Apple recently released its financial results for the fourth quarter of fiscal year 2026 (ended September 26, 2026), reporting quarterly revenue of $114.477 billion, a 12% year-over-year increase from $102.466 billion in the same period last year, setting a historical record for the period. Net income was $30.711 billion, up 12% from $27.466 billion in the same period last year. Diluted earnings per share were $2.10, a 14% increase from $1.85 in the same period last year. Gross margin stood at 47.9%, down 2.2 percentage points from 50.1% in the previous fiscal quarter.
In terms of revenue breakdown, the iPhone segment, serving as the cornerstone of Apple's product lineup, generated $57.583 billion in revenue, representing a 17% year-over-year increase from $49.025 billion in the same period last year. Mac revenue amounted to $10.792 billion, up 24% year-over-year from $8.726 billion. iPad revenue was $6.229 billion, down 10% year-over-year from $6.952 billion. Revenue from Wearables, Home, and Accessories totaled $8.3 billion, an 8% decrease from $9.013 billion in the same period last year. Services revenue reached $31.573 billion, marking a 10% year-over-year increase from $28.75 billion.
Revenue in the Greater China region reached $17.539 billion, a significant year-over-year increase of 21% from $14.493 billion in the same period last year, setting a new record for the September quarter. Additionally, Apple's Board of Directors announced a dividend of $0.27 per share, payable on November 16, 2026, to shareholders of record as of the close of business on November 12, 2026.
This marks the first quarterly report since John Ternus succeeded Tim Cook as Apple's Chief Executive Officer (CEO) this September. The final figures show that Apple's core hardware business grew against the trend, with overall revenue and profit exceeding market expectations. Notably, iPhone revenue set a new record for the September quarter, while services revenue reached an all-time high. Apple's Chief Financial Officer, Kevan Parekh, stated that operating cash flow for the quarter reached $28 billion, and the installed base of active devices across all major product categories and geographic markets also hit record highs.