Apple Inc. 8-K
PositiveEarnings
Strong iPhone 17 demand drove record March-quarter iPhone sales; Services reached an all-time high.
Filed 2026-04-30 16:30 ET
- 2.02 Results of Operations
- 9.01 Financial Statements and Exhibits
Summary
Q2 FY2026 results. Revenue rose 17% Y/Y to a March-quarter record, with double-digit growth across geographic segments; iPhone revenue set a March-quarter record on strong iPhone 17 demand, and Services reached an all-time high. Diluted EPS increased 22% Y/Y.
Key Figures
| Metric | Q2 2026 | Q2 2025 | Y/Y |
|---|---|---|---|
| Revenue | $111B | $95.4B | 17% |
| Operating income | $35.9B | $29.6B | 21.9% |
| Net income | $29.6B | $24.8B | 19.4% |
| Diluted EPS | $2.01 | $1.65 | 22% |
| Operating cash flow | >$28B | — | — |
- iPhone revenue was $57.0B vs $46.8B (+21.7%); Services revenue was $31.0B vs $26.6B (+16.3%). Apple cited strong demand for the iPhone 17 lineup.
- YTD operating cash flow was $82.6B vs $53.9B (+53.3%). YTD common-stock repurchases were $37.0B vs $49.5B; shares outstanding fell 0.7%, to 14.7B from 14.8B.
- Cash and cash equivalents were $45.6B at quarter-end vs $35.9B at FY2025 year-end; debt carrying value, including commercial paper and term debt, was $84.7B vs $98.7B. The board raised the quarterly dividend 4% to $0.27 per share, payable 5/14/2026 to holders of record 5/11/2026, and authorized up to $100B in additional repurchases.
Guidance
No guidance in this filing.
Investor Takeaways
- Next-quarter iPhone demand and Services growth will show whether the Q2 records and growth continue.
The summary is written by an AI model reading the filing.
Model 005 · prompt 01d34d48e3