Apple has announced its financial results for the first quarter of fiscal 2026, ended December 27, 2025, posting record quarterly revenue of $143.8 billion, up 16% year over year. Diluted earnings per share reached $2.84, marking a 19% increase compared to the same period last year.
“Today, Apple is proud to report a remarkable, record-breaking quarter, with revenue well above our expectations,” said CEO Tim Cook. The strong performance was led by iPhone sales, which achieved their best quarter ever, supported by robust demand in key markets such as China and India. According to Apple, iPhone revenue reached $85 billion, up from $69 billion last year, setting all-time records across every geographic segment.
In addition to iPhone growth, Apple’s Services segment also hit an all-time revenue record, growing 14% year over year. The company highlighted that its installed base now exceeds 2.5 billion active devices, demonstrating strong customer loyalty and satisfaction.
India emerged as a key growth market, contributing to record-breaking quarterly revenue for iPhone, Mac, and iPad sales, alongside Services. Apple CFO Kevan Parekh noted that strong margins and record business performance led to 19% EPS growth and generated nearly $54 billion in operating cash flow, allowing Apple to return $32 billion to shareholders.
The company’s board declared a cash dividend of $0.26 per share, payable on February 12, 2026, to shareholders of record as of February 9, 2026.
Apple’s Q1 FY26 results reinforce its global dominance in smartphones, PCs, and services, demonstrating the company’s continued ability to drive growth and deliver shareholder value.
