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Apple's R&D Spending Reaches Record $45.77 Billion in Fiscal 2026, Up 32%

🔄 Updated 4d ago
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Key points

  • Apple spent $45.77 billion on R&D in fiscal 2026.
  • This represents a 32% increase from fiscal 2025.
  • Q4 2026 R&D was $11.73 billion, up 32% year-over-year.
  • R&D spending has stabilized in recent quarters.

Record R&D Investment

Apple's research and development expenditures reached an all-time high of $45.77 billion in fiscal year 2026. This figure represents a 32% increase compared to the $34.55 billion spent in fiscal year 2025.

Quarterly Breakdown

In the fourth quarter of fiscal 2026, Apple allocated $11.73 billion to R&D. This quarterly spending was up 32% from $8.87 billion in the same quarter of the previous year. However, the Q4 spending was nearly identical to Q3 2026, increasing by only $1 million, suggesting a stabilization after an initial jump earlier in the fiscal year.

Strategic Focus on AI

Former CEO Tim Cook previously stated that Apple was "clearly investing more" in R&D, with spending accelerating faster than the company's overall growth. CFO Kevan Parekh indicated that AI-related investments are contributing to this increased spending, alongside existing product roadmap developments.

✨ This summary was generated by AI from the outlets' reporting listed below. It is not independently verified and may contain errors — check the original sources. How BrevFeed works →

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Reporting from

Apple's research and development expenses totaled $45.77 billion in fiscal year 2026, marking a 32% increase from the previous year. This surge in spending, particularly in AI, was noted in the company's Q4 2026 results, though quarterly R&D spending has recently stabilized.