Ibex (IBEX) Operating Margin (2022 - 2026)
Ibex (IBEX) recorded quarterly Operating Margin of 9.83% in Q1 2026, up 5.57% quarter-over-quarter from 9.31% in Q4 2025, and up 36.0% on a YoY basis from 7.23% in Q1 2025.
Ibex (IBEX) Operating Margin (2022 - 2026) Analysis & Trends
Ibex's Operating Margin history runs 5 years deep, the most recent figure standing at 9.83% for Q1 2026.
- In Q1 2026, Operating Margin rose 36.0% year-over-year to 9.83%; the TTM figure through Mar 2026 stood at 9.16% (up 34.0% YoY), while the FY2025 annual figure was 8.35%, up 60.0% from the prior year.
- Operating Margin was 9.83% for Q1 2026 at Ibex, up from 9.31% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 10.33% in Q2 2024 to a low of 5.24% in Q4 2023.
- Historically, Operating Margin has averaged 8.23% across 5 years, with a median of 8.48% in 2024.
- The sharpest annual moves came in 2023 and 2024: Operating Margin slumped 298 bps in 2023, then surged 366 bps in 2024.
- A 5-year view of Operating Margin shows it stood at 8.22% in 2022, then tumbled by 36 bps to 5.24% in 2023, then soared by 62 bps to 8.48% in 2024, then increased by 10 bps to 9.31% in 2025, then gained by 6 bps to 9.83% in 2026.
- The last three Operating Margin figures came in at 9.83% (Q1 2026), 9.31% (Q4 2025), and 9.06% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 20.93% |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 10.61% |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | 17.31% |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 13.82% |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 15.57% |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 12.84% |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 18.40% |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 6.62% |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 11.55% |
| 10 | Ibex | 402.00 Mn | 386.60 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% |