Apple Q3 FY2026: revenue $109.4 billion, EPS $2.02, margin 50.1%
Apple's June quarter was a record: revenue of $109.4 billion, up 16.4% from a year ago, and diluted EPS of $2.02 came in 4.8% above the $1.9271 consensus. Gross margin of 50.1% looks like the headline story, but about 2 percentage points of it came from one-off tariff refunds. Read this as strong underlying growth with a boost that will not repeat.
1 · Expected vs. Actual
Free preview belowDiluted EPS of $2.02 beat the $1.9271 consensus by 4.8% and rose 28.7% from $1.57 a year ago. Note that $0.11 of that $2.02 — roughly 5.4% — came from tariff refunds, which flatters the year-over-year comparison. Net income was $29.789 billion on operating income of $35.695 billion.
Revenue of $109.417 billion rose 16.4% from $94.036 billion a year earlier, though it slipped 1.6% from the $111.184 billion booked in the March quarter. Products delivered $78.678 billion and Services $30.739 billion, so hardware is still carrying most of the load. This was a June-quarter record for total company revenue.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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