IBM IBM

Q3 2025 10-Q
Filed: Oct 23, 2025Period ending Sep 30, 2025
Industrials
Computer & office EquipmentSEC EDGAR

IBM (IBM) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Oct 23, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

AI Filing Analysis
Q3 2025 10-Q

Management Discussion & Analysis

  • Revenue $16.3B, up 9.1% YoY ($14.97B prior year); growth driven by Software +10.5% and Infrastructure +17.0%
  • Income from continuing operations margin 10.7% vs (2.1)% YoY; Operating (non-GAAP) net income margin 15.4% vs 14.4%
+3 more insights

Risk Factors

  • Section 'risk_factors' was empty or not found.

Quarterly Financial Summary
XBRL

Revenue

$16.3B

+9.1% YoY -3.8% QoQ

Net Income

$1.7B

+628.5% YoY -20.5% QoQ

Gross Margin

57.3%

+107bp YoY -144bp QoQ

Net Margin

10.7%

+1288bp YoY -224bp QoQ

ROE

6.2%

Total Assets

$146.3B

EPS (Diluted)

$1.84

+611.1% YoY -20.3% QoQ

Operating Cash Flow

$3.1B

+7.0% YoY +81.2% QoQ

Source: XBRL data from IBM Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

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