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AI summaries of 10-Ks and 10-Qs for investors who still check the source. Figures are checked against the company’s XBRL where they can be, and quotes against the filing’s own text.
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Example summary
Full summaryApple's FY2025 total net sales rose 6.4% to $416.2B with net income of $112.0B and diluted EPS of $7.46, while operating cash flow declined to $111.5B from $118.3B. Total net sales increased 6.4% to $416.2B in 2025 from $391.0B in 2024.
- Revenue
- $416,161M
- +6.4%
- Net Income
- $112,010M
- +19.5%
- Diluted EPS
- $7.46
- +22.7%
Tariffs and other measures that are applied to the Company’s products or their components…[1]
Tariffs and other measures that are applied to the Company’s products or their components can have a material adverse impact on the Company’s business, results of operations and …
- Data sourced from SEC EDGAR
- Summaries are generated; risk excerpts are the filing’s own words
- One summary per filing, generated once and shared
- Not investment advice
- Figures
- Matched to the company’s XBRL where the server can check them, or counted as unmatched
- Risks
- Excerpts located in the filing’s own text, or withheld and counted
- Nine parts
- One outline for every 10-K and 10-Q, from The Print to Notable Footnotes, skipping any part the filing has nothing for
- SEC EDGAR
- Every summary links to the original filing, one click away
Figures with their receipts.
Each row in the highlights carries a label: SEC XBRL when its value matched the company’s XBRL fact, Cited when it points to the filing without that match. A quote reads Verified in filing only when its words were found there.
Periods compared: FY2025 vs FY2024
Financial Highlights
- RevenueRevenue · SEC XBRL
- Current period
- $416.2B
- Prior period
- $391.0B
- Change
- +6.4%
Up 6.4% on the prior year; Services grew fastest. - Net incomeNetIncomeLoss · SEC XBRL
- Current period
- $112.0B
- Prior period
- $93.7B
- Change
- +19.5%
Grew three times as fast as revenue; the provision for income taxes fell. - Diluted EPSCited
- Current period
- $7.46
- Prior period
- $6.08
- Change
- +22.7%
Buybacks lifted EPS above net income growth.
| Metric | Current Period | Prior Period | Change | Investor Takeaway |
|---|---|---|---|---|
RevenueRevenue · SEC XBRL | $416.2B | $391.0B | +6.4% | Up 6.4% on the prior year; Services grew fastest. |
Net incomeNetIncomeLoss · SEC XBRL | $112.0B | $93.7B | +19.5% | Grew three times as fast as revenue; the provision for income taxes fell. |
Diluted EPSCited | $7.46 | $6.08 | +22.7% | Buybacks lifted EPS above net income growth. |
Each row carries its own source label. A metric reads SEC XBRL only when the value matched the SEC-filed XBRL figure.
Trace to Source
Hover or tap the chip to see the section, the passage in the filing’s own words, and a link into SEC EDGAR.
Services net sales rose 13.5% to $109.2B on advertising, the App Store and cloud services.
“Services net sales increased during 2025 compared to 2024 primarily due to higher net sales from advertising, the App Store and cloud services.”Verified against the original SEC filingOpen in SEC EDGAR
The number you remember
- From memory
- $391.0B
- FY2024
- In the filing
- $416.2B
- FY2025
The first is last year’s total net sales. The second is this year’s, with its fact. That is the whole point.
Nine parts, in the order you would read them.
Every summary follows the same outline, so the second filing reads faster than the first, and a part the filing has nothing for is left out. A fresh summary appears part by part while it is written; a cached one loads at once.
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Up to nine parts, written by the AI from the filing’s own text and XBRL, in the same order for every filing.
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Services net sales were $109.2B, up 13.5% from $96.2B [F1]. Management attributes the increase to advertising, the App Store and cloud services [1].
- [F1]XBRL figureus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax · ServicesVerified
- [1]PassageItem 7 · Products and Services PerformanceVerified
Multi-Period Analysis
Up to 10 fiscal years or 12 quarters of one company: charts, a metrics grid, and a streamed trend narrative with citations. Export to Excel.
Try it on Apple- Revenue
- FY2024CAGR +8.5%a
- Net income
- FY2024CAGR +11.2%a
- Net margin
- FY2024Chg +2.7ppa
Data notes · illustrative sample · 18 figures have no validation record (a) · 18 comparisons have no validation record (a)
- Note a.
Validation details are unavailable for this saved figure. No verification claim is made.
Revenue (FY2019, FY2020, FY2021, FY2022, FY2023, FY2024); Net income (FY2019, FY2020, FY2021, FY2022, FY2023, FY2024); Net margin (FY2019, FY2020, FY2021, FY2022, FY2023, FY2024).
18 figures · 15 YoY comparisons · 2 CAGR comparisons · 1 window percentage-point comparison.
Comparisons: Revenue YoY (FY2020, FY2021, FY2022, FY2023, FY2024); Revenue CAGR (FY2019 – FY2024); Net income YoY (FY2020, FY2021, FY2022, FY2023, FY2024); Net income CAGR (FY2019 – FY2024); Net margin YoY (FY2020, FY2021, FY2022, FY2023, FY2024); Net margin window percentage-point change (FY2019 – FY2024).
Automated checks confirm that reported figures come from the company’s SEC XBRL data and that calculations combine compatible periods and units; they are not an audit of the company’s accounts.
Select a figure to inspect its source, reporting period and calculation. Letters identify data notes; † marks a calculated figure, not an error. Comparisons retain notes from their source inputs. Counts describe distinct figures and comparisons, not the number of places they appear.
Sources & methods
Figures come from SEC filings; some are calculated. Quarterly cash flows may be calculated by subtracting earlier year-to-date totals. Fourth-quarter flow figures may be calculated from annual totals less the first nine months. Earnings per share uses a reported quarterly figure; it is not subtracted from annual EPS.
Free cash flow is operating cash flow minus cash capital expenditures. It excludes finance lease principal payments and may differ from the company’s own free cash flow measure.
Missing values are unavailable in this dataset, not zero. Growth is unavailable when its comparison period or compatible inputs are missing. Missing validation is not a claim that a figure passed checks.
Source refresh time is unavailable. Source matching and automated checks do not constitute an audit of the company’s accounts.
Metrics by period
Showing 6 of 6 years
Figures are rounded for display. Select a value for full precision.
n/m means not meaningful. The final column shows CAGR, or percentage-point change for percent-unit rows. Each value’s source detail states its calculation range.
| Metricvalue · Δ vs prior year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2019–FY2024 CAGR |
|---|---|---|---|---|---|---|---|
| Revenue | Change vs prior year +5.5%a | Change vs prior year +33.3%a | Change vs prior year +7.8%a | Change vs prior year -2.8%a | Change vs prior year +2.0%a | ||
| Net income | Change vs prior year +3.9%a | Change vs prior year +64.9%a | Change vs prior year +5.4%a | Change vs prior year -2.8%a | Change vs prior year -3.4%a | ||
| Net margin | Change vs prior year -0.3ppa | Change vs prior year +5.0ppa | Change vs prior year -0.6ppa | Change vs prior year 0.0ppa | Change vs prior year -1.3ppa |
Change Report
What changed against the prior filing: metric deltas computed from XBRL, risk factors that are new, and language no longer cited.
What changed
Year over year.
Revenue, net income and diluted EPS all rose against the prior fiscal year.
| Metric | Prior | Current | Change | Read as |
|---|---|---|---|---|
| Revenue | $391.0B | $416.2B | +6.4% | Favorable |
| Net income | $93.7B | $112.0B | +19.5% | Favorable |
| Diluted EPS | $6.08 | $7.46 | +22.7% | Favorable |
- Revenue+6.4%Prior $391.0B, current $416.2BFavorable
- Net income+19.5%Prior $93.7B, current $112.0BFavorable
- Diluted EPS+22.7%Prior $6.08, current $7.46Favorable
▲ and ▼ show the direction of each change. Color and “Read as” show whether that direction is usually favorable for the metric.
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