Breaking News: Apple reports Q2-26 earnings results with $111.18 billion in revenue
However, iPhone revenue came in at $56.99 billion, missing estimates of $57.21 billion. The company saw strong performance in Services, which hit $30.98 billion (vs. $30.39B est.), Mac at $8.4 billion (vs. $8.02B est.), and Other Products at $7.9 billion (vs. $7.7B est.). iPad revenue was $6.91 billion, exceeding the $6.66 billion estimate.
Top Line Financials
Revenue: $111.18 billion (vs. $109.66B estimated)
EPS: $2.01 (vs. $1.95 estimated)
Gross Margin: 49.3% (vs. 48.4% estimated)
Product Revenue vs. Estimates
iPhone: $56.99 billion (vs. $57.21B estimated) MISS
Services: $30.98 billion (vs. $30.39B estimated) BEAT
Wearables, Home, & Accessories: $7.9 billion (vs. $7.7B estimated) BEAT
iPad: $6.91 billion (vs. $6.66B estimated) BEAT
Mac: $8.4 billion (vs. $8.02B estimated) BEAT