Apple posted Q1 2026 revenue of $143.8 billion, with a staggering $85 billion in iPhone sales.
In summary:
Apple achieved record Q1 2026 revenue of $143.8 billion with iPhone sales hitting an all-time high of $85 billion, according to Macworld.
Services revenue grew 15% while the company now operates 2.5 billion active devices globally, demonstrating Apple’s expanding ecosystem reach.
Despite supply constraints expected in Q2 2026, Apple projects 13-16% revenue growth, signaling continued strong market demand.
Apple held its first quarter 2026 financial results on Thursday, and the company posted revenue of $143.8 billion, a 16 percent year-over-year increase, and quarterly diluted earnings per share of $2.84, up 19 percent, with $42 billion in profit. Apple’s previous all-time record quarter was exactly a year ago.
Analysts had projected Apple’s revenue at $138.48 billion, with an earnings per share of $2.67, so this was a substantial beat. Apple’s board of directors has declared a cash dividend of $0.26 per share. The dividend is payable on February 12, 2026, to shareholders of record as of the close of business on February 9, 2026.
The iPhone had its best quarter ever, with $85 billion, beating the previous record of $71.
