Apple (AAPL) FCF Margin (2009 - 2026)

Apple (AAPL) posted FCF Margin of 24.04% for Q1 2026, down 32.96% quarter-over-quarter from 35.86% in Q4 2025, and up 214.0% year-on-year from 7.66% in Q1 2025.

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

Apple (AAPL) has reported FCF Margin for 18 consecutive years, with 24.04% the latest figure, recorded in Q1 2026.

  • FCF Margin for Q1 2026 came in at 24.04%, up 214.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 28.61% (up 401.0% YoY), and the FY2025 annual result was 23.73%, down 409.0% from the prior year.
  • FCF Margin was 24.04% for Q1 2026 at Apple, down from 35.86% in the prior quarter.
  • Over five years, FCF Margin peaked at 35.86% in Q4 2025 and troughed at 21.72% in Q3 2023.
  • Average FCF Margin over 5 years is 26.15%, with a median of 25.79% recorded in 2022.
  • Year-over-year, FCF Margin plunged 984 bps in 2022 and jumped 1414 bps in 2025.
  • Over 5 years, FCF Margin stood at 25.79% in 2022, then gained by 22 bps to 31.36% in 2023, then tumbled by 31 bps to 21.72% in 2024, then jumped by 65 bps to 35.86% in 2025, then slumped by 33 bps to 24.04% in 2026.
  • Per Business Quant data, the three most recent FCF Margin figures were 24.04% in Q1 2026, 35.86% in Q4 2025, and 25.85% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Apple 4,319.52 Bn 4,251.01 Bn 54.78 Bn 24.04%
2 Sonos 1.61 Bn 1.36 Bn 124.65 Mn -24.16%
3 Zepp Health 1.32 Bn -101.84 Bn 19.44 Mn -
4 Vuzix 214.94 Mn 193.79 Mn 375,000.00 -277.64%
5 UTime 79.34 Mn 37.42 Mn - -
6 Universal Electronics 59.18 Mn 29.36 Mn 20.60 Mn -1.96%
7 Axil Brands 44.10 Mn 38.58 Mn 5.04 Mn 7.58%
8 Foxx Development Holdings 23.69 Mn 20.50 Mn -1.45 Mn 16.50%
9 Fenbo Holdings 10.51 Mn 7.81 Mn - -
10 Emerson Radio 7.58 Mn -4.72 Mn -122,000.00 -61.48%

Historic Data

Download Data
DateValue
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%