In its quarterly results, Apple reported that research and development expenses climbed to a record $11.73 billion, continuing the sharp acceleration in spending seen throughout fiscal 2026. Here are the details.
Apple increases R&D expenses
Last quarter, Apple reported research and development expenses of $11.4 billion, a 34% year-over-year jump.
During the company’s conference call discussing the results, Tim Cook said Apple was “clearly investing more,” adding that R&D was “accelerating much higher than the company” overall.
He later reiterated that R&D had “scaled rather significantly on a year-over-year basis,” specifically while discussing Apple’s AI investments. Apple CFO Kevan Parekh added that AI spending was being layered incrementally onto Apple’s normal product roadmap investments.
