IBMIBM
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$226.85
$206.1552 weeks$329.23
The financials
IBM by the numbers
IBM (IBM) reported revenue of $17.2B in Q2 2026 (quarter ended Jun 30, 2026), up 1.1% from the same quarter a year earlier. That came with a gross margin of 58% and net income of $2.17B (13% of revenue). For the full year FY2025, revenue was $67.5B (+7.6% year on year) and net income $10.6B. Its largest product in Q2 2026 was Strategy And Technology at $2.93B, 17% of the disclosed total, just ahead of Hybrid Infrastructure at 15%. The next results filing is expected around Oct 21, 2026, the same week as a year ago.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $17.2B | $17.0B | +1.1% |
| Gross profit | $9.91B | $9.98B | −0.7% |
| Net income | $2.17B | $2.19B | −1.3% |
| Diluted EPS | $2.27 | $2.31 | −1.7% |
| Product | Revenue | Share |
|---|---|---|
| Strategy And Technology | $2.93B | 17% |
| Hybrid Infrastructure | $2.57B | 15% |
| Intelligent Operations | $2.39B | 14% |
| Transaction Processing | $2.03B | 12% |
| Hybrid Cloud | $2.00B | 12% |
| Automation | $1.95B | 12% |
| Data | $1.78B | 11% |
| Infrastructure Support | $1.26B | 7.5% |
Business segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $16.92B (+8.1%)
Data grew +19% year on yearHybrid Infrastructure -10% year on year
Segment Latestquarter on quarteryear on year
- Strategy And Technology$2.93B$2.93Bquarter on quarter +1.3%year on year +0.45%+1.3%+0.45%
- Hybrid Infrastructure$2.57B$2.57Bquarter on quarter +22%year on year -10%+22%-10%
- Intelligent Operations$2.39B$2.39Bquarter on quarter +0.76%year on year -0.04%+0.76%-0.04%
- Transaction Processing$2.03B$2.03Bquarter on quarter +5.1%year on year -8.1%+5.1%-8.1%
- Hybrid Cloud$2.00B$2.00Bquarter on quarter +4.9%year on year +11%+4.9%+11%
- Automation$1.95B$1.95Bquarter on quarter +12%year on year +3.6%+12%+3.6%
- Data$1.78B$1.78Bquarter on quarter +21%year on year +19%+21%+19%
- Infrastructure Support$1.26B$1.26Bquarter on quarter +3.9%year on year -0.78%+3.9%-0.78%
Information Technology Services
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