Apple reports results for its third fiscal quarter of 2026 (the June quarter), posting quarterly revenue of $109.4 billion, an increase of about 16% year over year and a record for the June quarter. Net profit is $29.8 billion, and diluted earnings per share (EPS) is $2.02, up from $1.57 in the year-ago quarter. Gross margin is 50.1%, compared with 46.5% a year earlier.
Apple reports double-digit growth in several business areas. iPhone revenue is $54.3 billion, up 21.7% year over year and representing about 49.6% of total revenue. Services revenue is $30.7 billion, up about 12.1%, and accounts for about 28.1% of total revenue. Mac revenue is $10.4 billion, up from $8.0 billion. iPad revenue is $6.2 billion, down from $6.6 billion.
The company also declares a quarterly cash dividend of $0.27 per share, payable August 13 to shareholders of record August 10. Reports note higher research and development spending and reference offsetting factors such as tariff-related impacts. Multiple outlets also describe this quarter as the last full one for CEO Tim Cook.