What Are Apple's Key Financial Figures?
| Fiscal year | FY2025 ended September 27, 2025 | FY2024 ended September 28, 2024 | FY2023 ended September 30, 2023 | FY2022 ended September 24, 2022 |
|---|---|---|---|---|
| Revenue | $416 billion | $391 billion | $383 billion | $394 billion |
| Operating income | $133 billion | $123 billion | $114 billion | $119 billion |
| Operating margin | 32.0% | 31.5% | 29.8% | 30.3% |
| Net income | $112 billion | $93.7 billion | $97.0 billion | $99.8 billion |
| Net margin | 26.9% | 24.0% | 25.3% | 25.3% |
| Operating cash flow | $111 billion | $118 billion | $111 billion | $122 billion |
| Capital expenditures | $12.7 billion | $9.4 billion | $11.0 billion | $10.7 billion |
| Free cash flow | $98.8 billion | $109 billion | $99.6 billion | $111 billion |
Operating margin held roughly steady between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $98.8 billion against net income of $112 billion; cash generation fell short of reported earnings, which is worth reconciling in the cash flow statement.
What Does Apple's Balance Sheet Show?
| Cash and cash equivalents | $35.9 billion |
|---|---|
| Long-term debt | $78.3 billion |
| Total assets | $359 billion |
| Total liabilities | $286 billion |
| Shareholders' equity | $73.7 billion |
| Current ratio | 0.9x |
Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions.
Where These Numbers Come From
Every figure on this page is a value Apple reported in its own SEC filings, read from the SEC's XBRL data (accession 0000320193-25-000079 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.
Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.
Frequently Asked Questions
What was Apple's revenue in fiscal 2025?
Apple reported revenue of $416 billion for the fiscal year ended September 27, 2025, according to its SEC filings.
What is Apple's operating margin?
Apple's operating margin was 32.0% in fiscal 2025: operating income of $133 billion on revenue of $416 billion.
How much free cash flow did Apple generate?
Operating cash flow of $111 billion less capital expenditures of $12.7 billion gives free cash flow of $98.8 billion for fiscal 2025.