Products & Services · Cost of Sales

Products — Cost of Sales

Apple Products — Cost of Sales decreased by 27.1% to $49.18B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.7%, from $44.03B to $49.18B. Over 4 years (FY 2021 to FY 2025), Products — Cost of Sales shows relatively stable performance with a 0.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ2 2026May 1, 2026

How to read this metric

An increase relative to sales suggests rising component prices or manufacturing inefficiencies, whereas a decrease indicates better economies of scale or improved supply chain optimization.

Detailed definition

This metric tracks the direct costs associated with the manufacturing and distribution of physical hardware products. It...

Peer comparison

This is equivalent to the Cost of Goods Sold (COGS) for hardware segments at other consumer electronics or original equipment manufacturers.

Metric ID: aapl_segment_products_cost_of_sales

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$40.90B$42.79B$64.31B$49.29B$41.49B$46.39B$60.77B$46.80B$39.14B$42.59B$58.44B$42.42B$39.80B$44.57B$59.45B$44.03B$43.62B$47.02B$67.48B$49.18B
QoQ Change+4.6%+50.3%-23.4%-15.8%+11.8%+31.0%-23.0%-16.4%+8.8%+37.2%-27.4%-6.2%+12.0%+33.4%-25.9%-0.9%+7.8%+43.5%-27.1%
YoY Change+1.4%+8.4%-5.5%-5.1%-5.7%-8.2%-3.8%-9.3%+1.7%+4.6%+1.7%+3.8%+9.6%+5.5%+13.5%+11.7%
Range$39.14B$67.48B
CAGR+4.0%
Avg YoY Growth+1.5%
Median YoY Growth+1.7%

Frequently Asked Questions

What is Apple's products — cost of sales?
Apple (AAPL) reported products — cost of sales of $49.18B in Q1 2026.
How has Apple's products — cost of sales changed year-over-year?
Apple's products — cost of sales increased by 11.7% year-over-year, from $44.03B to $49.18B.
What is the long-term trend for Apple's products — cost of sales?
Over 4 years (2021 to 2025), Apple's products — cost of sales has grown at a 0.2% compound annual growth rate (CAGR), from $192.27B to $194.12B.
What does products — cost of sales mean?
The direct expenses paid to manufacture and ship physical products to customers.