International Business Machines (IBM) Revenue (2009 - 2026)
International Business Machines (IBM) reported Revenue of $17.1 billion for Q3 2026, up 4.7% from $16.33 billion a year earlier but down 0.3% from the prior quarter.
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Analysis
International Business Machines (IBM) Revenue (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, International Business Machines' Revenue came in at $69.87 billion, up 6.8% year-over-year; for FY2025, it came in at $67.54 billion, up 7.6% from FY2024.
- Revenue has increased for five consecutive years, with a five-year compound annual growth rate of 4.1% (FY2020 to FY2025).
- By year, Revenue came in at $62.75 billion in FY2024 (+1.4%), $61.86 billion in FY2023 (+2.2%), $60.53 billion in FY2022 (+5.5%) and $57.35 billion in FY2021 (+3.9%).
- Five-year quarterly Revenue spans a low of $14.11 billion in Q3 2022 and a high of $19.69 billion in Q4 2025.
- Year over year, Revenue has now increased in each of the last 13 quarters, with growth averaging 5.7% over the last eight quarters.
- The high point for year-over-year Revenue in five years was Q4 2021 (growth of 766.8%); the low point was Q2 2023 (a decline of 0.4%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $17.16 billion (Q2 2026), $15.92 billion (Q1 2026) and $19.69 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 4,036.48 Bn | 3,971.97 Bn | 62.56 Bn | 92.28 Bn |
| 2 | International Business Machines | 233.82 Bn | 188.43 Bn | 9.71 Bn | 17.10 Bn |
| 3 | Cloudflare | 105.74 Bn | 88.18 Bn | 557.23 Mn | 782.51 Mn |
| 4 | Equinix | 105.28 Bn | 93.18 Bn | 1.31 Bn | 2.57 Bn |
| 5 | Nebius | 33.92 Bn | 7.35 Bn | 448.70 Mn | 582.30 Mn |
| 6 | Verisign | 27.52 Bn | 24.88 Bn | 393.20 Mn | 443.00 Mn |
| 7 | CoreWeave | 26.99 Bn | 14.09 Bn | 1.70 Bn | 2.58 Bn |
| 8 | Nutanix | 16.23 Bn | 7.92 Bn | 651.35 Mn | 757.08 Mn |
| 9 | GoDaddy | 14.21 Bn | 9.59 Bn | 843.00 Mn | 1.34 Bn |
| 10 | Akamai Technologies | 11.74 Bn | 5.15 Bn | 613.75 Mn | 1.10 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 17.10 Bn |
| Jun 30, 2026 | 17.16 Bn |
| Mar 31, 2026 | 15.92 Bn |
| Dec 31, 2025 | 19.69 Bn |
| Sep 30, 2025 | 16.33 Bn |
| Jun 30, 2025 | 16.98 Bn |
| Mar 31, 2025 | 14.54 Bn |
| Dec 31, 2024 | 17.55 Bn |
| Sep 30, 2024 | 14.97 Bn |
| Jun 30, 2024 | 15.77 Bn |
| Mar 31, 2024 | 14.46 Bn |
| Dec 31, 2023 | 17.38 Bn |
| Sep 30, 2023 | 14.75 Bn |
| Jun 30, 2023 | 15.48 Bn |
| Mar 31, 2023 | 14.25 Bn |
| Dec 31, 2022 | 16.69 Bn |
| Sep 30, 2022 | 14.11 Bn |
| Jun 30, 2022 | 15.54 Bn |
| Mar 31, 2022 | 14.20 Bn |
| Dec 31, 2021 | 16.69 Bn |
API Access
International Business Machines Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=revenue&ticker=IBM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "ticker": "IBM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=revenue&ticker=IBM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();