International Business Machines Corporation IBM
Revenue Intelligence Report • 70 quarters of SEC filing data • Updated 2026-03-06
International Business Machines Corporation continues to demonstrate strong revenue generation capabilities, with a latest quarterly revenue of $19.686 billion. The company's investments in research and development yield an impressive long-run return of $18.20 for every dollar spent, while selling, general, and administrative expenses generate $6.80 for each dollar invested. With a fiscal year forecast projecting $72 billion in revenue, reflecting a 6.2% year-over-year growth, IBM is well-positioned for continued financial performance despite a model accuracy of 17.5% MAPE. The recent holdout test indicates a promising trajectory, with a predicted revenue close to actual figures, suggesting effective strategic spending and revenue management.
Revenue Forecast
Quarterly Detail
| Quarter | Model Forecast | Actual | 95% Range | YoY Growth | Status |
|---|---|---|---|---|---|
| Q4 2025 | $18B | $20B | $14B – $23B | +4.3% | ✓ In range |
| Q2 2026 | $16B | $10B – $23B | +13.0% | ||
| Q3 2026 | $18B | $11B – $26B | +7.7% | ||
| Q4 2026 | $18B | $9B – $27B | +10.1% | ||
| Q1 2027 | $19B | $9B – $29B | -3.6% |
How Spending Drives Revenue
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