International Business Machines Corp.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2021 | 54.9% | 10.5% | 10.0% |
| FY2022 | 54.0% | 3.9% | 2.7% |
| FY2023 | 55.4% | 16.6% | 12.1% |
| FY2024 | 56.6% | 12.0% | 9.6% |
| FY2025 | 58.2% | 18.2% | 15.7% |
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2021 | 54.9% | 10.5% | 10.0% |
| FY2022 | 54.0% | 3.9% | 2.7% |
| FY2023 | 55.4% | 16.6% | 12.1% |
| FY2024 | 56.6% | 12.0% | 9.6% |
| FY2025 | 58.2% | 18.2% | 15.7% |