Revenues at Cork-based Apple business rise to a record $235bn - News Summed Up

Revenues at Cork-based Apple business rise to a record $235bn


Pre-tax profits at the main Irish subsidiary of iPhone maker Apple last year increased by 6% to $80.96bn (€70.49bn) in another record year for the business. The group last year paid out $22.78bn in corporation tax, a 157% increase on the $8.84bn corporation tax paid out in the prior year. The group recorded post tax profits last year of $68.88bn after incurring a corporation tax charge of $12.07bn for 2025. The group accounts do not disclose corporate tax paid in Ireland but say a 12.5% corporate tax charge would have resulted in corporation taxes of $10.1bn. The corporation tax bill also includes a $1.4bn charge related to Pillar 2 international tax reforms which were designed at increasing the corporate tax take from large firms.


Source: Irish Examiner April 01, 2026 07:17 UTC



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