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

International Business Machines has reported Net Margin for 18 years, with the latest figure at 12.62% in Q2 2026.

• On a quarterly basis, Net Margin fell 31.0% year-over-year to 12.62% in Q2 2026; TTM through Jun 2026 was 15.52%, a 641.0% increase from a year earlier, with the FY2025 full-year figure at 15.68%, up 609.0% from the prior year.
• Net Margin was 12.62% for Q2 2026 at International Business Machines, up from 7.63% in the prior quarter.
• The five-year high for Net Margin was 28.44% in Q4 2025, with the low at 22.66% in Q3 2022.
• Average Net Margin over 5 years is 9.53%, with a median of 10.89% recorded in 2024.
• The sharpest annual moves came in 2022 and 2023: Net Margin plunged 3118 bps in 2022, then soared 3421 bps in 2023.
• Over 5 years, Net Margin stood at 16.23% in 2022, then gained by 17 bps to 18.92% in 2023, then slipped by 12 bps to 16.6% in 2024, then jumped by 71 bps to 28.44% in 2025, then sank by 56 bps to 12.62% in 2026.
• The last three Net Margin figures came in at 12.62% (Q2 2026), 7.63% (Q1 2026), and 28.44% (Q4 2025), per Business Quant data.