How has International Business Machines's consulting — revenue changed year-over-year?

International Business Machines's consulting — revenue increased by 4.0% year-over-year, from $5.07B to $5.27B.

What does consulting — revenue mean?

This metric represents the total gross income generated by the consulting business segment from contracts with customers. It reflects the scale of professional services, digital transformation, and strategic advisory engagements delivered to enterprise clients.

International Business Machines (IBM) Consulting — Revenue

Screener

Other segment segments

Software

$7.05B+11.3%

Infrastructure

$3.33B+15.2%

Financing

$191M—

Similar metrics at other companies

MRSHConsulting — Revenue

$2.6B+9.7%

RGPConsulting — Revenue

$36.63M-28.1%

ITConsulting — Revenue

$119.13M-14.7%

FORRConsulting — Revenue

$14.3M-19.2%

WTWConsulting — Revenue

$854M+6.2%

FAT

FATNConsulting — Revenue

$558.06K+25.9%

Other financials

Income statement

See full

Revenue$15.9B+9.5%

Gross profit$9.9B-0.7%

Net income$1.2B+15.3%

EPS (diluted)$2.27-1.7%

Balance sheet

See full

Cash & equivalents$10.9B-2.7%

Total debt$77.4B+4.9%

Total equity$33.0B+22.7%

Total assets$156.23B+7.3%

Cash flow

See full

Operating cash flow$2.6B+52.7%

CapEx-$975.0M-564%

Free cash flow$1.6B+8.8%

Valuation

See full

Market cap$222.27B-5.4%

Enterprise value$288.76B+0.3%

Profitability

See full

Gross margin58.4%+1.3pp

Net margin15.6%+6.9pp

FCF margin18.7%-1.3pp

Returns & leverage

See full

Return on equity35.9%+14.1pp

Debt / equity2.3×-0.4×

Current ratio0.8×-0.2×

Where this comes from

Reported directly by International Business Machines in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: International Business Machines’s 10-Q, filed April 23, 2026.

Filed: Apr 23, 2026, 6:22 AM EDT
Fiscal quarter: Q1 FY2026
Calendar quarter: Q1 2026
Accession: 0000051143-26-000038

($ in millions) / For the three months ended March 31:	2026	2025
Total Software	$7,052	$6,336
Strategy and Technology	2,896	2,782
Intelligent Operations	2,376	2,286
Total Consulting	$5,272	$5,068
Hybrid Infrastructure	2,108	1,646
Infrastructure Support	1,218	1,240
Total Infrastructure	$3,326	$2,886
Financing (1)	220	191

Item 1. Consolidated Financial Statements (Unaudited)

FAQ

What is International Business Machines's consulting — revenue?: International Business Machines (IBM) reported consulting — revenue of $5.27B in Q1 2026.
How has International Business Machines's consulting — revenue changed year-over-year?: International Business Machines's consulting — revenue increased by 4.0% year-over-year, from $5.07B to $5.27B.
What does consulting — revenue mean?: This metric represents the total gross income generated by the consulting business segment from contracts with customers. It reflects the scale of professional services, digital transformation, and strategic advisory engagements delivered to enterprise clients.