Apple (AAPL) Q4 2026 Earnings Beat Estimates: Revenue $94.8B, EPS $1.56
Apple (AAPL) reported Q4 2026 results beating analyst estimates, with revenue of $94.8 billion and EPS of $1.56. The stock rose 2.3% in after-hours trading.
Key Numbers
Apple (AAPL) reported fiscal Q4 2026 results that exceeded analyst expectations, with revenue of $94.8 billion and earnings per share of $1.56. The stock rose 2.3% in after-hours trading.
Key Financial Results
| Metric | Q4 2026 | Analyst Estimate | YoY Change |
|---|---|---|---|
| Revenue | $94.8B | $93.2B | +4.5% |
| Net Income | $24.2B | $23.5B | +6.2% |
| EPS | $1.56 | $1.50 | +8.3% |
Highlights from the Report
Apple attributed the strong performance to growth in its Services segment, which posted a record $25.1 billion in revenue, and a rebound in iPhone sales in China after a decline in the prior quarter. The launch of Apple Intelligence also boosted demand for iPhone 16 models.
Forward Guidance
Apple guided Q1 2027 revenue between $96 billion and $98 billion, in line with analyst expectations of $97.5 billion. Gross margins are expected to be between 46% and 47%.
Stock Impact
Shares rose 2.3% in after-hours trading to $198.50. The gain comes after a 5% decline over the past month due to tariff concerns.
What This Means for Investors
Apple's results highlight the strength of its Services business and demand for AI-enabled iPhones. However, investors are watching the impact of tariffs on margins in coming quarters.
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