Apple Inc. (AAPL)

AAPL Balance Sheet

Assets, liabilities, and equity analysis

AAPL Quarterly Balance Sheet (USD)

Quarterly Report	TTM	03/28/2026	12/27/2025	09/27/2025	06/28/2025	03/29/2025	12/28/2024	09/28/2024	06/29/2024
Total Current Assets	144.114B	144.114B	158.104B	147.957B	122.491B	118.674B	133.240B	152.987B	125.435B
Cash & Cash Equivalents	36.328B	36.328B	45.317B	35.934B	36.269B	28.162B	30.299B	29.943B	25.565B
Short-Term Investments	32.179B	32.179B	21.590B	18.763B	19.103B	20.336B	23.476B	35.228B	36.236B
Cash & Short-Term Investments	68.507B	68.507B	66.907B	54.697B	55.372B	48.498B	53.775B	65.171B	61.801B
Accounts Receivable	53.511B	53.511B	70.320B	72.957B	46.835B	49.798B	59.306B	66.243B	43.172B
Inventory	6.747B	6.747B	5.875B	5.718B	5.925B	6.269B	6.911B	7.286B	6.165B
Total Assets	371.082B	371.082B	379.297B	359.241B	331.495B	331.233B	344.085B	364.980B	331.612B
Property, Plant & Equipment	50.116B	50.116B	50.159B	49.834B	48.508B	46.876B	46.069B	45.680B	44.502B
Goodwill	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Intangible Assets	21.334B	21.334B	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Investments	78.088B	78.088B	77.888B	77.723B	77.614B	84.424B	87.593B	91.479B	91.240B
Total Current Liabilities	134.641B	134.641B	162.367B	165.631B	141.120B	144.571B	144.365B	176.392B	131.624B
Accounts Payable	57.349B	57.349B	70.587B	69.860B	50.374B	54.126B	61.910B	68.960B	47.574B
Short-Term Debt	10.307B	10.307B	13.824B	20.329B	19.268B	19.620B	12.843B	20.879B	15.108B
Total Liabilities	264.591B	264.591B	291.107B	285.508B	265.665B	264.437B	277.327B	308.030B	264.904B
Long-Term Debt	74.404B	74.404B	76.685B	78.328B	82.430B	78.566B	83.956B	85.750B	86.196B
Total Debt	84.711B	84.711B	90.509B	112.377B	101.698B	98.186B	96.799B	119.059B	101.304B
Net Debt (Cash)	48.383B	48.383B	45.192B	76.443B	65.429B	70.024B	66.500B	89.116B	75.739B
Total Shareholders' Equity	106.491B	106.491B	88.190B	73.733B	65.830B	66.796B	66.758B	56.950B	66.708B
Common Stock	99.507B	99.507B	95.221B	93.568B	89.806B	88.711B	84.768B	83.276B	79.850B
Retained Earnings	12.359B	12.359B	-2.177B	-14.264B	-17.607B	-15.552B	-11.221B	-19.154B	-4.726B
Current Ratio	1.07	1.07	0.97	0.89	0.87	0.82	0.92	0.87	0.95
Debt to Equity Ratio	0.80	0.80	1.03	1.52	1.54	1.47	1.45	2.09	1.52

AAPL Annual Balance Sheet (USD)

Annual Report	09/27/2025	09/28/2024	09/30/2023	09/24/2022	09/25/2021	09/26/2020	09/28/2019	09/29/2018
Total Current Assets	147.957B	152.987B	143.566B	135.405B	134.836B	143.713B	162.819B	131.339B
Cash & Cash Equivalents	35.934B	29.943B	29.965B	23.646B	34.940B	38.016B	48.844B	25.913B
Short-Term Investments	18.763B	35.228B	31.590B	24.658B	27.699B	52.927B	51.713B	40.388B
Cash & Short-Term Investments	54.697B	65.171B	61.555B	48.304B	62.639B	90.943B	100.557B	66.301B
Accounts Receivable	72.957B	66.243B	60.985B	60.932B	51.506B	37.445B	45.804B	48.995B
Inventory	5.718B	7.286B	6.331B	4.946B	6.580B	4.061B	4.106B	3.956B
Total Assets	359.241B	364.980B	352.583B	352.755B	351.002B	323.888B	338.516B	365.725B
Property, Plant & Equipment	49.834B	45.680B	54.376B	52.534B	49.527B	45.336B	37.378B	41.304B
Goodwill	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Intangible Assets	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Investments	77.723B	91.479B	100.544B	120.805B	127.877B	100.887B	105.341B	170.799B
Total Current Liabilities	165.631B	176.392B	145.308B	153.982B	125.481B	105.392B	105.718B	115.929B
Accounts Payable	69.860B	68.960B	62.611B	64.115B	54.763B	42.296B	46.236B	55.888B
Short-Term Debt	20.329B	20.879B	15.807B	21.110B	15.613B	13.769B	16.240B	20.748B
Total Liabilities	285.508B	308.030B	290.437B	302.083B	287.912B	258.549B	248.028B	258.578B
Long-Term Debt	78.328B	85.750B	95.281B	98.959B	109.106B	98.667B	91.807B	93.735B
Total Debt	112.377B	119.059B	123.930B	132.480B	136.522B	122.278B	108.047B	114.483B
Net Debt (Cash)	76.443B	89.116B	93.965B	108.834B	101.582B	84.262B	59.203B	88.570B
Total Shareholders' Equity	73.733B	56.950B	62.146B	50.672B	63.090B	65.339B	90.488B	107.147B
Common Stock	93.568B	83.276B	73.812B	64.849B	57.365B	50.779B	45.174B	40.201B
Retained Earnings	-14.264B	-19.154B	-214.000M	-3.068B	5.562B	14.966B	45.898B	70.400B
Current Ratio	0.89	0.87	0.99	0.88	1.07	1.36	1.54	1.13
Debt to Equity Ratio	1.52	2.09	1.99	2.61	2.16	1.87	1.19	1.07

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Apple Inc.

Apple Inc. is a global technology corporation that specializes in the conceptualization, production, and sale of a diverse suite of electronic devices. Its comprehensive hardware lineup features the well-known iPhone smartphones, Mac personal computers, and versatile iPad tablets. The company also supplies a range of wearables, smart home products, and accessories, including AirPods, Apple TV, Apple Watch, items from the Beats brand, and HomePod speakers. Beyond its device offerings, Apple delivers essential support services like AppleCare and robust cloud solutions. It oversees key digital platforms, prominently the App Store, which acts as a central hub for customers to discover and download countless applications and digital content, from e-books and music to videos, games, and podcasts. The company also generates revenue via advertising, leveraging both its proprietary ad platforms and third-party licensing deals. Apple's ecosystem is further bolstered by a wide array of subscription-based services: Apple Arcade for gaming, Apple Fitness+ for personalized wellness, Apple Music for curated audio experiences and on-demand radio, Apple News+ for access to news and magazines, and Apple TV+ for exclusive original video programming. Its financial services portfolio includes the co-branded Apple Card and the mobile payment system, Apple Pay. Additionally, Apple strategically licenses its intellectual property. The company serves a broad clientele that spans individual consumers, small and medium-sized enterprises, as well as institutional clients in the education, corporate, and governmental sectors. Products are distributed through a multi-channel strategy, utilizing Apple's own physical retail locations and online storefronts, a dedicated direct sales team, and collaborations with external partners such as mobile network providers, wholesalers, general retailers, and authorized resellers. The App Store additionally functions as the primary conduit for third-party applications designed for its devices. Founded in 1976, Apple Inc. is headquartered in Cupertino, California.

Cupertino, CA

164,000 employees

www.apple.com

Technology / Consumer Electronics

Sector: Technology
Industry: Consumer Electronics
CEO: Timothy D. Cook

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