Apple (AAPL) EBITDA Margin (2009 - 2026)
Apple (AAPL) reported EBITDA Margin of 32.28% for Q1 2026, up 125.0% on a YoY basis from 14.34% in Q1 2025, and down 8.76% quarter-over-quarter from 35.37% in Q4 2025.
Apple (AAPL) EBITDA Margin (2009 - 2026) Analysis & Trends
Apple has reported EBITDA Margin for 18 years, with the latest figure at 32.28% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin rose 125.0% year-over-year to 32.28%; the trailing twelve-month figure through Mar 2026 stood at 32.64% (up 83.0% YoY), and the FY2025 full-year result was 31.97%, up 46.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 32.28%, down from 35.37% in the prior quarter.
- The five-year high for EBITDA Margin was 35.37% in Q4 2025, with the low at 27.62% in Q3 2022.
- Historically, EBITDA Margin has averaged 30.89% across 5 years, with a median of 30.74% in 2024.
- Annual changes were most pronounced in 2022 — EBITDA Margin sank 273 bps — and 2023, when it soared 302 bps.
- Apple's EBITDA Margin stood at 30.74% in 2022, then gained by 10 bps to 33.76% in 2023, then increased by 2 bps to 34.46% in 2024, then grew by 3 bps to 35.37% in 2025, then decreased by 9 bps to 32.28% in 2026.
- The last three EBITDA Margin figures came in at 32.28% (Q1 2026), 35.37% (Q4 2025), and 31.65% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,366.25 Bn | 4,297.75 Bn | 54.78 Bn | 32.28% |
| 2 | Sonos | 1.75 Bn | 1.50 Bn | 124.65 Mn | -10.91% |
| 3 | Zepp Health | 1.27 Bn | 1.16 Bn | 34.42 Mn | -4.55% |
| 4 | Turtle Beach | 267.51 Mn | 255.19 Mn | 11.29 Mn | -33.34% |
| 5 | Vuzix | 257.23 Mn | 236.08 Mn | 375,000.00 | 810.06% |
| 6 | Sony | 114.28 Mn | -18.94 Bn | 5.96 Bn | 5.39% |
| 7 | UTime | 53.53 Mn | 52.80 Mn | - | - |
| 8 | Axil Brands | 40.77 Mn | 35.25 Mn | 5.04 Mn | 2.94% |
| 9 | Koss | 37.77 Mn | 18.91 Mn | 1.00 Mn | -25.46% |
| 10 | Foxx Development Holdings | 20.59 Mn | 17.40 Mn | -1.45 Mn | -418.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 26, 2021 | 29.63% |