Apple (AAPL) Net Margin (2009 - 2026)

Apple (AAPL) has reported Net Margin for 18 consecutive years, with 26.6% the latest figure, recorded in Q1 2026.

• Net Margin for Q1 2026 came in at 26.6%, up 62.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 27.15% (up 285.0% YoY), and the FY2025 annual result was 26.92%, up 294.0% from the prior year.
• Net Margin was 26.6% for Q1 2026 at Apple, down from 29.28% in the prior quarter.
• Over five years, Net Margin peaked at 29.28% in Q4 2025 and troughed at 15.52% in Q3 2024.
• Average Net Margin over 5 years is 25.35%, with a median of 25.65% recorded in 2023.
• Year-over-year, Net Margin tumbled 1013 bps in 2024 and surged 1128 bps in 2025.
• Over 5 years, Net Margin stood at 25.61% in 2022, then grew by 11 bps to 28.36% in 2023, then increased by 3 bps to 29.23% in 2024, then advanced by 0 bps to 29.28% in 2025, then retreated by 9 bps to 26.6% in 2026.
• Per Business Quant data, the three most recent Net Margin figures were 26.6% in Q1 2026, 29.28% in Q4 2025, and 26.8% in Q3 2025.