International Business Machines (IBM) Revenue & Revenue Breakdown

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International Business Machines Revenue Highlights

Latest Revenue (Y)

$61.86B

Latest Revenue (Q)

$14.97B

Main Segment (Y)

Software

Main Geography (Y)

Americas

International Business Machines Revenue by Period

International Business Machines Revenue by Year

Date	Revenue	Change
2023-12-31	$61.86B	2.20%
2022-12-31	$60.53B	5.54%
2021-12-31	$57.35B	-22.10%
2020-12-31	$73.62B	-4.57%
2019-12-31	$77.15B	-3.07%
2018-12-31	$79.59B	0.57%
2017-12-31	$79.14B	-0.98%
2016-12-31	$79.92B	-2.23%
2015-12-31	$81.74B	-11.91%
2014-12-31	$92.79B	-6.98%
2013-12-31	$99.75B	-4.55%
2012-12-31	$104.51B	-2.25%
2011-12-31	$106.92B	7.06%
2010-12-31	$99.87B	4.29%
2009-12-31	$95.76B	-7.60%
2008-12-31	$103.63B	4.90%
2007-12-31	$98.79B	8.05%
2006-12-31	$91.42B	0.32%
2005-12-31	$91.13B	-5.36%
2004-12-31	$96.29B	8.04%
2003-12-31	$89.13B	9.79%
2002-12-31	$81.19B	-5.45%
2001-12-31	$85.87B	-2.86%
2000-12-31	$88.40B	0.97%
1999-12-31	$87.55B	10.72%
1998-12-31	$79.08B	0.72%
1997-12-31	$78.51B	5.63%
1996-12-31	$74.32B	3.31%
1995-12-31	$71.94B	12.31%
1994-12-31	$64.05B	2.13%
1993-12-31	$62.72B	-

International Business Machines generated $61.86B in revenue during NA 2023, up 2.20% compared to the previous quarter, and up 77.72% compared to the same period a year ago.

International Business Machines Revenue by Quarter

Date	Revenue	Change
2024-09-30	$14.97B	-5.09%
2024-06-30	$15.77B	9.04%
2024-03-31	$14.46B	-16.79%
2023-12-31	$17.38B	17.81%
2023-09-30	$14.75B	-4.67%
2023-06-30	$15.47B	8.58%
2023-03-31	$14.25B	-14.61%
2022-12-31	$16.69B	18.32%
2022-09-30	$14.11B	-9.20%
2022-06-30	$15.54B	9.42%
2022-03-31	$14.20B	-14.95%
2021-12-31	$16.69B	-5.24%
2021-09-30	$17.62B	-6.01%
2021-06-30	$18.75B	5.72%
2021-03-31	$17.73B	-12.95%
2020-12-31	$20.37B	15.98%
2020-09-30	$17.56B	-3.10%
2020-06-30	$18.12B	3.15%
2020-03-31	$17.57B	-19.32%
2019-12-31	$21.78B	20.80%
2019-09-30	$18.03B	-5.92%
2019-06-30	$19.16B	5.39%
2019-03-31	$18.18B	-16.45%
2018-12-31	$21.76B	16.02%
2018-09-30	$18.75B	-6.24%
2018-06-30	$20.00B	4.89%
2018-03-31	$19.07B	-15.40%
2017-12-31	$22.54B	17.70%
2017-09-30	$19.15B	-0.71%
2017-06-30	$19.29B	6.25%
2017-03-31	$18.16B	-16.61%
2016-12-31	$21.77B	13.23%
2016-09-30	$19.23B	-5.00%
2016-06-30	$20.24B	8.32%
2016-03-31	$18.68B	-15.30%
2015-12-31	$22.06B	14.42%
2015-09-30	$19.28B	-7.37%
2015-06-30	$20.81B	6.24%
2015-03-31	$19.59B	-18.76%
2014-12-31	$24.11B	7.66%
2014-09-30	$22.40B	-8.07%
2014-06-30	$24.36B	8.36%
2014-03-31	$22.48B	-18.83%
2013-12-31	$27.70B	16.77%
2013-09-30	$23.72B	-4.83%
2013-06-30	$24.92B	6.48%
2013-03-31	$23.41B	-20.12%
2012-12-31	$29.30B	18.41%
2012-09-30	$24.75B	-4.02%
2012-06-30	$25.78B	4.50%
2012-03-31	$24.67B	-16.32%
2011-12-31	$29.49B	12.73%
2011-09-30	$26.16B	-1.91%
2011-06-30	$26.67B	8.37%
2011-03-31	$24.61B	-15.20%
2010-12-31	$29.02B	19.56%
2010-09-30	$24.27B	2.31%
2010-06-30	$23.72B	3.80%
2010-03-31	$22.86B	-16.06%
2009-12-31	$27.23B	15.55%
2009-09-30	$23.57B	1.36%
2009-06-30	$23.25B	7.09%
2009-03-31	$21.71B	-19.61%
2008-12-31	$27.01B	6.74%
2008-09-30	$25.30B	-3.35%
2008-06-30	$26.18B	9.71%
2008-03-31	$23.86B	-22.32%
2007-12-31	$30.72B	-

International Business Machines generated $14.97B in revenue during Q3 2024, up -5.09% compared to the previous quarter, and up 96.72% compared to the same period a year ago.

International Business Machines Revenue Breakdown

International Business Machines Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Infrastructure	$4.25B	-	-	-	-
Consulting	$19.69B	-	-	-	-
Global Financing	$680.00M	-	-	-	-
Software	$22.48B	-	-	-	-
Financing.	-	$651.00M	$780.00M	-	-
Services	-	$30.21B	-	-	-
Sales	-	$29.67B	$27.35B	-	-
Extended Warranty	-	$135.00M	$186.00M	$221.00M	$250.00M
Services.	-	-	$29.23B	-	-
Financial Service	-	-	-	$1.13B	$1.40B
Product	-	-	-	$27.48B	$28.25B
Technology Service	-	-	-	$45.00B	$47.49B

International Business Machines's latest annual revenue breakdown by segment (product or service), as of Dec 23: Software (47.73%), Consulting (41.80%), Infrastructure (9.03%), and Global Financing (1.44%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Global Technology Services	$7.45B	$7.41B	$7.47B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Global Financing	$180.00M	$169.00M	$192.00M	$115.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Software	-	-	$5.90B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Consulting	-	-	$5.19B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Infrastructure	-	-	$3.08B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Technology Service	-	-	-	-	$7.54B	$7.55B	$11.40B	$11.51B	$11.18B	$10.94B	$11.37B	$12.04B	-	-	-	-	-	-	-	-
Financial Service	-	-	-	-	$186.00M	$183.00M	$242.00M	$288.00M	$275.00M	$268.00M	$302.00M	$303.00M	-	-	-	-	-	-	-	-
Product	-	-	-	-	$7.03B	$7.74B	$6.08B	$8.57B	$6.11B	$6.92B	$5.89B	$9.44B	-	-	-	-	-	-	-	-
Sales	-	-	-	-	-	-	$6.53B	$9.02B	$6.57B	$7.75B	$6.34B	$8.27B	$5.98B	$7.02B	-	-	-	-	-	-
Services	-	-	-	-	-	-	$7.52B	$7.50B	$11.42B	$11.48B	-	-	-	-	-	-	-	-	-	-
Financing.	-	-	-	-	-	-	$196.00M	$172.00M	$176.00M	$147.00M	$155.00M	$74.00M	-	-	-	-	-	-	-	-
Extended Warranty	-	-	-	-	-	-	-	$15.00M	$44.00M	$55.00M	$228.00M	$228.00M	$59.00M	-	-	-	-	-	-	-
Services.	-	-	-	-	-	-	-	-	$7.37B	$7.64B	$7.70B	$-5.08B	-	-	-	-	-	-	-	-
Financing	-	-	-	-	-	-	-	-	-	-	-	-	$222.00M	$242.00M	-	-	-	-	-	-

International Business Machines's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Global Technology Services (97.64%), and Global Financing (2.36%).

International Business Machines Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Asia Pacific	$11.70B	$11.52B	$11.60B	$15.86B	$16.43B
E M E A	$18.49B	$23.64B	$24.44B	-	-
Americas	$31.67B	$31.06B	$28.30B	$34.11B	$36.27B
EMEA	-	$17.95B	$17.45B	-	-

International Business Machines's latest annual revenue breakdown by geography, as of Dec 23: Americas (51.19%), E M E A (29.89%), and Asia Pacific (18.92%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Americas	$7.45B	$7.98B	$7.30B	$8.86B	$7.69B	$8.05B	$7.08B	$8.44B	$7.42B	$8.14B	$7.06B	$3.08B	$8.22B	$8.82B	$8.18B	$9.36B	$8.14B	$8.45B	$8.17B	$10.46B
Asia Pacific	$2.93B	$3.07B	$2.85B	$3.19B	$2.84B	$2.83B	$2.84B	$3.01B	$2.73B	$2.87B	$2.91B	$-1.00M	$3.81B	$3.89B	$3.91B	$4.14B	$3.86B	$3.98B	$3.89B	$4.23B
E M E A	$4.58B	$4.72B	$4.31B	$5.34B	$5.64B	$6.87B	$5.56B	$5.70B	$5.52B	$7.09B	-	-	-	-	-	-	-	-	-	-
EMEA	-	-	-	-	$4.22B	$4.60B	$4.33B	$5.23B	$3.96B	$4.53B	$4.23B	$175.00M	$5.59B	$6.04B	-	-	-	-	-	-

International Business Machines's latest quarterly revenue breakdown by geography, as of Sep 24: Americas (49.79%), E M E A (30.62%), and Asia Pacific (19.59%).

International Business Machines Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
IBM	International Business Machines	$61.86B	$14.97B
CDW	CDW	$21.38B	$5.52B
CTSH	Cognizant Technology Solutions	$19.35B	$5.04B
INFY	Infosys	$18.56B	$4.57B
KD	Kyndryl	$17.03B	$3.74B
DXC	DXC Technology Company	$13.67B	$3.24B
IT	Gartner	$5.91B	$1.48B
EPAM	EPAM Systems	$4.69B	$1.17B
CNDT	Conduent	$3.72B	$807.00M
JKHY	Jack Henry & Associates	$2.20B	$600.98M
NOTE	FiscalNote	$132.65M	$29.44M
INOD	Innodata	$86.78M	$52.22M
FIS	Fidelity National Information Services	-	$2.57B
AUR	Aurora Innovation	-	-

IBM Revenue FAQ

What is International Business Machines’s yearly revenue?

International Business Machines's yearly revenue for 2023 was $61.86B, representing an increase of 2.20% compared to 2022. The company's yearly revenue for 2022 was $60.53B, representing an increase of 5.54% compared to 2021. IBM's yearly revenue for 2021 was $57.35B, representing a decrease of -22.10% compared to 2020.

What is International Business Machines’s quarterly revenue?

International Business Machines's quarterly revenue for Q3 2024 was $14.97B, a -5.09% decrease from the previous quarter (Q2 2024), and a 1.45% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $15.77B, a 9.04% increase from the previous quarter (Q1 2024), and a 1.91% increase year-over-year (Q2 2023). IBM's quarterly revenue for Q1 2024 was $14.46B, a -16.79% decrease from the previous quarter (Q4 2023), and a 1.47% increase year-over-year (Q1 2023).

What is International Business Machines’s revenue growth rate?

International Business Machines's revenue growth rate for the last 3 years (2021-2023) was 7.86%, and for the last 5 years (2019-2023) was -19.82%.

What are International Business Machines’s revenue streams?

International Business Machines's revenue streams in c 23 are Infrastructure, Consulting, Global Financing, and Software. Infrastructure generated $4.25B in revenue, accounting 9.03% of the company's total revenue Consulting generated $19.69B in revenue, accounting 41.80% of the company's total revenue Global Financing generated $680M in revenue, accounting 1.44% of the company's total revenue Software generated $22.48B in revenue, accounting 47.73% of the company's total revenue

What is International Business Machines’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of International Business Machines was Software. This segment made a revenue of $22.48B, representing 47.73% of the company's total revenue.