International Business Machines Corp
IBMQ2 2022(IBM Q1 FY2022)Estimated2% AI
AI Revenue %
2%
AI Fair Value
$2.1B
AI Revenue (Q)
$283.9M
Total Revenue (Q)
$14.2B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
IBM reported total revenue of $14,197M. Segments: Software $5,772M, Consulting $4,829M, Infrastructure $3,219M, Financing $154M. IBM's AI offerings in this period were legacy Watson products (Watson Assistant, Watson Discovery, Watson Studio) embedded within the Software segment's Hybrid Platform & Solutions category. No AI revenue is disclosed anywhere in the filing. IBM discusses 'hybrid cloud and AI strategy' broadly but provides no dollar figure or percentage for AI-specific revenue. Watson-branded AI products were a small, mature portion of the Software segment. Conservative estimate: ~$284M AI revenue (Watson AI products within Software, plus small AI consulting engagements). $284M / $14,197M = 2.0%.
Analyzed by claude-opus-4-6
Quoted Figures
Total revenue $14,197M; Software $5,772M, Consulting $4,829M, Infrastructure $3,219M, Financing $154M
Segment Information
Each acquisition is expected to enhance the company s portfolio of products and services capabilities and further advance IBM s hybrid cloud and AI strategy.
Acquisitions & Divestitures
AI Products Identified (Ring 1)
Watson AssistantWatson DiscoveryWatson StudioWatson Machine Learning
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Red Hat OpenShiftCloud Pak for DataIBM Consulting
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix