Apple Inc. (AAPL)
The annual net income for Apple Inc. (AAPL) is $112.01 Billion with a year-over-year change of +19.50%. Net income represents the company's bottom line profit after all expenses, taxes, and interest.
Annual Net Income (TTM)
$112.01B
$112.01 Billion
Year-over-Year Change
+19.50%
vs. $93.74B prior year
Profitability Assessment
Healthy Profit Growth
Net income is growing at a healthy pace, showing consistent profitability improvement.
Net Income CAGR (Compound Annual Growth Rate)
1 Year
+7.49%
3 Year
+3.91%
5 Year
+14.30%
10 Year
+7.69%
15 Year
+14.86%
20 Year
+24.81%
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Net Income History
| Year | Net Income | YoY Change | % Change |
|---|---|---|---|
| 2025 | $112.01B | +$18.27B | +19.50% |
| 2024 | $93.74B | -$3.26B | -3.36% |
| 2023 | $97.00B | -$2.81B | -2.81% |
| 2022 | $99.80B | +$5.12B | +5.41% |
| 2021 | $94.68B | +$37.27B | +64.92% |
| 2020 | $57.41B | +$2.15B | +3.90% |
| 2019 | $55.26B | -$4.28B | -7.18% |
| 2018 | $59.53B | +$11.18B | +23.12% |
| 2017 | $48.35B | +$2.66B | +5.83% |
| 2016 | $45.69B | -$7.71B | -14.43% |
Net Income Growth Summary
TTM Growth
+7.49%
3-Year Avg Growth
+3.91%
5-Year Avg Growth
+14.30%
Understanding Net Income
What is Net Income? Net income (also called net profit or the bottom line) is the total earnings remaining after subtracting all expenses, including operating costs, interest, taxes, and depreciation from revenue. It's the most comprehensive measure of profitability.
Why it Matters: Net income directly impacts shareholder value and is used to calculate important metrics like EPS (Earnings Per Share) and P/E ratio. Growing net income indicates improving profitability, while declining net income may signal operational challenges or increased costs.
Net Income vs. Revenue: While revenue shows total sales, net income shows what's left after all costs. A company can have growing revenue but declining net income if expenses grow faster than sales.