Apple Posts Record Q1 2026 Earnings with $143.8B Revenue Driven by iPhone, Services Growth

Apple Achieves Record-Breaking Q1 2026 Financial Results

Apple Inc. has announced its financial outcomes for the first fiscal quarter of 2026, corresponding to the fourth calendar quarter of 2025. The company reported a remarkable revenue of $143.8 billion and a net quarterly profit of $42.1 billion, translating to earnings of $2.84 per diluted share. This performance marks a significant increase from the same quarter in the previous year, which saw revenue of $124.3 billion and a net profit of $36.3 billion, or $2.40 per diluted share.

The quarter set new records across several financial metrics, including total revenue, earnings per share, iPhone revenue, and services revenue. Year-over-year, total revenue experienced a 16% growth, while earnings per share rose by 19%. The gross margin for the quarter stood at 48.2%, an improvement from 46.9% in the corresponding quarter of the previous year. Additionally, Apple declared a quarterly dividend of $0.26 per share, payable on February 12 to shareholders of record as of February 9.

Tim Cook, Apple’s CEO, expressed his enthusiasm about the company’s performance, stating, Today, Apple is proud to report a remarkable, record-breaking quarter, with revenue of $143.8 billion, up 16 percent from a year ago and well above our expectations. iPhone had its best-ever quarter driven by unprecedented demand, with all-time records across every geographic segment, and Services also achieved an all-time revenue record, up 14 percent from a year ago. We are also excited to announce that our installed base now has more than 2.5 billion active devices, which is a testament to incredible customer satisfaction for the very best products and services in the world.

The iPhone segment was a significant contributor to this success, achieving its highest-ever quarterly revenue. This surge was driven by unprecedented demand, with all-time records set across every geographic segment. The services division also reached an all-time revenue record, marking a 14% increase from the previous year. This growth underscores the expanding ecosystem of Apple’s services, including the App Store, Apple Music, iCloud, and Apple Pay.

Apple’s installed base has now surpassed 2.5 billion active devices, reflecting strong customer satisfaction and the widespread adoption of its products and services. This milestone highlights the company’s ability to attract and retain a growing user base.

Looking ahead, Apple projects year-over-year revenue growth of 13% to 16% for the current quarter ending in March, with an anticipated gross margin between 48% and 49%. This optimistic outlook suggests continued momentum across Apple’s product and service offerings.

In summary, Apple’s first fiscal quarter of 2026 showcases the company’s robust financial health and its capacity to set new industry benchmarks. The record-breaking revenue and profit figures, coupled with significant growth in key segments, underscore Apple’s position as a leader in the technology sector.