Apple AAPL
NASDAQ AAPL
$331.34 -1.74 (-0.52%)
As of: Sep 15, 2026 · 3:59 PM EDT

Apple (AAPL) EBITDA Margin (2009 - 2026)

Apple's (AAPL) quarterly EBITDA Margin came in at 32.62% in Q2 2026, up 263.0% on a YoY basis from 8.99% in Q2 2025, and up 1.08% quarter-over-quarter from 32.28% in Q1 2026.

Analysis

Apple (AAPL) EBITDA Margin (2009 - 2026) Analysis & Trends

Apple (AAPL) has reported EBITDA Margin for 18 consecutive years, with 32.62% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EBITDA Margin rose 263.0% year-over-year to 32.62%; the trailing twelve-month figure through Jun 2026 stood at 33.17% (up 131.0% YoY), and the FY2025 full-year result was 31.97%, up 46.0% from the prior year.
  • EBITDA Margin improved to 32.62% in Q2 2026 per AAPL's latest filing, from 32.28% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 35.37% in Q4 2025 and bottomed at 27.62% in Q3 2022.
  • Historically, EBITDA Margin has averaged 30.99% across 5 years, with a median of 30.78% in 2022.
  • The sharpest annual moves came in 2022 and 2023: EBITDA Margin slumped 273 bps in 2022, then jumped 302 bps in 2023.
  • Over 5 years, EBITDA Margin stood at 30.74% in 2022, then climbed by 10 bps to 33.76% in 2023, then gained by 2 bps to 34.46% in 2024, then rose by 3 bps to 35.37% in 2025, then slipped by 8 bps to 32.62% in 2026.
  • According to Business Quant data, EBITDA Margin over the past three periods registered 32.62%, 32.28%, and 35.37% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Apple 4,859.45 Bn 4,797.05 Bn 54.77 Bn 32.62%
2 Garmin 53.81 Bn 51.14 Bn 1.26 Bn 30.44%
3 Vuzix 211.42 Mn 194.13 Mn -645,411.00 -661.76%
4 Zepp Health 69.33 Mn -328,416.31 23.73 Mn -19.37%
5 Foxx Development Holdings 17.72 Mn 14.53 Mn -1.45 Mn -391.93%
6 Wearable Devices 652,391.50 -18.19 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 27, 2026 32.62%
Mar 28, 2026 32.28%
Dec 27, 2025 35.37%
Sep 27, 2025 31.65%
Jun 28, 2025 29.99%
Mar 29, 2025 31.03%
Dec 28, 2024 34.46%
Sep 28, 2024 31.17%
Jun 29, 2024 29.56%
Mar 30, 2024 30.74%
Dec 30, 2023 33.76%
Sep 30, 2023 30.13%
Jul 1, 2023 28.12%
Apr 1, 2023 29.86%
Dec 31, 2022 30.74%
Sep 24, 2022 27.62%
Jun 25, 2022 27.82%
Mar 26, 2022 30.82%
Dec 25, 2021 33.47%
Sep 25, 2021 28.53%