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Products → Revenue: $294.9B
Revenue → Cost of revenue: $210.4B
iPhone → Products: $201.2B
Cost of revenue → Product costs: $185.2B
Revenue → Gross profit: $180.7B
Gross profit → Operating profit: $123.2B
Services → Revenue: $96.2B
Operating profit → Net profit: $93.5B
Gross profit → Operating expenses: $57.5B
Wearable & accessories → Products: $37.0B
Operating expenses → R&D: $31.4B
Mac → Products: $30.0B
Operating profit → Tax: $29.7B
iPad → Products: $26.7B
Operating expenses → SG&A: $26.1B
Cost of revenue → Service costs: $25.1B
Other → Net profit: $0.3B
Cost of revenue
$210.4B
-2% Y/Y
Gross profit
$180.7B
7% Y/Y
Mac
$30.0B
2% Y/Y
Net profit
$93.7B
-3% Y/Y
Operating expenses
$57.5B
5% Y/Y
Operating profit
$123.2B
8% Y/Y
Other
$269M
Product costs
$185.2B
-2% Y/Y
Products
$294.9B
-1% Y/Y
R&D
$31.4B
5% Y/Y
Revenue
$391.0B
2% Y/Y
SG&A
$26.1B
5% Y/Y
Service costs
$25.1B
1% Y/Y
Services
$96.2B
13% Y/Y
Tax
$29.7B
78% Y/Y
Wearable & accessories
$37.0B
-7% Y/Y
iPad
$26.7B
-6% Y/Y
iPhone
$201.2B
0% Y/Y
Apple FY24 Income Statement
created with SankeyArt.com
2020
Full Year
2021
Full Year
2022
Q4
Full Year
2023
Q1
Q2
Q3
Q4
Full Year
2024
Q1
Q2
Q3
Full Year
2025
Q1
Q2
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