Apple reports fiscal 2026 fourth-quarter results
Apple reported fiscal 2026 fourth-quarter revenue of $114.5 billion, up 12% year over year, and diluted EPS of $2.10, up 14%, with a $0.05 favorable tariff-refund impact. Gross margin was 47.9%, including an approximately 1 percentage-point benefit from tariff refunds, operating cash flow was $28 billion, and shareholder returns were $28 billion. For full-year fiscal 2026, revenue was $478,834 million, net income was $132,175 million, and diluted EPS was $8.98. Apple declared a cash dividend of $0.27 per share,...
Key takeaways
Total revenue: Fourth-quarter revenue was $114.5 billion, up 12% year over year, while full-year revenue was $478,834 million, up 15.1%.
Profitability: Fourth-quarter diluted EPS was $2.10, up 14%, operating income was $35,631 million, up 9.9%, and gross margin was 47.9%.
Tariff refunds: Gross margin included an approximately 1 percentage-point favorable impact from tariff refunds, and diluted EPS included a $0.05 favorable impact.
Cash generation and returns: Apple generated $28 billion of operating cash flow during the quarter and returned $28 billion to shareholders.
Product revenue: iPhone revenue was $57,583 million, up 17.5%, and Services revenue was $31,573 million, up 9.8%; iPad revenue declined 10.4% and Wearables, Home and Accessories revenue declined 7.9%.
Geographic revenue: Greater China revenue was $17,539 million, up 21.0%, while Japan revenue was $6,540 million, down 1.4%.
Dividend: Apple declared a cash dividend of $0.27 per share, payable November 16, 2026 to shareholders of record as of November 12, 2026.
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Primary source
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