INTERNATIONAL BUSINESS MACHINES CORP reported revenue of $17.16B for the period ended 2026-06-30, +1.1% year on year. Net income was $2.17B, a 12.6% net margin on a 57.7% gross margin. The largest revenue line is Infrastructure at 22% of the total. Free cash flow for the period was $2.21B.
| Item | Amount | Y/Y |
|---|---|---|
| Revenue | $17.16B | +1.1% |
| Gross profit | $9.91B | — |
| Operating income | $2.62B | — |
| Net income | $2.17B | -1.3% |
| Gross margin | 57.7% | Net margin 12.6% |
| Revenue Q/Q | +7.8% | — |
| Segment | Revenue | Share |
|---|---|---|
| Infrastructure | $3.83B | 22.3% |
| Strategy And Technology | $2.93B | 17.1% |
| Intelligent Operations | $2.39B | 13.9% |
| Transaction Processing | $2.03B | 11.8% |
| Hybrid Cloud | $2.00B | 11.6% |
| Automation | $1.95B | 11.4% |
| Data | $1.78B | 10.4% |
| Financing | $0.19B | 1.1% |
| Item | Amount | % of revenue |
|---|---|---|
| Cost of revenue | $7.25B | 42.3% |
| R&D | $2.31B | 13.5% |
| SG&A | $4.98B | 29.0% |
| Tax & other | $0.45B | 2.6% |
| Item | Amount |
|---|---|
| Total assets | $152.10B |
| Total liabilities | $117.56B |
| Shareholders' equity | $34.54B |
| Equity / assets | 22.7% |
| Operating cash flow | $2.60B |
| Capital expenditure | $0.38B |
| Free cash flow | $2.21B |
| Cash conversion (OCF / net income) | 120% |
The Sankey chart shows how revenue splits into cost of revenue, R&D and SG&A, and what remains as profit — clean visuals for research decks and social posts.
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Source: SEC EDGAR · This page shows public filing data only, not investment advice. · Browse all companies