Apple Reports Record-Breaking 2Q 2026 Results: $29.6B Profit on $111.2B Revenue
Apple reported record financial results for its second fiscal quarter of 2026, achieving $111.2 billion in revenue and $29.6 billion in net profit, driven by strong performance across all geographic segments and product categories. The company set March quarter records in overall revenue, earnings per share, iPhone revenue, and Services revenue, with improved gross margins compared to the prior year. Apple's board authorized a $100 billion increase in share repurchase funding and raised its quarterly dividend to $0.27 per share.
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Apple Reports Record-Breaking 2Q 2026 Results: $29.6B Profit on $111.2B RevenueThursday April 30, 2026 1:38 pm PDT by Jordan GolsonApple today announced financial results for the second fiscal quarter of 2026, which corresponds to the first calendar quarter of the year. For the quarter, Apple posted revenue of $111.2 billion and net quarterly profit of $29.6 billion, or $2.01 per diluted share, compared to revenue of $95.4 billion and net quarterly profit of $24.8 billion, or $1.65 per diluted share, in the year-ago quarter. Services revenue again reached an all-time high during the quarter, while company revenue, earnings per share, and iPhone revenue all set March quarter records. Gross margin for the quarter was 49.3 percent, compared to 47.1 percent in the year-ago quarter.
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