IBM Q3 FY26: 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
- Jul 1 – Sep 30, 2026
- Reported
- Oct 22, 2026
Revenue$17.10B
+5% year over year
Gross profit$9.71B
57% margin
Operating profit$2.72B
16% margin
Net profit$2.19B
13% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 17.10 | 100% | +5% |
| Product | 8.91 | 52% | +6% |
| Technology service | 8.00 | 47% | +4% |
| Financial service | 0.19 | 1% | −4% |
| Cost of revenue | −7.39 | 43% | |
| Gross profit | 9.71 | 57% margin | −1pp |
| R&D | −2.38 | 14% | +1pp |
| SG&A | −4.62 | 27% | −2pp |
| Operating profit | 2.72 | 16% margin | |
| Interest & other costs | −0.23 | ||
| Tax | −0.30 | ||
| Net profit | 2.19 | 13% margin | +2pp |
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