IBM(IBM) - 2025 Q2 - Quarterly Results

Exhibit 99.1 IBM RELEASES SECOND-QUARTER RESULTS Results led by Software and Infrastructure revenue growth; Strong margin expansion; Raises outlook for profit and free cash flow ARMONK, N.Y., July 23, 2025 . . . IBM (NYSE: IBM) today announced second-quarter 2025 earnings results. "We once again exceeded expectations for revenue, profit and free cash flow in the quarter. IBM remains highly differentiated in the market because of our deep innovation and domain expertise, both crucial in helping clients deplo ...