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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |