All The 2025 Audemars Piguet Releases

Celine Simon Thursday, October 2nd, 2025 22 min. read

Audemars Piguet is marking its 150th anniversary with a slate of new releases that showcase the brand’s legacy while pushing forward with movement advancements and material innovations. From a trio of perpetual calendars powered by the all-new Caliber 7138 to a new blue ceramic material inspired by the “Bleu Nuit, Nuage 50” shade of the first Royal Oak dial, this milestone year is shaping up to be an important one for AP. The brand has also introduced the final iteration of the Royal Oak Perpetual Calendar Openworked with Caliber 5135, and expanded its Code 11.59 and Royal Oak Offshore collections with fresh designs, new colorways, and technical refinements. As the watchmaker celebrates a century and a half of high horology, these 2025 Audemars Piguet releases set the stage for what’s to come next.

2025 Watch Releases
2025 Audemars Piguet Watch Releases

Royal Oak “Jumbo” Extra-Thin Selfwinding Flying Tourbillon Chronograph RD#5

Release Date: October 2025

Audemars Piguet Royal Oak "Jumbo" Extra-Thin Selfwinding Flying Tourbillon Chronograph RD#5
Royal Oak “Jumbo” Extra-Thin Selfwinding Flying Tourbillon Chronograph RD#5 (Image: Audemars Piguet)

Kicked off in 2015, the RD (Research & Development) series by Audemars Piguet is a line of experimental watches that boast groundbreaking technical solutions to long-standing horological challenges, often setting new benchmarks in complications and ergonomics. And for its 150th anniversary, Audemars Piguet unveiled the fifth instalment in the form of the Royal Oak “Jumbo” RD#5, a landmark debut that pushes chronograph innovation into new territory. The 39mm watch combines a flyback chronograph with a flying tourbillon, which is the first time these dual complications appear in the Royal Oak Jumbo. Despite the complexity, the case remains ultra-thin at 8.1mm, thanks to the newly developed Caliber 8100.

Audemars Piguet Caliber 8100
Caliber 8100 (Image: Audemars Piguet)

Caliber 8100 introduces a patented rack-and-pinion system that allows for an instantaneous jumping minute counter (rather than the conventional minute counter that slowly inches forward), improved reset smoothness, and a tactile chronograph experience designed with smartphone-style ergonomics in mind. The pushers require remarkably little pressure to engage, offering an ease of use rarely found in mechanical chronographs. A platinum peripheral rotor helps reduce thickness while also allowing a better view of the rest of the movement.

26545XT.OO.1240XT.01
Royal Oak ref. 26545XT.OO.1240XT.01 (Image: Audemars Piguet)

Material innovation is just as important here. The case and bracelet combine titanium with Bulk Metallic Glass (BMG), a palladium-rich alloy with high strength and a reflective sheen, while the bezel, pushers, and crown selector are finished in polished BMG. The signature “Bleu Nuit, Nuage 50” Petite Tapisserie dial features snailed blue chronograph registers at 3 and 9 o’clock, white gold luminescent hands, and a special archival-style Audemars Piguet signature at 12 o’clock to mark the anniversary — a touch I think just adds that something extra special to the face of the already-impressive watch. Limited to just 150 pieces, the Royal Oak “Jumbo” RD#5 is priced at CHF 260,000.

Royal Oak Jumbo RD#5 Watch Specs

Caliber 8100
Caliber 8100 with instantaneous minute jump mechanism (Image: Audemars Piguet)
ModelRoyal Oak “Jumbo” Extra-Thin Selfwinding Flying Tourbillon Chronograph RD#5 “150th Anniversary”
Reference26545XT.OO.1240XT.01
Case39mm diameter
8.1mm thick
Titanium case with bulk metallic glass (BMG) bezel, push-pieces, and crown
Dial“Bleu Nuit, Nuage 50” Petite Tapisserie dial
FunctionsHours, minutes, flying tourbillon, flyback chronograph with jump minute counter and hour counter
MovementCaliber 8100 selfwinding movement
72-hour power reserve
3 Hz frequency
Patented instantaneous minute jump mechanism
BraceletTitanium and BMG integrated bracelet with titanium AP folding clasp
Limited Edition150 examples
2025 Retail Price (MSRP)CHF 260,000
Royal Oak Jumbo RD#5 Watch Specs

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Royal Oak Perpetual Calendar 38mm

Release Date: September 2025

2025 Audemars Piguet Royal Oak Perpetual Calendar 26684OR.OO.1356OR.01
Royal Oak Perpetual Calendar 26684OR.OO.1356OR.01 (Image: Audemars Piguet)

For the first time, the Audemars Piguet Royal Oak Perpetual Calendar is offered in a 38mm case, powered by the new Caliber 7136. This movement, derived from the 7121 base, integrates the full perpetual calendar mechanism — including day, date, month, leap year, and moon phase — on a single level, keeping thickness to just 4.1mm while ensuring a 55-hour power reserve. The new models also debut Audemars Piguet’s user-friendly crown adjustment system, which replaces traditional case correctors with an intuitive crown-controlled setup protected by multiple patents.

Royal Oak Perpetual Calendar 38 26684ST.OO.1356ST.02
Royal Oak Perpetual Calendar 38 26684ST.OO.1356ST.02, the 50th anniversary edition (Image: Audemars Piguet)

Audemars Piguet offers two versions: the stainless steel ref. 26684ST.OO.1356ST.01 with a light blue Grande Tapisserie dial and the pink gold ref. 26684OR.OO.1356OR.01 with a beige Grande Tapisserie dial. Both come fitted with a case-matching integrated bracelet.

The vintage AP logo on the anniversary editions
The vintage AP logo on the anniversary editions (Image: Audemars Piguet)

Each model is also offered in a 150th-anniversary edition of 150 pieces (ref. 26684ST.OO.1356ST.02 in steel and 26684OR.OO.1356OR.02 in pink gold), distinguished by a vintage-style “Audemars Piguet” signature on the moon-phase display, plus special “150 logo” engravings on the caseback.

Royal Oak Selfwinding Perpetual Calendar 38 Watch Specs

Caliber 7136 (Image: Audemars Piguet)
ModelRoyal Oak Selfwinding Perpetual Calendar
Reference26684ST.OO.1356ST.01 – Steel
26684ST.OO.1356ST.02 – Steel (150th Anniversary)
26684OR.OO.1356OR.01 – Pink Gold
26684OR.OO.1356OR.02 – Pink Gold (150th Anniversary)
Case38 mm diameter
9.4 mm thick
Stainless steel or 18k pink gold
DialLight blue “Grande Tapisserie” with light blue subdials and silver-grey inner bezel (Steel)
Beige “Grande Tapisserie” with beige subdials and pink gold-toned inner bezel (Pink Gold)
FunctionsPerpetual calendar with day, date, month, leap year, astronomical moon, hours, and minutes
MovementCaliber 7136
Automatic winding
413 components
41 jewels
55-hour power reserve
28,800 bph
Water Resistance50 m
BraceletIntegrated bracelet matching case material
AP folding clasp
Limited Edition NoteEach model is also offered in a limited “150th Anniversary” edition of 150 pieces
2025 Retail Price (MSRP)Stainless Steel: $110,900
Pink Gold: $150,000
Royal Oak Selfwinding Perpetual Calendar 38 Watch Specs

Code 11.59 by Audemars Piguet Selfwinding Perpetual Calendar 38mm

Release Date: September 2025

Code 11.59 Perpetual Calendar 38mm 26441OR.OO.D405CR.01
Code 11.59 Perpetual Calendar 38mm 26441OR.OO.D405CR.01 (Image: Audemars Piguet)

The Code 11.59 collection also welcomes its first 38mm perpetual calendar, powered by the more complex Calibre 7138, which adds a week indication to the full suite of calendar displays. Like the Royal Oak models, it features the crown-controlled adjustment system that allows all settings to be managed without tools.

Code 11.59 Perpetual Calendar 38mm 50th Anniversary
Code 11.59 Perpetual Calendar 38mm 50th Anniversary

The debut reference, Ref. 26441OR.OO.D405CR.01, is crafted in 18k pink gold and paired with a green embossed dial designed with guilloché specialist Yann Von Kaenel. The concentric circular motif with tiny perforations creates a play of depth, punctuated with pink gold hands and markers. Complementing the dial is a matching green alligator strap, fitted with a pink gold clasp.

As with the Royal Oak releases, an anniversary edition (Ref. 26441OR.OO.D405CR.02) limited to 150 pieces is also available, carrying the vintage-style logo on the moon phase and commemorative engravings on the caseback.

Code 11.59 Perpetual Calendar 38mm Watch Specs

Audemars Piguet Caliber 7138
Caliber 7138 (Image: Audemars Piguet)
ModelCode 11.59 Perpetual Calendar
Reference26441OR.OO.D405CR.01 – Pink Gold
26441OR.OO.D405CR.02 – Pink Gold (150th Anniversary)
Case18k pink gold
38 mm diameter
9.9 mm thick
DialGreen embossed dial
Green subdials
Green snailed inner bezel
18k pink gold hour-markers and hands
FunctionsPerpetual calendar with week indication, day, date, month, leap year, astronomical moon, hours, and minutes
MovementCaliber 7138
Automatic winding
422 components
41 jewels
55-hour power reserve
28,800 bph
Water Resistance30 m
BraceletGreen large square scale alligator strap
18k pink gold three-blade folding clasp
Limited Edition NoteAlso available as a “150th Anniversary” edition (ref. 26441OR.OO.D405CR.02) with commemorative design details
2025 Retail Price (MSRP)$110,900
Code 11.59 Perpetual Calendar 38mm Watch Specs

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Code 11.59 Selfwinding Flying Tourbillon 38mm Stone Dials

Release Date: September 2025

Pink gold Code 11.59 with a blue sodalite dial ref. 26665OR.OO.D349CR.01
Pink gold Code 11.59 with a blue sodalite dial ref. 26665OR.OO.D349CR.01 (Image: Audemars Piguet)

Audemars Piguet has unveiled three new 38mm Code 11.59 Selfwinding Flying Tourbillon models, each fitted with a natural stone dial. The trio revives the brand’s long tradition of stone dials from the 1960s while pairing them with one of its most contemporary collections.

White gold Code 11.59 with a Ruby Root dial ref. 26665BC.OO.D632CR.0
White gold Code 11.59 with a Ruby Root dial ref. 26665BC.OO.D632CR.0 (Image: Audemars Piguet)

The cases, which, as their names suggest, measure 38mm in diameter (and 9.6mm thick), and are offered in three types of gold: white gold with a Ruby Root dial (ref. 26665BC.OO.D632CR.0), pink gold with a blue sodalite dial (ref. 26665OR.OO.D349CR.01), and yellow gold with a green malachite dial (ref. 26665BA.OO.D412CR.01). Each stone is painstakingly cut into a wafer-thin disc, preserving its veining and natural brilliance. As is always the case when working with natural materials, no two dials are identical, which makes every watch unique. All versions are paired with dial-matching alligator leather straps and delivered with the option of a rubber-coated strap for added versatility.

Green malachite dial (ref. 26665BA.OO.D412CR.01)
Green malachite dial (ref. 26665BA.OO.D412CR.01)

The dials are home to a flying tourbillon at 6 o’clock, powered by the ultra-thin Caliber 2968 automatic movement with 50 hours of power reserve. While Audemars Piguet states that these new-for-2025 Code 11.59 watches with stone dials are limited edition, the brand doesn’t mention the exact production quantity. Price is “upon request.”

Stone Dial Code 11.59 Watch Specs

Audemars Piguet Caliber 2968
Caliber 2968 (Image: Audemars Piguet)
ModelCode 11.59 by Audemars Piguet Selfwinding Flying Tourbillon
References26665OR.OO.D349CR.01 (Pink Gold / Sodalite)
26665BC.OO.D632CR.01 (White Gold / Ruby Root)
26665BA.OO.D412CR.01 (Yellow Gold / Malachite)
Case38mm diameter
9.6 thick
18k pink gold (Sodalite)
18k white gold (Ruby Root)
18k yellow gold (Malachite)
DialSodalite stone dial with pink gold hands and blue inner bezel (Ref. 26665OR)
Ruby root stone dial with white gold hands and red inner bezel (Ref. 26665BC)
Green malachite stone dial with yellow gold hands and green opaline brass inner bezel (Ref. 26665BA)
FunctionsFlying tourbillon, hours, minutes
MovementCaliber 2968
Automatic winding
226 components
33 jewels
50 hours power reserve
StrapAlligator strap matching the dial color
Pink gold folding clasp (Sodalite)
White gold folding clasp (Ruby Root)
Yellow gold folding clasp (Malachite)
Limited EditionYes, quantity not specified
PriceUpon request
Stone Dial Code 11.59 Watch Specs

Royal Oak Concept Split-Seconds Chronograph GMT Large Date

Release Date: September 2025

Without any public announcement, Audemars Piguet quietly added a new Royal Oak Concept Split-Seconds Chronograph GMT Large Date to its catalog. This latest version follows the forged carbon Royal Oak Concept Split-Seconds Chronograph GMT Large Date (and the original titanium variant that debuted in 2023) with luminous blue fibers that debuted last year, but introduces a very different aesthetic by pairing CFT carbon with 18-carat yellow gold.

Royal Oak Concept Split-Seconds Chronograph GMT Large Date 26650FA.OO.D002CA.01
Royal Oak Concept Split-Seconds Chronograph GMT Large Date 26650FA.OO.D002CA.01 (Image: AP)

The 43mm case is crafted from CFT carbon, contrasted by a yellow gold bezel and push-piece guards. A black ceramic crown and pushers round out the construction, while the glareproofed sapphire caseback is engraved “Limited Edition.” Water resistance is rated to 50 meters. On the dial, the openworked black layout is accented with yellow gold rectangular hour markers, Royal Oak Concept hands, and a black inner bezel. The watch is delivered on an interchangeable black rubber strap with a yellow gold AP folding clasp, and includes a second textured strap.

2025 Audemars Piguet Royal Oak Concept Split-Seconds Chronograph GMT Large Date 26650FA.OO.D002CA.01
Royal Oak Concept Split-Seconds Chronograph GMT Large Date in yellow gold and forged carbon

Powering the imposing watch is the self-winding Caliber 4407, a 638-part movement with a split-seconds chronograph, GMT function, large date, and function selector. Beating at 4 Hz with a 70-hour power reserve, it combines technical depth with architectural openworking, visible through the sapphire caseback.

Limited to just 100 pieces (and price upon request, naturally), this yellow gold and carbon edition underscores the Concept line’s experimental approach to mixing advanced materials with high complications.

Royal Oak Concept Split-Seconds Chronograph GMT Large Date Watch Specs

Royal Oak Concept 26650FA.OO.D002CA.0
Royal Oak Concept Split-Seconds Chronograph GMT Large Date 26650FA.OO.D002CA.0
ModelRoyal Oak Concept Split-Seconds Chronograph GMT Large Date
ReferenceRef. 26650FA.OO.D002CA.0
Case18k yellow gold and forged carbon
43mm diameter
17.5mm thick
Dial Black openworked dial with 18K yellow gold hour markers and hands
FunctionsSplit-seconds chronograph
GMT (24h)
Function selector
Hours and minutes
Date
MovementSelfwinding Caliber 4407
73 jewels
28,800 bph
70h power reserve
638 components
Water Resistance50 meters
StrapInterchangeable black rubber strap with 18K yellow gold AP folding clasp
Extra textured strap included
Limited Edition100 pieces
PriceOn Request
Royal Oak Concept Split-Seconds Chronograph GMT Large Date Watch Specs

Royal Oak Offshore 37mm “Chameleon”

Release Date: September 2025

Royal Oak Offshore 37mm "Chameleon"
Royal Oak Offshore 37mm “Chameleon” (Image: Audemars Piguet)

In another quiet release (but definitely not subtle in design), Audemars Piguet added a splash of playful color to the Royal Oak Offshore line with the 37mm Limited Edition Ref. 77605CB.OO.A422CR.01.

The watch introduces a chameleon effect across both the dial and strap, shifting tones depending on light and angle. Its 37mm white ceramic case is accented with titanium crown guards, a glareproof sapphire crystal, and a titanium-framed caseback engraved with the “Limited Edition” inscription.

Royal Oak Offshore 37mm "Chameleon"
Iridescent dial with purple, blue, and green shades (Image: Audemars Piguet)

The dial features the collection’s signature “Méga Tapisserie” pattern, here in a blue/purple/green color-shifting treatment paired with white gold hands and markers. A matching iridescent purplish inner bezel frames the design, while the watch is delivered on a purple iridescent alligator strap with a titanium buckle. Powering the piece is the selfwinding Caliber 5900, offering hours, minutes, central seconds, and date, with a 60-hour power reserve.

Limited to 200 pieces, the Royal Oak Offshore Selfwinding 37mm “Chameleon” is priced at $48,900.

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Bleu Nuit, Nuage 50 Ceramic Limited Editions

Release date: April 2025

Royal Oak Offshore 26238CD.OO.1300CD.01 in "Bleu Nuit, Nuage 50" ceramic
Royal Oak Offshore 26238CD.OO.1300CD.01 in “Bleu Nuit, Nuage 50” ceramic (Image: Audemars Piguet)

To celebrate 50 years of the Royal Oak’s signature Bleu Nuit, Nuage 50 dial color, Audemars Piguet has unveiled three new references that bring the deep blue hue to the forefront — this time in full ceramic form. Inspired by the night sky over the Vallée de Joux, this deep and uniform hue was years in the making and now appears across the cases, bezels, pushers, and even bracelets of these latest Royal Oak and Royal Oak Offshore references. All three watches feature the commemorative engraving “Bleu Nuit, Nuage 50” on the caseback and offer a bold, modern tribute to the iconic shade first seen on the dial of the original Royal Oak in 1972.

Together, these three pieces aren’t just a callback to a classic dial color — they’re a full-material evolution. The “Bleu Nuit, Nuage 50” hue that once lived only on dials now takes over entire watches. And honestly? It looks right at home.

Blue Ceramic Royal Oak Double Balance Wheel Openworked Watch Specs

2025 Audemars Piguet: Blue Ceramic Royal Oak Double Balance Wheel Openworked
Blue Ceramic Royal Oak Double Balance Wheel Openworked (Image: Audemars Piguet)

The Royal Oak Double Balance Wheel Openworked (ref. 15416CD.OO.1225CD.01) features a 41mm blue ceramic case that’s just 9.7mm thick, paired with a matching ceramic bracelet and titanium caseback. The “Bleu Nuit, Nuage 50” inner bezel surrounds a skeletonized dial revealing the Caliber 3132 movement, which features AP’s patented dual balance wheel system.

The pink gold hands and hour markers contrast with the otherwise monochromatic look, while the openworked bridges and components offer a full view of the movement from both front and back. Water resistance is rated to 50 meters, and the watch offers a 45-hour power reserve.

ModelRoyal Oak Double Balance Wheel Openworked
Reference15416CD.OO.1225CD.01
Case41mm diameter
9.7mm thick
“Bleu Nuit, Nuage 50” ceramic
Sapphire crystal and caseback with titanium frame
Dial“Bleu Nuit, Nuage 50” inner bezel, 18K pink gold hour markers and Royal Oak hands with luminescent coating
FunctionsHours, minutes, central seconds
MovementCaliber 3132
Selfwinding
45-hour power reserve
3 Hz (21,600 bph)
Bracelet/Strap“Bleu Nuit, Nuage 50” ceramic integrated bracelet with titanium AP folding clasp
BuckleTitanium AP folding clasp
Water Resistance50 meters
2025 Retail Price (MSRP)$101,100
Blue Ceramic Royal Oak Double Balance Wheel Openworked Watch Specs

Blue Ceramic Royal Oak Offshore Selfwinding Chronograph 42 Watch Specs

Royal Oak Offshore Selfwinding Chronograph 42mm (ref. 26238CD.OO.1300CD.01)
Royal Oak Offshore Selfwinding Chronograph 42mm ref. 26238CD.OO.1300CD.01 (Image: Audemars PIguet)

Next is the Royal Oak Offshore Selfwinding Chronograph 42mm (ref. 26238CD.OO.1300CD.01), fully rendered in “Bleu Nuit, Nuage 50” ceramic — including the case, bracelet, crown, and pushers. The Méga Tapisserie dial, matching blue counters, and inner bezel create a uniform look, subtly broken up by the stainless steel bezel screws, titanium crown chip, and caseback frame.

Powering the watch is the Caliber 4404 flyback chronograph movement with a 70-hour power reserve and column-wheel architecture. The case measures 15.3mm thick and is water-resistant to 100 meters.

ModelRoyal Oak Offshore Selfwinding Chronograph
Reference26238CD.OO.1300CD.01
Case42mm Diameter
15.3mm thick
“Bleu Nuit, Nuage 50” ceramic sapphire crystal and caseback with titanium frame
Dial“Bleu Nuit, Nuage 50” Méga Tapisserie dial and counters, inner bezel in same tone, 18K white gold Royal Oak Offshore hands and hour markers with luminescent coating
FunctionsFlyback chronograph, hours, minutes, small seconds, date
MovementCaliber 4404
Selfwinding
70-hour power reserve
4 Hz (28,800 bph)
Bracelet/Strap“Bleu Nuit, Nuage 50” ceramic bracelet with titanium AP folding clasp
BuckleTitanium AP folding clasp
Water Resistance100 meters
2025 Retail Price (MSRP)$86,900
Blue Ceramic Royal Oak Offshore Selfwinding Chronograph 42 Watch Specs

Blue Ceramic Royal Oak Offshore Selfwinding Chronograph 43 Watch Specs

2025 Audemars Piguet Royal Oak Offshore Selfwinding Chronograph 43mm ref. 26420SO.OO.A029VE.01
Royal Oak Offshore Selfwinding Chronograph 43mm ref. 26420SO.OO.A029VE.01 (Image: Audemars Piguet)

Finally, the Royal Oak Offshore Selfwinding Chronograph 43mm (ref. 26420SO.OO.A029VE.01) combines a stainless steel case with “Bleu Nuit, Nuage 50” ceramic for the bezel, pushers, and crown. The dial features the same Méga Tapisserie pattern, with white printing and lighter blue chronograph counters for contrast.

Like the 42mm version, this one is powered by a flyback chronograph, but this time, the Caliber 4401 — visible through the sapphire caseback along with its rhodium-toned 22k pink gold rotor. This model is paired with a matching blue calfskin leather strap with stainless steel pin buckle and comes with an additional rubber strap. The case is 14.4mm thick and water-resistant to 100 meters.

ModelRoyal Oak Offshore Selfwinding Chronograph
Reference26420SO.OO.A029VE.01
Case43mm diameter
14.4mm thick
Stainless steel case
“Bleu Nuit, Nuage 50” ceramic bezel, crown, and pushers
Stainless steel caseback frame
Dial“Bleu Nuit, Nuage 50” Méga Tapisserie dial with light blue counters, inner bezel in same tone
FunctionsFlyback chronograph, hours, minutes, small seconds, date
MovementCaliber 4401
Selfwinding
70-hour power reserve
4 Hz (28,800 vph)
Bracelet/StrapInterchangeable “Bleu Nuit, Nuage 50” textured calfskin leather strap with stainless steel AP pin buckle
Additional rubber strap with stainless steel AP pin buckle
BuckleStainless steel AP pin buckle
Water Resistance100 meters
2025 Retail Price (MSRP)$42,900
Blue Ceramic Royal Oak Offshore Selfwinding Chronograph 43 Watch Specs

2025 Audemars Piguet Perpetual Calendars

Release Date: February 2025

2025 Audemars Piguet Releases: Code 11.59 Perpetual Calendar (Image: AP)

Audemars Piguet is kicking off its 150th-anniversary celebrations with a fresh take on one of its most renowned complications — the perpetual calendar. The brand has unveiled three new perpetual calendar models, each powered by the newly developed Caliber 7138. This new movement is the result of five years of development and introduces a significant ergonomic upgrade: all calendar functions can now be adjusted entirely via the crown, eliminating the need for case-side correctors. This makes setting the perpetual calendar far more intuitive while maintaining the automatic adjustment of leap years.

2025 AP Watches: Royal Oak Perpetual Calendar in Sand Gold (Image: Audemars Piguet)

The three models making their debut include a Code 11.59 Selfwinding Perpetual Calendar in 18k white gold with a smoked blue embossed dial and matching blue rubber-coated strap. The signature multi-layered case architecture of the Code 11.59 is finished with a mix of satin brushing and polished chamfers, giving it a distinctive look.

2025 Royal Oak Perpetual Calendar in steel (Image: Audemars Piguet)

Next, there are two new Royal Oak Selfwinding Perpetual Calendar models in 41mm, one in stainless steel with a blue Grande Tapisserie dial and one in 18k Sand Gold, AP’s proprietary gold alloy that debuted in 2024, featuring a blend of gold, copper, and palladium that sits between white and pink gold.

The Sand Gold version is fully monochromatic, with the dial, subdials, and inner bezel all finished in matching tones, while the stainless steel model retains the classic blue-and-steel combination. As expected, both models maintain the familiar Royal Oak design elements, including the famed octagonal bezel and integrated bracelet.

2025 Audemars Piguet Perpetual Calendar
2025 AP Royal Oak Perpetual Calendar watches in Sand Gold and stainless steel (Image: Audemars Piguet)

All three models feature the moon phase at 6 o’clock, showcasing a photorealistic moon based on NASA imagery, and a redesigned dial layout for improved legibility. Additionally, each reference is also available as a limited-edition “Anniversary” model, with a total of 150 pieces per variation, distinguished by special commemorative engravings and a vintage-inspired “Audemars Piguet” logo within the moon phase subdial.

Caliber 7138 perpetual calendar movement by Audemars Piguet
Caliber 7138 perpetual calendar movement by Audemars Piguet (Image: AP)

Make no mistake; the introduction of Caliber 7138 is a big deal. Audemars Piguet has streamlined one of its most intricate complications, making the normally cumbersome perpetual calendar much more user-friendly and opening the door for many more variations to join the brand’s catalog in the near future.

Audemars Piguet Perpetual Calendar Watch Specs

ModelRoyal Oak Perpetual CalendarCode 11.59 Perpetual Calendar
Reference26674ST.OO.1320ST.01 (Stainless steel)
26674SG.OO.1320SG.01 (18k Sand Gold)
26494BC.OO.D350KB.01
Case41mm diameter
9.5mm thick
41mm diameter
10.6mm thick
18k white gold
DialBlue dial with Grande Tapisserie pattern or
Sand Gold-tone dial with Grande Tapisserie pattern
Smoked blue embossed dial
FunctionsPerpetual calendar with week indication, day, date, astronomical moon,
month, leap year, hours, and minutes
Setting via winding crown
Hour, minutes, center seconds
Flyback chronograph
MovementCaliber 7138
Self-winding
4 Hz (28,800 vibrations/hour)
55-hour power reserve
Caliber 7138
Self-winding
4 Hz (28,800 vibrations/hour)
55-hour power reserve
Water Resistance50 meters30 meters
Bracelet/StrapIntegrated bracelet in matching case material
AP folding clasp
Blue textured rubber strap with calfskin lining
18k white gold three-blade folding clasp.
2025 Retail Price (MSRP)$109,300 in steel
Sand Gold on request
On request
Limited Edition Versions
(150 examples each)
26674ST.OO.1320ST.02 in steel
26674SG.OO.1320SG.02 in Sand Gold
26494BC.OO.D350KB.02
Audemars Piguet Perpetual Calendar Watch Specs

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Royal Oak Perpetual Calendar Openworked “150th Anniversary” Limited Edition

Release Date: February 2025

Royal Oak Perpetual Calendar Openworked “150th Anniversary” Limited Edition
Royal Oak Perpetual Calendar Openworked “150th Anniversary” Limited Edition (Image: AP)

Audemars Piguet is celebrating its 150th anniversary with a special version of the Royal Oak Perpetual Calendar Openworked, marking the final appearance of the self-winding Caliber 5135. This movement, which has powered the brand’s 41mm open-worked perpetual calendars for nearly a decade, takes its final bow in a limited run of 150 pieces. It makes sense that given AP has just announced a perpetual calendar that can be set from the winding crown without the need for finicky correctors, Caliber 5135 is now set to retire.

This commemorative model brings together cutting-edge materials and vintage-inspired design elements. The 41mm case and bracelet are primarily crafted from lightweight titanium, while the bezel, caseback frame, and bracelet studs are fashioned from Bulk Metallic Glass (BMG). A palladium-based alloy, BMG was first discovered in the 1960s and is now used in fields such as microelectronics and golf. Audemars Piguet first combined titanium with BMG for the pièce unique Royal Oak “Jumbo” Extra-Thin timepiece destined for Only Watch in 2021. Other AP watches using BMG joined the brand’s catalog a few years later.

Audemars Piguet vintage pocket watch 25729
The vintage pocket watch 25729 that served as inspiration for the limited edition open-worked RO Perpetual Calendar (Image: AP)

The open-worked dial of this 2025 Audemars Piguet model takes inspiration from a historic perpetual calendar pocket watch (ref. 25729) housed at the company’s museum. A sapphire dial showcases the intricate movement beneath, while the blue brass inner bezel and subdial rings echo the pocket watch’s aesthetic. The silver-gray hour markers take on a refined round shape, mirroring the brilliant-cut diamonds used in the original reference. Blue hands in 18k white gold, filled with luminescent material, ensure legibility against the intricate dial.

Audemars Piguet has also given special attention to the moon phase at 6 o’clock, which like the three new perpetual calendar watches we covered above, incorporates a photorealistic lunar depiction based on NASA imagery. However, this time, the perpetual calendar function features two moons, to allow for a precise representation of the lunar cycle as seen from both the Northern and Southern Hemispheres.

This is the last time Caliber 5135 will be produced (Image: Audemars Piguet)

The caseback of the Royal Oak Perpetual Calendar Openworked 150th Anniversary Limited Edition watch includes two engravings marking the brand’s 150th anniversary, along with the limited-edition designation “1 of 150 pieces,” reinforcing its significance in Audemars Piguet’s milestone year.

Audemars Piguet Royal Oak Perpetual Calendar Openworked 150th Anniversary Watch Specs

ModelRoyal Oak Perpetual Calendar Openworked “150th Anniversary”
Reference26585XT.OO.1220XT.01
Case41mm diameter
9.9mm thick
Titanium case, BMG bezel and caseback frame
DialSapphire dial, blue brass inner bezel
FunctionsPerpetual calendar with week indication, day, date, astronomical moon, month, leap year indication, hours, and minutes
MovementCaliber 5135
Self-winding
3 Hz (21,600 vibrations/hour)
50-hour power reserve
Water Resistance20 meters
BraceletTitanium bracelet links with BMG studs and a three-blade titanium folding clasp
2025 Retail Price (MSRP)On request
Limited Edition150 pieces
Royal Oak Perpetual Calendar Openworked “150th Anniversary” Watch Specs

Ceramic Royal Oak Offshore Chronographs

Release Date: February 2025

Royal Oak Offshore Chronograph 43mm in green and black ceramic
Royal Oak Offshore Chronograph 43mm in green and black ceramic (Image: AP)

Audemars Piguet continues its expansion of ceramic in the Royal Oak Offshore collection with two new Selfwinding Chronographs, each taking a distinct approach to the material. The first is a 43mm model that introduces green ceramic into this diameter for the first time, pairing a black ceramic case with a bezel, crown, and pushers in green ceramic. The second is a 42mm version that goes fully monochromatic with an all-black ceramic case and bracelet.

The Royal Oak Offshore Selfwinding Chronograph 43mm model features a dark green Méga Tapisserie dial, a black inner bezel, and snailed subdials at 3, 6, and 9 o’clock, maintaining the bold, high-contrast aesthetic that defines the Offshore lineup. The white gold hands and hour markers, filled with luminescent material in a silver-gray tone, ensure legibility. The titanium caseback, push-piece guards, and bracelet studs add further contrast to the black and green color scheme. This version is powered by the in-house Caliber 4401 flyback chronograph movement, which boasts an integrated column wheel and vertical clutch system for smooth chronograph operation. The watch is fitted with a dark green textured leather strap, complete with an interchangeable strap system, and comes with an additional black rubber strap.

Royal Oak Offshore Chronograph 42 black ceramic
Royal Oak Offshore Chronograph 42mm in black ceramic (Image: AP)

The Royal Oak Offshore Selfwinding Chronograph 42mm black ceramic version, on the other hand, adopts a stealthy approach. Everything — from the case and bracelet to the Méga Tapisserie dial and subdials — is black, with only the hexagonal steel screws on the bezel and the applied AP logo providing subtle contrast. Even the 18k white gold hands and hour markers are blackened, filled with gray luminescent material to maintain nighttime visibility. The movement inside this version is the Caliber 4404, a flyback chronograph movement similar to the 4401 but adapted for the 42mm Offshore case dimensions. A black ceramic bracelet with a titanium folding clasp completes the package.

Green ceramic Royal Oak Offshore 2025 Audemars Piguet
Green ceramic Offshore Chronograph (Image: AP)

Both models offer 100 meters of water resistance and feature a sapphire caseback showcasing their respective movements, including the 22k pink gold oscillating weights. With ceramic now a core material in the Offshore collection, these new 2025 Audemars Piguet releases reinforce the brand’s ongoing commitment to material innovation.

Audemars Piguet Royal Oak Offshore Chronograph Watch Specs

ModelRoyal Oak Offshore Chronograph 43Royal Oak Offshore Chronograph 42
Reference26420CE.OO.A063VE.0126238CE.OO.1300CE.02
Case43mm diameter
14.4mm thick
Black ceramic case middle, green ceramic bezel, push-pieces and screw-locked crown
42mm diameter
15.3mm thick
Stainless steel
DialGreen Méga Tapisserie dial, black inner bezel and countersBlack Méga Tapisserie dial, black inner bezel and counters
FunctionsFlyback chronograph
Hours, minutes, small seconds
Date
Hour, minutes, center seconds
Flyback chronograph
MovementCaliber 4401
Self-winding
4 Hz (28,800 vibrations/hour)
70-hour power reserve
Caliber 4404
Self-winding
4 Hz (28,800 vibrations/hour)
70-hour power reserve
Water Resistance100 meters100 meters
Bracelet/StrapInterchangeable dark green textured calfskin leather strap with titanium pin buckle
Additional black rubber strap
Black ceramic bracelet
Three-blade folding clasp in titanium
2025 Retail Price (MSRP)$58,400$86,900
Audemars Piguet Royal Oak Offshore Chronograph Specs

2025 Code 11.59 by Audemars Piguet Grande Sonnerie Carillon Supersonnerie “150th Anniversary”

Release Date: February 2025

Arguably some of the most stunning 2025 Audemars Piguet releases yet are the Grande Sonnerie Carillon Supersonnerie “150th Anniversary” models: two models with iridescent harlequin opal dials and four models with sapphire dials.

2025 Code 11.59 by Audemars Piguet Grande Sonnerie Carillon Supersonnerie "150th Anniversary"
2025 Code 11.59 by Audemars Piguet Grande Sonnerie Carillon Supersonnerie “150th Anniversary.” Image: Audemars Piguet

The Code 11.59 Grande Sonnerie Supersonnerie models represent a significant horological achievement, even for AP. Introduced in 2020, they combine the traditional Grande Sonnerie complication with the innovative Supersonnerie technology, first unveiled in 2015 within the Royal Oak Concept collection.

Code 11.59 by Audemars Piguet Grande Sonnerie Carillon Supersonnerie "150th Anniversary opal
Code 11.59 by Audemars Piguet Grande Sonnerie Carillon Supersonnerie “150th Anniversary” with Harlequin opal dial (Image: AP)

The Supersonnerie enhances the acoustic performance of chiming watches, offering louder and clearer chimes through patented case and gong construction. Powered by the hand-wound Calibre 2956, these watches feature a Grande Sonnerie, Petite Sonnerie, and minute repeater, with every component meticulously crafted and assembled by a small team of master watchmakers. Although the prices are “on request,” the fair market value of each of these 150th Anniversary models will probably be in the half-million dollar ballpark. Here are all the specs.

2025 Code 11.59 by Audemars Piguet Grande Sonnerie Carillon Supersonnerie “150th Anniversary” Specs

ModelCode 11.59 by Audemars Piguet
Grande Sonnerie Carillon Supersonnerie “150th Anniversary”
Code 11.59 by Audemars Piguet
Grande Sonnerie Carillon Supersonnerie “150th Anniversary”
Reference26397OR.OO.D417CR.01 (Pink gold)
26397BC.OO.D357CR.01 (White gold)
26397PN.OO.D008KB.01 (Platinum/white gold)
26397CR.OO.D009KB.01 (White/ pink gold
26397QS.OO.D002KB.01 (Sand gold/black ceramic
26397QA.OO.D002KB.01 (Yellow gold and black ceramic)
Case41mm diameter
13.6mm thick
41mm diameter
13.5mm thick
DialHarlequin opalSapphire
FunctionsHours, minutes, small seconds, Grande Sonnerie Supersonnerie, Petite Sonnerie, minute repeaterHours, minutes, small seconds, Grande Sonnerie Supersonnerie, Petite Sonnerie, minute repeater
MovementCalibre 2956Calibre 2956
Water Resistance20m20m
Bracelet/StrapGreen alligator strapBlack textured rubber-coated strap with calfskin lining
2025 Retail Price (MSRP)On requestOn request
Audemars Piguet Code 11.59 by Audemars Piguet Grande Sonnerie Carillon Supersonnerie “150th Anniversary” Specs

According to AP’s official press release, there are actually five new Code 11.59 Grande Sonnerie Supersonnerie models — two with opal dials (pink gold with harlequin opal dial and white gold with crystal opal dial) and three with sapphire dials (Sand Gold, white gold, and white and pink gold). However, few details and no pictures have been shared about the other three yet; we’ll keep you posted as we learn more.

Code 11.59 Watches in “Shades of Grey”

Release Date: February 2025

2025 Audemars Piguet Releases: Code 11.59 Shades of Grey
2025 Audemars Piguet Releases: Code 11.59 Shades of Grey (Image: AP)

Audemars Piguet continues to expand its stainless steel Code 11.59 collection with two new 41mm models, both featuring a monochromatic grey color scheme (dubbed Shades of Grey) accented by touches of “Bleu Nuit, Nuage 50.” Available as a Selfwinding model and a Selfwinding Chronograph, these watches follow the stainless steel introductions of 2023.

Both models share the same 41mm stainless steel case, featuring AP’s signature mix of satin-brushed and polished finishes that emphasize the collection’s contemporary architecture. The dials, finished in slate grey, showcase the intricate embossed pattern developed in collaboration with Swiss guilloché artisan Yann von Kaenel, a signature element of the collection. Inspired by ripples of water, this detailed pattern enhances the depth and texture of the dial, while the “Bleu Nuit, Nuage 50” accents on the inner bezel and chronograph counters (on the Chronograph model) provide a subtle contrast. The hands and applied indices are crafted from 18k white gold and filled with luminescent material for enhanced readability.

2025 Audemars Piguet Releases: Code 11.59 Chronograph Shades of Grey
2025 Audemars Piguet Releases: Code 11.59 Chronograph Shades of Grey

Completing the look, these stainless steel Code 11.59 by Audemars Piguet watches are paired with grey textured rubber straps with calfskin lining, secured with stainless steel pin buckles.

The time and date Selfwinding model houses the Caliber 4302, displaying hours, minutes, center seconds, and date, while the Selfwinding Chronograph is powered by Caliber 4401, an integrated flyback chronograph movement. Both automatic movements offer a 70-hour power reserve and feature a 22k pink gold rotor, visible through the sapphire caseback.

Audemars Piguet Code 11.59 Shades of Grey Watches Specs

ModelCode 11.59 SelfwindingCode 11.59 Selfwinding Chronograph
Reference15210ST.OO.A009KB.0126393ST.OO.A009KB.01
Case41mm diameter
10.7mm thick
Stainless steel
41mm diameter
12.6mm thick
Stainless steel
DialGray dialGray dial
Blue accents on the subdials
FunctionsHours, minutes, center seconds
Date
Hour, minutes, center seconds
Flyback chronograph
MovementCaliber 4302
Self-winding
4 Hz (28,800 vibrations/hour)
70-hour power reserve
Caliber 4401
Self-winding
4 Hz (28,800 vibrations/hour)
70-hour power reserve
Water Resistance30 meters30 meters
StrapGray textured rubber strap with stainless steel pin buckleGray textured rubber strap with stainless steel pin buckle
2025 Retail Price (MSRP)$26,100$36,000
Audemars Piguet Code 11.59 Shades of Grey Watch Specs

Code 11.59 Selfwinding Chronograph “Tuscany” Special Edition

Release Date: February 2025

2025 Audemars Piguet Releases Code 11.59 Selfwinding Chronograph "Tuscany" Special Edition
2025 Audemars Piguet Releases Code 11.59 Selfwinding Chronograph “Tuscany” Special Edition (Image: AP)

Audemars Piguet has introduced a fresh take on the Code 11.59 Selfwinding Chronograph for 2025 with the “Tuscany” Special Edition — a striking combination of blue ceramic and 18k white gold. This is the first time the collection features a Tuscany blue grained dial, a textured finish reminiscent of sandblasting that enhances the depth and play of light across the surface. The blue dial is paired with snailed blue chronograph subdials and set with baguette-cut diamond hour markers, adding some sparkle to the sporty layout.

The 41mm case follows the signature Code 11.59 design with a blue ceramic case middle, framed by polished and satin-finished white gold lugs, bezel, and caseback. As always, the craftsmanship is meticulous, with alternating brushed and polished surfaces showcasing AP’s attention to detail. Completing the aesthetic is a blue rubber-coated strap with a calfskin lining and a white gold pin buckle.

Caliber 4409 (Image: AP)

Inside, the in-house Caliber 4409 powers this special edition. This self-winding flyback chronograph movement operates at 4 Hz (28,800 vph) and offers a 70-hour power reserve. Visible through the exhibition caseback, the movement includes a 22k gold oscillating weight. Audemars Piguet will launch the Code 11.59 Chronograph Tuscany Special Edition exclusively in North America in March 2025, followed by a global release two months later.

Audemars Piguet Code 11.59 Selfwinding Chronograph “Tuscany” Special Edition Watch Specs

ModelCode 11.59 Chronograph
Reference26439NB.OO.A346KB.01
Case41mm diameter
12.6mm thick
18k white gold
Blue ceramic case middle
DialTuscany blue grained dial
Baguette-cut diamond hour-markers
FunctionsHour, minutes, small seconds
Flyback chronograph
MovementCaliber 4409
Self-winding
4 Hz (28,800 vibrations/hour)
70-hour power reserve
Water Resistance30 meters
StrapBlue textured rubber-coated strap with calfskin lining
18k white gold pin buckle
2025 Retail Price (MSRP)$85,600
Audemars Piguet Code 11.59 Selfwinding Chronograph “Tuscany” Special Edition Watch Specs

Code 11.59 Flying Tourbillon 38mm

Release Date: February 2025

2024 Audemars Piguet Releases: Code 11.59 Flying Tourbillon 38mm
2024 Audemars Piguet Releases: Code 11.59 Flying Tourbillon 38mm (Image: AP)

As part of the 2025 Audemars Piguet releases, the brand has unveiled the Code 11.59 Flying Tourbillon 38mm, marking the first time this complication appears in the smaller-cased Code 11.59 lineup. The 38mm case is crafted from 18k Sand Gold, and for contrast and added brilliance, the case is set with 235 brilliant-cut diamonds (~ 1.2 carats) spanning the case middle, lugs, and crown.

Of course, as a Code 11.59 watch, the signature octagonal-shaped case middle wedged between the bezel and caseback remains — as does the double-curved sapphire crystal. Going for a monochromatic look, Audemars Piguet opted to dress the Code 11.59 Flying Tourbillon 38mm with a Sand Gold-toned dial and matching alligator strap, complete with a Sand Gold clasp set with diamonds.

Audemars Piguet Caliber 2968
Caliber 2968 (Image: AP)

The open caseback reveals the ultra-thin Caliber 2968, an automatic movement that drives the flying tourbillon at 6 o’clock. The 22k pink gold rotor, finished in a Sand Gold tone to match the rest of the watch, supplies a 50-hour power reserve.

Audemars Piguet Code 11.59 Flying Tourbillon 38mm Watch Specs

ModelCode 11.59 Flying Tourbillon
Reference26665SG.ZZ.D209CR.01
Case38mm diameter
9.6mm thick
18k Sand Gold
235 brilliant-cut diamonds
DialSand gold-toned with embossed concentric circles
FunctionsHour, minutes
Flying tourbillon
MovementCaliber 2968
Self-winding
3 Hz (21,600 vibrations/hour)
50-hour power reserve
Water Resistance30 meters
StrapBeige large square scale alligator strap
18k Sand Gold three-blade folding clasp set with 42 brilliant-cut diamonds
2025 Retail Price (MSRP)On request
Audemars Piguet Code 11.59 Flying Tourbillon 38mm Watch Specs

What’s Next for AP in 2025

Audemars Piguet’s 150th anniversary collection is already proving to be a pivotal moment for the brand, bringing significant updates to its core collections while honoring its rich history. With an all-new perpetual calendar movement, freshly minted blue ceramic, expanded use of Sand Gold and ceramic, and intricate casework across the lineup, AP is ensuring that this milestone year isn’t just about looking back — it’s also about laying the groundwork for its future.

And given the significance of 2025, there’s no doubt that more Audemars Piguet releases will follow later this year. As always, stay tuned to Grey Market Magazine for all the updates.

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