Apple Inc. (AAPL) Net margin 2016–2025
Apple Inc. (AAPL) net profit margin by fiscal year — reported net income divided by reported revenue.
26.9%FY2025 · since FY2016: 21.2% → 26.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 26.9% | +2.9 pp |
| FY2024 | 24.0% | -1.3 pp |
| FY2023 | 25.3% | -0.0 pp |
| FY2022 | 25.3% | -0.6 pp |
| FY2021 | 25.9% | +5.0 pp |
| FY2020 | 20.9% | -0.3 pp |
| FY2019 | 21.2% | -1.2 pp |
| FY2018 | 22.4% | +1.3 pp |
| FY2017 | 21.1% | -0.1 pp |
| FY2016 | 21.2% | — |
Net margin = reported net income ÷ reported revenue for the same fiscal year. Loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice