International Business Machines Corp (IBM) FinancialsIBMFinancialInternational Business Machines Corp

International Business Machines Corporation (IBM) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Strategy and Technology, accounting for 18.2% of total sales, equivalent to $2.90B. Other significant revenue streams include Intelligent Operations and Hybrid Infrastructure. Understanding this composition is critical for investors evaluating how IBM navigates market cycles within the IT Services & Consulting industry.

Evaluating the bottom line, International Business Machines Corporation maintains a gross margin of 57.73%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 14.15%, while the net margin is 12.61%. These profitability ratios, combined with a Return on Equity (ROE) of 38.28%, provide a clear picture of how effectively IBM converts its operational activities into shareholder value.

In the context of the broader market, IBM competes directly with industry leaders such as FTNT and ACN. With a market capitalization of $221.96B, it holds a leading position in the sector. When comparing efficiency, IBM's gross margin of 57.73% stands against FTNT's 80.24% and ACN's 32.77%. Such benchmarking helps identify whether International Business Machines Corporation is trading at a premium or discount relative to its financial performance.

IBM's total revenue for the latest quarter (2026/Q2) was $17.16 billion, with a gross margin of 57.73%. The net income for the same period was $2.16 billion, showing a solid recovery from previous quarters.