Apple Inc. (AAPL) Gross margin 2016–2025
Apple Inc. (AAPL) gross margin by fiscal year — reported gross profit divided by reported revenue.
46.9%FY2025 · since FY2016: 39.1% → 46.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 46.9% | +0.7 pp |
| FY2024 | 46.2% | +2.1 pp |
| FY2023 | 44.1% | +0.8 pp |
| FY2022 | 43.3% | +1.5 pp |
| FY2021 | 41.8% | +3.5 pp |
| FY2020 | 38.2% | +0.4 pp |
| FY2019 | 37.8% | -0.5 pp |
| FY2018 | 38.3% | -0.1 pp |
| FY2017 | 38.5% | -0.6 pp |
| FY2016 | 39.1% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice
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