Apple (AAPL) Gross Margin (2009 - 2026)

Apple (AAPL) has reported Gross Margin for 18 consecutive years, with 49.27% the latest figure, recorded in Q1 2026.

• Gross Margin for Q1 2026 came in at 49.27%, up 222.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 47.86% (up 123.0% YoY), and the FY2025 annual result was 46.91%, up 70.0% from the prior year.
• Gross Margin was 49.27% for Q1 2026 at Apple, up from 48.16% in the prior quarter.
• Over five years, Gross Margin peaked at 49.27% in Q1 2026 and troughed at 42.26% in Q3 2022.
• Average Gross Margin over 5 years is 45.66%, with a median of 46.22% recorded in 2024.
• Year-over-year, Gross Margin plunged 80 bps in 2022 and surged 291 bps in 2023.
• Over 5 years, Gross Margin stood at 42.96% in 2022, then rose by 7 bps to 45.87% in 2023, then rose by 2 bps to 46.88% in 2024, then advanced by 3 bps to 48.16% in 2025, then rose by 2 bps to 49.27% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 49.27% in Q1 2026, 48.16% in Q4 2025, and 47.18% in Q3 2025.