Apple (AAPL) Q4 FY2025 Results
Apple (AAPL) Q4 FY2025 Results — Year-on-Year Comparison
Result declared: October 30, 2025
Quarter ended September 27, 2025 — source: Apple press release & financial statements.
Disclaimer: This post is for informational purposes only and does not constitute investment advice.
Executive summary
Apple reported record September-quarter revenue of US$102.5 billion, up 8% year-on-year. The company reported net income of roughly US$27.5 billion and diluted EPS of US$1.85 (adjusted basis). iPhone revenue and Services both set September-quarter records. These results capped off a record fiscal year for Apple.
Key numbers: Revenue US$102.5B (+8% YoY), Net income ~US$27.5B, Diluted EPS US$1.85 (adjusted).
Quarterly results — Year-on-Year comparison (three months ended Sept)
| Metric | Q4 FY2025 | Q4 FY2024 | YoY % change |
|---|---|---|---|
| Revenue | US$102,500 (in millions) | US$94,900 (in millions) | +8% |
| Net income | US$27,500 | US$14,740 | +~87% |
| Diluted earnings per share (EPS) | US$1.85 | US$0.97 | +~91% |
Note: Q4 FY2024 figures were affected by a one-time income tax charge related to the reversal of a prior State-Aid decision; see Apple’s reconciliation of GAAP to non-GAAP results in the company filing for details. Numbers are rounded to the nearest million/dollar for readability.
Context & commentary
- Apple cited record Services revenue and strong demand for the iPhone 17 lineup as primary drivers of the September quarter.
- The company closed fiscal 2025 with record annual revenue (~US$416.2B) and record annual net income (~US$112.0B). These annual figures were highlighted in the company release and year-end financial statements.
- Apple also provided forward commentary on the December quarter (holiday) outlook — expecting double-digit revenue growth on management commentary (see earnings materials for guidance language).
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