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Apple Q4 revenue up 12% to $114.5b as services hit record

Apple reported fiscal fourth-quarter revenue of US$114.5 billion for the period ended September 26, 2026, up 12% from a year earlier.

Diluted earnings per share was US$2.10, including a US$0.05 benefit from tariff refunds.

The company said services revenue reached a record high. Gross margin was 47.9%, and tariff refunds added about one percentage point to that margin.

An estimate put Apple’s tariff refunds at US$2.2 billion during the quarter.

Apple’s release did not say whether the benefit would recur.

For fiscal 2026, Apple said revenue totaled a record US$479 billion.

🔗 Source: Apple

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