Apple (AAPL) Q3 2026 Earnings
How Did AAPL Stock React to Q3 2026 Earnings?
S&P 500 over the same 30 days: +1.97%.
Did AAPL Beat Earnings? Q3 2026 Results
Yes. Apple reported Q3 2026 earnings of $2.02 a share on Jul 30, 2026, beating the $1.89 consensus estimate by 6.8%. Revenue was $109.4B against a $109.0B estimate.
Apple delivered a strong fiscal third quarter of 2026, posting earnings per share of $2.02 against a Wall Street consensus of $1.89, a 6.80% beat that extended the company's streak of topping EPS estimates to nine consecutive quarters. Revenue climbed 16.4% year over year to $109.42 billion, edging past the $108.96 billion consensus by 0.42%, as iPhone remained the primary growth engine with $54.25 billion in sales compared to $44.58 billion in the year-ago period. The standout driver behind the margin story was a roughly 2-percentage-point benefit to gross margin from tariff refunds, which also contributed an estimated $0.11 to EPS, suggesting that while underlying performance was genuinely robust, one-time tailwinds amplified the headline figures. Services revenue grew to $30.74 billion from $27.42 billion, reinforcing Apple's dual-engine model, and net income rose to $29.79 billion from $23.43 billion. With competition in advanced chip packaging intensifying across the semiconductor landscape, Apple's continued R&D investment of $11.73 billion signals it intends to stay ahead of that curve.
- Double-digit revenue growth across iPhone, Mac, and Services
- Double-digit growth in every geographic segment
- Installed base of active devices reached all-time highs across all major product categories and geographic segments
- Tariff refunds provided approximately 2 percentage point benefit to gross margin and $0.11 benefit to EPS
“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.”
Apple CEO, on the earnings call
AAPL YoY Financials
| Metric | Q3 2026 | Q3 2025 | Year over year |
|---|---|---|---|
| Revenue | $109.4B | $94.0B | +16.4% |
| Gross Profit | $54.8B | $43.7B | +25.3% |
| Operating Income | $35.7B | $28.2B | +26.6% |
| Net Income | $29.8B | $23.4B | +27.1% |
AAPL Revenue by Segment
AAPL Revenue by Geography
When Does Apple Report Next?
Figures from SEC filings and company reports. Not investment advice.