Apple Inc.
AAPLNasdaqTechnology · Technology · CIK 0000320193
Price
$308.14
Market cap
$4.32T
Last synced Jul 2, 2026, 5:17 PM
Analyst report
Numbers from SEC XBRL filings; narrative bound to those numbers only.
Generated · Jul 2, 2026, 5:17 PM
Overview
Apple Inc., a Technology sector company listed on Nasdaq, reported $111.18B in revenue for Q2, with a 16.6% year-over-year increase. The company's net income was $29.58B, representing a 19.4% year-over-year growth. Apple's current financial posture is characterized by significant revenue and net income growth.
Key metrics — latest reported
Revenue
Q2 · 2026-03-28$111.18B
The 16.6% year-over-year increase in revenue to $111.18B indicates strong growth, but the -22.7% quarter-over-quarter decrease may raise concerns about sustainability.
SEC filing ↗Net income
Q2 · 2026-03-28$29.58B
Net income of $29.58B for Q2 2026 is up 19.4% year-over-year, per the company's SEC filing.
SEC filing ↗Diluted EPS
Q2 · 2026-03-28$2.01
Diluted EPS of $2.01 for Q2 2026 is up 21.8% year-over-year, per the company's SEC filing.
SEC filing ↗Gross profit
Q2 · 2026-03-28$54.78B
The 22.1% year-over-year increase in gross profit to $54.78B suggests improving profitability, but the -20.9% quarter-over-quarter decrease may indicate margin pressure.
SEC filing ↗Operating income
Q2 · 2026-03-28$35.88B
Operating income of $35.88B for Q2 2026 is up 21.3% year-over-year, per the company's SEC filing.
SEC filing ↗Operating cash flow
Q1 · 2025-12-27$53.92B
Operating cash flow of $53.92B for Q1 2025 is up 80.1% year-over-year, per the company's SEC filing.
SEC filing ↗R&D expense
Q2 · 2026-03-28$11.42B
The 33.6% year-over-year increase in R&D expense to $11.42B may indicate significant investment in future growth initiatives.
SEC filing ↗Cash & equivalents
Q2 · 2026-03-28$45.57B
Cash & equivalents of $45.57B for Q2 2026 is up 26.8% year-over-year, per the company's SEC filing.
SEC filing ↗Total assets
Q2 · 2026-03-28$371.08B
Total assets of $371.08B for Q2 2026 is up 3.3% year-over-year, per the company's SEC filing.
SEC filing ↗Stockholders' equity
Q2 · 2026-03-28$106.49B
Stockholders' equity of $106.49B for Q2 2026 is up 20.8% year-over-year, per the company's SEC filing.
SEC filing ↗Earnings take
The latest reported period, Q2, showed a 16.6% year-over-year increase in revenue to $111.18B and a 19.4% year-over-year increase in net income to $29.58B. However, the company experienced a -22.7% quarter-over-quarter decrease in revenue and a -29.7% quarter-over-quarter decrease in net income. Diluted EPS was $2.01, with a 21.8% year-over-year increase.
Risks
- !Margin compression is a risk, as evidenced by the -20.9% quarter-over-quarter decrease in gross profit.
- !The -22.7% quarter-over-quarter decrease in revenue may indicate slowing growth.
- !The significant increase in R&D expense may not yield immediate returns, posing a risk to near-term profitability.
Watch next quarter
- →The company's ability to sustain revenue growth in future quarters, particularly in light of the -22.7% quarter-over-quarter decrease in Q2.
- →The impact of increased R&D expense on future profitability and growth initiatives.
- →The company's cash generation and operating cash flow, which was $53.92B in Q1, to assess its ability to invest in growth initiatives and return value to shareholders.
Quarterly trend — SEC XBRL
As reported in 10-Q/10-K filings; newest quarter first.
| Metric | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $111.18B | $143.76B | $94.04B | $95.36B | $124.30B | $85.78B | $90.75B | $119.58B |
| Net income | $29.58B | $42.10B | $23.43B | $24.78B | $36.33B | $21.45B | $23.64B | $33.92B |
| Diluted EPS | $2.01 | $2.84 | $1.57 | $1.65 | $2.40 | $1.40 | $1.53 | $2.18 |
| Gross profit | $54.78B | $69.23B | $43.72B | $44.87B | $58.27B | $39.68B | $42.27B | $54.85B |
| Operating income | $35.88B | $50.85B | $28.20B | $29.59B | $42.83B | $25.35B | $27.90B | $40.37B |
| Operating cash flow | — | $53.92B | — | — | $29.93B | — | — | $39.90B |
SEC filings
10-K annual, 10-Q quarterly, 8-K current events — earnings-related filings are flagged.
DEFINITIVE PROXY STATEMENT
DEFINITIVE PROXY STATEMENT
FORM 8-K
FORM 8-K
FORM 8-K
News
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