International Business Machines IBM
NYSE IBM
$222.62 -3.05 (-1.35%)
At close: Oct 2, 2026 · 4:00 PM EDT

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

Updated

International Business Machines (IBM) posted EBIT Margin of 15.24% for Q2 2026, down 1.57 percentage points from 16.81% a year earlier but up 4.63 percentage points from the prior quarter.

Analysis

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

For the trailing twelve months through Jun 30, 2026, EBIT Margin at International Business Machines was 16.08%, up 1.58 percentage points year-over-year; for FY2025, it was 16.08%, up 2.72 percentage points from FY2024.

  • Annual EBIT Margin shows a five-year change of +8.75 percentage points (FY2020 to FY2025).
  • In prior years, International Business Machines' EBIT Margin was 13.36% in FY2024 (-0.42 pp), 13.78% in FY2023 (+1.37 pp), 12.41% in FY2022 (+1.51 pp) and 10.90% in FY2021 (+3.58 pp).
  • Quarterly EBIT Margin has run from a low of 6.72% in Q1 2024 to a high of 21.74% in Q4 2025 over five years.
  • On a year-over-year basis, EBIT Margin increased in five of the last eight quarters, with an average year-over-year change of +1.05 percentage points.
  • The strongest year-over-year quarter for EBIT Margin in the past five years was Q4 2021, with a gain of 40.60 percentage points; the weakest was Q3 2021, with a drop of 3.91 percentage points.
  • According to Business Quant data, EBIT Margin for the three prior quarters was 10.61% (Q1 2026), 21.74% (Q4 2025) and 15.49% (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Microsoft 3,843.70 Bn 3,766.85 Bn 60.48 Bn 45.11%
2 International Business Machines 209.74 Bn 160.64 Bn 9.91 Bn 15.24%
3 Cloudflare 112.41 Bn 95.94 Bn 499.52 Mn -29.55%
4 Equinix 101.21 Bn 89.76 Bn 1.40 Bn 25.33%
5 Nebius 61.44 Bn 34.87 Bn 448.70 Mn -30.21%
6 CoreWeave 49.38 Bn 36.47 Bn 1.70 Bn -1.90%
7 Verisign 26.06 Bn 23.28 Bn 384.60 Mn 68.18%
8 Nutanix 19.56 Bn 11.24 Bn 651.35 Mn 9.24%
9 Akamai Technologies 15.64 Bn 9.05 Bn 613.75 Mn 7.30%
10 DigitalOcean Holdings 14.71 Bn 12.71 Bn 154.66 Mn 10.45%
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%
API Access

International Business Machines EBIT Margin API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=ebit-margin&ticker=IBM&period=max&api_key=YOUR_API_KEY