Apple Q3 FY26: where the revenue came from and where it went
The whole income statement of Apple for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Mar 29 – Jun 27, 2026
- Reported
- Jul 31, 2026
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
Figures in billions of dollars.
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 109.4 | 100% | +16% |
| iPhone | 54.3 | 50% | +22% |
| Services | 30.7 | 28% | +12% |
| Mac | 10.4 | 9% | +29% |
| Wearables | 7.9 | 7% | +6% |
| iPad | 6.2 | 6% | −6% |
| Cost of revenue | −54.6 | 50% | |
| Gross profit | 54.8 | 50% margin | +4pp |
| R&D | −11.7 | 11% | +1pp |
| Sales & marketing | −5.0 | 4% | +0pp |
| G&A | −2.3 | 2% | +0pp |
| Operating profit | 35.7 | 33% margin | +3pp |
| Other income, net | 0.6 | ||
| Tax | −6.5 | ||
| Net profit | 29.8 | 27% margin | +2pp |
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