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
DateValue
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%