Apple (AAPL) Invested Capital (2013 - 2026)

Apple has reported Invested Capital for 14 years, with the latest figure at $11.0 billion in Q2 2026.

• Invested Capital for Q2 2026 came in at $11.0 billion, up 17.78% year-over-year; the trailing twelve-month figure through Jun 2026 was $43.5 billion (down 2.79% YoY), and the FY2025 annual result was $12.4 billion, up 13.18% from the prior year.
• Invested Capital rose to $11.0 billion in Q2 2026, from $8.3 billion in the prior quarter.
• Over five years, Invested Capital peaked at $14.0 billion in Q2 2022 and troughed at $7.2 billion in Q3 2023.
• A 5-year average of $10.8 billion and a median of $10.9 billion in 2024 frame the typical range for Invested Capital.
• The widest annual swing landed in 2022, when Invested Capital surged 74.26%; it then slumped 48.49% in 2023.
• A 5-year view of Invested Capital shows it stood at $9.7 billion in 2022, then climbed by 12.46% to $11.0 billion in 2023, then slipped by 0.97% to $10.8 billion in 2024, then increased by 9.02% to $11.8 billion in 2025, then retreated by 6.93% to $11.0 billion in 2026.
• Per Business Quant data, the three most recent Invested Capital figures were $11.0 billion in Q2 2026, $8.3 billion in Q1 2026, and $11.8 billion in Q4 2025.