International Business Machines Corporation (IBM)

Revenue

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Hybrid Cloud Revenue	7.55B	7.33B	6.49B
Hybrid Cloud Revenue Growth	2.97%	12.90%	11.38%
Automation Revenue	7.89B	7.73B	6.56B
Automation Revenue Growth	2.03%	17.92%	9.15%
Data Revenue	6.54B	6.30B	5.63B
Data Revenue Growth	3.78%	11.90%	3.08%
Transaction Processing Revenue	8.71B	8.60B	8.41B
Transaction Processing Revenue Growth	1.21%	2.32%	9.00%
Software Revenue	30.68B	29.96B	27.09B
Software Revenue Growth	2.39%	10.62%	8.29%
Strategy and Technology Revenue	11.65B	11.54B	11.49B
Strategy and Technology Revenue Growth	0.99%	0.43%	0.51%
Intelligent Operations Revenue	9.61B	9.52B	9.20B
Intelligent Operations Revenue Growth	0.95%	3.41%	-2.66%
Consulting Revenue	21.26B	21.06B	20.69B
Consulting Revenue Growth	0.97%	1.75%	-0.92%
Hybrid Infrastructure Revenue	11.08B	10.62B	8.91B
Hybrid Infrastructure Revenue Growth	4.35%	19.13%	-3.28%
Infrastructure Support Revenue	5.08B	5.10B	5.11B
Infrastructure Support Revenue Growth	-0.43%	-0.14%	-5.02%
Infrastructure Revenue	16.16B	15.72B	14.02B
Infrastructure Revenue Growth	2.81%	12.11%	-3.93%
Financing Revenue	765.00M	737.00M	713.00M
Financing Revenue Growth	3.80%	3.37%	-3.78%
Other Product / Service Revenue	50.00M	63.00M	243.00M
Other Product / Service Revenue Growth	-20.64%	-74.07%	-61.55%
Revenue (Other)	-1.00M	-	-
Revenue (Total)	68.91B	67.54B	62.75B
Revenue (Total) Growth	2.04%	7.62%	1.44%

Revenue by Geography

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Americas Revenue	34.00B	33.34B	31.27B
Americas Revenue Growth	1.96%	6.64%	-1.26%
Europe/Middle East/Africa Revenue	22.88B	22.19B	19.43B
Europe/Middle East/Africa Revenue Growth	3.11%	14.21%	5.07%
Asia Pacific Revenue	12.04B	12.00B	12.06B
Asia Pacific Revenue Growth	0.26%	-0.45%	3.04%
Revenue (Total)	68.91B	67.54B	62.75B
Revenue (Total) Growth	2.04%	7.62%	1.44%

EBT

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Software Segment Income	10.17B	9.92B	8.68B
Software Segment Income Growth	2.54%	14.23%	15.80%
Consulting Segment Income	2.46B	2.46B	2.05B
Consulting Segment Income Growth	-	19.96%	-3.57%
Infrastructure Segment Income	3.73B	3.46B	2.45B
Infrastructure Segment Income Growth	7.98%	41.14%	-13.37%
Financing Segment Income	570.00M	521.00M	348.00M
Financing Segment Income Growth	9.40%	49.71%	-6.70%

Key Performance Indicators

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Software Gross Margin	-	83.50%	83.70%
Consulting Gross Margin	-	28.10%	27.00%
Infrastructure Gross Margin	-	58.60%	55.80%
Financing Gross Margin	-	45.30%	47.90%
Total Consulting Signings	22.18B	21.76B	25.10B
Total Consulting Signings Growth	1.93%	-13.33%	3.28%
Book-to-Bill Ratio	-	1.03	1.21
Book-to-Bill Ratio Growth	-	-14.88%	3.97%

Data Source: Fiscal.ai Last updated: Apr 23, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jun 13, 2026

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