Apple has reported its financial results for the second quarter of fiscal 2026, posting its best-ever March quarter with strong growth across the business.
The company generated $111.2 billion in revenue for the period ending March 28, up 17 percent year over year. Earnings per share came in at $2.01, marking a 22 percent increase compared to the same quarter last year.
Tim Cook said the results were driven by strong demand across Apple’s product lineup, with the iPhone leading the way.
“Today Apple is proud to report our best March quarter ever,” Cook said. “iPhone achieved a March quarter revenue record, fueled by extraordinary demand for the iPhone 17 lineup.”
Cook also highlighted continued momentum in Apple’s services business, which reached a new all-time high during the quarter. The company also introduced several new products, including the iPhone 17e, M4-powered iPad Air, and the MacBook Neo, which Cook said is “captivating customers all around the world.”
Apple’s CFO Kevan Parekh said the company’s performance translated into strong cash generation, with over $28 billion in operating cash flow during the quarter. Apple also set new March quarter records for both operating cash flow and earnings per share.
The company said its installed base of active devices reached a new all-time high across all major product categories and regions, reflecting continued customer demand.
Alongside the results, Apple announced a dividend of $0.27 per share, a 4 percent increase. The dividend will be paid on May 14, 2026, to shareholders on record as of May 11.
Apple also revealed a new $100 billion share buyback program, continuing its ongoing effort to return value to shareholders.