Apple (AAPL) FCF Margin (2009 - 2026)
Apple (AAPL) posted quarterly FCF Margin of 29.17% for Q2 2026, up 321.0% year-over-year from 6.93% in Q2 2025, and up 21.32% on a QoQ basis from 24.04% in Q1 2026.
Apple (AAPL) FCF Margin (2009 - 2026) Analysis & Trends
Apple has reported FCF Margin for 18 years, with the latest figure at 29.17% in Q2 2026.
- FCF Margin for Q2 2026 came in at 29.17%, up 321.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 29.28% (up 574.0% YoY), and the FY2025 annual result was 23.73%, down 409.0% from the prior year.
- FCF Margin grew to 29.17% in Q2 2026, from 24.04% in the prior quarter.
- Over five years, FCF Margin peaked at 35.86% in Q4 2025 and troughed at 21.72% in Q3 2023.
- A 5-year average of 26.32% and a median of 25.82% in 2022 frame the typical range for FCF Margin.
- The widest annual swing landed in 2022, when FCF Margin sank 984 bps; it then surged 1414 bps in 2025.
- A 5-year view of FCF Margin shows it stood at 25.79% in 2022, then grew by 22 bps to 31.36% in 2023, then slumped by 31 bps to 21.72% in 2024, then jumped by 65 bps to 35.86% in 2025, then decreased by 19 bps to 29.17% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 29.17% in Q2 2026, 24.04% in Q1 2026, and 35.86% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,565.89 Bn | 4,503.49 Bn | 54.77 Bn | 29.17% |
| 2 | Sony | 133.27 Bn | 119.42 Bn | 6.53 Bn | 6.96% |
| 3 | Sonos | 1.90 Bn | 1.64 Bn | 189.31 Mn | 10.74% |
| 4 | LG Display | 1.63 Bn | 486.32 Mn | 277.60 Mn | 378,124.71% |
| 5 | Zepp Health | 1.18 Bn | -101.97 Bn | 19.44 Mn | - |
| 6 | Turtle Beach | 268.88 Mn | 256.56 Mn | 11.29 Mn | 69.01% |
| 7 | Vuzix | 199.81 Mn | 178.66 Mn | 375,000.00 | -335.17% |
| 8 | Universal Electronics | 60.07 Mn | 30.24 Mn | 20.60 Mn | -1.96% |
| 9 | Axil Brands | 38.46 Mn | 32.94 Mn | 5.04 Mn | 7.58% |
| 10 | Koss | 35.59 Mn | 16.74 Mn | 1.00 Mn | -20.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 29.17% |
| 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% |