Apple (AAPL) earnings for the quarter ended September 2026: EPS beats estimates
Apple reported results for the quarter ended September 2026 on November 2, 2026. Adjusted earnings per share came in at $2.10 against the analysts’ average forecast of $1.98, a beat of 5.8%.
Revenue for the quarter was $114.48 billion, up 11.7% from $102.47 billion in the same quarter a year earlier.
The market’s verdict: the stock fell 3.7% on the first trading day after the report.
The last four quarters
Apple has beaten the analysts’ EPS forecast in 4 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $2.10 | $1.98 | +5.8% | +12% | −3.7% |
| Jun 2026 | $2.02 | $1.89 | +6.7% | +16% | −8.7% |
| Mar 2026 | $2.01 | $1.94 | +3.5% | +17% | +3.7% |
| Dec 2025 | $2.84 | $2.67 | +6.3% | +16% | +1.2% |
What comes next
Analysts expect EPS of $2.91 for the next quarter on average and $9.43 for the fiscal year ending September 30, 2027.
The average analyst price target is $346.37, 3% below the current price of $356.27.
Valuation and score
Apple scores 3.0 out of 5 overall on Stock Analiz (good, with some weak spots), trades at a trailing P/E of about 39.7, and its intrinsic value under moderate assumptions is about 54% below the current market value. Full Apple analysis with 10 years of financials
Frequently asked questions
What was Apple’s EPS for the quarter ended September 2026?
$2.10 adjusted per share, against an analyst consensus of $1.98.
How much revenue did Apple report?
$114.48 billion, up 11.7% year over year.
More
This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.