AAPL Q3 FY2026 earnings: EPS beat by 6.9%, revenue in line
Apple Inc. reported Q3 FY2026. EPS came in at $2.02 against a $1.89 consensus, beat by 6.9%. Revenue was $109.4B versus $109.0B expected, in line. Gross margin was 50.1%, up 80 bps from last quarter.
§
The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $2.02 | $1.89 | beat by 6.9% |
| Revenue | $109.4B | $109.0B | in line |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $109.4B | -1.6% | +16.4% |
| Gross profit | $54.8B | -0.0% | +25.3% |
| Operating income | $35.7B | -0.5% | +26.6% |
| Net income | $29.8B | +0.7% | +27.1% |
| Diluted EPS | $2.03 | +1.0% | +29.3% |
| Gross margin: 50.1%. |
§
The trend
Revenue is up 16.4% from the same quarter last year. Gross margin sits at 50.1%, a new high for the period charted.
§
How it stacks up
Pro
This section is part of the Pro report for AAPL.
Subscribe — $49.99/mo →
§
Go deeper on AAPL
The Weekly Semi Engine
The week in semiconductors, in your inbox. Free.
Every Saturday: the tape, the rotation, the prints that mattered, and what the desk is watching next week. No noise.
Get it every Saturday →