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-over-year from $320.0 million in Q2 2025, and up 80.79% quarter-over-quarter from -$177.0 million in Q1 2026.
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 -$34.0 million for Q2 2026.
- In Q2 2026, Exchange Rate Effect fell 110.63% year-over-year to -$34.0 million; the TTM figure through Jun 2026 stood at -$280.0 million (down 176.92% YoY), while the FY2025 annual figure was $418.0 million, up 216.43% from the prior year.
- Exchange Rate Effect for Q2 2026 stood at -$34.0 million, 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.
- The 5-year median for Exchange Rate Effect is -$29.5 million (2023), against an average of -$21.5 million.
- The sharpest annual moves came in 2022 and 2024: Exchange Rate Effect jumped 942.31% in 2022, then sank 762.5% in 2024.
- International Business Machines' 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 soared by 96.67% to -$11.0 million in 2025, then sank by 209.09% to -$34.0 million in 2026.
- Business Quant data shows IBM's Exchange Rate Effect at -$34.0 million in Q2 2026, -$177.0 million in Q1 2026, and -$11.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | -34.00 Mn |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | -47.45 Mn |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | 10.00 Mn |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | 1.05 Bn |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | -1.00 Mn |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | -5.00 Mn |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | -2.00 Mn |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | -1.92 Mn |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | 1.00 Mn |
| 10 | Cdw | 16.95 Bn | 16.59 Bn | 1.32 Bn | -800,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |