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-over-year from $2.9 billion in Q2 2025, and up 54.92% quarter-over-quarter from $1.7 billion in Q1 2026.
International Business Machines (IBM) EBITDA (2009 - 2026) Analysis & Trends
International Business Machines' EBITDA history runs 18 years deep, the most recent figure standing at $2.6 billion for Q2 2026.
- In Q2 2026, EBITDA fell 8.34% year-over-year to $2.6 billion; the TTM figure through Jun 2026 stood at $11.1 billion (up 19.64% YoY), while the FY2025 annual figure was $10.9 billion, up 29.51% from the prior year.
- EBITDA for Q2 2026 stood at $2.6 billion, up from $1.7 billion in the prior quarter.
- The five-year high for EBITDA was $4.3 billion in Q4 2025, with the low at $972.0 million in Q1 2024.
- The 5-year median for EBITDA is $1.9 billion (2023), against an average of $2.2 billion.
- The sharpest annual moves came in 2024 and 2025: EBITDA dropped 13.14% in 2024, then surged 54.93% in 2025.
- International Business Machines' EBITDA stood at $3.3 billion in 2022, then increased by 14.29% to $3.7 billion in 2023, then decreased by 3.25% to $3.6 billion in 2024, then rose by 18.63% to $4.3 billion in 2025, then plunged by 38.89% to $2.6 billion in 2026.
- Business Quant data shows IBM's EBITDA at $2.6 billion in Q2 2026, $1.7 billion in Q1 2026, and $4.3 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | 2.62 Bn |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 3.18 Bn |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | 13.53 Bn |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | 480.36 Mn |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | 874.00 Mn |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | 507.00 Mn |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | 546.30 Mn |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | 414.12 Mn |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | 514.00 Mn |
| 10 | Cdw | 16.95 Bn | 16.59 Bn | 1.32 Bn | 428.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |