Apple (AAPL) FCF Margin (2009 - 2026)
Apple (AAPL) reported FCF Margin of 24.04% for Q1 2026, up 214.0% on a YoY basis from 7.66% in Q1 2025, and down 32.96% quarter-over-quarter from 35.86% in Q4 2025.
Apple (AAPL) FCF Margin (2009 - 2026) Analysis & Trends
Apple has reported FCF Margin for 18 years, with the latest figure at 24.04% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 214.0% year-over-year to 24.04%; the trailing twelve-month figure through Mar 2026 stood at 28.61% (up 401.0% YoY), and the FY2025 full-year result was 23.73%, down 409.0% from the prior year.
- FCF Margin for Q1 2026 stood at 24.04%, down from 35.86% in the prior quarter.
- The five-year high for FCF Margin was 35.86% in Q4 2025, with the low at 21.72% in Q3 2023.
- Historically, FCF Margin has averaged 26.15% across 5 years, with a median of 25.79% in 2022.
- Annual changes were most pronounced in 2022 — FCF Margin slumped 984 bps — and 2025, when it surged 1414 bps.
- Apple's FCF Margin stood at 25.79% in 2022, then grew by 22 bps to 31.36% in 2023, then plunged by 31 bps to 21.72% in 2024, then jumped by 65 bps to 35.86% in 2025, then tumbled by 33 bps to 24.04% in 2026.
- The last three FCF Margin figures came in at 24.04% (Q1 2026), 35.86% (Q4 2025), and 25.85% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,366.25 Bn | 4,297.75 Bn | 54.78 Bn | 24.04% |
| 2 | Sonos | 1.75 Bn | 1.50 Bn | 124.65 Mn | -24.16% |
| 3 | Zepp Health | 1.27 Bn | 1.16 Bn | 34.42 Mn | - |
| 4 | Turtle Beach | 267.51 Mn | 255.19 Mn | 11.29 Mn | 69.01% |
| 5 | Vuzix | 257.23 Mn | 236.08 Mn | 375,000.00 | -277.64% |
| 6 | Sony | 114.28 Mn | -18.94 Bn | 5.96 Bn | 19.51% |
| 7 | UTime | 53.53 Mn | 52.80 Mn | - | - |
| 8 | Axil Brands | 40.77 Mn | 35.25 Mn | 5.04 Mn | 7.58% |
| 9 | Koss | 37.77 Mn | 18.91 Mn | 1.00 Mn | -20.76% |
| 10 | Foxx Development Holdings | 20.59 Mn | 17.40 Mn | -1.45 Mn | 16.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 24.04% |
| Dec 27, 2025 | 35.86% |
| Sep 27, 2025 | 25.85% |
| Jun 28, 2025 | 25.95% |
| Mar 29, 2025 | 21.90% |
| Dec 28, 2024 | 21.72% |
| Sep 28, 2024 | 25.18% |
| Jun 29, 2024 | 31.14% |
| Mar 30, 2024 | 22.80% |
| Dec 30, 2023 | 31.36% |
| Sep 30, 2023 | 21.72% |
| Jul 1, 2023 | 29.69% |
| Apr 1, 2023 | 27.04% |
| Dec 31, 2022 | 25.79% |
| Sep 24, 2022 | 23.12% |
| Jun 25, 2022 | 25.06% |
| Mar 26, 2022 | 26.37% |
| Dec 25, 2021 | 35.63% |
| Sep 25, 2021 | 20.37% |
| Jun 26, 2021 | 23.33% |