International Business Machines (IBM) Revenue — Quarter Ended Dec 31, 2025
Revenue increased in the quarter, driven by strong sequential and year-over-year gains. The company's top line grew at a robust pace compared to both the prior quarter and the same period a year earlier.
Key takeaway
Quarter ended Dec 31, 2025 · FY2025 Q4
Revenue increased in the quarter, driven by strong sequential and year-over-year gains. The company's top line grew at a robust pace compared to both the prior quarter and the same period a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$19.7B
Revenue reported for this quarter.
Quarter-over-quarter
+20.5%
Change from the immediately preceding quarter.
Year-over-year
+12.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$67.5B
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, 2025 | $14.5B | +0.5% |
| Jun 30, 2025 | $17B | +7.7% |
| Sep 30, 2025 | $16.3B | +9.1% |
| Dec 31, 2025 | $19.7B | +12.1% |
Revenue performance
The reported revenue rose sharply from the immediately preceding quarter, marking a significant sequential acceleration. Year-over-year revenue also showed solid improvement.
Quarterly comparison
Compared to the prior quarter, revenue increased by a substantial margin. Against the same quarter one year ago, revenue also grew, reflecting sustained demand.
What to watch
The year-over-year growth rate has risen sequentially across the reported quarters, ending with a strong increase.