# What is EPS?

Informational only - not investment advice.

Book: [Reading Financial Data - Step by Step](/guide/)
Chapter: [Reading a company's financials](/guide/company-financials/)
As of: 2025-10-31

Diluted EPS is earnings per share after including dilutive shares.

## Concept

EPS is a per-share figure. Diluted EPS is the conservative version because it counts potential shares from options, convertibles, and similar instruments.

## Worked Example: Read Apple's diluted EPS

1. AAPL reported net income of $112.0 billion for fiscal 2025.
2. The same SEC companyfacts set reports diluted EPS of $7.46 per diluted share.
3. grepcent defaults to diluted EPS because it uses the broader share count, not just shares currently outstanding.
4. Read the EPS line as dollars per diluted share, not total company dollars.

## See it live

- [AAPL company page](/company/AAPL/)

## Sources

- [AAPL SEC companyfacts](https://data.sec.gov/api/xbrl/companyfacts/CIK0000320193.json)
- [AAPL latest 10-K source](https://www.sec.gov/Archives/edgar/data/320193/000032019325000079/aapl-20250927.htm)