The above graph represents the IBM revenue by quarter, starting from fiscal Q1 2005 to the recently completed quarter. Surprisingly, the company’s global revenue declined YoY for the second quarter in a row. IBM global revenue declined a 5.42% YoY in Q2 2020, to $18,123 million. However, it’s nearly 3.14% increase from the previous quarter when the company reported $17,571 million in revenue worldwide.
Growth in IBM Quarterly Revenue
|Source||IBM SEC Filings|
|Note||IBM fiscal year starts from January|
In fiscal Q4 2011, the company reported its highest-ever quarterly revenue of $29,486 million, worldwide, with 1.6% YoY growth.
It is important to note that from Q2 2012 to Q4 2017, IBM had been registering year-over-year decline in its quarterly revenue. The biggest YoY in revenue was reported in Q2 2015; the quarterly revenue declined a notable 14.57%, from $24,364 million in Q2 2014 to $20,813 million in Q2 2015.
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