International Business Machines (IBM) Net Margin (2009 - 2026)

International Business Machines (IBM) posted quarterly Net Margin of 0.01% for Q2 2026, down 1.0% year-on-year from 0.01% in Q2 2025, and down 105.46% on a QoQ basis from 0.11% in Q4 2025.

International Business Machines (IBM) Net Margin (2009 - 2026) Analysis & Trends

International Business Machines (IBM) has reported Net Margin for 18 consecutive years, with 0.01% the latest figure, recorded in Q2 2026.

  • Quarterly Net Margin fell 1.0% year-over-year to 0.01% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.03% (up 7.0% YoY) and the FY2025 annual result came in at 0.03%, up 2.0% from the prior year.
  • Net Margin eased to 0.01% in Q2 2026 per IBM's latest filing, from 0.11% in the prior quarter.
  • Over the last five years, Net Margin for IBM reached as high as 0.5% in Q1 2022 and fell as low as 0.95% in Q4 2022.
  • A 5-year average of 0.04% and a median of 0.01% in 2025 frame the typical range for Net Margin.
  • Annual changes were most pronounced in 2022 — Net Margin slumped 409 bps — and 2023, when it soared 97 bps.
  • Year by year, Net Margin stood at 0.95% in 2022, then soared by 102 bps to 0.02% in 2023, then plunged by 529 bps to 0.07% in 2024, then surged by 244 bps to 0.11% in 2025, then slumped by 105 bps to 0.01% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 0.01%, 0.11%, and 0.01% for Q2 2026, Q4 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn -0.01%
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 12.76%
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn 77.94%
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn 1,602.13%
5 Cgi 41.25 Bn 40.60 Bn - 10.70%
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 4.64%
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 12.17%
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn 13.71%
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 14.14%
10 Cdw 16.66 Bn 16.08 Bn 1.19 Bn 4.14%

Historic Data

Download Data
DateValue
Jun 30, 2026 -0.01%
Dec 31, 2025 0.11%
Jun 30, 2025 0.01%
Mar 31, 2025 0.01%
Dec 31, 2024 -0.07%
Sep 30, 2024 -0.09%
Jun 30, 2024 0.03%
Mar 31, 2024 0.21%
Dec 31, 2023 0.02%
Sep 30, 2023 -0.07%
Jun 30, 2023 0.01%
Mar 31, 2023 -0.05%
Dec 31, 2022 -0.95%
Sep 30, 2022 0.13%
Jun 30, 2022 -0.47%
Mar 31, 2022 0.50%
Dec 31, 2021 -0.78%
Sep 30, 2021 0.70%
Jun 30, 2021 3.62%
Mar 31, 2021 4.19%