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Apple Reports Record-Breaking 2Q 2026 Results: $29.6B Profit on $111.2B Revenue

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Apple today announced financial results for the second fiscal quarter of 2026, which corresponds to the first calendar quarter of the year.

aapl-2q26-line.jpg

For the quarter, Apple posted revenue of $111.2 billion and net quarterly profit of $29.6 billion, or $2.01 per diluted share, compared to revenue of $95.4 billion and net quarterly profit of $24.8 billion, or $1.65 per diluted share, in the year-ago quarter. Services revenue again reached an all-time high during the quarter, while company revenue, earnings per share, and iPhone revenue all set March quarter records.

Gross margin for the quarter was 49.3 percent, compared to 47.1 percent in the year-ago quarter. Apple's board of directors also authorized an additional $100 billion for share repurchases and declared an increased dividend payment of $0.27 per share, up from $0.26 per share. The dividend is payable May 14 to shareholders of record as of May 11.
"Today Apple is proud to report our best March quarter ever, with revenue of $111.2 billion and double-digit growth across every geographic segment," said Tim Cook, Apple's CEO. "iPhone achieved a March quarter revenue record, fueled by such extraordinary demand for the iPhone 17 lineup. During the quarter, Services achieved yet another all-time record, and we were excited to introduce remarkable new products to our strongest lineup ever. That included the addition of the iPhone 17e and the M4-powered iPad Air, along with the launch of MacBook Neo, which is captivating customers all around the world."
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aapl-2q26-pie.jpg

Apple will provide live streaming of its fiscal Q2 2026 financial results conference call at 2:00 pm Pacific, and MacRumors will update this story with coverage of the conference call highlights.

Conference call starts at 2:00 p.m. Pacific - No need to refresh
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Article Link: Apple Reports Record-Breaking 2Q 2026 Results: $29.6B Profit on $111.2B Revenue
 
Article Link
https://www.macrumors.com/2026/04/30/apple-2q-2026-earnings/
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MacRumors said:


Apple today announced financial results for the second fiscal quarter of 2026, which corresponds to the first calendar quarter of the year.

aapl-2q26-line.jpg

For the quarter, Apple posted revenue of $111.2 billion and net quarterly profit of $29.6 billion, or $2.01 per diluted share, compared to revenue of $95.4 billion and net quarterly profit of $24.8 billion, or $1.65 per diluted share, in the year-ago quarter. Services revenue again reached an all-time high during the quarter, while company revenue, earnings per share, and iPhone revenue all set March quarter records.

Gross margin for the quarter was 49.3 percent, compared to 47.1 percent in the year-ago quarter. Apple's board of directors also authorized an additional $100 billion for share repurchases and declared an increased dividend payment of $0.27 per share, up from $0.26 per share. The dividend is payable May 14 to shareholders of record as of May 11.
aapl-2q26-pie.jpg

Apple will provide live streaming of its fiscal Q2 2026 financial results conference call at 2:00 pm Pacific, and MacRumors will update this story with coverage of the conference call highlights.

Conference call starts at 2:00 p.m. Pacific - No need to refresh
​


Visit article to see live updates



Article Link: Apple Reports Record-Breaking 2Q 2026 Results: $29.6B Profit on $111.2B Revenue
Click to expand...


Booya Apple!

Record Setting Quarter again!

Good YOY growth!
 
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Reactions: hieranonymous, jonahj and DelayedGratificationGene
Not bad. Everything beat analyst expectations except for iPhone sales
  • EPS: $2.01 vs. $1.95
  • Revenue: $111.18 vs. $109.66 billion
    .
  • iPhone revenue: $56.99 billion vs $57.21 billion expected
  • Mac revenue: $8.4 billion vs. $8.02 billion expected
  • iPad revenue: $6.91 billion vs. $6.66 billion expected
  • Wearables, Home and Accessories revenue: $7.9 billion vs. $7.7 billion expected
  • Services revenue: $30.98 billion vs. $30.39 billion expected
  • Gross margin: 49.3% vs. 48.4%
 
Before it can find another hot selling hardware, it can only stay as “boring”. It’s unfortunate that Vision Pro didn’t splash.
 
I guess this quarter has been positively influenced by the impressive MacBook Neo sales, plus the MacBook Air and the iPhone 17e.

Also, maybe this quarter has benefited from the RAM crisis with many people getting a Mac due to the low availability of memory, and some even buying in advance before prices increase.

We’ll see how it goes next year when the RAM scarcity impacts them and have to either raise the prices or downgrade the hardware quality to shave costs…

I know it is tempting to wait for the A20 and M6 devices, but honestly, I think there’s never been a better moment to buy an Apple product. The N3P lineup of chips are quite awesome for the price.
 
Viewing this page on my Neo while on American Airlines going from Phoenix to Miami. Neo works for me. I imagine many more will find this a great travel laptop. Mine fit the storage rack in front of me in First Class for take off and Landing. It also fits into my camera bag where a 13" MBAir will not fit.
 
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