Apple just had its biggest fiscal quarter ever, delivering on the promise it made last October during the Q4 2025 earnings call.
In the quarter ended December 27, 2025, the company reported $143.7 billion in revenue, $42.09 in net profit, and $2.84 in earnings per share. Here’s the full breakdown.
Apple posts best fiscal quarter ever
Last October, during Apple’s Q4 2025 earnings call, Tim Cook sounded very confident about what the market could expect from the company’s fiscal Q1 2026:
“We expect total company revenue to grow by 10 to 12% year over year, we expect iPhone revenue to grow double digits, year over year, and we expect that that would make the December quarter the best ever in the history of the company.”
Today, Apple delivered on that promise. While the market was expecting earnings per share of $2.68 on revenue of $138.4 billion, according to Bloomberg consensus estimates, Apple posted:
- Total revenue: $143.7 billion
- Net profit: $42.09 billion
- Earnings per share: $2.84
- iPhone revenue: $85.27 billion
- Mac revenue: $8.39 billion
- iPad revenue: $8.50 billion
- Wearables, Home, and Accessories revenue: $11.49 billion
- Services revenue: $30.01 billion
Here’s Apple CEO Tim Cook on today’s results:
“Today, Apple is proud to report a remarkable, record-breaking quarter, with revenue of $143.8 billion, up 16 percent from a year ago and well above our expectations. (…) iPhone had its best-ever quarter driven by unprecedented demand, with all-time records across every geographic segment, and Services also achieved an all-time revenue record, up 14 percent from a year ago. We are also excited to announce that our installed base now has more than 2.5 billion active devices, which is a testament to incredible customer satisfaction for the very best products and services in the world.”
Apple CFO Kevan Parekh added:
“During the December quarter, our record business performance and strong margins led to EPS growth of 19 percent, setting a new all-time EPS record. (…) These exceptionally strong results generated nearly $54 billion in operating cash flow, allowing us to return almost $32 billion to shareholders.”
Apple’s Q1 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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