IBM Announces Changes to Reported Revenue Categories for 2025
ARMONK, NY – March 12, 2025 – International Business Machines Corporation (NYSE: IBM) has announced updates to its reported revenue categories within its Software and Consulting segments, effective Q1 2025. The changes aim to better align with evolving market opportunities and IBM’s strategic focus.

IBM emphasized that the updates will not impact its Consolidated Financial Statements or reportable segments but are designed to provide greater transparency and clarity in its financial reporting.

To assist investors in understanding the new structure, IBM has published recast historical segment financials for 2024 and 2023 on its Investor Relations website (www.ibm.com/investor). Additionally, IBM has provided reconciliations of non-GAAP financial measures to ensure clarity and consistency in reporting.