Apple reports Q2 2026 results; Company posted quarterly revenue of $111.2 billion, up 17% YoY

Apple has announced the financial results for its fiscal 2026 Q2, reporting quarterly revenue of $111.2 billion, up 17% YoY. According to the company, diluted earnings per share were $2.01, up 22% YoY.

Apple has posted $29.58 billion net profit with $56.99 billion iPhone revenue, $8.40 billion Mac revenue, $6.91 billion iPad revenue, $7.90 billion wearables, home & accessories revenue and $30.98 services revenue. The iPhone and services revenue have set high records in this quarter.

“Today Apple is proud to report our best March quarter ever, with revenue of $111.2 billion and double-digit growth across every geographic segment,” said Tim Cook, Apple’s CEO. “iPhone achieved a March quarter revenue record, fueled by such extraordinary demand for the iPhone 17 lineup. During the quarter, Services achieved yet another all-time record, and we were excited to introduce remarkable new products to our strongest lineup ever. That included the addition of the iPhone 17e and the M4-powered iPad Air, along with the launch of MacBook Neo, which is captivating customers all around the world.”

“Our strong business performance during the March quarter generated over $28 billion in operating cash flow and drove new March quarter records for both operating cash flow and EPS,” said Kevan Parekh, Apple’s CFO. “Continued strong customer demand for our products and services once again helped us achieve a new all-time high for our installed base of active devices across all major product categories and geographic segments.”

Apart from this, it is revealed that Apple’s board of directors have declared a cash dividend of $0.27 per share of the Company’s common stock, an increase of 4 per cent. The dividend is payable on May 14, 2026, to shareholders of record as of the close of business on May 11, 2026. The board of directors has also authorised an additional program to repurchase up to $100 billion of the Company’s common stock.