Apple (AAPL) Invested Capital (2012 - 2026)
Apple's (AAPL) quarterly Invested Capital came in at $202.8 billion in Q2 2026, up 14.66% on a YoY basis from $176.9 billion in Q2 2025, and up 1.67% quarter-over-quarter from $199.5 billion in Q1 2026.
Analysis
Apple (AAPL) Invested Capital (2012 - 2026) Analysis & Trends
Apple (AAPL) has reported Invested Capital for 15 consecutive years, with $202.8 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Invested Capital rose 14.66% year-over-year to $202.8 billion; the trailing twelve-month figure through Jun 2026 stood at $202.8 billion (up 14.66% YoY), and the FY2025 full-year result was $184.8 billion, up 5.89% from the prior year.
- Invested Capital rose to $202.8 billion in Q2 2026 per AAPL's latest filing, from $199.5 billion in the prior quarter.
- Across five years, Invested Capital topped out at $202.8 billion in Q2 2026 and bottomed at $174.4 billion in Q4 2024.
- Historically, Invested Capital has averaged $185.3 billion across 5 years, with a median of $182.7 billion in 2023.
- The sharpest annual moves came in 2022 and 2026: Invested Capital decreased 13.74% in 2022, then increased 14.66% in 2026.
- Over 5 years, Invested Capital stood at $177.6 billion in 2022, then grew by 8.69% to $193.1 billion in 2023, then fell by 9.66% to $174.4 billion in 2024, then rose by 9.24% to $190.5 billion in 2025, then advanced by 6.46% to $202.8 billion in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $202.8 billion, $199.5 billion, and $190.5 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,859.45 Bn | 4,797.05 Bn | 54.77 Bn | 202.82 Bn |
| 2 | Garmin | 53.81 Bn | 51.14 Bn | 1.26 Bn | - |
| 3 | Vuzix | 211.42 Mn | 194.13 Mn | -645,411.00 | - |
| 4 | Zepp Health | 69.33 Mn | -328,416.31 | 23.73 Mn | - |
| 5 | Foxx Development Holdings | 17.72 Mn | 14.53 Mn | -1.45 Mn | -47.73 Mn |
| 6 | Wearable Devices | 652,391.50 | -18.19 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 202.82 Bn |
| Mar 28, 2026 | 199.50 Bn |
| Dec 27, 2025 | 190.51 Bn |
| Sep 27, 2025 | 184.76 Bn |
| Jun 28, 2025 | 176.90 Bn |
| Mar 29, 2025 | 178.62 Bn |
| Dec 28, 2024 | 174.40 Bn |
| Sep 28, 2024 | 174.49 Bn |
| Jun 29, 2024 | 180.12 Bn |
| Mar 30, 2024 | 189.55 Bn |
| Dec 30, 2023 | 193.05 Bn |
| Sep 30, 2023 | 183.06 Bn |
| Jul 1, 2023 | 176.78 Bn |
| Apr 1, 2023 | 182.33 Bn |
| Dec 31, 2022 | 177.61 Bn |
| Sep 24, 2022 | 181.87 Bn |
| Jun 25, 2022 | 191.80 Bn |
| Mar 26, 2022 | 197.06 Bn |
| Dec 25, 2021 | 205.90 Bn |
| Sep 25, 2021 | 187.81 Bn |