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Quarterly TTM Annual
Income Balance Cash flow
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Three-Statement Breakdown

IBM
2026-06-30 · figures in $M

REVENUE UP

Revenue rose 7.9% year over year to $69.1B, and carried a 15.5% net margin.

REVENUE +7.9%
69,096 +7.9% YoY
GROSS PROFIT +8.9%
40,146 58.1% MGN
NET INCOME +83.9%
10,725 15.5% MGN
EPS (DILUTED) —
—
Income statement TTM 24-09 TTM 24-12 TTM 25-03 TTM 25-06 TTM 25-09 TTM 25-12 TTM 26-03 vs prior TTM YoY
Revenue
10-Q
62,581 62,753 62,832 64,039 65,402 67,535 68,911 69,096 +0.3% +7.9%
Cost of revenue
10-Q
(27,201) (27,201) (26,992) (27,173) (27,595) (28,239) (28,697) (28,951) +0.9% +6.5%
Gross profit
10-Q
35,379 35,551 35,840 36,867 37,807 39,297 40,216 40,146 -0.2% +8.9%
Research & development
10-Q
(7,260) (7,479) (7,633) (7,890) (8,096) (8,316) (8,539) (8,753) +2.5% +10.9%
SG&A
10-Q
(19,615) (19,688) (19,600) (19,689) (19,526) (20,123) (20,326) (20,280) -0.2% +3.0%
Interest expense
10-Q
(1,693) (1,712) (1,735) (1,818) (1,881) (1,935) (1,953) (1,929) -1.2% +6.1%
Income tax
10-Q
-124 -218 (387) (402) (1,573) -242 -173 -264 — —
Net income
10-Q
6,397 6,023 5,473 5,833 7,907 10,593 10,754 10,725 -0.3% +83.9%

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · GROSS PROFIT · YoY BRIDGE
FROM36,867 REVENUE+5,057 COST OF REVENUE-1,778 TO40,146
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-07-23 ↗