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$5.27B+4.0%
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$3.33B+15.2%
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$191M

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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 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 31:20262025
Automation1,7411,584
Data1,4741,236
Transaction Processing1,9321,828
Total Software$7,052$6,336
Strategy and Technology2,8962,782
Intelligent Operations2,3762,286
Total Consulting$5,272$5,068
Hybrid Infrastructure2,1081,646

Item 1. Consolidated Financial Statements (Unaudited)

FAQ

What is International Business Machines's software — revenue?
International Business Machines (IBM) reported software — revenue of $7.05B in Q1 2026.
How has International Business Machines's software — revenue changed year-over-year?
International Business Machines's software — revenue increased by 11.3% year-over-year, from $6.34B to $7.05B.
What does software — revenue mean?
The total gross income generated from the sale of software licenses, subscriptions, and related support services within the software business segment. This metric reflects the market demand for the company's software portfolio and its ability to monetize digital assets.

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