Apple beats The Street on the top and bottom lines
Apple today announced financial results for its fiscal 2025 fourth quarter ended September 27, 2025. The company posted quarterly revenue of $102.5 billion, up 8 percent year over year. Diluted earnings per share was $1.85, up 13 percent year over year on an adjusted basis.1
“Today, Apple is very proud to report a September quarter revenue record of $102.5 billion, including a September quarter revenue record for iPhone and an all-time revenue record for Services,” said Tim Cook, Apple’s CEO, in a statement. “In September, we were thrilled to launch our best iPhone lineup ever, including iPhone 17, iPhone 17 Pro and Pro Max, and iPhone Air. In addition, we launched the fantastic AirPods Pro 3 and the all-new Apple Watch lineup. When combined with the recently announced MacBook Pro and iPad Pro with the powerhouse M5 chip, we are excited to be sharing our most extraordinary lineup of products as we head into the holiday season.”
Net sales by category:
• iPhone: $49.025 billion (vs. $46.222 billion YoY)
• Mac: $8.726 billion (vs. $7.744 billion YoY)
• iPad: $6.952 billion (vs. $6.950 billion YoY)
• Wearables, Home and Accessories: $9.013 billion (vs. $9.042 billion YoY)
• Services: $28.750 billion (vs. $24.972 billion YoY)
“Our September quarter results capped off a record fiscal year, with revenue reaching $416 billion, as well as double-digit EPS growth,” said Kevan Parekh, Apple’s CFO, in a statement. “And thanks to our very high levels of customer satisfaction and loyalty, our installed base of active devices also reached a new all-time high across all product categories and geographic segments.”
Apple’s board of directors has declared a cash dividend of $0.26 per share of the company’s common stock. The dividend is payable on November 13, 2025, to shareholders of record as of the close of business on November 10, 2025.
Apple will provide live streaming of its Q4 2025 financial results conference call beginning at 2:00 p.m. PT on October 30, 2025, at apple.com/investor/earnings-call. The webcast will be available for replay for approximately two weeks thereafter.
Analysts’ consensus called for revenue of $102.24 billion and EPS of $1.77.
The stock is down in after-hours trading, but the guidance is great, so we expect it to recover once all of the information is digested.
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