Apple Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $112.01B | $93.74B | $97.00B | $99.80B | $94.68B | $57.41B | $55.26B | $59.53B |
| Depreciation & Amortization | $11.70B | $11.45B | $11.52B | $11.10B | $11.28B | $11.06B | $12.55B | $10.90B |
| Depreciation | $8.00B | $8.20B | $8.50B | $8.70B | $9.50B | $9.70B | $11.30B | $9.30B |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $12.86B | $11.69B | $10.83B | $9.04B | $7.91B | $6.83B | $6.07B | $5.34B |
| Net Cash from Operating Activities | $111.48B | $118.25B | $110.54B | $122.15B | $104.04B | $80.67B | $69.39B | $77.43B |
| Investing Activities | ||||||||
| Capital Expenditures | $12.72B | $9.45B | $10.96B | $10.71B | $11.09B | $7.31B | $10.50B | $13.31B |
| Business Acquisitions | — | — | — | $306.0M | $33.0M | $1.52B | $624.0M | $721.0M |
| Net Cash from Investing Activities | $15.20B | $2.94B | $3.71B | $-22.35B | $-14.55B | $-4.29B | $45.90B | $16.07B |
| Financing Activities | ||||||||
| Dividends Paid | $15.42B | $15.23B | $15.03B | $14.84B | $14.47B | $14.08B | $14.12B | $13.71B |
| Stock Repurchases | $90.71B | $94.95B | $77.55B | $89.40B | $85.97B | $72.36B | $66.90B | $72.74B |
| Net Cash from Financing Activities | $-120.69B | $-121.98B | $-108.49B | $-110.75B | $-93.35B | $-86.82B | $-90.98B | $-87.88B |
| Net Change in Cash | $5.99B | $-794.0M | $5.76B | $-10.95B | $-3.86B | $-10.44B | $24.31B | $5.62B |
| Free Cash Flow | $98.77B | $108.81B | $99.58B | $111.44B | $92.95B | $73.37B | $58.90B | $64.12B |