International Business Machines (IBM) EBIT Margin (2009 - 2026)
International Business Machines (IBM) recorded quarterly EBIT Margin of 10.61% in Q1 2026, down 51.21% quarter-over-quarter from 21.74% in Q4 2025, and up 239.0% on a YoY basis from 3.13% in Q1 2025.
International Business Machines (IBM) EBIT Margin (2009 - 2026) Analysis & Trends
International Business Machines' EBIT Margin history runs 18 years deep, the most recent figure standing at 10.61% for Q1 2026.
- In Q1 2026, EBIT Margin rose 239.0% year-over-year to 10.61%; the TTM figure through Mar 2026 stood at 16.47% (up 277.0% YoY), while the FY2025 annual figure was 16.08%, up 272.0% from the prior year.
- EBIT Margin was 10.61% for Q1 2026 at International Business Machines, down from 21.74% in the prior quarter.
- In the past five years, EBIT Margin ranged from a high of 21.74% in Q4 2025 to a low of 6.72% in Q1 2024.
- Historically, EBIT Margin has averaged 13.34% across 5 years, with a median of 12.37% in 2023.
- The sharpest annual moves came in 2024 and 2025: EBIT Margin sank 183 bps in 2024, then surged 458 bps in 2025.
- A 5-year view of EBIT Margin shows it stood at 19.54% in 2022, then climbed by 10 bps to 21.45% in 2023, then dropped by 4 bps to 20.55% in 2024, then increased by 6 bps to 21.74% in 2025, then slumped by 51 bps to 10.61% in 2026.
- The last three EBIT Margin figures came in at 10.61% (Q1 2026), 21.74% (Q4 2025), and 15.49% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT 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 | Caci International | 11.74 Bn | 11.58 Bn | 797.83 Mn | 9.74% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 9.58% |