What is Apple's total cost of revenue?

Apple (AAPL) reported total cost of revenue of $56.4B in Q1 2026.

How has Apple's total cost of revenue changed year-over-year?

Apple's total cost of revenue increased by 11.7% year-over-year, from $50.49B to $56.4B.

What is the long-term trend for Apple's total cost of revenue?

Over 4 years (2021 to 2025), Apple's total cost of revenue has grown at a 0.9% compound annual growth rate (CAGR), from $212.98B to $220.96B.

What does total cost of revenue mean?

The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

Apple AAPL Total Cost of Revenue

Total Cost of Revenue at other companies

HPHPQ

$11.39B+8.7%

MicrosoftMSFT

$26.83B+22.4%

QualcommQCOM

$4.9B-0.7%

AmazonAMZN

$87.46B+13.6%

NetflixNFLX

$5.89B+11.9%

Sirius XMSIRI

——

Segments

By segment

See full

Americas$23.11B+9.6%

Europe$13.76B+5.6%

Greater China$10.63B+20.9%

Rest of Asia Pacific$4.63B+16.7%

Japan$4.27B+18.2%

By product

See full

Services$7.22B+11.8%

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$4.04T+34.6%

Enterprise value$4.08T+33.0%

P/E33×+2.1×

P/S9×+1.5×

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:CostOfGoodsAndServicesSold.

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 total cost of revenue?: Apple (AAPL) reported total cost of revenue of $56.4B in Q1 2026.
How has Apple's total cost of revenue changed year-over-year?: Apple's total cost of revenue increased by 11.7% year-over-year, from $50.49B to $56.4B.
What is the long-term trend for Apple's total cost of revenue?: Over 4 years (2021 to 2025), Apple's total cost of revenue has grown at a 0.9% compound annual growth rate (CAGR), from $212.98B to $220.96B.
What does total cost of revenue mean?: The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.