Growth Metrics

Apple (AAPL) Operating Expenses (2016 - 2026)

Apple filings provide 18 years of Operating Expenses readings, the most recent being $18.9 billion for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 23.68% to $18.9 billion in Q1 2026 year-over-year; TTM through Mar 2026 was $68.7 billion, a 15.79% increase, with the full-year FY2025 number at $62.2 billion, up 8.15% from a year prior.
  • Operating Expenses hit $18.9 billion in Q1 2026 for Apple, up from $18.4 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $18.9 billion in Q1 2026 to a low of $12.6 billion in Q1 2022.
  • Median Operating Expenses over the past 5 years was $14.3 billion (2024), compared with a mean of $14.7 billion.
  • Biggest five-year swings in Operating Expenses: increased 1.16% in 2023 and later rose 23.68% in 2026.
  • Apple's Operating Expenses stood at $14.3 billion in 2022, then grew by 1.16% to $14.5 billion in 2023, then grew by 6.64% to $15.4 billion in 2024, then rose by 19.01% to $18.4 billion in 2025, then increased by 2.81% to $18.9 billion in 2026.
  • The last three reported values for Operating Expenses were $18.9 billion (Q1 2026), $18.4 billion (Q4 2025), and $15.9 billion (Q3 2025) per Business Quant data.