Apple Inc.

NasdaqGS-AAPL

Operating Activities	Sep '25	Mar '25	Sep '24	Mar '24	Sep '23	Apr '23
Net Income	50,900	61,110	36,184	57,552	42,837	54,158
Net Income
Depreciation & Amortization	5,957	5,741	5,761	5,684	5,705	5,814
Depreciation and Amortization
Share-Based Compensation Expense	6,351	6,512	5,727	5,961	5,242	5,591
Share-Based Compensation Expense
Other Adjustments	2,128	-2,217	-295	-1,971	-495	-1,732
Deferred Income Tax Expense
Other
Changes in Trade Receivables	-23,466	16,437	-25,035	19,891	-24,798	24,381
Accounts Receivable, Net
Vendor Non-Trade Receivables
Changes in Inventories	542	858	-1,099	53	930	-2,548
Inventories
Changes in Accounts Payable	15,506	-14,604	22,730	-16,710	18,875	-20,764
Accounts Payable
Changes in Unearned Revenue	—	—	—	—	—	—
Deferred Revenue
Changes in Other Operating Activities	-323	-19,950	11,696	-7,875	-318	-2,335
Other Current and Non-Current Assets
Other Current and Non-Current Liabilities
Cash from Operating Activities	57,595	53,887	55,669	62,585	47,978	62,565
Cash Generated by Operating Activities

Investing Activities	Sep '25	Mar '25	Sep '24	Mar '24	Sep '23	Apr '23
Capital Expenditure	-6,704	-6,011	-5,059	-4,388	-4,256	-6,703
Payments for Acquisition of Property, Plant and Equipment
Purchases of Intangible Assets	—	—	—	—	—	—
Payments for Acquisition of Intangible Assets
Purchases of Investments	-11,965	-12,442	-23,614	-25,042	-18,316	-11,197
Purchases of Marketable Securities
Purchases of Non-Marketable Securities
Proceeds from Sale of Investments	22,000	31,797	30,570	31,776	26,493	19,021
Proceeds from Maturities of Marketable Securities
Proceeds from Sales of Marketable Securities
Proceeds from Non-Marketable Securities
Payments for Business Acquisitions	—	—	—	—	—	—
Payments Made in Connection with Business Acquisitions, Net
Other Investing Activities	-845	-635	-579	-729	-1,090	-247
Payments for Strategic Investments, Net
Other
Cash from Investing Activities	2,486	12,709	1,318	1,617	2,831	874
Cash Generated by Investing Activities

Financing Activities	Sep '25	Mar '25	Sep '24	Mar '24	Sep '23	Apr '23
Issuance of Short-Term Debt	1,936	-3,968	7,942	-3,982	3,982	-7,960
Proceeds from Commercial Paper, Net
Proceeds from Repurchase Agreements
Repayments of Short-Term Debt	—	—	—	—	—	—
Change in Commercial Paper, Net
Net Issuance / (Repayments) of Short-Term Debt	1,936	-3,968	7,942	-3,982	3,982	-7,960
Issuance of Long-Term Debt	4,481	—	—	—	5,228	—
Proceeds from Issuance of Term Debt, Net
Repayments of Long-Term Debt	-6,923	-4,009	-6,808	-3,150	-7,500	-3,651
Repayments of Term Debt
Net Issuance / (Repayments) of Long-Term Debt	-2,442	-4,009	-6,808	-3,150	-2,272	-3,651
Issuance of Common Shares	—	—	—	—	—	—
Proceeds from Issuance of Common Stock
Repurchases of Common Shares	-43,962	-52,709	-54,171	-46,219	-41,178	-41,803
Payments for Taxes Related to Net Share Settlement of Equity Awards
Repurchases of Common Stock
Net Issuance / (Repurchases) of Common Shares	-43,962	-52,709	-54,171	-46,219	-41,178	-41,803
Common Share Dividends Paid	-7,807	-7,614	-7,699	-7,535	-7,607	-7,418
Payments for Dividends and Dividend Equivalents
Other Financing Activities	-34	-77	-229	-132	-126	-455
Other
Excess Tax Benefits from Equity Awards
Cash from Financing Activities	-52,309	-68,377	-60,965	-61,018	-47,201	-61,287
Cash Provided by Financing Activities