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

Apple has reported Cost of Revenue for 18 years, with the latest figure at $56.4 billion in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 11.71% year-over-year to $56.4 billion; the trailing twelve-month figure through Mar 2026 stood at $235.4 billion (up 10.16% YoY), and the FY2025 full-year result was $221.0 billion, up 5.04% from the prior year.
• Cost of Revenue for Q1 2026 stood at $56.4 billion, down from $74.5 billion in the prior quarter.
• The five-year high for Cost of Revenue was $74.5 billion in Q4 2025, with the low at $45.4 billion in Q3 2023.
• Historically, Cost of Revenue has averaged $54.7 billion across 5 years, with a median of $52.1 billion in 2022.
• Annual changes were most pronounced in 2024 — Cost of Revenue fell 8.28% — and 2025, when it advanced 12.87%.
• Apple's Cost of Revenue 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 decreased by 24.32% to $56.4 billion in 2026.
• The last three Cost of Revenue figures came in at $56.4 billion (Q1 2026), $74.5 billion (Q4 2025), and $54.1 billion (Q3 2025), per Business Quant data.