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Apple (AAPL) Cash Flow Waterfall

Trace Apple's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

Operating CF

$140.22B

Capex

−$11.05B

Free Cash Flow

$129.17B

FCF Margin

+92.1%

Cash flow waterfall for Apple (AAPL) — TTM through Q1 2026

Free cash flow: $129.17B

Cash flow breakdown for Apple (AAPL) — TTM through Q1 2026

  • Operating Cash Flow$140.22B
  • Capital Expenditure−$11.05B
  • Free Cash Flow$129.17B
  • Other Investing$2.48B
  • Share Buybacks−$78.20B
  • Dividends Paid−$15.55B
  • Net Debt Change−$14.33B
  • Other Financing & FX−$6.17B
  • Net Cash Increase$17.41B
Want to see what drove the FCF change?Free Cash Flow Bridge

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