Apple reports fiscal second-quarter revenue of $111.2 billion, up 17 percent

On April 30, 2026, Apple reported results for its fiscal second quarter ended March 28, 2026. Net income for the quarter was $29,578 million, compared with $24,780 million a year earlier.

Apple said iPhone revenue and diluted earnings per share set March quarter records. iPhone revenue was $56,994 million, up from $46,841 million, and Services revenue was $30,976 million, up from $26,645 million. Tim Cook, Apple's CEO, said the quarter included the addition of the iPhone 17e and the M4-powered iPad Air, along with the launch of MacBook Neo.

Kevan Parekh, Apple's CFO, said the quarter generated over $28 billion in operating cash flow.

The board of directors declared a cash dividend of $0.27 per share, an increase of 4 percent. The dividend is payable May 14, 2026, to shareholders of record at the close of business on May 11, 2026. The board also authorized an additional program to repurchase up to $100 billion of the company's common stock.