Spending $45.765 billion: Apple's R&D expenses rose 32% year-on-year in its FY2026 fiscal year to set a new record, ramping up AI investments
In Apple's fourth quarter of fiscal year 2026 (June 28 to September 26, 2026), R&D spending reached $11.73 billion, up approximately 32.3% from the same period last year when it was $8.87 billion. Total R&D expenditure for fiscal year 2026 came to $45.77 billion, representing a 32.46% increase over the previous year's $34.5 billion.
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