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Apple AAPL Free cash flow

Free cash flow at other companies

Microsoft logo
MicrosoftMSFT
$15.8B-22.1%
Qualcomm logo
QualcommQCOM
$1.92B-18.1%
Amazon logo
AmazonAMZN
-$18.17B-127%
HP logo
HPHPQ
Sirius XM logo
Sirius XMSIRI
Logitech International logo
Logitech InternationalLOGI

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%

Valuation

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Market cap$4.04T+34.6%
Enterprise value$4.08T+33.0%
P/E33×+2.1×
P/S+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

Calculated from Apple’s reported figures.

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 free cash flow?
Apple (AAPL) reported free cash flow of $26.73B in Q1 2026.
How has Apple's free cash flow changed year-over-year?
Apple's free cash flow increased by 28.0% year-over-year, from $20.88B to $26.73B.
What is the long-term trend for Apple's free cash flow?
Over 4 years (2021 to 2025), Apple's free cash flow has grown at a 1.5% compound annual growth rate (CAGR), from $92.95B to $98.77B.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.