Apple today announced financial results for its fiscal 2026 first quarter ended December 27, 2025, delivering a powerhouse performance that blew past expectations.
The company posted an incredible quarterly revenue of $143.8 billion US, representing a 16% increase year over year. The bottom line was equally impressive, with diluted earnings per share hitting $2.84, up 19% from the $2.40 reported in the same period last year.
The record-breaking quarter was fueled primarily by the iPhone, which generated $85.3 billion in revenue. Good job upgrading, everybody.
“Today, Apple is proud to report a remarkable, record-breaking quarter, with revenue of $143.8 billion, up 16 percent from a year ago and well above our expectations,” said Tim Cook, Apple’s CEO. He further noted that the “iPhone had its best-ever quarter driven by unprecedented demand, with all-time records across every geographic segment.”
The Services division also continued its aggressive growth trajectory, bringing in $30.0 billion, a 14% jump from the $26.3 billion reported in the prior year. Cook highlighted that the company’s installed base has now surpassed 2.5 billion active devices.
Apple’s financial efficiency was on full display as the company generated $53.9 billion in operating cash flow during the three-month period. “During the December quarter, our record business performance and strong margins led to EPS growth of 19 percent, setting a new all-time EPS record,” said Kevan Parekh, Apple’s CFO. This massive influx of cash allowed the tech giant to return nearly $32 billion to shareholders.
Geographically, Apple saw growth across almost all reportable segments. Greater China showed a particularly significant surge, with revenue climbing to $25.5 billion compared to $18.5 billion a year ago. While the Mac and Wearables, Home and Accessories categories saw slight year-over-year dips to $8.4 billion and $11.5 billion respectively, the iPad grew to $8.6 billion.
Following these results, Apple’s board of directors declared a cash dividend of $0.26 per share of the company’s common stock. Apple is just printing money at this point–that was one huge quarter.
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Not really surprising, but still crazy to see Apple pulling in numbers like that over the holidays.