Apple Inc. 8-K
PositiveEarnings
Record iPhone revenue and an all-time Services high drove 12% Y/Y sales growth; tariff refunds lifted gross margin.
Filed 2026-11-02 16:30 ET
- 2.02 Results of Operations
- 9.01 Financial Statements and Exhibits
Summary
Q4 FY2026 results. Record iPhone revenue and an all-time high in Services helped lift September-quarter revenue 12% Y/Y; Apple also reported an all-time high in its active-device installed base across major product categories and geographic segments.
Key Figures
| Metric | Q4 2026 | FY2026 |
|---|---|---|
| Revenue | $114B, +12% Y/Y | $479B, +15% Y/Y |
| Gross margin | 47.9%, vs 47.2% | 48.8%, vs 46.9% |
| Operating income | $35.6B, +9.9% Y/Y | $158B, +19% Y/Y |
| Net income | $30.7B, +12% Y/Y | $132B, +18% Y/Y |
| Diluted EPS | $2.10, +14% Y/Y | $8.98, +20% Y/Y |
| Operating cash flow | $28B | $145B, +30% Y/Y |
- Q4 category revenue: iPhone $57.6B, +17% Y/Y; Services $31.6B, +10%; Mac $10.8B, +24%. iPad revenue fell 10% Y/Y to $6.23B, and Wearables, Home and Accessories fell 8% to $8.30B.
- Tariff refunds contributed ≈1 percentage point to Q4 gross margin and $0.05 to diluted EPS.
- Q4 operating cash flow of $28B accompanied $28B returned to shareholders. FY repurchases were $86.4B vs $90.7B; dividends paid were $15.7B vs $15.4B. Issued and outstanding shares fell 1.6% Y/Y to 14.5B. The board declared a $0.27-per-share dividend payable 11/16/2026 to holders of record on 11/12/2026.
Guidance
No guidance in this filing.
Investor Takeaways
- Holiday-quarter iPhone and Services revenue will test whether September’s records carry forward. Apple pointed to the iPhone Duo, iPhone 18 Pro and Pro Max, new home hardware, Touch for Mac and all-new Siri AI as its lineup for the holiday season.
The summary is written by an AI model reading the filing.
Model 005 · prompt v173 · 2026-11-02 23:33:23Z