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Gross Profit for Apple (AAPL)

According to Apple's latest reported financial statements, the company's current gross profit (TTM) is $216.07B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

Apple Inc. logo
Apple

AAPL

TTM (last 4 quarters)

$216.07B

YoY change

+8.0%

5Y CAGR

+13.2%

Peak year (2025)

$195.20B

Cumulative gross profit

$1.80T

Gross Profit history chart for Apple (AAPL) from 1985 to 2025

Gross Profit history table for Apple (AAPL) from 1985 to 2025

Fiscal yearPeriod endedReportedGross ProfitYoY
2025$195.20B+8.0%
2024$180.68B+6.8%
2023$169.15B-1.0%
2022$170.78B+11.7%
2021$152.84B+45.6%
2020$104.96B+6.7%
2019$98.39B-3.4%
2018$101.84B+15.5%
2017$88.19B+4.7%
2016$84.26B-10.0%
2015$93.63B+32.7%
2014$70.54B+9.7%
2013$64.30B-6.3%
2012$68.66B+56.7%
2011$43.82B+70.6%
2010$25.68B+49.1%
2009$17.22B+54.5%
2008$11.14B+36.7%
2007$8.15B+45.7%
2006$5.60B+38.5%
2005$4.04B+78.9%
2004$2.26B+32.3%
2003$1.71B+6.6%
2002$1.60B+29.8%
2001$1.24B-43.0%
2000$2.17B+27.7%
1999$1.70B+14.7%
1998$1.48B+8.1%
1997$1.37B+41.3%
1996$968.00M-66.1%
1995$2.86B+21.9%
1994$2.34B-14.1%
1993$2.73B-11.9%
1992$3.10B-3.2%
1991$3.20B+1.4%
1990$3.15B+16.2%
1989$2.71B+25.8%
1988$2.16B+50.4%
1987$1.44B+35.2%
1986$1.06B+26.1%
1985$842.30M

Gross Profit values are taken from Apple's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

In 2025, Apple (AAPL) gross profit totalled $195.20B – grew 8.0% year-over-year.

Across 2020–2025 (5 years), Apple gross profit produced a CAGR of +13.2% – sustaining 2 straight years of year-over-year growth.

$195.20B stands as the all-time-high annual gross profit, posted in 2025, against a low of $842.30M during 1985.

Within Technology, Apple (AAPL) ranks 2nd among 8 peers we track. The peer median for gross profit is $41.88B.

Apple Gross Profit by Year

Apple Gross Profit 2025: $195.20B

Apple gross profit in 2025 was $195.20B, grew 8.0% from 2024. This figure represents the highest annual value in the available history.

Apple Gross Profit 2024: $180.68B

Apple gross profit in 2024 was $180.68B, grew 6.8% from 2023.

Apple Gross Profit 2023: $169.15B

Apple gross profit in 2023 was $169.15B, edged down 1.0% below 2022.

Apple Gross Profit 2022: $170.78B

Apple gross profit in 2022 was $170.78B, grew 11.7% from 2021.

Apple Gross Profit 2021: $152.84B

Apple gross profit in 2021 was $152.84B.

See more financial history for Apple (AAPL).

Sector peers — Gross Profit

Companies in the same sector as Apple, ranked by their latest gross profit.

CompanyGross ProfitSector
Taiwan Semiconductor Manufacturing Company Limited (TSM)$2.30TTechnology
Microsoft Corporation (MSFT)$193.89BTechnology
NVIDIA Corporation (NVDA)$153.46BTechnology
Broadcom Inc. (AVGO)$43.29BTechnology
Oracle Corporation (ORCL)$40.47BTechnology
ASML Holding N.V. (ASML)$17.26BTechnology
Advanced Micro Devices, Inc. (AMD)$17.15BTechnology
Micron Technology, Inc. (MU)$14.87BTechnology

Frequently asked questions

What is Apple's gross profit?

Latest reported gross profit for Apple (AAPL) is $216.07B (period ending March 28, 2026).

How has Apple gross profit changed year-over-year?

Apple (AAPL) gross profit changed +8.0% year-over-year on the latest annual filing.

What is the long-term growth rate of Apple gross profit?

Apple (AAPL) gross profit compound annual growth rate is +13.2% over the most recent 5 years available.

When did Apple gross profit hit its highest annual value?

Apple gross profit reached its highest annual value of $195.20B in 2025.

What was Apple gross profit in 2024?

Apple (AAPL) gross profit in 2024 was $180.68B.

What was Apple gross profit in 2025?

Apple (AAPL) gross profit in 2025 was $195.20B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.