What is Apple's net income?

Apple (AAPL) reported net income of $29.58B in Q1 2026.

How has Apple's net income changed year-over-year?

Apple's net income increased by 19.4% year-over-year, from $24.78B to $29.58B.

What is the long-term trend for Apple's net income?

Over 4 years (2021 to 2025), Apple's net income has grown at a 4.3% compound annual growth rate (CAGR), from $94.68B to $112.01B.

What does net income mean?

The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

Apple AAPL Net Income

Net Income at other companies

HPHPQ

$450M+10.8%

MicrosoftMSFT

$31.78B+23.1%

Sirius XMSIRI

$245M+20.1%

AmazonAMZN

$30.26B+76.7%

Logitech InternationalLOGI

$143.46M-0.4%

NetflixNFLX

$5.28B+82.8%

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%

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%

Free cash flow$26.7B+28.0%

Valuation

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Market cap$4.04T+34.6%

Enterprise value$4.08T+33.0%

P/E33×+2.1×

P/S9×+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

See full

Return on equity141.5%+3.5pp

Debt / equity0.8×-0.6×

Current ratio1.1×+0.2×

Where this comes from

Reported directly by Apple in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

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 net income?: Apple (AAPL) reported net income of $29.58B in Q1 2026.
How has Apple's net income changed year-over-year?: Apple's net income increased by 19.4% year-over-year, from $24.78B to $29.58B.
What is the long-term trend for Apple's net income?: Over 4 years (2021 to 2025), Apple's net income has grown at a 4.3% compound annual growth rate (CAGR), from $94.68B to $112.01B.
What does net income mean?: The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.