Apple today announced its fiscal second quarter 2025 (calendar first quarter 2025) revenue results. The Company posted quarterly revenue of $95.4 billion and a net quarterly profit of $24.8 billion, or $1.65 per diluted share, compared to revenue of $90.8 billion and net quarterly profit of $23.6 billion, or $1.53 per diluted share, in the year-ago quarter.
Gross margin for the quarter was 47.1%, compared to 46.6% in the year-ago quarter. Services revenue reached an all-time high during the quarter, while earnings per share set a March quarter record.
Apple’s board of directors has declared a cash dividend of $0.26 per share of the Company’s common stock, an increase of 4%. The dividend is payable on May 15, 2025 to shareholders of record as of the close of business on May 12, 2025. The board of directors has also authorized an additional program to repurchase up to $100 billion of the Company’s common stock.
“Today Apple is reporting strong quarterly results, including double-digit growth in Services,” said Tim Cook, Apple’s CEO. “We were happy to welcome iPhone 16e to our lineup, and to introduce powerful new Macs and iPads that take advantage of the extraordinary capabilities of Apple silicon. And we were proud to announce that we’ve cut our carbon emissions by 60 percent over the past decade.”
“Our March quarter business performance drove EPS growth of 8 percent and $24 billion in operating cash flow, allowing us to return $29 billion to shareholders,” said Kevan Parekh, Apple’s CFO. “And thanks to our high levels of customer loyalty and satisfaction, our installed base of active devices once again reached a new all-time high across all product categories and geographic segments.”
As they’ve done for more than five years, Apple is once again not issuing any guidance for the current quarter, which ends in June.