Apple Reports Record Revenues of $143.8 Billion

As promised, Apple hit one out of the park with a net income of $42 billion on revenues of $143.8 billion in the quarter ending December 27, 2025. Those figures both represent gains of 16 percent, respectively, year-over-year (YOY) and the revenue figure is an all-time record for the company.

“Today, Apple is proud to report a remarkable, record-breaking quarter, with revenue of $143.8 billion, up 16 percent from a year ago and well above our expectations,” Apple CEO Tim Cook said. “iPhone had its best-ever quarter driven by unprecedented demand, with all-time records across every geographic segment, and Services also achieved an all-time revenue record, up 14 percent from a year ago. We are also excited to announce that our installed base now has more than 2.5 billion active devices, which is a testament to incredible customer satisfaction for the very best products and services in the world.”

The iPhone was obviously Apple’s biggest product in the quarter, and it delivered an incredible $85 billion in revenues all by itself, a gain of 23 percent compared to the $69 billion in the year-ago quarter. To put that in perspective, that’s more revenue than all of Microsoft recorded in the same quarter. It’s also 75 percent of Apple’s total revenues.

Services delivered $30 billion in revenues, up 14 percent YOY. As Mr. Cook noted, this, too, was a record.

The rest of Apple’s businesses delivered solid but mixed results. Wearables, Home and Accessories landed on $11.4 billion in revenues, a decline of 2 percent YOY. The iPad added $8.6 billion in revenue and the Mac added $8.4 billion; those figures represent YOY declines of 2 percent and 6.7 percent, respectively.