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

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

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

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

  • Quarterly Exchange Rate Effect fell 110.63% year-over-year to -$34.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$280.0 million (down 176.92% YoY) and the FY2025 annual result came in at $418.0 million, up 216.43% from the prior year.
  • Exchange Rate Effect climbed to -$34.0 million in Q2 2026 per IBM's latest filing, from -$177.0 million in the prior quarter.
  • Over the last five years, Exchange Rate Effect for IBM reached as high as $320.0 million in Q2 2025 and fell as low as -$330.0 million in Q4 2024.
  • A 5-year average of -$21.5 million and a median of -$29.5 million in 2023 frame the typical range for Exchange Rate Effect.
  • Annual changes were most pronounced in 2022 — Exchange Rate Effect soared 942.31% — and 2024, when it sank 762.5%.
  • Year by year, Exchange Rate Effect stood at $219.0 million in 2022, then slumped by 41.1% to $129.0 million in 2023, then tumbled by 355.81% to -$330.0 million in 2024, then soared by 96.67% to -$11.0 million in 2025, then slumped by 209.09% to -$34.0 million in 2026.
  • According to Business Quant data, Exchange Rate Effect over the past three periods registered -$34.0 million, -$177.0 million, and -$11.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Exchange Rate Effect (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn -34.00 Mn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn -47.45 Mn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn -11.50 Mn
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn -
5 Cgi 41.25 Bn 40.60 Bn - 7.29 Mn
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn -16.00 Mn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn -1.00 Mn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn -1.92 Mn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn -4.60 Mn
10 Cdw 16.66 Bn 16.08 Bn 1.19 Bn -9.70 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -34.00 Mn
Jun 30, 2026 -34.00 Mn
Mar 31, 2026 -177.00 Mn
Mar 31, 2026 -177.00 Mn
Dec 31, 2025 -11.00 Mn
Dec 31, 2025 -11.00 Mn
Sep 30, 2025 -58.00 Mn
Sep 30, 2025 -58.00 Mn
Jun 30, 2025 320.00 Mn
Jun 30, 2025 320.00 Mn
Mar 31, 2025 167.00 Mn
Mar 31, 2025 167.00 Mn
Dec 31, 2024 -330.00 Mn
Dec 31, 2024 -330.00 Mn
Sep 30, 2024 207.00 Mn
Sep 30, 2024 207.00 Mn
Jun 30, 2024 -77.00 Mn
Jun 30, 2024 -77.00 Mn
Mar 31, 2024 -159.00 Mn
Mar 31, 2024 -159.00 Mn