International Business Machines (IBM) Revenue & Revenue Breakdown
International Business Machines Revenue Highlights
Latest Revenue (Y)
$61.86B
Latest Revenue (Q)
$15.77B
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 |
|---|---|---|
| 2024-06-30 | $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 | 335.66% |
| 2021-12-31 | $3.26B | -81.50% |
| 2021-09-30 | $17.62B | -6.01% |
| 2021-06-30 | $18.75B | 5.73% |
| 2021-03-31 | $17.73B | -12.96% |
| 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 $15.77B in revenue during Q2 2024, up 9.04% compared to the previous quarter, and up 110.65% 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 |
|---|---|---|---|---|---|
| Software | $22.48B | - | - | - | - |
| Global Financing | $680.00M | - | - | - | - |
| Infrastructure | $4.25B | - | - | - | - |
| Consulting | $19.69B | - | - | - | - |
| 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 | - | - |
| Product | - | - | - | $27.48B | $28.25B |
| Financial Service | - | - | - | $1.13B | $1.40B |
| 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 | 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 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Global Technology Services | $7.41B | $7.47B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Global Financing | $169.00M | $192.00M | $115.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Software | - | $5.90B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Consulting | - | $5.19B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Infrastructure | - | $3.08B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Financial Service | - | - | - | $186.00M | $183.00M | $242.00M | $288.00M | $275.00M | $268.00M | $302.00M | $303.00M | $343.00M | - | - | - | - | - | - | - | - |
| Product | - | - | - | $7.03B | $7.74B | $6.08B | $8.57B | $6.11B | $6.92B | $5.89B | $9.44B | - | - | - | - | - | - | - | - | - |
| Technology Service | - | - | - | $7.54B | $7.55B | $11.40B | $11.51B | $11.18B | $10.94B | $11.37B | $12.04B | - | - | - | - | - | - | - | - | - |
| Financing. | - | - | - | - | - | $196.00M | $172.00M | $176.00M | $147.00M | $155.00M | $74.00M | - | - | - | - | - | - | - | - | - |
| Services | - | - | - | - | - | $7.52B | $7.50B | $11.42B | $11.48B | - | - | - | - | - | - | - | - | - | - | - |
| Sales | - | - | - | - | - | $6.53B | $9.02B | $6.57B | $7.75B | $6.34B | $8.27B | $5.98B | $7.02B | - | - | - | - | - | - | - |
| Extended Warranty | - | - | - | - | - | - | $15.00M | $44.00M | $55.00M | $228.00M | $228.00M | $59.00M | $230.00M | - | - | - | - | - | - | - |
| Services. | - | - | - | - | - | - | - | $7.37B | $7.64B | $7.70B | $-5.08B | - | - | - | - | - | - | - | - | - |
| Financing | - | - | - | - | - | - | - | - | - | - | - | $222.00M | $242.00M | - | - | - | - | - | - | - |
| Technology Support Services | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.63B |
| Products And Services Other | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $107.00M |
| Application Management Services | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.90B |
| Cloud Data Platforms | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.31B |
| Cognitive Applications | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.38B |
| Consulting Services | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.97B |
| Global Process Services | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $247.00M |
| Infrastructure And Cloud Services | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $5.07B |
| Operating Systems Software | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $364.00M |
| Systems Hardware | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.12B |
| Transaction Processing Platforms | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.59B |
| Global Financing Product | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $343.00M |
International Business Machines's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Global Technology Services (97.77%), and Global Financing (2.23%).
International Business Machines Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| E M E A | $18.49B | $23.64B | $24.44B | - | - |
| Americas | $31.67B | $31.06B | $28.30B | $34.11B | $36.27B |
| Asia Pacific | $11.70B | $11.52B | $11.60B | $15.86B | $16.43B |
| 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 | 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 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| E M E A | $4.72B | $4.31B | $5.34B | $5.64B | $6.87B | $5.56B | $5.70B | $5.52B | $7.09B | $5.48B | - | - | - | - | - | - | - | - | - | - |
| Americas | $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 | $8.51B |
| Asia Pacific | $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 | $4.04B |
| 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 Jun 24: Americas (50.60%), E M E A (29.94%), and Asia Pacific (19.46%).
International Business Machines Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| IBM | International Business Machines | $61.86B | $15.77B |
| CDW | CDW | $21.38B | $5.42B |
| CTSH | Cognizant Technology Solutions | $19.35B | $4.85B |
| FISV | Fiserv | $19.09B | $5.11B |
| INFY | Infosys | $18.56B | $4.57B |
| KD | Kyndryl | $17.03B | $4.07B |
| DXC | DXC | $13.67B | $3.24B |
| IT | Gartner | $5.91B | $1.60B |
| EPAM | EPAM Systems | $4.69B | $1.15B |
| CNDT | Conduent | $3.72B | $921.00M |
| JKHY | Jack Henry & Associates | $2.20B | $537.72M |
| CYXT | Cyxtera | $746.00M | $196.70M |
| NOTE | FiscalNote | $132.65M | $29.25M |
| INOD | Innodata | $86.78M | $32.55M |
| FIS | Fidelity National Information Services | - | $2.49B |
| 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 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). The company'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). IBM's quarterly revenue for Q4 2023 was $17.38B, a 17.81% increase from the previous quarter (Q3 2023), and a 4.13% increase year-over-year (Q4 2022).
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 Software, Global Financing, Infrastructure, and Consulting. Software generated $22.48B in revenue, accounting 47.73% of the company's total revenue Global Financing generated $680M in revenue, accounting 1.44% of the company's total revenue 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
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.