Apple spent a record $45.77 billion on R&D in fiscal 2026, up 32%
Apple recorded record R&D expenditures in fiscal 2026, totaling $45.77 billion and representing a 32% increase compared to the prior year. This reflects the company's sustained commitment to technology development and innovation across its product portfolio and emerging initiatives.
Key points
- R&D spending: $45.77 billion in fiscal 2026
- 32% year-over-year increase
- Apple's highest R&D investment on record
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