Apple (AAPL) Research & Development (2009 - 2026)

Apple has reported Research & Development for 18 years, with the latest figure at $11.7 billion in Q2 2026.

• Research & Development for Q2 2026 came in at $11.7 billion, up 32.29% year-over-year; the trailing twelve-month figure through Jun 2026 was $42.9 billion (up 28.26% YoY), and the FY2025 annual result was $34.6 billion, up 10.14% from the prior year.
• Research & Development climbed to $11.7 billion in Q2 2026, from $11.4 billion in the prior quarter.
• Over five years, Research & Development peaked at $11.7 billion in Q2 2026 and troughed at $6.4 billion in Q1 2022.
• A 5-year average of $8.3 billion and a median of $7.8 billion in 2024 frame the typical range for Research & Development.
• The widest annual swing landed in 2023, when Research & Development fell 0.17%; it then surged 33.56% in 2026.
• A 5-year view of Research & Development shows it stood at $7.7 billion in 2022, then decreased by 0.17% to $7.7 billion in 2023, then gained by 7.43% to $8.3 billion in 2024, then soared by 31.68% to $10.9 billion in 2025, then advanced by 7.73% to $11.7 billion in 2026.
• Per Business Quant data, the three most recent Research & Development figures were $11.7 billion in Q2 2026, $11.4 billion in Q1 2026, and $10.9 billion in Q4 2025.