Apple (AAPL) FCF Margin (2009 - 2026)
Apple's (AAPL) quarterly FCF Margin came in at 29.17% in Q2 2026, up 321.0% on a YoY basis from 6.93% in Q2 2025, and up 21.32% quarter-over-quarter from 24.04% in Q1 2026.
Analysis
Apple (AAPL) FCF Margin (2009 - 2026) Analysis & Trends
Apple (AAPL) has reported FCF Margin for 18 consecutive years, with 29.17% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin rose 321.0% year-over-year to 29.17%; the trailing twelve-month figure through Jun 2026 stood at 29.28% (up 574.0% YoY), and the FY2025 full-year result was 23.73%, down 409.0% from the prior year.
- FCF Margin grew to 29.17% in Q2 2026 per AAPL's latest filing, from 24.04% in the prior quarter.
- Across five years, FCF Margin topped out at 35.86% in Q4 2025 and bottomed at 21.72% in Q3 2023.
- Historically, FCF Margin has averaged 26.32% across 5 years, with a median of 25.82% in 2022.
- The sharpest annual moves came in 2022 and 2025: FCF Margin tumbled 984 bps in 2022, then soared 1414 bps in 2025.
- Over 5 years, FCF Margin stood at 25.79% in 2022, then rose by 22 bps to 31.36% in 2023, then slumped by 31 bps to 21.72% in 2024, then soared by 65 bps to 35.86% in 2025, then dropped by 19 bps to 29.17% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 29.17%, 24.04%, and 35.86% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,859.45 Bn | 4,797.05 Bn | 54.77 Bn | 29.17% |
| 2 | Garmin | 53.81 Bn | 51.14 Bn | 1.26 Bn | 13.64% |
| 3 | Vuzix | 211.42 Mn | 194.13 Mn | -645,411.00 | - |
| 4 | Zepp Health | 69.33 Mn | -328,416.31 | 23.73 Mn | - |
| 5 | Foxx Development Holdings | 17.72 Mn | 14.53 Mn | -1.45 Mn | 16.50% |
| 6 | Wearable Devices | 652,391.50 | -18.19 Mn | - | - |
Historic Data
Download Data
Historic 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% |