Apple posts record $114.5B quarter, $479B fiscal 2026 revenue

Apple’s fiscal fourth-quarter revenue reached $114.5 billion, a new September-quarter record and a 12% increase from a year earlier, with iPhone sales also setting a September-quarter high and Services revenue climbing to an all-time peak. Gross margin came in at 47.9%, lifted by roughly 1 percentage point from tariff refunds, while diluted earnings per share climbed 14% to $2.10, including a $0.05 boost from those same refunds.

CFO Kevan Parekh said the quarter “capped off a strong fiscal 2026, with all-time record revenue of $479 billion and double-digit EPS growth.” He added that the quarter brought in $28 billion of operating cash flow, all of which Apple returned to shareholders, and that its base of active installed devices hit a new high across every major product category and region.

CEO John Ternus credited the results to what he called the company’s most ambitious product lineup yet, pointing to the iPhone Duo — which he described as the most transformational iPhone since the original — alongside the iPhone 18 Pro and Pro Max, new home hardware, Touch on Mac for the first time, and the newly introduced Siri AI.

Apple’s board declared a quarterly dividend of $0.27 per share, payable November 16, 2026, to shareholders on record as of November 12, 2026.

Why it matters

The results show Apple closing its fiscal year on a high — record quarterly and full-year revenue, double-digit profit growth, and a one-time lift from tariff refunds — just as it leans on an unusually large wave of new hardware, from iPhone Duo to the first Mac with Touch, to carry it through the holiday quarter.