Skip to content

Apple AAPL Q3 2025 earnings

Reported July 31, 2025 · After market close

Revenue estimate$89.6B
EPS estimate$1.44

Next report

Jul 30, 2026 (In 3 weeks)
Revenue estimate$108.86B
EPS estimate$1.88

Financials

Q3 2025

Income statement

See full
Revenue$94.0B+9.6%
Gross profit$43.7B+10.2%
Operating income$28.2B+11.2%
Net income$23.4B+9.3%
EPS (diluted)$1.57+12.1%

Balance sheet

See full
Cash & equivalents$36.3B+36.2%
Total debt$91.8B-6.6%
Total equity$65.8B-1.3%
Total assets$331.50B0.0%

Cash flow

See full
Operating cash flow$27.9B-3.4%
CapEx$3.5B+60.9%
Free cash flow$24.4B-8.6%

Valuation & ratios

Valuation

as of 06/28/25
See full
Market cap$2.99T-7.4%
Enterprise value$3.05T-7.7%
P/E30.1×-1.5×
P/S7.3×-1.1×

Profitability

See full
Gross margin46.7%+0.7pp
Operating margin31.9%+0.6pp
Net margin24.3%-2.1pp
FCF margin23.5%-3.5pp

Returns & leverage

See full
Return on equity149.8%-10.8pp
Debt / equity1.4×-0.1×
Current ratio0.9×-0.1×

Segments

By segment

See full
Americas$41.2B+9.3%
Europe$24.0B+9.7%
Greater China$15.4B+4.4%
Rest of Asia Pacific$7.7B+20.1%
Japan$5.8B+13.4%

By product

See full
iPhone$44.6B+13.5%
Services$27.4B+13.3%
Mac$8.0B+14.8%
Wearables, Home and Accessories$7.4B-8.6%
iPad$6.6B-8.1%

By geography

See full
Other countries$50.0B+10.0%

Versus estimates

Ask the moment Apple reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did Apple report Q3 2025 earnings?
Apple (AAPL) reported Q3 2025 earnings on July 31, 2025 after market close.
What were Apple's Q3 2025 revenue and EPS?
Apple reported revenue of $94.0B and diluted EPS of $1.57 for Q3 2025.
Did Apple beat estimates in Q3 2025?
Revenue beat the consensus estimate of $89.6B by $4.5B. EPS beat the consensus estimate of $1.44 by $0.13.
How did Apple's Q3 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 9.6% from $85.8B a year earlier and diluted EPS grew 12.1% from $1.40.
Where can I find Apple's Q3 2025 SEC filings?
You can read the 8-K earnings release (0000320193-25-000071) and the 10-Q periodic report (0000320193-25-000073) directly on SEC EDGAR. The filing index links above go to sec.gov.