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International Business Machines Corporation (IBM)
NYSE: IBM · Real-Time Price · USD
206.65
+0.88 (0.43%)
At close: Jul 23, 2026, 4:00 PM EDT
205.75
-0.90 (-0.44%)
After-hours: Jul 23, 2026, 7:59 PM EDT

IBM Operating Metrics

Period EndingJun 30, 2026Mar 31, 2026Dec 31, 2025Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021
Annual Recurring Revenue
24.60B24.60B23.60B23.20B22.70B21.70B15.30B14.90B
Annual Recurring Revenue Growth
8.37%13.36%54.25%55.70%60.99%56.12%6.25%6.43%

Revenue by Segment

Period EndingJun 30, 2026Mar 31, 2026Dec 31, 2025Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021
Software
31.05B30.68B29.96B28.86B28.17B27.52B27.09B26.68B
Software Growth
10.23%11.47%10.62%8.17%6.64%4.71%2.96%2.28%
Consulting
21.27B21.26B21.06B20.88B20.71B20.57B20.69B20.57B
Consulting Growth
2.72%3.33%1.75%1.54%1.63%1.80%3.53%4.35%
Infrastructure
15.85B16.16B15.72B14.84B14.33B13.83B14.02B14.37B
Infrastructure Growth
10.65%16.85%12.13%3.31%-1.86%-5.09%-3.93%-0.72%
Financing
785.00M765.00M736.00M727.00M708.00M711.00M713.00M718.00M
Financing Growth
10.88%7.59%3.23%1.25%-2.07%-3.79%-3.91%-2.84%
Other
133.00M50.00M63.00M97.00M127.00M196.00M243.00M255.00M
Other Growth
4.72%-74.49%-74.07%-61.96%-50.00%-26.59%3.85%49.12%

Gross Profit by Segment

Period EndingMar 31, 2026Dec 31, 2025Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018
Software
25.56B25.02B24.22B23.66B23.09B22.66B22.06B21.61B---------------
Software Growth
10.67%10.42%9.79%9.46%8.83%7.55%5.83%5.66%---------------
Inftrastructure
9.58B9.22B8.53B8.17B7.68B7.82B8.19B8.27B---------------
Inftrastructure Growth
24.83%17.85%4.14%-1.22%-3.88%-1.28%7.85%9.56%---------------
Consulting
5.99B5.92B5.85B5.76B5.66B5.59B5.54B5.30B---------------
Consulting Growth
5.88%6.05%5.75%8.66%8.09%8.00%8.94%4.35%---------------
Financing
342.00M333.48M334.27M328.50M335.28M341.41M349.53M356.54M---------------
Financing Growth
2.00%-2.32%-4.37%-7.86%-8.12%-4.46%-0.27%13.15%---------------

Operating Expense Breakdown

Period EndingJun 30, 2026Mar 31, 2026Dec 31, 2025Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018
Selling, General, and Administrative
20.14B21.10B20.42B19.55B
Selling, General, and Administrative Growth
-1.37%7.94%3.00%0.24%
Research and Development
-8.54B8.32B8.10B7.89B7.63B7.48B7.26B--
Research and Development Growth
-11.87%11.19%11.52%11.61%10.37%10.39%9.49%--
Other Expenses
-425.00M-279.00M-443.00M-200.00M2.22B2.02B1.87B1.50B--
Intellectual Property
-834.00M-883.00M-964.00M-988.00M-1.01B-1.03B-996.00M-937.00M--