Net Income for Apple (AAPL)
According to Apple's latest reported financial statements, the company's current net income (TTM) is $122.58B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
AAPL
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$122.58B
YoY change
+19.5%
5Y CAGR
+14.3%
Peak year (2025)
$112.01B
Cumulative net income
$998.58B
Net Income history chart for Apple (AAPL) from 1985 to 2025
Net Income history table for Apple (AAPL) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $112.01B | +19.5% | ||
| 2024 | $93.74B | -3.4% | ||
| 2023 | $97.00B | -2.8% | ||
| 2022 | $99.80B | +5.4% | ||
| 2021 | $94.68B | +64.9% | ||
| 2020 | $57.41B | +3.9% | ||
| 2019 | $55.26B | -7.2% | ||
| 2018 | $59.53B | +23.1% | ||
| 2017 | $48.35B | +5.8% | ||
| 2016 | $45.69B | -14.4% | ||
| 2015 | $53.39B | +35.1% | ||
| 2014 | $39.51B | +6.7% | ||
| 2013 | $37.04B | -11.3% | ||
| 2012 | $41.73B | +61.0% | ||
| 2011 | $25.92B | +85.0% | ||
| 2010 | $14.01B | +70.2% | ||
| 2009 | $8.23B | +70.4% | ||
| 2008 | $4.83B | +38.3% | ||
| 2007 | $3.50B | +75.7% | ||
| 2006 | $1.99B | +49.8% | ||
| 2005 | $1.33B | +399.2% | ||
| 2004 | $266.00M | +285.5% | ||
| 2003 | $69.00M | +6.2% | ||
| 2002 | $65.00M | -360.0% | ||
| 2001 | -$25.00M | -103.2% | ||
| 2000 | $786.00M | +30.8% | ||
| 1999 | $601.00M | +94.5% | ||
| 1998 | $309.00M | -129.6% | ||
| 1997 | -$1.04B | +28.1% | ||
| 1996 | -$816.00M | -292.5% | ||
| 1995 | $424.00M | +36.8% | ||
| 1994 | $310.00M | +256.3% | ||
| 1993 | $87.00M | -83.6% | ||
| 1992 | $530.37M | +71.2% | ||
| 1991 | $309.80M | -34.8% | ||
| 1990 | $474.90M | +4.6% | ||
| 1989 | $454.00M | +13.4% | ||
| 1988 | $400.30M | +84.0% | ||
| 1987 | $217.50M | +41.2% | ||
| 1986 | $154.00M | +151.6% | ||
| 1985 | $61.20M | — |
Net Income 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) net income totalled $112.01B – grew 19.5% year-over-year.
Across 2020–2025 (5 years), Apple net income produced a CAGR of +14.3% – with the latest reading among the more recent periods of the dataset.
$112.01B stands as the all-time-high annual net income, posted in 2025, against a low of -$1.04B during 1997.
Within Technology, Apple (AAPL) ranks 3rd among 8 peers we track. The peer median for net income is $17.78B.
Apple Net Income by Year
Apple Net Income 2025: $112.01B
Apple net income in 2025 was $112.01B, grew 19.5% from 2024. This figure represents the highest annual value in the available history.
Apple Net Income 2024: $93.74B
Apple net income in 2024 was $93.74B, edged down 3.4% below 2023.
Apple Net Income 2023: $97.00B
Apple net income in 2023 was $97.00B, edged down 2.8% below 2022.
Apple Net Income 2022: $99.80B
Apple net income in 2022 was $99.80B, grew 5.4% from 2021.
Apple Net Income 2021: $94.68B
Apple net income in 2021 was $94.68B.
See more financial history for Apple (AAPL).
Sector peers — Net Income
Companies in the same sector as Apple, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.74T | Technology |
| NVIDIA Corporation (NVDA) | $120.07B | Technology |
| Microsoft Corporation (MSFT) | $101.83B | Technology |
| Broadcom Inc. (AVGO) | $23.13B | Technology |
| Oracle Corporation (ORCL) | $12.44B | Technology |
| ASML Holding N.V. (ASML) | $9.61B | Technology |
| Micron Technology, Inc. (MU) | $8.54B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $4.33B | Technology |
Frequently asked questions
What is Apple's net income?
- Latest reported net income for Apple (AAPL) is $122.58B (period ending March 28, 2026).
How has Apple net income changed year-over-year?
- Apple (AAPL) net income changed +19.5% year-over-year on the latest annual filing.
What is the long-term growth rate of Apple net income?
- Apple (AAPL) net income compound annual growth rate is +14.3% over the most recent 5 years available.
When did Apple net income hit its highest annual value?
- Apple net income reached its highest annual value of $112.01B in 2025.
What was Apple net income in 2024?
- Apple (AAPL) net income in 2024 was $93.74B.
What was Apple net income in 2025?
- Apple (AAPL) net income in 2025 was $112.01B.
Metrics overview
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