Apple (AAPL) Net Margin (2009 - 2026)

Apple has reported Net Margin for 18 years, with the latest figure 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.
• The five-year high for Net Margin was 29.28% in Q4 2025, with the low at 15.52% in Q3 2024.
• Historically, Net Margin has averaged 25.35% across 5 years, with a median of 25.65% in 2023.
• Annual changes were most pronounced in 2024 — Net Margin sank 1013 bps — and 2025, when it soared 1128 bps.
• Apple's Net Margin 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 dropped 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.