Apple reports fourth quarter results

Apple reported fiscal 2026 fourth-quarter revenue of $114.5 billion for the period ended September 26, 2026, up 12 percent year over year. The September quarter set records for total company revenue, iPhone revenue, and earnings per share. Services revenue reached an all-time high.

Gross margin was 47.9 percent, including an approximately 1 percentage point benefit from tariff refunds. Diluted earnings per share rose 14 percent to $2.10, including a $0.05 favorable tariff-refund impact. Apple also posted September-quarter records for net income and EPS.

CEO John Ternus said the results capped Apple’s “best fiscal year ever.” He cited the iPhone Duo, iPhone 18 Pro and Pro Max, new home hardware, Touch on Mac, and an all-new Siri AI. Ternus called the lineup a strong bridge into the holiday season.

For fiscal 2026, Apple reported all-time record revenue of $479 billion and double-digit EPS growth. The company generated $28 billion in operating cash flow and returned $28 billion to shareholders. Its installed base of active devices hit an all-time high across major categories and regions.

Apple’s board declared a cash dividend of $0.27 per share, payable November 16, 2026, to shareholders of record on November 12, 2026. The company will stream its Q4 2026 results call at 2:00 p.m. PT on November 2, 2026. Management attributed the quarter’s strength to customer satisfaction and loyalty.

The results show Apple closing fiscal 2026 with record revenue and profit metrics, though tariff refunds aided gross margin and EPS. Investors will watch how the iPhone Duo and Siri AI perform commercially and whether Services can sustain its all-time-high momentum. Apple’s record installed base could support future growth.

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