Skip to Content
Opening Bell

Apple Q4 FY2026 · Story

Read the quarter card by card, ready to share.

AAPLQ4 FY20261/4

Estimate vs Actual

Earnings per Share

$2.10

+ 6.1% vs Estimate

Surprise as recorded in the analysis; the estimate itself is not on the calendar.

AAPLQ4 FY20262/4

Guidance

Revenue Growth (December Quarter)

Company Guidance
7% – 10%
Market Estimate
6.8%

In Line ✓

Services Revenue Growth

Company Guidance
8% – 9%

1.3-Point Slowdown ▼

Gross Margin

Company Guidance
45% – 46%

2.7-Point Annual Contraction ▼

AAPLQ4 FY20263/4

In 30 Seconds

Revenue of $114.48 billion beat estimates by 1.0% and EPS of $2.10 beat by 6.1%; iPhone grew 17.5%.

  • The 7-10% December-quarter revenue range is close to estimates, but memory costs pushed the gross margin target down to 45-46%.
  • The stock fell 2.8% after hours following the call; the market read the quarter as a margin story.

First point of the analysis's “In 30 Seconds”.

Full Analysis
Back to the Analysis