Apple (AAPL) Free Cash Flow (2009 - 2026)
Apple (AAPL) reported Free Cash Flow of $25.86 billion for fiscal Q4 2026 (quarter ended Sep 26, 2026), down 2.4% from $26.49 billion a year earlier and down 19.0% from the prior quarter.
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Analysis
Apple (AAPL) Free Cash Flow (2009 - 2026) Analysis & Trends
For FY2026 (ended Sep 26, 2026), Apple posted Free Cash Flow of $136.06 billion, up 37.8% from FY2025.
- Free Cash Flow has a five-year compound annual growth rate of 7.9% (FY2021 to FY2026).
- By fiscal year, Free Cash Flow came in at $98.77 billion in FY2025 (-9.2%), $108.81 billion in FY2024 (+9.3%), $99.58 billion in FY2023 (-10.6%) and $111.44 billion in FY2022 (+19.9%).
- The fiscal Q4 2026 figure ranks as the lowest quarterly Free Cash Flow since fiscal Q3 2025.
- Year over year, Free Cash Flow gained in five of the last eight quarters, with growth averaging 15.3%.
- The high point for year-over-year Free Cash Flow in five years was fiscal Q1 2026 (growth of 91.0%); the low point was fiscal Q1 2023 (a decline of 31.6%).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at $31.91 billion (Q3 2026), $26.73 billion (Q2 2026) and $51.55 billion (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,020.54 Bn | 4,766.00 Bn | 54.82 Bn | 25.86 Bn |
| 2 | Cisco Systems | 371.11 Bn | 307.04 Bn | 11.06 Bn | 5.00 Bn |
| 3 | Arista Networks | 215.34 Bn | 164.54 Bn | 2.33 Bn | 1.10 Bn |
| 4 | Dell Technologies | 212.13 Bn | 167.88 Bn | 9.83 Bn | 986.00 Mn |
| 5 | Sony | 161.14 Bn | 95.68 Bn | 7.96 Bn | 3.75 Bn |
| 6 | Sandisk | 122.92 Bn | 107.75 Bn | 9.38 Bn | 6.31 Bn |
| 7 | Seagate Technology Holdings | 105.29 Bn | 100.14 Bn | 2.43 Bn | 1.48 Bn |
| 8 | Western Digital | 96.46 Bn | 86.29 Bn | 2.53 Bn | 1.38 Bn |
| 9 | Hewlett Packard Enterprise | 59.75 Bn | 37.63 Bn | 4.93 Bn | 896.00 Mn |
| 10 | Garmin | 55.13 Bn | 44.69 Bn | 1.26 Bn | 293.27 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 25.86 Bn |
| Jun 27, 2026 | 31.91 Bn |
| Mar 28, 2026 | 26.73 Bn |
| Dec 27, 2025 | 51.55 Bn |
| Sep 27, 2025 | 26.49 Bn |
| Jun 28, 2025 | 24.41 Bn |
| Mar 29, 2025 | 20.88 Bn |
| Dec 28, 2024 | 27.00 Bn |
| Sep 28, 2024 | 23.90 Bn |
| Jun 29, 2024 | 26.71 Bn |
| Mar 30, 2024 | 20.69 Bn |
| Dec 30, 2023 | 37.50 Bn |
| Sep 30, 2023 | 19.44 Bn |
| Jul 1, 2023 | 24.29 Bn |
| Apr 1, 2023 | 25.64 Bn |
| Dec 31, 2022 | 30.22 Bn |
| Sep 24, 2022 | 20.84 Bn |
| Jun 25, 2022 | 20.79 Bn |
| Mar 26, 2022 | 25.65 Bn |
| Dec 25, 2021 | 44.16 Bn |
API Access
Apple Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=AAPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "AAPL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=AAPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();