Apple's fiscal 2026 R&D spending hits record $45.77 billion, up 32%
Apple disclosed in its Q4 2026 earnings that annual research and development spending reached $45.77 billion, a 32% jump from $34.55 billion in fiscal 2025. Quarterly R&D spend in Q4 was $11.73 billion, up from $8.87 billion a year earlier but nearly flat versus Q3, rising by just $1 million.