International Business Machines (IBM) EBITDA Margin (2009 - 2026)
International Business Machines (IBM) posted EBITDA Margin of 23.10% for Q2 2026, down 1.16 percentage points from 24.26% a year earlier but up 4.49 percentage points from the prior quarter.
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Analysis
International Business Machines (IBM) EBITDA Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA Margin at International Business Machines was 23.61%, up 1.58 percentage points year-over-year; for FY2025, it was 23.51%, up 2.71 percentage points from FY2024.
- Annual EBITDA Margin shows a five-year change of +6.73 percentage points (FY2020 to FY2025).
- In prior years, International Business Machines' EBITDA Margin was 20.80% in FY2024 (-0.09 pp), 20.88% in FY2023 (+0.10 pp), 20.78% in FY2022 (+0.80 pp) and 19.99% in FY2021 (+3.20 pp).
- Quarterly EBITDA Margin has run from a low of 14.54% in Q1 2024 to a high of 28.32% in Q4 2025 over five years.
- On a year-over-year basis, EBITDA Margin increased in five of the last eight quarters, with an average year-over-year change of +1.19 percentage points.
- The strongest year-over-year quarter for EBITDA Margin in the past five years was Q3 2025, with a gain of 3.97 percentage points; the weakest was Q4 2021, with a drop of 39.34 percentage points.
- According to Business Quant data, EBITDA Margin for the three prior quarters was 18.61% (Q1 2026), 28.32% (Q4 2025) and 23.35% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,890.86 Bn | 3,826.35 Bn | 62.56 Bn | 62.48% |
| 2 | International Business Machines | 233.55 Bn | 188.83 Bn | 9.71 Bn | 23.94% |
| 3 | Cloudflare | 109.18 Bn | 91.62 Bn | 557.23 Mn | 4.32% |
| 4 | Equinix | 104.31 Bn | 92.20 Bn | 1.31 Bn | 44.65% |
| 5 | CoreWeave | 29.43 Bn | 14.28 Bn | 2.48 Bn | 58.81% |
| 6 | Nebius | 29.32 Bn | 122.11 Mn | 761.10 Mn | 41.30% |
| 7 | Verisign | 28.11 Bn | 25.46 Bn | 393.20 Mn | 68.47% |
| 8 | Nutanix | 16.34 Bn | 8.02 Bn | 651.35 Mn | 11.68% |
| 9 | GoDaddy | 13.97 Bn | 9.35 Bn | 843.00 Mn | 27.96% |
| 10 | Akamai Technologies | 12.30 Bn | 3.31 Bn | 617.27 Mn | 27.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.94% |
| Jun 30, 2026 | 23.10% |
| Mar 31, 2026 | 18.61% |
| Dec 31, 2025 | 28.32% |
| Sep 30, 2025 | 23.35% |
| Jun 30, 2025 | 24.26% |
| Mar 31, 2025 | 16.31% |
| Dec 31, 2024 | 26.89% |
| Sep 30, 2024 | 19.38% |
| Jun 30, 2024 | 21.10% |
| Mar 31, 2024 | 14.54% |
| Dec 31, 2023 | 28.08% |
| Sep 30, 2023 | 20.15% |
| Jun 30, 2023 | 19.33% |
| Mar 31, 2023 | 14.56% |
| Dec 31, 2022 | 26.36% |
| Sep 30, 2022 | 8.03% |
| Jun 30, 2022 | 19.36% |
| Mar 31, 2022 | 16.31% |
| Dec 31, 2021 | 26.08% |
API Access
International Business Machines EBITDA 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=ebitda-margin&ticker=IBM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "IBM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=IBM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();