% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ2 2026May 1, 2026

How to read this metric

An increase indicates ongoing investment in physical capacity, whereas a decline may suggest aging assets or a strategy of asset-light operations.

Detailed definition

This metric represents the book value of tangible assets after subtracting accumulated depreciation from the total histo...

Peer comparison

Standard line item for all manufacturing and industrial companies; directly comparable across peers.

Metric ID: property_plant_equipment_net

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$38.62B$39.44B$39.25B$39.30B$40.34B$42.12B$42.95B$43.40B$43.55B$43.72B$43.67B$43.55B$44.50B$45.68B$46.07B$46.88B$48.51B$49.83B$50.16B$50.12B
QoQ Change+2.1%-0.5%+0.2%+2.6%+4.4%+2.0%+1.0%+0.4%+0.4%-0.1%-0.3%+2.2%+2.6%+0.9%+1.8%+3.5%+2.7%+0.7%-0.1%
YoY Change+4.5%+6.8%+9.4%+10.4%+8.0%+3.8%+1.7%+0.3%+2.2%+4.5%+5.5%+7.6%+9.0%+9.1%+8.9%+6.9%
Range$38.62B$50.16B
CAGR+5.6%
Avg YoY Growth+6.2%
Median YoY Growth+6.8%

Geographic Breakdown

View all
SegmentQ4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Other countries$3.72B$3.74B$4.66B$5.22B$5.94B
Total$39.44B$42.12B$43.72B$45.68B$49.83B

Frequently Asked Questions

What is Apple's pp&e (net)?
Apple (AAPL) reported pp&e (net) of $50.12B in Q1 2026.
How has Apple's pp&e (net) changed year-over-year?
Apple's pp&e (net) increased by 6.9% year-over-year, from $46.88B to $50.12B.
What is the long-term trend for Apple's pp&e (net)?
Over 5 years (2020 to 2025), Apple's pp&e (net) has grown at a 6.3% compound annual growth rate (CAGR), from $36.77B to $49.83B.
What does pp&e (net) mean?
The current book value of physical assets after accounting for wear and tear.