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The above graph represents the IBM quarterly revenue by type, starting from fiscal Q1 2005 to the recently completed quarter. IBM’s total revenue in Q1 2020 declined a notable 19.3% QoQ and 3.4% YoY, to $17,571 million. A whopping 64.7% of that came from the company’s service business. IBM Services revenue declined a notable 8.45% YoY, from just $12,423 million in Q1 2019 to $11,373 million in Q1 2020.
| Region | Worldwide |
| Source | IBM SEC Filings |
| Graph ID | 887 |
| Note | IBM fiscal year starts from January |
On the other hand, IBM sales revenue increased an appreciable 10.1% YoY in Q1 2020, to $5,895 million. However, when compared to previous quarter, the company reported a huge 43.6% decline in its sales revenue.
IBM financing revenue also declined a notable 25.3% YoY and 0.66% QoQ during the first quarter of 2020, to $302 million.
The above graph is a part of Dazeinfo GraphFarm – the most trusted source of hundreds of thousands of market graphs. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation.
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