As of Q1'26 (2025-12-27), Apple’s latest reported net income reached USD 42.1B, marking the highest quarterly figure in the period shown. The year-over-year growth rate for this quarter was 15.87%, indicating a strong rebound compared to previous quarters. From Q2'23 to Q1'26, Apple’s net income exhibited notable volatility, with significant peaks in Q1'24 (USD 33.9B), Q1'25 (USD 36.3B), and a new high in Q1'26. The company experienced a sharp decline in Q4'24 (USD 14.7B, -35.81% YoY), followed by a rapid recovery and substantial YoY growth in Q4'25 (86.39%) and Q1'26. Overall, the trend highlights pronounced seasonality and strong year-end performance, with intermittent periods of both contraction and robust expansion.