Apple (AAPL) Revenue History: Quarterly Data (2017–2025)
Apple quarterly revenue from 2017 Q1 through 2025 Q4, sourced from SEC EDGAR XBRL. Interactive chart, year-over-year growth, and annual revenue by year.
| Quarter | Revenue (USD) | YoY Change |
|---|
Source: SEC EDGAR XBRL (RevenueFromContractWithCustomerExcludingAssessedTax). Quarters marked * are derived (annual filing minus prior three quarters). Calendar year quarters shown.
Apple Revenue: 2017–2025
Apple (AAPL) reported quarterly revenue of $143.8 billion in Q4 2025 (October–December 2025), a +15.7% increase year-over-year from $124.3 billion in Q4 2024. The December quarter is Apple’s largest of the year due to holiday iPhone demand and gift card redemptions, consistently generating 35–45% more revenue than the weakest June quarter.
Full-year 2025 revenue reached $435.6 billion, Apple’s highest annual total ever and up 10.1% from $395.8 billion in 2024. The 2021 fiscal year marked the most dramatic acceleration in Apple’s modern history — revenue jumped from $294.1 billion in 2020 to $378.3 billion as pandemic-era demand, 5G iPhone upgrades, and work-from-home Mac and iPad spending converged simultaneously.
Apple Annual Revenue by Year
| Year | Value | YoY Change |
|---|---|---|
| 2025 | $435.6B | +10.1% |
| 2024 | $395.8B | +2.6% |
| 2023 | $385.7B | -0.5% |
| 2022 | $387.5B | +2.4% |
| 2021 | $378.3B | +28.6% |
| 2020 | $294.1B | +9.9% |
| 2019 | $267.7B | +2.3% |
| 2018 | $261.6B | +9.4% |
| 2017 | $239.2B | — |
Calendar year totals (Q1–Q4). Source: SEC EDGAR XBRL.
Key Revenue Trends
Apple’s revenue mix has shifted substantially toward Services (App Store, iCloud, Apple Music, Apple TV+) which now contributes roughly 25% of total revenue but carries margins above 70%, disproportionately improving profitability. See Apple Gross Margin History for how Services growth is translating into margin expansion.
The 2022–2023 plateau ($387.5B → $385.7B) reflected post-COVID demand normalization, a strong US dollar headwind, and consumer electronics market contraction — not market share loss. Apple’s revenue per iPhone user continued rising through this period as Services grew double-digits regardless of hardware cycles.
Revenue dipped briefly in 2019 ($267.7B) from a 2018 peak as iPhone XS cycle underperformed and Chinese market pressure intensified following US-China trade tensions. Apple responded with aggressive trade-in promotions and pricing adjustments that re-accelerated growth by 2020.
Frequently Asked Questions
What is Apple’s quarterly revenue for Q4 2025?
Apple reported $143.8 billion in revenue for Q4 2025 (October–December 2025), a 15.7% increase from $124.3 billion in Q4 2024. This is Apple’s highest revenue quarter on record.
What is Apple’s annual revenue?
Apple’s full-year 2025 revenue was $435.6 billion, up from $395.8 billion in 2024. Apple crossed $300 billion annually for the first time in 2020 and $400 billion in 2024.
Which quarter is Apple’s strongest?
Q4 (October–December) is consistently Apple’s highest-revenue quarter due to iPhone launches and holiday shopping. The December quarter typically accounts for 30–33% of Apple’s annual revenue.
How fast has Apple revenue grown?
Apple’s revenue grew from $239.2 billion in 2017 to $435.6 billion in 2025 — an 82% increase over eight years, or a compound annual growth rate (CAGR) of approximately 7.8%.
Related Apple Financial Data
- Apple Gross Profit History
- Apple Gross Margin History
- Apple Operating Income History
- Apple Net Income History
- Apple Free Cash Flow History
- Apple EPS History
- Apple vs. Microsoft Revenue Comparison
- Revenue explained
- Consumer Electronics Sector
Data sourced from SEC EDGAR XBRL. Calendar year quarters shown. Last updated: April 2026.
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