Apple financials
How much cash Apple generates, what it holds, what it owes, and how much it hands back to shareholders through buybacks and dividends.
Free cash flow
Cash from operations minus capital spending, per quarter.
Annual free cash flow
Fiscal years with complete data in the SEC filings.
Cash and debt
Cash, marketable securities and total debt at the end of each quarter.
Net cash
Cash and securities minus total debt at the end of each quarter.
Money returned to shareholders
Share repurchases and dividends paid each fiscal year.
Shares shrinking
Diluted weighted average shares per quarter, split-adjusted. Fewer shares means each one owns more of the company.
Profit and spending
Gross profit, operating income and net income per fiscal year.
Balance sheet
Dollars in millions, newest first.
| Quarter | Cash | Securities | Total assets | Total liabilities | Debt | Equity | Shares (B) |
|---|---|---|---|---|---|---|---|
| Q3 FY26 | 39,544 | 106,973 | 383,266 | 275,746 | 84,344 | 107,520 | 14.61 |
| Q2 FY26 | 45,572 | 101,023 | 371,082 | 264,591 | 84,711 | 106,491 | 14.67 |
| Q1 FY26 | 45,317 | 99,478 | 379,297 | 291,107 | 90,509 | 88,190 | 14.70 |
| Q4 FY25 | 35,934 | 96,486 | 359,241 | 285,508 | 98,657 | 73,733 | 14.77 |
| Q3 FY25 | 36,269 | 96,717 | 331,495 | 265,665 | 101,698 | 65,830 | 14.86 |
| Q2 FY25 | 28,162 | 104,760 | 331,233 | 264,437 | 98,186 | 66,796 | 14.94 |
| Q1 FY25 | 30,299 | 111,069 | 344,085 | 277,327 | 96,799 | 66,758 | 15.04 |
| Q4 FY24 | 29,943 | 126,707 | 364,980 | 308,030 | 106,629 | 56,950 | 15.12 |
| Q3 FY24 | 25,565 | 127,476 | 331,612 | 264,904 | 101,304 | 66,708 | 15.22 |
| Q2 FY24 | 32,695 | 129,642 | 337,411 | 263,217 | 104,590 | 74,194 | 15.34 |
| Q1 FY24 | 40,760 | 131,815 | 353,514 | 279,414 | 108,040 | 74,100 | 15.46 |
| Q4 FY23 | 29,965 | 132,134 | 352,583 | 290,437 | 111,088 | 62,146 | 15.55 |
Cash flow by fiscal year
Dollars in millions.
| Fiscal year | Operating cash flow | Capital spending | Free cash flow | Buybacks | Dividends | Total returned |
|---|---|---|---|---|---|---|
| FY2025 | 111,482 | 12,715 | 98,767 | 90,711 | 15,421 | 106,132 |
| FY2024 | 118,254 | 9,447 | 108,807 | 94,949 | 15,234 | 110,183 |
| FY2023 | 110,543 | 10,959 | 99,584 | 77,550 | 15,025 | 92,575 |
| FY2022 | 122,151 | 10,708 | 111,443 | 89,402 | 14,841 | 104,243 |
| FY2021 | 104,038 | 11,085 | 92,953 | 85,971 | 14,467 | 100,438 |
| FY2020 | 80,674 | 7,309 | 73,365 | 72,358 | 14,081 | 86,439 |
| FY2019 | 69,391 | 10,495 | 58,896 | 66,897 | 14,119 | 81,016 |
| FY2018 | 77,434 | 13,313 | 64,121 | 72,738 | 13,712 | 86,450 |
| FY2017 | 64,225 | 12,451 | 51,774 | 32,900 | 12,651 | 45,551 |
| FY2016 | – | 12,734 | – | 29,722 | 11,965 | 41,687 |
| FY2015 | – | 11,247 | – | 35,253 | 11,431 | 46,684 |
| FY2014 | – | 9,571 | – | 45,000 | 11,031 | 56,031 |
| FY2013 | 53,666 | – | – | 22,860 | 10,528 | 33,388 |
Free cash flow is operating cash flow minus payments for property, plant and equipment. Debt is commercial paper plus current and long-term term debt. Prices, dividends and splits are collected from Yahoo Finance and may be delayed or contain errors; financial results come from Apple's 10-Q and 10-K filings on the SEC's EDGAR system. Per-share figures are adjusted for stock splits. This page is for information only and is not investment advice. Cupertino News is not affiliated with Apple Inc. Apple and AAPL are trademarks of their owners. Data refreshed Oct 16, 2026 19:07 UTC.