IBM (IBM) reported $19.69 billion in revenue for the quarter ended December 2025, representing a year-over-year increase of 12.2%. EPS of $4.52 for the same period compares to $3.92 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $19.2 billion, representing a surprise of +2.53%. The company delivered an EPS surprise of +4.39%, with the consensus EPS estimate being $4.33.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how IBM performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:- Revenue- Financing: $179 million compared to the $175.71 million average estimate based on six analysts.
- Revenue- Other: $-5 million versus $32.55 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a -117.2% change.
- Revenue- Infrastructure: $5.13 billion compared to the $4.67 billion average estimate based on six analysts. The reported number represents a change of +20.6% year over year.
- Revenue- Consulting: $5.35 billion versus the six-analyst average estimate of $5.42 billion. The reported number represents a year-over-year change of +3.4%.
- Revenue- Software: $9.03 billion versus $8.89 billion estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +14% change.
- Revenue- Data: $2.1 billion compared to the $1.98 billion average estimate based on four analysts.
- Revenue- Hybrid Infrastructure: $3.8 billion versus $3.36 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +26.7% change.
- Revenue- Transaction Processing: $2.6 billion versus $2.55 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +8.3% change.
- Revenue- Automation: $2.3 billion versus the four-analyst average estimate of $2.25 billion.
- Revenue- Hybrid Cloud: $2 billion versus $2.13 billion estimated by four analysts on average.
- Revenue- Intelligent Operations: $2.4 billion versus the four-analyst average estimate of $2.45 billion.
- Revenue- Strategy and Technology: $2.9 billion compared to the $2.97 billion average estimate based on four analysts.
View all Key Company Metrics for IBM here>>>
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This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
