Apple Inc. · AAPL · Next earnings

Apple Inc. reports Thursday, Oct 29, 2026

AAPL reports after market close with consensus EPS at $1.99 and revenue at $113.21B. Last quarter: Apple Q2 FY26: Record $111.2B Revenue, iPhone +22%, CEO Transition

Reports After market close39 days awayDate estimated Technology

What the street expects

Consensus for the coming report
Consensus EPS $1.99 Calendar consensus
Consensus revenue $113.21B Calendar consensus
Report date Oct 29, 2026 Thursday, date estimated
Session After market close 39 days away

Where AAPL left off: FY2026 Q2

Full report

Apple Q2 FY26: Record $111.2B Revenue, iPhone +22%, CEO Transition

EPS surprise +3.1% Reported $2.01 vs $1.95
Revenue surprise +1.6% Reported $111.18B vs $109.46B
Stock move +0.4% Event window
Subsequent drift +15.0% Up to 20 sessions

Management maintained guidance sentiment, consistent with the prior quarter's maintained posture. Capex outlook was not mentioned this quarter versus stable in Q1. No explicit change in forward revenue or margin guidance ranges was provided beyond the maintained tone.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Supply constraints on advanced-node SoCs affecting iPhone and Mac availability
  • Rising memory (NAND) costs pressuring gross margins beyond June quarter
  • Macroeconomic headwinds, tariffs, and potential FX tailwind reversal
  • Competitive AI positioning uncertainty versus Google and others
  • Regulatory and legal proceedings disclosed in SEC filings

Questions analysts left open

  • Duration and extent of supply constraints on iPhone and Mac models
  • Impact of memory cost increases on gross margins beyond June quarter
  • Sustainability of Services margin growth and advertising contribution
  • Competitive positioning in AI and agentic smartphone space

Ask FN2 about AAPL next report

Transcript, numbers and history already loaded
What should I watch for in AAPL's next earnings report?How did AAPL guide last quarter, and is consensus above or below that?Give me the bull and bear case going into AAPL earnings.

Free account. Your question opens in FN2 with this report's transcript and numbers attached.

Get the AAPL recap when the next report posts

One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.

Recent AAPL quarters

All AAPL earnings
+0.4%FY2026 Q2

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q2

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.