Apple reports second quarter results

CUPERTINO, CALIFORNIA Apple today announced financial results for its fiscal 2026 second quarter ended 28 March 2026. The Company posted quarterly revenue of US$111.2 billion, up 17 per cent year over year. Diluted earnings per share was US$2.01, up 22 per cent year over year.

“Today Apple is proud to report our best March quarter ever, with revenue of US$111.2 billion and double-digit growth across every geographic segment,” said Tim Cook, Apple’s CEO. “iPhone achieved a March quarter revenue record, fuelled by such extraordinary demand for the iPhone 17 line-up. During the quarter, Services achieved yet another all-time record, and we were excited to introduce remarkable new products to our strongest line-up 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.”

“Our strong business performance during the March quarter generated over US$28 billion in operating cash flow and drove new March quarter records for both operating cash flow and EPS,” said Kevan Parekh, Apple’s CFO. “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 board of directors has declared a cash dividend of US$0.27 per share of the Company’s common stock, an increase of 4 per cent. The dividend is payable on 14 May 2026, to shareholders of record as of the close of business on 11 May 2026. The board of directors has also authorised an additional program to repurchase up to US$100 billion of the Company’s common stock.

Apple will provide live streaming of its Q2 2026 financial results conference call beginning at 2:00 pm PT on 30 April 2026, at apple.com/investor/earnings-call. The webcast will be available for replay for approximately two weeks thereafter.