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International Business Machines IBM Software — Other expense and (income)

Other segment segments

Infrastructure
$1.37B+7.1%
Consulting
$891M+8.3%
Financing
$19M

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Other financials

Income statement

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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

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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

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Operating cash flow$2.6B+52.7%
CapEx-$975.0M-564%
Free cash flow$1.6B+8.8%

Valuation

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Market cap$222.27B-5.4%
Enterprise value$288.76B+0.3%

Profitability

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Gross margin58.4%+1.3pp
Net margin15.6%+6.9pp
FCF margin18.7%-1.3pp

Returns & leverage

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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 ibm:ExpenseAndIncomeOther.

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:SoftwareConsultingInfrastructureFinancingTotal Segments
Revenue$7,052$5,272$3,326$220$15,870
Segment cost1,2163,8221,4351246,598
Other expenses and (income) (1)3,7378911,366(23)5,971
Segment profit$2,099$558$524$118$3,300
Revenue year-to-year change11.3%4.0%15.3%14.8%9.6%
Segment profit year-to-year change13.7%(0.1)%111.7%72.6%21.3%
Segment profit margin29.8%10.6%15.8%53.8%20.8%
For the three months ended March 31, 2025:

Item 1. Consolidated Financial Statements (Unaudited)

FAQ

What is International Business Machines's software — other expense and (income)?
International Business Machines (IBM) reported software — other expense and (income) of $3.74B in Q1 2026.
What does software — other expense and (income) mean?
Non-operating items specifically allocated to the software segment, such as foreign exchange gains or losses, asset disposals, or specific legal settlements. This metric helps isolate core operational performance from peripheral financial events.

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