SAN FRANCISCO - Apple on Thursday reported revenue of $109.42 billion for its fiscal 2026 third quarter that ended on June 27, up 16 percent year over year, setting a record for a June quarter.
The company posted quarterly net income of $29.79 billion, up 27 percent from $23.43 billion in the same period last year. Diluted earnings per share rose 29 percent to $2.02 from $1.57, including a favorable impact of $0.11 from tariff refunds.
Apple's quarterly gross margin stood at 50.1 percent, including a favorable impact of approximately 2 percentage points from tariff refunds.
Sales of iPhone increased 22 percent year over year to $54.25 billion, while Mac sales rose 29 percent to $10.35 billion. Sales of iPad declined 6 percent to $6.19 billion.
Sales of wearables, home and accessories products increased to $7.88 billion from $7.40 billion a year earlier. Services revenue rose 12 percent to a June-quarter record of $30.74 billion.
