International Business Machines (NYSE: IBM) isn't a name investors typically associate with explosive growth. Yet the 114-year-old technology stalwart just delivered one of its fastest revenue increases in recent years, powered by an increasingly potent combination of hybrid cloud infrastructure, artificial intelligence (AI)-infused software, and consulting services that few competitors can match.
The Armonk, N.Y.-based company reported 2025 third-quarter revenue of $16.3 billion on Oct. 22, up 9% year over year and 7% in constant currency. Every business segment accelerated -- software grew 10%, consulting climbed 3%, and infrastructure rocketed 17% higher. More importantly, IBM's AI book of business now exceeds $9.5 billion, underscoring how enterprises are turning to Big Blue's decades of domain expertise to navigate their digital transformations.
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Source Fool.com