What is Apple's greater china — cost of sales?

Apple (AAPL) reported greater china — cost of sales of $10.63B in Q1 2026.

How has Apple's greater china — cost of sales changed year-over-year?

Apple's greater china — cost of sales increased by 20.9% year-over-year, from $8.79B to $10.63B.

What does greater china — cost of sales mean?

The direct costs associated with producing and delivering products and services specifically for the Greater China market. This includes manufacturing expenses, component costs, inbound freight, and royalty expenses attributed to regional sales. It is a key component in determining the regional gross margin and reflects the efficiency of the supply chain serving this geography.

Apple (AAPL) Greater China — Cost of Sales

Screener

Other segment segments

Americas

$23.11B+9.6%

Europe

$13.76B+5.6%

Rest of Asia Pacific

$4.63B+16.7%

Japan

$4.27B+18.2%

Similar metrics at other companies

MGMMGM China — Cost of Sales

$30.36M+11.0%

BROSLabor costs — Cost of Sales

$129.46M+27.8%

TGTMerchandising Cost of Sales — Cost of Sales

$16.28B+6.0%

CHEFFood Processing Costs — Cost of Sales

$15.45M-6.5%

BROSOccupancy & other costs — Cost of Sales

$83.09M+38.5%

BROSPre-opening costs — Cost of Sales

$8.41M+85.1%

Other financials

Income statement

See full

Revenue$109.42B+16.4%

Gross profit$54.8B+25.3%

Operating income$35.7B+26.6%

Net income$29.8B+27.1%

EPS (diluted)$2.02+28.7%

Balance sheet

See full

Cash & equivalents$39.5B+9.0%

Total debt$82.3B-10.3%

Total equity$107.52B+63.3%

Total assets$383.27B+15.6%

Cash flow

See full

Operating cash flow$34.4B+23.3%

CapEx$2.5B-29.1%

Free cash flow$31.9B+30.8%

Valuation

See full

Market cap$4.54T+43.4%

Enterprise value$4.58T+42.3%

P/E35.2×+3.3×

P/S9.7×+2.0×

Profitability

See full

Gross margin48.7%+2.0pp

Operating margin33.2%+1.3pp

Net margin27.6%+3.3pp

FCF margin29.3%+5.7pp

Returns & leverage

See full

Return on equity148.8%-1.1pp

Debt / equity0.8×-0.6×

Current ratio1×+0.1×

Where this comes from

Reported directly by Apple in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: Apple’s 10-Q, filed May 1, 2026.

Filed: May 1, 2026, 6:01 AM EDT
Fiscal quarter: Q2 FY2026
Calendar quarter: Q1 2026
Accession: 0000320193-26-000013

Line item	Americas	Europe	Greater China	Japan	Rest of Asia Pacific	Corporate	Total
Net sales	$45,093	$28,055	$20,497	$8,401	$9,138	—	$111,184
Cost of sales	(23,114)	(13,756)	(10,633)	(4,267)	(4,633)	—	(56,403)
Research and development	—	—	—	—	—	(11,419)	(11,419)
Selling and marketing	(2,606)	(1,247)	(675)	(295)	(378)	—	(5,201)
General and administrative	—	—	—	—	—	(2,276)	(2,276)
Operating income/(loss)	$19,373	$13,052	$9,189	$3,839	$4,127	$(13,695)	$35,885
	Three Months Ended March 29, 2025
	Americas	Europe	GreaterChina	Japan	Rest ofAsia Pacific	Corporate	Total

Item 1. Financial Statements

FAQ

What is Apple's greater china — cost of sales?: Apple (AAPL) reported greater china — cost of sales of $10.63B in Q1 2026.
How has Apple's greater china — cost of sales changed year-over-year?: Apple's greater china — cost of sales increased by 20.9% year-over-year, from $8.79B to $10.63B.
What does greater china — cost of sales mean?: The direct costs associated with producing and delivering products and services specifically for the Greater China market. This includes manufacturing expenses, component costs, inbound freight, and royalty expenses attributed to regional sales. It is a key component in determining the regional gross margin and reflects the efficiency of the supply chain serving this geography.