Q3 FY2026 call
Held July 30, 2026AAPL’s latest call summary is open to everyone as an example. Summaries of earlier calls are part of Pro.
AAPL · Nasdaq · Technology · Consumer Electronics
Next earnings: October 29, 2026
$341.07+1.5%Sep 25 close
Apple makes iPhone smartphones, Mac computers, iPad tablets, wearable devices, and digital services.
Apple Inc. is scheduled to report next on October 29, 2026. The date comes from Nasdaq’s earnings calendar, and companies sometimes move it.
The quarter ending June 27, 2026, against the same quarter a year earlier.
| Measure | 3 months toJun 27, 2026 | 3 months toJun 28, 2025 | Change |
|---|---|---|---|
| Total Revenue | $109.4B | $94B | +16.36% |
| Profit | $29.8B | $23.4B | +27.12% |
| Profit per share | $2.02 | $1.57 | +28.66% |
| Free Cash Flow | $31.9B | $24.4B | +30.77% |
These are single quarters, not a trailing year — the figures elsewhere on this site cover twelve months and will be much larger. A seasonal business swings a long way between the two: ServiceNow earns $2.0B of free cash flow in its December quarter and $0.5B in its June one.
Compared against the same quarter a year earlier, not against an analyst forecast. A “beat” or “miss” needs a consensus estimate, which is licensed data we do not carry — and getting it wrong is worse than leaving it out.
A short summary of each call — what the quarter showed, what management expects and whether they delivered on what they said last time — with the full transcript underneath.
AAPL’s latest call summary is open to everyone as an example. Summaries of earlier calls are part of Pro.
Source: Yahoo Finance, transcribed by Quartr. Speaker names and roles are as transcribed; analysts are sometimes unnamed.
Summaries of earlier calls are part of Pro.
Summaries of earlier calls are part of Pro.
Summaries of earlier calls are part of Pro.
Summaries of earlier calls are part of Pro. See Pro
Summaries of earlier calls are part of Pro. See Pro
Summaries of earlier calls are part of Pro. See Pro
June-quarter revenue set a record and Mac demand ran ahead of supply, while worsening constraints and memory costs cloud the outlook.
Revenue was $109.42 billion in Q3 FY2026, up 16.4% year over year, versus 17% growth in Q2 FY2026. Mac revenue reached $10.4 billion, up 29% year over year, and iPhone sales rose 22% to $54.252 billion in Q3 FY2026; management cited double-digit growth across geographic segments. The open question is whether Apple can meet demand as supply constraints widen and memory costs rise, with Q4 FY2026 revenue growth guided to 9%-11%.
June-quarter record; management cited double-digit growth across geographic segments.
Our figuresQ3 FY2026 callEarnings grew faster than revenue.
Our figuresCash generation increased year over year.
Our figuresProduct mix and tariff refunds helped; higher costs, including memory, partly offset gains.
Q3 FY2026 call10-Q for Jun 27, 2026MacBook Neo and MacBook Pro drove growth despite significant supply constraints.
Q3 FY2026 callInventory-days and channel-inventory totals were not provided.
Our figuresQ3 FY2026 callThe filing disclosed substantial manufacturing commitments due within a year.
10-Q for Jun 27, 2026| Measure | Outlook | Against the last outlook |
|---|---|---|
| Total company revenue growthQ4 FY2026, September quarter | 9%-11% year over year | — |
| iPhone reported revenue growthQ4 FY2026, September quarter | Mid-teens year over year | — |
| Gross marginQ4 FY2026, September quarter | 47%-48%, including an expected tariff-refund benefit of approximately one percentage point | — |
| Operating expensesQ4 FY2026, September quarter | $19.1 billion-$19.4 billion | — |
| Other income and expenseQ4 FY2026, September quarter | Around $350 million, excluding potential minority-investment mark-to-market effects | — |
Written by AI on Sep 23, 2026 from this call’s transcript, the call before it, the company’s report for the same period and our own figures from SEC filings. Each item names its sources, and every quote the summary relied on was checked against the text — figures can still contain errors.
A summary of what was said and filed, not a recommendation to buy or sell anything. Summaries are written in English.
| Tax rateQ4 FY2026, September quarter | Around 16.5% | — |
| Foreign-exchange impact on total company growthQ4 FY2026 versus Q3 FY2026 | Sequential headwind of about 2.5 percentage points | — |
| Services reported revenue growthQ4 FY2026, September quarter | Largely similar to Q3 FY2026 after removing the negative sequential FX impact | — |
| Measure | Guided | Actual | Result |
|---|---|---|---|
| Total company revenue growth | 14%-17% year over year for Q3 FY2026 | $109.42 billion, up 16.4% year over year in Q3 FY2026 | Within |
| Gross margin | 47.5%-48.5% for Q3 FY2026 | 50.1% reported company gross margin in Q3 FY2026, including approximately two percentage points from tariff refunds; 48.1% excluding that benefit | Above |
| Operating expenses | $18.8 billion-$19.1 billion for Q3 FY2026 | $19.1 billion in Q3 FY2026 | Within |