Inventories
Current AssetsApple Inventories increased by 2.7% to $5.88B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 15.0%, from $6.91B to $5.88B. Over 5 years (FY 2020 to FY 2025), Inventories shows an upward trend with a 3.4% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityVolatile
First reportedQ4 2008
Last reportedQ4 2025
How to read this metric
Rising inventory without rising sales can signal overproduction or falling demand; very low inventory might lead to lost sales due to stockouts.
Detailed definition
The cost of physical goods held for sale, including hardware like Surface devices, Xbox consoles, and related components...
Peer comparison
Relevant for hardware-integrated peers like Apple or Sony, but less significant for pure-play SaaS companies.
Metric ID:
inventoriesHistorical Data
19 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $5.18B | $6.58B | $5.88B | $5.46B | $5.43B | $4.95B | $6.82B | $7.48B | $7.35B | $6.33B | $6.51B | $6.23B | $6.17B | $7.29B | $6.91B | $6.27B | $5.93B | $5.72B | $5.88B |
| QoQ Change | — | +27.1% | -10.7% | -7.1% | -0.5% | -9.0% | +37.9% | +9.7% | -1.8% | -13.9% | +2.8% | -4.3% | -1.1% | +18.2% | -5.1% | -9.3% | -5.5% | -3.5% | +2.7% |
| YoY Change | — | — | — | — | +4.9% | -24.8% | +16.1% | +37.0% | +35.3% | +28.0% | -4.5% | -16.7% | -16.1% | +15.1% | +6.1% | +0.6% | -3.9% | -21.5% | -15.0% |
Range$4.95B – $7.48B
CAGR+2.8%
Avg YoY Growth+2.7%
Median YoY Growth+0.6%
Inventories at Other Companies
Frequently Asked Questions
- What is Apple's inventories?
- Apple (AAPL) reported inventories of $5.88B in Q4 2025.
- How has Apple's inventories changed year-over-year?
- Apple's inventories decreased by 15.0% year-over-year, from $6.91B to $5.88B.
- What is the long-term trend for Apple's inventories?
- Over 5 years (2020 to 2025), Apple's inventories has grown at a 3.4% compound annual growth rate (CAGR), from $4.97B to $5.88B.
- What does inventories mean?
- The value of products currently sitting in warehouses waiting to be sold.