Apple (AAPL) Net Margin (2009 - 2026)

Apple has reported Net Margin for 18 years, with the latest figure at 27.23% in Q2 2026.

• Net Margin for Q2 2026 came in at 27.23%, up 230.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 27.62% (up 332.0% YoY), and the FY2025 annual result was 26.92%, up 294.0% from the prior year.
• Net Margin climbed to 27.23% in Q2 2026, from 26.6% in the prior quarter.
• Over five years, Net Margin peaked at 29.28% in Q4 2025 and troughed at 15.52% in Q3 2024.
• A 5-year average of 25.45% and a median of 25.68% in 2023 frame the typical range for Net Margin.
• The widest annual swing landed in 2024, when Net Margin plunged 1013 bps; it then soared 1128 bps in 2025.
• A 5-year view of Net Margin shows it stood at 25.61% in 2022, then gained by 11 bps to 28.36% in 2023, then advanced by 3 bps to 29.23% in 2024, then increased by 0 bps to 29.28% in 2025, then retreated by 7 bps to 27.23% in 2026.
• Per Business Quant data, the three most recent Net Margin figures were 27.23% in Q2 2026, 26.6% in Q1 2026, and 29.28% in Q4 2025.