FY2025 · ended Dec 31, 2025 · Revenue $67.53B, +7.6% YoY · Filed Feb 24, 2026
International Business Machines Corporation (IBM) files with the SEC under industry code 3570, Computer & office Equipment. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $67.5 billion and net income of $10.6 billion. Free cash flow was $12.1 billion. As of Sep 30, 2026 it held $9.2 billion in cash and investments and $67.1 billion in total debt.
Revenue (TTM)
$69.87B
+6.8% vs year-ago TTM
Net income (TTM)
$11.17B
+41.3% vs year-ago TTM
Operating cash flow (TTM)
$15.83B
+17.4% vs year-ago TTM
Free cash flow (TTM)
$14.66B
+17.5% vs year-ago TTM
EPS (TTM)
$11.72
+40.3% vs year-ago TTM
Dividend per share (TTM)
$6.74
+0.6% vs year-ago TTM
Shares outstanding
938.03M
+1.2% vs prior year
Net cash
$-57.91B
as of Sep 30, 2026
Operating margin
—
Company profile
- Industry
- Computer & office Equipment (SIC 3570)
- Listed as
- IBM (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- NY
- Headquarters
- Armonk, NY
- SEC filer status
- Large accelerated filer
- SEC CIK
- 51143
Other Computer & office Equipment companies
- Hewlett Packard Enterprise Co HPE
- HP Inc HPQ
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $67.5B | $62.8B | $61.9B | $60.5B | $57.4B |
| Net income | $10.6B | $6.0B | $7.5B | $1.6B | $5.7B |
| Diluted EPS | $11.17 | $6.43 | $8.14 | $1.80 | $6.35 |
| Operating cash flow | $13.2B | $13.4B | $13.9B | $10.4B | $12.8B |
| Free cash flow | $12.1B | $12.4B | $12.7B | $9.1B | $10.7B |
| Total assets | $151.9B | $137.2B | $135.2B | $127.2B | $132.0B |
| Total liabilities | $119.1B | $109.8B | $112.6B | $105.2B | $113.0B |
| Stockholders' equity | $32.6B | $27.3B | $22.5B | $21.9B | $18.9B |
| Cash and investments | $13.6B | $13.9B | $13.1B | $7.9B | $6.7B |
| Total debt | $65.8B | $59.4B | $60.4B | $54.3B | $55.2B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 22, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 21, 2026 | Oct 21, 2026 |
| 8-K |
Current report
Officer or director change, Bylaw or fiscal year change
|
Oct 1, 2026 | Oct 1, 2026 |
| 8-K | Current report | Aug 14, 2026 | Aug 10, 2026 |
| 10-Q | Quarterly report | Jul 23, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 22, 2026 | Jul 22, 2026 |
All 1000 International Business Machines Corporation SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.