International Business Machines Corporation

IBM Technology Information Technology Services

International Business Machines Corporation’s revenue for fiscal 2025 (year ended December 2025) was $67.5 billion, up 7.62% from fiscal 2024.

Revenue
+4.73%
EPS
+24.1%
Free cash flow
+31.3%
Total debt
+1.11%

Quarter to September 2026, against a year earlier

248.25 6.07 −2.39%
Market cap
$233.6B
P/E
20.9×
Fwd P/E
25.8×
Dividend yield
2.72%
F-score
6/9
Altman Z
3.49
Beneish M
−2.41
Dividend safety
64/100

International Business Machines Corporation (IBM) Revenue growth

Alert me on Revenue growth

International Business Machines Corporation's revenue growth over the twelve months to 30 September 2026 was 6.83%, down 0.8 percentage points from fiscal 2025 (7.62%). Over the past ten years it has ranged from −27.5% (fiscal 2019) to 7.62% (fiscal 2025) — the current reading is the highest in ten years. That is above the Information Technology Services industry median of 4.85% and below the Technology sector median of 11.8%.

Revenue growth, annual

Embed this chart

Annual newest first

Period Revenue growth Change (points)
FY2025 7.62% 6.18
FY2024 1.44% (0.76)
FY2023 2.20% (3.34)
FY2022 5.54% 1.61
FY2021 3.93% 8.32
FY2020 −4.39% 23.10
FY2019 −27.5% (28.06)
FY2018 0.57% 1.55
FY2017 −0.98% 1.25
FY2016 −2.23% 9.68

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 4.73% 3.64
Jun 2026 1.09% (8.37)
Mar 2026 9.46% (2.69)
Dec 2025 12.2% 3.04
43 more quarters

Against its own ten years

Low −27.5% High 7.62%
Ten-year median 0.57%
Current reading's percentile 100

Revenue growth against peers

Company Revenue growth
CDW CDW Corporation compare 10.9%
BR Broadridge Financial Solutions, Inc. compare 7.09%
IBM International Business Machines Corporation 6.83%
ACN Accenture PLC compare 6.47%
CTSH Cognizant Technology Solutions Corporation compare 4.96%
INFY American Noble Gas Inc. compare 3.46%
LDOS Leidos Holdings, Inc. compare 2.67%
FISV Fiserv, Inc. compare −1.71%
WIT Wipro Limited compare −3.57%
Information Technology Services industry median 4.85%
Technology sector median 11.8%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

More on IBM