International Business Machines (IBM) EBITDA (2009 - 2026)

International Business Machines (IBM) posted quarterly EBITDA of $2.6 billion for Q2 2026, down 8.34% year-on-year from $2.9 billion in Q2 2025, and up 54.92% on a QoQ basis from $1.7 billion in Q1 2026.

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

International Business Machines (IBM) has reported EBITDA for 18 consecutive years, with $2.6 billion the latest figure, recorded in Q2 2026.

  • Quarterly EBITDA fell 8.34% year-over-year to $2.6 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $11.1 billion (up 19.64% YoY) and the FY2025 annual result came in at $10.9 billion, up 29.51% from the prior year.
  • EBITDA improved to $2.6 billion in Q2 2026 per IBM's latest filing, from $1.7 billion in the prior quarter.
  • Over the last five years, EBITDA for IBM reached as high as $4.3 billion in Q4 2025 and fell as low as $972.0 million in Q1 2024.
  • A 5-year average of $2.2 billion and a median of $1.9 billion in 2023 frame the typical range for EBITDA.
  • Annual changes were most pronounced in 2024 — EBITDA fell 13.14% — and 2025, when it jumped 54.93%.
  • Year by year, EBITDA stood at $3.3 billion in 2022, then advanced by 14.29% to $3.7 billion in 2023, then declined by 3.25% to $3.6 billion in 2024, then climbed by 18.63% to $4.3 billion in 2025, then sank by 38.89% to $2.6 billion in 2026.
  • According to Business Quant data, EBITDA over the past three periods registered $2.6 billion, $1.7 billion, and $4.3 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 2.62 Bn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 3.18 Bn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn 131.08 Mn
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn 13.53 Bn
5 Cgi 41.25 Bn 40.60 Bn - 450.41 Mn
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 423.00 Mn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 843.00 Mn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn 414.11 Mn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 359.50 Mn
10 Cdw 16.66 Bn 16.08 Bn 1.19 Bn 376.00 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 2.62 Bn
Mar 31, 2026 1.69 Bn
Dec 31, 2025 4.28 Bn
Sep 30, 2025 2.53 Bn
Jun 30, 2025 2.85 Bn
Mar 31, 2025 1.20 Bn
Dec 31, 2024 3.61 Bn
Sep 30, 2024 1.63 Bn
Jun 30, 2024 2.17 Bn
Mar 31, 2024 972.00 Mn
Dec 31, 2023 3.73 Bn
Sep 30, 2023 1.88 Bn
Jun 30, 2023 1.91 Bn
Mar 31, 2023 1.00 Bn
Dec 31, 2022 3.26 Bn
Sep 30, 2022 1.43 Bn
Jun 30, 2022 1.76 Bn
Mar 31, 2022 1.06 Bn
Dec 31, 2021 2.97 Bn
Sep 30, 2021 1.19 Bn