Apple (AAPL) Operating Expenses (2009 - 2026)

Apple has reported Operating Expenses for 18 years, with the latest figure at $19.1 billion in Q2 2026.

• Operating Expenses for Q2 2026 came in at $19.1 billion, up 22.94% year-over-year; the trailing twelve-month figure through Jun 2026 was $72.3 billion (up 19.4% YoY), and the FY2025 annual result was $62.2 billion, up 8.15% from the prior year.
• Operating Expenses advanced to $19.1 billion in Q2 2026, from $18.9 billion in the prior quarter.
• Over five years, Operating Expenses peaked at $19.1 billion in Q2 2026 and troughed at $12.6 billion in Q1 2022.
• A 5-year average of $15.0 billion and a median of $14.3 billion in 2024 frame the typical range for Operating Expenses.
• The widest annual swing landed in 2023, when Operating Expenses climbed 1.16%; it then gained 23.68% in 2026.
• A 5-year view of Operating Expenses shows it stood at $14.3 billion in 2022, then increased by 1.16% to $14.5 billion in 2023, then increased by 6.64% to $15.4 billion in 2024, then gained by 19.01% to $18.4 billion in 2025, then grew by 3.79% to $19.1 billion in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $19.1 billion in Q2 2026, $18.9 billion in Q1 2026, and $18.4 billion in Q4 2025.