Apple has posted its strongest March quarter to date, reporting $111.2 billion in revenue for the second quarter of fiscal 2026, a 17 percent increase year over year. The company also delivered diluted earnings per share of $2.01, up 22 percent compared to the same period last year.
The record-setting quarter was driven by strong performance across all major product categories and regions. According to CEO Tim Cook, demand for the latest iPhone lineup played a key role, with the iPhone 17 series achieving a new March quarter revenue record. Apple also highlighted continued momentum in its Services segment, which reached a new all-time high in revenue.
During the quarter, Apple expanded its product portfolio with several new launches, including the iPhone 17e, the M4-powered iPad Air, and the new MacBook Neo. These additions contributed to what the company described as its “strongest lineup ever.”
Chief Financial Officer Kevan Parekh said Apple generated more than $28 billion in operating cash flow during the quarter, setting new March quarter records for both operating cash flow and earnings per share. He added that sustained customer demand helped push Apple’s installed base of active devices to a new all-time high across all product categories and regions.
In addition to its financial results, Apple announced a 4 percent increase in its quarterly dividend, raising it to $0.27 per share. The dividend will be paid on May 14, 2026, to shareholders of record as of May 11, 2026. The company’s board also approved a new stock repurchase program of up to $100 billion.
Apple said a replay of its earnings call will be available for approximately two weeks following the live webcast.
The latest results reinforce Apple’s continued growth trajectory, supported by strong hardware sales, expanding services revenue, and a growing global user base.
Source: Apple newsroom
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