Apple Q2 FY2026 Earnings Results: Tim Cook's Final Act Delivers Best March Quarter in History

# Apple Q2 FY2026 Earnings Results: Tim Cook's Final Act Delivers Best March Quarter in History

> **Quick answer:** Apple reported Q2 FY2026 revenue of $111.2 billion (+17% YoY), crushing the $109.7 billion consensus. EPS of $2.01 beat estimates of $1.95 by 3%. iPhone revenue hit $56.99 billion (+22% YoY), Services reached an all-time record $30.98 billion, and gross margin of 49.3% surpassed expectations by 90 basis points. It is the best March quarter in Apple's history — and Tim Cook's last full earnings call as CEO before John Ternus takes the reins September 1, 2026.

Tim Cook's 15-year tenure as Apple CEO ended not with a whimper but with a record. Apple Q2 FY2026 earnings results, reported after market close on April 30, 2026, beat Wall Street consensus on every major metric — revenue, EPS, gross margin, and Services — cementing what is statistically the strongest March quarter in the company's history. As the final Mag-7 name to report, Apple delivered the definitive close to an earnings season that saw Microsoft, Alphabet, Meta, and Amazon all beat the prior session. The market's reaction was measured: AAPL slipped roughly 0.5% in after-hours, a sign that investors are already looking past Cook toward the Ternus era — and toward Q3 guidance in a tariff-clouded macro environment.

> **Disclaimer:** This article is for informational purposes only and does not constitute financial advice. Consult a qualified financial advisor for personal financial decisions.

## The Numbers: Every Major Metric Beat

Apple's Q2 FY2026 results left little room for complaint across the board.