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Products → Revenue: $316.2B
Revenue → Cost of revenue: $223.5B
iPhone → Products: $205.5B
Cost of revenue → Product costs: $201.5B
Revenue → Gross profit: $170.8B
Gross profit → Operating profit: $119.4B
Operating profit → Net profit: $99.8B
Services → Revenue: $78.1B
Gross profit → Operating expenses: $51.3B
Watch and AirPods → Products: $41.2B
MacBook → Products: $40.2B
iPad → Products: $29.3B
Operating expenses → R&D: $26.3B
Operating expenses → SG&A: $25.1B
Cost of revenue → Service costs: $22.1B
Operating profit → Tax: $19.3B
Operating profit → Other: $0.3B
Cost of revenue
$223.5B
5% Y/Y
Gross profit
$170.8B
12% Y/Y
MacBook
$40.2B
14% Y/Y
Net profit
$99.8B
5% Y/Y
Operating expenses
$51.3B
17% Y/Y
Operating profit
$119.4B
9% Y/Y
Other
$0.3B
Product costs
$201.5B
5% Y/Y
Products
$316.2B
6% Y/Y
R&D
$26.3B
20% Y/Y
Revenue
$394.3B
8% Y/Y
SG&A
$25.1B
14% Y/Y
Service costs
$22.1B
7% Y/Y
Services
$78.1B
14% Y/Y
Tax
$19.3B
33% Y/Y
Watch and AirPods
$41.2B
7% Y/Y
iPad
$29.3B
-8% Y/Y
iPhone
$205.5B
7% Y/Y
Apple FY22 Income Statement
created 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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