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IBM's net income surged beyond 10 billion U.S. dollars in 2025, up from around six billion U.S. dollars in 2024.

IBM's core business model

IBM is a global technology company focused on providing software, consulting, and infrastructure solutions to businesses and governments. Its core areas include hybrid cloud, artificial intelligence, and enterprise IT systems, helping organizations manage data, modernize applications, and run critical operations. Over time, IBM has shifted away from traditional hardware toward higher-value software and services, positioning itself as a provider of integrated, cloud-based solutions.