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International Business Machines IBM Total Revenue

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Segments

By segment

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Software$7.05B+11.3%
Consulting$5.27B+4.0%
Infrastructure$3.33B+15.2%
Financing$191M—

By geography

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Americas$7.86B+9.1%
Europe/Middle East/Africa$5.24B+15.2%
Asia Pacific$2.81B+1.1%

Other financials

Income statement

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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$216.57B-5.0%
Enterprise value$283.06B+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, except per share amounts)Three Months Ended March 31, 2026Three Months Ended March 31, 2025
Services$7,688$7,280
Sales8,0097,070
Financing220191
Total revenue15,91714,541
Cost:
Services5,2445,002
Sales1,5991,404
Financing124104

Item 1. Consolidated Financial Statements (Unaudited)

FAQ

What is International Business Machines's total revenue?
International Business Machines (IBM) reported total revenue of $15.92B in Q1 2026.
How has International Business Machines's total revenue changed year-over-year?
International Business Machines's total revenue increased by 9.5% year-over-year, from $14.54B to $15.92B.
What is the long-term trend for International Business Machines's total revenue?
Over 4 years (2021 to 2025), International Business Machines's total revenue has grown at a 4.2% compound annual growth rate (CAGR), from $57.35B to $67.54B.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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