Earning Analysis
Welcome to our in-depth analysis of Apple Inc(AAPL) earnings, offering investors a detailed look into the company’s financial performance, revenue trends, earnings per share (EPS), and market reactions. This page provides a comprehensive overview of Apple Inc earnings history, forecasts, and key financial metrics, empowering you with the data needed to make informed investment decisions. Whether you're tracking quarterly results, analyzing earnings surprises, or exploring future projections, our detailed breakdown covers it all.
Earnings Forecast
Revenue
EPS
Currency: USD
Actual
Estimate
Surprise Analysis
| FY2025Q4 | 2025-10-30 | After Hours | 1.73 | 1.85 | +6.94 | 102.25B | 102.47B | +0.21 | -0.38 | -0.46 |
| FY2025Q3 | 2025-07-31 | After Hours | 1.42 | 1.57 | +10.56 | 89.16B | 94.04B | +5.47 | -2.50 | +2.74 |
| FY2025Q2 | 2025-05-01 | After Hours | 1.61 | 1.65 | +2.48 | 94.71B | 95.36B | +0.69 | -3.74 | -8.00 |
| FY2025Q1 | 2025-01-30 | After Hours | 2.36 | 2.40 | +1.69 | 124.03B | 124.30B | +0.22 | -0.67 | -1.84 |
| FY2024Q4 | 2024-10-31 | After Hours | 1.49 | 1.64 | +10.07 | 94.42B | 94.93B | +0.54 | -1.33 | +0.69 |
| FY2024Q3 | 2024-08-01 | - | 1.34 | 1.40 | +4.48 | 84.40B | 85.78B | +1.63 | -1.68 | -5.52 |
| FY2024Q2 | 2024-05-02 | - | 1.51 | 1.53 | +1.32 | 90.45B | 90.75B | +0.33 | +2.20 | +7.94 |
| FY2024Q1 | 2024-02-01 | - | 2.09 | 2.18 | +4.31 | 118.26B | 119.58B | +1.11 | +1.33 | +2.72 |
| FY2023Q4 | 2023-11-02 | - | 1.39 | 1.46 | +5.04 | 89.37B | 89.50B | +0.15 | +2.07 | +5.13 |
| FY2023Q3 | 2023-08-03 | - | 1.19 | 1.26 | +5.88 | 81.80B | 81.80B | - | -0.73 | -7.47 |
AAPL Earnings Analysis
Our earnings analysis provides a granular look at the company’s performance across recent fiscal quarters, highlighting key metrics such as revenue, EPS, and operating margins. By examining actual results against analyst estimates, we uncover trends and surprises that drive stock price movements, offering valuable insights for both short-term traders and long-term investors.
In the most recent quarter, Apple Inc reported performance for FY2025Q4, announced on 2025-10-30. The company achieved an EPS of 1.85, compared to analyst estimates of 1.73 by 6.94% . Revenue for the quarter reached 102.47B compared to expectations of 102.25B by 0.21% .
The stock price reacted with a -0.38% one-day change and a -0.46% five-day change following the earnings release. These movements reflect market reaction in Apple Inc growth trajectory and strategic initiatives.
AAPL Earnings Forecast
Looking ahead, Apple Inc(AAPL) remains a focal point for investors seeking growth opportunities. Analyst forecasts for 2026/Q1 project quarter revenue of 138.02B and an EPS of 2.66.
However, recent estimate revisions provide additional context. Over the past three months, revenue estimates for FY2026 have been Revise Upward by 3.85%, while EPS estimates have been Revise Upward by 3.31%. For the upcoming Q1 2026, revenue estimates have been adjusted Revise Upward by 6.21% . These revisions correlate with a 17.11% change in stock price over the same period, suggesting potential buying opportunities for investors who believe in Apple Inc long-term fundamentals.
The relationship between earnings forecast revisions and stock price movements is critical for investors. Positive revisions in revenue or EPS often signal strengthening fundamentals, making temporary price dips attractive entry points. Conversely, downward revisions may reflect short-term challenges.
Estimate Revision
The chart shows the correlation between AAPL's stock price and earnings forecast revisions. Positive revisions in Revenue or EPS often strengthen the stock's fundamentals, making price dips potential buying opportunities.
Revenue Estimates for FY2026
Revise Upward
+3.85%
In Past 3 Month
EPS Estimates for FY2026
Revise Upward
+3.31%
In Past 3 Month
Revenue Estimates for Q1 2026
Revise Upward
+6.21%
In Past 3 Month
Stock Price
Go Up
+17.11%
In Past 3 Month
1Y
3Y
5Y
Annual FY 2026
Currency: USD
1Y
3Y
5Y
--
Revenue Estimate-Annual FY 2026:452.93B
--
EPS Estimate-Annual FY 2026:8.24
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Stock Price280.70
AAPL Revenue and EPS Performance: A Historical Perspective
Apple Inc revenue and earnings per share (EPS) performance over recent quarters provides a clear picture of its financial health. Below is a detailed breakdown of the company’s earnings history, showcasing actual results, analyst estimates, and surprise percentages for key fiscal quarters:
FY2025Q4 (2025-10-30,After Hours):
EPS: 1.85 (Actual) vs.1.73 (Estimate) (6.94%)
Revenue: 102.47B (Actual) vs. 102.25B (Estimate) (0.21%)
Price Reaction: -0.38%(1-Day), -0.46%(5-Day)
FY2025Q3 (2025-07-31,After Hours):
EPS: 1.57 (Actual) vs.1.42 (Estimate) (10.56%)
Revenue: 94.04B (Actual) vs. 89.16B (Estimate) (5.47%)
Price Reaction: -2.50%(1-Day), 2.74%(5-Day)
FY2025Q2 (2025-05-01,After Hours):
EPS: 1.65 (Actual) vs.1.61 (Estimate) (2.48%)
Revenue: 95.36B (Actual) vs. 94.71B (Estimate) (0.69%)
Price Reaction: -3.74%(1-Day), -8.00%(5-Day)
Earnings Reaction
The chart below shows how AAPL performed 10 days before and after its earnings report, based on data from the past quarters. Typically, AAPL sees a -1.37% change in stock price 10 days leading up to the earnings, and a +2.34% change 10 days following the report. On the earnings day itself, the stock moves by +0.09%. This data can give you a slight idea of what to expect for the next quarter's release.
For example, in SEP/2025, the stock changed -0.38% on the day following the earnings release and then changed by 0.57% over the next 10 days. These patterns provide investors with valuable insights into potential price movements and help inform trading strategies around earnings events.
Transcript Summary
Apple Inc (AAPL) Q4 2025 Earnings Call Summary
Positive
2025-10-30
The earnings call reflects strong financial performance, with high gross margins and expected revenue growth, despite some supply constraints. Positive developments include record high upgraders, new product launches, and AI investments. While there are concerns about supply and demand balance and tariff impacts, optimistic guidance for the December quarter, particularly in China, and strong demand for new products suggest a positive stock price movement. However, management's lack of clarity on certain issues tempers the sentiment slightly.
Apple Inc (AAPL) Q3 2025 Earnings Call Summary
Positive
2025-07-31
The earnings call summary and Q&A indicate strong iPhone demand, significant capital investments, and optimistic guidance despite tariff headwinds. The new product innovation and retail expansion signal growth potential. While revenue growth may decelerate slightly, the overall sentiment remains positive with strategic investments in AI and supply chain optimization. The positive factors outweigh minor concerns, suggesting a positive stock price movement.
Apple Inc (AAPL) Q2 2025 Earnings Call Summary
Positive
2025-05-01
The earnings call summary reveals strong financial performance, with record EPS and revenue growth across most segments, despite some challenges in wearables. Positive guidance for revenue and services growth, coupled with a dividend increase and significant shareholder returns, further supports a positive outlook. The Q&A section highlights some uncertainties, particularly around tariffs and production mix, but these are not substantial enough to overshadow the overall positive sentiment. The combination of strong earnings, optimistic guidance, and shareholder-friendly moves suggests a positive stock price movement in the short term.
Apple Inc (AAPL) Q1 2025 Earnings Call Summary
Positive
2025-01-30
The earnings call reflects strong financial performance with record revenues and EPS growth. Shareholder returns are robust, with substantial share repurchases and dividends. Despite challenges in China, the overall market strategy and product innovation, including Apple Intelligence, are positive. The Q&A reveals optimism about future innovation and growth in emerging markets. Gross margin guidance remains strong, and the company is managing inventory well. The positive outlook and financial health suggest a positive stock price movement, although some caution is warranted due to geopolitical risks and competitive pressures in China.
Apple Inc. (AAPL) Q4 2024 Earnings Call Summary
Positive
2024-10-31
Despite the challenges, Apple's earnings call highlights robust financial performance with 5% revenue growth and a $90 billion share repurchase program. The company maintains a positive outlook, driven by strong product demand and new launches. Although gross margins decreased, operational efficiencies and a strong cash flow offset these concerns. The Q&A revealed optimism in growth prospects, despite avoiding specific revenue targets. Overall, these factors suggest a positive stock price movement in the coming weeks.
Apple Inc. (AAPL) Q3 2024 Earnings Call Summary
Positive
2024-08-01
Apple's earnings call highlights strong financial performance with a 5% revenue growth, robust iPad and Services revenue increases, and a solid shareholder return plan with $32 billion returned. Despite some challenges in iPhone and Wearables, the positive guidance for the next quarter, Apple's strategic investments in AI, and the significant share repurchase program indicate a favorable outlook. The Q&A reveals confidence in future opportunities, especially in China and with Apple Intelligence. Overall, the earnings call suggests a positive short-term stock price movement of 2% to 8%.
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FAQ
What were the key highlights of AAPL’s latest earnings report for FY2025Q4?
How did AAPL’s stock price react after the FY2025Q4 earnings release?
What are the revenue and EPS estimates for AAPL for 2026/Q1?
How does AAPL’s stock price correlate with earnings forecast revisions?
What should investors expect from AAPL’s next earnings report?