IBM delivered a strong fourth quarter in 2025, with revenue reaching $19.7 billion, up 12% year-over-year, and diluted EPS of $5.86. The company saw robust performance in Software and Infrastructure segments, both achieving double-digit growth. Full-year results also showed significant increases in revenue, profit, and free cash flow, with generative AI bookings exceeding $12.5 billion.

IBM delivered a robust third-quarter performance in 2025, with total revenue reaching $16.331 billion, a 9% increase year-over-year. The company reported GAAP diluted EPS of $1.84 and non-GAAP diluted EPS of $2.65, alongside a net income of $1.744 billion. All segments showed accelerated growth, contributing to strong free cash flow and an increased full-year outlook.

IBM exceeded expectations in Q2 2025 with robust revenue growth, margin expansion, and strong free cash flow, boosted by accelerating generative AI demand.

IBM exceeded expectations in Q1 2025 with strong revenue, high free cash flow, and continued momentum in generative AI demand.

IBM's Q4 2024 results showed revenue of $17.6 billion, up 1 percent, with Software revenue up 10 percent. The company's generative AI book of business reached over $5 billion inception-to-date, with a strong free cash flow of $6.2 billion for the quarter. IBM expects revenue growth of at least 5 percent and free cash flow of about $13.5 billion for 2025.

IBM's third-quarter 2024 results showed strong performance, led by double-digit growth in Software. The company's generative AI book of business now exceeds $3 billion, and they are confident in achieving over $12 billion in free cash flow for the year.

IBM reported a strong second quarter, exceeding expectations with growth in both revenue and free cash flow. The company's focus on enterprise AI and generative AI, with the watsonx platform, has contributed to a growing book of business. IBM is raising its full-year free cash flow outlook to more than $12 billion.

IBM's first-quarter results showed solid revenue and free cash flow growth, driven by its hybrid cloud and AI strategy. The company's book of business for watsonx and generative AI has surpassed $1 billion since its launch in mid-2023. IBM also announced its intent to acquire HashiCorp to strengthen its position in the hybrid cloud and AI landscape.

IBM reported a solid Q4 2023 with revenue up 4% to $17.4 billion. The company's growth was broad-based across all segments, driven by hybrid cloud and AI offerings. IBM exceeded its free cash flow objective for the year and expects revenue performance in line with its mid-single digit model and about $12 billion in free cash flow for 2024.

IBM reported a 4.6% increase in revenue to $14.8 billion, led by Software and Consulting. The company's focus on fundamentals drove profit margin expansion and strong cash generation. IBM remains confident in its revenue and free cash flow growth expectations for the full year.

IBM reported second-quarter revenue of $15.5 billion, a slight decrease of 0.4 percent year-over-year, but up 0.4 percent at constant currency. The company saw growth in software and consulting, with software revenue up 7 percent and consulting revenue up 4 percent. IBM continues to expect constant currency revenue growth of three percent to five percent and about $10.5 billion in free cash flow for the full year.

IBM released its first-quarter 2023 earnings, reporting a revenue of $14.3 billion, a 0.4% increase year-over-year (4.4% at constant currency). The company's performance was driven by growth in software and consulting, while infrastructure revenue declined. IBM reaffirmed its revenue and free cash flow growth expectations for the year.

IBM's Q4 2022 earnings revealed a flat revenue year-over-year, but grew 6% at constant currency, reaching $16.7 billion. The company's diluted EPS was $3.13, with a non-GAAP EPS of $3.60. IBM anticipates full-year revenue growth consistent with its mid-single digit model in 2023.

IBM's Q3 2022 results showed strong revenue growth, with a focus on executing its strategy. Revenue reached $14.1 billion, up 6 percent, and up 15 percent at constant currency. The company now expects full-year revenue growth above its mid-single digit model.

IBM reported a revenue of $15.5 billion, up 9 percent year-over-year, driven by strong demand for hybrid cloud and AI offerings. The company's diluted EPS was $1.61, and operating non-GAAP diluted EPS was $2.31. IBM continues to expect full-year revenue growth at the high end of its mid-single digit model and about $10 billion in consolidated free cash flow.

IBM reported first-quarter 2022 revenue of $14.2 billion, up 8 percent year-over-year (11 percent at constant currency). The growth was driven by strong performance in Software and Consulting, fueled by demand for hybrid cloud and AI solutions. The company now expects revenue growth for 2022 at the high end of its model.

IBM's Q4 2021 earnings showed revenue growth, driven by hybrid cloud adoption in software and consulting. The company expresses confidence in achieving sustained mid-single digit revenue growth and strong free cash flow in 2022.

IBM reported third-quarter results with revenue of $17.6 billion, up 0.3 percent. The company is making progress in its software and consulting businesses, which represent higher growth opportunities. IBM is confident in achieving its medium-term objectives of mid-single digit revenue growth and strong free cash flow generation.

IBM reported a 3% increase in revenue to $18.7 billion, driven by strong performance in Global Business Services and software, reflecting client adoption of the hybrid cloud platform. The company is on track to deliver full-year revenue growth and meet its cash flow objective.

IBM reported a 1% increase in revenue to $17.7 billion, driven by growth in cloud and cognitive software, systems, and global business services. The company's GAAP EPS was $1.06, and operating EPS was $1.77. IBM's cloud revenue increased by 21% to $6.5 billion, and the company generated $2.2 billion in adjusted free cash flow.

IBM reported a decrease in revenue and EPS for Q4 2020, impacted by a pre-tax charge of $2.04 billion for structural actions. However, the company saw growth in its hybrid cloud platform and an increase in gross profit margin.

IBM reported Q3 2020 earnings with a revenue of $17.6 billion, a decrease of 2.6 percent. However, the cloud business showed strong performance, with cloud revenue up 19 percent. The company also delivered gross profit margin expansion and generated solid free cash flow.

IBM's second-quarter earnings showed a revenue of $18.1 billion, a decrease of 5.4 percent. However, the company saw growth in cloud revenue, which was up 30 percent, and an increase in GAAP gross profit margin, which rose by 100 basis points. The company's operating EPS was $2.18.

IBM reported first-quarter 2020 earnings with a revenue of $17.6 billion, a decrease of 3.4 percent. The diluted EPS was $1.31, and the operating (non-GAAP) EPS was $1.84. Total cloud revenue was $5.4 billion, up 19 percent. IBM is withdrawing its full-year 2020 guidance due to the COVID-19 crisis.

IBM reported a strong end to 2019 with overall revenue growth in the fourth quarter, driven by accelerated cloud performance. The company's GAAP EPS from continuing operations was $4.11, and operating (non-GAAP) EPS was $4.71. Revenue reached $21.8 billion, up 0.1 percent, or 3 percent adjusting for divested businesses and currency. Total cloud revenue was $6.8 billion, up 21 percent.