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
DateValue
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%