10-Q quarterly report · filed May 1, 2026

Apple Inc (AAPL) Q1 2026 10-Q Quarterly Report

Short answer

Apple Inc (AAPL) filed its Q1 2026 10-Q quarterly report on May 1, 2026 for the quarter ended Mar 28, 2026. Quarterly revenue was $111.2B (up 16.6% year over year) with net income of $29.6B.

Q1 2026 key financials · XBRL

Revenue
$111.2B
+16.6% YoY · −22.7% QoQ
Net income
$29.6B
+19.4% YoY · −29.7% QoQ
Operating margin
32.3%
Gross margin
49.3%
EPS (diluted)
$2.01
+21.8% YoY · −29.2% QoQ

Source: XBRL data from the Apple Inc (AAPL) Q1 2026 10-Q on SEC EDGAR. USD.

Apple Inc Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Management flags potential macroeconomic conditions, tariffs, and other measures as business headwinds

Risk Factors

  • New AI-related risk: increasingly capable models intensifying phishing, vulnerability exploitation and deepfake attacks
  • App Store commission risk: U.S. injunction and Ninth Circuit proceedings could narrow or eliminate commissions
  • EU DMA compliance risk: Commission challenges Apple’s plan, with significant fines and penalties for noncompliance
  • Google search licensing risk: appellate remedies could prohibit Google from offering Apple commercial search-distribution terms
  • Margin risk: advanced semiconductor, NAND and DRAM costs, tariffs and foreign-exchange fluctuations pressuring gross margins

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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