Current Assets

Inventories

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.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ1 2014
Last reportedQ2 2026May 1, 2026

How to read this metric

An increase might suggest overproduction or weakening demand, while a decrease could indicate strong sales or potential supply chain shortages.

Detailed definition

The carrying value of raw materials, work-in-process, and finished goods awaiting sale to consumers or enterprise client...

Peer comparison

Consumer electronics firms strive for high inventory turnover to mitigate the risk of rapid technological depreciation.

Metric ID: inventories

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$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%
Range$4.95B$7.48B
CAGR+5.7%
Avg YoY Growth+3.0%
Median YoY Growth+2.8%
Current Streak2 quarters growth

Frequently Asked Questions

What is Apple's inventories?
Apple (AAPL) reported inventories of $6.75B in Q1 2026.
How has Apple's inventories changed year-over-year?
Apple's inventories increased by 7.6% year-over-year, from $6.27B to $6.75B.
What is the long-term trend for Apple's inventories?
Over 5 years (2020 to 2025), Apple's inventories has grown at a 7.1% compound annual growth rate (CAGR), from $4.06B to $5.72B.
What does inventories mean?
The value of products currently being manufactured or held in stock ready to be sold.