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Apple Inc. reported fiscal Q1 2026 results for the quarter ended December 27, 2025, filing an 8-K on January 29, 2026 under Item 2.02. The company set all-time records for total revenue, EPS, iPhone revenue, and Services revenue. Total net sales reached $143.8 billion, up 16% YoY, with diluted EPS of $2.84, up 19% YoY.

• Total net sales: $143,756M vs. $124,300M prior year, +16% YoY
• Products revenue: $113,743M vs. $97,960M, +16% YoY
• Services revenue: $30,013M vs. $26,340M, +14% YoY
• Gross margin: $69,231M vs. $58,275M; gross margin rate: ~48.2% vs. ~46.9% YoY
• Operating income: $50,852M vs. $42,832M, +19% YoY; operating margin: ~35.4% vs. ~34.5%
• Net income: $42,097M vs. $36,330M, +16% YoY
• Diluted EPS: $2.84 vs. $2.40, +19% YoY; Basic EPS: $2.85 vs. $2.41, +18% YoY
• Cash generated by operating activities: $53,925M vs. $29,935M, +80% YoY
• R&D expense: $10,887M vs. $8,268M, +32% YoY
• SG&A expense: $7,492M vs. $7,175M, +4% YoY

• Americas: $58,529M vs. $52,648M, +11% YoY
• Europe: $38,146M vs. $33,861M, +13% YoY
• Greater China: $25,526M vs. $18,513M, +38% YoY
• Japan: $9,413M vs. $8,987M, +5% YoY
• Rest of Asia Pacific: $12,142M vs. $10,291M, +18% YoY
• iPhone: $85,269M vs. $69,138M, +23% YoY (all-time record)
• Mac: $8,386M vs. $8,987M, -7% YoY
• iPad: $8,595M vs. $8,088M, +6% YoY
• Wearables, Home and Accessories: $11,493M vs. $11,747M, -2% YoY
• Services: $30,013M vs. $26,340M, +14% YoY (all-time record)

• Cash and cash equivalents: $45,317M as of December 27, 2025, vs. $35,934M as of September 27, 2025
• Marketable securities (current + non-current): $99,478M ($21,590M current + $77,888M non-current) vs. $96,486M at prior fiscal year-end
• Total term debt (current + non-current): $88,512M vs. $90,678M at prior fiscal year-end
• Commercial paper: $1,997M vs. $7,979M at prior fiscal year-end
• Repurchases of common stock: $24,701M in Q1 2026 vs. $23,606M in Q1 2025
• Dividends and dividend equivalents paid: $3,921M in Q1 2026 vs. $3,856M in Q1 2025
• Board declared cash dividend of $0.26 per share, payable February 12, 2026, to shareholders of record as of February 9, 2026
• Total returned to shareholders: ~$32 billion during the quarter
• Shares outstanding: 14,702,703 thousand vs. 14,773,260 thousand at prior fiscal year-end, reflecting ongoing buyback activity

• "Today, Apple is proud to report a remarkable, record-breaking quarter, with revenue of $143.8 billion, up 16 percent from a year ago and well above our expectations. iPhone had its best-ever quarter driven by unprecedented demand, with all-time records across every geographic segment, and Services also achieved an all-time revenue record, up 14 percent from a year ago." — Tim Cook, CEO
• "During the December quarter, our record business performance and strong margins led to EPS growth of 19 percent, setting a new all-time EPS record. These exceptionally strong results generated nearly $54 billion in operating cash flow, allowing us to return almost $32 billion to shareholders." — Kevan Parekh, CFO

- No specific quantitative forward guidance for Q2 2026 or full-year fiscal 2026 was provided in the press release.