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Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Revenue by Business
Consulting$5.27B$5.07B
Financing$220M$191M
Infrastructure$3.33B$2.89B
Software$7.05B$6.34B
Segment profit by Business
Consulting$558M$558M
Financing$118M$69M
Infrastructure$524M$248M
Software$2.1B$1.85B
Other expense and (income) by Business
Consulting$891M$823M
Financing-$23M$19M
Infrastructure$1.37B$1.28B
Software$3.74B$3.45B
Pre-tax income margin (as a percent) by Business
Consulting10.6%11%
Financing53.8%35.8%
Infrastructure15.8%8.6%
Software29.8%29.1%
Pre-tax income year-to-year change (as a percent) by Business
Consulting-0.1%
Financing72.6%
Infrastructure111.7%
Software13.7%
Revenue year-to-year change (as a percent) by Business
Consulting4%
Financing14.8%
Infrastructure15.3%
Software11.3%
Goodwill, Written off Related to Sale of Business Unit by Business
Consulting$0$0$0$0$0
Infrastructure$0$0$0$0$0
Other$0$0$0$0$0
Software$0$0$0$0$0
Interest Income by Business
Consulting$0$0
Financing$205M$176M
Infrastructure$0$0
Software$0$0
Goodwill by Business
Consulting$10.38B+0.3%$10.34B
Infrastructure$4.38B-0.1%$4.39B
Other$0$0
Software$59.95B+13.1%$52.99B
Cost by Business
Consulting$3.82B$3.69B
Infrastructure$1.44B$1.36B
Software$1.22B$1.04B
Foreign Currency Translation and Other Adjustments by Business
Consulting-$36M-166%$54.25M0.0%$54.25M0.0%$54.25M0.0%$54.25M
Infrastructure-$6M-192%$6.5M0.0%$6.5M0.0%$6.5M0.0%$6.5M
Other$0$0$0$0$0
Software-$175M-182%$213.75M0.0%$213.75M0.0%$213.75M0.0%$213.75M
Interest Expense by Business
Consulting$0$0
Financing$111M$90M
Infrastructure$0$0
Software$0$0
Goodwill Additions by Business
Consulting$89M-60.8%$227M0.0%$227M0.0%$227M0.0%$227M
Infrastructure$0$0$0$0$0
Other$0$0$0$0$0
Software$7.14B+470%$1.25B0.0%$1.25B0.0%$1.25B0.0%$1.25B
Depreciation/amortization of intangibles by Business
Consulting$21M$21M
Financing$1M$1M
Infrastructure$278M$266M
Software$134M$121M
Purchase Price Adjustments by Business
Consulting-$18M-820%$2.5M0.0%$2.5M0.0%$2.5M0.0%$2.5M
Infrastructure$1M$0$0$0$0
Other$0$0$0$0$0
Software$1M+150%-$2M0.0%-$2M0.0%-$2M0.0%-$2M
Revenue by Product
Financing$220M$191M
Sales$8.01B$7.07B
Services$7.69B$7.28B
Revenue by Geography
Americas$7.86B$7.21B
Asia Pacific$2.81B$2.78B
Europe/Middle East/Africa$5.24B$4.55B
Originated in Current Fiscal Year by Geography
Americas$646M-83.8%$3.98B
Asia Pacific$270M-65.3%$777M
Europe/Middle East/Africa$194M-91.3%$2.22B
Amortized cost by Geography
Americas$6.76B-7.1%$7.28B
Asia Pacific$1.58B-2.2%$1.61B
Europe/Middle East/Africa$4B-10.0%$4.44B
Recoveries by Geography
Americas$0$0$0$0$0
Asia Pacific$0$0$0$0$0
Europe/Middle East/Africa$0$0$0$0$0
Financing Receivable And Net Investment In Lease Allowance For Credit Losses by Geography
Americas$66M-4.3%$69M
Asia Pacific$7M0.0%$7M
Europe/Middle East/Africa$51M-15.0%$60M
Additions/(releases) by Geography
Americas$1M-60.0%$2.5M0.0%$2.5M0.0%$2.5M0.0%$2.5M
Asia Pacific$0-100%$500K0.0%$500K0.0%$500K0.0%$500K
Europe/Middle East/Africa-$8M-420%$2.5M0.0%$2.5M0.0%$2.5M0.0%$2.5M
Financing Receivable And Net Investment In Lease Allowance For Credit Losses Write Offs by Geography
Americas$5M+25.0%$4M0.0%$4M0.0%$4M0.0%$4M
Asia Pacific$0-100%$1.25M0.0%$1.25M0.0%$1.25M0.0%$1.25M
Europe/Middle East/Africa$0-100%$250K0.0%$250K0.0%$250K0.0%$250K
Other by Geography
Americas$0-100%$1.75M0.0%$1.75M0.0%$1.75M0.0%$1.75M
Asia Pacific$0$0$0$0$0
Europe/Middle East/Africa-$1M-167%$1.5M0.0%$1.5M0.0%$1.5M0.0%$1.5M
Originated in Fiscal Year before Latest Fiscal Year by Geography
Americas$3.42B+199%$1.14B
Asia Pacific$560M+69.7%$330M
Europe/Middle East/Africa$1.88B+163%$715M
Originated Three Years before Latest Fiscal Year by Geography
Americas$524M+121%$237M
Asia Pacific$146M+15.9%$126M
Europe/Middle East/Africa$194M+64.4%$118M
Originated Two Years before Latest Fiscal Year by Geography
Americas$974M+37.6%$708M
Asia Pacific$282M+59.3%$177M
Europe/Middle East/Africa$565M+116%$262M
Originated Four Years before Latest Fiscal Year by Geography
Americas$151M+107%$73M
Asia Pacific$112M+348%$25M
Europe/Middle East/Africa$72M+71.4%$42M
Originated Five or More Years before Latest Fiscal Year by Geography
Americas$49M0.0%$49M
Asia Pacific$20M+300%$5M
Europe/Middle East/Africa$44M+7.3%$41M

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Questions, answered.

How does International Business Machines break its business down?
International Business Machines (IBM) reports revenue by business across 4 parts — Consulting, Financing, Infrastructure and Software. Each is extracted from the segment footnotes and tracked over time.
Where does International Business Machines's segment data come from?
Segment breakdowns are pulled from the segment footnotes in International Business Machines's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.