International Business Machines (IBM) Tax Rate (2009 - 2026)
International Business Machines (IBM) posted Tax Rate of 12.63% for Q2 2026, up 1.82% on a QoQ basis from 12.4% in Q1 2026, and down 293.0% year-over-year from 6.54% in Q2 2025.
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Analysis
International Business Machines (IBM) Tax Rate (2009 - 2026) Analysis & Trends
International Business Machines has reported Tax Rate for 18 years, with the latest figure at 12.63% in Q2 2026.
- On a quarterly basis, Tax Rate fell 293.0% year-over-year to 12.63% in Q2 2026; TTM through Jun 2026 was 2.53%, a 894.0% decrease from a year earlier, with the FY2025 full-year figure at 2.34%, up 142.0% from the prior year.
- Tax Rate was 12.63% for Q2 2026 at International Business Machines, up from 12.4% in the prior quarter.
- The five-year high for Tax Rate was 60.47% in Q3 2024, with the low at 46.74% in Q1 2024.
- Average Tax Rate over 5 years is 10.57%, with a median of 12.62% recorded in 2023.
- The sharpest annual moves came in 2022 and 2024: Tax Rate jumped 5931 bps in 2022, then sank 5846 bps in 2024.
- Over 5 years, Tax Rate stood at 13.41% in 2022, then fell by 6 bps to 12.61% in 2023, then retreated by 9 bps to 11.46% in 2024, then sank by 402 bps to 34.64% in 2025, then surged by 136 bps to 12.63% in 2026.
- The last three Tax Rate figures came in at 12.63% (Q2 2026), 12.4% (Q1 2026), and 34.64% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,681.04 Bn | 3,548.29 Bn | 60.48 Bn | 24.84% |
| 2 | International Business Machines | 229.16 Bn | 217.90 Bn | 9.91 Bn | 12.63% |
| 3 | Nebius | 56.81 Bn | 48.77 Bn | 448.70 Mn | -2,014.71% |
| 4 | CoreWeave | 49.03 Bn | 43.49 Bn | 1.70 Bn | -10.99% |
| 5 | Nutanix | 17.82 Bn | 15.80 Bn | 610.79 Mn | 11.35% |
| 6 | DigitalOcean Holdings | 12.89 Bn | 12.13 Bn | 154.66 Mn | -30.56% |
| 7 | Kingsoft Cloud Holdings | 2.97 Bn | 2.28 Bn | 68.71 Mn | 21.59% |
| 8 | SharonAI Holdings | 2.13 Bn | 263.45 Mn | 1.17 Mn | -0.30% |
| 9 | Tuya | 1.10 Bn | 120.87 Mn | 43.05 Mn | -1.13% |
| 10 | Backblaze | 715.48 Mn | 664.10 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.63% |
| Mar 31, 2026 | 12.40% |
| Dec 31, 2025 | -34.64% |
| Sep 30, 2025 | 28.23% |
| Jun 30, 2025 | 15.56% |
| Mar 31, 2025 | 8.89% |
| Dec 31, 2024 | 11.46% |
| Sep 30, 2024 | 60.47% |
| Jun 30, 2024 | 17.53% |
| Mar 31, 2024 | -46.74% |
| Dec 31, 2023 | 12.61% |
| Sep 30, 2023 | 8.49% |
| Jun 30, 2023 | 20.95% |
| Mar 31, 2023 | 11.72% |
| Dec 31, 2022 | 13.41% |
| Sep 30, 2022 | 28.59% |
| Jun 30, 2022 | 14.92% |
| Mar 31, 2022 | -6.26% |
| Dec 31, 2021 | 14.15% |
| Sep 30, 2021 | -27.55% |