What is the current annual gross margin of IBM?

As of today, IBM annual gross margin is 59.50%

What is 1-year change in IBM annual gross margin?

IBM annual gross margin is up +6.33% year-over-year

What is 3-year change in IBM annual gross margin?

IBM annual gross margin is up +15.06% over the past 3 years

How far is IBM annual gross margin from its all-time high?

IBM annual gross margin is currently -2.90% below its historical high of 61.28% set on December 1, 1980

How does IBM annual gross margin rank versus sector peers?

IBM annual gross margin is higher than 71.09% of companies in Technology sector

When is IBM next annual earnings release?

As of today, the next annual earnings release for IBM has not been scheduled

What is the current quarterly gross margin of IBM?

As of today, IBM quarterly gross margin is 55.73%

What is IBM quarterly gross margin most recent change?

IBM quarterly gross margin was down -7.02% on March 31, 2026

What is 1-year change in IBM quarterly gross margin?

IBM quarterly gross margin is up +2.14% year-over-year

How far is IBM quarterly gross margin from its all-time high?

IBM quarterly gross margin is currently -12.83% below its historical high of 63.93% set on September 30, 1990

How does IBM quarterly gross margin rank versus sector peers?

IBM quarterly gross margin is higher than 64.03% of companies in Technology sector

When is IBM next earnings release?

The next earnings release for IBM is on July 22, 2026

IBM Gross Margin History & Chart Since 1980

Annual Gross Margin

59.50%3.54%+6.33%

December 31, 2025

Summary

Current Value: As of today, IBM annual gross margin is 59.50%, up +6.33% on December 31, 2025
Historical Performance: IBM annual gross margin is up +15.06% over the past 3 years, up +8.81% over the past 5 years
All-Time High Comparison: IBM annual gross margin is currently -2.90% below its historical high of 61.28% set on December 1, 1980
3-Year Low Comparison: IBM annual gross margin is +15.06% above its 3-year low of 51.71% reached on an earlier date
Sector Comparison: IBM annual gross margin is higher than 71.09% of companies in Technology sector

Gross Margin Chart

Performance

IBM Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	59.50%	+6.3%	+15.1%	+8.8%	+31.0%
Quarterly Gross Margin	Mar 31, 26	55.73%	+2.1%	+7.3%	+6.0%	+27.3%
Price	May 14, 26	$220.56	-14.4%	+79.5%	+59.5%	+35.8%
PE Ratio	May 14, 26	19.50	-56.0%	-68.8%	-15.7%	+43.1%
Annual Revenue	Dec 31, 25	$67.54B	+7.6%	+11.6%	+22.4%	-32.4%
Annual Gross Profit	Dec 31, 25	$40.19B	+14.4%	+28.4%	+33.2%	-11.4%
Annual Operating Margin	Dec 31, 25	15.29%	-10.3%	+19.2%	+26.8%	-18.1%
Annual Net Margin	Dec 31, 25	15.65%	+62.9%	+425.2%	+118.9%	+5.3%

Gross Margin Highs

IBM Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	59.50%	Dec 31, 25	at high
5Y	59.50%	Dec 31, 25	at high
All	61.28%	Dec 1, 80	-2.9%

Gross Margin Lows

IBM Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	51.71%	N/A	+15.1%
5Y	51.71%	Dec 31, 22	+15.1%
All	36.38%	Dec 31, 04	+63.5%

Gross Margin History

Year	Value	Change
2025	59.50%	+6.3%
2024	55.96%	+3.3%
2023	54.15%	+4.7%
2022	51.71%	-3.7%
2021	53.72%	-1.8%
2020	54.68%	+19.2%
2019	45.87%	+1.3%
2018	45.29%	-0.4%
2017	45.46%	-2.8%
2016	46.78%	-4.0%
2015	48.71%	-1.2%
2014	49.29%	+1.2%
2013	48.72%	+2.7%
2012	47.43%	+2.2%
2011	46.40%	+2.1%
2010	45.43%	+1.0%
2009	44.99%	+3.5%
2008	43.46%	+4.5%
2007	41.60%	+1.0%
2006	41.19%	+4.7%
2005	39.34%	+8.1%
2004	36.38%	-0.4%
2003	36.52%	-0.4%

Year	Value	Change
2002	36.68%	-0.9%
2001	37.01%	+0.9%
2000	36.68%	+0.0%
1999	36.67%	-3.0%
1998	37.80%	-3.1%
1997	38.99%	-3.0%
1996	40.21%	-4.7%
1995	42.21%	+6.9%
1994	39.47%	+2.5%
1993	38.50%	-15.7%
1992	45.65%	-8.5%
1991	49.88%	-10.1%
1990	55.49%	-3.0%
1989	57.20%	-3.9%
1988	59.55%	+9.0%
1987	54.61%	+0.4%
1986	54.38%	-6.0%
1985	57.84%	-1.7%
1984	58.82%	-0.6%
1983	59.20%	-1.6%
1982	60.17%	+2.6%
1981	58.67%	-4.3%
1980	61.28%	-

FAQ

What is the current annual gross margin of IBM?
As of today, IBM annual gross margin is 59.50%
What is 1-year change in IBM annual gross margin?
IBM annual gross margin is up +6.33% year-over-year
What is 3-year change in IBM annual gross margin?
IBM annual gross margin is up +15.06% over the past 3 years
How far is IBM annual gross margin from its all-time high?
IBM annual gross margin is currently -2.90% below its historical high of 61.28% set on December 1, 1980
How does IBM annual gross margin rank versus sector peers?
IBM annual gross margin is higher than 71.09% of companies in Technology sector
When is IBM next annual earnings release?
As of today, the next annual earnings release for IBM has not been scheduled

Quarterly Gross Margin

55.73%4.21%-7.02%

March 31, 2026

Summary

Current Value: As of today, IBM quarterly gross margin is 55.73%, down -7.02% on March 31, 2026
Historical Performance: IBM quarterly gross margin is up +2.14% year-over-year, up +7.26% over the past 3 years
All-Time High Comparison: IBM quarterly gross margin is currently -12.83% below its historical high of 63.93% set on September 30, 1990
3-Year Low Comparison: IBM quarterly gross margin is +7.26% above its 3-year low of 51.96% reached on an earlier date
Sector Comparison: IBM quarterly gross margin is higher than 64.03% of companies in Technology sector

Performance

IBM Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Mar 31, 26	55.73%	-7.0%	+2.1%	+7.3%	+6.0%
Annual Gross Margin	Dec 31, 25	59.50%	–	+6.3%	+15.1%	+8.8%
Price	May 14, 26	$220.56	-15.9%	-14.4%	+79.5%	+59.5%
PE Ratio	May 14, 26	19.50	-17.2%	-56.0%	-68.8%	-15.7%
Quarterly Revenue	Mar 31, 26	$15.92B	-19.1%	+9.5%	+11.7%	+20.7%
Quarterly Gross Profit	Mar 31, 26	$8.87B	-24.8%	+11.8%	+19.8%	+27.9%
Quarterly Operating Margin	Mar 31, 26	17.08%	-35.1%	+15.6%	+81.1%	+130.2%
Quarterly Net Margin	Mar 31, 26	7.64%	-73.0%	+5.4%	+15.9%	+147.3%

Quarterly Gross Margin Highs

IBM Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	59.94%	Dec 31, 25	-7.0%
3Y	59.94%	Dec 31, 25	-7.0%
5Y	59.94%	Dec 31, 25	-7.0%
All	63.93%	Sep 30, 90	-12.8%

Quarterly Gross Margin Lows

IBM Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	54.56%	N/A	+2.1%
3Y	51.96%	N/A	+7.3%
5Y	50.80%	Mar 31, 22	+9.7%
All	14.57%	Dec 31, 92	+282.5%

Quarterly Gross Margin History

Month	Value	Change
Mar 2026	55.73%	-7.0%
Dec 2025	59.94%	+5.6%
Sep 2025	56.78%	-2.5%
Jun 2025	58.23%	+6.7%
Mar 2025	54.56%	-7.3%
Dec 2024	58.84%	+5.9%
Sep 2024	55.57%	+2.2%
Jun 2024	54.37%	+2.9%
Mar 2024	52.85%	-9.7%
Dec 2023	58.51%	+8.7%
Sep 2023	53.84%	+0.8%
Jun 2023	53.42%	+2.8%
Mar 2023	51.96%	-7.4%
Dec 2022	56.09%	+8.4%
Sep 2022	51.76%	-1.4%
Jun 2022	52.49%	+3.3%
Mar 2022	50.80%	-13.1%
Dec 2021	58.46%	+10.8%
Sep 2021	52.77%	-3.4%
Jun 2021	54.61%	+3.8%
Mar 2021	52.59%	-12.4%
Dec 2020	60.03%	+29.5%
Sep 2020	46.37%	-0.0%
Jun 2020	46.38%	+7.0%
Mar 2020	43.34%	-13.0%
Dec 2019	49.80%	+11.7%
Sep 2019	44.59%	-4.0%
Jun 2019	46.46%	+6.4%
Mar 2019	43.65%	-9.9%
Dec 2018	48.46%	+4.8%
Sep 2018	46.23%	+4.1%
Jun 2018	44.40%	+4.2%
Mar 2018	42.61%	-12.0%
Dec 2017	48.43%	+5.2%
Sep 2017	46.04%	+3.8%
Jun 2017	44.36%	+3.6%
Mar 2017	42.81%	-13.2%
Dec 2016	49.34%	+7.1%
Sep 2016	46.09%	-2.4%
Jun 2016	47.22%	+3.1%
Mar 2016	45.80%	-10.3%
Dec 2015	51.06%	+6.0%
Sep 2015	48.19%	-2.0%
Jun 2015	49.18%	+3.7%
Mar 2015	47.43%	-10.0%
Dec 2014	52.68%	+9.7%
Sep 2014	48.02%	-1.5%
Jun 2014	48.75%	+4.9%
Mar 2014	46.49%	-9.5%
Dec 2013	51.35%	+8.1%
Sep 2013	47.52%	-1.5%
Jun 2013	48.25%	+7.0%
Mar 2013	45.08%	-12.3%
Dec 2012	51.41%	+9.6%
Sep 2012	46.92%	-0.5%
Jun 2012	47.15%	+5.7%
Mar 2012	44.59%	-10.2%
Dec 2011	49.63%	+7.1%
Sep 2011	46.35%	+0.2%
Jun 2011	46.27%	+5.7%
Mar 2011	43.79%	-10.0%
Dec 2010	48.66%	+8.4%
Sep 2010	44.88%	-0.5%
Jun 2010	45.12%	+3.6%
Mar 2010	43.56%	-10.0%
Dec 2009	48.40%	+8.6%
Sep 2009	44.56%	-0.6%
Jun 2009	44.84%	+5.0%
Mar 2009	42.71%	-10.3%
Dec 2008	47.62%	+10.7%
Sep 2008	43.00%	+0.1%
Jun 2008	42.94%	+4.2%
Mar 2008	41.21%	-7.9%

Month	Value	Change
Dec 2007	44.74%	+9.0%
Sep 2007	41.03%	-1.2%
Jun 2007	41.54%	+3.9%
Mar 2007	39.98%	-10.0%
Dec 2006	44.41%	+6.4%
Sep 2006	41.74%	+1.4%
Jun 2006	41.18%	+5.2%
Mar 2006	39.15%	-11.2%
Dec 2005	44.07%	+8.6%
Sep 2005	40.59%	+3.0%
Jun 2005	39.40%	+9.4%
Mar 2005	36.03%	-7.2%
Dec 2004	38.81%	+6.2%
Sep 2004	36.55%	+0.4%
Jun 2004	36.39%	+2.2%
Mar 2004	35.59%	-7.5%
Dec 2003	38.49%	+6.0%
Sep 2003	36.30%	-1.8%
Jun 2003	36.97%	+2.6%
Mar 2003	36.05%	-1.7%
Dec 2002	36.68%	-0.7%
Sep 2002	36.95%	-0.1%
Jun 2002	37.00%	+6.7%
Mar 2002	34.69%	-9.4%
Dec 2001	38.31%	+5.9%
Sep 2001	36.18%	-3.0%
Jun 2001	37.30%	+3.2%
Mar 2001	36.15%	-30.4%
Dec 2000	51.92%	+70.4%
Sep 2000	30.47%	-1.6%
Jun 2000	30.97%	+3.6%
Mar 2000	29.89%	-49.8%
Dec 1999	59.51%	+106.1%
Sep 1999	28.88%	+9.9%
Jun 1999	26.28%	-8.8%
Mar 1999	28.81%	-44.5%
Dec 1998	51.95%	+66.3%
Sep 1998	31.23%	-4.6%
Jun 1998	32.75%	+7.3%
Mar 1998	30.52%	-23.9%
Dec 1997	40.12%	+5.2%
Sep 1997	38.15%	-2.7%
Jun 1997	39.22%	+3.0%
Mar 1997	38.09%	-5.4%
Dec 1996	40.28%	+0.2%
Sep 1996	40.18%	+1.6%
Jun 1996	39.55%	-3.3%
Mar 1996	40.88%	-2.1%
Dec 1995	41.75%	+1.1%
Sep 1995	41.31%	-5.1%
Jun 1995	43.53%	+2.8%
Mar 1995	42.35%	+4.2%
Dec 1994	40.64%	+1.9%
Sep 1994	39.88%	+0.3%
Jun 1994	39.76%	+7.6%
Mar 1994	36.94%	-3.3%
Dec 1993	38.20%	+0.5%
Sep 1993	38.00%	-16.3%
Jun 1993	45.41%	-9.5%
Mar 1993	50.16%	+244.3%
Dec 1992	14.57%	-76.6%
Sep 1992	62.18%	+10.1%
Jun 1992	56.48%	-4.5%
Mar 1992	59.12%	+8.8%
Dec 1991	54.36%	-5.3%
Sep 1991	57.38%	-3.0%
Jun 1991	59.18%	-5.3%
Mar 1991	62.50%	+4.2%
Dec 1990	59.99%	-6.2%
Sep 1990	63.93%	+6.4%
Jun 1990	60.11%	-5.2%
Mar 1990	63.42%	-

FAQ

What is the current quarterly gross margin of IBM?
As of today, IBM quarterly gross margin is 55.73%
What is IBM quarterly gross margin most recent change?
IBM quarterly gross margin was down -7.02% on March 31, 2026
What is 1-year change in IBM quarterly gross margin?
IBM quarterly gross margin is up +2.14% year-over-year
How far is IBM quarterly gross margin from its all-time high?
IBM quarterly gross margin is currently -12.83% below its historical high of 63.93% set on September 30, 1990
How does IBM quarterly gross margin rank versus sector peers?
IBM quarterly gross margin is higher than 64.03% of companies in Technology sector
When is IBM next earnings release?
The next earnings release for IBM is on July 22, 2026

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

IBM Official Website www.ibm.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/51143/000005114326000004/0000051143-26-000004-index.htm
IBM Profile on Yahoo Finance finance.yahoo.com/quote/IBM
IBM Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ibm