Apple vs Microsoft — EBITDA Comparison

Apple (AAPL) ebitda was $157.6B in FY2025 (+8% YoY); Microsoft (MSFT) ebitda was $162.5B in FY2025 (+20% YoY). The tables below show the complete quarterly and annual ebitda history, sourced from SEC EDGAR 10-K and 10-Q filings.

Fiscal Year	Apple	Microsoft
2025	$157.6B	$162.5B
2024	$146.3B	$135.4B
2023	$136.7B	$109.1B
2022	$139.6B	$103.5B
2021	$128.1B	$85.3B
2020	$84.2B	$68.9B
2019	$82.5B	$57.3B
2018	$87.1B	$46.7B
2017	$76.3B	$38.7B
2016	$74.7B	$34.1B
2015	$84.0B	$26.9B
2014	$62.3B	$33.6B
2013	$57.1B	$31.8B
2012	$59.6B	$26.2B
2011	$36.6B	$31.3B
2010	$20.1B	$27.8B
2009	$13.1B	$23.8B
2008	$9.2B	$25.1B

Apple — Annual EBITDA

Fiscal Year	EBITDA	YoY
2025	$157.6B	+8%
2024	$146.3B	+7%
2023	$136.7B	-2%
2022	$139.6B	+9%
2021	$128.1B	+52%
2020	$84.2B	+2%
2019	$82.5B	-5%
2018	$87.1B	+14%
2017	$76.3B	+2%
2016	$74.7B	-11%
2015	$84.0B	+35%
2014	$62.3B	+9%
2013	$57.1B	-4%
2012	$59.6B	+63%
2011	$36.6B	+82%
2010	$20.1B	+54%
2009	$13.1B	+41%
2008	$9.2B

Microsoft — Annual EBITDA

Fiscal Year	EBITDA	YoY
2025	$162.5B	+20%
2024	$135.4B	+24%
2023	$109.1B	+5%
2022	$103.5B	+21%
2021	$85.3B	+24%
2020	$68.9B	+20%
2019	$57.3B	+23%
2018	$46.7B	+21%
2017	$38.7B	+13%
2016	$34.1B	+27%
2015	$26.9B	-20%
2014	$33.6B	+6%
2013	$31.8B	+21%
2012	$26.2B	-16%
2011	$31.3B	+13%
2010	$27.8B	+17%
2009	$23.8B	-5%
2008	$25.1B

Source: AAPL on EDGAR · MSFT on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.