| Income statement (USD) | Q2 2026 ended Jun 30, 2026 | Q1 2026 ended Mar 31, 2026 | Q4 2025 ended Dec 31, 2025 | Q3 2025 ended Sep 30, 2025 | Q2 2025 ended Jun 30, 2025 | Q1 2025 ended Mar 31, 2025 | Q4 2024 ended Dec 31, 2024 | Q3 2024 ended Sep 30, 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 17.16B | 15.92B | 19.69B | 16.33B | 16.98B | 14.54B | 17.55B | 14.97B |
| Cost of revenue | 7.25B | 6.97B | 7.76B | 6.97B | 7.00B | 6.51B | 7.11B | 6.55B |
| Gross profit | 9.91B | 8.95B | 11.93B | 9.36B | 9.98B | 8.03B | 10.44B | 8.42B |
| Research and development | 2.31B | 2.17B | 2.19B | 2.08B | 2.10B | 1.95B | 1.97B | 1.88B |
| Selling, general and admin | 4.98B | 5.09B | 5.46B | 4.75B | 5.03B | 4.89B | 4.87B | 4.91B |
| Interest expense | 486.00M | 473.00M | 478.00M | 492.00M | 510.00M | 455.00M | 424.00M | 429.00M |
| Income before tax | 2.48B | 1.39B | 4.14B | 2.43B | 2.60B | 1.16B | 3.31B | -802.00M |
| Income tax | 313.00M | 172.00M | -1.44B | 686.00M | 404.00M | 103.00M | 379.00M | -485.00M |
| Net income | 2.17B | 1.22B | 5.60B | 1.74B | 2.19B | 1.05B | 2.91B | -330.00M |
| EPS | 2.30 | 1.30 | 6.00 | 1.87 | 2.36 | 1.14 | 3.15 | -0.36 |
| EPS (diluted) | 2.27 | 1.28 | 5.90 | 1.84 | 2.31 | 1.12 | 3.11 | -0.36 |
| Diluted shares | 953.26M | 952.13M | 1.25M | 948.93M | 947.96M | 945.37M | 1.74M | 923.58M |
| Dividends per share | 1.69 | 1.68 | 1.68 | 1.68 | 1.68 | 1.67 | 1.67 | 1.67 |
From IBM's 10-K and 10-Q filings with the SEC. Fourth quarters, and quarters where the company only reported year-to-date totals, are worked out by subtracting the earlier quarters. Fiscal years are the company's own, so they may not match the calendar. A blank cell means the company did not report that line. New to this? Read income statement or reading a 10-K.
Revenue, earnings, margins and balance sheet trends drawn by TradingView from its own data, so figures can differ slightly from the SEC table above.