Apple has announced its financial results for the third fiscal quarter of 2025, ending on June 28, 2025. The company reported a new quarterly revenue record of $94.0 billion, a 10% increase year-over-year. Diluted earnings per share (EPS) also saw a significant rise, up 12% year-over-year to $1.57.
According to Apple CEO Tim Cook, the company achieved double-digit growth in iPhone, Mac, and Services, with growth in all geographic segments globally. Cook also highlighted the company’s excitement over the “beautiful new software design” and new Apple Intelligence features announced at WWDC25.
Here is how the company did this quarter vs industry estimates:
- Earnings per share: $1.57 vs. $1.43 expected
- Revenue: $94.04 billion vs. $89.53 billion expected
- iPhone revenue: $44.58 billion vs. $40.22 billion expected
- Mac revenue: $8.05 billion vs. $7.26 billion expected
- iPad revenue: $6.58 billion vs. $7.24 billion expected
- Other Products revenue: $7.40 billion vs. $7.82 billion expected
- Services revenue. $27.42 billion vs. $26.80 billion expected
- Gross margin: 46.5% vs. 45.9% expected
Kevan Parekh, Apple’s CFO, stated that the company is “very pleased” with the record performance, which led to a 12% increase in EPS. He also noted that the installed base of active devices reached an all-time high across all product categories and regions, attributed to high levels of customer satisfaction and loyalty.
Apple’s board of directors has declared a cash dividend of $0.26 per share, payable to shareholders of record as of the close of business on August 11, 2025, with a payment date of August 14, 2025.
The comapny is scheduled to hold it’s Q3 2025 financial results conference call beginning at 2:00 p.m. PT / 5:00 ET. You can listen to the call on Apple’s investors website.