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).

Result declared date: October 30, 2025.

Sources: Apple press release “Apple reports fourth quarter results” and consolidated financial statements / earnings call.

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