Apple Revenues Up 12 Percent to $114.5 Billion

Apple reported that it earned a net income of $30.7 billion on revenues of $114.5 billion in the quarter ending September 26, 2026. Those figures both represent gains of 12 percent year-over-year (YOY).

The quarter was Apple’s final fiscal quarter, with the firm also reporting a net income of $132 billion on revenues of $479 billion in fiscal year 2026. Those figures represent gains of 15 percent and 18 percent, respectively, YOY.

“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,” Apple CEO John Ternus said. “We’re closing the year with our most ambitious lineup yet. That includes the iPhone Duo, the most transformational iPhone since the original, alongside the 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.”

The iPhone was again Apple’s biggest product, with $57.6 billion in revenues, a gain of 17.5 percent YOY. For the year, the iPhone delivered $254 billion in revenues, a gain of 21.2 percent YOY.

Services were again Apple’s second-biggest business, with $31.6 billion in revenues, a gain of 9.8 percent YOY. For the year, Services provided $123 billion in revenues, a gain of 13 percent YOY.

The Mac added $10.8 billion in revenues in the quarter, up 23.7 percent YOY, with the annual total hitting $37.9 billion, a gain of 12.5 percent YOY.

The iPad and Wearables, Home and Accessories both came up a bit short this quarter and for the full year. The iPad had revenues of $6.2 billion in the quarter, a decline of 10.4 percent, and revenues of $27.9 billion in the quarter, a minor decline of 0.36 percent. And Wearables, Home and Accessories delivered revenues of $8.3 billion in the quarter, a decline of 7.9 percent, and revenues of $35.6 billion for the year, a minor decline of 0.30 percent.

Apple said that its net income–profits–would have been higher if it weren’t for the component crisis and that it faces ongoing supply constraints that will impact coming quarters.