Apple’s research and development (R&D) spending increased by $11. 22 billion in fiscal 2026, reaching $45. 77 billion, according to the company’s financial statements . The figures represent a 32% increase from $34. 55 billion in fiscal 2025. That works out to roughly $125 million a day spent on developing Apple’s products and technologies during its financial year, which ended on September 26. Research spending grew considerably faster than sales. Apple’s annual revenue increased 15%, while its R&D expenses rose by nearly a third. The company now spends close to one dollar on research and development for every ten dollars it brings in…