Products → Revenue: $98BiPhone → Products: $69BRevenue → Cost of revenue: $66BCost of revenue → Product costs: $59BRevenue → Gross profit: $58BGross profit → Operating profit: $43BOperating profit → Net profit: $36BServices → Revenue: $26BGross profit → Operating expenses: $15BWatch & AirPods → Products: $12BMac → Products: $9BOperating expenses → R&D: $8BiPad → Products: $8BOperating expenses → SG&A: $7BCost of revenue → Service costs: $7BOperating profit → Tax: $6BOperating profit → Other: $0BCost of revenue$66B2% Y/YGross profit$58B6% Y/YMac$9B16% Y/YNet profit$36B7% Y/YOperating expenses$15B7% Y/YOperating profit$43B6% Y/YOther$248M396% Y/YProduct costs$59B2% Y/YProducts$98B2% Y/YR&D$8B7% Y/YRevenue$124B4% Y/YSG&A$7B6% Y/YService costs$7B5% Y/YServices$26B14% Y/YTax$6B-2% Y/YWatch & AirPods$12B-2% Y/YiPad$8B15% Y/YiPhone$69B-1% Y/YApple Q1 FY25 Income Statementcreated with SankeyArt.com
2022
Q4 Full Year
2023
Q1 Q2 Q3 Q4 Full Year
2024
Q1 Q2 Q3 Full Year
2025
Q1
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