IBMIBMEarnings & Financial Report
International Business Machines Corporation, doing business as IBM, is an American multinational technology company headquartered in Armonk, New York, and present in over 175 countries. It is a publicly traded company and one of the 30 companies in the Dow Jones Industrial Average. IBM is the largest industrial research organization in the world, with 19 research facilities across a dozen countries; for 29 consecutive years, from 1993 to 2021, it held the record for most annual U.S.
IBM Q3 2025 Key Financial Metrics
Revenue
$16.3B
Gross Profit
$9.4B
Operating Profit
N/A
Net Profit
$1.7B
Gross Margin
57.3%
Operating Margin
N/A
Net Margin
10.7%
YoY Growth
9.1%
EPS
$1.84
Financial Flow
IBM Q3 2025 Financial Summary
IBM reported revenue of $16.3B for Q3 2025, with a net profit of $1.7B (10.7% margin). Cost of goods sold was $7.0B, operating expenses totaled N/A.
Key Financial Metrics
| Total Revenue | $16.3B |
|---|---|
| Net Profit | $1.7B |
| Gross Margin | 57.3% |
| Operating Margin | N/A |
| Report Period | Q3 2025 |
IBM Annual Revenue by Year
IBM annual revenue history includes year-by-year totals (for example, 2024 revenue was $62.8B).
| Year | Annual Revenue |
|---|---|
| 2024 | $62.8B |
| 2023 | $61.9B |
| 2022 | $60.5B |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $17.38B | $14.46B | $15.77B | $14.97B | $17.55B | $14.54B | $16.98B | $16.33B |
| YoY Growth | 4.1% | 1.5% | 1.9% | 1.5% | 1.0% | 0.5% | 7.7% | 9.1% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $135.24B | $137.17B | $133.85B | $134.34B | $137.18B | $145.67B | $148.59B | $146.31B |
| Liabilities | $112.63B | $113.84B | $109.75B | $109.81B | $109.78B | $118.71B | $121.00B | $118.32B |
| Equity | $22.53B | $23.26B | $24.03B | $24.45B | $27.31B | $26.88B | $27.51B | $27.91B |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $4.46B | $4.17B | $2.07B | $2.88B | $4.33B | $4.37B | $1.70B | $3.08B |
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