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International Business Machines Corporation (IBM)
NYSE: IBM · Real-Time Price · USD
256.55
+6.49 (2.60%)
At close: Mar 5, 2026, 4:00 PM EST
254.88
-1.67 (-0.65%)
Pre-market: Mar 6, 2026, 6:52 AM EST

IBM Operating Metrics

Period Ending Dec 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
23.60B 23.60B 23.20B 23.20B 22.70B 22.70B 21.70B 21.70B 15.30B 15.30B 14.90B 14.90B 14.10B 14.10B 13.90B 13.90B
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 Ending Dec 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
29.96B 29.96B 28.86B 28.86B 28.17B 28.17B 27.52B 27.52B 27.09B 27.09B 26.68B 26.68B 26.42B 26.42B 26.29B 26.29B
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
21.06B 21.06B 20.88B 20.88B 20.71B 20.71B 20.57B 20.57B 20.69B 20.69B 20.57B 20.57B 20.38B 20.38B 20.21B 20.21B
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
15.72B 15.72B 14.84B 14.84B 14.33B 14.33B 13.83B 13.83B 14.02B 14.02B 14.37B 14.37B 14.60B 14.60B 14.57B 14.57B
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
736.00M 736.00M 727.00M 727.00M 708.00M 708.00M 711.00M 711.00M 713.00M 713.00M 718.00M 718.00M 723.00M 723.00M 739.00M 739.00M
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
63.00M 63.00M 97.00M 97.00M 127.00M 127.00M 196.00M 196.00M 243.00M 243.00M 255.00M 255.00M 254.00M 254.00M 267.00M 267.00M
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 Ending Dec 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
25.02B 25.02B 24.22B 24.22B 23.66B 23.66B 23.09B 23.09B 22.66B 22.66B 22.06B 22.06B 21.61B 21.61B 21.22B 21.22B
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
9.22B 9.22B 8.53B 8.53B 8.17B 8.17B 7.68B 7.68B 7.82B 7.82B 8.19B 8.19B 8.27B 8.27B 7.99B 7.99B
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
5.92B 5.92B 5.85B 5.85B 5.76B 5.76B 5.66B 5.66B 5.59B 5.59B 5.54B 5.54B 5.30B 5.30B 5.23B 5.23B
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
333.48M 333.48M 334.27M 334.27M 328.50M 328.50M 335.28M 335.28M 341.41M 341.41M 349.53M 349.53M 356.54M 356.54M 364.90M 364.90M
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 Ending Dec 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
20.42B 20.42B 19.55B 19.55B 19.83B 19.83B 19.50B 19.50B
Selling, General, and Administrative Growth
3.00% 3.00% 0.24% 0.24% 1.39% 1.39% -0.98% -0.98%
Research and Development
8.32B 8.32B 8.10B 8.10B 7.89B 7.89B 7.63B 7.63B 7.48B 7.48B 7.26B 7.26B 7.07B 7.07B 6.92B 6.92B - - -
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 -200.00M 2.22B 2.22B 2.02B 2.02B 1.87B 1.87B 1.50B 1.50B -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.