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Apple AAPL Greater China — Operating Income

Other segment segments

Americas
$19.37B+15.5%
Europe
$13.05B+26.5%
Rest of Asia Pacific
$4.13B+38.2%
Japan
$3.84B+11.8%

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LULUChina Mainland — Operating Income (Loss)
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$100.59M+54.3%
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VTRSGreater China — Segment profit
$392.43M+11.8%
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MTDChinese Operations Segment — Segment Profit Information
$84.88M+11.7%

Other financials

Income statement

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Revenue$111.18B+16.6%
Gross profit$54.8B+22.1%
Operating income$35.9B+21.3%
Net income$29.6B+19.4%
EPS (diluted)$2.01+21.8%

Balance sheet

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Cash & equivalents$45.6B+61.8%
Total debt$82.7B-10.3%
Total equity$106.49B+59.4%
Total assets$371.08B+12.0%

Cash flow

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Operating cash flow$28.7B+19.8%
CapEx$2.0B-35.8%
Free cash flow$26.7B+28.0%

Valuation

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Market cap$4.38T+11.7%
Enterprise value$4.41T+10.6%
P/E35.7×-4.6×
P/S9.7×-0.1×

Profitability

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Gross margin47.9%+1.2pp
Operating margin32.6%+0.8pp
Net margin27.2%+2.9pp
FCF margin28.6%+4.0pp

Returns & leverage

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Return on equity141.5%+3.5pp
Debt / equity0.8×-0.6×
Current ratio1.1×+0.2×

Where this comes from

Reported directly by Apple in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: Apple’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Apple's greater china — operating income?
Apple (AAPL) reported greater china — operating income of $9.19B in Q1 2026.
How has Apple's greater china — operating income changed year-over-year?
Apple's greater china — operating income increased by 38.7% year-over-year, from $6.63B to $9.19B.
What is the long-term trend for Apple's greater china — operating income?
Over 4 years (2021 to 2025), Apple's greater china — operating income has grown at a -1.4% compound annual growth rate (CAGR), from $28.5B to $26.92B.
What does greater china — operating income mean?
The profit the company makes in Greater China after paying for the products and the costs of running the business in that region.
How do you interpret greater china — operating income?
Increasing operating income signals strong pricing power and disciplined cost management, while a decline suggests margin compression or rising operational overhead.
How does greater china — operating income compare across companies?
Similar to Segment Operating Profit or EBIT by geography reported by large-cap multinational corporations.