Apple just released its earnings report for the second fiscal quarter of 2026. The company reported revenue of $111.2 billion, net income of $29.58 billion, and earnings per share of $2.01. Here’s the full breakdown.
Apple sees its revenues increase by 17% year-on-year
Last January, during the first quarter 2026 earnings conference call, Apple said that it expected second quarter 2026 revenue to increase between 13% and 16% year over year. Today, the company reported its actual results, which came in above the expected range.
According to Yahoo! Financethe market was expecting an average earnings per share of $1.94 on revenue of $109.73 billion. Apple posted:
- Total revenue: $111.2 billion
- Net profit: $29.58 billion
- Earnings per share: $2.01
- iPhone revenue: $56.99 billion
- Mac revenue: $8.40 billion
- iPad revenue: $6.91 billion
- Wearables, home and accessories revenue: $7.90 billion
- Service revenue: $30.98 billion
Here’s Apple CEO Tim Cook on today’s results:
“Today, Apple is proud to announce its best-ever March quarter, with revenue of $111.2 billion and double-digit growth across all geographic segments. (…) iPhone achieved record revenue for the March quarter, fueled by extraordinary demand for the iPhone 17 lineup. During the quarter, services reached another all-time high, and we were excited to introduce remarkable new products to our strongest lineup ever. included the addition of the iPhone 17e and the M4-equipped iPad Air, as well as the launch of the MacBook Neo, which is winning over customers around the world.
Apple CFO Kevan Parekh added:
“Our strong business performance in the March quarter generated more than $28 billion in operating cash flow and generated new records for the March quarter in operating cash flow and EPS. (…) Continued strong customer demand for our products and services once again helped us achieve a new record for our installed base of active devices across all major product categories and geographic segments.”
Apple’s second quarter 2026 in the charts
Ahead, 9to5Mac’s full coverage of the earnings call featuring Cook and Parekh. You can listen live via this link, starting at 2:00 p.m. PT / 5:00 p.m. ET. You can also read Apple’s full earnings release on Apple Newsroom.
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