Apple (AAPL) Operating Income (2009 - 2026)
Apple's Operating Income was $35.63 billion in fiscal Q4 2026 (quarter ended Sep 26, 2026), up 9.9% from $32.43 billion a year earlier but down 0.2% from the prior quarter.
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Analysis
Apple (AAPL) Operating Income (2009 - 2026) Analysis & Trends
For FY2026 (ended Sep 26, 2026), Operating Income at Apple came in at $158.06 billion, up 18.8% from FY2025.
- Operating Income has now increased for three consecutive fiscal years, with a five-year compound annual growth rate of 7.7% (FY2021 to FY2026).
- In earlier fiscal years, Operating Income was $133.05 billion in FY2025 (+8.0%), $123.22 billion in FY2024 (+7.8%), $114.3 billion in FY2023 (-4.3%) and $119.44 billion in FY2022 (+9.6%).
- Quarterly Operating Income has moved between $23 billion (fiscal Q3 2023) and $50.85 billion (fiscal Q1 2026) over five years.
- Compared with a year earlier, Operating Income has increased for ten straight quarters, with growth averaging 13.7% over the last eight quarters.
- The best year-over-year quarter for Operating Income over five years was fiscal Q3 2026 (growth of 26.6%); the worst was fiscal Q1 2023 (a decline of 13.2%).
- Per Business Quant data, AAPL's Operating Income in the three fiscal quarters before Q4 2026 was $35.7 billion (Q3 2026), $35.89 billion (Q2 2026) and $50.85 billion (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,020.54 Bn | 4,766.00 Bn | 54.82 Bn | 35.63 Bn |
| 2 | Cisco Systems | 371.11 Bn | 307.04 Bn | 11.06 Bn | 4.26 Bn |
| 3 | Arista Networks | 215.34 Bn | 164.54 Bn | 2.33 Bn | 1.64 Bn |
| 4 | Dell Technologies | 212.13 Bn | 167.88 Bn | 9.83 Bn | 5.39 Bn |
| 5 | Sony | 161.14 Bn | 95.68 Bn | 7.96 Bn | 3.91 Bn |
| 6 | Sandisk | 122.92 Bn | 107.75 Bn | 9.38 Bn | 8.78 Bn |
| 7 | Seagate Technology Holdings | 105.29 Bn | 100.14 Bn | 2.43 Bn | 2.06 Bn |
| 8 | Western Digital | 96.46 Bn | 86.29 Bn | 2.53 Bn | 2.05 Bn |
| 9 | Hewlett Packard Enterprise | 59.75 Bn | 37.63 Bn | 4.93 Bn | 1.39 Bn |
| 10 | Garmin | 55.13 Bn | 44.69 Bn | 1.26 Bn | 611.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 35.63 Bn |
| 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 |
API Access
Apple Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=AAPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "AAPL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=AAPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();