International Business Machines Corporation (IBM) Revenue by Segment

International Business Machines revenue by segment at a glance

In Q2 fiscal 2026 (the quarter ended June 30, 2026), International Business Machines's largest business segment was Software, with $7.76 billion or 45% of revenue, up 5.1% from a year earlier. Next: Consulting (31%), Infrastructure (22%) and Financing (1%).

By product or service, Product brought in 53%, Technology Service brought in 46% and Financial Service brought in 1% of revenue in Q2 fiscal 2026.

By region, Americas brought in 49%, EMEA brought in 33% and Asia Pacific brought in 18% of revenue in Q2 fiscal 2026.

The fastest-growing business segment from a year earlier was Software (+5.1%).

From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q3 fiscal 2017.

International Business Machines Corporation

IBMTechnology

United States

Technology

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

SoftwareConsultingInfrastructureGlobal Technology ServicesCloud & Cognitive SoftwareGlobal Business ServicesSystemsTechnology Services Cloud PlatformsOther

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before
Software	USD 7.76B	45.4%	+5.1%
Consulting	USD 5.33B	31.1%	+0.2%
Infrastructure	USD 3.83B	22.4%	-7.4%
Financing	USD 186.00M	1.1%	+12.0%

Sum of items USD 17.11B. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q3 FY18	Q2 FY18	Q1 FY18	Q4 FY17	Q3 FY17
Software	7.8B	7.1B	9.0B	7.2B	7.4B	6.3B	7.9B	6.5B	6.7B	5.9B	7.2B	5.9B	6.3B	5.9B	7.3B	5.8B	6.2B	2.1B	2.6B	5.4B	5.8B	1.7B	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Consulting	5.3B	5.3B	5.3B	5.3B	5.3B	5.1B	5.2B	5.2B	5.2B	5.2B	5.3B	5.2B	5.2B	5.0B	4.8B	4.7B	4.8B	2.1B	2.2B	4.5B	4.4B	1.7B	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Infrastructure	3.8B	3.3B	5.1B	3.6B	4.1B	2.9B	4.3B	3.0B	3.6B	3.1B	4.6B	3.3B	3.6B	3.1B	4.5B	3.4B	4.2B	672.0M	1.3B	2.9B	3.6B	837.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Global Technology Services	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6.5B	6.3B	6.5B	–	6.7B	7.1B	7.2B	7.6B	7.4B	7.5B	7.6B	–	–
Cloud & Cognitive Software	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5.6B	5.7B	5.2B	–	5.2B	6.2B	5.8B	7.0B	5.7B	6.3B	6.0B	–	–
Global Business Services	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.0B	3.9B	4.1B	–	4.2B	4.3B	4.2B	4.5B	4.2B	4.2B	4.2B	–	4.2B
Systems	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.3B	1.9B	1.4B	–	1.5B	1.9B	1.5B	2.9B	1.9B	2.4B	1.7B	–	1.9B
Technology Services Cloud Platforms	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	8.6B
Global Financing	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	273.0M	265.0M	299.0M	–	343.0M	632.0M	706.0M	773.0M	726.0M	867.0M	834.0M	–	698.0M
Cognitive Solutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5.0B
Financing	186.0M	220.0M	180.0M	200.0M	166.0M	191.0M	170.0M	181.0M	169.0M	193.0M	174.0M	186.0M	185.0M	–	–	174.0M	146.0M	–	–	184.0M	209.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Reconciling items	–	–	–	–	–	–	–	–	–	–	–	170.0M	–	169.0M	–	–	180.0M	–	–	282.0M	277.0M	–	–	–	–	–	–	–	–	–	–	493.0M	503.0M	515.0M	–	–
All other segments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	72.0M	82.0M	–	–	87.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–

International Business Machines revenue by business segment, last 4 quarters

Business segment	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Software	$7.8B	$7.1B	$7.2B	$7.4B	45%
Consulting	$5.3B	$5.3B	$5.3B	$5.3B	31%
Infrastructure	$3.8B	$3.3B	$3.6B	$4.1B	22%
Financing	$186.0M	$220.0M	$200.0M	$166.0M	1%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

International Business Machines revenue by product or service, last 4 quarters

Product or service	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Product	$9.0B	$8.0B	$8.4B	$9.1B	53%
Technology Service	$7.9B	$7.7B	$7.7B	$7.7B	46%
Financial Service	$186.0M	$220.0M	$200.0M	$166.0M	1%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

International Business Machines revenue by region, last 4 quarters

Region	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Americas	$8.4B	$7.9B	$8.1B	$8.5B	49%
EMEA	$5.6B	$5.2B	$5.3B	$5.4B	33%
Asia Pacific	$3.1B	$2.8B	$2.9B	$3.1B	18%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Questions and answers

What are International Business Machines's business segments?

Software, Consulting, Infrastructure and Financing (as reported for Q2 fiscal 2026).

Which business segment makes the most money for International Business Machines?

Software: $7.76 billion, or 45% of revenue, in Q2 fiscal 2026.

What are International Business Machines's main products and services?

By revenue in Q2 fiscal 2026: Product (53%), Technology Service (46%) and Financial Service (1%).

Where does International Business Machines make its money?

By region in Q2 fiscal 2026: Americas (49%), EMEA (33%) and Asia Pacific (18%).

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Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

SoftwareConsultingInfrastructureGlobal Technology ServicesCloud & Cognitive SoftwareGlobal Business ServicesSystemsTechnology Services Cloud PlatformsOther

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before
Software	USD 7.76B	45.4%	+5.1%
Consulting	USD 5.33B	31.1%	+0.2%
Infrastructure	USD 3.83B	22.4%	-7.4%
Financing	USD 186.00M	1.1%	+12.0%

Sum of items USD 17.11B. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q3 FY18	Q2 FY18	Q1 FY18	Q4 FY17	Q3 FY17
Software	7.8B	7.1B	9.0B	7.2B	7.4B	6.3B	7.9B	6.5B	6.7B	5.9B	7.2B	5.9B	6.3B	5.9B	7.3B	5.8B	6.2B	2.1B	2.6B	5.4B	5.8B	1.7B	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Consulting	5.3B	5.3B	5.3B	5.3B	5.3B	5.1B	5.2B	5.2B	5.2B	5.2B	5.3B	5.2B	5.2B	5.0B	4.8B	4.7B	4.8B	2.1B	2.2B	4.5B	4.4B	1.7B	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Infrastructure	3.8B	3.3B	5.1B	3.6B	4.1B	2.9B	4.3B	3.0B	3.6B	3.1B	4.6B	3.3B	3.6B	3.1B	4.5B	3.4B	4.2B	672.0M	1.3B	2.9B	3.6B	837.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Global Technology Services	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6.5B	6.3B	6.5B	–	6.7B	7.1B	7.2B	7.6B	7.4B	7.5B	7.6B	–	–
Cloud & Cognitive Software	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5.6B	5.7B	5.2B	–	5.2B	6.2B	5.8B	7.0B	5.7B	6.3B	6.0B	–	–
Global Business Services	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.0B	3.9B	4.1B	–	4.2B	4.3B	4.2B	4.5B	4.2B	4.2B	4.2B	–	4.2B
Systems	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.3B	1.9B	1.4B	–	1.5B	1.9B	1.5B	2.9B	1.9B	2.4B	1.7B	–	1.9B
Technology Services Cloud Platforms	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	8.6B
Global Financing	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	273.0M	265.0M	299.0M	–	343.0M	632.0M	706.0M	773.0M	726.0M	867.0M	834.0M	–	698.0M
Cognitive Solutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5.0B
Financing	186.0M	220.0M	180.0M	200.0M	166.0M	191.0M	170.0M	181.0M	169.0M	193.0M	174.0M	186.0M	185.0M	–	–	174.0M	146.0M	–	–	184.0M	209.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Reconciling items	–	–	–	–	–	–	–	–	–	–	–	170.0M	–	169.0M	–	–	180.0M	–	–	282.0M	277.0M	–	–	–	–	–	–	–	–	–	–	493.0M	503.0M	515.0M	–	–
All other segments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	72.0M	82.0M	–	–	87.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–