Apple Inc. (AAPL) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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AAPL Revenue Growth
Revenue Breakdown (FY 2025)
AAPL's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
AAPL Revenue Analysis (2014–2025)
As of May 6, 2026, Apple Inc. (AAPL) generated trailing twelve-month (TTM) revenue of $451.44 billion, reflecting strong growth of +16.6% year-over-year. The most recent quarter (Q2 2026) recorded $111.18 billion in revenue, down 22.7% sequentially.
Looking at the longer-term picture, AAPL's 5-year compound annual growth rate (CAGR) stands at +8.7%, indicating steady revenue expansion. The company achieved its highest annual revenue of $416.16 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows AAPL's business is primarily driven by iPhone (50%), Service (26%), and Wearables, Home and Accessories (9%). With over half of revenue concentrated in iPhone, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including MSFT (+17.9% YoY), GOOGL (+17.5% YoY), and AMZN (+14.2% YoY), AAPL has underperformed the peer group in terms of revenue growth. Compare AAPL vs MSFT →
AAPL Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| AAPLCurrent | $451.4B | +16.6% | +8.7% | 32.0% | |
 MSFT | $281.7B | +17.9% | +14.5% | 45.6% | |
 GOOGL | $403.0B | +17.5% | +17.2% | 32.1% | |
 AMZN | $716.9B | +14.2% | +13.2% | 11.2% | |
 META | $201.0B | +26.2% | +18.5% | 41.4% | |
 SONY | $12.96T | +0.6% | +9.4% | 10.9% |
AAPL Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $416.16B | +6.4% | $195.20B | 46.9% | $133.05B | 32.0% |
| 2024 | $391.04B | +2.0% | $180.68B | 46.2% | $123.22B | 31.5% |
| 2023 | $383.29B | -2.8% | $169.15B | 44.1% | $114.30B | 29.8% |
| 2022 | $394.33B | +7.8% | $170.78B | 43.3% | $119.44B | 30.3% |
| 2021 | $365.82B | +33.3% | $152.84B | 41.8% | $108.95B | 29.8% |
| 2020 | $274.51B | +5.5% | $104.96B | 38.2% | $66.29B | 24.1% |
| 2019 | $260.17B | -2.0% | $98.39B | 37.8% | $63.93B | 24.6% |
| 2018 | $265.60B | +15.9% | $101.84B | 38.3% | $70.90B | 26.7% |
| 2017 | $229.23B | +6.3% | $88.19B | 38.5% | $61.34B | 26.8% |
| 2016 | $215.64B | -7.7% | $84.26B | 39.1% | $60.02B | 27.8% |
Full AAPL Stock Analysis
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Start ComparisonAAPL — Frequently Asked Questions
Quick answers to the most common questions about buying AAPL stock.
Is AAPL's revenue growth accelerating or slowing?
AAPL revenue is accelerating at +16.6% year-over-year, exceeding the 5-year CAGR of +8.7%. TTM revenue reached $451.4B. Growth momentum has increased versus prior periods.
What is AAPL's long-term revenue growth rate?
Apple Inc.'s 5-year revenue CAGR of +8.7% reflects the sustained expansion pattern. Current YoY growth of +16.6% is above this long-term average.
How is AAPL's revenue distributed by segment?
AAPL reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.