Apple Inventories increased by 14.8% to $6.75B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.6%, from $6.27B to $6.75B. Over 5 years (FY 2020 to FY 2025), Inventories shows an upward trend with a 7.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase might suggest overproduction or weakening demand, while a decrease could indicate strong sales or potential supply chain shortages.
The carrying value of raw materials, work-in-process, and finished goods awaiting sale to consumers or enterprise client...
Consumer electronics firms strive for high inventory turnover to mitigate the risk of rapid technological depreciation.
inventories| 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 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $6.75B |
| 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% | +14.8% |
| 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% | +7.6% |