Apple Inc. 8-K
PositiveEarnings
Record iPhone demand across regions and record Services revenue powered record quarterly revenue and EPS.
Filed 2026-01-29 16:30 ET
- 2.02 Results of Operations
- 9.01 Financial Statements and Exhibits
Summary
Q1 FY2026 results: Apple posted record revenue and diluted EPS for the quarter ended 12/27/2025. iPhone had its best-ever quarter, and Services reached a revenue record; Apple also reported more than 2.5B active devices.
Key Figures
| Metric | Q1 FY2026 | Q1 FY2025 | Y/Y |
|---|---|---|---|
| Revenue | $143.8B | $124.3B | 15.6% |
| Operating income | $50.9B | $42.8B | 18.7% |
| Net income | $42.1B | $36.3B | 15.9% |
| Diluted EPS | $2.84 | $2.40 | 18.3% |
| Operating cash flow | $53.9B | $29.9B | 80.1% |
| Free cash flow (operating cash flow less capital expenditures) | $51.6B | $27.0B | 91.0% |
- iPhone revenue was $85.3B vs $69.1B; Services revenue was $30.0B vs $26.3B, up 14% as reported. Apple cited record iPhone demand across geographic segments and record Services revenue.
- Apple returned nearly $32B to shareholders. Share repurchases were $24.7B vs $23.6B; shares outstanding fell from 14.773B at 9/27/2025 to 14.703B at 12/27/2025. The board declared a $0.26-per-share dividend, payable 2/12/2026 to holders of record 2/9/2026.
- Cash and cash equivalents were $45.3B vs $35.9B at 9/27/2025. Term debt plus commercial paper was $90.5B vs $98.7B.
Guidance
No guidance in this filing.
Investor Takeaways
- Next-quarter iPhone and Services results will show whether the record demand and Services momentum continue.
The summary is written by an AI model reading the filing.
Model 005 · prompt 01d34d48e3