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Apple (AAPL): what its SEC filings show

Two years of results through Q4 fiscal 2026 (Jul–Sep 2026), in plain English. Every figure links to the SEC filing it came from.

Built by the Tribune's code from SEC filings. No AI wrote or changed any figure. No ratings or advice. Updated Nov. 3, 2026. Latest report: 10-K, filed Nov. 3, 2026. Updates automatically when the company files its next report. How this page works

The latest quarter at a glance

Revenue
$114.5B
up 12% from a year earlier
Q4 fiscal 2025: $102.5B
Net income
$30.7B
up 12% from a year earlier
Q4 fiscal 2025: $27.5B
Gross margin
47.9%
up 0.7 points from a year earlier
Q4 fiscal 2025: 47.2%. Calculated by the Tribune
Free cash flow
$25.9B
Q4 fiscal 2025: $26.5B. Calculated by the Tribune
Shares outstanding
14.53B
down 2% from a year earlier
Q4 fiscal 2025: 14.77B. More shares means each share owns a smaller slice

Q4 fiscal 2026 (Jul–Sep 2026) compared with Q4 fiscal 2025.

What changed this quarter

  • Revenue was $114.5 billion, up 12% from $102.5 billion a year earlier. Source
  • Net income was $30.7 billion, up 12% from $27.5 billion a year earlier. Source

Two-year trends

Revenue

All the money the company took in from sales, before any costs.

124.3Q1 FY2595.4Q2 FY2594.0Q3 FY25102.5Q4 FY25143.8Q1 FY26111.2Q2 FY26109.4Q3 FY26114.5Q4 FY26
124.3Q1FY2595.4Q2FY2594.0Q3FY25102.5Q4FY25143.8Q1FY26111.2Q2FY26109.4Q3FY26114.5Q4FY26
Billions of dollars, as filed.

Net income

What was left after all costs, interest and taxes: the bottom line. Below the line is a loss.

36.3Q1 FY2524.8Q2 FY2523.4Q3 FY2527.5Q4 FY2542.1Q1 FY2629.6Q2 FY2629.8Q3 FY2630.7Q4 FY26
36.3Q1FY2524.8Q2FY2523.4Q3FY2527.5Q4FY2542.1Q1FY2629.6Q2FY2629.8Q3FY2630.7Q4FY26
Billions of dollars: net income attributable to the company's shareholders, as filed (GAAP).

Gross margin

How much of each sales dollar is left after the cost of making the product.

46.9Q1 FY2547.1Q2 FY2546.5Q3 FY2547.2Q4 FY2548.2Q1 FY2649.3Q2 FY2650.1Q3 FY2647.9Q4 FY26
46.9Q1FY2547.1Q2FY2546.5Q3FY2547.2Q4FY2548.2Q1FY2649.3Q2FY2650.1Q3FY2647.9Q4FY26
Percent of revenue. Calculated by the Tribune: gross profit divided by revenue, as filed.

Free cash flow

Cash brought in by running the business, minus spending on property and equipment. Below the line means the company spent more than it brought in that quarter.

27.0Q1 FY2520.9Q2 FY2524.4Q3 FY2526.5Q4 FY2551.6Q1 FY2626.7Q2 FY2631.9Q3 FY2625.9Q4 FY26
27.0Q1FY2520.9Q2FY2524.4Q3FY2526.5Q4FY2551.6Q1FY2626.7Q2FY2631.9Q3FY2625.9Q4FY26
Billions of dollars. Calculated by the Tribune: cash from operations minus payments for property and equipment, both as filed.

Shares outstanding

How many shares exist. When the number rises, each share owns a smaller slice of the company.

15.04Q1 FY2514.94Q2 FY2514.86Q3 FY2514.77Q4 FY2514.70Q1 FY2614.67Q2 FY2614.61Q3 FY2614.53Q4 FY26
15.04Q1FY2514.94Q2FY2514.86Q3FY2514.77Q4FY2514.70Q1FY2614.67Q2FY2614.61Q3FY2614.53Q4FY26
Billions of shares on each quarter-end date (or on the report's cover page a few weeks later).

Cash and short-term investments compared with debt

Cash on hand next to what the company owes in loans and bonds.

Cash and short-term investmentsDebt
5497Q1 FY254898Q2 FY2555102Q3 FY255599Q4 FY256791Q1 FY266985Q2 FY266284Q3 FY265780Q4 FY26
Q1FY25Q2FY25Q3FY25Q4FY25Q1FY26Q2FY26Q3FY26Q4FY26
Billions of dollars at each quarter-end. Debt = short-term plus long-term debt, only when both are filed for that date (calculated by the Tribune). A dash means no data.

Warning-sign checks

Code looks for these filings in the last three years and reports only that a filing exists, never what it means for the stock.

Auditor change
The company changed the accounting firm that checks its books.
None in the last three years
Past results can't be relied on
The company said earlier reported results were wrong and will be corrected.
None in the last three years
Late filing
The company told the SEC a required report would be late.
None in the last three years

Every figure and its filing

Each figure links to the 10-Q or 10-K it came from. "No data" means it wasn't filed in a form the methodology accepts; nothing is estimated.

FigureQ1 fiscal 2025Oct–Dec 2024Q2 fiscal 2025Jan–Mar 2025Q3 fiscal 2025Apr–Jun 2025Q4 fiscal 2025Jul–Sep 2025Q1 fiscal 2026Oct–Dec 2025Q2 fiscal 2026Dec 28, 2025–Mar 28, 2026Q3 fiscal 2026Apr–Jun 2026Q4 fiscal 2026Jul–Sep 2026
Revenue$124.3 billion$95.4 billion$94.0 billion$102.5 billion$143.8 billion$111.2 billion$109.4 billion$114.5 billion
Net income$36.3 billion$24.8 billion$23.4 billion$27.5 billion$42.1 billion$29.6 billion$29.8 billion$30.7 billion
Cash from operations$29.9 billion$24.0 billion$27.9 billion$29.7 billion$53.9 billion$28.7 billion$34.4 billion$28.1 billion
Spending on property and equipment$2.9 billion$3.1 billion$3.5 billion$3.2 billion$2.4 billion$2.0 billion$2.5 billion$2.2 billion
Free cash flow (calculated)$27.0 billion$20.9 billion$24.4 billion$26.5 billion$51.6 billion$26.7 billion$31.9 billion$25.9 billion
Gross margin (calculated)46.9%47.1%46.5%47.2%48.2%49.3%50.1%47.9%
Shares outstanding15.04 billion14.94 billion14.86 billion14.77 billion14.70 billion14.67 billion14.61 billion14.53 billion
Cash and short-term investments (calculated)$53.8 billion$48.5 billion$55.4 billion$54.7 billion$66.9 billion$68.5 billion$62.4 billion$56.7 billion
Debt (calculated)$96.8 billion$98.2 billion$101.7 billion$98.7 billion$90.5 billion$84.7 billion$84.3 billion$80.1 billion

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Figures as filed in 10-Q and 10-K reports; the latest filing wins. Single quarters, the fourth quarter (the full year minus the first nine months), free cash flow, margins and changes are calculated by the Tribune. Methodology version 1.2. How this page works · All of Apple's filings on SEC EDGAR