Apple Breaks Revenue Records With $114.5 Billion in Just 3 Months
Apple documented record revenue of $114.5 billion for its fiscal fourth quarter.
Apple documented record revenue of $114.5 billion for its fiscal fourth quarter.
Article outline
- What happened
- The key numbers
- Background
- What comes next
- Why it matters
- The bottom line
Key points
- Basic 14, 570, 195 14, 815, 307 14, 661, 935 14, 948, 500.
- Diluted 14, 630, 318 14, 863, 609 14, 720, 306 15, 004, 697.
- Total cost of sales $59, 657 $54, 125 $245, 232 $220, 960.
- Income before income taxes $36, 135 $32, 804 $159, 237 $132, 729.
- Wearables, Home and Accessories $8, 300 $9, 013 $35, 577 $35, 686.
Apple documented record revenue of $114.5 billion for its fiscal fourth quarter. It concluded on September 26, 2026. Revenue rose 12% compared with the same period last year, driven by higher iPhone, Mac, and Services sales.
While diluted earnings per share climbed 14% to $2.10, the firm recorded a gross margin of 47.9%. Tariff refunds contributed $0.05 to earnings per share and one percentage point to the gross margin.
For the full fiscal year, Apple generated a record $478.8 billion in revenue, up from $416.2 billion in 2025. Annual earnings per share additionally recorded double-digit expansion. IPhone Remains Apple's Biggest Business.
Apple generated $57.6 billion from iPhone sales during the September quarter, compared with $49 billion during the same period last year.
For the full fiscal year, iPhone revenue reached $254.1 billion, up from $209.6 billion in 2025.
Services remained Apple's second-largest revenue category, reaching a record $31.6 billion during the quarter, compared with $28.8 billion a year earlier. Annual Services revenue rose to $123.3 billion from $109.2 billion.
Mac revenue additionally climbed from $8.7 billion to $10.8 billion, making it Apple's third-largest category. Macs overtook Wearables, Home and Accessories. It declined from $9 billion to $8.3 billion.
Mac sales additionally exceeded Wearables, Home and Accessories for the full year.
Meanwhile, quarterly iPad revenue fell from $6.9 billion to $6.2 billion. Apple Creator Studio Gets Major AI Assistant Upgrades. Apple Revenue by Product Category. Figures in millions of US dollars. Category Q4 2026 Q4 2025 FY 2026 FY 2025. IPhone $57, 583 $49, 025 $254, 098 $209, 586. Mac $10, 792 $8, 726 $37, 929 $33, 708. IPad $6, 229 $6, 952 $27, 929 $28, 023.
Wearables, Home and Accessories $8, 300 $9, 013 $35, 577 $35, 686. Services $31, 573 $28, 750 $123, 301 $109, 158. Total net sales $114, 477 $102, 466 $478, 834 $416, 161. Apple Sales Throughout Different Regions.
Meanwhile, the Americas remained Apple's largest market, generating $48.7 billion in revenue during the September quarter, compared with $44.2 billion a year earlier.
Europe followed with $32 billion, up from $28.7 billion in the previous year.
Greater China contributed $17.5 billion, compared with $14.5 billion during the same quarter last year.
While Japan recorded a slight decline from $6.6 billion to $6.5 billion, revenue from the rest of Asia Pacific rose from $8.4 billion to $9.7 billion. Apple Revenue by Region. Region Q4 2026 Q4 2025 FY 2026 FY 2025. Americas $48, 680 $44, 192 $198, 083 $178, 353. Europe $32, 008 $28, 703 $127, 604 $111, 032. Greater China $17, 539 $14, 493 $82, 378 $64, 377. Japan $6, 540 $6, 636 $30, 908 $28, 703.
Rest of Asia Pacific $9, 710 $8, 442 $39, 861 $33, 696. Total net sales $114, 477 $102, 466 $478, 834 $416, 161. Apple's Quarterly Profit and Financial Results.
Apple documented net income of $30.7 billion for the September quarter, compared with $27.5 billion during the same period in 2025.
While gross profit rose to $54.8 billion from $48.3 billion, operating income rose to $35.6 billion from $32.4 billion.
Notably, the firm additionally rose spending on research and development. It reached $11.7 billion during the quarter, compared with $8.9 billion a year earlier.
For the full fiscal year, Apple recorded $132.2 billion in net income, compared with $112 billion in 2025. Apple's Detailed Financial Results.
Figures in millions of US dollars, except earnings per share. Share counts are in thousands. Financial metric Q4 2026 Q4 2025 FY 2026 FY 2025. Products $82, 904 $73, 716 $355, 533 $307, 003. Services $31, 573 $28, 750 $123, 301 $109, 158. Total net sales $114, 477 $102, 466 $478, 834 $416, 161. Products $52, 064 $47, 019 $215, 874 $194, 116. Services $7, 593 $7, 106 $29, 358 $26, 844.
Total cost of sales $59, 657 $54, 125 $245, 232 $220, 960. Gross margin $54, 820 $48, 341 $233, 602 $195, 201. Research and development $11, 730 $8, 866 $45, 765 $34, 550.
Selling, general and administrative $7, 459 $7, 048 $29, 774 $27, 601. Total operating expenses $19, 189 $15, 914 $75, 539 $62, 151. Operating income $35, 631 $32, 427 $158, 063 $133, 050. Other income/(expense), net $504 $377 $1, 174 ($321).
Provision for income taxes $5, 424 $5, 338 $27, 062 $20, 719. Net income $30, 711 $27, 466 $132, 175 $112, 010. Basic $2.11 $1.85 $9.01 $7.49. Diluted $2.10 $1.85 $8.98 $7.46. Shares applied in computing EPS (thousands).
Apple Intends to Produce More Funds by Offering Third Party AI Agents. Apple Launches New Products Ahead of the Holiday Season.
After the end of its fiscal fourth quarter, apple introduced a number of new devices in October.
These included updated MacBooks, its first touchscreen MacBook Pro, and an iPad mini with an OLED display.
In practice, the firm additionally expanded its smart home lineup with a new smart display, cameras, thermostats, locks, smart speakers, and an updated Apple TV streaming device.
Another major release was the iPhone Duo. It began shipping in late October.
Since these products rolled out after the September quarter concluded, their sales will be reflected in Apple's upcoming financial results. Apple CEO Comments on Record Revenue.
Apple CEO John Ternus described the September quarter as a record period for the firm, highlighting robust iPhone revenue and the all-time high achieved by Services.
He additionally stated the results marked the end of Apple's strongest fiscal year to date.
Ternus highlighted the company's latest product lineup, including the iPhone Duo, iPhone 18 Pro, and iPhone 18 Pro Max.
He additionally pointed to Apple's expansion into smart home hardware, the introduction of touchscreen MacBooks, and the new Siri AI features.
According to Ternus, these products will be significant to Apple's performance during the upcoming holiday season.
Apple's next earnings report will provide a clearer picture of how the newly introduced devices contribute to the company's sales. Stay Connected with ProPakistani.
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In short, apple Breaks Revenue Records With $114.5 Billion in Just 3 Months is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.




