AAPL

Apple Inc.eval run

10-K for period ending 2025-09-27gpt-6-luna@none · prompt v4$0.00063.2sfiling on sec.gov ↗

figures

field	value	statement row	printed	SEC
Total revenue	$416.2B	R5 Total net sales	416,161 millions	$416.2B ✓
Operating income	$133.1B	R15 Operating income	133,050 millions	$133.1B ✓
Net income attributable to the company	$112.0B	R19 Net income	112,010 millions	$112.0B ✓
Diluted EPS	$7.46	R22 Diluted	7.46	$7.46 ✓
Cash and cash equivalents	$35.9B	R3 Cash and cash equivalents	35,934 millions	$35.9B ✓
Total assets	$359.2B	R15 Total assets	359,241 millions	$359.2B ✓
Total liabilities	$285.5B	R28 Total liabilities	285,508 millions	$285.5B ✓
Total shareholders' equity attributable to the company	$73.7B	R34 Total shareholders’ equity	73,733 millions	$73.7B ✓
Net cash from operating activities	$111.5B	R16 Cash generated by operating activities	111,482 millions	$111.5B ✓
Net cash from investing activities	$15.2B	R23 Cash generated by investing activities	15,195 millions	$15.2B ✓
Net cash from financing activities	-$120.7B	R32 Cash used in financing activities	(120,686) millions	-$120.7B ✓

checks

assets = liabilities + equity · total assets equals total liabilities and equity
equity excludes minority interests · not applicable: no noncontrolling interest line printed
net income is before preferred dividends · net income is not the after-preferred-dividends line
diluted EPS is for total net income · diluted EPS is for total net income
net income excludes minority interests · not applicable: no noncontrolling interest line printed
cash flows tie to the change in cash · not applicable: missing a section total or no net change in cash line

trace

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Income statement

table #14 · current period is figure column 1

0	Years ended
1	September 27,2025	September 28,2024	September 30,2023
2	Net sales:
3	Products	307,003	294,866	298,085
4	Services	109,158	96,169	85,200
5	Total net sales← Total revenue	416,161	391,035	383,285
6	Cost of sales:
7	Products	194,116	185,233	189,282
8	Services	26,844	25,119	24,855
9	Total cost of sales	220,960	210,352	214,137
10	Gross margin	195,201	180,683	169,148
11	Operating expenses:
12	Research and development	34,550	31,370	29,915
13	Selling, general and administrative	27,601	26,097	24,932
14	Total operating expenses	62,151	57,467	54,847
15	Operating income← Operating income	133,050	123,216	114,301
16	Other income/(expense), net	(321)	269	(565)
17	Income before provision for income taxes	132,729	123,485	113,736
18	Provision for income taxes	20,719	29,749	16,741
19	Net income← Net income attributable to the company	112,010	93,736	96,995
20	Earnings per share:
21	Basic	7.49	6.11	6.16
22	Diluted← Diluted EPS	7.46	6.08	6.13
23	Shares used in computing earnings per share:
24	Basic	14,948,500	15,343,783	15,744,231
25	Diluted	15,004,697	15,408,095	15,812,547

Balance sheet

table #16 · current period is figure column 1

0	September 27,2025	September 28,2024
1	ASSETS:
2	Current assets:
3	Cash and cash equivalents← Cash and cash equivalents	35,934	29,943
4	Marketable securities	18,763	35,228
5	Accounts receivable, net	39,777	33,410
6	Vendor non-trade receivables	33,180	32,833
7	Inventories	5,718	7,286
8	Other current assets	14,585	14,287
9	Total current assets	147,957	152,987
10	Non-current assets:
11	Marketable securities	77,723	91,479
12	Property, plant and equipment, net	49,834	45,680
13	Other non-current assets	83,727	74,834
14	Total non-current assets	211,284	211,993
15	Total assets← Total assets	359,241	364,980
16	LIABILITIES AND SHAREHOLDERS’ EQUITY:
17	Current liabilities:
18	Accounts payable	69,860	68,960
19	Other current liabilities	66,387	78,304
20	Deferred revenue	9,055	8,249
21	Commercial paper	7,979	9,967
22	Term debt	12,350	10,912
23	Total current liabilities	165,631	176,392
24	Non-current liabilities:
25	Term debt	78,328	85,750
26	Other non-current liabilities	41,549	45,888
27	Total non-current liabilities	119,877	131,638
28	Total liabilities← Total liabilities	285,508	308,030
29	Commitments and contingencies
30	Shareholders’ equity:
31	Common stock and additional paid-in capital, $0.00001 par value: 50,400,000 shares authorized; 14,773,260 and 15,116,786 shares issued and outstanding, respectively	93,568	83,276
32	Accumulated deficit	(14,264)	(19,154)
33	Accumulated other comprehensive loss	(5,571)	(7,172)
34	Total shareholders’ equity← Total shareholders' equity attributable to the company	73,733	56,950
35	Total liabilities and shareholders’ equity	359,241	364,980

Cash flow statement

table #18 · current period is figure column 1

0	Years ended
1	September 27,2025	September 28,2024	September 30,2023
2	Cash, cash equivalents, and restricted cash and cash equivalents, beginning balances	29,943	30,737	24,977
3	Operating activities:
4	Net income	112,010	93,736	96,995
5	Adjustments to reconcile net income to cash generated by operating activities:
6	Depreciation and amortization	11,698	11,445	11,519
7	Share-based compensation expense	12,863	11,688	10,833
8	Other	(89)	(2,266)	(2,227)
9	Changes in operating assets and liabilities:
10	Accounts receivable, net	(6,682)	(3,788)	(1,688)
11	Vendor non-trade receivables	(347)	(1,356)	1,271
12	Inventories	1,400	(1,046)	(1,618)
13	Other current and non-current assets	(9,197)	(11,731)	(5,684)
14	Accounts payable	902	6,020	(1,889)
15	Other current and non-current liabilities	(11,076)	15,552	3,031
16	Cash generated by operating activities← Net cash from operating activities	111,482	118,254	110,543
17	Investing activities:
18	Purchases of marketable securities	(24,407)	(48,656)	(29,513)
19	Proceeds from maturities of marketable securities	40,907	51,211	39,686
20	Proceeds from sales of marketable securities	12,890	11,135	5,828
21	Payments for acquisition of property, plant and equipment	(12,715)	(9,447)	(10,959)
22	Other	(1,480)	(1,308)	(1,337)
23	Cash generated by investing activities← Net cash from investing activities	15,195	2,935	3,705
24	Financing activities:
25	Payments for taxes related to net share settlement of equity awards	(5,960)	(5,441)	(5,431)
26	Payments for dividends and dividend equivalents	(15,421)	(15,234)	(15,025)
27	Repurchases of common stock	(90,711)	(94,949)	(77,550)
28	Proceeds from issuance of term debt, net	4,481	-	5,228
29	Repayments of term debt	(10,932)	(9,958)	(11,151)
30	Proceeds from/(Repayments of) commercial paper, net	(2,032)	3,960	(3,978)
31	Other	(111)	(361)	(581)
32	Cash used in financing activities← Net cash from financing activities	(120,686)	(121,983)	(108,488)
33	Increase/(Decrease) in cash, cash equivalents, and restricted cash and cash equivalents	5,991	(794)	5,760
34	Cash, cash equivalents, and restricted cash and cash equivalents, ending balances	35,934	29,943	30,737
35	Supplemental cash flow disclosure:
36	Cash paid for income taxes, net	43,369	26,102	18,679