International Business Machines Corporation (IBM) Profit Margins
Over the twelve months to 2026-09-30, International Business Machines Corporation (IBM) had gross margin 58.0%, net margin 16.0%, free cash flow margin 20.1%, according to EquiReason's reading of its SEC filings.
Source: SEC EDGAR filings · figures as of 2026-09-30 · read by EquiReason
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- Market cap
- 239.6B
- P/E TTM
- 21.6
- Dividend yield
- 2.7%
- 52-week
- —
- Next earnings
- 26 Jan, in 93 days
| Line | FY2009 Dec 09 | FY2010 Dec 10 | FY2011 Dec 11 | FY2012 Dec 12 | FY2013 Dec 13 | FY2014 Dec 14 | FY2015 Dec 15 | FY2016 Dec 16 | FY2017 Dec 17 | FY2018 Dec 18 | FY2019 Dec 19 | FY2020 Dec 20 | FY2021 Dec 21 | FY2022 Dec 22 | FY2023 Dec 23 | FY2024 Dec 24 | FY2025 Dec 25 | TTM Sep 26 | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 45.7% | 46.1% | 46.9% | 49.0% | 49.5% | 50.0% | 49.8% | 48.2% | 46.7% | 46.4% | 54.6% | 55.9% | 54.9% | 54.0% | 55.4% | 56.7% | 58.2% | 58.0% | |
| Net margin | 14.0% | 14.9% | 14.8% | 16.1% | 16.8% | 13.0% | 16.1% | 14.9% | 7.3% | 11.0% | 16.3% | 10.1% | 10.0% | 2.7% | 12.1% | 9.6% | 15.7% | 16.0% | |
| FCF margin | 18.1% | 15.4% | 14.7% | 15.1% | 14.1% | 14.1% | 16.7% | 16.9% | 17.1% | 14.9% | 21.6% | 28.2% | 17.5% | 14.0% | 19.6% | 18.7% | 17.0% | 20.1% |
USD billions · SEC XBRL
International Business Machines Corporation — questions
- What is International Business Machines Corporation's gross margin?
- 58.0% over the twelve months to 2026-09-30.
- What is International Business Machines Corporation's net profit margin?
- 16.0% over the twelve months to 2026-09-30.
Every figure on this page comes from International Business Machines Corporation's own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.