TTM
$155B
YoY change
+8.0%
5Y CAGR
+15.0%
Peak year (FY2025)
$133B
Cumulative operating income
$1.35T
Operating Income history chart for Apple (AAPL) from 2016 to 2025
Latest: $133B
Operating Income growth chart for Apple (AAPL) from 2016 to 2025
Latest: +8.0%
Operating Income history table for Apple (AAPL) from 1985 to 2025
| FY2025 | $133B | +8.0% | +$9.83B | ||
| FY2024 | $123B | +7.8% | +$8.92B | ||
| FY2023 | $114B | -4.3% | -$5.14B | ||
| FY2022 | $119B | +9.6% | +$10.5B | ||
| FY2021 | $109B | +64.4% | +$42.7B | ||
| FY2020 | $66.3B | +3.7% | +$2.36B | ||
| FY2019 | $63.9B | -9.8% | -$6.97B | ||
| FY2018 | $70.9B | +15.6% | +$9.55B | ||
| FY2017 | $61.3B | +2.2% | +$1.32B | ||
| FY2016 | $60B | -15.7% | -$11.2B | ||
| FY2015 | $71.2B | +35.7% | +$18.7B | ||
| FY2014 | $52.5B | +7.2% | +$3.5B | ||
| FY2013 | $49B | -11.3% | -$6.24B | ||
| FY2012 | $55.2B | +63.5% | +$21.5B | ||
| FY2011 | $33.8B | +83.8% | +$15.4B | ||
| FY2010 | $18.4B | +61.7% | +$7.02B | ||
| FY2009 | $11.4B | +81.2% | +$5.1B | ||
| FY2008 | $6.28B | +42.3% | +$1.87B | ||
| FY2007 | $4.41B | +79.7% | +$1.96B | ||
| FY2006 | $2.45B | +49.3% | +$810M | ||
| FY2005 | $1.64B | +424.9% | +$1.33B | ||
| FY2004 | $313M | -31400.0% | +$314M | ||
| FY2003 | -$1M | -105.9% | -$18M | ||
| FY2002 | $17M | -104.9% | +$361M | ||
| FY2001 | -$344M | -165.9% | -$866M | ||
| FY2000 | $522M | +45.4% | +$163M | ||
| FY1999 | $359M | +37.5% | +$98M | ||
| FY1998 | $261M | -124.4% | +$1.33B | ||
| FY1997 | -$1.07B | -22.6% | +$313M | ||
| FY1996 | -$1.38B | -302.2% | -$2.07B | ||
| FY1995 | $684M | +31.0% | +$162M | ||
| FY1994 | $522M | +374.8% | +$412M | ||
| FY1993 | $110M | -86.3% | -$696M | ||
| FY1992 | $806M | +80.1% | +$358M | ||
| FY1991 | $447M | -37.2% | -$265M | ||
| FY1990 | $712M | +12.2% | +$77.7M | ||
| FY1989 | $634M | +2.3% | +$14M | ||
| FY1988 | $620M | +67.0% | +$249M | ||
| FY1987 | $372M | +35.8% | +$98M | ||
| FY1986 | $274M | +85.7% | +$126M | ||
| FY1985 | $147M | — | — |
- FY2025$133B+8.0%
- FY2024$123B+7.8%
- FY2023$114B-4.3%
- FY2022$119B+9.6%
- FY2021$109B+64.4%
- FY2020$66.3B+3.7%
- FY2019$63.9B-9.8%
- FY2018$70.9B+15.6%
- FY2017$61.3B+2.2%
- FY2016$60B-15.7%
- FY2015$71.2B+35.7%
- FY2014$52.5B+7.2%
- FY2013$49B-11.3%
- FY2012$55.2B+63.5%
- FY2011$33.8B+83.8%
- FY2010$18.4B+61.7%
- FY2009$11.4B+81.2%
- FY2008$6.28B+42.3%
- FY2007$4.41B+79.7%
- FY2006$2.45B+49.3%
- FY2005$1.64B+424.9%
- FY2004$313M-31400.0%
- FY2003-$1M-105.9%
- FY2002$17M-104.9%
- FY2001-$344M-165.9%
- FY2000$522M+45.4%
- FY1999$359M+37.5%
- FY1998$261M-124.4%
- FY1997-$1.07B-22.6%
- FY1996-$1.38B-302.2%
- FY1995$684M+31.0%
- FY1994$522M+374.8%
- FY1993$110M-86.3%
- FY1992$806M+80.1%
- FY1991$447M-37.2%
- FY1990$712M+12.2%
- FY1989$634M+2.3%
- FY1988$620M+67.0%
- FY1987$372M+35.8%
- FY1986$274M+85.7%
- FY1985$147M—
Operating Income values are taken from Apple's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Income at Apple (AAPL)
According to Apple's latest reported financial statements, the company's current operating income (TTM) is $155B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
2025's annual operating income for Apple (AAPL) came in at $133B – grew 8.0% year-over-year.
Apple operating income compound annual growth for the 2020–2025 (5 years) window is +15.0%, sustaining 2 straight years of year-over-year growth.
Across the available history, operating income reached its high of $133B in 2025 and its low of -$1.38B in 1996.
Apple Operating Income by Year
Apple Operating Income 2025: $133B
Apple operating income in 2025 was $133B, grew 8.0% from 2024. This figure represents the highest annual value in the available history.
Apple Operating Income 2024: $123B
2024's operating income for Apple came in at $123B, grew 7.8% from 2023.
Apple Operating Income 2023: $114B
Apple posted operating income of $114B in 2023, edged down 4.3% below 2022.
Apple Operating Income 2022: $119B
In 2022, Apple reported operating income of $119B, grew 9.6% from 2021.
Apple Operating Income 2021: $109B
Apple operating income in 2021 was $109B.
See more financial history for Apple (AAPL).
Sector peers by Operating Income
Technology peers of Apple (AAPL), ranked by their latest operating income
| $155B | |
| $130B | |
| $63.1B | |
| $25.5B | |
| $13.2B | |
| $9.87B | |
| $3.69B |
- $155B
- $130B
- $63.1B
- $25.5B
- $13.2B
- $9.87B
- $3.69B
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