Apple Inc. (AAPL) stock
AAPLNasdaqElectronic ComputersFiscal year ends September 26
Financials through Q3 FY2026, quarter ended Jun 27, 2026Last filing: 10-K on Nov 3, 2026Score 17/3043% above fair value
$356.27+1.39 (+0.39%)
Close on Nov 13, 2026Market cap $5.20TP/E 40.9Yield 0.29%
Apple r&d expenses
Research and development expenses are spending on new products and technology.
Apple's R&D Expenses for the twelve months ending Jun 27, 2026 was $42.90B, up 28.3% year over year. For fiscal 2025 it was $34.55B, up 10.1% from the year before. Over ten years it grew 15.7% a year on average. The highest annual figure on record is $34.55B in fiscal 2025.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Sep 27, 2025 | $34.55B | +10.1% |
| FY2024 | Sep 28, 2024 | $31.37B | +4.9% |
| FY2023 | Sep 30, 2023 | $29.92B | +14.0% |
| FY2022 | Sep 24, 2022 | $26.25B | +19.8% |
| FY2021 | Sep 25, 2021 | $21.91B | +16.9% |
| FY2020 | Sep 26, 2020 | $18.75B | +15.6% |
| FY2019 | Sep 28, 2019 | $16.22B | +13.9% |
| FY2018 | Sep 29, 2018 | $14.24B | +22.9% |
| FY2017 | Sep 30, 2017 | $11.58B | +15.3% |
| FY2016 | Sep 24, 2016 | $10.05B | +24.5% |
| FY2015 | Sep 26, 2015 | $8.07B | +33.5% |
| FY2014 | Sep 27, 2014 | $6.04B | +35.0% |
| FY2013 | Sep 28, 2013 | $4.48B | +32.4% |
| FY2012 | Sep 29, 2012 | $3.38B | +39.2% |
| FY2011 | Sep 24, 2011 | $2.43B | +36.3% |
| FY2010 | Sep 25, 2010 | $1.78B | +33.7% |
| FY2009 | Sep 26, 2009 | $1.33B | +20.2% |
| FY2008 | Sep 27, 2008 | $1.11B | +41.8% |
| FY2007 | Sep 29, 2007 | $782.00M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026CQ2 2026 | Jun 27, 2026 | $11.73B | +32.3% |
| Q2 FY2026CQ1 2026 | Mar 28, 2026 | $11.42B | +33.6% |
| Q1 FY2026CQ4 2025 | Dec 27, 2025 | $10.89B | +31.7% |
| Q4 FY2025CQ3 2025 | Sep 27, 2025 | $8.87B | +14.2% |
| Q3 FY2025CQ2 2025 | Jun 28, 2025 | $8.87B | +10.7% |
| Q2 FY2025CQ1 2025 | Mar 29, 2025 | $8.55B | +8.2% |
| Q1 FY2025CQ4 2024 | Dec 28, 2024 | $8.27B | +7.4% |
| Q4 FY2024CQ3 2024 | Sep 28, 2024 | $7.77B | +6.3% |
| Q3 FY2024CQ2 2024 | Jun 29, 2024 | $8.01B | +7.6% |
| Q2 FY2024CQ1 2024 | Mar 30, 2024 | $7.90B | +6.0% |
| Q1 FY2024CQ4 2023 | Dec 30, 2023 | $7.70B | -0.2% |
| Q4 FY2023CQ3 2023 | Sep 30, 2023 | $7.31B | +8.1% |
| Q3 FY2023CQ2 2023 | Jul 1, 2023 | $7.44B | +9.5% |
| Q2 FY2023CQ1 2023 | Apr 1, 2023 | $7.46B | +16.8% |
| Q1 FY2023CQ4 2022 | Dec 31, 2022 | $7.71B | +22.2% |
| Q4 FY2022CQ3 2022 | Sep 24, 2022 | $6.76B | +17.1% |
| Q3 FY2022CQ2 2022 | Jun 25, 2022 | $6.80B | +18.9% |
| Q2 FY2022CQ1 2022 | Mar 26, 2022 | $6.39B | +21.4% |
| Q1 FY2022CQ4 2021 | Dec 25, 2021 | $6.31B | +22.1% |
| Q4 FY2021CQ3 2021 | Sep 25, 2021 | $5.77B | +16.0% |
| Q3 FY2021CQ2 2021 | Jun 26, 2021 | $5.72B | +20.2% |
| Q2 FY2021CQ1 2021 | Mar 27, 2021 | $5.26B | +15.3% |
| Q1 FY2021CQ4 2020 | Dec 26, 2020 | $5.16B | +16.0% |
| Q4 FY2020CQ3 2020 | Sep 26, 2020 | $4.98B | +21.1% |
| Q3 FY2020CQ2 2020 | Jun 27, 2020 | $4.76B | +11.8% |
| Q2 FY2020CQ1 2020 | Mar 28, 2020 | $4.57B | +15.6% |
| Q1 FY2020CQ4 2019 | Dec 28, 2019 | $4.45B | +14.1% |
| Q4 FY2019CQ3 2019 | Sep 28, 2019 | $4.11B | +9.6% |
| Q3 FY2019CQ2 2019 | Jun 29, 2019 | $4.26B | +15.0% |
| Q2 FY2019CQ1 2019 | Mar 30, 2019 | $3.95B | +16.9% |
| Q1 FY2019CQ4 2018 | Dec 29, 2018 | $3.90B | +14.5% |
| Q4 FY2018CQ3 2018 | Sep 29, 2018 | $3.75B | +25.1% |
| Q3 FY2018CQ2 2018 | Jun 30, 2018 | $3.70B | +26.0% |
| Q2 FY2018CQ1 2018 | Mar 31, 2018 | $3.38B | +21.7% |
| Q1 FY2018CQ4 2017 | Dec 30, 2017 | $3.41B | +18.7% |
| Q4 FY2017CQ3 2017 | Sep 30, 2017 | $3.00B | +16.6% |
| Q3 FY2017CQ2 2017 | Jul 1, 2017 | $2.94B | – |
| Q2 FY2017CQ1 2017 | Apr 1, 2017 | $2.78B | – |
| Q1 FY2017CQ4 2016 | Dec 31, 2016 | $2.87B | – |
| Q4 FY2016CQ3 2016 | Sep 24, 2016 | $2.57B | – |
See a number that looks wrong?