IBM Financials

Income Statement
MetricQ3 2026Q2 2026Q1 2026Q4 2025Q3 2025
Revenue
17.1B
-0.3%
17.2B
+7.8%
15.9B
-19.1%
19.7B
+20.5%
16.3B
Cost of Revenue
7.4B
+1.8%
7.3B
+4.1%
7.0B
-10.2%
7.8B
+11.3%
7.0B
Gross Profit
9.7B
-1.9%
9.9B
+10.7%
8.9B
-25.0%
11.9B
+27.4%
9.4B
Operating Expenses
6.7B
-3.1%
6.9B
-2.1%
7.1B
-3.0%
7.3B
+13.5%
6.4B
R&D
2.4B
+2.9%
2.3B
+6.4%
2.2B
-24.4%
2.9B
+38.0%
2.1B
SG&A
4.6B
-7.2%
5.0B
-2.1%
5.1B
-6.8%
5.5B
+15.0%
4.7B
Operating Income
3.0B
+0.8%
3.0B
+59.5%
1.9B
-59.7%
4.6B
+58.1%
2.9B
EBITDA
4.4B
+1.2%
4.3B
+37.7%
3.1B
-47.0%
5.9B
+40.7%
4.2B
Net Income
2.2B
+1.1%
2.2B
+78.2%
1.2B
-78.3%
5.6B
+221.0%
1.7B
EPS (Basic)
$2.32
+0.9%
$2.30
+79.7%
$1.28
-79.0%
$6.09
+225.7%
$1.87
EPS (Diluted)
$2.30
+1.3%
$2.27
+74.6%
$1.30
-77.5%
$5.77
+213.6%
$1.84
Shares (Diluted)
953.5M
+0.0%
953.3M
+1.6%
938.5M
-3.2%
969.8M
+2.2%
948.9M