What was Apple's revenue in Q2 2026?

Apple's revenue was $111.2 billion, beating estimates of $109.66 billion.

What was Apple's EPS in Q2?

Adjusted EPS was $2.01, versus estimates of $1.96.

Why did Apple beat estimates?

The strong performance was driven by a rebound in iPhone sales in China and record Services revenue.

Did Apple provide guidance for Q3?

No, Apple did not provide formal guidance, as has been its practice since 2020.

Apple Beats Q2 Estimates on Strong iPhone, China Sales

Apple (AAPL) reported fiscal Q2 2026 results after Thursday's close, beating analyst estimates. Revenue came in at $111.2 billion (vs. $109.66B expected) and adjusted EPS at $2.01 (vs. $1.96 expected), fueled by strong iPhone sales in China.

Apple (AAPL) reported fiscal second-quarter 2026 results after the bell on Thursday, surpassing analyst expectations. Revenue reached $111.2 billion compared to estimates of $109.66 billion, while adjusted earnings per share came in at $2.01 versus the $1.96 consensus. The stock saw little change in after-hours trading.

Key Financial Results

Metric	Actual	Estimate
Revenue	$111.2B	$109.66B
Adjusted EPS	$2.01	$1.96

Year-over-year comparisons were not provided in the release.

Highlights from the Release

Apple attributed the strong performance to a rebound in iPhone sales in China, its largest market outside the U.S. The Services segment also posted record revenue.

Future Guidance

Apple did not provide formal guidance for the third quarter, as has been its practice since 2020. Analysts currently expect revenue in the range of $85-90 billion.

Stock Impact

Apple shares (AAPL) are trading near all-time highs around $200. The beat could bolster confidence in the company's ability to grow despite a slowing smartphone market.

What This Means for Investors

The results underscore Apple's strength in China and its loyal customer base. However, investors are watching for the impact of inflation and competition on sales in the second half of the year.