Apple Inc. logo AAPL - Apple Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 67
HOLD 34
SELL 7
STRONG
SELL
0
| PRICE TARGET: $299.08 DETAILS
HIGH: $350.00
LOW: $220.00
MEDIAN: $312.50
CONSENSUS: $299.08
UPSIDE: 17.05%
Metric 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3
Revenue
Revenue 102,466.0 94,036.0 95,359.0 124,300.0 94,930.0 85,777.0 90,753.0 119,575.0 89,498.0 81,797.0
Cost of Revenue 54,125.0 50,318.0 50,492.0 66,025.0 51,051.0 46,099.0 48,482.0 64,720.0 49,071.0 45,384.0
Gross Profit 48,341.0 43,718.0 44,867.0 58,275.0 43,879.0 39,678.0 42,271.0 54,855.0 40,427.0 36,413.0
Operating Expenses
R&D Expenses 8,866.0 8,866.0 8,550.0 8,268.0 7,765.0 8,006.0 7,903.0 7,696.0 7,307.0 7,442.0
SG&A Expenses 7,048.0 6,650.0 6,728.0 7,175.0 6,523.0 6,320.0 6,468.0 6,786.0 6,151.0 5,973.0
Other Expenses 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Operating Expenses 15,914.0 15,516.0 15,278.0 15,443.0 14,288.0 14,326.0 14,371.0 14,482.0 13,458.0 13,415.0
Operating Income
Operating Income 32,427.0 28,202.0 29,589.0 42,832.0 29,591.0 25,352.0 27,900.0 40,373.0 26,969.0 22,998.0
Interest Expense 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1,002.0 998.0
Interest Income 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 984.0 980.0
Profitability
EBITDA 35,931.0 31,032.0 32,250.0 45,912.0 32,502.0 28,202.0 30,736.0 43,221.0 30,653.0 26,050.0
EBIT 32,804.0 28,202.0 29,589.0 42,832.0 29,591.0 25,352.0 27,900.0 40,373.0 28,000.0 22,998.0
Income Before Tax 32,804.0 28,031.0 29,310.0 42,584.0 29,610.0 25,494.0 28,058.0 40,323.0 26,998.0 22,733.0
Income Tax Expense 5,338.0 4,597.0 4,530.0 6,254.0 14,874.0 4,046.0 4,422.0 6,407.0 4,042.0 2,852.0
Net Income 27,466.0 23,434.0 24,780.0 36,330.0 14,736.0 21,448.0 23,636.0 33,916.0 22,956.0 19,881.0
Per Share Data
EPS (Basic) 1.85 1.57 1.65 2.41 0.97 1.40 1.53 2.19 1.47 1.27
EPS (Diluted) 1.84 1.57 1.65 2.40 0.97 1.40 1.53 2.18 1.46 1.26
Shares Outstanding 14,948.5 14,902.9 14,994.1 15,081.7 15,172.0 15,287.5 15,405.9 15,509.8 15,599.4 15,697.6
Metric 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3
Current Assets
Cash & Cash Equivalents 33,539.0 36,269.0 28,162.0 30,299.0 29,943.0 25,565.0 32,695.0 40,760.0 29,965.0 28,408.0
Short-Term Investments 21,158.0 19,103.0 20,336.0 23,476.0 35,228.0 36,236.0 34,455.0 32,340.0 31,590.0 34,074.0
Net Receivables 72,957.0 46,835.0 49,798.0 59,306.0 66,243.0 43,172.0 41,150.0 50,102.0 60,985.0 39,186.0
Inventory 5,718.0 5,925.0 6,269.0 6,911.0 7,286.0 6,165.0 6,232.0 6,511.0 6,331.0 7,351.0
Other Current Assets 14,585.0 14,359.0 14,109.0 13,248.0 14,287.0 14,297.0 13,884.0 13,979.0 14,695.0 13,640.0
Total Current Assets 147,957.0 122,491.0 118,674.0 133,240.0 152,987.0 125,435.0 128,416.0 143,692.0 143,566.0 122,659.0
Non-Current Assets
Property, Plant & Equipment 61,039.0 48,508.0 46,876.0 46,069.0 45,680.0 44,502.0 43,546.0 43,666.0 54,376.0 43,550.0
Goodwill 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Intangible Assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Long-Term Investments 77,723.0 77,614.0 84,424.0 87,593.0 91,479.0 91,240.0 95,187.0 99,475.0 100,544.0 104,061.0
Other Non-Current Assets 51,745.0 82,882.0 81,259.0 77,183.0 55,335.0 70,435.0 70,262.0 66,681.0 36,245.0 64,768.0
Total Non-Current Assets 211,284.0 209,004.0 212,559.0 210,845.0 211,993.0 206,177.0 208,995.0 209,822.0 209,017.0 212,379.0
Total Assets 359,241.0 331,495.0 331,233.0 344,085.0 364,980.0 331,612.0 337,411.0 353,514.0 352,583.0 335,038.0
Current Liabilities
Account Payables 69,860.0 50,374.0 54,126.0 61,910.0 68,960.0 47,574.0 45,753.0 58,146.0 62,611.0 46,699.0
Short-Term Debt 20,329.0 19,268.0 19,620.0 12,843.0 20,879.0 15,108.0 12,759.0 12,952.0 15,807.0 11,209.0
Deferred Revenue 9,055.0 8,979.0 8,976.0 8,461.0 8,249.0 8,053.0 8,012.0 8,264.0 8,061.0 8,158.0
Other Current Liabilities 51,254.0 62,499.0 61,849.0 61,151.0 50,071.0 60,889.0 57,298.0 54,611.0 48,435.0 58,897.0
Total Current Liabilities 165,631.0 141,120.0 144,571.0 144,365.0 176,392.0 131,624.0 123,822.0 133,973.0 145,308.0 124,963.0
Non-Current Liabilities
Long-Term Debt 78,328.0 82,430.0 78,566.0 83,956.0 85,750.0 86,196.0 91,831.0 95,088.0 95,281.0 98,071.0
Deferred Tax Liabilities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Other Non-Current Liabilities 29,946.0 42,115.0 41,300.0 49,006.0 35,090.0 47,084.0 47,564.0 50,353.0 38,581.0 51,730.0
Total Non-Current Liabilities 119,877.0 124,545.0 119,866.0 132,962.0 131,638.0 133,280.0 139,395.0 145,441.0 145,129.0 149,801.0
Total Liabilities 285,508.0 265,665.0 264,437.0 277,327.0 308,030.0 264,904.0 263,217.0 279,414.0 290,437.0 274,764.0
Stockholders' Equity
Common Stock 93,568.0 89,806.0 88,711.0 84,768.0 83,276.0 79,850.0 78,815.0 75,236.0 73,812.0 70,667.0
Retained Earnings (14,264.0) (17,607.0) (15,552.0) (11,221.0) (19,154.0) (4,726.0) 4,339.0 8,242.0 (214.0) 1,408.0
Accumulated Other Comprehensive Income (5,571.0) (6,369.0) (6,363.0) (6,789.0) (7,172.0) (8,416.0) (8,960.0) (9,378.0) (11,452.0) (11,801.0)
Total Stockholders' Equity 73,733.0 65,830.0 66,796.0 66,758.0 56,950.0 66,708.0 74,194.0 74,100.0 62,146.0 60,274.0
Total Liabilities & Equity 359,241.0 331,495.0 331,233.0 344,085.0 364,980.0 331,612.0 337,411.0 353,514.0 352,583.0 335,038.0
Debt Metrics
Total Debt 112,377.0 101,698.0 98,186.0 96,799.0 119,059.0 101,304.0 104,590.0 108,040.0 123,930.0 109,280.0
Net Debt 78,838.0 65,429.0 70,024.0 66,500.0 89,116.0 75,739.0 71,895.0 67,280.0 93,965.0 80,872.0
Metric 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3
Operating Activities
Net Income 27,466.0 23,434.0 24,780.0 36,330.0 14,736.0 21,448.0 23,636.0 33,916.0 22,956.0 19,881.0
Depreciation & Amortization 3,127.0 2,830.0 2,661.0 3,080.0 2,911.0 2,850.0 2,836.0 2,848.0 2,653.0 3,052.0
Stock-Based Compensation 3,183.0 3,168.0 3,226.0 3,286.0 2,858.0 2,869.0 2,964.0 2,997.0 2,625.0 2,617.0
Change in Working Capital (5,707.0) (2,034.0) (6,507.0) (10,752.0) 6,608.0 1,684.0 (5,764.0) 1,123.0 (6,060.0) 749.0
Other Non-Cash Items 1,659.0 469.0 (208.0) (2,009.0) (302.0) 7.0 (982.0) (989.0) (576.0) 81.0
Operating Cash Flow 29,728.0 27,867.0 23,952.0 29,935.0 26,811.0 28,858.0 22,690.0 39,895.0 21,598.0 26,380.0
Investing Activities
Capital Expenditure (3,242.0) (3,462.0) (3,071.0) (2,940.0) (2,908.0) (2,151.0) (1,996.0) (2,392.0) (2,163.0) (2,093.0)
Acquisitions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Purchases of Investments (6,816.0) (5,149.0) (6,318.0) (6,124.0) (10,582.0) (13,032.0) (15,262.0) (9,780.0) (8,557.0) (9,759.0)
Sales/Maturities of Investments 7,976.0 14,024.0 12,338.0 19,459.0 15,126.0 15,444.0 17,393.0 14,383.0 13,698.0 12,795.0
Other Investing Activities (505.0) (340.0) (32.0) (603.0) (191.0) (388.0) (445.0) (284.0) (584.0) (506.0)
Investing Cash Flow (2,587.0) 5,073.0 2,917.0 9,792.0 1,445.0 (127.0) (310.0) 1,927.0 2,394.0 437.0
Financing Activities
Net Debt Issuance (3,217.0) 2,711.0 976.0 (8,953.0) 4,387.0 (3,253.0) (3,148.0) (3,984.0) 1,993.0 (283.0)
Stock Repurchased (20,132.0) (21,075.0) (25,898.0) (23,606.0) (25,083.0) (26,522.0) (23,205.0) (20,139.0) (21,003.0) (17,478.0)
Dividends Paid (3,862.0) (3,945.0) (3,758.0) (3,856.0) (3,804.0) (3,895.0) (3,710.0) (3,825.0) (3,758.0) (3,849.0)
Other Financing Activities (265.0) (2,524.0) (326.0) (2,956.0) (448.0) (2,347.0) (370.0) (2,637.0) (385.0) (53.0)
Financing Cash Flow (27,476.0) (24,833.0) (29,006.0) (39,371.0) (24,948.0) (36,017.0) (30,433.0) (30,585.0) (23,153.0) (24,048.0)
Cash Position
Net Change in Cash (335.0) 8,107.0 (2,137.0) 356.0 3,308.0 (7,286.0) (8,053.0) 11,237.0 839.0 2,769.0
Cash at Beginning 36,269.0 28,162.0 30,299.0 29,943.0 26,635.0 33,921.0 41,974.0 30,737.0 29,898.0 27,129.0
Cash at End 35,934.0 36,269.0 28,162.0 30,299.0 29,943.0 26,635.0 33,921.0 41,974.0 30,737.0 29,898.0
Free Cash Flow 26,486.0 24,405.0 20,881.0 26,995.0 23,903.0 26,707.0 20,694.0 37,503.0 19,435.0 24,287.0
Key Metrics 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3
Income Statement
Revenue 102,466.0 94,036.0 95,359.0 124,300.0 94,930.0 85,777.0 90,753.0 119,575.0 89,498.0 81,797.0
Gross Profit 48,341.0 43,718.0 44,867.0 58,275.0 43,879.0 39,678.0 42,271.0 54,855.0 40,427.0 36,413.0
Operating Income 32,427.0 28,202.0 29,589.0 42,832.0 29,591.0 25,352.0 27,900.0 40,373.0 26,969.0 22,998.0
Net Income 27,466.0 23,434.0 24,780.0 36,330.0 14,736.0 21,448.0 23,636.0 33,916.0 22,956.0 19,881.0
EPS (Diluted) 1.84 1.57 1.65 2.40 0.97 1.40 1.53 2.18 1.46 1.26
Balance Sheet
Cash & Equivalents 33,539.0 36,269.0 28,162.0 30,299.0 29,943.0 25,565.0 32,695.0 40,760.0 29,965.0 28,408.0
Total Assets 359,241.0 331,495.0 331,233.0 344,085.0 364,980.0 331,612.0 337,411.0 353,514.0 352,583.0 335,038.0
Total Debt 112,377.0 101,698.0 98,186.0 96,799.0 119,059.0 101,304.0 104,590.0 108,040.0 123,930.0 109,280.0
Stockholders' Equity 73,733.0 65,830.0 66,796.0 66,758.0 56,950.0 66,708.0 74,194.0 74,100.0 62,146.0 60,274.0
Cash Flow
Operating Cash Flow 29,728.0 27,867.0 23,952.0 29,935.0 26,811.0 28,858.0 22,690.0 39,895.0 21,598.0 26,380.0
Capital Expenditure (3,242.0) (3,462.0) (3,071.0) (2,940.0) (2,908.0) (2,151.0) (1,996.0) (2,392.0) (2,163.0) (2,093.0)
Free Cash Flow 26,486.0 24,405.0 20,881.0 26,995.0 23,903.0 26,707.0 20,694.0 37,503.0 19,435.0 24,287.0