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Apple reports record-breaking Q1 2026 earnings: $143.7 billion in revenue, up 16%

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Apple just had its biggest fiscal quarter ever, delivering on the promise it made last October during the Q4 2025 earnings call.

In the quarter ended December 27, 2025, the company reported $143.7 billion in revenue, $42.09 in net profit, and $2.84 in earnings per share. Here’s the full breakdown.

Apple posts best fiscal quarter ever

Last October, during Apple’s Q4 2025 earnings call, Tim Cook sounded very confident about what the market could expect from the company’s fiscal Q1 2026:

“We expect total company revenue to grow by 10 to 12% year over year, we expect iPhone revenue to grow double digits, year over year, and we expect that that would make the December quarter the best ever in the history of the company.”

Today, Apple delivered on that promise. While the market was expecting earnings per share of $2.68 on revenue of $138.4 billion, according to Bloomberg consensus estimates, Apple posted:

Total revenue: $143.7 billion

Net profit: $42.09 billion

Earnings per share: $2.84

iPhone revenue: $85.27 billion

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