Ibex (IBEX) Operating Margin (2022 - 2026)
Ibex's (IBEX) quarterly Operating Margin came in at 9.83% in Q1 2026, up 36.0% year-on-year from 7.23% in Q1 2025, and up 5.57% on a QoQ basis from 9.31% in Q4 2025.
Ibex (IBEX) Operating Margin (2022 - 2026) Analysis & Trends
Ibex (IBEX) has 5 years of Operating Margin data on file, last reported at 9.83% in Q1 2026.
- On a quarterly basis, Operating Margin rose 36.0% year-over-year to 9.83% in Q1 2026; TTM through Mar 2026 was 9.16%, a 34.0% increase from a year earlier, with the FY2025 full-year figure at 8.35%, up 60.0% from the prior year.
- Operating Margin for Q1 2026 stood at 9.83%, up from 9.31% in the prior quarter.
- Over the last five years, Operating Margin for IBEX reached as high as 10.33% in Q2 2024 and fell as low as 5.24% in Q4 2023.
- Historically, Operating Margin has averaged 8.23% across 5 years, with a median of 8.48% in 2024.
- Across the five-year window, Operating Margin tumbled 298 bps in 2023 and surged 366 bps in 2024, its largest moves.
- Year by year, Operating Margin stood at 8.22% in 2022, then slumped by 36 bps to 5.24% in 2023, then jumped by 62 bps to 8.48% in 2024, then rose by 10 bps to 9.31% in 2025, then advanced by 6 bps to 9.83% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 9.83% in Q1 2026, 9.31% in Q4 2025, and 9.06% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 205.78 Bn | 194.43 Bn | 9.91 Bn | 15.24% |
| 2 | Accenture | 92.04 Bn | 81.87 Bn | 6.13 Bn | 16.96% |
| 3 | Cgi | 60.13 Bn | 59.48 Bn | - | - |
| 4 | GDS Holdings | 48.71 Bn | 46.57 Bn | 164.04 Mn | 26.97% |
| 5 | Infosys | 46.50 Bn | 46.50 Bn | 1.60 Bn | 21.09% |
| 6 | Cognizant Technology Solutions | 22.12 Bn | 20.60 Bn | 1.78 Bn | 15.57% |
| 7 | Fidelity National Information Services | 21.71 Bn | 20.95 Bn | 1.11 Bn | 12.84% |
| 8 | Wipro | 19.51 Bn | 15.33 Bn | 738.00 Mn | 16.01% |
| 9 | Cdw | 17.72 Bn | 17.14 Bn | 1.19 Bn | 6.62% |
| 10 | Ibex | 454.88 Mn | 439.47 Mn | 48.79 Mn | 9.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.83% |
| Dec 31, 2025 | 9.31% |
| Sep 30, 2025 | 9.06% |
| Jun 30, 2025 | 8.33% |
| Mar 31, 2025 | 9.47% |
| Dec 31, 2024 | 8.48% |
| Sep 30, 2024 | 7.01% |
| Jun 30, 2024 | 10.33% |
| Mar 31, 2024 | 8.90% |
| Dec 31, 2023 | 5.24% |
| Sep 30, 2023 | 6.69% |
| Jun 30, 2023 | 6.68% |
| Mar 31, 2023 | 9.92% |
| Dec 31, 2022 | 8.22% |
| Sep 30, 2022 | 6.00% |