FINHUB Insights

IBM Q2 FY25: where the revenue came from and where it went

The whole income statement of IBM for this quarter, as one diagram: what earned the revenue, and what it went on.

Period
Apr 1 – Jun 30, 2025
Reported
Jul 24, 2025 10-Q accession 0000051143-25-000052

Revenue$16.98B +8% year over year
Gross profit$9.98B 59% margin
Operating profit$2.85B 17% margin
Net profit$2.19B 13% margin
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The numbers

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
ItemValueShare of revenueYear over year
Revenue 16.98 100% +8%
Product 9.13 54% +11%
Technology service 7.68 45% +4%
Financial service 0.17 1% −2%
Cost of revenue−7.0041%
Gross profit9.9859% margin+2pp
R&D−2.1012%+1pp
SG&A−5.0330%−2pp
Operating profit2.8517% margin+0pp
Interest & other costs−0.26
Tax−0.40
Net profit2.19 13% margin+1pp

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

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