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International Business Machines Corporation (IBM)
Profitability & Net Margin History
Current Net Margin
28.45%
International Business Machines Corporation currently has a net profit margin of 28.45%.
Financial Fundamentals
IBM • Quarterly Data • 5Y View
Historical Margin Data
| Date | Rev ($B) | NI ($B) | Net Margin | Change (bps) |
|---|---|---|---|---|
| 2025-12-31 | 19.69 | 5.60 | 28.45% | ▲1777 |
| 2025-09-30 | 16.33 | 1.74 | 10.68% | ▼224 |
| 2025-06-30 | 16.98 | 2.19 | 12.92% | ▲567 |
| 2025-03-31 | 14.54 | 1.05 | 7.26% | ▼935 |
| 2024-12-31 | 17.55 | 2.91 | 16.60% | ▲1881 |
| 2024-09-30 | 14.97 | -0.33 | -2.20% | ▼1384 |
| 2024-06-30 | 15.77 | 1.83 | 11.63% | ▲53 |
| 2024-03-31 | 14.46 | 1.60 | 11.10% | ▼782 |
| 2023-12-31 | 17.38 | 3.29 | 18.92% | ▲737 |
| 2023-09-30 | 14.75 | 1.70 | 11.55% | ▲132 |
| 2023-06-30 | 15.47 | 1.58 | 10.23% | ▲373 |
| 2023-03-31 | 14.25 | 0.93 | 6.50% | ▼974 |
| 2022-12-31 | 16.69 | 2.71 | 16.24% | ▲3890 |
| 2022-09-30 | 14.11 | -3.20 | -22.66% | ▼3162 |
| 2022-06-30 | 15.54 | 1.39 | 8.96% | ▲380 |
| 2022-03-31 | 14.20 | 0.73 | 5.16% | ▼881 |
| 2021-12-31 | 16.70 | 2.33 | 13.97% | ▲544 |
| 2021-09-30 | 13.25 | 1.13 | 8.53% | ▼79 |
| 2021-06-30 | 14.22 | 1.32 | 9.32% | ▲208 |
| 2021-03-31 | 13.19 | 0.95 | 7.24% | ▲59 |
| 2020-12-31 | 20.37 | 1.35 | 6.65% | ▼301 |
| 2020-09-30 | 17.56 | 1.70 | 9.66% | ▲215 |
| 2020-06-30 | 18.12 | 1.36 | 7.51% | ▲82 |
| 2020-03-31 | 17.57 | 1.18 | 6.69% | ▼1017 |
| 2019-12-31 | 21.78 | 3.67 | 16.85% | ▲758 |
| 2019-09-30 | 18.03 | 1.67 | 9.27% | ▼376 |
| 2019-06-30 | 19.16 | 2.50 | 13.04% | ▲429 |
| 2019-03-31 | 18.18 | 1.59 | 8.75% | ▼22 |
| 2018-12-31 | 21.76 | 1.95 | 8.97% | ▼540 |
| 2018-09-30 | 18.76 | 2.69 | 14.36% | ▲235 |
| 2018-06-30 | 20.00 | 2.40 | 12.01% | ▲321 |
| 2018-03-31 | 19.07 | 1.68 | 8.80% | ▲1348 |
| 2017-12-31 | 22.54 | -1.05 | -4.68% | ▼1891 |
| 2017-09-30 | 19.15 | 2.73 | 14.23% | ▲215 |
| 2017-06-30 | 19.29 | 2.33 | 12.08% | ▲245 |
| 2017-03-31 | 18.16 | 1.75 | 9.64% | ▼1104 |
| 2016-12-31 | 21.77 | 4.50 | 20.67% | ▲584 |
| 2016-09-30 | 19.23 | 2.85 | 14.84% | ▲246 |
| 2016-06-30 | 20.24 | 2.50 | 12.38% | ▲160 |
| 2016-03-31 | 18.68 | 2.01 | 10.77% | ▼945 |
| 2015-12-31 | 22.06 | 4.46 | 20.23% | ▲493 |
| 2015-09-30 | 19.28 | 2.95 | 15.30% | ▼127 |
| 2015-06-30 | 20.81 | 3.45 | 16.57% | ▲469 |
| 2015-03-31 | 19.59 | 2.33 | 11.88% | ▼1086 |
| 2014-12-31 | 24.11 | 5.48 | 22.74% | ▲2266 |
| 2014-09-30 | 22.40 | 0.02 | 0.08% | ▼1712 |
| 2014-06-30 | 24.05 | 4.14 | 17.20% | ▲648 |
| 2014-03-31 | 22.24 | 2.38 | 10.72% | ▼1160 |
| 2013-12-31 | 27.70 | 6.18 | 22.33% | ▲501 |
| 2013-09-30 | 23.34 | 4.04 | 17.32% | ▲437 |
| 2013-06-30 | 24.92 | 3.23 | 12.94% | ▼1 |
| 2013-03-31 | 23.41 | 3.03 | 12.95% | ▼695 |
| 2012-12-31 | 29.30 | 5.83 | 19.91% | ▲445 |
| 2012-09-30 | 24.75 | 3.82 | 15.45% | ▲40 |
| 2012-06-30 | 25.78 | 3.88 | 15.05% | ▲263 |
| 2012-03-31 | 24.67 | 3.07 | 12.43% | ▼619 |
| 2011-12-31 | 29.49 | 5.49 | 18.62% | ▲394 |
| 2011-09-30 | 26.16 | 3.84 | 14.68% | ▲94 |
| 2011-06-30 | 26.67 | 3.66 | 13.74% | ▲210 |
| 2011-03-31 | 24.61 | 2.86 | 11.63% | ▼648 |
| 2010-12-31 | 29.02 | 5.26 | 18.12% | ▲333 |
| 2010-09-30 | 24.27 | 3.59 | 14.79% | ▲51 |
| 2010-06-30 | 23.72 | 3.39 | 14.27% | ▲289 |
| 2010-03-31 | 22.86 | 2.60 | 11.38% | ▼630 |
| 2009-12-31 | 27.23 | 4.81 | 17.68% | ▲404 |
| 2009-09-30 | 23.57 | 3.21 | 13.64% | ▲29 |
| 2009-06-30 | 23.25 | 3.10 | 13.35% | ▲278 |
| 2009-03-31 | 21.71 | 2.29 | 10.57% | ▼582 |
| 2008-12-31 | 27.01 | 4.43 | 16.39% | ▲523 |
| 2008-09-30 | 25.30 | 2.82 | 11.16% | ▲85 |
| 2008-06-30 | 26.82 | 2.77 | 10.31% | ▲84 |
| 2008-03-31 | 24.50 | 2.32 | 9.46% | ▼340 |
| 2007-12-31 | 30.72 | 3.95 | 12.87% | ▲308 |
| 2007-09-30 | 24.12 | 2.36 | 9.79% | ▲3 |
| 2007-06-30 | 23.17 | 2.26 | 9.75% | ▲114 |
| 2007-03-31 | 21.41 | 1.84 | 8.61% | ▼487 |
| 2006-12-31 | 26.26 | 3.54 | 13.48% | ▲339 |
| 2006-09-30 | 22.03 | 2.22 | 10.09% | ▲60 |
| 2006-06-30 | 21.31 | 2.02 | 9.49% | ▲98 |
| 2006-03-31 | 20.08 | 1.71 | 8.51% | ▼454 |
| 2005-12-31 | 24.43 | 3.19 | 13.05% | ▲601 |
| 2005-09-30 | 21.53 | 1.52 | 7.04% | ▼117 |
| 2005-06-30 | 22.27 | 1.83 | 8.21% | ▲209 |
| 2005-03-31 | 22.91 | 1.40 | 6.12% | ▼495 |
| 2004-12-31 | 27.46 | 3.04 | 11.07% | ▲441 |
| 2004-09-30 | 23.35 | 1.55 | 6.66% | ▼86 |
| 2004-06-30 | 23.10 | 1.74 | 7.51% | ▲136 |
| 2004-03-31 | 22.18 | 1.36 | 6.15% | ▼431 |
| 2003-12-31 | 25.91 | 2.71 | 10.45% | ▲216 |
| 2003-09-30 | 21.52 | 1.78 | 8.29% | ▲41 |
| 2003-06-30 | 21.63 | 1.71 | 7.88% | ▲98 |
| 2003-03-31 | 20.07 | 1.38 | 6.90% | ▲260 |
| 2002-12-31 | 23.68 | 1.02 | 4.30% | ▼233 |
| 2002-09-30 | 19.82 | 1.31 | 6.62% | ▲634 |
| 2002-06-30 | 19.65 | 0.06 | 0.28% | ▼633 |
| 2002-03-31 | 18.03 | 1.19 | 6.61% | ▼361 |
| 2001-12-31 | 22.83 | 2.33 | 10.22% | ▲216 |
| 2001-09-30 | 19.78 | 1.59 | 8.06% | ▼175 |
| 2001-06-30 | 20.83 | 2.04 | 9.82% | ▲150 |
| 2001-03-31 | 21.04 | 1.75 | 8.32% | ▼211 |
| 2000-12-31 | 25.62 | 2.67 | 10.42% | ▲141 |
| 2000-09-30 | 21.78 | 1.96 | 9.01% | ▲5 |
| 2000-06-30 | 21.65 | 1.94 | 8.96% | ▲111 |
| 2000-03-31 | 19.35 | 1.52 | 7.85% | ▼79 |
| 1999-12-31 | 24.18 | 2.09 | 8.64% | ▲31 |
| 1999-09-30 | 21.14 | 1.76 | 8.33% | ▼258 |
| 1999-06-30 | 21.91 | 2.39 | 10.92% | ▲368 |
| 1999-03-31 | 20.32 | 1.47 | 7.24% | ▼317 |
| 1998-12-31 | 22.54 | 2.35 | 10.41% | ▲297 |
| 1998-09-30 | 20.09 | 1.49 | 7.43% | ▼28 |
| 1998-06-30 | 18.82 | 1.45 | 7.71% | ▲183 |
| 1998-03-31 | 17.62 | 1.04 | 5.88% | ▼294 |
| 1997-12-31 | 23.72 | 2.09 | 8.82% | ▲152 |
| 1997-09-30 | 18.61 | 1.36 | 7.30% | ▼36 |
| 1997-06-30 | 18.87 | 1.45 | 7.66% | ▲76 |
| 1997-03-31 | 17.31 | 1.20 | 6.90% | ▼250 |
| 1996-12-31 | 21.52 | 2.02 | 9.40% | ▲229 |
| 1996-09-30 | 18.06 | 1.28 | 7.11% | ▼29 |
| 1996-06-30 | 18.18 | 1.35 | 7.41% | ▲273 |
| 1996-03-31 | 16.56 | 0.77 | 4.67% | — |
* Basis Point (bps) change measures sequential efficiency shifts. 100 bps = 1.00% Margin change.