Apple Posts Record $114.5 Billion Quarterly Revenue on Strong iPhone, Mac and Services Sales

Apple has reported record revenue of $114.5 billion for its fiscal fourth quarter, which ended on September 26, marking a 12% increase over the same period last year. The company attributed the growth to stronger sales across its iPhone, Mac and Services businesses, according to its latest earnings release.

Profitability also improved. Apple recorded a gross margin of 47.9%, while diluted earnings per share rose 14% to $2.10. The company said tariff refunds added $0.05 to earnings per share and contributed one percentage point to the gross margin.

For the full fiscal year, Apple generated record revenue of $478.8 billion, up from $416.2 billion a year earlier. Annual earnings per share also posted double-digit growth, the company said.

The iPhone remained Apple's largest revenue driver, bringing in $57.6 billion during the September quarter, compared with $49 billion in the same period last year. Full-year iPhone revenue reached $254.1 billion, up from $209.6 billion in 2025.

Services held its position as Apple's second-largest category, setting a quarterly record of $31.6 billion, up from $28.8 billion a year earlier. Annual Services revenue climbed to $123.3 billion from $109.2 billion. Mac revenue rose to $10.8 billion from $8.7 billion, overtaking Wearables, Home and Accessories, which declined to $8.3 billion from $9 billion. iPad revenue, meanwhile, slipped to $6.2 billion from $6.9 billion in the prior year.

By region, the Americas remained Apple's largest market with $48.7 billion in quarterly revenue, up from $44.2 billion. Europe followed at $32 billion, up from $28.7 billion, while Greater China contributed $17.5 billion, compared with $14.5 billion a year earlier.