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Apple AAPL Total Operating Expenses

Total Operating Expenses at other companies

Cirrus Logic logo
Cirrus LogicCRUS
$147.35M+4.7%
Logitech International logo
Logitech InternationalLOGI
$347.49M+5.3%
Garmin logo
GarminGRMN
$610.62M+10.7%
Vuzix logo
VuzixVUZI
$6.83M-19.8%
Dropbox logo
DropboxDBX
$328.6M+1.4%
Zoom Video Communications, Inc. logo
Zoom Video Communications, Inc.ZM
$654.25M-0.1%

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%
Net income$29.6B+19.4%
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$4.25T+41.6%
Enterprise value$4.29T+40.2%
P/E34.7×+4.4×
P/S9.4×+2.1×

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

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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:OperatingExpenses.

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 operating expenses?
Apple (AAPL) reported total operating expenses of $18.9B in Q1 2026.
How has Apple's total operating expenses changed year-over-year?
Apple's total operating expenses increased by 23.7% year-over-year, from $15.28B to $18.9B.
What is the long-term trend for Apple's total operating expenses?
Over 4 years (2021 to 2025), Apple's total operating expenses has grown at a 9.1% compound annual growth rate (CAGR), from $43.89B to $62.15B.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.