What is Apple's PP&E (net)?

Apple (AAPL) reported PP&E (net) of $50.12B in Q1 2026.

How has Apple's PP&E (net) changed year-over-year?

Apple's PP&E (net) increased by 6.9% year-over-year, from $46.88B to $50.12B.

What is the long-term trend for Apple's PP&E (net)?

Over 4 years (2021 to 2025), Apple's PP&E (net) has grown at a 6.0% compound annual growth rate (CAGR), from $39.44B to $49.83B.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Apple AAPL PP&E (Net)

PP&E (Net) at other companies

HPHPQ

$3.08B+4.3%

Cirrus LogicCRUS

$143.98M-10.0%

MicrosoftMSFT

$283.23B+54.0%

QualcommQCOM

$5.07B+15.0%

Sirius XMSIRI

$2.27B+4.2%

AmazonAMZN

$397.46B+45.7%

Segments

By geography

See full

Other countries$5.94B+13.9%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$28.7B+19.8%

CapEx$2.0B-35.8%

Free cash flow$26.7B+28.0%

Valuation

See full

Market cap$4.72T+48.0%

Enterprise value$4.76T+46.6%

P/E38.5×+6.4×

P/S10.5×+2.7×

Profitability

See full

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:PropertyPlantAndEquipmentNet.

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 PP&E (net)?: Apple (AAPL) reported PP&E (net) of $50.12B in Q1 2026.
How has Apple's PP&E (net) changed year-over-year?: Apple's PP&E (net) increased by 6.9% year-over-year, from $46.88B to $50.12B.
What is the long-term trend for Apple's PP&E (net)?: Over 4 years (2021 to 2025), Apple's PP&E (net) has grown at a 6.0% compound annual growth rate (CAGR), from $39.44B to $49.83B.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.