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Mar 26, 2022

Apple Q2 2022 Earnings Report

Revenue increased by 9% year over year, reaching a new March quarter record, with Services revenue hitting an all-time high.

Key Takeaways

Apple's Q2 2022 financial results revealed a record March quarter revenue of $97.3 billion, a 9% increase year-over-year, and quarterly earnings per diluted share of $1.52.

Record March quarter revenue achieved.

Services revenue reached an all-time high.

iPhone, Mac, and Wearables, Home and Accessories set March quarter revenue records.

Operating performance generated over $28 billion in operating cash flow.

Total Revenue
$97.3B
Previous year: $89.6B
+8.6%
EPS
$1.52
Previous year: $1.4
+8.6%
Gross Profit
$42.6B
Previous year: $38.1B
+11.8%
Cash and Equivalents
$28.1B
Previous year: $38.5B
-27.0%
Free Cash Flow
$25.7B
Previous year: $21.7B
+18.1%
Total Assets
$351B
Previous year: $337B
+4.0%

Apple

Apple

Apple Revenue by Segment

Apple Revenue by Geographic Location

Forward Guidance

The press release contains forward-looking statements regarding plans for return of capital, the payment of its quarterly dividend, and its investment plans and environmental initiatives.

Revenue & Expenses

Visualization of income flow from segment revenue to net income