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

DateRevenueChange
2023-12-31$61.86B2.20%
2022-12-31$60.53B5.54%
2021-12-31$57.35B-22.10%
2020-12-31$73.62B-4.57%
2019-12-31$77.15B-3.07%
2018-12-31$79.59B0.57%
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$106.92B7.06%
2010-12-31$99.87B4.29%
2009-12-31$95.76B-7.60%
2008-12-31$103.63B4.90%
2007-12-31$98.79B8.05%
2006-12-31$91.42B0.32%
2005-12-31$91.13B-5.36%
2004-12-31$96.29B8.04%
2003-12-31$89.13B9.79%
2002-12-31$81.19B-5.45%
2001-12-31$85.87B-2.86%
2000-12-31$88.40B0.97%
1999-12-31$87.55B10.72%
1998-12-31$79.08B0.72%
1997-12-31$78.51B5.63%
1996-12-31$74.32B3.31%
1995-12-31$71.94B12.31%
1994-12-31$64.05B2.13%
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

DateRevenueChange
2024-09-30$14.97B-5.09%
2024-06-30$15.77B9.04%
2024-03-31$14.46B-16.79%
2023-12-31$17.38B17.81%
2023-09-30$14.75B-4.67%
2023-06-30$15.47B8.58%
2023-03-31$14.25B-14.61%
2022-12-31$16.69B18.32%
2022-09-30$14.11B-9.20%
2022-06-30$15.54B9.42%
2022-03-31$14.20B-14.95%
2021-12-31$16.69B-5.24%
2021-09-30$17.62B-6.01%
2021-06-30$18.75B5.72%
2021-03-31$17.73B-12.95%
2020-12-31$20.37B15.98%
2020-09-30$17.56B-3.10%
2020-06-30$18.12B3.15%
2020-03-31$17.57B-19.32%
2019-12-31$21.78B20.80%
2019-09-30$18.03B-5.92%
2019-06-30$19.16B5.39%
2019-03-31$18.18B-16.45%
2018-12-31$21.76B16.02%
2018-09-30$18.75B-6.24%
2018-06-30$20.00B4.89%
2018-03-31$19.07B-15.40%
2017-12-31$22.54B17.70%
2017-09-30$19.15B-0.71%
2017-06-30$19.29B6.25%
2017-03-31$18.16B-16.61%
2016-12-31$21.77B13.23%
2016-09-30$19.23B-5.00%
2016-06-30$20.24B8.32%
2016-03-31$18.68B-15.30%
2015-12-31$22.06B14.42%
2015-09-30$19.28B-7.37%
2015-06-30$20.81B6.24%
2015-03-31$19.59B-18.76%
2014-12-31$24.11B7.66%
2014-09-30$22.40B-8.07%
2014-06-30$24.36B8.36%
2014-03-31$22.48B-18.83%
2013-12-31$27.70B16.77%
2013-09-30$23.72B-4.83%
2013-06-30$24.92B6.48%
2013-03-31$23.41B-20.12%
2012-12-31$29.30B18.41%
2012-09-30$24.75B-4.02%
2012-06-30$25.78B4.50%
2012-03-31$24.67B-16.32%
2011-12-31$29.49B12.73%
2011-09-30$26.16B-1.91%
2011-06-30$26.67B8.37%
2011-03-31$24.61B-15.20%
2010-12-31$29.02B19.56%
2010-09-30$24.27B2.31%
2010-06-30$23.72B3.80%
2010-03-31$22.86B-16.06%
2009-12-31$27.23B15.55%
2009-09-30$23.57B1.36%
2009-06-30$23.25B7.09%
2009-03-31$21.71B-19.61%
2008-12-31$27.01B6.74%
2008-09-30$25.30B-3.35%
2008-06-30$26.18B9.71%
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/ServiceDec 23Dec 22Dec 21Dec 20Dec 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/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 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

CountryDec 23Dec 22Dec 21Dec 20Dec 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

CountrySep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 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


TickerCompanyLast Year RevenueLast Quarter Revenue
IBMInternational Business Machines$61.86B$14.97B
CDWCDW$21.38B$5.52B
CTSHCognizant Technology Solutions$19.35B$5.04B
FISVFiserv$19.09B$5.21B
INFYInfosys$18.56B$4.57B
KDKyndryl$17.03B$3.74B
DXCDXC Technology Company$13.67B$3.24B
ITGartner$5.91B$1.48B
EPAMEPAM Systems$4.69B$1.17B
CNDTConduent$3.72B$807.00M
JKHYJack Henry & Associates$2.20B$600.98M
CYXTCyxtera$746.00M$196.70M
NOTEFiscalNote$132.65M$29.44M
INODInnodata$86.78M$52.22M
FISFidelity National Information Services-$2.57B
AURAurora 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.