Apple (AAPL) Cost of Revenue (2009 - 2026)

Apple has reported Cost of Revenue for 18 years, with the latest figure at $54.6 billion in Q2 2026.

• Cost of Revenue for Q2 2026 came in at $54.6 billion, up 8.6% year-over-year; the trailing twelve-month figure through Jun 2026 was $239.7 billion (up 10.01% YoY), and the FY2025 annual result was $221.0 billion, up 5.04% from the prior year.
• Cost of Revenue eased to $54.6 billion in Q2 2026, from $56.4 billion in the prior quarter.
• Over five years, Cost of Revenue peaked at $74.5 billion in Q4 2025 and troughed at $45.4 billion in Q3 2023.
• A 5-year average of $54.7 billion and a median of $52.5 billion in 2022 frame the typical range for Cost of Revenue.
• The widest annual swing landed in 2024, when Cost of Revenue slipped 8.28%; it then increased 12.87% in 2025.
• A 5-year view of Cost of Revenue shows it stood at $66.8 billion in 2022, then declined by 3.15% to $64.7 billion in 2023, then grew by 2.02% to $66.0 billion in 2024, then increased by 12.87% to $74.5 billion in 2025, then retreated by 26.67% to $54.6 billion in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $54.6 billion in Q2 2026, $56.4 billion in Q1 2026, and $74.5 billion in Q4 2025.