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International Business Machines Corporation (IBM)
NYSE: IBM · Real-Time Price · USD
289.05
-5.26 (-1.79%)
At close: Feb 4, 2026, 4:00 PM EST
289.40
+0.35 (0.12%)
After-hours: Feb 4, 2026, 7:59 PM EST

IBM Operating Metrics

Period EndingDec 31, 2025Dec 31, 2025Sep 30, 2025Sep 30, 2025Jun 30, 2025Jun 30, 2025Mar 31, 2025Mar 31, 2025Dec 31, 2024Dec 31, 2024Sep 30, 2024Sep 30, 2024Jun 30, 2024Jun 30, 2024Mar 31, 2024Mar 31, 2024Dec 31, 2023Dec 31, 2023Sep 30, 2023Sep 30, 2023Jun 30, 2023Jun 30, 2023Mar 31, 2023Mar 31, 2023Dec 31, 2022Dec 31, 2022Sep 30, 2022Sep 30, 2022Jun 30, 2022Jun 30, 2022Mar 31, 2022Mar 31, 2022Dec 31, 2021Dec 31, 2021
Annual Recurring Revenue
23.60B23.60B23.20B23.20B22.70B22.70B21.70B21.70B15.30B15.30B14.90B14.90B14.10B14.10B13.90B13.90B
Annual Recurring Revenue Growth
54.25%54.25%55.70%55.70%60.99%60.99%56.12%56.12%6.25%6.25%6.43%6.43%3.68%3.68%2.96%2.96%

Revenue by Segment

Period EndingDec 31, 2025Dec 31, 2025Sep 30, 2025Sep 30, 2025Jun 30, 2025Jun 30, 2025Mar 31, 2025Mar 31, 2025Dec 31, 2024Dec 31, 2024Sep 30, 2024Sep 30, 2024Jun 30, 2024Jun 30, 2024Mar 31, 2024Mar 31, 2024Dec 31, 2023Dec 31, 2023Sep 30, 2023Sep 30, 2023Jun 30, 2023Jun 30, 2023Mar 31, 2023Mar 31, 2023Dec 31, 2022Dec 31, 2022Sep 30, 2022Sep 30, 2022Jun 30, 2022Jun 30, 2022Mar 31, 2022Mar 31, 2022Dec 31, 2021Dec 31, 2021
Software
29.96B29.96B28.86B28.86B28.17B28.17B27.52B27.52B27.09B27.09B26.68B26.68B26.42B26.42B26.29B26.29B
Software Growth
10.62%10.62%8.17%8.17%6.64%6.64%4.71%4.71%2.96%2.96%2.28%2.28%3.08%3.08%4.37%4.37%
Consulting
21.06B21.06B20.88B20.88B20.71B20.71B20.57B20.57B20.69B20.69B20.57B20.57B20.38B20.38B20.21B20.21B
Consulting Growth
1.75%1.75%1.54%1.54%1.63%1.63%1.80%1.80%3.53%3.53%4.35%4.35%4.79%4.79%5.04%5.04%
Infrastructure
15.72B15.72B14.84B14.84B14.33B14.33B13.83B13.83B14.02B14.02B14.37B14.37B14.60B14.60B14.57B14.57B
Infrastructure Growth
12.13%12.13%3.31%3.31%-1.86%-1.86%-5.09%-5.09%-3.93%-3.93%-0.72%-0.72%0.32%0.32%-3.94%-3.94%
Financing
736.00M736.00M727.00M727.00M708.00M708.00M711.00M711.00M713.00M713.00M718.00M718.00M723.00M723.00M739.00M739.00M
Financing Growth
3.23%3.23%1.25%1.25%-2.07%-2.07%-3.79%-3.79%-3.91%-3.91%-2.84%-2.84%-0.55%-0.55%7.41%7.41%
Other
63.00M63.00M97.00M97.00M127.00M127.00M196.00M196.00M243.00M243.00M255.00M255.00M254.00M254.00M267.00M267.00M
Other Growth
-74.07%-74.07%-61.96%-61.96%-50.00%-50.00%-26.59%-26.59%3.85%3.85%49.12%49.12%45.98%45.98%-11.88%-11.88%

Gross Profit by Segment

Period EndingDec 31, 2025Dec 31, 2025Sep 30, 2025Sep 30, 2025Jun 30, 2025Jun 30, 2025Mar 31, 2025Mar 31, 2025Dec 31, 2024Dec 31, 2024Sep 30, 2024Sep 30, 2024Jun 30, 2024Jun 30, 2024Mar 31, 2024Mar 31, 2024Dec 31, 2023Dec 31, 2023Sep 30, 2023Sep 30, 2023Jun 30, 2023Jun 30, 2023Mar 31, 2023Mar 31, 2023Dec 31, 2022Dec 31, 2022Sep 30, 2022Sep 30, 2022
Software
25.02B25.02B24.22B24.22B23.66B23.66B23.09B23.09B22.66B22.66B22.06B22.06B21.61B21.61B21.22B21.22B
Software Growth
10.42%10.42%9.79%9.79%9.46%9.46%8.83%8.83%7.55%7.55%5.83%5.83%5.66%5.66%5.58%5.58%
Inftrastructure
9.22B9.22B8.53B8.53B8.17B8.17B7.68B7.68B7.82B7.82B8.19B8.19B8.27B8.27B7.99B7.99B
Inftrastructure Growth
17.85%17.85%4.14%4.14%-1.22%-1.22%-3.88%-3.88%-1.28%-1.28%7.85%7.85%9.56%9.56%-0.70%-0.70%
Consulting
5.92B5.92B5.85B5.85B5.76B5.76B5.66B5.66B5.59B5.59B5.54B5.54B5.30B5.30B5.23B5.23B
Consulting Growth
6.05%6.05%5.75%5.75%8.66%8.66%8.09%8.09%8.00%8.00%8.94%8.94%4.35%4.35%5.89%5.89%
Financing
333.48M333.48M334.27M334.27M328.50M328.50M335.28M335.28M341.41M341.41M349.53M349.53M356.54M356.54M364.90M364.90M
Financing Growth
-2.32%-2.32%-4.37%-4.37%-7.86%-7.86%-8.12%-8.12%-4.46%-4.46%-0.27%-0.27%13.15%13.15%32.38%32.38%

Operating Expense Breakdown

Period EndingDec 31, 2025Dec 31, 2025Sep 30, 2025Sep 30, 2025Jun 30, 2025Jun 30, 2025Mar 31, 2025Mar 31, 2025Dec 31, 2024Dec 31, 2024Sep 30, 2024Sep 30, 2024Jun 30, 2024Jun 30, 2024Mar 31, 2024Mar 31, 2024Dec 31, 2023Dec 31, 2023Sep 30, 2023Sep 30, 2023Jun 30, 2023Jun 30, 2023Mar 31, 2023Mar 31, 2023Dec 31, 2022Dec 31, 2022Sep 30, 2022Sep 30, 2022Jun 30, 2022Jun 30, 2022Mar 31, 2022Mar 31, 2022Dec 31, 2021Dec 31, 2021Sep 30, 2021Sep 30, 2021Jun 30, 2021Jun 30, 2021Mar 31, 2021Mar 31, 2021Dec 31, 2020Dec 31, 2020Sep 30, 2020Sep 30, 2020Jun 30, 2020Jun 30, 2020Mar 31, 2020Mar 31, 2020Dec 31, 2019Dec 31, 2019Sep 30, 2019Sep 30, 2019Jun 30, 2019Jun 30, 2019Mar 31, 2019Mar 31, 2019Dec 31, 2018
Selling, General, and Administrative
20.42B20.42B19.55B19.55B19.83B19.83B19.50B19.50B
Selling, General, and Administrative Growth
3.00%3.00%0.24%0.24%1.39%1.39%-0.98%-0.98%
Research and Development
8.32B8.32B8.10B8.10B7.89B7.89B7.63B7.63B7.48B7.48B7.26B7.26B7.07B7.07B6.92B6.92B---
Research and Development Growth
11.19%11.19%11.52%11.52%11.61%11.61%10.37%10.37%10.39%10.39%9.49%9.49%7.81%7.81%5.70%5.70%---
Other Expenses
-443.00M-443.00M-200.00M-200.00M2.22B2.22B2.02B2.02B1.87B1.87B1.50B1.50B-958.00M-958.00M-986.00M-986.00M---
Intellectual Property
-964.00M-964.00M-988.00M-988.00M-1.01B-1.01B-1.03B-1.03B-996.00M-996.00M-937.00M-937.00M-889.00M-889.00M-896.00M-896.00M---
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.