Revenue
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
International Business Machines Corp (IBM)
Price$225.51Cached quote
Net income
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $67.53B | $62.75B | $61.86B | $60.53B | $57.35B | $55.18B | $57.71B | $79.59B | $79.14B | $79.92B | $81.74B | $92.79B | $98.37B | $102.87B | $106.92B | $99.87B | $95.76B | $103.63B | $98.79B |
| Gross profit | $39.30B | $35.55B | $34.30B | $32.69B | $31.49B | $30.86B | $31.53B | $36.94B | $36.94B | $38.52B | $40.68B | $46.41B | $48.68B | $50.36B | $50.14B | $46.01B | $43.78B | $45.66B | $41.73B |
| Gross margin | 58.19% | 56.65% | 55.45% | 54.00% | 54.90% | 55.94% | 54.64% | 46.41% | 46.68% | 48.19% | 49.77% | 50.01% | 49.49% | 48.95% | 46.89% | 46.07% | 45.72% | 44.06% | 42.24% |
| Research & development | $8.32B | $7.48B | $6.78B | $6.57B | $6.49B | $6.26B | $5.91B | $5.38B | $5.59B | $5.73B | $5.25B | $5.44B | $5.74B | $5.82B | $6.26B | $6.03B | $5.82B | $6.34B | $6.15B |
| Operating expenses | $26.80B | $25.48B | $24.92B | $24.51B | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating income | $12.49B | $10.07B | $9.38B | $8.17B | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating margin | 18.50% | 16.05% | 15.17% | 13.50% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | $17.28B | $12.18B | $14.69B | $7.17B | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA margin | 25.59% | 19.40% | 23.75% | 11.85% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | $10.59B | $6.02B | $7.50B | $1.64B | $5.74B | $5.59B | $9.43B | $8.73B | $5.75B | $11.87B | $13.19B | $12.02B | $16.48B | $16.60B | $15.86B | $14.83B | $13.43B | $12.33B | $10.42B |
| Net profit margin | 15.69% | 9.60% | 12.13% | 2.71% | 10.01% | 10.13% | 16.34% | 10.97% | 7.27% | 14.86% | 16.14% | 12.96% | 16.76% | 16.14% | 14.83% | 14.85% | 14.02% | 11.90% | 10.55% |
| Basic EPSper basic share | $11.36 | $6.53 | $8.23 | $1.82 | $6.41 | $6.28 | $10.63 | $9.57 | $6.17 | $12.43 | $13.48 | $11.97 | $15.06 | $14.53 | $13.25 | $11.69 | $10.12 | $9.02 | $7.27 |
| Diluted EPSper diluted share | $11.17 | $6.43 | $8.14 | $1.80 | $6.35 | $6.23 | $10.56 | $9.52 | $6.14 | $12.38 | $13.42 | $11.90 | $14.94 | $14.37 | $13.06 | $11.52 | $10.01 | $8.89 | $7.15 |
Owners
Reported shareholders
8.15%of listed shares
BlackRock, Inc.76.76M shares · Jun 30, 2026
View holders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 8.15%76.76M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 6.52%61.39M shares |
STATE STREET CORP | 5.95%56.05M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 3.01%28.35M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.49%23.45M shares |
MORGAN STANLEY | 1.85%17.46M shares |
Capital World Investors | 1.72%16.21M shares |
BANK OF AMERICA CORP /DE/ | 1.59%14.99M shares |
JPMORGAN CHASE & CO | 1.32%12.45M shares |
NORTHERN TRUST CORP | 1.09%10.23M shares |
Bank of New York Mellon Corp | 0.98%9.27M shares |
NORGES BANK | 0.89%8.42M shares |
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.81%7.62M shares |
FMR LLC | 0.79%7.43M shares |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.76%7.13M shares |
GOLDMAN SACHS GROUP INC | 0.74%6.94M shares |
Legal & General Group Plc | 0.71%6.67M shares |
WELLINGTON MANAGEMENT GROUP LLP | 0.70%6.55M shares |
DIMENSIONAL FUND ADVISORS LP | 0.59%5.58M shares |
Amundi | 0.58%5.46M shares |
Percentages use 942.13M shares of this listed class outstanding on Jun 30, 2026.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
Source: SEC Form 13F ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Feb 25, 2026Form 4 | Miebach MichaelDirector | BuyCommon Stock | 434 | $233.33 | $101.3K | 434 |
| Feb 25, 2026Form 4 | HOWARD MICHELLE JDirector | BuyCommon Stock | 50 | $237.83 | $11.9K | 194 |
| Jan 30, 2026Form 4 | FARR DAVID NDirector | BuyCommon Stock | 1.0K | $304.00 | $304.0K | 9.3K |
| Mar 3, 2025Form 4 | Thomas Robert DavidSenior Vice President | SellCommon Stock | 26.5K | $253.01 | $6.72M | 45.0K |
| Feb 28, 2025Form 4 | FARR DAVID NDirector | BuyCommon Stock | 1.2K | $249.00 | $298.8K | 8.3K |
Community posts
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IBM ($IBM) acquired Logiq Consulting, a UK cybersecurity specialist serving defense, critical infrastructure and other regulated customers. Financial terms were not disclosed. Logiq adds cybersecurity assurance, secure systems engineering a ...
IBM’s Anderon finalizes $1 billion US quantum-foundry award
Anderon, an IBM ($IBM) company, finalized an agreement with the US Department of Commerce for a $1 billion CHIPS research-and-development award. The funding supports a US-based quantum foundry using 300-millimeter wafers in Albany, New York ...
IBM and Lockheed Martin establish a Swiss quantum-computing hub
IBM ($IBM) and Lockheed Martin ($LMT) established a quantum-innovation hub at ETH Zurich through an offset agreement with Switzerland’s defense-procurement agency, armasuisse. The hub plans to host Switzerland’s first IBM Quantum System Two ...
