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International Business Machines Corporation  (IBM)
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    Sector  Technology    Industry Computer Hardware
   Industry Computer Hardware
   Sector  Technology
 

IBM's Revenue Growth by Quarter and Year

International Business Machines's Revenue results by quarter and year




IBM Revenue (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
IV Quarter December - 17,381.00 16,691.00 16,700.00
III Quarter September - 14,752.00 14,107.00 17,618.00
II Quarter June 15,770.00 15,475.00 15,535.00 18,745.00
I Quarter March 14,462.00 14,252.00 14,197.00 17,730.00
FY   30,232.00 61,860.00 60,530.00 70,793.00



IBM Revenue second quarter 2024 Y/Y Growth Comment
International Business Machines Corporation achieved in the second quarter 2024, above Company average Revenue improvement of 1.91% year on year, to $ 15,770.00 millions.

According to the results reported in the second quarter 2024, International Business Machines Corporation achieved the best Revenue growth in Computer Hardware industry. While International Business Machines Corporation' s Revenue increase of 1.91% ranks overall at the positon no. 265 in the second quarter 2024.




IBM Revenue ( Y/Y Growth %) 2024
2023 2022 2021
IV Quarter December - 4.13 % -0.05 % -18 %
III Quarter September - 4.57 % -19.93 % 0.33 %
II Quarter June 1.91 % -0.39 % -17.12 % 3.43 %
I Quarter March 1.47 % 0.39 % -19.93 % 0.9 %
FY   - 2.2 % -14.5 % -3.84 %

Financial Statements
International Business Machines's second quarter 2024 Revenue $ 15,770.00 millions IBM's Income Statement
International Business Machines's second quarter 2023 Revenue $ 15,475.00 millions Quarterly IBM's Income Statement
New: More IBM's historic Revenue Growth >>


IBM Revenue (Quarter on Quarter Growth %)

2024
2023 2022 2021
IV Quarter December - 17.82 % 18.32 % -5.21 %
III Quarter September - -4.67 % -9.19 % -6.01 %
II Quarter June 9.04 % 8.58 % 9.42 % 5.72 %
I Quarter March -16.79 % -14.61 % -14.99 % -12.94 %
FY (Year on Year)   - 2.2 % -14.5 % -3.84 %




Revenue second quarter 2024 Y/Y Growth Company Ranking
Within: No.
Computer Hardware Industry #1
Technology Sector #36
Overall #265

Revenue Y/Y Growth Statistics
High Average Low
10.17 % -1.71 % -18.69 %
(June 30, 2008)   (Sep 30 2022)
Revenue second quarter 2024 Y/Y Growth Company Ranking
Within: No.
Computer Hardware Industry #1
Technology Sector #36
Overall #265
Revenue Y/Y Growth Statistics
High Average Low
10.17 % -1.71 % -18.69 %
(June 30, 2008)   (Sep 30 2022)

Revenue by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

International Business Machines's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
20.79 % 0.46 % -20.12 %
(Dec 31 2019)  


IBM's II. Quarter Q/Q Revenue Comment
International Business Machines Corporation achieved in the II. Quarter 2024 above company average sequential Revenue increase of 9.04%, to $ 15,770.00 millions, from $14,462.00 millions in the first quarter.
International Business Machines is undergoing a remarkable growth, with reporting higher then normal growth, and also accelerating speed, Ines Conti, a business expert from Milan said.

Within Computer Hardware industry International Business Machines Corporation achieved highest sequential Revenue growth. While International Business Machines's Revenue growth quarter on quarter, overall rank is 115.


Revenue Q/Q Growth Company Ranking
Within: No.
Computer Hardware Industry #1
Technology Sector #17
Overall #115
Revenue Q/Q Growth Company Ranking
Within: No.
Computer Hardware Industry #1
Technology Sector #17
Overall #115
Revenue Q/Q Growth Statistics
High Average Low
20.79 % 0.46 % -20.12 %
(Dec 31 2019)  


IBM's II. Quarter Q/Q Revenue Comment
International Business Machines Corporation achieved in the II. Quarter 2024 above company average sequential Revenue increase of 9.04%, to $ 15,770.00 millions, from $14,462.00 millions in the first quarter.
Computer Hardware company is impressively improving, not just claiming better then normal growth, but also increasing speed, Ines Conti, a business expert from Milan mentioned.

Within Computer Hardware industry International Business Machines Corporation achieved highest sequential Revenue growth. While International Business Machines's Revenue growth quarter on quarter, overall rank is 115.


International Business Machines's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Jun 30 2024)
12 Months Ending
(Mar 31 2024)
12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
Cumulative Revenue 12 Months Ending $ 62,365.00 $ 62,070.00 $ 61,860.00 $ 61,170.00 $ 60,525.00
Y / Y Revenue Growth (TTM) 3.04 % 2.45 % 2.2 % 1.04 % -5.5 %
Year on Year Revenue Growth Overall Ranking # 318 # 350 # 1209 # 2737 # 153
Seqeuential Revenue Change (TTM) 0.48 % 0.34 % 1.13 % 1.07 % -0.1 %
Seq. Revenue Growth (TTM) Overall Ranking # 1473 # 1497 # 868 # 2512 # 135




Cumulative Revenue growth Comment
International Business Machines saw improvement in Revenue growth trend, posting cumulative 12 months Revenue growth of 3.04% year on year, to $ 62,365 millions if the fiscal year would have ended in Jun 30 2024.
International Business Machines's trailing twelve months Revenue growth was higher than company's average -1.71% and higher than 2.45% growth in Mar 31 2024.
But from the previous reporting period rise was beneth at 0.48 % from $62070 millions recorded in the period from Mar 31 2024 to Jun 30 2023 Ines Conti went on.
Yet this was evidence of positive momentum, as the average sequential growth stands at -1.71%.
The growth was even more impressive sequentially showed at 0.48 % rise from $62070 millions in twelve months ending a quarter Mar 31 2024.

In the Technology sector 36 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 318, from total ranking in previous quarter at 350.

Revenue TTM Q/Q Growth Statistics
High Average Low
10.17 %
-1.71 %
-18.69 %
 

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Computer Hardware Industry # 3
Technology Sector # 37
Overall # 318

Revenue TTM Y/Y Growth Statistics
High Average Low
10.17 %
-1.71 %
-18.69 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 3
Sector # 222
S&P 500 # 1473
Cumulative Revenue growth Comment
International Business Machines saw improvement in Revenue growth trend, posting cumulative 12 months Revenue growth of 3.04% year on year, to $ 62,365 millions if the fiscal year would have ended in Jun 30 2024.
International Business Machines's trailing twelve months Revenue growth was higher than company's average -1.71% and higher than 2.45% growth in Mar 31 2024.
But from twelve months ended Mar 31 2024 increase was slower at 0.48 % from $62070 millions reported in twelve months ending a quarter before Ines Conti added on.
In spite of, this was evidence of positive momentum, as the typical Q/Q TTM Revenue advancement lays at -1.71%.
The momentum is even higher from twelve months ended Mar 31 2024 exhibited at 0.48 % jump from $62070 millions in twelve months ending a quarter before.

In the Technology sector 36 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 318, from total ranking in previous quarter at 350.

Revenue TTM Q/Q Growth Statistics
High Average Low
10.17 %
-1.71 %
-18.69 %
 


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Computer Hardware Industry # 3
Technology Sector # 37
Overall # 318

Revenue TTM Y/Y Growth Statistics
High Average Low
10.17 %
-1.71 %
-18.69 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 3
Sector # 222
S&P 500 # 1473




Other Revenue Growth
Computer Hardware Industry Revenue Growth Trends and Statistics
Technology Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
IBM's Revenue Growth Ratio versus Computer Hardware Industry, Technology Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth
Revenue Growth for IBM's Competitors
Revenue Growth for International Business Machines's Suppliers
Revenue Growth for IBM's Customers

You may also want to know
IBM's Annual Growth Rates IBM's Profitability Ratios IBM's Asset Turnover Ratio IBM's Dividend Growth
IBM's Roe IBM's Valuation Ratios IBM's Financial Strength Ratios IBM's Dividend Payout Ratio
IBM's Roa IBM's Inventory Turnover Ratio IBM's Growth Rates IBM's Dividend Comparisons



Companies with similar Revenue increase for the quarter ending Jun 30 2024 within Technology SectorY/Y Change %Revenue for the quarter ending Jun 30 2024
Premier inc 3.31%$ 3.315 millions
Certara Inc 3.17%$ 3.165 millions
Trimas Corporation3.13%$ 3.135 millions
Bigbear ai Holdings Inc 2.90%$ 2.898 millions
Crawford United Corp2.57%$ 2.567 millions
Pitney Bowes Inc2.15%$ 2.149 millions
Gen Digital Inc 2.01%$ 2.008 millions
Dropbox Inc 1.94%$ 1.944 millions
International Business Machines Corporation1.91%$ 1.906 millions
Diebold Nixdorf Incorporated1.90%$ 1.898 millions
Vimeo Inc 1.83%$ 1.829 millions
Bridgeline Digital Inc 1.73%$ 1.729 millions
Fortive Corporation1.70%$ 1.697 millions
Marketwise Inc 1.35%$ 1.353 millions
Alpha And Omega Semiconductor Limited1.06%$ 1.056 millions
Egain Corporation0.97%$ 0.970 millions




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