IBM · News · 20260906N

Operating Income and Margins

INTERNATIONAL BUSINESS MACHINES CORP · 2026-09-06 · Importance 13 · Surprise 6

IBM reported a 15% operating margin in the second quarter of 2026. The margin was lower than Arista Networks’ 45% operating margin in the same quarter. The report characterized IBM’s quarterly revenue as volatile but did not provide IBM’s revenue amount or quantify a year-over-year margin change.

Key facts