Apple Reports Fourth Straight Quarter of $100 Billion+ Revenue

Apple’s revenues in its third fiscal quarter of 2026 grew 16% YoY, reaching a June-quarter record of $109 billion. This was also the fourth consecutive quarter in which the company reported revenues of more than $100 billion.

Both hardware (17% YoY) and services (16% YoY) grew in double digits. Revenues in every geographic segment grew in double digits, setting a June quarter record. iPhone revenues grew 22% YoY. For the June quarter, iPhone revenue crossed $50 billion for the first time. Mac revenues grew 29% YoY, delivering a June quarter record.

iPad was the only segment where revenues declined year on year due to a difficult comparison to last year's growth. Wearables, Home and Accessories revenue grew 6% YoY, driven by growth across Apple Watch, AirPods and accessories. Apple Watch revenues also grew, driven by shipment growth and record upgraders. However, ASPs declined due to the contribution of the SE series.

“Today, Apple is proud to report our strongest June quarter ever, with double-digit revenue growth across iPhone, Mac and Services, and in every geographic segment,” said Tim Cook, Apple’s CEO. “At WWDC26, we were thrilled to introduce the all-new Siri AI, alongside all of Apple’s latest software innovations and important new child safety features.”

Apple’s board of directors has declared a cash dividend of $0.27 per share of the Company’s common stock. The dividend is payable on August 13, 2026, to shareholders of record as of the close of business on August 10, 2026.

“We are very pleased with our record business performance during the quarter, which set new June quarter records for both EPS and operating cash flow,” said Kevan Parekh, Apple’s CFO. “Our installed base of active devices also reached a new all-time high across all major product categories and geographic segments.”