International Business Machines (IBM) Revenue — Quarter Ended Jun 30, 2025
Revenue increased in the current quarter. The sequential change was positive, and the year-over-year comparison also showed an improvement.
Key takeaway
Quarter ended Jun 30, 2025 · FY2025 Q2
Revenue increased in the current quarter. The sequential change was positive, and the year-over-year comparison also showed an improvement.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$17B
Revenue reported for this quarter.
Quarter-over-quarter
+16.8%
Change from the immediately preceding quarter.
Year-over-year
+7.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$64B
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 |
|---|---|---|
| Sep 30, 2024 | $15B | +1.5% |
| Dec 31, 2024 | $17.6B | +1.0% |
| Mar 31, 2025 | $14.5B | +0.5% |
| Jun 30, 2025 | $17B | +7.7% |
Revenue performance
Revenue reached seventeen billion dollars, rising from the prior quarter and from the same quarter a year ago. Both the sequential and year-over-year growth rates were in positive territory.
Quarterly comparison
Compared with the immediately preceding quarter, revenue increased more than sixteen percent. Relative to the same quarter one year earlier, revenue increased nearly eight percent.
What to watch
The company noted that debt levels rose during the period, driven by debt issuances, which may warrant monitoring of future leverage.