International Business Machines (IBM) EBT Margin (2009 - 2026)
International Business Machines (IBM) posted EBT Margin of 14.44% for Q2 2026, up 65.77% on a QoQ basis from 8.71% in Q1 2026, and down 85.0% year-over-year from 96.3% in Q2 2025.
Analysis
International Business Machines (IBM) EBT Margin (2009 - 2026) Analysis & Trends
International Business Machines has reported EBT Margin for 18 years, with the latest figure at 14.44% in Q2 2026.
- On a quarterly basis, EBT Margin fell 85.0% year-over-year to 14.44% in Q2 2026; TTM through Jun 2026 was 15.11%, a 533.0% increase from a year earlier, with the FY2025 full-year figure at 15.29%, up 606.0% from the prior year.
- EBT Margin was 14.44% for Q2 2026 at International Business Machines, up from 8.71% in the prior quarter.
- The five-year high for EBT Margin was 21.63% in Q4 2023, with the low at 31.91% in Q3 2022.
- Average EBT Margin over 5 years is 9.74%, with a median of 12.81% recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: EBT Margin slumped 3804 bps in 2022, then surged 4460 bps in 2023.
- Over 5 years, EBT Margin stood at 19.84% in 2022, then advanced by 9 bps to 21.63% in 2023, then declined by 13 bps to 18.83% in 2024, then advanced by 12 bps to 21.05% in 2025, then plunged by 31 bps to 14.44% in 2026.
- The last three EBT Margin figures came in at 14.44% (Q2 2026), 8.71% (Q1 2026), and 21.05% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,681.04 Bn | 3,548.29 Bn | 60.48 Bn | 48.94% |
| 2 | International Business Machines | 229.16 Bn | 217.90 Bn | 9.91 Bn | 14.44% |
| 3 | Nebius | 56.81 Bn | 48.77 Bn | 448.70 Mn | -0.12% |
| 4 | CoreWeave | 49.03 Bn | 43.49 Bn | 1.70 Bn | -21.90% |
| 5 | Nutanix | 17.82 Bn | 15.80 Bn | 610.79 Mn | 11.57% |
| 6 | DigitalOcean Holdings | 12.89 Bn | 12.13 Bn | 154.66 Mn | 9.65% |
| 7 | Kingsoft Cloud Holdings | 2.97 Bn | 2.28 Bn | 68.71 Mn | -2.49% |
| 8 | SharonAI Holdings | 2.13 Bn | 263.45 Mn | 1.17 Mn | -22,215.33% |
| 9 | Tuya | 1.10 Bn | 120.87 Mn | 43.05 Mn | 20.28% |
| 10 | Backblaze | 715.48 Mn | 664.10 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.44% |
| Mar 31, 2026 | 8.71% |
| Dec 31, 2025 | 21.05% |
| Sep 30, 2025 | 14.88% |
| Jun 30, 2025 | 15.30% |
| Mar 31, 2025 | 7.96% |
| Dec 31, 2024 | 18.83% |
| Sep 30, 2024 | -5.36% |
| Jun 30, 2024 | 14.07% |
| Mar 31, 2024 | 7.43% |
| Dec 31, 2023 | 21.63% |
| Sep 30, 2023 | 12.70% |
| Jun 30, 2023 | 12.92% |
| Mar 31, 2023 | 7.42% |
| Dec 31, 2022 | 19.84% |
| Sep 30, 2022 | -31.91% |
| Jun 30, 2022 | 11.08% |
| Mar 31, 2022 | 4.39% |
| Dec 31, 2021 | 17.19% |
| Sep 30, 2021 | 6.14% |