International Business Machines (IBM)
Pretax margin
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 10,329,000 | 9,491,000 | 6,259,000 | 5,881,000 | 5,797,000 | 6,250,000 | 8,925,000 | 8,706,000 | 8,690,000 | 8,243,000 | 1,869,000 | 1,591,000 | 1,156,000 | 713,000 | 6,027,000 | 5,216,000 | 4,837,000 | 3,257,000 | 4,271,000 | 4,931,000 |
| Revenue (ttm) | US$ in thousands | 67,535,000 | 65,402,000 | 64,038,000 | 62,830,000 | 62,750,000 | 62,577,000 | 62,362,000 | 62,068,000 | 61,859,000 | 61,170,000 | 60,524,000 | 60,584,000 | 60,529,000 | 60,533,000 | 59,678,000 | 58,361,000 | 57,351,000 | 61,024,000 | 65,334,000 | 69,239,000 |
| Pretax margin | 15.29% | 14.51% | 9.77% | 9.36% | 9.24% | 9.99% | 14.31% | 14.03% | 14.05% | 13.48% | 3.09% | 2.63% | 1.91% | 1.18% | 10.10% | 8.94% | 8.43% | 5.34% | 6.54% | 7.12% |
December 31, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $10,329,000K ÷ $67,535,000K
= 15.29%
Peer comparison
Dec 31, 2025
Company name
Symbol
Pretax margin
International Business Machines
IBM
15.29%
Accenture plc
ACN
14.74%
Concentrix Corporation
CNXC
-12.03%
Penguin Solutions, Inc.
PENG
3.57%