IBM Mainframe Business Jumps 67%
10 days ago
- #earnings
- #financial-results
- #IBM
- IBM announced strong fourth-quarter 2025 results with revenue of $19.7 billion, up 12% year-over-year.
- Software revenue grew by 14%, Infrastructure by 21%, and Consulting by 3%.
- IBM's generative AI book of business exceeded $12.5 billion.
- Full-year 2025 revenue reached $67.5 billion, up 8%, with free cash flow of $14.7 billion.
- For 2026, IBM expects constant currency revenue growth of over 5% and a $1 billion increase in free cash flow.
- Segment highlights: Software ($9.0B, +14%), Consulting ($5.3B, +3%), Infrastructure ($5.1B, +21%).
- IBM returned $1.6 billion to shareholders via dividends in Q4 2025.
- The company ended Q4 with $14.5 billion in cash and marketable securities, while debt rose to $61.3 billion.