EarningsQ3 2026 Earnings Report
MX:AAPL Q3 2026 EPS Results
Actual EPS$37.20
Consensus EPS$34.84
Beat/MissBeat by +$2.36
One Year Ago EPS$28.91
MX:AAPL Q3 2026 Revenue Results
Actual Revenue$2.01T
Expected Revenue$2.01T
Beat/MissBeat by +$6.96B
YoY Revenue Growth+16.36%
Earnings Announcement Details
QuarterQ3 2026
Date07/30/2026
TimeAfter Close
Conference CallThursday, July 30, 2026
MX:AAPL Upcoming Earnings
Apple's next earnings date is estimated for November 2, 2026, based on past reporting schedules.
Q3 2026 Earnings Call Audio
MX:AAPL Q3 2026 Earnings Call
0:00 / 0:00
Q3 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q3 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted strong demand and multiple record results — total company revenue (+16%), iPhone (+22%), Mac (+29%), and services (+12%) — along with robust profitability, cash generation, strategic U.S. investments and major AI product momentum (Siri AI). Key challenges include intensifying supply constraints tied to advanced SoC nodes, pronounced memory price inflation that pressures gross margins, FX headwinds, and some services/App Store softness (mobile gaming and regulatory impacts). Management provided conservative near-term guidance (September growth 9%-11%) reflecting these headwinds but emphasized continuing strong underlying demand and long-term AI and ecosystem opportunities.Company Guidance
Record Quarterly Revenue
Total revenue of $109.4 billion, up 16% year-over-year, a June-quarter record despite supply constraints and FX headwinds.
iPhone Strength
iPhone revenue of $54.3 billion, up 22% year-over-year, set a June-quarter record; global share gains per IDC and a June-quarter record for upgraders.
Mac Outperformance
Mac revenue of $10.4 billion, up 29% year-over-year, best June quarter ever driven by MacBook Pro and MacBook Neo; global share gains per IDC and all-time records for upgraders and customers new to Mac.
Services Momentum and Scale
Services revenue reached $30.7 billion, up 12% year-over-year and a June-quarter record; all-time records in cloud services and payment services; paid subscriptions surpassed 1.5 billion.
Strong Profitability and Cash Generation
Net income of $29.8 billion and diluted EPS of $2.02 (up 29% year-over-year). Operating cash flow was $34.4 billion, setting June-quarter records even excluding tariff refund benefits.
Improving Company Gross Margin
Reported company gross margin of 50.1%, up 80 basis points sequentially (note: included ~2 percentage points benefit from tariff refunds).
Wearables and Accessories Growth
Wearables, home and accessories revenue of $7.9 billion, up 6% year-over-year; June-quarter record for Apple Watch upgraders and wearables install base at an all-time high.
Install Base and Customer Satisfaction
Installed base exceeded 2.5 billion active devices (all-time high) with high reported customer satisfaction metrics (e.g., iPhone 99%, Mac 95%, iPad 98%, Apple Watch 95% in the U.S.).
Product and Ecosystem Innovation (AI and Content)
Announced Siri AI and broader Apple Intelligence with positive beta feedback; Apple TV+ and content received industry recognition (Tony, Emmys nominations—record 89 nominations) and Apple TV viewership reached all-time highs.
Capital Return and Balance Sheet
Ended quarter with $147 billion in cash and marketable securities and $84 billion of total debt; returned $33 billion to shareholders in the quarter (including $25.8 billion in share repurchases) and declared a $0.27 per share dividend.
Strategic U.S. Manufacturing Commitment
Announced a multi-year agreement with Broadcom expected to exceed $30 billion as part of the American Manufacturing Program; progress on Apple Advanced Manufacturing Center and plans to reinvest tariff refunds into U.S. operations.
MX:AAPL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed