INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM) Gross margin 2016–2025
INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM) gross margin by fiscal year — reported gross profit divided by reported revenue.
58.2%FY2025 · since FY2016: 48.2% → 58.2%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 58.2% | +1.5 pp |
| FY2024 | 56.7% | +1.2 pp |
| FY2023 | 55.4% | +1.4 pp |
| FY2022 | 54.0% | -0.9 pp |
| FY2021 | 54.9% | -1.0 pp |
| FY2020 | 55.9% | +1.3 pp |
| FY2019 | 54.6% | +8.2 pp |
| FY2018 | 46.4% | -0.3 pp |
| FY2017 | 46.7% | -1.5 pp |
| FY2016 | 48.2% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice