Apple Inc.
Q2 2025 Earnings
Market Reaction
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.
- 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
AAPL Revenue by Segment
AAPL Revenue by Geography
Figures from SEC filings and company reports. Not investment advice.