Apple has a market capitalization of about $4.41 trillion in 2026, the third most valuable company in the world behind NVIDIA and Alphabet. Apple was the first public company ever to reach a $1 trillion valuation, on August 2, 2018, then the first to reach $2 trillion and $3 trillion. It held the title of world's most valuable company for most of the 2010s, until NVIDIA passed it in 2024 during the AI boom. See where it ranks today on the Kilocorn Club.

Apple's road from $1 trillion to $4 trillion

DateMarket cap
Aug 2, 2018$1.00T
Aug 19, 2020$2.00T
Jun 2023$3.00T
2025$4.00T
May 2026$4.41T

Apple crossed each milestone faster than the last. It took 38 years as a public company to reach the first trillion in 2018, two more years to double it, and under three more to reach $3 trillion. Compare it with the rest of the most valuable companies.

Why Apple is no longer number one

For more than a decade Apple was the most valuable company on the planet. That changed in 2024, when NVIDIA overtook it on demand for AI chips, and again when Alphabet pushed past it on its Gemini AI products. Apple still sits in the top three, carried by iPhone, services revenue and a huge install base, but it no longer sets the pace.

How big Apple is next to whole economies

At $4.41 trillion, Apple is worth more than the annual economic output of every country except a handful of the largest. Its market value exceeds the GDP of Germany, the United Kingdom, France or India.

Frequently asked questions

What is Apple's market cap in 2026?

About $4.41 trillion, the third largest in the world after NVIDIA and Alphabet.

Was Apple the first trillion dollar company?

Yes. Apple closed above a $1 trillion market value for the first time on August 2, 2018, the first US public company to do so.

When did Apple reach a $3 trillion market cap?

Apple first touched $3 trillion in January 2022 and closed above it in mid 2023, the first company to reach that level.

Is Apple bigger than NVIDIA?

No. As of 2026 NVIDIA is worth about $5.4 trillion and Alphabet about $4.8 trillion, both ahead of Apple, which ranks third.

What was Apple worth at its IPO?

Apple's 1980 IPO valued the company at about $1.8 billion. It has grown more than two thousand times larger since.