Apple today announced financial results for the fourth fiscal quarter of 2026, which corresponds to the third calendar quarter of the year. The quarter included a number of August and September product releases from Apple, as well as the CEO transition from Tim Cook to John Ternus that took place on September 1.

For the quarter, Apple posted revenue of $114.5 billion and net quarterly profit of $30.7 billion, or $2.10 per diluted share, compared to revenue of $102.5 billion and net quarterly profit of $27.5 billion, or $1.85 per diluted share, in the year-ago quarter .

Gross margin for the most recent quarter was 47.9 percent, compared to 47.2 percent in the year-ago quarter.…