International Business Machines (IBM) Operating Income (2009 - 2026)

International Business Machines (IBM) recorded quarterly Operating Income of $1.7 billion in Q1 2026, down 60.55% quarter-over-quarter from $4.3 billion in Q4 2025, and up 41.26% on a YoY basis from $1.2 billion in Q1 2025.

International Business Machines (IBM) Operating Income (2009 - 2026) Analysis & Trends

International Business Machines' Operating Income history runs 18 years deep, the most recent figure standing at $1.7 billion for Q1 2026.

  • In Q1 2026, Operating Income rose 41.26% year-over-year to $1.7 billion; the TTM figure through Mar 2026 stood at $11.4 billion (up 31.87% YoY), while the FY2025 annual figure was $10.9 billion, up 29.51% from the prior year.
  • Operating Income was $1.7 billion for Q1 2026 at International Business Machines, down from $4.3 billion in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $4.3 billion in Q4 2025 to a low of $972.0 million in Q1 2024.
  • Historically, Operating Income has averaged $2.2 billion across 5 years, with a median of $1.9 billion in 2023.
  • The sharpest annual moves came in 2024 and 2025: Operating Income declined 13.14% in 2024, then soared 54.93% in 2025.
  • A 5-year view of Operating Income shows it stood at $3.3 billion in 2022, then rose by 14.29% to $3.7 billion in 2023, then slipped by 3.25% to $3.6 billion in 2024, then gained by 18.63% to $4.3 billion in 2025, then slumped by 60.55% to $1.7 billion in 2026.
  • The last three Operating Income figures came in at $1.7 billion (Q1 2026), $4.3 billion (Q4 2025), and $2.5 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn 1.06 Bn
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn 1.69 Bn
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn 447.00 Mn
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn 2.49 Bn
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 843.00 Mn
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn 423.00 Mn
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn 359.50 Mn
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn 376.00 Mn
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn 508.00 Mn
10 Caci International 11.74 Bn 11.58 Bn 797.83 Mn 228.88 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.69 Bn
Dec 31, 2025 4.28 Bn
Sep 30, 2025 2.53 Bn
Jun 30, 2025 2.85 Bn
Mar 31, 2025 1.20 Bn
Dec 31, 2024 3.61 Bn
Sep 30, 2024 1.63 Bn
Jun 30, 2024 2.17 Bn
Mar 31, 2024 972.00 Mn
Dec 31, 2023 3.73 Bn
Sep 30, 2023 1.88 Bn
Jun 30, 2023 1.91 Bn
Mar 31, 2023 1.00 Bn
Dec 31, 2022 3.26 Bn
Sep 30, 2022 1.43 Bn
Jun 30, 2022 1.76 Bn
Mar 31, 2022 1.06 Bn
Dec 31, 2021 2.97 Bn
Sep 30, 2021 1.19 Bn
Jun 30, 2021 1.36 Bn