International Business Machines (IBM) Revenue — Quarter Ended Dec 31, 2024
Revenue in the reported quarter increased compared to the prior quarter. Revenue also rose relative to the same quarter one year earlier.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue in the reported quarter increased compared to the prior quarter. Revenue also rose relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$17.6B
Revenue reported for this quarter.
Quarter-over-quarter
+17.3%
Change from the immediately preceding quarter.
Year-over-year
+1.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$62.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $14.5B | +1.5% |
| Jun 30, 2024 | $15.8B | +1.9% |
| Sep 30, 2024 | $15B | +1.5% |
| Dec 31, 2024 | $17.6B | +1.0% |
Revenue performance
The quarter's revenue grew, continuing the upward trajectory seen throughout the fiscal year.
Quarterly comparison
Compared with the immediately preceding quarter, revenue showed an increase. Against the same quarter one year ago, revenue was also higher.
What to watch
The filing provides no specific management commentary on the drivers of the quarter's revenue change beyond standard business, risk, and discussion sections.