Apple has reported record revenue of $114.5 billion for its fiscal fourth quarter. The quarter ended on September 26, 2026, marking a 12 percent annual increase.

Higher sales of iPhones, Macs and Services contributed to the company’s growth. Apple also reported strong financial results for the entire fiscal year.

The company’s gross margin reached 47.9 percent during the September quarter. Diluted earnings per share increased 14 percent to $2.10.

Tariff refunds contributed $0.05 to earnings per share. They also added one percentage point to the company’s gross margin.

For the full fiscal year, Apple generated record revenue of $478.8 billion. This was higher than the $416.2 billion recorded in fiscal year 2025.

iPhone Remains Apple’s Biggest Revenue Contributor

The iPhone continued to generate the largest share of Apple’s revenue. Quarterly iPhone sales reached $57.6 billion, compared with $49 billion last year.

For the full fiscal year, iPhone revenue increased to $254.1 billion. The company had generated $209.6 billion from iPhone sales in 2025.

Services remained Apple’s second-largest business category. Its quarterly revenue reached a record $31.6 billion, up from $28.8 billion.

Annual Services revenue also increased significantly. It reached $123.3 billion, compared with $109.2 billion in the previous fiscal year.

Mac revenue recorded another increase during the quarter. Sales grew from $8.7 billion to $10.8 billion.

This made Mac the company’s third-largest revenue category. It also moved ahead of Wearables, Home and Accessories.

Meanwhile, quarterly iPad revenue declined from $6.9 billion to $6.2 billion. Revenue from Wearables, Home and Accessories also decreased from $9 billion to $8.3 billion.

Apple Records Growth Across Major Markets

The Americas remained Apple’s largest regional market during the September quarter. Revenue from the region reached $48.7 billion, compared with $44.2 billion last year.

Europe generated $32 billion in quarterly revenue. This represented an increase from the previous year’s $28.7 billion.

Greater China also recorded strong growth. Revenue increased from $14.5 billion to $17.5 billion.

The Rest of Asia Pacific generated $9.7 billion, compared with $8.4 billion. However, Japan recorded a slight decline from $6.6 billion to $6.5 billion.

These figures show that Apple experienced growth across several major markets. Greater China and Europe also contributed to its quarterly performance.

Quarterly Profit and Research Spending Increase

Apple reported quarterly net income of $30.7 billion. This compared with $27.5 billion during the same period in 2025.

Operating income increased to $35.6 billion from $32.4 billion. Gross profit also climbed to $54.8 billion from $48.3 billion.

The company increased its research and development spending during the quarter. This expenditure reached $11.7 billion, compared with $8.9 billion previously.

For the full fiscal year, net income reached $132.2 billion. Apple had recorded annual net income of $112 billion in 2025.

New Products Could Influence Upcoming Results

Apple introduced several new products in October after the fiscal quarter ended. These included updated MacBooks and its first touchscreen MacBook Pro.

The company also introduced an iPad mini featuring an OLED display. Its expanded smart home lineup included displays, cameras, thermostats, locks and speakers.

Another major release was the iPhone Duo, which started shipping in late October. The company also highlighted the iPhone 18 Pro and iPhone 18 Pro Max.

Since these products launched after September 26, their sales are not included in the latest results. Their contribution will appear in Apple’s upcoming financial reports.

CEO Highlights Strong Annual Performance

Apple CEO John Ternus described the September quarter as a record period. He highlighted strong iPhone sales and record Services revenue.

He also described fiscal year 2026 as the company’s strongest year so far. Ternus pointed to the latest devices and new Siri AI features.

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According to him, these launches could support the company’s performance during the holiday season. Apple’s next earnings report will show their impact on revenue and sales.