I
IBM
IBMUnverified4 segments tracked|4 years of data|Annual (10-K)
Total Revenue
$37.8B0.1%
FY2024
Operating Segments
4Active segments
Blended Margin
0.0%Operating margin
Highest Margin
0.0%Software
Segment Shift
Software has grown from 50.8% to 49.8% of total revenue since FY2021, with 0.0% operating margins. Meanwhile, Consulting is the fastest growing at +1.8% YoY.
Segment Revenue Over Time
Revenue Mix
Segment Breakdown — FY2024
| Segment | Revenue | Op. Income | Margin | % of Total | YoY |
|---|---|---|---|---|---|
| Software | $18.8B | $0 | 0.0% | 49.8% | +0.6% |
| Consulting | $9.3B | $0 | 0.0% | 24.7% | +1.8% |
| Infrastructure | $8.9B | $0 | 0.0% | 23.6% | -3.3% |
| Financing | $713M | $0 | 0.0% | 1.9% | -3.8% |
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