Apple (AAPL) Common Equity (2009 - 2026)
Apple's Common Equity came in at $107.52 billion for fiscal Q3 2026 (quarter ended Jun 27, 2026), up 63.3% from $65.83 billion a year earlier and up 1.0% from the prior quarter.
Apple (AAPL) Common Equity (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Sep 27, 2025), Apple's Common Equity was $73.73 billion, up 29.5% from FY2024.
- Common Equity carries a five-year compound annual growth rate of 2.4% (FY2020 to FY2025).
- Going back by fiscal year, Common Equity was $56.95 billion in FY2024 (-8.4%), $62.15 billion in FY2023 (+22.6%), $50.67 billion in FY2022 (-19.7%) and $63.09 billion in FY2021 (-3.4%).
- The fiscal Q3 2026 figure represents the highest quarterly Common Equity since fiscal Q1 2019.
- Year-over-year, Common Equity has increased for four consecutive quarters, with growth averaging 19.3% over the last eight quarters.
- The fastest year-over-year change in Common Equity over five years came in fiscal Q3 2026 (growth of 63.3%), and the weakest in fiscal Q1 2023 (a decline of 21.1%).
- Business Quant data shows AAPL's Common Equity at $106.49 billion (Q2 2026), $88.19 billion (Q1 2026) and $73.73 billion (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,863.18 Bn | 4,610.67 Bn | 54.77 Bn | 107.52 Bn |
| 2 | Cisco Systems | 445.19 Bn | 381.12 Bn | 11.06 Bn | 50.29 Bn |
| 3 | Dell Technologies | 353.32 Bn | 309.07 Bn | 9.83 Bn | -1.43 Bn |
| 4 | Arista Networks | 261.04 Bn | 214.50 Bn | 1.91 Bn | 14.80 Bn |
| 5 | Sandisk | 248.81 Bn | 237.33 Bn | 7.58 Bn | 15.74 Bn |
| 6 | Seagate Technology Holdings | 201.18 Bn | 196.18 Bn | 1.90 Bn | 2.17 Bn |
| 7 | Western Digital | 159.43 Bn | 147.56 Bn | 2.03 Bn | 8.86 Bn |
| 8 | Sony | 144.77 Bn | 95.16 Bn | 6.53 Bn | 52.51 Bn |
| 9 | Lumentum Holdings | 96.72 Bn | 88.53 Bn | 477.30 Mn | 4.64 Bn |
| 10 | Hewlett Packard Enterprise | 90.82 Bn | 68.69 Bn | 4.93 Bn | 26.58 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 107.52 Bn |
| Mar 28, 2026 | 106.49 Bn |
| Dec 27, 2025 | 88.19 Bn |
| Sep 27, 2025 | 73.73 Bn |
| Jun 28, 2025 | 65.83 Bn |
| Mar 29, 2025 | 66.80 Bn |
| Dec 28, 2024 | 66.76 Bn |
| Sep 28, 2024 | 56.95 Bn |
| Jun 29, 2024 | 66.71 Bn |
| Mar 30, 2024 | 74.19 Bn |
| Dec 30, 2023 | 74.10 Bn |
| Sep 30, 2023 | 62.15 Bn |
| Jul 1, 2023 | 60.27 Bn |
| Apr 1, 2023 | 62.16 Bn |
| Dec 31, 2022 | 56.73 Bn |
| Sep 24, 2022 | 50.67 Bn |
| Jun 25, 2022 | 58.11 Bn |
| Mar 26, 2022 | 67.40 Bn |
| Dec 25, 2021 | 71.93 Bn |
| Sep 25, 2021 | 63.09 Bn |
Apple Common Equity 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=common-equity&ticker=AAPL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=AAPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();