CUPERTINO, Calif. - Apple has reported a September quarter revenue record of US$114.5 billion, up 12 per cent year over year, for its fiscal 2026 fourth quarter ended September 26, 2026.
Company gross margin was 47.9 per cent, including a favourable impact of approximately 1 percentage point from tariff refunds. Diluted earnings per share was US$2.10, up 14 per cent year over year, and included a favourable impact of US$0.05 from tariff refunds.
“Today, Apple is proud to report a September quarter revenue record of US$114.5 billion, up 12 per cent from a year ago, with iPhone reaching a September quarter record and Services reaching an all-time high, capping off our best fiscal year ever,” said John Ternus, Apple’s CEO. “We’re closing the year with our most ambitious line-up yet. That includes the iPhone Duo, the most transformational iPhone since the original, alongside iPhone 18 Pro and iPhone 18 Pro Max, our most powerful iPhones yet. We also just introduced a whole new generation of hardware for the home and brought Touch to Mac for the first time. Together with the all-new Siri AI, it’s an incredible line-up to carry us into the holiday season.”
Chief Financial Officer Kevan Parekh said the record September quarter capped a strong fiscal 2026, with all-time record revenue of US$479 billion and double-digit earnings-per-share growth. Apple generated US$28 billion in operating cash flow during the quarter and returned US$28 billion to shareholders, he said, and the installed base of active devices reached a new all-time high across all major product categories and geographic segments.
Apple’s board has declared a cash dividend of US$0.27 per share, payable on November 16, 2026, to shareholders of record as of the close of business on November 12, 2026.
For Surrey shoppers, the timing matters: the results land just as the holiday buying season begins, when new iPhones and Apple’s services subscriptions are high on many family shopping lists. The tariff-refund detail is also worth noting in plain terms: part of this quarter’s margin improvement came from refunds of tariffs Apple had previously paid, not from sales alone, so the headline growth and the underlying sales growth are not quite the same thing.
(Source: Apple Newsroom release, November 3, 2026)
