Apple (AAPL) Change in Inventory (2009 - 2026)
Apple (AAPL) recorded Change in Inventory of $4.38 billion in fiscal Q3 2026 (quarter ended Jun 27, 2026), compared with -$365 million a year earlier and up 401.4% from the prior quarter.
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Analysis
Apple (AAPL) Change in Inventory (2009 - 2026) Analysis & Trends
On a TTM basis, Apple's Change in Inventory came in at $5.28 billion as of Jun 27, 2026; for FY2025 (ended Sep 27, 2025), it came in at -$1.4 billion.
- Across earlier fiscal years, Change in Inventory came in at $1.05 billion in FY2024 (-35.4%), $1.62 billion in FY2023, -$1.48 billion in FY2022 and $2.64 billion in FY2021.
- The fiscal Q3 2026 figure is the highest quarterly Change in Inventory in data going back to fiscal Q2 2009.
- Per Business Quant, the preceding three fiscal quarters came in at $873 million (Q2 2026), $211 million (Q1 2026) and -$177 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,863.18 Bn | 4,610.67 Bn | 54.77 Bn | 4.38 Bn |
| 2 | Cisco Systems | 445.19 Bn | 381.12 Bn | 11.06 Bn | 992.00 Mn |
| 3 | Dell Technologies | 353.32 Bn | 309.07 Bn | 9.83 Bn | 6.23 Bn |
| 4 | Arista Networks | 261.04 Bn | 214.50 Bn | 1.91 Bn | 155.20 Mn |
| 5 | Sandisk | 248.81 Bn | 237.33 Bn | 7.58 Bn | 460.00 Mn |
| 6 | Seagate Technology Holdings | 201.18 Bn | 196.18 Bn | 1.90 Bn | 41.00 Mn |
| 7 | Western Digital | 159.43 Bn | 147.56 Bn | 2.03 Bn | 154.00 Mn |
| 8 | Sony | 144.77 Bn | 95.16 Bn | 6.53 Bn | -811.88 Mn |
| 9 | Lumentum Holdings | 96.72 Bn | 88.53 Bn | 477.30 Mn | 63.20 Mn |
| 10 | Hewlett Packard Enterprise | 90.82 Bn | 68.69 Bn | 4.93 Bn | 2.89 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 4.38 Bn |
| Mar 28, 2026 | 873.00 Mn |
| Dec 27, 2025 | 211.00 Mn |
| Sep 27, 2025 | -177.00 Mn |
| Jun 28, 2025 | -365.00 Mn |
| Mar 29, 2025 | -643.00 Mn |
| Dec 28, 2024 | -215.00 Mn |
| Sep 28, 2024 | 1.09 Bn |
| Jun 29, 2024 | 12.00 Mn |
| Mar 30, 2024 | -190.00 Mn |
| Dec 30, 2023 | 137.00 Mn |
| Sep 30, 2023 | -952.00 Mn |
| Jul 1, 2023 | 22.00 Mn |
| Apr 1, 2023 | 741.00 Mn |
| Dec 31, 2022 | 1.81 Bn |
| Sep 24, 2022 | -435.00 Mn |
| Jun 25, 2022 | 16.00 Mn |
| Mar 26, 2022 | -384.00 Mn |
| Dec 25, 2021 | -681.00 Mn |
| Sep 25, 2021 | 1.43 Bn |
API Access
Apple Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=AAPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "AAPL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=AAPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();