Apple Reports Its Biggest Quarter Ever as Revenue Reaches $143.7 Billion

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Apple has delivered the strongest quarter in its history, reporting record results for fiscal Q1 2026 and comfortably exceeding market expectations. The performance underscores the company’s continued reliance on iPhone demand and its steadily expanding Services business.

For the quarter ended December 27, 2025, Apple posted total revenue of $143.7 billion, up 16% year over year. Net profit reached $42.09 billion, while earnings per share rose to $2.84, marking an all-time high for the company.

iPhone and Services Drive Growth

iPhone remained Apple’s primary revenue engine, generating $85.27 billion during the quarter. Strong demand across global markets made it the best iPhone quarter Apple has ever reported, reinforcing the product’s central role in the company’s business.

Apple’s Services segment also delivered record results, producing $30.01 billion in revenue and growing at a double-digit rate compared to last year. With more than 2.5 billion active devices now in use worldwide, Apple continues to benefit from a large installed base that supports recurring revenue through digital services and subscriptions.

Other hardware categories provided steady contributions. Mac revenue totaled $8.39 billion, while iPad brought in $8.50 billion. The Wearables, Home, and Accessories segment added $11.49 billion, reflecting consistent demand across Apple’s broader product ecosystem.

Also read: Apple Reaches $4 Trillion Milestone, Joining Microsoft and Nvidia

Strong Cash Flow and Shareholder Returns

Apple generated nearly $54 billion in operating cash flow during the quarter, supported by strong margins and disciplined cost control. The company returned close to $32 billion to shareholders, continuing its long-standing approach to capital returns.

Earnings per share increased 19% from a year earlier, highlighting Apple’s ability to translate revenue growth into higher profitability.

Momentum Heading Into 2026

The record-setting quarter confirms Apple’s optimistic outlook entering the December period and sets a high benchmark for the rest of fiscal 2026. While the broader tech industry continues to face uneven demand, Apple’s latest results point to a business entering the new year with strong momentum, loyal customers, and a financial model that continues to scale.

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