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Apple reports Q2 2026 earnings: $111.2 billion in revenue...
Marcus Mende · 2026-05-01 · via 9to5Mac
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Apple just released its earnings report for the second fiscal quarter of 2026. The company reported $111.2 billion in revenue, $29.58 billion in net profit, and $2.01 in earnings per share. Here’s the full breakdown.

Apple sees revenue climb 17% year over year

Last January, during Apple’s Q1 2026 earnings call, Apple said it expected Q2 2026 revenue to grow between 13% and 16% year over year. Today, the company released its actual results, which came above the expected range.

According to Yahoo! Finance, the market was expecting average earnings per share of $1.94 on revenue of $109.73 billion. Apple posted:

  • Total revenue: $111.2 billion
  • Net profit: $29.58 billion
  • Earnings per share: $2.01
  • iPhone revenue: $56.99 billion
  • Mac revenue: $8.40 billion
  • iPad revenue: $6.91 billion
  • Wearables, Home, and Accessories revenue: $7.90 billion
  • Services revenue: $30.98 billion

Here’s Apple CEO Tim Cook on today’s results:

“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. (…) iPhone achieved a March quarter revenue record, fueled by such 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.”

Apple CFO Kevan Parekh added:

“Our strong business performance during the March quarter generated over $28 billion in operating cash flow and drove new March quarter records for both operating cash flow and EPS. (…) Continued strong customer demand for our products and services once again helped us achieve a new all-time high for our installed base of active devices across all major product categories and geographic segments.”

Apple’s Q2 2026 in charts

Coming up, 9to5Mac’s full coverage of the earnings call with Cook and Parekh. You can listen live through this link, starting at 2:00 p.m. PT / 5:00 p.m. ET. You can also read Apple’s full earnings release on Apple Newsroom.

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