Apple (AAPL) Net Margin (2009 - 2026)
Apple posted quarterly Net Margin of 26.6% for Q1 2026, up 62.0% year-on-year from 16.42% in Q1 2025, and down 9.15% on a QoQ basis from 29.28% in Q4 2025.
Apple (AAPL) has 18 years of Net Margin data on file, last reported at 26.6% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 62.0% year-over-year to 26.6%; the trailing twelve-month figure through Mar 2026 stood at 27.15% (up 285.0% YoY), and the FY2025 full-year result was 26.92%, up 294.0% from the prior year.
- Net Margin for Q1 2026 stood at 26.6%, down from 29.28% in the prior quarter.
- Across five years, Net Margin topped out at 29.28% in Q4 2025 and bottomed at 15.52% in Q3 2024.
- The 5-year median for Net Margin is 25.65% (2023), against an average of 25.35%.
- The widest annual swing landed in 2024, when Net Margin tumbled 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 advanced by 11 bps to 28.36% in 2023, then climbed by 3 bps to 29.23% in 2024, then rose by 0 bps to 29.28% in 2025, then declined by 9 bps to 26.6% in 2026.
- The last three Net Margin figures came in at 26.6% (Q1 2026), 29.28% (Q4 2025), and 26.8% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,505.01 Bn | 4,436.50 Bn | 54.78 Bn | 26.60% |
| 2 | Sonos | 1.95 Bn | 1.70 Bn | 124.65 Mn | -10.26% |
| 3 | Zepp Health | 1.91 Bn | 1.80 Bn | 34.42 Mn | 0.16% |
| 4 | Vuzix | 331.33 Mn | 310.18 Mn | 375,000.00 | -385.76% |
| 5 | Turtle Beach | 256.59 Mn | 244.27 Mn | 11.29 Mn | -36.06% |
| 6 | Axil Brands | 44.33 Mn | 38.81 Mn | 5.04 Mn | 2.78% |
| 7 | Koss | 39.85 Mn | 21.00 Mn | 1.00 Mn | -19.35% |
| 8 | Foxx Development Holdings | 34.37 Mn | 31.18 Mn | -1.45 Mn | -418.52% |
| 9 | GoPro | 12.18 Mn | -28.54 Mn | 4.31 Mn | -81.54% |
| 10 | Emerson Radio | 8.47 Mn | -4.82 Mn | 206,000.00 | -36.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 26.60% |
| Dec 27, 2025 | 29.28% |
| Sep 27, 2025 | 26.80% |
| Jun 28, 2025 | 24.92% |
| Mar 29, 2025 | 25.99% |
| Dec 28, 2024 | 29.23% |
| Sep 28, 2024 | 15.52% |
| Jun 29, 2024 | 25.00% |
| Mar 30, 2024 | 26.04% |
| Dec 30, 2023 | 28.36% |
| Sep 30, 2023 | 25.65% |
| Jul 1, 2023 | 24.31% |
| Apr 1, 2023 | 25.48% |
| Dec 31, 2022 | 25.61% |
| Sep 24, 2022 | 22.99% |
| Jun 25, 2022 | 23.44% |
| Mar 26, 2022 | 25.71% |
| Dec 25, 2021 | 27.94% |
| Sep 25, 2021 | 24.65% |
| Jun 26, 2021 | 26.70% |
| Mar 27, 2021 | 26.38% |
| Dec 26, 2020 | 25.80% |
| Sep 26, 2020 | 19.59% |
| Jun 27, 2020 | 18.85% |
| Mar 28, 2020 | 19.29% |
| Dec 28, 2019 | 24.22% |
| Sep 28, 2019 | 21.37% |
| Jun 29, 2019 | 18.67% |
| Mar 30, 2019 | 19.93% |
| Dec 29, 2018 | 23.68% |
| Sep 29, 2018 | 22.46% |
| Jun 30, 2018 | 21.63% |
| Mar 31, 2018 | 22.61% |
| Dec 30, 2017 | 22.73% |
| Sep 30, 2017 | 20.38% |
| Jul 1, 2017 | 19.20% |
| Apr 1, 2017 | 20.85% |
| Dec 31, 2016 | 22.83% |
| Sep 24, 2016 | 19.24% |
| Jun 25, 2016 | 18.41% |
| Mar 26, 2016 | 20.80% |
| Dec 26, 2015 | 24.20% |
| Sep 26, 2015 | 21.60% |
| Jun 27, 2015 | 21.52% |
| Mar 28, 2015 | 23.39% |
| Dec 27, 2014 | 24.16% |
| Sep 27, 2014 | 20.10% |
| Jun 28, 2014 | 20.70% |
| Mar 29, 2014 | 22.40% |
| Dec 28, 2013 | 22.70% |
| Sep 28, 2013 | 20.05% |
| Jun 29, 2013 | 19.53% |
| Mar 30, 2013 | 21.90% |
| Dec 29, 2012 | 23.99% |
| Sep 29, 2012 | 58.93% |
| Jun 30, 2012 | 25.19% |
| Mar 31, 2012 | 29.66% |
| Dec 31, 2011 | 28.20% |
| Sep 24, 2011 | 49.90% |
| Jun 25, 2011 | 25.58% |
| Mar 26, 2011 | 24.27% |
| Dec 25, 2010 | 22.45% |
| Sep 25, 2010 | 40.78% |
| Jun 26, 2010 | 20.72% |
| Mar 27, 2010 | 22.77% |
| Dec 26, 2009 | 21.54% |
| Sep 26, 2009 | 47.85% |
| Jun 27, 2009 | 18.78% |
| Mar 28, 2009 | 17.83% |