Operating Expenses

R&D

Apple R&D increased by 4.9% to $11.42B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 33.6%, from $8.55B to $11.42B. Over 4 years (FY 2021 to FY 2025), R&D shows an upward trend with a 12.1% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2014
Last reportedQ2 2026May 1, 2026

How to read this metric

Higher spending signals a commitment to innovation and future product launches, whereas significant cuts may indicate a shift toward short-term profitability.

Detailed definition

Research and development expenses represent the costs incurred to discover new products, improve existing technologies,...

Peer comparison

Highly comparable across pharmaceutical and medical device peers, where R&D intensity is a key metric for long-term valuation.

Metric ID: research_and_development

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$5.72B$5.77B$6.31B$6.39B$6.80B$6.76B$7.71B$7.46B$7.44B$7.31B$7.70B$7.90B$8.01B$7.77B$8.27B$8.55B$8.87B$8.87B$10.89B$11.42B
QoQ Change+1.0%+9.3%+1.3%+6.4%-0.5%+14.0%-3.3%-0.2%-1.8%+5.3%+2.7%+1.3%-3.0%+6.5%+3.4%+3.7%+0.0%+22.8%+4.9%
YoY Change+18.9%+17.1%+22.2%+16.8%+9.5%+8.1%-0.2%+6.0%+7.6%+6.3%+7.4%+8.2%+10.7%+14.2%+31.7%+33.6%
Range$5.72B$11.42B
CAGR+15.7%
Avg YoY Growth+13.6%
Median YoY Growth+10.1%
Current Streak6 quarters growth

Frequently Asked Questions

What is Apple's r&d?
Apple (AAPL) reported r&d of $11.42B in Q1 2026.
How has Apple's r&d changed year-over-year?
Apple's r&d increased by 33.6% year-over-year, from $8.55B to $11.42B.
What is the long-term trend for Apple's r&d?
Over 4 years (2021 to 2025), Apple's r&d has grown at a 12.1% compound annual growth rate (CAGR), from $21.91B to $34.55B.
What does r&d mean?
The money spent on creating new products or improving existing ones to drive future growth.