International Business Machines (IBM) Revenue — Quarter Ended Mar 31, 2025
Revenue for the quarter fell compared to the prior quarter. It was modestly higher than the same quarter a year ago.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue for the quarter fell compared to the prior quarter. It was modestly higher than the same quarter a year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$14.5B
Revenue reported for this quarter.
Quarter-over-quarter
-17.2%
Change from the immediately preceding quarter.
Year-over-year
+0.5%
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 |
|---|---|---|
| Jun 30, 2024 | $15.8B | +1.9% |
| Sep 30, 2024 | $15B | +1.5% |
| Dec 31, 2024 | $17.6B | +1.0% |
| Mar 31, 2025 | $14.5B | +0.5% |
Revenue performance
The reported revenue reflects a sequential decrease, while maintaining a small year-over-year gain.
Quarterly comparison
Compared to the prior quarter, revenue dropped significantly. Versus the year-ago quarter, revenue increased marginally.
What to watch
The steep sequential decline contrasts with the narrow annual increase, indicating a notable shift in quarterly performance.