Apple Inc.: Beat — EPS $2.10, Revenue $114.48B
Earnings BeatQ4 2026 · After-market
Did Apple Inc. (AAPL) beat earnings today?
Yes, Apple Inc. (AAPL) beat Wall Street analyst expectations for Q4 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+5.53% surprise
$2.10Actual
Expected: $1.99
vs. year ago +14.0%
Total Revenue+0.98% surprise
$114.48BActual
Expected: $113.37B
vs. year ago +12.0%
Released Nov 02 · 4:30 PM ET
Earning Report
| Metric | Q4 2026 | Q4 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $114.48B | $102.47B | +12.0% |
| Consolidated revenue by source | |||
| └─Products | $82.90B | $73.72B | +12.5% |
| └─Services | $31.57B | $28.75B | +9.8% |
| Revenue by business — separate view | |||
| └─Americas | $48.68B | $44.19B | +10.2% |
| └─Europe | $32.01B | $28.70B | +11.5% |
| └─Greater China | $17.54B | $14.49B | +21.0% |
| └─Japan | $6.54B | $6.64B | -1.4% |
| └─Rest of Asia Pacific | $9.71B | $8.44B | +15.0% |
| └─iPhone | $57.58B | $49.02B | +17.5% |
| └─Mac | $10.79B | $8.73B | +23.7% |
| └─iPad | $6.23B | $6.95B | -10.4% |
| └─Wearables, Home and Accessories | $8.30B | $9.01B | -7.9% |
| Net Income | $30.71B | $27.47B | +11.8% |
| GAAP Basic EPS | $2.11 | $1.85 | +14.1% |
| GAAP Diluted EPS | $2.10 | $1.85 | +14.0% |
Business Highlights
- ➤Introduced iPhone Duo, alongside iPhone 18 Pro and iPhone 18 Pro Max.
- ➤Introduced a new generation of home hardware.
- ➤Brought Touch to Mac for the first time.
- ➤Highlighted the all-new Siri AI.
- ➤Active-device installed base reached a new all-time high across major product categories and geographies.
- ➤Board declared a $0.27 per-share cash dividend.
- ➤Returned $28B to shareholders during the quarter.
- ➤Apple’s ecosystem includes six software platforms across its devices.
- ➤Company offers services including the App Store, Apple Music, Apple Pay, iCloud, and Apple TV.
Management Commentary
John Ternus, CEO
“Today, Apple is proud to report a September quarter revenue record of $114.5 billion, up 12 percent from a year ago, with iPhone reaching a September quarter record and Services reaching an all-time high, capping off our best fiscal year ever.”
John Ternus, CEO
“We’re closing the year with our most ambitious lineup yet. That includes the iPhone Duo, the most transformational iPhone since the original, alongside iPhone 18 Pro and iPhone 18 Pro Max, our most powerful iPhones yet. We also just introduced a whole new generation of hardware for the home and brought Touch to Mac for the first time. Together with the all-new Siri AI, it’s an incredible lineup to carry us into the holiday season.”
Kevan Parekh, CFO
“Apple delivered September quarter records for net income and EPS. Our record September quarter capped off a strong fiscal 2026, with all-time record revenue of $479 billion and double-digit EPS growth.”
Kevan Parekh, CFO
“We generated $28 billion in operating cash flow during the quarter, allowing us to return $28 billion to shareholders. Thanks to our very high levels of customer satisfaction and loyalty, our installed base of active devices reached a new all-time high across all major product categories and geographic segments.”