Apple (AAPL) Inventory (2009 - 2026)
Apple (AAPL) reported Inventory of $11.09 billion for fiscal Q3 2026 (quarter ended Jun 27, 2026), up 87.2% from $5.93 billion a year earlier and up 64.4% from the prior quarter.
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Analysis
Apple (AAPL) Inventory (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Sep 27, 2025), Apple posted Inventory of $5.72 billion, down 21.5% from FY2024.
- Inventory has a five-year compound annual growth rate of 7.1% (FY2020 to FY2025).
- By fiscal year, Inventory came in at $7.29 billion in FY2024 (+15.1%), $6.33 billion in FY2023 (+28.0%), $4.95 billion in FY2022 (-24.8%) and $6.58 billion in FY2021 (+62.0%).
- The fiscal Q3 2026 figure ranks as the highest quarterly Inventory in data going back to fiscal Q3 2009.
- Year over year, Inventory gained in five of the last eight quarters, with growth averaging 9.5%.
- The high point for year-over-year Inventory in five years was fiscal Q3 2026 (growth of 87.2%); the low point was fiscal Q4 2022 (a decline of 24.8%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $6.75 billion (Q2 2026), $5.88 billion (Q1 2026) and $5.72 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,863.18 Bn | 4,610.67 Bn | 54.77 Bn | 11.09 Bn |
| 2 | Cisco Systems | 445.19 Bn | 381.12 Bn | 11.06 Bn | 5.69 Bn |
| 3 | Dell Technologies | 353.32 Bn | 309.07 Bn | 9.83 Bn | 21.29 Bn |
| 4 | Arista Networks | 261.04 Bn | 214.50 Bn | 1.91 Bn | 2.54 Bn |
| 5 | Sandisk | 248.81 Bn | 237.33 Bn | 7.58 Bn | 2.70 Bn |
| 6 | Seagate Technology Holdings | 201.18 Bn | 196.18 Bn | 1.90 Bn | 1.57 Bn |
| 7 | Western Digital | 159.43 Bn | 147.56 Bn | 2.03 Bn | 1.51 Bn |
| 8 | Sony | 144.77 Bn | 95.16 Bn | 6.53 Bn | 8.56 Bn |
| 9 | Lumentum Holdings | 96.72 Bn | 88.53 Bn | 477.30 Mn | 691.60 Mn |
| 10 | Hewlett Packard Enterprise | 90.82 Bn | 68.69 Bn | 4.93 Bn | 11.82 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 11.09 Bn |
| Mar 28, 2026 | 6.75 Bn |
| Dec 27, 2025 | 5.88 Bn |
| Sep 27, 2025 | 5.72 Bn |
| Jun 28, 2025 | 5.93 Bn |
| Mar 29, 2025 | 6.27 Bn |
| Dec 28, 2024 | 6.91 Bn |
| Sep 28, 2024 | 7.29 Bn |
| Jun 29, 2024 | 6.17 Bn |
| Mar 30, 2024 | 6.23 Bn |
| Dec 30, 2023 | 6.51 Bn |
| Sep 30, 2023 | 6.33 Bn |
| Jul 1, 2023 | 7.35 Bn |
| Apr 1, 2023 | 7.48 Bn |
| Dec 31, 2022 | 6.82 Bn |
| Sep 24, 2022 | 4.95 Bn |
| Jun 25, 2022 | 5.43 Bn |
| Mar 26, 2022 | 5.46 Bn |
| Dec 25, 2021 | 5.88 Bn |
| Sep 25, 2021 | 6.58 Bn |
API Access
Apple Inventory 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=inventory&ticker=AAPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=AAPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();