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| Date | Value |
|---|---|
| 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% |