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| 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 |