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
DateValue
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%