Growth Metrics

Apple (AAPL) Operating Expenses (2009 - 2026)

Apple posted quarterly Operating Expenses of $18.9 billion for Q1 2026, up 23.68% year-on-year from $15.3 billion in Q1 2025, and up 2.81% on a QoQ basis from $18.4 billion in Q4 2025.

Apple (AAPL) has 18 years of Operating Expenses data on file, last reported at $18.9 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 23.68% year-over-year to $18.9 billion; the trailing twelve-month figure through Mar 2026 stood at $68.7 billion (up 15.79% YoY), and the FY2025 full-year result was $62.2 billion, up 8.15% from the prior year.
  • Operating Expenses for Q1 2026 stood at $18.9 billion, up from $18.4 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $18.9 billion in Q1 2026 and bottomed at $12.6 billion in Q1 2022.
  • The 5-year median for Operating Expenses is $14.3 billion (2024), against an average of $14.7 billion.
  • The widest annual swing landed in 2023, when Operating Expenses rose 1.16%; it then grew 23.68% in 2026.
  • A 5-year view of Operating Expenses shows it stood at $14.3 billion in 2022, then rose by 1.16% to $14.5 billion in 2023, then rose by 6.64% to $15.4 billion in 2024, then advanced by 19.01% to $18.4 billion in 2025, then grew by 2.81% to $18.9 billion in 2026.
  • The last three Operating Expenses figures came in at $18.9 billion (Q1 2026), $18.4 billion (Q4 2025), and $15.9 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Apple 4,505.01 Bn 4,436.50 Bn 54.78 Bn 18.90 Bn
2 Sonos 1.95 Bn 1.70 Bn 124.65 Mn 156.22 Mn
3 Zepp Health 1.91 Bn 1.80 Bn 34.42 Mn -38.29 Mn
4 Vuzix 331.33 Mn 310.18 Mn 375,000.00 8.76 Mn
5 Turtle Beach 256.59 Mn 244.27 Mn 11.29 Mn 25.36 Mn
6 Axil Brands 44.33 Mn 38.81 Mn 5.04 Mn 4.83 Mn
7 Koss 39.85 Mn 21.00 Mn 1.00 Mn 1.72 Mn
8 Foxx Development Holdings 34.37 Mn 31.18 Mn -1.45 Mn 32.52 Mn
9 GoPro 12.18 Mn -28.54 Mn 4.31 Mn 61.55 Mn
10 Emerson Radio 8.47 Mn -4.82 Mn 206,000.00 2.72 Mn

Historic Data

Download Data 🔒
DateValue
Mar 28, 2026 18.90 Bn
Dec 27, 2025 18.38 Bn
Sep 27, 2025 15.91 Bn
Jun 28, 2025 15.52 Bn
Mar 29, 2025 15.28 Bn
Dec 28, 2024 15.44 Bn
Sep 28, 2024 14.29 Bn
Jun 29, 2024 14.33 Bn
Mar 30, 2024 14.37 Bn
Dec 30, 2023 14.48 Bn
Sep 30, 2023 13.46 Bn
Jul 1, 2023 13.42 Bn
Apr 1, 2023 13.66 Bn
Dec 31, 2022 14.32 Bn
Sep 24, 2022 13.20 Bn
Jun 25, 2022 12.81 Bn
Mar 26, 2022 12.58 Bn
Dec 25, 2021 12.76 Bn
Sep 25, 2021 11.39 Bn
Jun 26, 2021 11.13 Bn
Mar 27, 2021 10.58 Bn
Dec 26, 2020 10.79 Bn
Sep 26, 2020 9.91 Bn
Jun 27, 2020 9.59 Bn
Mar 28, 2020 9.52 Bn
Dec 28, 2019 9.65 Bn
Sep 28, 2019 8.69 Bn
Jun 29, 2019 8.68 Bn
Mar 30, 2019 8.41 Bn
Dec 29, 2018 8.69 Bn
Sep 29, 2018 7.97 Bn
Jun 30, 2018 7.81 Bn
Mar 31, 2018 7.53 Bn
Dec 30, 2017 7.64 Bn
Sep 30, 2017 6.81 Bn
Jul 1, 2017 6.72 Bn
Apr 1, 2017 6.49 Bn
Dec 31, 2016 6.82 Bn
Sep 24, 2016 6.05 Bn
Jun 25, 2016 6.00 Bn
Mar 26, 2016 5.93 Bn
Dec 26, 2015 6.25 Bn
Sep 26, 2015 5.93 Bn
Jun 27, 2015 5.60 Bn
Mar 28, 2015 5.38 Bn
Dec 27, 2014 5.50 Bn
Sep 27, 2014 4.84 Bn
Jun 28, 2014 4.45 Bn
Mar 29, 2014 4.35 Bn
Dec 28, 2013 4.38 Bn
Sep 28, 2013 3.84 Bn
Jun 29, 2013 3.82 Bn
Mar 30, 2013 3.79 Bn
Dec 29, 2012 3.85 Bn
Sep 29, 2012 3.46 Bn
Jun 30, 2012 3.42 Bn
Mar 31, 2012 3.18 Bn
Dec 31, 2011 3.36 Bn
Sep 24, 2011 2.67 Bn
Jun 25, 2011 2.54 Bn
Mar 26, 2011 2.34 Bn
Dec 25, 2010 2.47 Bn
Sep 25, 2010 2.07 Bn
Jun 26, 2010 1.90 Bn
Mar 27, 2010 1.65 Bn
Dec 26, 2009 1.69 Bn
Sep 26, 2009 1.42 Bn
Jun 27, 2009 1.35 Bn
Mar 28, 2009 1.30 Bn