AAPL

Apple Inc.live run

10-K for period ending 2026-09-26gpt-6-luna@none · prompt v4$0.00128.7sfiling on sec.gov ↗

figures

field	value	statement row	printed
Total revenue	$478.8B	R5 Total net sales	478,834 millions
Operating income	$158.1B	R15 Operating income	158,063 millions
Net income attributable to the company	$132.2B	R19 Net income	132,175 millions
Diluted EPS	$8.98	R22 Diluted	8.98
Cash and cash equivalents	$36.3B	R3 Cash and cash equivalents	36,305 millions
Total assets	$404.5B	R16 Total assets	404,548 millions
Total liabilities	$292.5B	R29 Total liabilities	292,455 millions
Total shareholders' equity attributable to the company	$112.1B	R35 Total shareholders’ equity	112,093 millions
Net cash from operating activities	$145.1B	R16 Cash generated by operating activities	145,097 millions
Net cash from investing activities	-$17.3B	R23 Cash generated by/(used in) investing activities	(17,280) millions
Net cash from financing activities	-$127.4B	R32 Cash used in financing activities	(127,446) millions

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

management's claims

No year-over-year claims about the headline figures were found in management's discussion.

restatements vs the 2025 10-K

All 11 of last year's figures are reprinted exactly as the 2025 10-K first reported them. Nothing was restated.

trace

0locator (code)1.00s

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2balance sheet agent3.07s · 1368 tokens · $0.0002

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3cash flow agent3.38s · 1456 tokens · $0.0002

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null

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5MD&A claims agent1.06s · 607 tokens · $0.0001
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6restatement check (code)4.27s

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Income statement

table #14 · current period is figure column 1

0	Years Ended
1	September 26,2026	September 27,2025	September 28,2024
2	Net sales:
3	Products	355,533	307,003	294,866
4	Services	123,301	109,158	96,169
5	Total net sales← Total revenue	478,834	416,161	391,035
6	Cost of sales:
7	Products	215,874	194,116	185,233
8	Services	29,358	26,844	25,119
9	Total cost of sales	245,232	220,960	210,352
10	Gross margin	233,602	195,201	180,683
11	Operating expenses:
12	Research and development	45,765	34,550	31,370
13	Selling, general and administrative	29,774	27,601	26,097
14	Total operating expenses	75,539	62,151	57,467
15	Operating income← Operating income	158,063	133,050	123,216
16	Other income/(expense), net	1,174	(321)	269
17	Income before provision for income taxes	159,237	132,729	123,485
18	Provision for income taxes	27,062	20,719	29,749
19	Net income← Net income attributable to the company	132,175	112,010	93,736
20	Earnings per share:
21	Basic	9.01	7.49	6.11
22	Diluted← Diluted EPS	8.98	7.46	6.08
23	Shares used in computing earnings per share:
24	Basic	14,661,935	14,948,500	15,343,783
25	Diluted	14,720,306	15,004,697	15,408,095

Balance sheet

table #16 · current period is figure column 1

0	September 26,2026	September 27,2025
1	ASSETS:
2	Current assets:
3	Cash and cash equivalents← Cash and cash equivalents	36,305	35,934
4	Marketable securities	20,417	18,763
5	Accounts receivable, net	43,817	39,777
6	Vendor non-trade receivables	39,896	33,180
7	Inventories	14,541	5,718
8	Other current assets	18,881	14,585
9	Total current assets	173,857	147,957
10	Non-current assets:
11	Marketable securities	80,213	77,723
12	Property, plant and equipment, net	52,084	49,834
13	Intangible assets, net	20,278	11,093
14	Other non-current assets	78,116	72,634
15	Total non-current assets	230,691	211,284
16	Total assets← Total assets	404,548	359,241
17	LIABILITIES AND SHAREHOLDERS’ EQUITY:
18	Current liabilities:
19	Accounts payable	82,252	69,860
20	Other current liabilities	66,124	66,387
21	Deferred revenue	9,636	9,055
22	Commercial paper	1,997	7,979
23	Term debt	9,906	12,350
24	Total current liabilities	169,915	165,631
25	Non-current liabilities:
26	Term debt	68,208	78,328
27	Other non-current liabilities	54,332	41,549
28	Total non-current liabilities	122,540	119,877
29	Total liabilities← Total liabilities	292,455	285,508
30	Commitments and contingencies
31	Shareholders’ equity:
32	Common stock and additional paid-in capital, $0.00001 par value: 50,400,000 shares authorized; 14,532,259 and 14,773,260 shares issued and outstanding, respectively	104,815	93,568
33	Retained earnings/(Accumulated deficit)	13,700	(14,264)
34	Accumulated other comprehensive loss	(6,422)	(5,571)
35	Total shareholders’ equity← Total shareholders' equity attributable to the company	112,093	73,733
36	Total liabilities and shareholders’ equity	404,548	359,241

Cash flow statement

table #18 · current period is figure column 1

0	Years Ended
1	September 26,2026	September 27,2025	September 28,2024
2	Cash, cash equivalents, and restricted cash and cash equivalents, beginning balances	35,934	29,943	30,737
3	Operating activities:
4	Net income	132,175	112,010	93,736
5	Adjustments to reconcile net income to cash generated by operating activities:
6	Depreciation and amortization	13,423	11,698	11,445
7	Share-based compensation expense	13,789	12,863	11,688
8	Other	568	(89)	(2,266)
9	Changes in operating assets and liabilities:
10	Accounts receivable, net	(3,994)	(6,682)	(3,788)
11	Vendor non-trade receivables	(6,716)	(347)	(1,356)
12	Inventories	(8,905)	1,400	(1,046)
13	Other current and non-current assets	(21,117)	(9,197)	(11,731)
14	Accounts payable	12,171	902	6,020
15	Other current and non-current liabilities	13,703	(11,076)	15,552
16	Cash generated by operating activities← Net cash from operating activities	145,097	111,482	118,254
17	Investing activities:
18	Purchases of marketable securities	(54,945)	(24,407)	(48,656)
19	Proceeds from maturities of marketable securities	34,815	40,907	51,211
20	Proceeds from sales of marketable securities	14,280	12,890	11,135
21	Payments for acquisition of property, plant and equipment	(9,041)	(12,715)	(9,447)
22	Other	(2,389)	(1,480)	(1,308)
23	Cash generated by/(used in) investing activities← Net cash from investing activities	(17,280)	15,195	2,935
24	Financing activities:
25	Payments for taxes related to net share settlement of equity awards	(6,793)	(5,960)	(5,441)
26	Payments for dividends and dividend equivalents	(15,721)	(15,421)	(15,234)
27	Repurchases of common stock	(86,390)	(90,711)	(94,949)
28	Proceeds from issuance of term debt, net	-	4,481	-
29	Repayments of term debt	(12,396)	(10,932)	(9,958)
30	Proceeds from/(Repayments of) commercial paper, net	(5,911)	(2,032)	3,960
31	Other	(235)	(111)	(361)
32	Cash used in financing activities← Net cash from financing activities	(127,446)	(120,686)	(121,983)
33	Increase/(Decrease) in cash, cash equivalents, and restricted cash and cash equivalents	371	5,991	(794)
34	Cash, cash equivalents, and restricted cash and cash equivalents, ending balances	36,305	35,934	29,943