IBM Q2 2026 Earnings — Income Statement Breakdown
For its Q2 2026 period (ending 2026-06-30), IBM reported revenue of $17.2B, gross profit of $9.9B (57.7% gross margin), operating income of $2.6B, and net income of $2.2B (12.6% net margin). The flow of revenue into costs and profit is visualized below.
What changed
IBM was profitable; no comparable cached period is available.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | Not available | Not available | Not available |
Consensus estimate data is not available for this report.
IBM Q2 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $17.2B | 100% |
| Cost of Revenue | −$7.3B | 42.3% |
| Gross Profit | $9.9B | 57.7% |
| Research & Development | −$2.3B | 13.5% |
| Selling, General & Administrative | −$5.0B | 29.0% |
| Operating Income | $2.6B | 15.2% |
| Interest Expense | −$486M | 2.8% |
| Other Income, net | $351M | 2.0% |
| Income Tax Expense | −$313M | 1.8% |
| Net Income | $2.2B | 12.6% |
Source: original SEC filing (filed 2026-07-22). Accession 0000051143-26-000077. Data normalized by EarningsFyi.