International Business Machines (IBM) Tax Rate (2009 - 2026)
International Business Machines (IBM) recorded quarterly Tax Rate of 12.4% in Q1 2026, up 135.8% quarter-over-quarter from 34.64% in Q4 2025, and up 351.0% on a YoY basis from 2.75% in Q1 2025.
International Business Machines (IBM) Tax Rate (2009 - 2026) Analysis & Trends
International Business Machines' Tax Rate history runs 18 years deep, the most recent figure standing at 12.4% for Q1 2026.
- In Q1 2026, Tax Rate rose 351.0% year-over-year to 12.4%; the TTM figure through Mar 2026 stood at 1.64% (down 820.0% YoY), while the FY2025 annual figure was 2.34%, up 142.0% from the prior year.
- Tax Rate was 12.4% for Q1 2026 at International Business Machines, up from 34.64% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 60.47% in Q3 2024 to a low of 46.74% in Q1 2024.
- Historically, Tax Rate has averaged 10.45% across 5 years, with a median of 12.61% in 2023.
- The sharpest annual moves came in 2022 and 2024: Tax Rate soared 5931 bps in 2022, then slumped 5846 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 13.41% in 2022, then declined by 6 bps to 12.61% in 2023, then fell by 9 bps to 11.46% in 2024, then slumped by 402 bps to 34.64% in 2025, then surged by 136 bps to 12.4% in 2026.
- The last three Tax Rate figures came in at 12.4% (Q1 2026), 34.64% (Q4 2025), and 28.23% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 21.23% |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 12.40% |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | - |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 24.31% |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 23.99% |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 40.93% |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 18.88% |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 26.21% |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 21.91% |
| 10 | Caci International | 11.74 Bn | 11.58 Bn | 797.83 Mn | 26.17% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.40% |
| Mar 31, 2026 | 12.40% |
| Dec 31, 2025 | -34.64% |
| Dec 31, 2025 | -34.64% |
| Sep 30, 2025 | 28.23% |
| Sep 30, 2025 | 28.23% |
| Jun 30, 2025 | 15.56% |
| Jun 30, 2025 | 15.56% |
| Mar 31, 2025 | 8.89% |
| Mar 31, 2025 | 8.89% |
| Dec 31, 2024 | 11.46% |
| Dec 31, 2024 | 11.46% |
| Sep 30, 2024 | 60.47% |
| Sep 30, 2024 | 60.47% |
| Jun 30, 2024 | 17.53% |
| Jun 30, 2024 | 17.53% |
| Mar 31, 2024 | -46.74% |
| Mar 31, 2024 | -46.74% |
| Dec 31, 2023 | 12.61% |
| Dec 31, 2023 | 12.61% |