The fourth-quarter financial results for 2026 have arrived, the first under new CEO John Ternus, with Apple's revenue of $114.5 billion.

The Q4 results bring Apple's financial year to an end, one that has been massively transitional for the company. It's the first results under the watchful eye of John Ternus, following Tim Cook's last results call in July.

It was a quarter that also involved many product launches, including the new iPhone 18 Pro models, updates to the Mac lineup, a smart home refresh, and the iPhone Duo. The full financial effect of those product launches will be felt in the upcoming Q1 results.

Bar chart showing quarterly revenue and gross margin from 2018 Q4 to 2026 Q4, with revenue consistently higher than gross margin and both generally increasing over time despite some fluctuations

Apple quarterly revenue and gross margin, as of Q4 2026

For Q4, Apple achieved revenue of $114.5 billion, up from the $102.5 billion reported in Q4 2025. The Wall Street consensus was $113.4 billion.

When it comes to product categories, the iPhone revenue of $57.58 billion is up from the $54.25 billion of Q4 2025. Mac revenue went from $10.35 billion in the year-ago quarter to $10.79 billion in the latest quarter.

The iPad revenue of $6.23 billion is up from $6.19 billion for Q4 2025. Wearables, Home, and Accessories saw revenue shift from $7.88 billion last year to $8.3 billion.

Services, the consistent growth center in the financial results, continued its steady upward march from $30.73 billion in Q4 2025 to $31.57 billion in Q4 2026.

Bar chart of Apple quarterly revenue from 2018— 2026, showing iPhone dominating, services steadily rising, and iPad, Mac, and wearables smaller but generally increasing with seasonal holiday peaks.

Apple revenue by unit, as of Q4 2026

As it is the last quarter of the financial year, Apple has also reported its full-year figures.

Gross sales of $478.3 billion are up from the $416.2 billion reported for the 2025 financial year. The gross margin has also gone up, from $195.2 billion in 2025 to $233.6 billion in 2026.

Line chart showing annual gross sales, gross margin, and net income from 2004— 2025, all steadily rising, with sales increasing fastest, margin and income growing more gradually underneath

Apple annual revenue, gross margin, and net income as of Q4 2026

Ternus referred to Apple achieving a new September quarter record and Services hitting an all-time high. It's also the best fiscal year for the company.

Along with launches like the iPhone Duo and iPhone 18 Pro, and the touch-enabled MacBook Pro, "it's an incredible lineup to carry us into the holiday season," he said.