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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.

232.67USD
232.51 USD
+3.82(+1.67%)
Pre-market

Last updated

Market Cap
$221,542,901,809
P/E
20.66
P/FCF
16.06
P/S
3.21
Enterprise Value
$276,357,901,809
Sector
Information Technology
Industry
IT Consulting & Other Services
Address
1 NEW ORCHARD ROAD, ARMONK, NY, 10504
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Market Cap
$221,542,901,809
Enterprise Value
$276,357,901,809
P/E
20.66
P/B
6.43
P/S
3.21
EV / EBITDA
15.73
EV / Sales
4
EPS
11.38
Dividend Yield
2.85%
P/FCF
16.06
P/CF
14.88
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
$12,368,781
Fundamentals Snapshot Price
235.15

Income Statement

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Revenue17.16B15.92B19.69B16.33B16.98B
Cost of revenue7.26B6.97B7.76B6.97B7B
Gross profit9.91B8.95B11.93B9.36B9.98B
Operating income2.97B1.86B4.62B2.92B3.11B
EBITDA4.32B3.13B5.92B4.21B4.37B
Net income2.17B1.22B5.6B1.74B2.19B
Income taxes313M172M-1.44B686M404M
Interest expense-486M-473M-478M-492M-510M
Other operating expenses-351M-173M-1.03B-173M-254M
Total operating expenses6.94B7.09B7.31B6.44B6.87B
Basic EPS2.31.286.191.842.36
Diluted EPS2.271.35.691.872.31

Balance Sheet

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Total assets152.1B156.23B151.88B146.31B148.59B
Total liabilities117.56B123.17B119.14B118.32B121B
Total equity34.54B33.06B32.74B27.99B27.59B
Cash & equivalents7.17B10.82B13.59B11.57B11.94B
Current assets28.4B31.91B36.94B32.74B34.25B
Current liabilities35.91B40.1B38.66B35.14B37.73B
Accounts payable4.4B4.04B4.76B3.87B3.97B
Receivables8.27B8.48B10.3B7.45B7.91B
Inventories1.75B1.48B1.22B1.4B1.25B
Goodwill74.6B74.71B67.72B67.4B67.51B
Long-term debt56.21B57.71B54.84B55.17B55.22B

Cash Flow

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Operating cash flow2.6B5.17B4.04B3.08B1.7B
Investing cash flow-482M-10.49B1.42B-438M1.7B
Financing cash flow-5.73B2.72B-3.41B-3.01B-2.85B
Change in cash-3.65B-2.78B2.04B-427M865M
Net income2.17B1.22B5.6B1.74B2.19B
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