IBM · 10-Q · 2026Q2 · Full report

Segment Revenue Trends

INTERNATIONAL BUSINESS MACHINES CORP · 2026-07-23 · Importance 49 · Surprise 32 · No source text

IBM’s Software segment generated $14.813 billion of six-month 2026 revenue, up 7.9% year over year, supported by growth in Hybrid Cloud, Data and Automation. Consulting revenue increased 2.1% to $10.599 billion, while Infrastructure revenue increased 1.9% to $7.161 billion for the period. In the second quarter, Infrastructure revenue declined 7.4% to $3.835 billion, while Financing revenue increased 12.2%. Software segment profit increased 11.1% for the first half, and Consulting segment profit increased 7.5%, while Infrastructure segment profit increased 12.1%.

Key facts

• Software revenue for the three months ended June 30, 2026: $7,761 million, up 5.1% as reported (4.6% adjusted for currency) source
• Infrastructure revenue for the three months ended June 30, 2026: $3,835 million, decreased 7.4% as reported and adjusted for currency source
• Software revenue for the three months ended June 30, 2026: $7,761 million. source
• Consulting revenue for the three months ended June 30, 2026: $5,327 million. source
• Infrastructure revenue for the three months ended June 30, 2026: $3,835 million. source
• Software revenue year-to-year change for the three months ended June 30, 2026: 5.1%; Consulting revenue year-to-year change: 0.2%; Infrastructure revenue year-to-year change: (7.4%); Total segments revenue year-to-year change: 0.6%. source

Impact estimates