International Business Machines IBM
NYSE IBM
$243.24 +9.17 (+3.92%)
At close: Sep 11, 2026 · 4:00 PM EDT

International Business Machines (IBM) EBIT Margin (2009 - 2026)

International Business Machines (IBM) posted EBIT Margin of 15.24% for Q2 2026, up 43.68% on a QoQ basis from 10.61% in Q1 2026, and down 157.0% year-over-year from 26.73% in Q2 2025.

Analysis

International Business Machines (IBM) EBIT Margin (2009 - 2026) Analysis & Trends

International Business Machines has reported EBIT Margin for 18 years, with the latest figure at 15.24% in Q2 2026.

  • On a quarterly basis, EBIT Margin fell 157.0% year-over-year to 15.24% in Q2 2026; TTM through Jun 2026 was 16.08%, a 158.0% increase from a year earlier, with the FY2025 full-year figure at 16.08%, up 272.0% from the prior year.
  • EBIT Margin was 15.24% for Q2 2026 at International Business Machines, up from 10.61% in the prior quarter.
  • The five-year high for EBIT Margin was 21.74% in Q4 2025, with the low at 6.72% in Q1 2024.
  • Average EBIT Margin over 5 years is 13.45%, with a median of 12.56% recorded in 2023.
  • The sharpest annual moves came in 2024 and 2025: EBIT Margin plunged 183 bps in 2024, then soared 458 bps in 2025.
  • Over 5 years, EBIT Margin stood at 19.54% in 2022, then grew by 10 bps to 21.45% in 2023, then declined by 4 bps to 20.55% in 2024, then rose by 6 bps to 21.74% in 2025, then retreated by 30 bps to 15.24% in 2026.
  • The last three EBIT Margin figures came in at 15.24% (Q2 2026), 10.61% (Q1 2026), and 21.74% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Microsoft 3,681.04 Bn 3,548.29 Bn 60.48 Bn 45.11%
2 International Business Machines 229.16 Bn 217.90 Bn 9.91 Bn 15.24%
3 Nebius 56.81 Bn 48.77 Bn 448.70 Mn -30.21%
4 CoreWeave 49.03 Bn 43.49 Bn 1.70 Bn -1.90%
5 Nutanix 17.82 Bn 15.80 Bn 610.79 Mn 10.03%
6 DigitalOcean Holdings 12.89 Bn 12.13 Bn 154.66 Mn 10.45%
7 Kingsoft Cloud Holdings 2.97 Bn 2.28 Bn 68.71 Mn 0.75%
8 SharonAI Holdings 2.13 Bn 263.45 Mn 1.17 Mn -1,283.24%
9 Tuya 1.10 Bn 120.87 Mn 43.05 Mn 10.02%
10 Backblaze 715.48 Mn 664.10 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 15.24%
Mar 31, 2026 10.61%
Dec 31, 2025 21.74%
Sep 30, 2025 15.49%
Jun 30, 2025 16.81%
Mar 31, 2025 8.22%
Dec 31, 2024 20.55%
Sep 30, 2024 10.91%
Jun 30, 2024 13.77%
Mar 31, 2024 6.72%
Dec 31, 2023 21.45%
Sep 30, 2023 12.74%
Jun 30, 2023 12.37%
Mar 31, 2023 7.02%
Dec 31, 2022 19.54%
Sep 30, 2022 10.12%
Jun 30, 2022 11.34%
Mar 31, 2022 7.46%
Dec 31, 2021 17.81%
Sep 30, 2021 9.01%