#apple
Financial analysis and earnings reports for Apple Inc (AAPL)
Apple's fiscal Q3 2026 (June quarter) delivered $109.4B revenue (+16% YoY), $2.02 diluted EPS (+29%), and a 50.1% gross margin — roughly 2 points of it a one-time tariff refund worth $0.11 of EPS. iPhone, Mac and Services each set June quarter records, every geography grew double digits, and the full FY2021–FY2026Q3 income statements and balance sheets sit in a public Beancount ledger.
Most indie developers are principals under ASC 606's principal-versus-agent test, so a $9.99 App Store sale is $9.99 of revenue plus a $3.00 platform-fee cost of sales — not a $6.99 net deposit. Here's the three-indicator control test, current Apple and Google fee tiers, and the exact journal entries to book it correctly.
Apple's Q2 FY2026 revenue reached $111.2 billion (+17% YoY) with expanding margins across every geographic segment, and a new $100 billion buyback authorization pushed retained earnings positive for the first time since fiscal 2021. Full income statement and balance sheet, FY2021-Q2 FY2026, in a public Beancount ledger.
