KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Apple (AAPL) Gross Margin (2016 - 2025)

Apple (AAPL) has disclosed Gross Margin for 17 consecutive years, with 48.16% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Gross Margin rose 128.0% year-over-year to 48.16%, compared with a TTM value of 47.33% through Dec 2025, up 81.0%, and an annual FY2025 reading of 46.91%, up 70.0% over the prior year.
  • Gross Margin was 48.16% for Q4 2025 at Apple, up from 47.18% in the prior quarter.
  • Across five years, Gross Margin topped out at 48.16% in Q4 2025 and bottomed at 42.2% in Q3 2021.
  • Average Gross Margin over 5 years is 44.93%, with a median of 44.84% recorded in 2023.
  • The sharpest move saw Gross Margin skyrocketed 529bps in 2021, then tumbled -80bps in 2022.
  • Year by year, Gross Margin stood at 43.76% in 2021, then dropped by -2bps to 42.96% in 2022, then increased by 7bps to 45.87% in 2023, then increased by 2bps to 46.88% in 2024, then grew by 3bps to 48.16% in 2025.
  • Business Quant data shows Gross Margin for AAPL at 48.16% in Q4 2025, 47.18% in Q3 2025, and 46.49% in Q2 2025.