After a difficult few years, Apple is celebrating a ‘record-breaking quarter’ with revenue growth exceeding expectations, reaching up to 16% for its fiscal 2026 first quarter ending December 27, 2025.
The Company reported quarterly revenue of $143.8 billion, with diluted earnings per share at $2.84, a 19 percent increase from the previous year.
Tim Cook, Apple’s CEO, told investors: “Today, Apple is proud to report a remarkable, record-breaking quarter, with revenue of $143.8 billion, up 16 percent from a year ago and well above our expectations. iPhone had its best-ever quarter driven by unprecedented demand, with all-time records across every geographic segment, and Services also achieved an all-time revenue record, up 14 percent from a year ago. We are also excited to announce that our installed base now has more than 2.5 billion active devices, which is a testament to incredible customer satisfaction for the very best products and services in the world.”
During a call with reporters following the release, Cook stated, “The demand for iPhone was simply staggering, with revenue growing 23% year over year to achieve its biggest quarter in history.”
Kevan Parekh, Apple’s CFO, said, “During the December quarter, our record business performance and strong margins led to EPS growth of 19 percent, setting a new all-time EPS record. These exceptionally strong results generated nearly $54 billion in operating cash flow, allowing us to return almost $32 billion to shareholders.”
Looking ahead, Apple anticipates Q2 revenue will increase by 13% to 16%, surpassing the 10% growth expected by analysts. The company also projects operating expenses ranging from $18.4 billion to $18.7 billion, a slight increase compared to its first-quarter spending.
Apple stock rose over 3% following the announcement.
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By CEO NA Editorial Staff
