IBM Q1 2025 profit report

IBM Better profits and revenues were reported to be better than expected for the first quarter on Wednesday. The stock fell 3 % in extended trading.

Here is the way the company leads:

• Arrow’s profits: $ 1.60 rate for $ 1.40 expected
• profit: 14.54 billion dollars for $ 14.4 billion expected

Revenue increased by 0.6 % in a quarter of $ 14.5 billion in the previous year, according to statement. The net income fell to $ 1.06 billion, or $ 1.12 per share, from 1.61 billion dollars, or $ 1.72 per share, in the same quarter of last year.

For 2025, IBM has repeated her expectations of $ 13.5 billion in free cash flow and 5 % growth growth in a fixed currency. The administration called for 16.4 billion dollars to $ 16.75 billion of the second -quarter revenue. Mid -scale, $ 16.58 billion, on the consensus of LSEG of $ 16.33 billion.

“We are still optimistic about long -term growth opportunities for technology and global economy,” Erind Krishna, CEO of IBM said in the statement. “While the macroeconomic environment is fluid, based on what we know today, we maintain our expectations throughout the full year for the growth of revenues and free cash flow.”

In the first quarter, software revenues increased by 7 % to $ 6.34 billion, in line with the consensus between the analysts surveyed.

The IBM Consulting Unit contributed $ 5.07 billion in revenue, which decreased by 2 % and slightly higher than the street consensus of $ 5.05 billion.

The company’s infrastructure department, which includes central computers, recorded a 6 % decrease in revenue to $ 2.89 billion, which is higher than a consensus of $ 2.76 billion. Earlier this month, IBM foot Z17 Central. In general, the growth of infrastructure revenue ends, as customers adopt the next generation and then drifted late in the cycle.

During the first quarter, IBM said it was Her lawsuits settled With the manufacturer of chips Globalfonalross. IBM also closed 6.4 billion dollars in acquisition From HashicorP Software Maker Hashicorp and Plans announced To purchase Datastax, start a data storage program for unannounced terms.

IBM was superior this year, as the broader market was sold due to concerns about President Donald Trump’s definitions and its potential impact on the economy. As of the closure of Wednesday, IBM shares increased by 11 %, while the Nasdaq Stock Exchange decreased by approximately 14 %.

Executive officials will discuss the results with analysts in a collective call starting at 5 pm Easter.

This is urgent news. Please check again for updates.

He watches: Krishna, CEO of IBM, says that the uncertainty is that the market is “short -term”