Apple Total Operating Expenses increased by 2.8% to $18.90B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 23.7%, from $15.28B to $18.90B. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 9.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.
The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...
Investors compare this to revenue to assess the 'operating leverage' of a business model.
total_operating_expenses| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $11.13B | $11.39B | $12.76B | $12.58B | $12.81B | $13.20B | $14.32B | $13.66B | $13.42B | $13.46B | $14.48B | $14.37B | $14.33B | $14.29B | $15.44B | $15.28B | $15.52B | $15.91B | $18.38B | $18.90B |
| QoQ Change | — | +2.3% | +12.0% | -1.4% | +1.8% | +3.1% | +8.4% | -4.6% | -1.8% | +0.3% | +7.6% | -0.8% | -0.3% | -0.3% | +8.1% | -1.1% | +1.6% | +2.6% | +15.5% | +2.8% |
| YoY Change | — | — | — | — | +15.1% | +15.9% | +12.2% | +8.6% | +4.7% | +1.9% | +1.2% | +5.2% | +6.8% | +6.2% | +6.6% | +6.3% | +8.3% | +11.4% | +19.0% | +23.7% |