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Apple AAPL iPhone — Net Sales

Other product segments

Services
$30.98B+16.3%
Mac
$8.4B+5.7%
Wearables, Home and Accessories
$7.9B+5.0%
iPad
$6.91B+8.0%

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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$4.04T+34.6%
Enterprise value$4.08T+33.0%
P/E33×+2.1×
P/S9×+1.5×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 iphone — net sales?
Apple (AAPL) reported iphone — net sales of $56.99B in Q1 2026.
How has Apple's iphone — net sales changed year-over-year?
Apple's iphone — net sales increased by 21.7% year-over-year, from $46.84B to $56.99B.
What is the long-term trend for Apple's iphone — net sales?
Over 4 years (2021 to 2025), Apple's iphone — net sales has grown at a 2.2% compound annual growth rate (CAGR), from $191.97B to $209.59B.
What does iphone — net sales mean?
This metric represents the total revenue generated from the sale of the company's primary smartphone hardware line and related accessories. It reflects the core hardware engine of the business, serving as the primary entry point for users into the broader software and services ecosystem. Analysts monitor this figure to assess consumer demand cycles, hardware replacement rates, and the success of premium pricing strategies.