Apple today announced its fiscal third quarter 2025 (calendar second quarter 2025) revenue results. The Company posted quarterly revenue of $94.0 billion and net quarterly profit of $23.4 billion, or $1.57 per diluted share, compared to revenue of $85.8 billion and net quarterly profit of $21.4 billion, or $1.40 per diluted share, in the year-ago quarter.
Gross margin for the quarter was 46.5%, compared to 46.3% in the year-ago quarter.
Apple’s board of directors has declared a cash dividend of $0.26 per share of the Company’s common stock. The dividend is payable on August 14, 2025 to shareholders of record as of the close of business on August 11, 2025.
“Today Apple is proud to report a June quarter revenue record with double-digit growth in iPhone, Mac and Services and growth around the world, in every geographic segment,” said Tim Cook, Apple’s CEO. “At WWDC25, we were excited to introduce a beautiful new software design that extends across all of our platforms, and we announced even more great Apple Intelligence features.”
“We are very pleased with our record business performance for the June quarter, which generated EPS growth of 12 percent,” said Kevan Parekh, Apple’s CFO. “Our installed base of active devices also reached a new all-time high across all product categories and geographic segments, thanks to our very high levels of customer satisfaction and loyalty.”
As they’ve done for more than five years, Apple is once again not issuing any guidance for the current quarter, which ends in September.
Thomas Monteiro, senior analyst at Investing.com had the following comments about today’s financials:
“Investors should not underestimate the fact that Apple delivered a massive revenue beat — and the biggest revenue growth in dollar terms since 2021 — in its slowest quarter of the year. This is even more impressive given the number of headwinds the company faced during the quarter, both on the macro and internal fronts.
“While there was significant support from a weaker dollar, the real point of interest is the success of Apple’s ecosystem strategy in the quarter. Between the still incredibly resilient iPhone demand despite the perceived lack of innovation, and the massive, double-digit growth in services, it seems that most of the worries about a slowdown in demand were overpriced in the stock.
“Overall, Apple consumers are still interested in the company’s staple offerings, even if the promised, massive Apple Intelligence suite of AI-powered products may still need time to come through.
“Looking ahead to Apple’s most important stretch of the year, today’s results provide a better mixture of higher-margin offerings — particularly saving the company from an anticipated compression to the mid-45% range — which would have potentially dampened its ability to increase AI spending in the face of growing competition in the space.
“But while these numbers certainly buy Apple time, the fact is that investors — and consumers — remain laser-focused on AI innovation. And Apple still has a long way to go in this game.”
