
IBM has reported third-quarter 2025 (Q3 2025) income of $16.3bn, reflecting a 9% year-on-year enhance, in comparison with $14.9bn in the identical interval final 12 months.
Internet earnings for the reported interval ended 30 September 2025 reached $1.7bn, in comparison with web lack of $330m within the third quarter of 2024 (Q3 2024). Gross revenue stood at $9.3bn, in comparison with $8.4bn a 12 months earlier.

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IBM generated $3.1bn in web money from working actions in Q3 2025, a rise of $200m in comparison with the identical interval of the earlier 12 months.
Free money circulation was reported at $2.4bn for the quarter, a rise of $300m over the earlier 12 months.
Phase outcomes present software program income at $7.2bn, up 10%. Hybrid cloud, together with Purple Hat, elevated by 14%.
Automation income grew by 24%, whereas information income rose 8%, and transaction processing declined 1%.
Consulting income reached $5.3bn, a 3% rise, with clever operations up 5%, and technique and know-how up 2%.
Infrastructure income totalled $3.6bn, marking a 17% acquire. This was pushed by hybrid infrastructure’s 28% enhance, together with IBM Z up 61%, and distributed infrastructure up 10%.
Money, restricted money, and marketable securities on the finish of the third quarter totalled $14.9bn. IBM’s debt reached $63.1bn, together with $11.3bn in IBM Financing debt, up $8.1bn since year-end 2024.
The corporate returned $1.6bn to shareholders via dividends within the quarter.
IBM chairman, president, and CEO Arvind Krishna mentioned: “This quarter we accelerated efficiency throughout all of our segments, and once more exceeded expectations for income, revenue and free money circulation.
“Purchasers globally proceed to leverage our know-how and area experience to drive productiveness of their operations and ship actual enterprise worth with AI.”
For the primary 9 months of 2025, web money from working actions totalled $9.2bn, matching final 12 months’s determine, whereas free money circulation reached $7.2bn, up $600m.
IBM now tasks fixed foreign money income progress above 5% for the 12 months. The forecast for full-year free money circulation is roughly $14bn.
Just lately, IBM and Groq partnered to provide companies direct entry to GroqCloud inference via the watsonx Orchestrate.

