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IBM RELEASES FOURTH-QUARTER RESULTS
IBM (NYSE: IBM) today announced fourth-quarter 2025 earnings results.
About this update from International Business Machines Corporation
[{"type":"text","content":"Strong, broad-based performance, led by double-digit Software and Infrastructure growth;Double-digit growth in full-year profit and free cash flow","length":147,"tagName":"p","attribs":{}},{"type":"text","content":"ARMONK, N.Y., Jan. 28, 2026 /PRNewswire/ -- IBM (NYSE: IBM) today announced fourth-quarter 2025 earnings results.","length":118,"tagName":"p"},{"type":"image","alt":"IBM Corporation logo. (PRNewsfoto/IBM Corporation)","displaySize":"","headline":null,"caption":"IBM Corporation logo. (PRNewsfoto/IBM Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":209,"url":"https://media.zenfs.com/en/prnewswire.com/d45a9bbcd48170552486b2c033f7ada0"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/pdW6jMcbxn1Qj2pf1R1lFA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM2ODtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/d45a9bbcd48170552486b2c033f7ada0","width":400,"height":209}},"href":"https://mma.prnewswire.com/media/2319830/IBM_LOGO_1.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""In the fourth quarter, we delivered strong revenue growth, with double-digit Software performance. Additionally, Infrastructure continued its double-digit revenue growth with the robust adoption of the next generation of our mainframe platform. Our generative AI book of business now stands at more than $12.5 billion. This capped a strong 2025 for IBM where we exceeded expectations for revenue, profit and free cash flow," said Arvind Krishna, IBM chairman, president and chief executive officer. "We enter 2026 with momentum and in a position of strength, giving us confidence in our full-year expectations of more than 5 percent constant currency revenue growth and an increase of about $1 billion in year-over-year free cash flow."","length":757,"tagName":"p"},{"type":"text","content":"Fourth-Quarter Highlights","length":25,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue- Revenue of $19.7 billion, up 12 percent, up 9 percent at constant currency- Software revenue up 14 percent, up 11 percent at constant currency- Consulting revenue up 3 percent, up 1 percent at constant currency- Infrastructure revenue up 21 percent, up 17 percent at constant currency","length":297,"tagName":"p"}]},{"val":[{"type":"text","content":"Profit- Gross Profit ...
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