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Products → Revenue: $298B
Revenue → Cost of revenue: $214B
iPhone → Products: $201B
Cost of revenue → Product costs: $189B
Revenue → Gross profit: $169B
Gross profit → Operating profit: $114B
Operating profit → Net profit: $97B
Services → Revenue: $85B
Gross profit → Operating expenses: $55B
Wearable & accessories → Products: $40B
Operating expenses → R&D: $30B
Mac → Products: $29B
iPad → Products: $28B
Operating expenses → SG&A: $25B
Cost of revenue → Service costs: $25B
Operating profit → Tax: $17B
Operating profit → Other: $1B
Cost of revenue
$214B
-4% Y/Y
Gross profit
$169B
-1% Y/Y
Mac
$29B
-27% Y/Y
Net profit
$97B
-3% Y/Y
Operating expenses
$55B
7% Y/Y
Operating profit
$114B
-4% Y/Y
Other
$1B
69% Y/Y
Product costs
$189B
-6% Y/Y
Products
$298B
-6% Y/Y
R&D
$30B
14% Y/Y
Revenue
$383B
-3% Y/Y
SG&A
$25B
-1% Y/Y
Service costs
$25B
13% Y/Y
Services
$85B
9% Y/Y
Tax
$17B
-13% Y/Y
Wearable & accessories
$40B
-3% Y/Y
iPad
$28B
-3% Y/Y
iPhone
$201B
-2% Y/Y
Apple FY23 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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