International Business Machines
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of International Business Machines (IBM). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | Q1 2025 | Q2 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|
| Software | $6.34B 43.8% | $7.39B 43.4% | $7.05B 44.4% | $7.76B 45.4% |
| Consulting | $5.07B 35.0% | $5.31B 31.2% | $5.27B 33.2% | $5.33B 31.1% |
| Infrastructure | $2.89B 19.9% | $4.14B 24.4% | $3.33B 21.0% | $3.84B 22.4% |
| Financing | $191.0M 1.3% | $166.0M 1.0% | $220.0M 1.4% | $186.0M 1.1% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by region
| Segment | Q1 2025 | Q2 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|
| Americas | $7.21B 49.6% | $8.46B 49.8% | $7.86B 49.4% | $8.42B 49.0% |
| Europe/Middle East/Africa | $4.55B 31.3% | $5.41B 31.9% | $5.24B 32.9% | $5.63B 32.8% |
| Asia Pacific | $2.78B 19.1% | $3.10B 18.3% | $2.81B 17.7% | $3.11B 18.1% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by product line
| Segment | Q1 2025 | Q2 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|
| Sales | $7.07B 48.6% | $9.13B 53.8% | $8.01B 50.3% | $9.05B 52.7% |
| Services | $7.28B 50.1% | $7.68B 45.2% | $7.69B 48.3% | $7.93B 46.2% |
| Financing | $191.0M 1.3% | $166.0M 1.0% | $220.0M 1.4% | $186.0M 1.1% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Remaining performance obligations
Remaining performance obligations are the part of the business already sold but not yet delivered and therefore not yet booked as revenue. In subscription and project businesses it points the way earlier than revenue does.
| As of | Remaining performance obligations |
|---|---|
| Q2 2026 | $68.00B |
| Q1 2026 | $69.00B |
| Q4 2025 | $71.00B |
| Q3 2025 | $64.00B |
| Q2 2025 | $66.00B |
| Q1 2025 | $64.00B |
| Q4 2024 | $63.00B |
| Q3 2024 | $57.00B |
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.