Apple (XSWX:AAPL) Total Operating Expense: CHF54,810 Mil (TTM As of Mar. 2026)


XSWX:AAPL Apple Inc XSWX:AAPL
25 GF Score
Price CHF227.04
GF Value CHF214.57
Valuation Fairly Valued
! 3 Warning Signs
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What is Apple Total Operating Expense?

Apple XSWX:AAPL 25 Total Operating Expense is CHF54,810 Mil as of Mar. 2026. GuruFocus rates XSWX:AAPL with a GF Score™ of 25/100 and a GF Value™ of CHF214.57 (Fairly Valued). The stock has 3 warning signs investors should review.

Apple's Total Operating Expense for the three months ended in Mar. 2026 was CHF14,877 Mil. Apple's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was CHF54,810 Mil.

Apple Total Operating Expense Related Terms

Apple Total Operating Expense Historical Data

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The historical data trend for Apple's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Apple Total Operating Expense Chart

Apple Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40,498.92 49,974.09 49,340.36 48,686.04 49,478.41

Apple Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13,499.64 12,617.61 12,669.14 14,646.23 14,876.82
XSWX:AAPL
25GF Score
Apple Inc XSWX:AAPL
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Apple Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF54,810 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of CHF54,810 Mil mean?
Apple (XSWX:AAPL) has a Total Operating Expense of CHF54,810 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Apple and its competitors.
Is Apple's Total Operating Expense too high?
Apple's current Total Operating Expense is CHF54,810 Mil. Overall, Apple has a GF Score™ of 25/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Apple's Total Operating Expense compare to SONO and TBCH?
Apple's Total Operating Expense of CHF54,810 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Hardware company?
A good Total Operating Expense depends on the Hardware industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Apple and its competitors. Apple's current Total Operating Expense is CHF54,810 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apple stock overvalued right now?
Based on GuruFocus' analysis, Apple (XSWX:AAPL) is currently considered Fairly Valued. The stock's GF Value™ is CHF214.57, compared to a current price of CHF227.04 — trading 5.8% above its estimated fair value. The current Total Operating Expense is CHF54,810 Mil. Apple's overall GF Score™ is 25/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Apple (XSWX:AAPL), the current Total Operating Expense is CHF54,810 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Apple (XSWX:AAPL) Overvalued in 2026?

Based on GuruFocus' analysis, Apple stock appears to be overvalued. The current stock price of CHF227.04 is trading 5.8% above its estimated GF Value™ of CHF214.57. GuruFocus considers Apple to be Fairly Valued.

Key valuation signals for XSWX:AAPL:

  • Total Operating Expense: CHF54,810 Mil
  • GF Value™: CHF214.57 vs. price of CHF227.04 (5.8% above fair value)
  • GF Score™: 25/100 with 3 warning signs

No single metric tells the full story. See the XSWX:AAPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Apple Business Description

Address One Apple Park Way, Cupertino, CA, USA, 95014
Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone accounts for the majority of the firm's sales, and Apple's other products, such as the Mac, iPad, and Watch, are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, such as streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors and works with subcontractors such as Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with the majority coming indirectly through partnerships and distribution.
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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF227.04
Price
CHF214.57
GF Value