AAPL · 10-Q · 2026Q1 · Full report
Manufacturing Purchase Obligations
Apple Inc. · 2026-05-01 · Importance 56 · Surprise 24 · In source text
Apple discloses manufacturing purchase obligations of $44.6 billion as of March 28, 2026, with $43.9 billion payable within 12 months. The company explains these obligations arise from outsourcing partners that manufacture subassemblies and perform final assembly and testing, and from component procurements from a wide variety of suppliers. The disclosure highlights that these near-term manufacturing commitments are a principal component of the company’s contractual cash requirements. The amounts are presented as of the quarter ended March 28, 2026.
Key facts
- As of March 28, 2026, the Company had manufacturing purchase obligations of $44.6 billion, with $43.9 billion payable within 12 months. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | committed | -10.2% | As of March 28, 2026, the Company had manufacturing purchase obligations of $44.6 billion, with $43.9 billion payable within 12 months. |