AAPL Q4 FY2026 earnings: EPS beat by 3.0%, revenue beat by 0.9%
Apple Inc. reported Q4 FY2026. EPS came in at $2.05 against a $1.99 consensus, beat by 3.0%. Revenue was $114.5B versus $113.4B expected, beat by 0.9%. Gross margin was 47.9%, down 220 bps from last quarter.
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The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $2.05 | $1.99 | beat by 3.0% |
| Revenue | $114.5B | $113.4B | beat by 0.9% |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $114.5B | +4.6% | +11.7% |
| Gross profit | $54.8B | +0.1% | +13.4% |
| Operating income | $35.6B | -0.2% | +9.9% |
| Net income | $30.7B | +3.1% | +11.8% |
| Diluted EPS | $2.10 | +4.0% | +13.5% |
| Gross margin: 47.9%. |
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The trend
Revenue is up 11.7% from the same quarter last year. Gross margin sits at 47.9%, 220 bps off its 8-quarter high.
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How it stacks up
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