International Business Machines Profit Margin

International Business Machines (IBM.L) currently reports a profit margin of 15.99% as of September 2026. That compares with 12.09% in the prior-year period — up 32.2% year over year. That is below the Technology sector average of 28.0%. Use the charts on this page to explore International Business Machines's profit margin history and peer comparisons.

International Business Machines's profit margin increased from 12.09% to 15.99% — a 32.2% year-over-year increase (period ending September 2026). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

International Business Machines's profit margin of 15.99% is lower than the Technology sector average of 28.0%. That is roughly 42.9% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

There is no universal 'good' profit margin, but International Business Machines's current 15.99% should be judged against Technology norms (sector average: 28.0%) and against IBM.L's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.

Start with the current profit margin of 15.99%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Technology average is 28.0%. From there, open related valuation or income-statement pages for International Business Machines, and consider following IBM.L for alerts when major investors trade the stock.