International Business Machines (IBM) Net Margin (2009 - 2025)
International Business Machines (IBM) recorded quarterly Net Margin of 0.11% in Q4 2025, up 1711.02% quarter-over-quarter from 0.01% in Q2 2025, and up 18.0% on a YoY basis from 0.09% in Q4 2024.
International Business Machines (IBM) Net Margin (2009 - 2025) Analysis & Trends
International Business Machines' Net Margin history runs 17 years deep, the most recent figure standing at 0.11% for Q4 2025.
- In Q4 2025, Net Margin rose 18.0% year-over-year to 0.11%; the TTM figure through Mar 2026 stood at 0.03% (up 7.0% YoY), while the FY2025 annual figure was 0.03%, up 2.0% from the prior year.
- Net Margin was 0.11% for Q4 2025 at International Business Machines, up from 0.01% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 4.19% in Q1 2021 to a low of 0.95% in Q4 2022.
- Historically, Net Margin has averaged 0.37% across 5 years, with a median of 0.01% in 2023.
- Biggest YoY gain for Net Margin was 419 bps in 2021; the steepest drop was 8697 bps in 2021.
- A 5-year view of Net Margin shows it stood at 0.78% in 2021, then slipped by 22 bps to 0.95% in 2022, then jumped by 102 bps to 0.02% in 2023, then plunged by 529 bps to 0.07% in 2024, then soared by 244 bps to 0.11% in 2025.
- The last three Net Margin figures came in at 0.11% (Q4 2025), 0.01% (Q2 2025), and 0.01% (Q1 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 18.23% |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | - |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | 14.44% |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 10.30% |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 12.17% |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 4.55% |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 14.14% |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 4.14% |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 7.61% |
| 10 | Caci International | 11.74 Bn | 11.58 Bn | 797.83 Mn | 5.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Dec 31, 2020 | 86.19% |