Apple Q4 revenue rises 12% to $114.5B under John Ternus

Quarter snapshot: top-line and profit figures

Apple’s Form 8-K with the SEC shows Q4 revenue of $114.5 billion, up 12% from a year earlier. Diluted earnings per share (EPS) were $2.10, a 14% rise year over year, and gross margin was reported at 47.9% (SEC filing).

What filings say about drivers

The 8-K also notes part of the margin result was helped by tariff refunds that the company quantified as about $0.05 per share. For the full fiscal year, Apple reported revenue of $479 billion and said services revenue reached an all-time high, according to the same SEC filing.

Regional and product notes in coverage

Press coverage highlighted a few specific angles. One outlet reported the Q4 number in the context of a leadership change to John Ternus. Another story said Apple posted record Q4 revenue in India, describing that market as having “surged to new heights.” A separate report raised the possibility that iPhone growth faces new cost pressures, saying that iPhone growth “meets a tougher test on costs.” These points were reported by different publishers covering the quarter.

Market context and company size

Apple’s annual 10-K filed with the SEC included company-level figures: a market value for non-affiliate shares of about $3.647 trillion as of March 27, 2026, and roughly 14.53 billion common shares outstanding as of October 23, 2026. On the trading day when some coverage appeared, the broader S&P 500 rose while reports noted Apple’s stock declined that session.

Readers looking for more detail should consult Apple’s full earnings release and the company’s SEC filings for line-item results and segment breakdowns. The filings are the primary sources for the figures cited above.