International Business Machines Corporation Earnings Recaps
Q3 2025
Oct 23, 2025
IBM's third quarter 2025 demonstrated robust financial performance, with a 7% revenue growth and significant contributions from software, consulting, and infrastructure, fueled by accelerating AI adoption.
Key takeaways
- Revenue growth of 7% was the highest in several years, with all segments showing sequential acceleration.
- Software revenue grew 9%, bolstered by a 22% increase in automation solutions, highlighting AI integration.
- Infrastructure segment grew 15% due to the successful z17 launch and increasing demand for AI capabilities.
- Anticipated productivity savings doubled from the initial target to $4.5 billion, emphasizing efficiency improvements.
- The Gen AI book of business reached over $9.5 billion, driven by over 200 consulting projects utilizing digital workers at scale.