Apple Inc. (AAPL) FY2026 Q1 P&L / Income Statement

Apple Inc. (AAPL) FY2026 Q1 P&L / Income Statement

Income statement for 2025-09-28 through 2025-12-27. View: Product and service (5 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net sales

143,756,000,000 US dollars

Cost of sales

74,525,000,000 US dollars

Gross margin

69,231,000,000 US dollars

Total operating expenses

18,379,000,000 US dollars

Operating income

50,852,000,000 US dollars

Other income/(expense), net

150,000,000 US dollars

Income before provision for income taxes

51,002,000,000 US dollars

Provision for income taxes

8,905,000,000 US dollars

Net income

42,097,000,000 US dollars

iPhone

85,269,000,000 US dollars

Mac

8,386,000,000 US dollars

iPad

8,595,000,000 US dollars

Wearables, Home and Accessories

11,493,000,000 US dollars

Services

30,013,000,000 US dollars

Research and development

10,887,000,000 US dollars

Selling, general and administrative

7,492,000,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.