IBM
IBM (IBM)
NYSE
$288.35+$0.79 (+0.27%)
Price as of Jul 13, 2026 7:42 PM EDT
  • $270.3B
    Market Cap
  • 3.99%
    1-Year Change
  • Information Technology Services
    Industry
Annual
Quarterly
12/31/2025
12/31/2024
12/31/2023
12/31/2022
Income Statement
Total Operating Revenue
30.7B
-51.06%
62.8B
+1.44%
61.9B
+2.20%
60.5B
+5.54%
Cost of Revenue
21.0B
-22.89%
27.2B
-1.30%
27.6B
-1.01%
27.8B
+7.64%
Gross Profit
39.3B
+10.54%
35.6B
+3.65%
34.3B
+4.93%
32.7B
+3.81%
Sales and Marketing Expense
20.1B
+2.21%
19.7B
+3.60%
19.0B
+2.12%
18.6B
-0.73%
Research and Development Expense
-8.3B
+11.19%
-7.5B
+10.39%
-6.8B
+3.17%
-6.6B
+1.22%
Depreciation and Amortization Expense
2.7B
+9.52%
2.5B
+9.27%
2.3B
-4.51%
2.4B
-5.30%
Total Operating Expenses
20.1B
+2.21%
19.7B
+3.60%
19.0B
+2.12%
18.6B
-0.73%
Operating Profit
10.3B
+78.16%
5.8B
-33.29%
8.7B
+651.73%
1.2B
-76.10%
Interest Income
645.0M
-13.65%
747.0M
+11.49%
670.0M
+313.58%
162.0M
-74.20%
Interest Expense
-1.9B
+13.03%
-1.7B
+6.53%
-1.6B
+32.15%
-1.2B
+5.28%
Interest Income and Expense and Net
-1.3B
+33.68%
-965.0M
+2.99%
-937.0M
-11.10%
-1.1B
+100.00%
Total Nonoperating Income and Expense
1.9B
+13.03%
1.7B
+6.53%
1.6B
+32.15%
1.2B
+5.28%
Income before Taxes
10.3B
+78.16%
5.8B
-33.29%
8.7B
+651.73%
1.2B
-76.10%
Income Taxes
-242.0M
+11.01%
-218.0M
-118.54%
1.2B
+287.86%
-626.0M
-604.84%
Extraordinary Items
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Net Income
10.6B
+75.88%
6.0B
-19.71%
7.5B
+357.72%
1.6B
-71.46%
Net Income from Continuing Operations Applicable to Common
10.6B
+75.74%
6.0B
-19.95%
7.5B
+321.42%
1.8B
-62.16%
Basic EPS and Net Income
11.36
+73.97%
6.53
-20.66%
8.23
+352.20%
1.82
-71.61%
Diluted EPS and Net Income
11.17
+73.72%
6.43
-21.01%
8.14
+352.22%
1.80
-71.65%
Basic Weighted Average Shares
932.3M
+1.14%
921.8M
+1.16%
911.2M
+0.95%
902.7M
+0.74%
Diluted Weighted Average Shares
948.7M
+1.23%
937.2M
+1.64%
922.1M
+1.07%
912.3M
+0.84%
Balance Sheet
Cash and Cash Equivalents
13.6B
-2.58%
13.9B
+6.73%
13.1B
+65.71%
7.9B
+18.59%
Short-Term Investments
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash and Cash Equivalents and Short-Term Investments
13.6B
-2.58%
13.9B
+6.73%
13.1B
+65.71%
7.9B
+18.59%
Total Current Assets
36.9B
+7.14%
34.5B
+4.78%
32.9B
+13.02%
29.1B
-1.43%
Accumulated Depreciation
12.0B
+0.13%
12.0B
-5.25%
12.6B
-5.54%
13.4B
-7.15%
Property and Plant and Equipment and Net
5.9B
+2.93%
5.7B
+4.18%
5.5B
+3.13%
5.3B
-6.32%
Total Long-Term Assets
N/A
N/A
3.6B
+2.36%
3.6B
-33.20%
5.3B
-6.32%
Total Assets
151.9B
+10.72%
137.2B
+1.43%
135.2B
+6.29%
127.2B
-3.60%
Income Taxes Payable
2.3B
+15.45%
2.0B
-10.44%
2.3B
+3.37%
2.2B
-4.06%
Total Short-Term Debt
6.4B
+26.23%
5.1B
-20.81%
6.4B
+35.00%
4.8B
-29.87%
Total Current Liabilities
38.7B
+16.64%
33.1B
-2.87%
34.1B
+8.31%
31.5B
-6.29%
Total Long-Term Debt
54.8B
+9.93%
49.9B
-0.47%
50.1B
+8.51%
46.2B
+2.83%
Total Long-Term Liabilities
9.8B
-11.21%
11.0B
-3.72%
11.5B
-6.27%
12.2B
-12.53%
Total Liabilities
119.1B
+8.52%
109.8B
-2.53%
112.6B
+7.04%
105.2B
-6.89%
Retained Earnings
155.6B
+2.97%
151.2B
-0.07%
151.3B
+0.97%
149.8B
-2.84%
Total Stockholders Equity
32.6B
+19.56%
27.3B
+21.19%
22.5B
+2.68%
21.9B
+16.10%
Total Shares Outstanding
2.3B
+0.50%
2.3B
+0.54%
2.3B
+0.43%
2.3B
+0.38%
Cash Flow
Cash from Operating Activities
13.2B
-1.87%
13.4B
-3.49%
13.9B
+33.50%
10.4B
-18.45%
Capital Expenditures
1.1B
+4.10%
1.0B
-15.82%
1.2B
-7.50%
1.3B
-34.72%
Cash from Investing Activities
-10.3B
+108.67%
-4.9B
-30.17%
-7.1B
+68.25%
-4.2B
-29.67%
Dividends Paid
6.3B
+1.76%
6.1B
+1.77%
6.0B
+1.55%
5.9B
+1.35%
Cash from Financing Activities
-3.8B
-45.91%
-7.1B
+300.17%
-1.8B
-64.32%
-5.0B
-62.87%
Financials Ratio
Gross Margin
31.71%
-44.03%
56.65%
+2.18%
55.45%
+2.68%
54.00%
-1.63%
Operating Margin
33.63%
+264.01%
9.24%
-34.24%
14.05%
+635.56%
1.91%
-77.36%
Return on Assets
7.33%
+65.75%
4.42%
-22.64%
5.72%
+352.09%
1.26%
-68.30%
Return on Equity
35.34%
+46.20%
24.17%
-28.35%
33.73%
+320.34%
8.03%
-72.40%
Revenue Growth
-51.06%
-3,636.69%
1.44%
-34.30%
2.20%
-60.37%
5.54%
+125.09%
Current Ratio
0.96
-8.14%
1.04
+7.88%
0.96
+4.35%
0.92
+5.19%
Cash Ratio
0.35
-16.47%
0.42
+9.87%
0.38
+53.02%
0.25
+26.54%
Debt-to-Equity Ratio
1.88
-6.79%
2.01
-19.78%
2.51
+8.08%
2.32
-15.12%
Debt-to-Assets Ratio
0.40
+0.62%
0.40
-4.14%
0.42
+4.42%
0.40
+2.22%

Earnings & Revenue History

Debt-to-Assets

Cash Flow