International Business Machines Corporation Financials: Revenue, Profit, Balance Sheet & Cash Flow

International Business Machines Corporation Score & Ratio Trend

Date	Score	P/E	P/B	D/E	Price
Oct 2026	16,758	19.8	6.09	1.89	21,415.05
Oct 2026	16,758	19.8	6.09	1.89	21,412.85
Oct 2026	16,758	19.8	6.09	1.89	21,412.85
Oct 2026	16,789	19.7	6.06	1.89	21,310.90
Oct 2026	17,047	19.7	6.05	1.89	21,336.35
Oct 2026	17,047	19.7	6.05	1.89	21,336.35
Oct 2026	17,070	19.6	6.03	1.89	21,287.11
Oct 2026	16,894	20.1	6.20	1.89	21,875.98
Oct 2026	16,629	20.2	6.21	1.89	21,976.28
Oct 2026	16,631	20.2	6.21	1.89	21,735.02
Oct 2026	17,468	20.5	6.31	1.89	21,978.03
Oct 2026	17,551	20.3	6.23	1.89	21,636.64
Oct 2026	17,371	21.1	6.40	1.89	22,232.28
Oct 2026	17,429	20.6	6.35	1.89	21,987.13
Oct 2026	17,306	21.0	6.46	1.89	22,413.65
Oct 2026	17,147	21.5	6.62	1.89	22,937.98
Oct 2026	16,872	22.4	6.88	1.89	23,783.63
Oct 2026	16,854	21.5	6.89	1.89	23,796.87

Line Item	Jun 2026	Mar 2026	Dec 2025	Sep 2025
Revenue	17,162,000,000.0	15,917,000,000.0	19,687,000,000.0	16,331,000,000.0
Net Profit	2,165,000,000.0	1,216,000,000.0	5,600,000,000.0	1,744,000,000.0
EPS	2.3	1.3	6.0	1.9

Line Item	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Revenue	67,536,000,000.0	62,753,000,000.0	61,860,000,000.0	60,530,000,000.0	—
Net Profit	10,593,000,000.0	6,023,000,000.0	7,502,000,000.0	1,640,000,000.0	—
EPS	11.4	6.5	8.2	1.8	—

Line Item	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Total Assets	151,880,000,000.0	137,175,000,000.0	135,241,000,000.0	127,243,000,000.0	—
Total Liabilities	119,139,000,000.0	109,782,000,000.0	112,628,000,000.0	105,222,000,000.0	—
Total Equity	32,648,000,000.0	27,307,000,000.0	22,533,000,000.0	21,944,000,000.0	—

International Business Machines Corporation owed $0.77 for every $1 it owned in Jun 2026, down from $0.83 in Dec 2022.

Period	Jun 2026	Dec 2025	Dec 2024	Dec 2023	Dec 2022
Owes vs Owns	0.77×	0.78×	0.80×	0.83×	0.83×

Everything the company owes ÷ everything it owns. Below 1× it owns more than it owes; above 1× it owes more than it owns.

What it owns — Dec 2025

Cash & short-term investments 9.5%Receivables 10.9%Inventory 0.8%Fixed assets (tangible) 5.9%Intangible assets 52.1%Other assets 20.8%

How it's funded — Dec 2025

Short-term debt 4.2%Long-term debt 36.1%Payables 3.1%Other liabilities 35.0%Shareholders' equity 21.6%

Line Item	Dec 2025	Dec 2024	Dec 2023	Dec 2022
Assets
Cash & short-term investments	14,417.0	14,591.0	13,441.0	8,738.0
Receivables	16,508.0	14,010.0	13,956.0	14,209.0
Inventory	1,220.0	1,289.0	1,161.0	1,552.0
Fixed assets (tangible)	9,028.0	8,929.0	8,722.0	8,212.0
Intangible assets	79,107.0	71,367.0	71,214.0	67,133.0
Long-term investments	0.0	0.0	0.0	1,617.0
Other assets	31,600.0	26,989.0	26,747.0	25,782.0
Liabilities & equity
Short-term debt	6,424.0	5,089.0	6,426.0	4,760.0
Long-term debt	54,836.0	49,884.0	50,121.0	46,189.0
Payables	4,756.0	4,032.0	4,132.0	4,051.0
Other liabilities	53,123.0	50,777.0	51,949.0	50,222.0
Shareholders' equity	32,741.0	27,393.0	22,613.0	22,021.0
Net tangible assets	-46,459.0	-44,060.0	-48,681.0	-45,189.0

Line Item	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Operating Activities	13,193,000,000.0	13,445,000,000.0	13,931,000,000.0	10,435,000,000.0	—
Investing Activities	-10,302,000,000.0	-4,937,000,000.0	-7,070,000,000.0	-4,202,000,000.0	—
Financing Activities	-3,829,000,000.0	-7,079,000,000.0	-1,769,000,000.0	-4,958,000,000.0	—