International Business Machines (IBM)

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International Business Machines Corporation is a global enterprise technology company with a history that dates back to 1911. IBM serves large organisations, governments, and financial institutions with a mix of software, consulting, infrastructure, and support services designed to run and modernise mission-critical technology systems. The company operates worldwide and remains deeply embedded in corporate IT environments, including many of the world’s largest businesses.

IBM’s strategy centres on hybrid cloud, artificial intelligence, automation, data management, cybersecurity, and high-performance computing infrastructure. Its software portfolio includes Red Hat, which supports open-source enterprise platforms and hybrid cloud deployments, as well as watsonx, IBM’s suite for building, managing, and governing AI applications and data workflows. The company also continues to supply mainframe systems that are widely used for secure, high-volume transaction processing in industries such as banking, insurance, retail, and travel.

Consulting is another major part of IBM’s business. The company advises clients on technology transformation, cloud migration, application modernisation, business process redesign, and AI adoption. This services capability helps IBM combine proprietary software, third-party platforms, and industry expertise into long-term enterprise projects.

IBM is distinctive because it operates at the intersection of legacy computing and next-generation enterprise technology. Rather than focusing on consumer markets, it concentrates on complex, regulated, and data-intensive workloads where reliability, security, and integration are critical. Its results are influenced by corporate IT spending, cloud adoption, demand for AI tools, consulting activity, software subscriptions, and the continued relevance of mainframe and infrastructure platforms.

223.65 USD
227.33 USD
+1.91 (+0.86%)
Pre-market

Last updated

Market Cap
$210,708,356,324
P/E
19.65
P/FCF
15.28
P/S
3.05
Enterprise Value
$265,523,356,324
Sector
Information Technology
Industry
IT Consulting & Other Services
Address
1 NEW ORCHARD ROAD, ARMONK, NY, 10504
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Market Cap
$210,708,356,324
Enterprise Value
$265,523,356,324
P/E
19.65
P/B
6.12
P/S
3.05
EV / EBITDA
15.11
EV / Sales
3.84
EPS
11.38
Dividend Yield
2.99%
P/FCF
15.28
P/CF
14.15
Free Cash Flow
$13,791,000,000
ROE
31.13%
ROA
7.05%
Debt / Equity
1.8
Current Ratio
0.79
Quick Ratio
0.74
Cash
0.2
Avg Volume
$12,726,200
Fundamentals Snapshot Price
223.65

Income Statement

Line Item 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2
Revenue 17.16B 15.92B 19.69B 16.33B 16.98B
Cost of revenue 7.26B 6.97B 7.76B 6.97B 7B
Gross profit 9.91B 8.95B 11.93B 9.36B 9.98B
Operating income 2.97B 1.86B 4.62B 2.92B 3.11B
EBITDA 4.32B 3.13B 5.92B 4.21B 4.37B
Net income 2.17B 1.22B 5.6B 1.74B 2.19B
Income taxes 313M 172M -1.44B 686M 404M
Interest expense -486M -473M -478M -492M -510M
Other operating expenses -351M -173M -1.03B -173M -254M
Total operating expenses 6.94B 7.09B 7.31B 6.44B 6.87B
Basic EPS 2.3 1.28 6.09 1.84 2.36
Diluted EPS 2.27 1.3 5.81 1.87 2.31

Balance Sheet

Line Item 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2
Total assets 152.1B 156.23B 151.88B 146.31B 148.59B
Total liabilities 117.56B 123.17B 119.14B 118.32B 121B
Total equity 34.54B 33.06B 32.74B 27.99B 27.59B
Cash & equivalents 7.17B 10.82B 13.59B 11.57B 11.94B
Current assets 28.35B 31.87B 36.89B 32.71B 34.17B
Current liabilities 35.91B 40.1B 38.66B 35.14B 37.73B
Accounts payable 4.4B 4.04B 4.76B 3.87B 3.97B
Receivables 8.27B 8.48B 10.3B 7.45B 7.91B
Inventories 1.75B 1.48B 1.22B 1.4B 1.25B
Goodwill 74.6B 74.71B 67.72B 67.4B 67.51B
Long-term debt 56.21B 57.71B 54.84B 55.17B 55.22B

Cash Flow

Line Item 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2
Operating cash flow 2.6B 5.17B 4.04B 3.08B 1.7B
Investing cash flow -482M -10.49B 1.42B -438M 1.7B
Financing cash flow -5.73B 2.72B -3.41B -3.01B -2.85B
Change in cash -3.65B -2.78B 2.04B -427M 865M
Net income 2.17B 1.22B 5.6B 1.74B 2.19B
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edgar index S-8 — INTERNATIONAL BUSINESS MACHINES CORP View Filing
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edgar index S-8 POS — INTERNATIONAL BUSINESS MACHINES CORP View Filing
edgar index S-8 POS — INTERNATIONAL BUSINESS MACHINES CORP View Filing
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