Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $216B | $229B | $266B | $260B | $275B | $366B | $394B | $383B | $391B | $416B |
| Revenue growth | — | 6.3% | 15.9% | -2.0% | 5.5% | 33.3% | 7.8% | -2.8% | 2.0% | 6.4% |
| Gross profit | $84.3B | $88.2B | $102B | $98.4B | $105B | $153B | $171B | $169B | $181B | $195B |
| Gross margin | 39.1% | 38.5% | 38.3% | 37.8% | 38.2% | 41.8% | 43.3% | 44.1% | 46.2% | 46.9% |
| Operating income | $60.0B | $61.3B | $70.9B | $63.9B | $66.3B | $109B | $119B | $114B | $123B | $133B |
| Operating margin | 27.8% | 26.8% | 26.7% | 24.6% | 24.1% | 29.8% | 30.3% | 29.8% | 31.5% | 32.0% |
| Net income | $45.7B | $48.4B | $59.5B | $55.3B | $57.4B | $94.7B | $99.8B | $97.0B | $93.7B | $112B |
| Net margin | 21.2% | 21.1% | 22.4% | 21.2% | 20.9% | 25.9% | 25.3% | 25.3% | 24.0% | 26.9% |
| EPS (diluted) | $8.31 | $9.21 | $2.98 | $2.97 | $3.28 | $5.61 | $6.11 | $6.13 | $6.08 | $7.46 |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $66.2B | $64.2B | $77.4B | $69.4B | $80.7B | $104B | $122B | $111B | $118B | $111B |
| Capital expenditures | $12.7B | $12.5B | $13.3B | $10.5B | $7.31B | $11.1B | $10.7B | $11.0B | $9.45B | $12.7B |
| Free cash flow | $53.5B | $51.8B | $64.1B | $58.9B | $73.4B | $93.0B | $111B | $99.6B | $109B | $98.8B |
| Share buybacks | $29.7B | $32.9B | $72.7B | $66.9B | $72.4B | $86.0B | $89.4B | $77.5B | $94.9B | $90.7B |
| Dividends paid | $12.2B | $12.8B | $13.7B | $14.1B | $14.1B | $14.5B | $14.8B | $15.0B | $15.2B | $15.4B |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $20.5B | $20.3B | $25.9B | $48.8B | $38.0B | $34.9B | $23.6B | $30.0B | $29.9B | $35.9B |
| Total assets | $322B | $375B | $366B | $339B | $324B | $351B | $353B | $353B | $365B | $359B |
| Total liabilities | $193B | $241B | $259B | $248B | $259B | $288B | $302B | $290B | $308B | $286B |
| Long-term debt | $75.4B | $97.2B | $93.7B | $91.8B | $98.7B | $109B | $99.0B | $95.3B | $85.8B | $78.3B |
| Shareholders' equity | $128B | $134B | $107B | $90.5B | $65.3B | $63.1B | $50.7B | $62.1B | $57.0B | $73.7B |
| Retained earnings | $96.4B | $98.3B | $70.4B | $45.9B | $15.0B | $5.56B | -$3.07B | -$214M | -$19.2B | -$14.3B |
| Shares (wtd avg diluted) | 5.50B | 5.25B | 20.0B | 18.6B | 17.5B | 16.9B | 16.3B | 15.8B | 15.4B | 15.0B |
Every figure is extracted from Apple Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
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