Companies /Technology
Apple Inc.
NASDAQ: AAPL Consumer Electronics
$341.90
▼ $1.57 (−0.46%) today
Markets open · 12:49pm ET

Apple (AAPL) Q3 2025 Earnings

Reported Jul 31, 2025, 4:30pm ET · SEC source
$1.57
Beat +10.12%
EPS · est. $1.43
$94.0B
Beat +5.47%
Revenue · est. $89.2B
+14.3%
Beating market
AAPL vs S&P since report
10 quarters
Consecutive EPS beats

How Did AAPL Stock React to Q3 2025 Earnings?

% change · around the report
−4%−2%0Jul 31Aug 1report 4:30pm ETearnings−1.7%−4.3%
−4%−2%0Jul 31Aug 1earnings−1.7%−4.3%
AAPL −4.3%S&P 500 −1.7%
−4%−2%0Jul 31Aug 1report 4:30pm ETearnings−2.1%−4.3%
−4%−2%0Jul 31Aug 1earnings−2.1%−4.3%
AAPL −4.3%NASDAQ −2.1%
−4%0+4%+8%Jul 30Aug 8report 4:30pm ETearnings+1.0%+9.3%
−4%0+4%+8%Jul 30Aug 8earnings+1.0%+9.3%
AAPL +9.3%S&P 500 +1.0%
−4%0+4%+8%Jul 30Aug 8report 4:30pm ETearnings+2.0%+9.3%
−4%0+4%+8%Jul 30Aug 8earnings+2.0%+9.3%
AAPL +9.3%NASDAQ +2.0%
−2.50%
Day of report
+0.48%
Next session
+13.33%
One week
+17.83%
30 days

S&P 500 over the same 30 days: +3.54%.

Did AAPL Beat Earnings? Q3 2025 Results

Yes. Apple reported Q3 2025 earnings of $1.57 a share on Jul 31, 2025, beating the $1.43 consensus estimate by 10.1%. Revenue was $94.0B against a $89.2B estimate.

Apple delivered a strong fiscal third quarter, posting diluted EPS of $1.57 against a consensus estimate of $1.43, a beat of 9.79%, as revenue climbed 9.6% year over year to $94.04 billion. The headline driver was a resurgent iPhone business, which generated $44.58 billion compared to $39.30 billion in the year-ago period, anchoring broader product revenue of $66.61 billion. Services continued its upward trajectory, reaching $27.42 billion versus $24.21 billion a year ago, with the company citing an expanded installed base of active devices across all product categories and geographies as a key tailwind. Gross margin widened to $43.72 billion from $39.68 billion, while net income rose to $23.43 billion from $21.45 billion. Growth was broad-based geographically, with the Americas leading at $41.20 billion and Greater China recovering to $15.37 billion from $14.73 billion. CEO Tim Cook pointed to expanded Apple Intelligence features as a strategic priority, underscoring the company's deepening push into AI integration across its software platforms.

Key Takeaways
  • Double-digit growth in iPhone, Mac, and Services
  • Growth across all five geographic segments
  • All-time high installed base of active devices across all product categories and geographic segments
  • Very high levels of customer satisfaction and loyalty

“Today Apple is proud to report a June quarter revenue record with double-digit growth in iPhone, Mac and Services and growth around the world, in every geographic segment. At WWDC25, we were excited to introduce a beautiful new software design that extends across all of our platforms, and we announced even more great Apple Intelligence features.”

Apple CEO, on the earnings call

AAPL YoY Financials

Q3 2025 vs Q3 2024 · SEC filings Q3 2024 Q3 2025
$0$30.0B$60.0B$90.0B$85.8B$94.0BRevenue$39.7B$43.7BGross Profit$25.4B$28.2BOperating Income$21.4B$23.4BNet Income
$0$30.0B$60.0B$90.0BRevenueGross ProfitOperating IncomeNet Income
AAPL income statement, Q3 2025 versus Q3 2024
Metric Q3 2025 Q3 2024 Year over year
Revenue $94.0B $85.8B +9.6%
Gross Profit $43.7B $39.7B +10.2%
Operating Income $28.2B $25.4B +11.2%
Net Income $23.4B $21.4B +9.3%

AAPL Revenue by Segment

iPhone$44.6B
Services$27.4B
Wearables, Home and Accessories$7.4B
Mac$8.0B
iPad$6.6B

AAPL Revenue by Geography

Americas$41.2B
Europe$24.0B
Greater China$15.4B
Rest of Asia Pacific
Rest of World
Japan$5.8B
Asia Pacific$7.7B

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