Apple (AAPL) Operating Expenses (2009 - 2026)

Apple (AAPL) has reported Operating Expenses for 18 consecutive years, with $18.9 billion the latest figure, recorded in Q1 2026.

• Operating Expenses for Q1 2026 came in at $18.9 billion, up 23.68% year-over-year; the trailing twelve-month figure through Mar 2026 was $68.7 billion (up 15.79% YoY), and the FY2025 annual result was $62.2 billion, up 8.15% from the prior year.
• Operating Expenses was $18.9 billion for Q1 2026 at Apple, up from $18.4 billion in the prior quarter.
• Over five years, Operating Expenses peaked at $18.9 billion in Q1 2026 and troughed at $12.6 billion in Q1 2022.
• Average Operating Expenses over 5 years is $14.7 billion, with a median of $14.3 billion recorded in 2024.
• Year-over-year, Operating Expenses advanced 1.16% in 2023 and rose 23.68% in 2026.
• Over 5 years, Operating Expenses stood at $14.3 billion in 2022, then advanced by 1.16% to $14.5 billion in 2023, then advanced by 6.64% to $15.4 billion in 2024, then grew by 19.01% to $18.4 billion in 2025, then rose by 2.81% to $18.9 billion in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $18.9 billion in Q1 2026, $18.4 billion in Q4 2025, and $15.9 billion in Q3 2025.