Pre-tax income margin (as a percent)
International Business Machines·Business Segments·4 segments
| Segment | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q1 '26 |
|---|---|---|---|---|---|
| Financing | 47.7% | 45.3% | 47.5% | 35.8% | 53.8% |
| Software | 25.4% | 31.3% | 30.2% | 29.1% | 29.8% |
| Infrastructure | 10.1% | 17.9% | 13.9% | 8.6% | 15.8% |
| Consulting | 8.2% | 8.9% | 10.9% | 11% | 10.6% |
| Total | 25.4% | 31.3% | 30.2% | 29.1% | 29.8% |