Apple reported quarterly revenue of $109.4 billion for the third quarter of its fiscal year 2026, which ended on June 27. The company’s financial results were released early Friday, showing an increase from the $94 billion recorded in the prior-year quarter.
The revenue figure represents a year-over-year increase of approximately 16%, though some sources specify the growth at 16.4%. This performance marks what Apple CEO Tim Cook described as the company’s strongest June quarter ever.
Product and Regional Performance
Apple achieved double-digit revenue growth across the iPhone, Mac, and Services categories in every geographic segment. iPhone sales rose 21.7% to $54.3 billion, while Mac sales increased 28.7% to $10.4 billion. In contrast, iPad sales decreased 5.9% to $6.2 billion.
The company stated that its installed base of active devices reached a new all-time high across all major product categories and geographic segments. This growth occurred alongside the introduction of the all-new Siri AI, latest software innovations, and new child safety features announced at the Worldwide Developers Conference (WWDC26).
Profitability and Shareholder Returns
Net income increased 27.1% year over year to $29.8 billion, up from $23.4 billion in the same period last year. Earnings per share rose from $1.57 to $2.02. Apple CFO Kevan Parekh noted that the company set new June quarter records for both earnings per share and operating cash flow.
Apple’s board of directors declared a cash dividend of $0.27 per share of the company’s common stock.