Apple (AAPL) Operating Income (2009 - 2026)
Apple's (AAPL) quarterly Operating Income came in at $35.7 billion in Q2 2026, up 26.57% on a YoY basis from $28.2 billion in Q2 2025, and down 0.53% quarter-over-quarter from $35.9 billion in Q1 2026.
Analysis
Apple (AAPL) Operating Income (2009 - 2026) Analysis & Trends
Apple (AAPL) has reported Operating Income for 18 consecutive years, with $35.7 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Income rose 26.57% year-over-year to $35.7 billion; the trailing twelve-month figure through Jun 2026 stood at $154.9 billion (up 18.93% YoY), and the FY2025 full-year result was $133.0 billion, up 7.98% from the prior year.
- Operating Income slipped to $35.7 billion in Q2 2026 per AAPL's latest filing, from $35.9 billion in the prior quarter.
- Across five years, Operating Income topped out at $50.9 billion in Q4 2025 and bottomed at $23.0 billion in Q3 2023.
- Historically, Operating Income has averaged $31.7 billion across 5 years, with a median of $29.6 billion in 2024.
- The sharpest annual moves came in 2022 and 2026: Operating Income dropped 13.19% in 2022, then grew 26.57% in 2026.
- Over 5 years, Operating Income stood at $36.0 billion in 2022, then rose by 12.1% to $40.4 billion in 2023, then climbed by 6.09% to $42.8 billion in 2024, then increased by 18.72% to $50.9 billion in 2025, then retreated by 29.81% to $35.7 billion in 2026.
- According to Business Quant data, Operating Income over the past three periods registered $35.7 billion, $35.9 billion, and $50.9 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,859.45 Bn | 4,797.05 Bn | 54.77 Bn | 35.70 Bn |
| 2 | Garmin | 53.81 Bn | 51.14 Bn | 1.26 Bn | 615.51 Mn |
| 3 | Vuzix | 211.42 Mn | 194.13 Mn | -645,411.00 | -7.75 Mn |
| 4 | Zepp Health | 69.33 Mn | -328,416.31 | 23.73 Mn | -12.31 Mn |
| 5 | Foxx Development Holdings | 17.72 Mn | 14.53 Mn | -1.45 Mn | -33.97 Mn |
| 6 | Wearable Devices | 652,391.50 | -18.19 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 35.70 Bn |
| Mar 28, 2026 | 35.89 Bn |
| Dec 27, 2025 | 50.85 Bn |
| Sep 27, 2025 | 32.43 Bn |
| Jun 28, 2025 | 28.20 Bn |
| Mar 29, 2025 | 29.59 Bn |
| Dec 28, 2024 | 42.83 Bn |
| Sep 28, 2024 | 29.59 Bn |
| Jun 29, 2024 | 25.35 Bn |
| Mar 30, 2024 | 27.90 Bn |
| Dec 30, 2023 | 40.37 Bn |
| Sep 30, 2023 | 26.97 Bn |
| Jul 1, 2023 | 23.00 Bn |
| Apr 1, 2023 | 28.32 Bn |
| Dec 31, 2022 | 36.02 Bn |
| Sep 24, 2022 | 24.89 Bn |
| Jun 25, 2022 | 23.08 Bn |
| Mar 26, 2022 | 29.98 Bn |
| Dec 25, 2021 | 41.49 Bn |
| Sep 25, 2021 | 23.79 Bn |