In a bearing apparatus, a first cup portion defining a portion of a stationary portion of a bearing apparatus includes a circular plate portion and a cylindrical portion projecting downward from an outer edge portion of the circular plate portion. A rotating portion of the bearing apparatus includes an annular recessed portion arranged to accommodate at least a lower end portion of the cylindrical portion. Accordingly, it is possible to limit the axial dimension of the bearing apparatus while also enabling both a radial dynamic pressure groove array and a pumping groove array to have a sufficient axial dimension. Additionally, one end of a through hole defined in the rotating portion is arranged to open into the annular recessed portion, so that any air bubbles introduced into a lubricating oil by the pumping groove array can be efficiently caused to flow downward through the through hole and out of the bearing apparatus.