What changed in Apple Inc.'s latest annual report
In the year ended 27 Sep 2025, Apple Inc.'s revenue rose 6.4% to USD 416.16bn, from USD 391.04bn; net income rose 19.5% to USD 112.01bn, from USD 93.74bn; shareholders' equity rose 29.5% to USD 73.73bn, from USD 56.95bn.
Year ended 27 Sep 2025. Source: 10-K filed 31 Oct 2025, read it on SEC EDGAR.
USD 391.04bn to USD 416.16bn
The figures, year on year
| Item | Year before | Latest year | Change |
|---|---|---|---|
| Revenue | 391.04bn | 416.16bn | Up 6.4% |
| Net income | 93.74bn | 112.01bn | Up 19.5% |
| Total assets | 364.98bn | 359.24bn | Down 1.6% |
| Total liabilities | 308.03bn | 285.51bn | Down 7.3% |
| Long-term debt | 85.75bn | 78.33bn | Down 8.7% |
| Cash and cash equivalents | 29.94bn | 35.93bn | Up 20% |
| Shareholders' equity | 56.95bn | 73.73bn | Up 29.5% |
Questions people ask
Did Apple Inc.'s revenue grow last year?
Revenue grew 6.4%, from USD 391.04bn to USD 416.16bn in the year ended 27 Sep 2025.
Is Apple Inc. profitable?
Yes. Net income was USD 112.01bn in the year ended 27 Sep 2025. The year before: USD 93.74bn.
How much cash and debt does Apple Inc. have?
At its latest year end (27 Sep 2025), Apple Inc. reported cash and cash equivalents of USD 35.93bn and long-term debt of USD 78.33bn.
Where do these numbers come from?
From Apple Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.
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