AAPL · Q3 FY26 · Mar 29 – Jun 27, 2026
Apple Q3 FY26: where the revenue came from and where it went
Apple Q3 FY26: revenue $109.4B (+16% year over year). Net profit $29.8B. Largest cohort iPhone $54.3B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Mar 29 – Jun 27, 2026
- Reported
- Jul 31, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$109.4B
+16% year over year
Gross profit$54.8B
50% margin
Operating profit$35.7B
33% margin
Net profit$29.8B
27% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 109.4 | 100% | +16% |
| iPhone | 54.3 | 50% | +22% |
| Service | 30.7 | 28% | +12% |
| Mac | 10.4 | 9% | +29% |
| Wearables… Accessories | 7.9 | 7% | +6% |
| iPad | 6.2 | 6% | −6% |
| Cost of revenue | −54.6 | 50% | |
| Gross profit | 54.8 | 50% margin | +4pp |
| Research & development | −11.7 | 11% | +1pp |
| Sales & marketing | −5.0 | 5% | +0pp |
| G&A | −2.3 | 2% | +0pp |
| Operating profit | 35.7 | 33% margin | +3pp |
| Tax | −6.5 | ||
| Net profit | 29.8 | 27% | +2pp |
Older quarters
-
Q2 FY26 3/2026Revenue $111.2B Net margin 27%
-
Q1 FY26 12/2025Revenue $143.8B Net margin 29%
-
Q4 FY25 9/2025Revenue $102.5B Net margin 27%
-
Q3 FY25 6/2025Revenue $94.0B Net margin 25%
-
Q2 FY25 3/2025Revenue $95.4B Net margin 26%
-
Q1 FY25 12/2024Revenue $124.3B Net margin 29%
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