Apple delivered its best March quarter ever, posting $111.2 billion in revenue and $29.6 billion in net profit for fiscal Q2 2026. Earnings per share reached $2.01, up from $1.65 in the year-ago quarter, with double-digit growth across every geographic segment. Both company revenue and iPhone sales set March quarter records, driven by what Cook called "extraordinary demand" for the iPhone 17 lineup.

Services revenue continued its streak, hitting another all-time high during the quarter. Apple's gross margin improved to 49.3 percent, up from 47.1 percent in the same period last year. The company also announced an additional $100 billion share repurchase authorization and raised its dividend to $0.27 per share, payable May 14 to shareholders of record as of May 11.

"We were excited to introduce remarkable new products to our strongest lineup ever," Cook said, pointing to the iPhone 17e, M4-powered iPad Air, and the newly launched MacBook Neo. The record quarter demonstrates sustained momentum across Apple's hardware and services ecosystem despite increasing competition in the premium device market.