Apple Reports Record Q3: Revenue +16%, EPS +29%, Gross Margin Tops 50%
AAPL sits 58% above its 52-week low of $201.5.
Summary
Apple posted record Q3 FY2026 results with revenue up 16% to $109.4B and EPS up 29% to $2.02, driven by iPhone, Mac, and Services growth. Gross margin exceeded 50%, and the installed base reached a new all-time high.
Key Events · Earnings and Guidance · AAPL
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Record Q3 Revenue and EPS
Revenue of $109.4B (+16% YoY) and diluted EPS of $2.02 (+29% YoY) set new June quarter records, with double-digit growth in iPhone, Mac, and Services.
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Gross Margin Tops 50%
Company gross margin reached 50.1%, including a favorable ~2 percentage point impact from tariff refunds, reflecting strong product mix and pricing power.
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Installed Base Hits All-Time High
Active device installed base reached a new record across all major product categories and geographic segments, underscoring ecosystem stickiness.
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Dividend Declared
Board declared a quarterly cash dividend of $0.27 per share, payable August 13, 2026 to shareholders of record as of August 10, 2026.
Analysis · AAPL · Technology
Apple delivered its strongest June quarter ever, with double-digit growth across iPhone, Mac, and Services, and in every geographic segment. Revenue of $109.4 billion and diluted EPS of $2.02 both set June quarter records, while gross margin reached 50.1% — aided by approximately 2 percentage points from tariff refunds. The installed base hit an all-time high, reinforcing the ecosystem's resilience. Against a backdrop of recent China shipment declines and EU regulatory headwinds, these results demonstrate broad-based demand strength and pricing power, even as the company navigates trade and competitive pressures.
At the time of this filing, AAPL was trading at $317.41 on NASDAQ in the Technology sector, with a market capitalization of approximately $4.9T. The 52-week trading range was $201.50 to $344.57. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.