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“We exited 2024 at $3.5 billion of annual run rate savings achieved and we now believe we can achieve approximately $4.5 billion in annual run rate savings by the end of 2025.”
Senior Vice President and Chief Financial Officer, IBM
Said Jul 23, 2025Deadline Dec 31, 2025IBM 2Q25 Earnings Prepared Remarks, second-quarter 2025 earnings call, July 23, 2025 (Form 8-K Exhibit 99.1)
IBM's 4Q25 earnings prepared remarks (January 28, 2026) state the company exited 2025 with $4.5 billion of annual run-rate productivity savings, hitting the target exactly, and raised the goal to $5.5 billion by the end of 2026.