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Apple Inc. AAPL Q4 2026 Annual earnings

Reported November 2, 2026 · After market close

Revenue$114.48BBeat by $1.1B
EPS$2.05Beat by $0.06
Revenue estimate$113.40B
EPS estimate$1.99
“Today, Apple is proud to report a September quarter revenue record of $114.5 billion, up 12 percent from a year ago, with iPhone reaching a September quarter record and Services reaching an all-time high, capping off our best fiscal year ever. We're closing the year with our most ambitious lineup yet. That includes the iPhone Duo, the most transformational iPhone since the original, alongside iPhone 18 Pro and iPhone 18 Pro Max, our most powerful iPhones yet. We also just introduced a whole new generation of hardware for the home and brought Touch to Mac for the first time. Together with the all-new Siri AI, it's an incredible lineup to carry us into the holiday season.”
John Ternus

Next report

Date not yet announced

Financials

Q4 2026

Income statement

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Revenue$114.48B+11.7%
Gross profit$54.8B+13.4%
Operating income$35.6B+9.9%
Net income$30.7B+11.8%
EPS (diluted)$2.10+14.1%

Balance sheet

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Cash & equivalents$36.3B+1.0%
Total debt$92.5B-11.4%
Total equity$112.09B+52.0%
Total assets$404.55B+12.6%

Cash flow

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Operating cash flow$28.1B-5.5%
CapEx$2.2B-30.8%
Free cash flow$25.9B-2.4%

Valuation & ratios

Valuation

as of 11/02/26
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Market cap$5.03T+26.5%
Enterprise value$5.09T+25.8%
P/E38.1×+2.6×
P/S10.5×+1.0×

Profitability

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Gross margin48.8%+1.9pp
Operating margin33%+1.0pp
Net margin27.6%+0.7pp
FCF margin28.4%+4.7pp

Returns & leverage

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Return on equity142.3%-29.2pp
Debt / equity0.8×-0.6×
Current ratio1×+0.1×

Segments

By segment

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Americas$48.7B+10.2%
Europe$32.0B+11.5%
Greater China$17.5B+21.0%
Rest of Asia Pacific$9.7B+15.0%
Japan$6.5B-1.4%

By product

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iPhone$57.6B+17.5%
Services$31.6B+9.8%
Mac$10.8B+23.7%
Wearables, Home and Accessories$8.3B-7.9%
iPad$6.2B-10.4%

By geography

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Other countries$57.2B+14.4%

FAQ

When did Apple Inc. report Q4 2026 earnings?
Apple Inc. (AAPL) reported Q4 2026 earnings on November 2, 2026 after market close.
What were Apple Inc.'s Q4 2026 revenue and EPS?
Apple Inc. reported revenue of $114.48B and eps of $2.05 for Q4 2026.
Did Apple Inc. beat estimates in Q4 2026?
Revenue beat the consensus estimate of $113.40B by $1.1B. EPS beat the consensus estimate of $1.99 by $0.06.
How did Apple Inc.'s Q4 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 11.7% from $102.47B a year earlier and eps grew 10.8% from $1.85.
Where can I find Apple Inc.'s Q4 2026 SEC filings?
You can read the 8-K earnings release (0000320193-26-000024) and the 10-K periodic report (0000320193-26-000026) directly on SEC EDGAR. The filing index links above go to sec.gov.