Apple Reports Record Q4 FY26 Revenue of $114.5B and Declares Dividend

Apple Inc. (AAPL) Q4 Fiscal 2026 Earnings Summary

Overview of Results

On November 2, 2026, Apple Inc. filed Form 8-K reporting financial results under Item 2.02 for its fourth fiscal quarter ended September 26, 2026.

Key Financial Metrics

• Total Net Sales: $114.48 billion, representing a 12% year-over-year increase compared to $102.47 billion in Q4 FY2025.
  • Products Revenue: $82.90 billion (up from $73.72 billion in Q4 FY2025).
  • Services Revenue: $31.57 billion, marking a new all-time quarterly record (up from $28.75 billion in Q4 FY2025).
• Gross Margin: 47.9% ($54.82 billion), which includes an approximate 1 percentage point favorable impact from tariff refunds.
• Operating Income: $35.63 billion, up 9.9% from $32.43 billion in the prior-year period.
• Net Income: $30.71 billion, compared to $27.47 billion in Q4 FY2025.
• Diluted Earnings Per Share (EPS): $2.10, an increase of 14% year-over-year (including a $0.05 per share positive impact from tariff refunds).

Full-Year Fiscal 2026 Performance

• Total Annual Revenue: $478.83 billion, an all-time record, compared to $416.16 billion in FY2025.
• Annual Net Income: $132.18 billion ($8.98 diluted EPS) versus $112.01 billion ($7.46 diluted EPS) in FY2025.

Capital Return and Dividend

• Operating Cash Flow: $28 billion generated during the quarter.
• Shareholder Return: Returned $28 billion to shareholders in Q4.
• Quarterly Cash Dividend: Declared at $0.27 per common share, payable on November 16, 2026, to shareholders of record as of November 12, 2026.