What is the current annual net margin of IBM?

As of today, IBM annual net margin is 9.61%

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

IBM annual net margin is down -21.04% year-over-year

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

IBM annual net margin is up +16.48% over the past 3 years

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

IBM annual net margin is currently -44.03% below its historical high of 17.17% set on December 31, 2013

How does IBM annual net margin rank versus sector peers?

IBM annual net margin is higher than 76.42% of companies in Technology sector

When is IBM next annual earnings release?

The next annual earnings release for IBM is on January 28, 2026

What is the current quarterly net margin of IBM?

As of today, IBM quarterly net margin is 10.68%

What is IBM quarterly net margin most recent change?

IBM quarterly net margin was down -17.34% on September 30, 2025

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

IBM quarterly net margin is up +603.77% year-over-year

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

IBM quarterly net margin is currently -53.30% below its historical high of 22.87% set on December 31, 2014

How does IBM quarterly net margin rank versus sector peers?

IBM quarterly net margin is higher than 74.16% of companies in Technology sector

When is IBM next earnings release?

The next earnings release for IBM is on January 28, 2026

IBM Net Margin History & Chart Since 1980

Annual Net Margin

9.61%2.56%-21.04%

December 31, 2024

Summary

Current Value: As of today, IBM annual net margin is 9.61%, down -21.04% on December 31, 2024
Historical Performance: IBM annual net margin is up +16.48% over the past 3 years, and down -21.62% over the past 5 years
All-Time High Comparison: IBM annual net margin is currently -44.03% below its historical high of 17.17% set on December 31, 2013
3-Year Low Comparison: IBM annual net margin is +222.48% above its 3-year low of 2.98% reached on an earlier date
Sector Comparison: IBM annual net margin is higher than 76.42% of companies in Technology sector

Net Margin Chart

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Performance

IBM Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Dec 31, 24	9.61%	-21.0%	+16.5%	-21.6%	-31.5%
Quarterly Net Margin	Sep 30, 25	10.68%	+603.8%	+146.9%	+10.2%	-27.8%
Price	Jan 9, 26	$304.22	+36.3%	+111.9%	+147.6%	+115.1%
PE Ratio	Jan 9, 26	36.39	+4.6%	-55.4%	+84.6%	+198.0%
Annual Revenue	Dec 31, 24	$62.75B	+1.4%	+9.4%	-18.7%	-34.5%
Annual Net Income	Dec 31, 24	$6.03B	-19.9%	+27.5%	-36.2%	-55.1%
Annual Gross Margin	Dec 31, 24	55.96%	+3.3%	+4.2%	+22.0%	+24.4%
Annual Operating Margin	Dec 31, 24	-26.99%	+6.5%	+20.7%	+33.4%	+27.2%

Net Margin Highs

IBM Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	12.17%	Dec 31, 23	-21.0%
5Y	12.17%	Dec 31, 23	-21.0%
All	17.17%	Dec 31, 13	-44.0%

Net Margin Lows

IBM Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	2.98%	N/A	+222.5%
5Y	2.98%	Dec 31, 22	+222.5%
All	-12.74%	Dec 31, 93	+175.4%

Net Margin History

Year	Value	Change
2024	9.61%	-21.0%
2023	12.17%	+308.4%
2022	2.98%	-63.9%
2021	8.25%	+15.4%
2020	7.15%	-41.7%
2019	12.26%	+11.7%
2018	10.98%	+50.4%
2017	7.30%	-51.0%
2016	14.89%	-9.0%
2015	16.36%	-3.7%
2014	16.98%	-1.1%
2013	17.17%	+8.0%
2012	15.90%	+7.1%
2011	14.84%	-0.1%
2010	14.86%	+6.0%
2009	14.02%	+17.8%
2008	11.90%	+12.8%
2007	10.55%	+2.4%
2006	10.30%	+17.4%
2005	8.77%	+12.6%
2004	7.79%	-8.8%
2003	8.54%	+30.0%
2002	6.57%	-26.9%

Year	Value	Change
2001	8.99%	-1.9%
2000	9.16%	+4.0%
1999	8.81%	+13.7%
1998	7.75%	-0.1%
1997	7.76%	+8.5%
1996	7.15%	+23.1%
1995	5.81%	+23.1%
1994	4.72%	+137.0%
1993	-12.74%	-19.7%
1992	-10.64%	-1,123.0%
1991	-0.87%	-110.0%
1990	8.72%	+45.6%
1989	5.99%	-34.9%
1988	9.20%	-5.2%
1987	9.70%	+3.9%
1986	9.34%	-28.7%
1985	13.10%	-8.6%
1984	14.33%	+5.0%
1983	13.65%	+6.4%
1982	12.83%	+12.7%
1981	11.38%	-16.3%
1980	13.59%	-

FAQ

What is the current annual net margin of IBM?
As of today, IBM annual net margin is 9.61%
What is 1-year change in IBM annual net margin?
IBM annual net margin is down -21.04% year-over-year
What is 3-year change in IBM annual net margin?
IBM annual net margin is up +16.48% over the past 3 years
How far is IBM annual net margin from its all-time high?
IBM annual net margin is currently -44.03% below its historical high of 17.17% set on December 31, 2013
How does IBM annual net margin rank versus sector peers?
IBM annual net margin is higher than 76.42% of companies in Technology sector
When is IBM next annual earnings release?
The next annual earnings release for IBM is on January 28, 2026

Quarterly Net Margin

10.68%2.24%-17.34%

September 30, 2025

Summary

Current Value: As of today, IBM quarterly net margin is 10.68%, down -17.34% on September 30, 2025
Historical Performance: IBM quarterly net margin is up +603.77% year-over-year, and up +146.92% over the past 3 years
All-Time High Comparison: IBM quarterly net margin is currently -53.30% below its historical high of 22.87% set on December 31, 2014
3-Year Low Comparison: IBM quarterly net margin is +603.77% above its 3-year low of -2.12% reached on September 30, 2024
Sector Comparison: IBM quarterly net margin is higher than 74.16% of companies in Technology sector

Performance

IBM Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Sep 30, 25	10.68%	-17.3%	+603.8%	+146.9%	+10.2%
Annual Net Margin	Dec 31, 24	9.61%	–	-21.0%	+16.5%	-21.6%
Price	Jan 9, 26	$304.22	+5.5%	+36.3%	+111.9%	+147.6%
PE Ratio	Jan 9, 26	36.39	+5.5%	+4.6%	-55.4%	+84.6%
Quarterly Revenue	Sep 30, 25	$16.33B	-3.8%	+9.1%	+15.8%	-7.0%
Quarterly Net Income	Sep 30, 25	$1.74B	-20.5%	+650.2%	+154.3%	+2.5%
Quarterly Gross Margin	Sep 30, 25	56.78%	-2.5%	+2.2%	+9.7%	+22.4%
Quarterly Operating Margin	Sep 30, 25	20.02%	+1.0%	+27.4%	+73.0%	+59.1%

Quarterly Net Margin Highs

IBM Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	16.67%	N/A	-35.9%
3Y	18.90%	Dec 31, 23	-43.5%
5Y	18.90%	Dec 31, 23	-43.5%
All	22.87%	Dec 31, 14	-53.3%

Quarterly Net Margin Lows

IBM Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	7.25%	Mar 31, 25	+47.3%
3Y	-2.12%	Sep 30, 24	+603.8%
5Y	-22.76%	Sep 30, 22	+146.9%
All	-51.78%	Jun 30, 93	+120.6%

Quarterly Net Margin History

Month	Value	Change
Sep 2025	10.68%	-17.3%
Jun 2025	12.92%	+78.2%
Mar 2025	7.25%	-56.5%
Dec 2024	16.67%	+886.3%
Sep 2024	-2.12%	-118.3%
Jun 2024	11.60%	+6.5%
Mar 2024	10.89%	-42.4%
Dec 2023	18.90%	+62.2%
Sep 2023	11.65%	+13.8%
Jun 2023	10.24%	+55.4%
Mar 2023	6.59%	-61.7%
Dec 2022	17.19%	+175.5%
Sep 2022	-22.76%	-340.3%
Jun 2022	9.47%	+101.5%
Mar 2022	4.70%	-68.1%
Dec 2021	14.74%	+87.3%
Sep 2021	7.87%	+37.3%
Jun 2021	5.73%	+85.4%
Mar 2021	3.09%	-59.3%
Dec 2020	7.59%	-21.7%
Sep 2020	9.69%	+28.3%
Jun 2020	7.55%	+12.4%
Mar 2020	6.72%	-60.2%
Dec 2019	16.88%	+81.1%
Sep 2019	9.32%	-28.7%
Jun 2019	13.07%	+48.5%
Mar 2019	8.80%	-1.9%
Dec 2018	8.97%	-37.7%
Sep 2018	14.39%	+19.6%
Jun 2018	12.03%	+36.4%
Mar 2018	8.82%	+289.7%
Dec 2017	-4.65%	-132.6%
Sep 2017	14.26%	+17.8%
Jun 2017	12.11%	+25.1%
Mar 2017	9.68%	-53.3%
Dec 2016	20.73%	+39.5%
Sep 2016	14.86%	+19.9%
Jun 2016	12.39%	+14.7%
Mar 2016	10.80%	-46.6%
Dec 2015	20.23%	+31.5%
Sep 2015	15.38%	-9.3%
Jun 2015	16.95%	+37.5%
Mar 2015	12.33%	-46.1%
Dec 2014	22.87%	+48.1%
Sep 2014	15.44%	-9.1%
Jun 2014	16.99%	+60.3%
Mar 2014	10.60%	-52.6%
Dec 2013	22.34%	+31.1%
Sep 2013	17.04%	+31.6%
Jun 2013	12.95%	-0.1%
Mar 2013	12.96%	-34.9%
Dec 2012	19.91%	+28.8%
Sep 2012	15.46%	+2.7%
Jun 2012	15.06%	+21.1%
Mar 2012	12.44%	-33.2%
Dec 2011	18.62%	+26.8%
Sep 2011	14.68%	+6.8%
Jun 2011	13.75%	+18.0%
Mar 2011	11.65%	-35.7%
Dec 2010	18.13%	+22.5%
Sep 2010	14.80%	+3.6%
Jun 2010	14.28%	+25.4%
Mar 2010	11.39%	-35.6%
Dec 2009	17.68%	+29.6%
Sep 2009	13.64%	+2.2%
Jun 2009	13.35%	+26.2%
Mar 2009	10.58%	-35.4%
Dec 2008	16.39%	+46.9%
Sep 2008	11.16%	+8.2%
Jun 2008	10.31%	+9.0%
Mar 2008	9.46%	-30.9%
Dec 2007	13.69%	+39.8%
Sep 2007	9.79%	+2.9%
Jun 2007	9.51%	+13.6%
Mar 2007	8.37%	-36.5%
Dec 2006	13.19%	+34.3%
Sep 2006	9.82%	+6.3%
Jun 2006	9.24%	+11.7%
Mar 2006	8.27%	-37.3%
Dec 2005	13.18%	+87.2%
Sep 2005	7.04%	-15.3%
Jun 2005	8.31%	+35.3%
Mar 2005	6.14%	-40.2%
Dec 2004	10.27%	+54.2%

Month	Value	Change
Sep 2004	6.66%	-11.4%
Jun 2004	7.52%	+22.3%
Mar 2004	6.15%	-41.3%
Dec 2003	10.48%	+26.4%
Sep 2003	8.29%	+4.0%
Jun 2003	7.97%	+15.3%
Mar 2003	6.91%	-14.4%
Dec 2002	8.07%	-5.6%
Sep 2002	8.55%	+2,848.3%
Jun 2002	0.29%	-95.5%
Mar 2002	6.43%	-37.1%
Dec 2001	10.22%	+30.9%
Sep 2001	7.81%	-17.6%
Jun 2001	9.48%	+13.9%
Mar 2001	8.32%	-20.2%
Dec 2000	10.42%	+15.6%
Sep 2000	9.01%	+0.6%
Jun 2000	8.96%	+14.1%
Mar 2000	7.85%	-9.1%
Dec 1999	8.64%	+3.7%
Sep 1999	8.33%	-23.7%
Jun 1999	10.92%	+50.8%
Mar 1999	7.24%	-22.5%
Dec 1998	9.34%	+25.7%
Sep 1998	7.43%	-3.6%
Jun 1998	7.71%	+31.1%
Mar 1998	5.88%	-33.3%
Dec 1997	8.82%	+20.8%
Sep 1997	7.30%	-4.7%
Jun 1997	7.66%	+11.0%
Mar 1997	6.90%	-21.1%
Dec 1996	8.74%	+22.9%
Sep 1996	7.11%	-4.0%
Jun 1996	7.41%	+58.7%
Mar 1996	4.67%	-40.2%
Dec 1995	7.81%	+343.3%
Sep 1995	-3.21%	-132.8%
Jun 1995	9.79%	+19.5%
Mar 1995	8.19%	+32.3%
Dec 1994	6.19%	+34.6%
Sep 1994	4.60%	+2.4%
Jun 1994	4.49%	+53.2%
Mar 1994	2.93%	+14.5%
Dec 1993	2.56%	+875.8%
Sep 1993	-0.33%	+99.4%
Jun 1993	-51.78%	-1,592.2%
Mar 1993	-3.06%	+91.9%
Dec 1992	-37.64%	-99.2%
Sep 1992	-18.90%	-529.5%
Jun 1992	4.40%	+3.8%
Mar 1992	4.24%	+167.7%
Dec 1991	-6.26%	-626.1%
Sep 1991	1.19%	+54.5%
Jun 1991	0.77%	-80.4%
Mar 1991	3.93%	-63.2%
Dec 1990	10.67%	+46.6%
Sep 1990	7.28%	-14.9%
Jun 1990	8.55%	+17.0%
Mar 1990	7.31%	+152.9%
Dec 1989	2.89%	-52.9%
Sep 1989	6.13%	-30.4%
Jun 1989	8.81%	+18.1%
Mar 1989	7.46%	-33.5%
Dec 1988	11.21%	+25.5%
Sep 1988	8.93%	+26.0%
Jun 1988	7.09%	-8.8%
Mar 1988	7.77%	-33.0%
Dec 1987	11.59%	+22.1%
Sep 1987	9.49%	-31.4%
Jun 1987	13.84%	+14.6%
Mar 1987	12.08%	+47.3%
Dec 1986	8.20%	-9.3%
Sep 1986	9.04%	-15.0%
Jun 1986	10.64%	+6.0%
Mar 1986	10.04%	-35.8%
Dec 1985	15.63%	+24.0%
Sep 1985	12.60%	+1.9%
Jun 1985	12.37%	+22.6%
Mar 1985	10.09%	-32.6%
Dec 1984	14.98%	+0.7%
Sep 1984	14.87%	+2.6%
Jun 1984	14.49%	+15.6%
Mar 1984	12.54%	-

FAQ

What is the current quarterly net margin of IBM?
As of today, IBM quarterly net margin is 10.68%
What is IBM quarterly net margin most recent change?
IBM quarterly net margin was down -17.34% on September 30, 2025
What is 1-year change in IBM quarterly net margin?
IBM quarterly net margin is up +603.77% year-over-year
How far is IBM quarterly net margin from its all-time high?
IBM quarterly net margin is currently -53.30% below its historical high of 22.87% set on December 31, 2014
How does IBM quarterly net margin rank versus sector peers?
IBM quarterly net margin is higher than 74.16% of companies in Technology sector
When is IBM next earnings release?
The next earnings release for IBM is on January 28, 2026

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Data Sources & References

IBM Official Website www.ibm.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/51143/000005114325000064/0000051143-25-000064-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/51143/000005114325000015/0000051143-25-000015-index.htm
IBM Profile on Yahoo Finance finance.yahoo.com/quote/IBM
IBM Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ibm