Apple Pty Ltd.

05/01/2026 | Press release | Distributed by Public on 04/30/2026 21:49

Apple reports second quarter results

PRESS RELEASE 01 May 2026

Apple reports second quarter results

March quarter records for total company revenue, iPhone revenue, and EPS

Services revenue reaches new all-time high
CUPERTINO, CALIFORNIA Apple today announced financial results for its fiscal 2026 second quarter ended 28 March 2026. The Company posted quarterly revenue of US$111.2 billion, up 17 per cent year over year. Diluted earnings per share was US$2.01, up 22 per cent year over year.
"Today Apple is proud to report our best March quarter ever, with revenue of US$111.2 billion and double-digit growth across every geographic segment," said Tim Cook, Apple's CEO. "iPhone achieved a March quarter revenue record, fuelled by such extraordinary demand for the iPhone 17 line-up. During the quarter, Services achieved yet another all-time record, and we were excited to introduce remarkable new products to our strongest line-up 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."
"Our strong business performance during the March quarter generated over US$28 billion in operating cash flow and drove new March quarter records for both operating cash flow and EPS," said Kevan Parekh, Apple's CFO. "Continued strong customer demand for our products and services once again helped us achieve a new all-time high for our installed base of active devices across all major product categories and geographic segments."
Apple's board of directors has declared a cash dividend of US$0.27 per share of the Company's common stock, an increase of 4 per cent. The dividend is payable on 14 May 2026, to shareholders of record as of the close of business on 11 May 2026. The board of directors has also authorised an additional program to repurchase up to US$100 billion of the Company's common stock.
Apple will provide live streaming of its Q2 2026 financial results conference call beginning at 2:00 pm PT on 30 April 2026, at apple.com/investor/earnings-call. The webcast will be available for replay for approximately two weeks thereafter.

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This press release contains forward-looking statements, within the meaning of the US Private Securities Litigation Reform Act of 1995. These forward-looking statements include without limitation those about the Company's plan for return of capital, payment of the Company's quarterly dividend and future business plans. These statements involve risks and uncertainties, and actual results may differ materially from any future results expressed or implied by the forwards-looking statements. Risks and uncertainties include without limitation: effects of global and regional economic conditions, including as a result of government policies, trade and other international disputes, geopolitical tensions, conflict, terrorism, natural disasters and public health issues; risks relating to the design, manufacture, introduction and transition of products and services in highly competitive and rapidly changing markets, including from reliance on third parties for components, technology, manufacturing, applications, services, support and content; risks relating to information technology system failures, network disruptions and failure to protect, loss of, or unauthorised access to, or release of, data; and effects of unfavourable legal proceedings, government investigations, and complex and changing laws and regulations. More information on these risks and other potential factors that could affect the Company's business, reputation, results of operations, financial condition and stock price is included in the Company's filings with the SEC, including in the 'Risk Factors' and 'Management's Discussion and Analysis of Financial Condition and Results of Operations' sections of the Company's most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. The Company assumes no obligation to update any forward-looking statements, which speak only as of the date they are made.

About Apple

Apple revolutionised personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, AirPods, Apple Watch and Apple Vision Pro. Apple's six software platforms - iOS, iPadOS, macOS, watchOS, visionOS and tvOS - provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, iCloud and Apple TV. Apple's more than 150,000 employees are dedicated to making the best products on earth and to leaving the world better than we found it.

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