Apple reports 16% rise in revenue YoY for Q3 2026
Apple Inc. reported financial results for its fiscal 2026 third quarter ending June 27, 2026, driven by broad international demand and surging device sales. The tech giant achieved a quarterly revenue of $109.4bn, marking a 16% year-over-year increase.
The quarterly profitability was further bolstered by tariff refunds, which provided a boost to both gross margins and per-share earnings. Net income for the quarter reached $29.7bn, up from $23.4bn during the same period in 2025.
Net Income (Q3, 2022–2026)
| Year | Net Income | Year-over-Year (YoY) Change |
| Q3 2022 | $19.40bn | N/A |
| Q3 2023 | $19.90bn | +2.6% |
| Q3 2024 | $21.45bn | +7.8% |
| Q3 2025 | $23.43bn | +9.2% |
| Q3 2026 | $29.79bn | +27.1% |
Apple CEO Tim Cook highlighted the broad-based performance in his statement to investors.
He also pointed to the recent WWDC26 event, where the company debuted its new Siri AI alongside software updates and child safety features.
Global growth of Apple revenue
The company recorded revenue expansion across every international market, with the Americas remaining its largest territory, followed by Europe and Greater China. The Americas generated revenue amounting $45.7bn.
Regional Sales Breakdown (Q3, 2024–2026)
| Region | Q3 2024 | Q3 2025 | Q3 2026 | YoY Change (2025–2026) |
| Americas | N/A | $41.20bn | $45.78bn | +11.1% |
| Europe | N/A | $24.01bn | $29.40bn | +22.4% |
| Greater China | $14.73B | $15.37bn | $18.82bn | +22.4% |
| Japan | N/A | $5.78bn | $6.55bn | +13.3% |
| Rest of Asia Pacific | N/A | $7.67bn | $8.87bn | +15.6% |
The iPhone maintained its position as the primary sales driver, while the Mac and Services divisions also posted substantial gains. The iPhone product lineup brought in $54.2bn compared to $44.5bn in the third quarter of 2025.
Apple CFO Kevan Parekh praised the company’s trajectory, noting that the installed base of active devices reached a new all-time high across all major product lines and regions.
Expanding ecosystem initiatives
Looking beyond its latest quarterly performance, Apple has continued expanding its consumer ecosystem with strategic product and service offerings. In late July 2026, the company launched «Apple Upgrade», a device leasing program in partnership with Klarna that offers flexible payment terms for hardware including iPhones and Apple Watches.
Additionally, following its WWDC26 conference in June, Apple is rolling out developer testing for its redesigned «Siri AI» assistant built on the next generation of Apple Intelligence.
