IBM Pre-Tax Margin - INTERNATIONAL BUSINESS MACHINES CORP

Complete source-backed pre-tax margin history.

Available history: 2007-12-31 to 2026-06-30
Data captured: 2026-09-04

Historical Pre-Tax Margin

Date	Pre-Tax Margin
2026-06-30	14.44%
2026-03-31	8.71%
2025-12-31	21.05%
2025-09-30	14.88%
2025-06-30	15.30%
2025-03-31	7.96%
2024-12-31	18.83%
2024-09-30	-5.36%
2024-06-30	14.07%
2024-03-31	7.43%
2023-12-31	21.63%
2023-09-30	12.70%
2023-06-30	12.92%
2023-03-31	7.42%
2022-12-31	19.84%
2022-09-30	-31.91%
2022-06-30	11.08%
2022-03-31	4.39%
2021-12-31	17.19%
2021-09-30	6.14%
2021-06-30	6.41%
2021-03-31	1.85%
2020-12-31	-40.29%
2020-09-30	10.40%
2020-06-30	8.67%
2020-03-31	-0.28%
2019-12-31	44.07%
2019-09-30	8.44%
2019-06-30	14.45%
2019-03-31	10.36%
2018-12-31	20.38%
2018-09-30	15.97%
2018-06-30	13.88%
2018-03-31	5.96%
2017-12-31	19.83%
2017-09-30	16.00%
2017-06-30	12.67%
2017-03-31	7.84%
2016-12-31	22.90%
2016-09-30	16.97%
2016-06-30	15.07%
2016-03-31	5.53%
2015-12-31	23.12%
2015-09-30	18.78%
2015-06-30	20.30%
2015-03-31	15.32%
2014-12-31	29.42%
2014-09-30	19.47%
2014-06-30	22.24%
2014-03-31	14.31%
2013-12-31	25.93%
2013-09-30	21.30%
2013-06-30	16.63%
2013-03-31	15.40%
2012-12-31	30.61%
2012-09-30	20.50%
2012-06-30	20.02%
2012-03-31	15.55%
2011-12-31	24.67%
2011-09-30	19.22%
2011-06-30	18.32%
2011-03-31	15.51%
2010-09-30	19.27%
2010-06-30	19.28%
2010-03-31	15.38%
2009-12-31	23.43%
2009-09-30	18.56%
2009-06-30	18.33%
2009-03-31	14.38%
2008-12-31	21.51%
2008-09-30	15.39%
2008-06-30	14.22%

Annual Pre-Tax Margin

Date	Pre-Tax Margin
2025-12-31	15.29%
2024-12-31	9.24%
2023-12-31	14.05%
2022-12-31	1.91%
2021-12-31	8.43%
2020-12-31	4.66%
2019-12-31	12.49%
2018-12-31	14.25%
2017-12-31	14.41%
2016-12-31	15.43%
2015-12-31	19.51%
2014-12-31	21.54%
2013-12-31	20.58%
2012-12-31	21.91%
2011-12-31	19.64%
2010-12-31	19.75%
2009-12-31	18.94%
2008-12-31	16.13%
2007-12-31	14.67%