The table below shows INTERNATIONAL BUSINESS MACHINES CORP's income statement by quarter, as reported in the company's quarterly filings. All figures are in US dollars; negative values appear in red.
Line item
Q1 2026
Q3 2025
Q2 2025
Q1 2025
Q3 2024
Q2 2024
Revenue
$15.92B
$16.33B
$16.98B
$14.54B
$14.97B
$15.77B
Cost of revenue
$6.97B
$6.97B
$7.00B
$6.51B
$6.55B
$6.82B
Gross profit
$8.95B
$9.36B
$9.98B
$8.03B
$8.42B
$8.95B
R&D
$2.17B
$2.08B
$2.10B
$1.95B
$1.88B
$1.84B
IBM annual revenue (10-K history)
INTERNATIONAL BUSINESS MACHINES CORP reported annual revenue of $67.53B for fiscal year 2025. That is up 7.6% from $62.75B in fiscal 2024. Over the 10 fiscal years shown, annual revenue declined from $79.92B (FY 2016) to $67.53B. Figures come from the company's audited annual reports as filed with the SEC.
