FINHUB Insights

IBM · Q2 FY26 · Jun 30, 2026

IBM Q2 FY26: where the revenue came from and where it went

IBM Q2 FY26: revenue $17.2B (+1% year over year). Net profit $2.2B. Largest cohort Product $9B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jun 30, 2026
Reported
Jul 23, 2026 10-Q
Sankey diagram of IBM's income statement for Q2 FY26: revenue of $17.2 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$17.2B +1% year over year
Gross profit$9.9B 58% margin
Operating profit$2.6B 15% margin
Net profit$2.2B 13% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
ItemValueShare of revenueYear over year
Revenue 17.2 100% +1%
Product 9 52% −1%
Technology Service 7.9 46% +3%
Financial Service 0.2 1% +12%
Cost of revenue−7.342%
Gross profit9.958% margin−1pp
Research & development−2.313%+1pp
SG&A−529%−1pp
Operating profit2.615% margin+0pp
Tax−0.3
Interest & other costs−0.1
Net profit2.213%+0pp
Filing on EDGAR More quarters of IBM

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.

Older quarters