Companies /Technology

Apple Inc.

NASDAQ: AAPL Consumer Electronics
$314.58
â–² $1.13 (+0.36%) today
Markets closed · 4:39am ET

Q2 2025 Earnings

Reported May 1, 2025, 4:30pm ET · SEC source
$1.65
Beat +2.37%
EPS · est. $1.61
$95.4B
Beat +1.20%
Revenue · est. $94.2B
−6.4%
Trailing market
AAPL vs S&P since report
10 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−2%0+2%May 1May 2report 4:30pm ETearnings+1.7%−1.6%
−2%0+2%May 1May 2earnings+1.7%−1.6%
AAPL −1.6%S&P 500 +1.7%
−2%0+2%May 1May 2report 4:30pm ETearnings+1.9%−1.6%
−2%0+2%May 1May 2earnings+1.9%−1.6%
AAPL −1.6%NASDAQ +1.9%
−6%−3%0+3%Apr 30May 9report 4:30pm ETearnings+1.4%−4.5%
−6%−3%0+3%Apr 30May 9earnings+1.4%−4.5%
AAPL −4.5%S&P 500 +1.4%
−6%−3%0+3%Apr 30May 9report 4:30pm ETearnings+1.9%−4.5%
−6%−3%0+3%Apr 30May 9earnings+1.9%−4.5%
AAPL −4.5%NASDAQ +1.9%
−3.74%
Day of report
−3.15%
Next session
−3.32%
One week
−1.23%
30 days

S&P 500 over the same 30 days: +5.15%.

Did AAPL Beat Earnings? Q2 2025 Results

Apple delivered a solid fiscal second quarter, posting earnings per share of $1.65 against a Wall Street consensus of $1.62, a beat of 1.85%, while revenue climbed 5.1% year over year to $95.36 billion. The standout driver was Services, which reached a new quarterly revenue high of $26.64 billion, up from $23.87 billion a year earlier, providing the high-margin lift that helped push gross profit to $44.87 billion and net income to $24.78 billion from $23.64 billion. Products revenue of $68.71 billion held steady, anchored by iPhone at $46.84 billion, with Mac and iPad both growing, while Wearables slipped to $7.52 billion from $7.91 billion. Geographically, the Americas led at $40.31 billion and Japan showed notable strength at $7.30 billion, though Greater China was essentially flat at $16.00 billion, a region investors continue to watch closely amid an evolving competitive landscape. Apple also raised its quarterly dividend 4% to $0.26 per share and authorized a fresh $100.00 billion buyback, returning $29.00 billion to shareholders during the quarter.

Key Takeaways
  • Double-digit growth in Services revenue reaching a new all-time quarterly high
  • iPhone revenue growth year over year
  • Installed base of active devices reached new all-time high across all product categories and geographic segments
  • High levels of customer loyalty and satisfaction

“Today Apple is reporting strong quarterly results, including double-digit growth in Services. We were happy to welcome iPhone 16e to our lineup, and to introduce powerful new Macs and iPads that take advantage of the extraordinary capabilities of Apple silicon. And we were proud to announce that we've cut our carbon emissions by 60 percent over the past decade.”

Apple CEO, on the earnings call

AAPL YoY Financials

Q2 2025 vs Q2 2024 · SEC filings Q2 2024 Q2 2025
$0$30.0B$60.0B$90.0B$90.7B$95.4BRevenue$42.3B$44.9BGross Profit$27.9B$29.6BOperating Income$23.6B$24.8BNet Income
$0$30.0B$60.0B$90.0BRevenueGross ProfitOperating IncomeNet Income

AAPL Revenue by Segment

iPhone$46.8B
Services$26.6B
Wearables, Home and Accessories$7.5B
Mac$7.9B
iPad$6.4B

AAPL Revenue by Geography

Americas$40.3B
Europe$24.5B
Greater China$16.0B
Rest of Asia Pacific
Rest of World
Japan$7.3B
Asia Pacific$7.3B

Figures from SEC filings and company reports. Not investment advice.