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

International Business Machines (IBM) recorded quarterly Exchange Rate Effect of -$177.0 million in Q1 2026, down 1509.09% quarter-over-quarter from -$11.0 million in Q4 2025, and down 205.99% on a YoY basis from $167.0 million in Q1 2025.

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

International Business Machines' Exchange Rate Effect history runs 18 years deep, the most recent figure standing at -$177.0 million for Q1 2026.

  • In Q1 2026, Exchange Rate Effect fell 205.99% year-over-year to -$177.0 million; the TTM figure through Mar 2026 stood at $74.0 million (up 324.24% YoY), while the FY2025 annual figure was $418.0 million, up 216.43% from the prior year.
  • Exchange Rate Effect was -$177.0 million for Q1 2026 at International Business Machines, down from -$11.0 million in the prior quarter.
  • In the past five years, Exchange Rate Effect ranged from a high of $320.0 million in Q2 2025 to a low of -$330.0 million in Q4 2024.
  • Historically, Exchange Rate Effect has averaged -$20.8 million across 5 years, with a median of -$25.0 million in 2023.
  • The sharpest annual moves came in 2022 and 2024: Exchange Rate Effect surged 942.31% in 2022, then slumped 762.5% in 2024.
  • A 5-year view of Exchange Rate Effect shows it 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 jumped by 96.67% to -$11.0 million in 2025, then plunged by 1509.09% to -$177.0 million in 2026.
  • The last three Exchange Rate Effect figures came in at -$177.0 million (Q1 2026), -$11.0 million (Q4 2025), and -$58.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FX Effect (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn -3.00 Mn
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn -177.00 Mn
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn 39.09 Mn
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn 86.38 Mn
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn -1.00 Mn
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn -16.00 Mn
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn -4.60 Mn
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn -9.70 Mn
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn -1.00 Mn
10 Caci International 11.74 Bn 11.58 Bn 797.83 Mn -1.16 Mn

Historic Data

Download Data
DateValue
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
Dec 31, 2023 129.00 Mn
Dec 31, 2023 129.00 Mn