IBM
Hybrid cloud software and infrastructure.
Overview
IBM sells hybrid cloud software, led by Red Hat OpenShift, along with its own IBM Cloud and mainframe systems. It does not publish a revenue line for cloud infrastructure, so this site lists it without a rank.
For the third quarter of 2026 IBM reported total revenue of $17.1 billion, up 5%. Software revenue rose 8%, and within it Hybrid Cloud (Red Hat) rose 11%. Infrastructure revenue rose 4%.
Reported figures
| Rank on this site | Listed without a rank |
|---|---|
| Total revenue, Q3 2026 | $17.1 billion, up 5% IBM press release, via Finviz |
| Hybrid Cloud (Red Hat) revenue growth | Up 11% IBM press release, via Finviz |
| Parent company | International Business Machines Corporation |
| Stock listing | NYSE: IBM |
Why it has no rank
IBM is listed without a rank. IBM does not publish a cloud infrastructure revenue line. The method page explains the rule, and the ranking shows the companies that could be placed.
What it sells
- Red Hat OpenShift
- IBM Cloud
- watsonx AI platform
Official site: ibm.com/cloud. Background: Wikipedia.
Sources
- IBM press release, via Finviz. IBM Releases Third-Quarter Results. October 21, 2026.