Apple Reports Q3 FY26 Earnings: $109.4 Billion in Revenue, $29.8 Billion in Net Income [Chart]

Apple has announced financial results for its fiscal 2026 third quarter, reporting revenue of $109.4 billion and net income of $29.8 billion for the three months ended June 27, 2026.

Revenue increased 16 percent from $94.0 billion in the year-ago quarter, while net income rose 27 percent from $23.4 billion. Diluted earnings per share reached $2.02, up 29 percent year over year.


Apple reported a gross margin of 50.1 percent. The result included a favorable impact of approximately two percentage points from tariff refunds, which also added $0.11 to diluted earnings per share.

Tim Cook called it Apple's "strongest June quarter ever," citing double-digit revenue growth across iPhone, Mac, Services, and every geographic segment. Apple CFO Kevan Parekh said the quarter also produced June-quarter records for EPS and operating cash flow, while the installed base of active devices reached a new all-time high across every major product category and geographic segment.

Revenue by Product Category

iPhone revenue climbed 22 percent to $54.3 billion, while Mac revenue rose 29 percent to $10.4 billion. Services increased 12 percent to $30.7 billion, setting another June-quarter record.

Wearables, Home and Accessories revenue increased 6 percent to $7.9 billion. iPad was the only category to decline, falling 6 percent to $6.2 billion.


Apple's board declared a quarterly cash dividend of $0.27 per share, payable August 13, 2026, to shareholders of record at the close of business on August 10.

Apple's Q3 2026 earnings call begins at 2:00 p.m. Pacific Time today and will remain available for replay for approximately two weeks.

Consolidated Financial Statements

Apple's complete unaudited financial statements for the quarter are included below.