Apple has reported its financials for the second quarter of 2026, posting a second-quarter document of $111.2 billion with positive factors virtually throughout the board that exceed the expectations of Wall Road analysts.
The second quarter of Apple’s monetary calendar has ended, and is normally a reasonably quiet affair following the blockbuster first-quarter figures. For 2026, Q2 has a good bit of anticipated spice, as a result of John Ternus announcement.
Within the quarter, Apple’s income hit $111.2 billion, up from the $95.4 billion reported within the year-ago quarter.
The Wall Road consensus as of April 29 was a mean of $109.69 forecast.
Apple quarterly income and internet revenue as of Q2 2026
With regards to product classes, iPhone income of $56.99 billion is up from $46.84 billion in Q2 2025. Mac income of $8.4 billion is up from $7.95 billion.
The iPad income of $6.9 billion is a optimistic transfer from final yr’s dip to $5.56 billion. Wearables, Residence, and Equipment shifted from $7.5 billion within the year-ago interval to $7.9 billion now.
Providers, the ever-dependable product class, continued its ever-ongoing progress path, from $26.6 billion in Q2 2025 to $30.9 billion now.
Throughout Q1, Apple loved some post-holiday product launches, together with the M4 iPad Air, the iPhone 17e, the M5 improve to the MacBook Air, and the M5 Professional and M5 Max MacBook Professional. It additionally launched the Apple Studio Show replace, the Professional Show XDR was changed by the Studio Show XDR, and the MacBook Neo shocked the pocket book trade.
This came about to a backdrop of frequently rising costs for reminiscence and different elements, which Apple has up to now insulated itself from. Analysts will probably be eager to search out out Apple’s plans to tackle this drawback, in addition to its AI technique.
Apple additionally introduced that it’s launching an extra $100 billion share repurchase program. The quarterly dividend has additionally been elevated, rising 4% to $0.27 per share.
Apple quarterly income by unit as of Q2 2026
Present-CEO Tim Prepare dinner commented that there was double-digit progress throughout each geographic phase, with iPhone additionally attaining a March quarter income document, due to iPhone 17 demand.
Kevan Parekh, CFO, added that there have been new March quarter information for working money move and EPS. “Continued sturdy buyer demand for our services and products as soon as once more helped us obtain a brand new all-time excessive for our put in base.”
Nevertheless, the most important speaking level for the outcomes would be the announcement of a CEO transition later in 2026. On September 1, Tim Prepare dinner will turn into govt chairman, with {hardware} chief John Ternus taking the reins.
Whereas Ternus will not be concerned within the normal convention name with analysts that follows the outcomes launch, he will probably be a scorching subject of dialog as analysts attempt to decide how the long run governance of the corporate will go.
As all the time, AppleInsider will probably be listening in to the decision, irrespective of the place the dialog flows.
