Apple AAPL
NASDAQ AAPL
$331.34 -1.74 (-0.52%)
As of: Sep 15, 2026 · 3:59 PM EDT

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

Apple's (AAPL) quarterly Cost of Revenue came in at $54.6 billion in Q2 2026, up 8.6% on a YoY basis from $50.3 billion in Q2 2025, and down 3.11% quarter-over-quarter from $56.4 billion in Q1 2026.

Analysis

Apple (AAPL) Cost of Revenue (2009 - 2026) Analysis & Trends

Apple (AAPL) has reported Cost of Revenue for 18 consecutive years, with $54.6 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Cost of Revenue rose 8.6% year-over-year to $54.6 billion; the trailing twelve-month figure through Jun 2026 stood at $239.7 billion (up 10.01% YoY), and the FY2025 full-year result was $221.0 billion, up 5.04% from the prior year.
  • Cost of Revenue eased to $54.6 billion in Q2 2026 per AAPL's latest filing, from $56.4 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $74.5 billion in Q4 2025 and bottomed at $45.4 billion in Q3 2023.
  • Historically, Cost of Revenue has averaged $54.7 billion across 5 years, with a median of $52.5 billion in 2022.
  • The sharpest annual moves came in 2024 and 2025: Cost of Revenue retreated 8.28% in 2024, then climbed 12.87% in 2025.
  • Over 5 years, Cost of Revenue stood at $66.8 billion in 2022, then retreated by 3.15% to $64.7 billion in 2023, then rose by 2.02% to $66.0 billion in 2024, then gained by 12.87% to $74.5 billion in 2025, then slipped by 26.67% to $54.6 billion in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $54.6 billion, $56.4 billion, and $74.5 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Apple 4,859.45 Bn 4,797.05 Bn 54.77 Bn 54.65 Bn
2 Garmin 53.81 Bn 51.14 Bn 1.26 Bn 760.07 Mn
3 Vuzix 211.42 Mn 194.13 Mn -645,411.00 1.76 Mn
4 Zepp Health 69.33 Mn -328,416.31 23.73 Mn 39.80 Mn
5 Foxx Development Holdings 17.72 Mn 14.53 Mn -1.45 Mn 10.12 Mn
6 Wearable Devices 652,391.50 -18.19 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 27, 2026 54.65 Bn
Mar 28, 2026 56.40 Bn
Dec 27, 2025 74.53 Bn
Sep 27, 2025 54.13 Bn
Jun 28, 2025 50.32 Bn
Mar 29, 2025 50.49 Bn
Dec 28, 2024 66.03 Bn
Sep 28, 2024 51.05 Bn
Jun 29, 2024 46.10 Bn
Mar 30, 2024 48.48 Bn
Dec 30, 2023 64.72 Bn
Sep 30, 2023 49.07 Bn
Jul 1, 2023 45.38 Bn
Apr 1, 2023 52.86 Bn
Dec 31, 2022 66.82 Bn
Sep 24, 2022 52.05 Bn
Jun 25, 2022 47.07 Bn
Mar 26, 2022 54.72 Bn
Dec 25, 2021 69.70 Bn
Sep 25, 2021 48.19 Bn