AAPL · 8-K · 20260430PR000011

Research and Development Expense

Apple Inc. · 2026-04-30 · Importance 78 · Surprise 74

Research and development expense rose materially to $11.419 billion for the quarter from $8.550 billion a year ago (≈+34%), and to $22.306 billion for the six months versus $16.818 billion prior year (≈+33%). The increase reflects sustained higher investment in engineering and product development, including likely AI, silicon (e.g., M‑series), and software platform work tied to new devices and services. R&D is a meaningful and growing operating cost given its absolute scale relative to revenue.

Key facts

• Research and development expense for the three months ended March 28, 2026: $11,419 million. source