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

Apple (AAPL) has reported Cost of Revenue for 18 consecutive years, with $56.4 billion the latest figure, recorded in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $56.4 billion, up 11.71% year-over-year; the trailing twelve-month figure through Mar 2026 was $235.4 billion (up 10.16% YoY), and the FY2025 annual result was $221.0 billion, up 5.04% from the prior year.
• Cost of Revenue was $56.4 billion for Q1 2026 at Apple, down from $74.5 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.
• Average Cost of Revenue over 5 years is $54.7 billion, with a median of $52.1 billion recorded in 2022.
• Year-over-year, Cost of Revenue decreased 8.28% in 2024 and grew 12.87% in 2025.
• Over 5 years, Cost of Revenue stood at $66.8 billion in 2022, then decreased by 3.15% to $64.7 billion in 2023, then gained by 2.02% to $66.0 billion in 2024, then advanced by 12.87% to $74.5 billion in 2025, then declined by 24.32% to $56.4 billion in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $56.4 billion in Q1 2026, $74.5 billion in Q4 2025, and $54.1 billion in Q3 2025.