Apple’s 1Q 2026: Record $42.1B Profit on $143.8B Revenue
Apple has reported astounding financial results for the first quarter of its fiscal year 2026, which overlaps with the final quarter of 2025. The tech giant achieved a record revenue of $143.8 billion alongside a net profit of $42.1 billion, translating to $2.84 per diluted share. This marks a significant improvement from the prior year’s figures of $124.3 billion in revenue and a profit of $36.3 billion, or $2.40 per diluted share.
Record Performance Highlights
Apple’s financial quarter displayed remarkable growth across key performance indicators:
- Total revenue increased by 16% year-over-year.
- Net profit rose by 16%.
- Earnings per share surged by 19%.
- Gross margin reached 48.2%, up from 46.9% the previous year.
Notably, Apple shattered its previous records for revenue, earnings per share, iPhone revenue, and services revenue. Tim Cook, Apple’s CEO, highlighted the exceptional demand for the iPhone, noting it was Apple’s best-ever quarter in that category.
Geographic Revenue Growth
The geographical segment performance was impressive, particularly in:
- Greater China: Up 37.9%
- Europe: Up 12.7%
- Americas: Up 11.2%
- Japan: Up 4.7%
- Rest of Asia Pacific: Up 18.0%
Upcoming Projections
Looking forward to the second fiscal quarter, Apple anticipates revenue growth of 13% to 16%, with gross margins between 48% and 49%. Tim Cook expressed optimism about the installed base, which has surpassed 2.5 billion active devices, as a solid foundation for future growth.
Dividend Announcement
In a show of commitment to shareholders, Apple announced a quarterly dividend of $0.26 per share, set to be paid on February 12 to those on record by February 9.
Apple’s Diverse Revenue Streams
The growth was driven by a significant uptick in various categories, with key figures as follows:
- iPhone revenue soared to $85.3 billion, a 23.3% year-over-year increase.
- Services revenue hit an all-time high of $30 billion, up 14% from the previous year.
- iPad revenue rose by 6.3% to $8.6 billion.
- Mac revenue slightly declined by 6.7% to $8.4 billion.
- Wearables, Home, and Accessories generated $11.5 billion, down 2%.
The services sector showed impressive growth figures, especially in advertising, music, and payment services. Apple Music experienced record listener figures, while the App Store achieved remarkable revenue levels.
Conclusion
Apple continues to demonstrate resilience and innovation, solidifying its position as a leader in the technology landscape. The company’s strategic investments and expanding service offerings set the stage for sustained growth, further driving market competition. For the latest updates on Apple and more, visit Filmogaz.com.
