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| Date | Value |
|---|---|
| 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 |