Apple to release Q3 2025 earnings results on Thursday, July 31

Today, Apple announced that it will report its quarterly results for April, May, and June on July 31st. Here’s what to expect.

Last year, Apple reported $85.8 billion in revenue, which was a record for a fiscal Q3, and a 4.8% increase year over year.

Product-wise, iPad revenue grew 24% thanks to the release of the M4 iPad Pro and the M2 iPad Air, Mac revenue grew 2%, iPhone revenue dropped 1%, while Wearable, Home, and Accessories dropped 2%.

Services saw its usual double-digit grown, maintaining the same 14% growth Apple had seen the pior quarter.

What to expect this time around

During the Q2 2025 results conference call, Apple CFO Kevan Parekh said the following:

“We expect our June quarter total company revenue to grow low to mid single digits year over year. We expect gross margin to be between 45.5% and 46.5%, which includes the estimated impact of the $900 million of tariff-related costs that Tim referred to earlier.”

While Apple didn’t release new products during Q3 2025, it reportedly has been able to increase iPhone sales in China, where revenue has been lagging for almost two years. In the U.S., Apple may also benefit from a reported surge of iPhone sales that happened during the height of Trump’s trade war tensions with China.

Following the release, Apple will hold a “conference call to discuss third fiscal quarter results and business updates”, at 2:00 p.m. PT / 5:00 p.m. ET.

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