International Business Machines Corporation (IBM) Financial Statements
Historical financial data — 41 statements covering FY2016–FY2025
Incorporated in 1911, International Business Machines, or IBM, is one of the oldest technology companies in the world. It provides software, IT consulting services, and hardware to help business cu...
International Business Machines Corporation's revenue increased 7.6% year over year, from $62.75B to $67.53B.
Net income increased 75.9% over the same period, from $6.02B to $10.59B.
Over the 9-year period from FY2016 to FY2025, revenue declined by 15% in total.
Total debt increased by 11.4% to $61.26B.
The debt-to-equity ratio stands at 1.88, indicating a elevated leverage profile.
Operating cash flow declined 1.9% to $13.19B.
International Business Machines Corporation maintains a healthy net profit margin of 15.7%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $14.97B-5.1% | $-330.0M | $8.42B | $2.65B | $2.88B | $134.34B | $56.58B | $24.45B |
| Q4 FY2024 | $17.55B+17.3% | $2.91B | $10.44B | $-150.0M | $4.33B | $137.18B | $54.97B | $27.31B |
| Q1 FY2025 | $14.54B-17.2% | $1.05B | $8.03B | $1.16B | $4.37B | $145.67B | $63.28B | $26.88B |
| Q2 FY2025 | $16.98B+16.8% | $2.19B | $9.98B | $2.60B | $1.70B | $148.59B | $64.16B | $27.51B |
| Q3 FY2025 | $16.33B-3.8% | $1.74B | $9.36B | $2.43B | $3.08B | $146.31B | $63.12B | $27.91B |
| Q4 FY2025 | $19.69B+20.6% | $5.60B | $11.93B | $4.14B | $4.04B | $151.88B | $61.26B | $32.65B |
| Q1 FY2026 | $15.92B-19.1% | $1.22B | $8.95B | $1.39B | $5.17B | $156.23B | $69.80B | $33.05B |
| Q2 FY2026 | $17.16B+7.8% | $2.17B | $9.91B | $3.65B | $2.60B | $152.10B | $65.27B | $34.54B |
Balance Sheet Summary (Q2 FY2026)
International Business Machines Corporation (IBM) Financial Statements & Revenue History
International Business Machines Corporation (IBM) is a US-listed stock operating in the Technology sector, specifically the Information Technology Services industry trading at $231.13 with a market capitalization of $218. This page provides 41 historical financial statements for International Business Machines Corporation, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, International Business Machines Corporation reported revenue of $67.5 billion, representing 7.6% year-over-year growth. The net profit margin of 15.7% reflects strong profitability. The debt-to-equity ratio of 1.88 indicates elevated leverage.
IBM Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows International Business Machines Corporation's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether IBM is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track IBM's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently International Business Machines Corporation converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of IBM's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use IBM Financial Data
Investors use International Business Machines Corporation's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare IBM's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how IBM's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View IBM's financial health score, earnings, and pre-market pricing.
Financial data is sourced from International Business Machines Corporation's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.IBM trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.