International Business Machines IBM
NYSE IBM
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At close: Sep 11, 2026 · 4:00 PM EDT

International Business Machines (IBM) Exchange Rate Effect (2009 - 2026)

International Business Machines (IBM) posted Exchange Rate Effect of -$34.0 million for Q2 2026, up 80.79% on a QoQ basis from -$177.0 million in Q1 2026, and down 110.63% year-over-year from $320.0 million in Q2 2025.

Analysis

International Business Machines (IBM) Exchange Rate Effect (2009 - 2026) Analysis & Trends

International Business Machines has reported Exchange Rate Effect for 18 years, with the latest figure at -$34.0 million in Q2 2026.

  • On a quarterly basis, Exchange Rate Effect fell 110.63% year-over-year to -$34.0 million in Q2 2026; TTM through Jun 2026 was -$280.0 million, a 176.92% decrease from a year earlier, with the FY2025 full-year figure at $418.0 million, up 216.43% from the prior year.
  • Exchange Rate Effect was -$34.0 million for Q2 2026 at International Business Machines, up from -$177.0 million in the prior quarter.
  • The five-year high for Exchange Rate Effect was $320.0 million in Q2 2025, with the low at -$330.0 million in Q4 2024.
  • Average Exchange Rate Effect over 5 years is -$21.5 million, with a median of -$29.5 million recorded in 2023.
  • The sharpest annual moves came in 2022 and 2024: Exchange Rate Effect soared 942.31% in 2022, then sank 762.5% in 2024.
  • Over 5 years, Exchange Rate Effect stood at $219.0 million in 2022, then sank by 41.1% to $129.0 million in 2023, then slumped by 355.81% to -$330.0 million in 2024, then surged by 96.67% to -$11.0 million in 2025, then sank by 209.09% to -$34.0 million in 2026.
  • The last three Exchange Rate Effect figures came in at -$34.0 million (Q2 2026), -$177.0 million (Q1 2026), and -$11.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Exchange Rate Effect (Qtr)
1 Microsoft 3,681.04 Bn 3,548.29 Bn 60.48 Bn -1.00 Mn
2 International Business Machines 229.16 Bn 217.90 Bn 9.91 Bn -34.00 Mn
3 Nebius 56.81 Bn 48.77 Bn 448.70 Mn 5.90 Mn
4 CoreWeave 49.03 Bn 43.49 Bn 1.70 Bn -
5 Nutanix 17.82 Bn 15.80 Bn 610.79 Mn -
6 DigitalOcean Holdings 12.89 Bn 12.13 Bn 154.66 Mn 4,000.00
7 Kingsoft Cloud Holdings 2.97 Bn 2.28 Bn 68.71 Mn -7.34 Mn
8 SharonAI Holdings 2.13 Bn 263.45 Mn 1.17 Mn -15.01 Mn
9 Tuya 1.10 Bn 120.87 Mn 43.05 Mn -
10 Backblaze 715.48 Mn 664.10 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -34.00 Mn
Mar 31, 2026 -177.00 Mn
Dec 31, 2025 -11.00 Mn
Sep 30, 2025 -58.00 Mn
Jun 30, 2025 320.00 Mn
Mar 31, 2025 167.00 Mn
Dec 31, 2024 -330.00 Mn
Sep 30, 2024 207.00 Mn
Jun 30, 2024 -77.00 Mn
Mar 31, 2024 -159.00 Mn
Dec 31, 2023 129.00 Mn
Sep 30, 2023 -119.00 Mn
Jun 30, 2023 -25.00 Mn
Mar 31, 2023 24.00 Mn
Dec 31, 2022 219.00 Mn
Sep 30, 2022 -196.00 Mn
Jun 30, 2022 -262.00 Mn
Mar 31, 2022 -5.00 Mn
Dec 31, 2021 -26.00 Mn
Sep 30, 2021 -94.00 Mn