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Apple (AAPL) Gross Margin

Annual Gross Margin

46.21%
+2.08%+4.71%

September 28, 2024

Summary

Performance

1-Year Change

+4.71%

3-Year Change

+10.6%

5-Year Change

+22.18%

15-Year Change

+20.12%

AAPL Gross Margin Chart

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Highlights

Sector Rank

50.96%
AAPL annual gross profit margin is higher than 50.96% of companies in Technology sector

High & Low

All-time High

56.76%
AAPL annual gross profit margin is currently -18.59% below its historical high of 56.76%

3-Year Low

41.78%
AAPL annual gross profit margin is currently +10.60% above its 3-year low

Earnings dates

Last Annual Earnings Report Date

Sep 28, 2024
AAPL previous annual earnings announcement was published on Sep 28, 2024

Next Annual Earnings Report Date

N/A
AAPL next annual earnings announcement has not yet been scheduled

OtherAAPLprofitabilitymetrics:

Annual Revenue

$391.04 B
AAPL annual revenue is $391.04 billion

Annual Gross Profit

$180.68 B
AAPL annual gross profit is $180.68 billion

Annual Operating Margin

31.51%
AAPL annual operating profit margin is 31.51%

Annual Net Margin

23.97%
AAPL annual net profit margin is 23.97%

Quarterly Gross Margin

46.88%
+0.66%+1.43%

December 28, 2024

Summary

Performance

3-Month Change

+1.43%

1-Year Change

+2.18%

3-Year Change

+7.13%

5-Year Change

+10.28%

AAPL Quarterly Gross Margin Chart

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Highlights

Sector Rank

46.94%
AAPL quarterly gross profit margin is higher than 46.94% of companies in Technology sector

High & Low

All-time High

58.01%
AAPL quarterly gross profit margin is currently -19.19% below its historical high of 58.01%

3-Year Low

42.26%
AAPL quarterly gross profit margin is currently +10.93% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Dec 28, 2024
AAPL previous earnings announcement was published on Dec 28, 2024

Next Quarterly Earnings Report Date

May 2, 2025
AAPL next earnings announcement is scheduled for May 2, 2025

OtherAAPLprofitabilitymetrics:

Quarterly Revenue

$124.30 B
AAPL quarterly revenue is $124.30 billion

Quarterly Gross Profit

$58.27 B
AAPL quarterly gross profit is $58.27 billion

Quarterly Operating Margin

34.46%
AAPL quarterly operating profit margin is 34.46%

Quarterly Net Margin

29.23%
AAPL quarterly net profit margin is 29.23%

Gross Margin Formula

Gross Margin =  Gross Profit
Revenue ✕ 100%

Annual Gross Margin

46.21%
AAPL annual gross profit margin is 46.21%

Annual Gross Profit

$180.68 B
AAPL annual gross profit is $180.68 billion

Annual Revenue

$391.04 B
AAPL annual revenue is $391.04 billion

AAPL Gross Margin Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year+4.7%+2.2%
3 y3 years+10.6%+7.1%
5 y5 years+22.2%+10.3%

AAPL Gross Margin Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-yearat high+10.6%at high+10.9%
5 y5-yearat high+22.2%at high+23.4%
alltimeall time-18.6%+369.6%-19.2%+343.3%

Apple Gross Margin History

DateAnnualQuarterly
Dec 2024
-
46.88%(+1.4%)
Sep 2024
46.21%(+4.7%)
46.22%(-0.1%)
Jun 2024
-
46.26%(-0.7%)
Mar 2024
-
46.58%(+1.5%)
Dec 2023
-
45.88%(+1.6%)
Sep 2023
44.13%(+1.9%)
45.17%(+1.5%)
Jun 2023
-
44.52%(+0.6%)
Mar 2023
-
44.26%(+3.0%)
Dec 2022
-
42.96%(+1.7%)
Sep 2022
43.31%(+3.7%)
42.26%(-2.3%)
Jun 2022
-
43.26%(-1.1%)
Mar 2022
-
43.75%(-0.0%)
Dec 2021
-
43.76%(+3.7%)
Sep 2021
41.78%(+9.3%)
42.20%(-2.5%)
Jun 2021
-
43.29%(+1.8%)
Mar 2021
-
42.51%(+6.9%)
Dec 2020
-
39.78%(+4.2%)
Sep 2020
38.23%(+1.1%)
38.16%(+0.4%)
Jun 2020
-
38.00%(-0.9%)
Mar 2020
-
38.36%(+0.0%)
Dec 2019
-
38.35%(+1.0%)
Sep 2019
37.82%(-1.4%)
37.97%(+1.0%)
Jun 2019
-
37.59%(-0.1%)
Mar 2019
-
37.61%(-1.0%)
Dec 2018
-
37.99%(-0.8%)
Sep 2018
38.34%(-0.3%)
38.29%(-0.1%)
Jun 2018
-
38.34%(+0.1%)
Mar 2018
-
38.31%(-0.3%)
Dec 2017
-
38.41%(+1.3%)
Sep 2017
38.47%(-1.6%)
37.91%(-1.6%)
Jun 2017
-
38.51%(-1.1%)
Mar 2017
-
38.93%(+1.1%)
Dec 2016
-
38.51%(+1.3%)
Sep 2016
39.08%(-2.4%)
38.02%(0.0%)
Jun 2016
-
38.02%(-3.5%)
Mar 2016
-
39.40%(-1.7%)
Dec 2015
-
40.10%(+0.5%)
Sep 2015
40.06%(+3.8%)
39.90%(+0.6%)
Jun 2015
-
39.68%(-2.7%)
Mar 2015
-
40.78%(+2.3%)
Dec 2014
-
39.87%(+4.9%)
Sep 2014
38.59%(+2.6%)
38.01%(-3.4%)
Jun 2014
-
39.36%(+0.1%)
Mar 2014
-
39.32%(+3.7%)
Dec 2013
-
37.93%(+2.5%)
Sep 2013
37.62%(-14.2%)
37.02%(+0.4%)
Jun 2013
-
36.87%(-1.7%)
Mar 2013
-
37.50%(-2.9%)
Dec 2012
-
38.63%(-3.5%)
Sep 2012
43.87%(+8.4%)
40.04%(-6.5%)
Jun 2012
-
42.81%(-9.6%)
Mar 2012
-
47.37%(+6.0%)
Dec 2011
-
44.68%(+11.0%)
Sep 2011
40.48%(+2.8%)
40.25%(-3.5%)
Jun 2011
-
41.73%(+0.7%)
Mar 2011
-
41.42%(+7.6%)
Dec 2010
-
38.51%(+4.3%)
Sep 2010
39.38%(-1.9%)
36.93%(-5.5%)
Jun 2010
-
39.08%(-6.2%)
Mar 2010
-
41.67%(+1.9%)
Dec 2009
-
40.88%(-2.2%)
Sep 2009
40.14%(+14.0%)
41.82%(+2.2%)
Jun 2009
-
40.92%(+2.5%)
Mar 2009
-
39.93%(+5.2%)
Dec 2008
-
37.94%(+2.2%)
Sep 2008
35.20%(+6.1%)
37.12%(+6.6%)
Jun 2008
-
34.83%(+5.8%)
Mar 2008
-
32.93%(-5.0%)
Dec 2007
-
34.68%(+12.7%)
Sep 2007
33.17%(+14.5%)
30.76%(-16.6%)
Jun 2007
-
36.88%(+5.0%)
Mar 2007
-
35.13%(+12.6%)
Dec 2006
-
31.20%(+6.9%)
DateAnnualQuarterly
Sep 2006
28.98%(-0.1%)
29.19%(-3.7%)
Jun 2006
-
30.32%(+1.9%)
Mar 2006
-
29.75%(+9.4%)
Dec 2005
-
27.20%(-3.3%)
Sep 2005
29.01%(+6.4%)
28.14%(-5.1%)
Jun 2005
-
29.66%(-0.6%)
Mar 2005
-
29.85%(+4.6%)
Dec 2004
-
28.54%(+6.1%)
Sep 2004
27.26%(-0.9%)
26.89%(-3.1%)
Jun 2004
-
27.76%(0.0%)
Mar 2004
-
27.76%(+3.9%)
Dec 2003
-
26.72%(+0.5%)
Sep 2003
27.52%(-1.4%)
26.59%(-4.0%)
Jun 2003
-
27.70%(-2.3%)
Mar 2003
-
28.34%(+2.8%)
Dec 2002
-
27.58%(+4.5%)
Sep 2002
27.92%(+21.2%)
26.40%(-3.5%)
Jun 2002
-
27.36%(0.0%)
Mar 2002
-
27.36%(-10.9%)
Dec 2001
-
30.69%(+1.8%)
Sep 2001
23.03%(-15.1%)
30.14%(+2.4%)
Jun 2001
-
29.42%(+9.4%)
Mar 2001
-
26.90%(-1387.1%)
Dec 2000
-
-2.09%(-108.4%)
Sep 2000
27.13%(-1.9%)
24.97%(-16.1%)
Jun 2000
-
29.75%(+5.4%)
Mar 2000
-
28.23%(+9.0%)
Dec 1999
-
25.91%(-9.8%)
Sep 1999
27.65%(+11.1%)
28.74%(+4.9%)
Jun 1999
-
27.41%(+4.1%)
Mar 1999
-
26.34%(-6.6%)
Dec 1998
-
28.19%(+5.2%)
Sep 1998
24.89%(+28.8%)
26.80%(+4.4%)
Jun 1998
-
25.68%(+3.4%)
Mar 1998
-
24.84%(+11.0%)
Dec 1997
-
22.37%(+12.8%)
Sep 1997
19.32%(+96.3%)
19.83%(-1.0%)
Jun 1997
-
20.03%(+5.8%)
Mar 1997
-
18.93%(+1.5%)
Dec 1996
-
18.65%(-15.3%)
Sep 1996
9.84%(-61.9%)
22.02%(+19.1%)
Jun 1996
-
18.49%(-196.0%)
Mar 1996
-
-19.27%(-227.7%)
Dec 1995
-
15.09%(-27.0%)
Sep 1995
25.84%(+1.3%)
20.68%(-26.8%)
Jun 1995
-
28.27%(+7.9%)
Mar 1995
-
26.21%(-8.8%)
Dec 1994
-
28.74%(+5.7%)
Sep 1994
25.50%(-25.4%)
27.19%(+1.8%)
Jun 1994
-
26.70%(+11.1%)
Mar 1994
-
24.03%(+0.2%)
Dec 1993
-
23.98%(-6.7%)
Sep 1993
34.20%(-21.7%)
25.71%(-21.0%)
Jun 1993
-
32.55%(-19.9%)
Mar 1993
-
40.63%(+0.2%)
Dec 1992
-
40.54%(+19.9%)
Sep 1992
43.68%(-13.9%)
33.82%(-29.0%)
Jun 1992
-
47.61%(+1.4%)
Mar 1992
-
46.96%(+1.4%)
Dec 1991
-
46.33%(-2.0%)
Sep 1991
50.71%(-10.7%)
47.29%(-4.1%)
Jun 1991
-
49.31%(-4.5%)
Mar 1991
-
51.64%(-4.7%)
Dec 1990
-
54.18%(-3.8%)
Sep 1990
56.76%(+10.5%)
56.33%(-2.3%)
Jun 1990
-
57.63%(-0.7%)
Mar 1990
-
58.01%(+5.0%)
Dec 1989
-
55.24%
Sep 1989
51.36%(-3.1%)
-
Sep 1988
53.01%(-1.7%)
-
Sep 1987
53.94%(-3.4%)
-
Sep 1986
55.83%(+27.1%)
-
Sep 1985
43.91%(-1.4%)
-
Sep 1984
44.55%
-

FAQ

  • What is Apple annual gross profit margin?
  • What is the all time high annual gross margin for Apple?
  • What is Apple annual gross margin year-on-year change?
  • What is Apple quarterly gross profit margin?
  • What is the all time high quarterly gross margin for Apple?
  • What is Apple quarterly gross margin year-on-year change?

What is Apple annual gross profit margin?

The current annual gross margin of AAPL is 46.21%

What is the all time high annual gross margin for Apple?

Apple all-time high annual gross profit margin is 56.76%

What is Apple annual gross margin year-on-year change?

Over the past year, AAPL annual gross profit margin has changed by +2.08% (+4.71%)

What is Apple quarterly gross profit margin?

The current quarterly gross margin of AAPL is 46.88%

What is the all time high quarterly gross margin for Apple?

Apple all-time high quarterly gross profit margin is 58.01%

What is Apple quarterly gross margin year-on-year change?

Over the past year, AAPL quarterly gross profit margin has changed by +1.00% (+2.18%)