IBM - NYSE
International Business Machines Corporation
$305.63
-4.6%International Business Machines Corporation provides integrated solutions and services worldwide. The company operates through four business segments: Software, Consulting, Infrastructure, and Financing. The Software segment offers hybrid cloud platform and software solutions, such as Red Hat, an enterprise open-source solutions; software for business automation, AIOps and management, integration, and application servers; data and artificial intelligence solutions; and security software and services for threat, data, and identity. This segment also provides transaction processing software that supports clients' mission-critical and on-premise workloads in banking, airlines, and retail industries. The Consulting segment offers business transformation services, including strategy, business process design and operations, data and analytics, and system integration services; technology consulting services; and application and cloud platform services. The Infrastructure segment provides on-premises and cloud-based server and storage solutions for its clients' mission-critical and regulated workloads; and support services and solutions for hybrid cloud infrastructure, as well as remanufacturing and remarketing services for used equipment. The Financing segment offers lease, installment payment, loan financing, and short-term working capital financing services. The company was formerly known as Computing-Tabulating-Recording Co. International Business Machines Corporation was incorporated in 1911 and is headquartered in Armonk, New York.
At a Glance
Live SnapshotInternational Business Machines Corporation Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Healthy operating margins demonstrate effective cost control and strong business fundamentals.
Net Profit Margin
Strong net margins indicate efficient operations and favorable tax/interest management.
Effective Tax Rate
Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.
Profitability Insight
High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.
International Business Machines Corporation Income Statement
IBM • NYSE
| International Business Machines Corporation Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
67.5B | 62.8B | 61.9B | 60.5B | 57.4B | 55.2B | 57.7B | 79.6B | 79.1B | 79.9B | 81.7B | 92.8B | 98.4B | 102.9B | 106.9B | 99.9B | 95.8B | 103.6B | 98.8B | 91.4B | |
GROSS PROFIT | ||||||||||||||||||||
(27.4B) | (27.2B) | (27.6B) | (27.8B) | (25.9B) | (24.3B) | (26.2B) | (42.7B) | (42.2B) | (41.4B) | (41.1B) | (46.4B) | (49.7B) | (52.5B) | (56.8B) | (53.9B) | (52B) | (58B) | (57.1B) | (53.1B) | |
40.2B | 35.6B | 34.3B | 32.7B | 31.5B | 30.9B | 31.5B | 36.9B | 36.9B | 38.5B | 40.7B | 46.4B | 48.7B | 50.4B | 50.1B | 46B | 43.8B | 45.7B | 41.7B | 38.3B | |
OPERATING INCOME | ||||||||||||||||||||
(29.9B) | (25.5B) | (24.5B) | (24.5B) | (24.6B) | (26.2B) | (24B) | (23.7B) | (23.8B) | (24.9B) | (24.8B) | (27.5B) | (28.2B) | (28.2B) | (28.7B) | (26.7B) | (26.8B) | (29.7B) | (28.2B) | (26.4B) | |
(21.5B) | (17.9B) | (17.6B) | (18.6B) | (18.7B) | (20.6B) | (18.7B) | (19.4B) | (19.7B) | (20.3B) | (19.9B) | (22.5B) | (22.9B) | (23.1B) | (23.2B) | (21.5B) | (20.5B) | (22.8B) | (22.1B) | (20.3B) | |
(8.3B) | (7.5B) | (6.8B) | (6.6B) | (6.5B) | (6.3B) | (5.9B) | (5.4B) | (5.6B) | (5.7B) | (5.2B) | (5.4B) | (5.7B) | (5.8B) | (6.3B) | (6B) | (5.8B) | (6.3B) | (6.2B) | (6.1B) | |
10.3B | 10.1B | 9.8B | 8.2B | 6.9B | 4.7B | 7.5B | 13.2B | 13.1B | 14.7B | 16.5B | 20.3B | 21.5B | 23B | 21.9B | 20B | 17B | 15.9B | 13.5B | 11.9B | |
PRE-TAX INCOME | ||||||||||||||||||||
(1.9B) | (1.7B) | (1.6B) | (1.2B) | (1.2B) | (1.3B) | (1B) | (686M) | (663M) | (630M) | (468M) | (484M) | (402M) | (459M) | (411M) | (368M) | (402M) | (673M) | (611M) | (278M) | |
-1.9B | -965M | -937M | -1.1B | -1.1B | -1.2B | -673M | -422M | -519M | -522M | -360M | -394M | -328M | -350M | -275M | -276M | -308M | -330M | -611M | -278M | |
(0.0) | (89M) | (145M) | -662M | -612M | -620M | -639M | -1B | -1.5B | -1.1B | -377M | -368M | -451M | -746M | -819M | -901M | (432M) | (612M) | (0.0) | (0.0) | |
3M | -4.3B | -1.1B | -7B | -2B | -2.1B | -332M | -1.9B | -1.7B | -2.3B | -563M | -352M | -1.3B | -450M | -919M | -262M | 1.1B | 776M | 973M | 1.4B | |
10.3B | 5.8B | 8.7B | 1.2B | 4.8B | 2.6B | 7.2B | 11.3B | 11.4B | 12.3B | 15.9B | 20B | 20.2B | 22.5B | 21B | 19.7B | 18.1B | 16.7B | 14.5B | 13.3B | |
NET INCOME | ||||||||||||||||||||
-242M | -218M | (1.2B) | -626M | (124M) | -1.4B | (60M) | (2.6B) | (5.6B) | (449M) | (2.6B) | (4.2B) | (3.4B) | (5.5B) | (5.1B) | (4.9B) | (4.7B) | (4.4B) | (4.1B) | (3.9B) | |
10.6B | 6B | 7.5B | 1.6B | 5.7B | 5.6B | 9.4B | 8.7B | 5.8B | 11.9B | 13.2B | 12B | 16.5B | 16.6B | 15.9B | 14.8B | 13.4B | 12.3B | 10.4B | 9.5B |
SEC Filings
IBM - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 28, 2026 | May 28, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 01, 2026 | April 28, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | April 23, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 22, 2026 | April 22, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 10, 2026 | March 09, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 03, 2026 | March 01, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 24, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 02, 2026 | January 29, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 30, 2026 | January 27, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 28, 2026 | January 28, 2026 | 2026 |
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