IBM Gross Margin 2010-2024 | IBM
- IBM average gross margin for 2023 was 54.85%, a 1.44% increase from 2022.
- IBM average gross margin for 2022 was 54.07%, a 10.36% increase from 2021.
- IBM average gross margin for 2021 was 60.32%, a 8.43% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.