Apple annual net debt
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Apple Net Debt Growth & History (AAPL)
Apple's net debt was $76.44B for fiscal 2025.
View full Apple company overviewApple annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-27 | $76.44B | −$12.67B | −14.22% |
| 2024 | 2024-09-28 | $89.12B | −$4.85B | −5.16% |
| 2023 | 2023-09-30 | $93.97B | −$14.87B | −13.66% |
| 2022 | 2022-09-24 | $108.83B | $7.25B | +7.14% |
| 2021 | 2021-09-25 | $101.58B | $17.32B | +20.55% |
| 2020 | 2020-09-26 | $84.26B | $25.06B | +42.33% |
| 2019 | 2019-09-28 | $59.20B | −$29.37B | −33.16% |
| 2018 | 2018-09-29 | $88.57B | −$6.82B | −7.15% |
| 2017 | 2017-09-30 | $95.39B | $28.84B | +43.34% |
| 2016 | 2016-09-24 | $66.55B | $23.34B | +54.02% |
| 2015 | 2015-09-26 | $43.21B | $21.76B | +101.43% |
| 2014 | 2014-09-27 | $21.45B | $18.75B | +694.19% |
| 2013 | 2013-09-28 | $2.70B | $13.45B | — |
| 2012 | 2012-09-29 | −$10.75B | — | — |
Apple quarterly net debt
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| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-27 | $44.80B | −$20.63B | −31.53% |
| Q2 2026 | 2026-03-28 | $39.14B | −$30.89B | −44.11% |
| Q1 2026 | 2025-12-27 | $45.19B | −$21.31B | −32.04% |
| Q4 2025 | 2025-09-27 | $76.44B | −$12.67B | −14.22% |
| Q3 2025 | 2025-06-28 | $65.43B | −$10.31B | −13.61% |
| Q2 2025 | 2025-03-29 | $70.02B | −$1.87B | −2.60% |
| Q1 2025 | 2024-12-28 | $66.50B | −$780.0M | −1.16% |
| Q4 2024 | 2024-09-28 | $89.12B | −$4.85B | −5.16% |
| Q3 2024 | 2024-06-29 | $75.74B | −$5.13B | −6.35% |
| Q2 2024 | 2024-03-30 | $71.89B | −$13.03B | −15.35% |
| Q1 2024 | 2023-12-30 | $67.28B | −$23.30B | −25.72% |
| Q4 2023 | 2023-09-30 | $93.97B | −$14.87B | −13.66% |
| Q3 2023 | 2023-07-01 | $80.87B | −$11.32B | −12.28% |
| Q2 2023 | 2023-04-01 | $84.93B | −$6.96B | −7.57% |
| Q1 2023 | 2022-12-31 | $90.58B | $4.90B | +5.71% |
| Q4 2022 | 2022-09-24 | $108.83B | $7.25B | +7.14% |
| Q3 2022 | 2022-06-25 | $92.19B | $4.45B | +5.07% |
| Q2 2022 | 2022-03-26 | $91.88B | $8.70B | +10.46% |
| Q1 2022 | 2021-12-25 | $85.68B | $9.65B | +12.69% |
| Q4 2021 | 2021-09-25 | $101.58B | $17.32B | +20.55% |
| Q3 2021 | 2021-06-26 | $87.74B | $10.10B | +13.01% |
| Q2 2021 | 2021-03-27 | $83.18B | $14.62B | +21.33% |
| Q1 2021 | 2020-12-26 | $76.03B | −$947.0M | −1.23% |
| Q4 2020 | 2020-09-26 | $84.26B | $25.06B | +42.33% |
| Q3 2020 | 2020-06-27 | $77.64B | $19.75B | +34.12% |
| Q2 2020 | 2020-03-28 | $68.56B | −$6.08B | −8.15% |
| Q1 2020 | 2019-12-28 | $76.98B | $7.02B | +10.04% |
| Q4 2019 | 2019-09-28 | $59.20B | −$29.37B | −33.16% |
| Q3 2019 | 2019-06-29 | $57.89B | −$24.74B | −29.94% |
| Q2 2019 | 2019-03-30 | $74.64B | −$2.14B | −2.79% |
| Q1 2019 | 2018-12-29 | $69.96B | −$24.95B | −26.29% |
| Q4 2018 | 2018-09-29 | $88.57B | −$6.82B | −7.15% |
| Q3 2018 | 2018-06-30 | $82.63B | −$7.14B | −7.95% |
| Q2 2018 | 2018-03-31 | $76.78B | −$6.58B | −7.90% |
| Q1 2018 | 2017-12-30 | $94.91B | $23.73B | +33.34% |
| Q4 2017 | 2017-09-30 | $95.39B | $28.84B | +43.34% |
| Q3 2017 | 2017-07-01 | $89.77B | $23.07B | +34.59% |
| Q2 2017 | 2017-04-01 | $83.36B | $25.01B | +42.85% |
| Q1 2017 | 2016-12-31 | $71.18B | $24.90B | +53.82% |
| Q4 2016 | 2016-09-24 | $66.55B | $23.34B | +54.02% |
| Q3 2016 | 2016-06-25 | $66.70B | $27.60B | +70.59% |
| Q2 2016 | 2016-03-26 | $58.36B | $28.98B | +98.62% |
| Q1 2016 | 2015-12-26 | $46.27B | $29.35B | +173.41% |
| Q4 2015 | 2015-09-26 | $43.21B | $21.76B | +101.43% |
| Q3 2015 | 2015-06-27 | $39.10B | $21.04B | +116.46% |
| Q2 2015 | 2015-03-28 | $29.38B | $31.37B | — |
| Q1 2015 | 2014-12-27 | $16.93B | $14.04B | +486.86% |
| Q4 2014 | 2014-09-27 | $21.45B | $18.75B | +694.19% |
| Q3 2014 | 2014-06-28 | $18.06B | $12.35B | +216.34% |
| Q2 2014 | 2014-03-29 | −$1.99B | $10.07B | — |
| Q1 2014 | 2013-12-28 | $2.88B | $19.04B | — |
| Q4 2013 | 2013-09-28 | $2.70B | $13.45B | — |
| Q3 2013 | 2013-06-29 | $5.71B | — | — |
| Q2 2013 | 2013-03-30 | −$12.05B | — | — |
| Q1 2013 | 2012-12-29 | −$16.15B | — | — |
| Q4 2012 | 2012-09-29 | −$10.75B | — | — |
Apple net debt trends
Over the last five fiscal years, Apple's net debt decreased from $84.26B to $76.44B, a change of −$7.82B. The latest reported quarter, Q3 2026, shows $44.80B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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