Apple Reports Record-Breaking 2Q 2026 Results: $29.6B Profit on $111.2B Revenue
Source: MacRumors
Apple today announced financial results for the second fiscal quarter of 2026, which corresponds to the first calendar quarter of the year.
Financial Highlights
- Revenue: $111.2 billion
- Net quarterly profit: $29.6 billion ($2.01 per diluted share)
Compared with the year‑ago quarter, revenue increased from $95.4 billion and net profit rose from $24.8 billion ($1.65 per diluted share).
- Services revenue: Reached an all‑time high.
- iPhone revenue: Set a March‑quarter record.
- Gross margin: 49.3 % (up from 47.1 % YoY).
Share Repurchase & Dividend
- The board authorized an additional $100 billion for share repurchases.
- Dividend increased to $0.27 per share, up from $0.26.
- Payable May 14 to shareholders of record as of May 11.
CEO Statement
“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 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.”
Live Streaming
Apple will provide live streaming of its fiscal Q2 2026 financial results conference call at 2:00 p.m. Pacific. The stream is available here.