Apple Inc announced its financial results for the first quarter of its 2026 fiscal year, revealing substantial growth across multiple facets of its business. The technology giant posted fiscal Q1 revenue totaling $143.76 billion, marking a 16% increase compared to the same period in the previous year. This performance outstripped analyst consensus estimates, which had anticipated revenue of approximately $138.42 billion. Accompanying these top-line gains, Apple's earnings per share reached $2.84, an increase of 19% from the prior year and higher than the expected $2.66 per share.
Examining regional revenue sources, the Americas remained the strongest market with $58.53 billion in sales during the quarter. Europe contributed $38.15 billion, while Greater China accounted for $25.53 billion. Japan delivered $9.4 billion, and other Asia Pacific regions collectively generated $12.14 billion in revenue. These figures illustrate Apple's widespread global footprint and the diverse contributions from different markets.
Product category revenues also demonstrated varied performance levels. The iPhone segment yielded $85.27 billion in the quarter, a significant increase from $69.14 billion recorded the previous year, representing the highest quarterly revenue from this product line to date. Mac sales were $8.39 billion, a slight decline from $8.99 billion in the prior year, while iPad revenue increased modestly to $8.60 billion from $8.09 billion. The Wearables, Home and Accessories division reported revenue of $11.49 billion, a minor decrease compared to $11.75 billion last year.
In addition to hardware, Apple's services segment continued its upward trend, generating $30.01 billion in revenue, which is an increase from $26.34 billion year-over-year. This segment includes offerings such as the App Store, Apple Music, iCloud, and other subscription services, reflecting growing consumer engagement and monetization of the company's software ecosystem.
A notable milestone highlighted in the report was the active installed base of Apple devices, which now exceeds 2.5 billion units worldwide. This figure encompasses all active devices across Apple's product lineup and attests to the company's expansive and loyal user base.
Apple's Chief Executive Officer, Tim Cook, remarked on the company's performance: "We are pleased to share a record-breaking quarter with revenue climbing 16 percent compared to a year ago, surpassing our expectations. The iPhone experienced its most successful quarter ever, driven by unprecedented global demand. Additionally, our Services segment achieved an all-time revenue high, increasing by 14 percent year-over-year."
In terms of liquidity, Apple concluded the quarter with $45.32 billion in cash and cash equivalents, maintaining a strong financial position. Furthermore, the company's board of directors declared a quarterly cash dividend of 26 cents per share. This dividend is scheduled for payment on February 12 to shareholders recorded as of February 9.
Apple's management is scheduled to provide additional commentary regarding the quarter's performance and outlook during an earnings call set for 5 p.m. Eastern Time. Historically, the company uses this forum to discuss expected performance across its various product segments in forthcoming months.
Following the earnings announcement, Apple's stock price rose by approximately 1.78% in after-hours trading, reaching $262.88 per share. Prior to the report, the stock had declined by about 5% year-to-date.