Apple’s Q1 2026 results are in, with record-breaking iPhone sales, but a record R&D spend suggests the company is far from resting on its laurels.
The fiscal quarter, which ended December 27, 2025, saw Apple post records aplenty. With revenue of $143.8 billion, the company saw a 16% increase over the previous year’s results — a new record for the company. Of that figure, a whopping $42.1 billion was net profit.
Comparing that to the previous year’s revenue of $124.3 billion and a net quarterly profit of $36.3 billion, Apple’s already healthy balance sheet just got a shot in the arm. With record total revenue and earnings per share ($2.84, up 19%), it’s hard to imagine how Apple shareholders could have hoped for better results.
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