IBM Results Presentation Deck

Non-GAAP supplemental materials Reconciliation of segment revenue performance - 3Q 2022 Software Hybrid Platform & Solutions Red Hat Automation Data & AI Security Transaction Processing Hybrid cloud revenue (TTM) 3Q22 Yr/Yr GAAP 7% 2% 12% (2%) (1%) (1%) 23% 16% @CC 14% 8% 18% 3% 4% 6% 33% 20% Consulting Business Transformation Technology Consulting Application Operations Hybrid cloud revenue (TTM) Infrastructure Hybrid Infrastructure zSystems Distributed Infrastructure Infrastructure Support Hybrid cloud revenue (TTM) 3022 Yr/Yr GAAP 5% 5% 6% 6% 21% 15% 33% 88% 13% (3%) 3% @CC 16% 14% 17% 17% 28% 23% 41% 98% 21% 5% 6% The above reconciles the non-GAAP financial information contained in the "Software", "Consulting", "Infrastructure", "Software & Infrastructure segment details", "Consulting segment details", and "Prepared remarks" discussions in the company's earnings presentation. See Exhibit 99.2 included in the company's Form 8-K dated October 19, 2022, for additional information on the use of these Non-GAAP financial measures. 26

View entire presentation