International Business Machines IBM
NYSE IBM
$237.67 +0.18 (+0.08%)
As of: Sep 17, 2026 · 3:59 PM EDT

International Business Machines (IBM) Net Margin (2009 - 2025)

International Business Machines (IBM) posted Net Margin of 15.68% for FY2025, up 63.41% year-over-year from 9.6% in FY2024.

Analysis

International Business Machines (IBM) Net Margin (2009 - 2025) Analysis & Trends

International Business Machines has reported Net Margin for 17 years, with the latest figure at 15.68% in FY2025.

  • 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 15.68% for FY2025 at International Business Machines, up from 9.6% in the prior year.
  • The five-year high for Net Margin was 15.68% in FY2025, with the low at 2.71% in FY2022.
  • Average Net Margin over 5 years is 10.03%, with a median of 10.01% recorded in 2021.
  • The sharpest annual moves came in 2022 and 2023: Net Margin sank 731 bps in 2022, then surged 942 bps in 2023.
  • Over 5 years, Net Margin stood at 10.01% in 2021, then plunged by 73 bps to 2.71% in 2022, then surged by 348 bps to 12.13% in 2023, then decreased by 21 bps to 9.6% in 2024, then soared by 63 bps to 15.68% in 2025.
  • The last three Net Margin figures came in at 15.68% (FY2025), 9.6% (FY2024), and 12.13% (FY2023), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Yr)
1 Microsoft 3,639.54 Bn 3,506.79 Bn 60.48 Bn 39.50%
2 International Business Machines 223.82 Bn 212.46 Bn 9.91 Bn -
3 Nebius 50.79 Bn 42.75 Bn 448.70 Mn -
4 CoreWeave 46.01 Bn 40.47 Bn 1.70 Bn -
5 Nutanix 18.26 Bn 16.24 Bn 610.79 Mn -
6 DigitalOcean Holdings 12.89 Bn 12.13 Bn 154.66 Mn -
7 Kingsoft Cloud Holdings 2.58 Bn 1.89 Bn 68.71 Mn -
8 Tuya 1.07 Bn 90.62 Mn 43.05 Mn -
9 SharonAI Holdings 983.15 Mn -878.20 Mn 1.17 Mn -
10 Backblaze 745.27 Mn 693.89 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 15.68%
Dec 31, 2024 9.60%
Dec 31, 2023 12.13%
Dec 31, 2022 2.71%
Dec 31, 2021 10.01%
Dec 31, 2020 16.93%
Dec 31, 2019 16.67%
Dec 31, 2018 10.97%
Dec 31, 2017 7.27%
Dec 31, 2016 14.40%
Dec 31, 2015 16.14%
Dec 31, 2014 12.96%
Dec 31, 2013 16.76%
Dec 31, 2012 16.14%
Dec 31, 2011 14.83%
Dec 31, 2010 14.85%
Dec 31, 2009 14.02%