Apple Inc. (AAPL)
The tax expense for Apple Inc. (AAPL) is $20.72 Billion with a year-over-year change of -30.35%. Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.
Current Tax Expense
$20.72B
$20.72 Billion
Year-over-Year Change
-30.35%
vs. $29.75B prior year
Historical Data
30
Years of data available
Annual Tax Expense History
| Year | Tax Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $20.72B | $-9.03B | -30.35% |
| 2024 | $29.75B | +$13.01B | +77.70% |
| 2023 | $16.74B | $-2.56B | -13.26% |
| 2022 | $19.30B | +$4.77B | +32.86% |
| 2021 | $14.53B | +$4.85B | +50.07% |
| 2020 | $9.68B | $-801.00M | -7.64% |
| 2019 | $10.48B | $-2.89B | -21.62% |
| 2018 | $13.37B | $-2.37B | -15.03% |
| 2017 | $15.74B | +$53.00M | +0.34% |
| 2016 | $15.69B | — | — |
Understanding Income Tax Expense
What is Income Tax Expense? Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.
Why it Matters: Tax expense affects the bottom line and cash flow. Companies with effective tax planning strategies may have lower effective tax rates. Understanding tax expense helps assess the sustainability of net income.
How to Use: Calculate effective tax rate (Tax Expense / EBT). Compare to statutory rates to understand tax efficiency. Unusually low rates may indicate tax credits, deferred taxes, or international tax structures.