Apple closed its fiscal Q1 2026 with record-breaking numbers, led by the strongest iPhone quarter in its history. The company’s first fiscal quarter ended on December 27, 2025, covering the holiday season, which is usually its busiest period.
The company generated $143.8 billion in total revenue, marking a 16% increase year over year. Net profit reached just over $42 billion. However, the biggest highlight was iPhone performance. Apple posted $85.3 billion in iPhone revenue, the highest ever for the product line.
Demand for the iPhone 17 series played a major role in that growth. The lineup launched in September and quickly gained momentum in key markets. Apple described demand as unprecedented, reflecting strong consumer interest during the holiday cycle. As a result, the company now reports 2.5 billion active devices across its ecosystem.
Services also delivered another record quarter. The division generated $30 billion in revenue, up 14% compared to the same period last year. Growth in subscriptions and digital offerings continued to strengthen Apple’s recurring income base.
Not all segments posted gains. Revenue from wearables, home, and accessories reached $11.49 billion, down 2% year over year. Mac revenue came in at $8.39 billion, reflecting a 6% decline compared to Q1 2025. Meanwhile, iPad sales moved in the opposite direction. iPad revenue rose 6% to $8.5 billion.