Apple Inc. reported results for the third quarter of 2026 with revenue of $109.42B and diluted earnings per share of $2.02, versus $94.04B and $1.57 in the year-ago quarter, reflecting broad product and regional strength and higher operating investment.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$109.42B$94.04B16.4% | Net income²$29.79B$23.43B27.1% | Diluted EPS³$2.02$1.5728.7% |
¹ Reported as “Total net sales”. ² Reported as “Net income”. ³ Reported as “Diluted earnings per share”.
Business Highlights
- Revenue growth was driven by a 22% increase in iPhone sales and a 12% rise in Services; nine‑month growth also totaled 16%.
- Regional gains were broad-based with Americas up 11%, Europe up 22% and Greater China up 22%, aided in part by currency moves.
- Strong demand for iPhone Pro models and laptops supported Mac and Services momentum; software updates including iOS 27 and Siri AI were noted.
- R&D spending increased 32% year over year to support AI infrastructure investments; higher component costs and supply constraints were cited.
- Product gross margin improved to 40.1% due to a favorable product mix and tariff refunds, though tariffs and supply costs remain potential headwinds.
Original SEC Filing:
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