Apple Inc. (AAPL) Financial Statements - GraphVest

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Metric	FY 2023	FY 2024	FY 2025
Revenue	$383.29B	$391.04B ↑2.0%	$416.16B ↑6.4%
Gross Profit	$169.15B	$180.68B ↑6.8%	$195.20B ↑8.0%
Operating Income	$114.30B	$123.22B ↑7.8%	$133.05B ↑8.0%
Net Income	$97.00B	$93.74B ↓3.4%	$112.01B ↑19.5%
EPS	6.16	6.11 ↓0.8%	7.49 ↑22.6%

Metric	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Revenue	$124.30B	$95.36B ↓23.3%	$94.04B ↓1.4%	$102.47B ↑9.0%	$143.76B ↑40.3%
Gross Profit	$58.27B	$44.87B ↓23.0%	$43.72B ↓2.6%	$48.34B ↑10.6%	$69.23B ↑43.2%
Operating Income	$42.83B	$29.59B ↓30.9%	$28.20B ↓4.7%	$32.43B ↑15.0%	$50.85B ↑56.8%
Net Income	$36.33B	$24.78B ↓31.8%	$23.43B ↓5.4%	$27.47B ↑17.2%	$42.10B ↑53.3%
EPS	2.41	1.65 ↓31.5%	1.57 ↓4.8%	1.85 ↑17.8%	2.85 ↑54.1%

Metric	FY 2023	FY 2024	FY 2025
Total Assets	$352.58B	$364.98B ↑3.5%	$359.24B ↓1.6%
Total Debt	$123.93B	$119.06B ↓3.9%	$112.38B ↓5.6%
Total Equity	$62.15B	$56.95B ↓8.4%	$73.73B ↑29.5%
Cash & Equiv.	$29.96B	$29.94B ↓0.1%	$35.93B ↑20.0%

Metric	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Total Assets	$344.08B	$331.23B ↓3.7%	$331.50B ↑0.1%	$359.24B ↑8.4%	$379.30B ↑5.6%
Total Debt	$96.80B	$98.19B ↑1.4%	$101.70B ↑3.6%	$112.38B ↑10.5%	$90.51B ↓19.5%
Total Equity	$66.76B	$66.80B ↑0.1%	$65.83B ↓1.4%	$73.73B ↑12.0%	$88.19B ↑19.6%
Cash & Equiv.	$30.30B	$28.16B ↓7.1%	$36.27B ↑28.8%	$35.93B ↓0.9%	$45.32B ↑26.1%

Metric	FY 2023	FY 2024	FY 2025
Net Income	$97.00B	$93.74B ↓3.4%	$112.01B ↑19.5%
Free Cash Flow	$99.58B	$108.81B ↑9.3%	$98.77B ↓9.2%

Metric	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Net Income	$36.33B	$24.78B ↓31.8%	$23.43B ↓5.4%	$27.47B ↑17.2%	$42.10B ↑53.3%
Free Cash Flow	$27.00B	$20.88B ↓22.6%	$24.41B ↑16.9%	$26.49B ↑8.5%	$51.55B ↑94.6%