I have a 2020 M1 MBP 13" bought in late November 2021 with 40 cycles and 93% health shown on macOS, ~88% in reality, as shown with terminal command: ioreg -l -w0 | grep Capacity . Looks pretty low, but I don't care, in Europe we have 2 year warranty, if it hits below 80 they should replace I guess..
Battery is holding fine though, I'm not noticing any major drops..
But it shouldn't go downhill so fast, I lost almost 700mah, like 2 months ago it was 100%, it started dropping 1% a week since June, correlates with heatwave in Europe.. It was really hot, fans weren't running though, computer wasnt getting hot, although ambient room temperature was about 30-31C. Doubt it's the reason, seems like a russian roulette with these M1 batteries, lots of people reporting waaay premature drops with their M1 machines. Another mass "replacement program" incoming?