Apple Inc. (AAPL) FY2026 YTD Q3 P&L / Income Statement

Revenue by Business Segment

2025-09-28 to 2026-06-27

Swipe to see the full flow
Apple Inc. (AAPL) FY2026 YTD Q3 P&L / Income StatementIncome statement for 2025-09-28 through 2026-06-27. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETAmericasEuropeGreater ChinaRest of Asia PacificJapanNet salesGross marginCost of salesOperating incomeTotal operating expensesResearch and developmentSelling, general and administrativeOther income/(expense), netIncome before provision for income taxesNet incomeProvision for income taxesOther income/(expense), netOtherincome/(expense), net$670.00 MIncome before provision for income taxesIncome beforeprovision forincome taxes$123.10 BNet salesNet sales$364.36 BGross marginGross margin$178.78 BOperating incomeOperating income$122.43 BNet incomeNet income$101.46 BAmericasAmericas$149.40 BTotal operating expensesTotal operatingexpenses$56.35 BProvision for income taxesProvision forincome taxes$21.64 BEuropeEurope$95.60 BResearch and developmentResearch and development$34.04 BCost of salesCost of sales$185.58 BSelling, general and administrativeSelling, general and administrative$22.32 BGreater ChinaGreater China$64.84 BRest of Asia PacificRest of Asia Pacific$30.15 BJapanJapan$24.37 B
Chart details

Apple Inc. (AAPL) FY2026 YTD Q3 P&L / Income Statement

Income statement for 2025-09-28 through 2026-06-27. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net sales
364,357,000,000 US dollars
Cost of sales
185,575,000,000 US dollars
Gross margin
178,782,000,000 US dollars
Total operating expenses
56,350,000,000 US dollars
Operating income
122,432,000,000 US dollars
Other income/(expense), net
670,000,000 US dollars
Income before provision for income taxes
123,102,000,000 US dollars
Provision for income taxes
21,638,000,000 US dollars
Net income
101,464,000,000 US dollars
Americas
149,403,000,000 US dollars
Europe
95,596,000,000 US dollars
Greater China
64,839,000,000 US dollars
Japan
24,368,000,000 US dollars
Rest of Asia Pacific
30,151,000,000 US dollars
Research and development
34,035,000,000 US dollars
Selling, general and administrative
22,315,000,000 US dollars
Americas costs (calculated)
84,376,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Europe costs (calculated)
51,311,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Greater China costs (calculated)
36,452,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Japan costs (calculated)
12,912,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Rest of Asia Pacific costs (calculated)
16,156,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Reconciling items (calculated)
40,718,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

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.
Apple Inc. (AAPL) FY2026 YTD Q3 Revenue by Business Segment Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

49.1%

Gross profit / revenue

Operating margin

33.6%

Operating profit / revenue

Cash conversion

115.3%

Operating cash / net income, same period

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!