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Visnia

IINTERNATIONAL BUSINESS MACHINES CORP

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INTERNATIONAL BUSINESS MACHINES CORP

$231.38Close · Sep 22, 2026
  • Overview
  • Financial statements
  • Metrics
    • Revenue & profit
    • Revenue by segment
    • Launches
    • Revenue concentration
    • Margins
    • Contracted revenue
    • Off-balance-sheet commitments
    • Cash flow
    • Cash & debt
    • Earnings per share
    • P/E ratio
    • Share count & dilution
  • Quarterly earnings
  • Bonds
  • Similar companies
  • History
  • Insider Transactions
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Metrics

Revenue & profit
Revenue by segment
Margins
Contracted revenue
Cash flow
Cash & debt
Earnings per share
Share count & dilution

Metrics

Compare sales with the profit left after direct costs and the profit left after all expenses and taxes.Formula: Gross profit = revenue − cost of revenue Net income = total income − total expenses
Q2 ’2620172018201920202021202220232024202505B10B15B20BLatest period Q2 '26. Revenue 17.16B. Gross profit 9.91B. Net profit 2.17B.
RevenueGross profitNet profit
See which business lines, products, or regions generate the company’s sales.Formula: Company revenue = Σ(segment revenues) + reconciliation adjustments
Q2 ’2620172018201920202021202220232024202505B10B15B20BLatest period Q2 '26. Financial Service 186M. Product 9.05B. Technology Service 7.93B.
Financial ServiceProductTechnology Service
See how much of each dollar of sales remains after direct costs, after running the business, and after all expenses and taxes.Formula: Gross margin = gross profit ÷ revenue × 100% Operating margin = operating income ÷ revenue × 100% Net margin = net income ÷ revenue × 100%
Q2 ’262017201820192020202120222023202420250%100%200%300%Latest period Q2 '26. Gross margin 57.7%. Net profit margin 12.6%.
Gross marginOperating marginNet profit margin
Revenue the company expects from promised goods or services it still needs to deliver under customer contracts.
Q2 ’26201720182019202020212022202320242025020B40B60B80B100B120B
      Latest period Q2 '26. Remaining performance obligations 68B.
      Remaining performance obligations
      See the amounts the company has committed to pay that its balance sheet does not record yet: leases it has signed that have not started, unconditional purchase and other contractual commitments, and the most it could have to pay under guarantees and credit backstops. Amounts are as the filing reports them at each balance-sheet date.Formula: Commitments = leases not yet commenced + purchase & other commitments + maximum guarantee exposure
      Q4 ’252017201820192020202120222023202420250200M400M600M
          Latest period Q4 '25. Purchase & other commitments 314M.
          Leases not yet commencedPurchase & other commitmentsGuarantees & contingent commitments
          Compare cash generated by the business, spending on long-lived assets, and what remains afterward.Formula: Free cash flow = operating cash flow − capital expenditures
          $
          Q2 ’2620172018201920202021202220232024202502B4B
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            Latest period Q2 '26. Operating cash flow 2.6B. Capex -229M. Free cash flow 2.4B.
            Operating cash flowCapexFree cash flow
            Compare the company’s cash cushion with its borrowings. Negative net cash means debt is greater than cash.Formula: Net cash = cash − debt
            2026201720182019202020212022202320242025020B40B60B80B
                Latest period 2026. Cash 7.2B. Debt 67.8B.
                CashDebtNet cash
                Profit for each share over the trailing 12 months, adjusted for stock splits.Formula: Earnings available to common shareholders ÷ weighted-average shares
                $/shareUsing split history cached 2026-09-23; assuming no new splits
                Q2 ’262017201820192020202120222023202420250.002.004.006.008.0010.0012.00
                  • Earnings period 2017-01-01 to 2017-03-31. Shares as of 2017-03-31: 939,496,884 source shares.
                  • Earnings period 2017-04-01 to 2017-06-30. Shares as of 2017-06-30: 931,940,297 source shares.
                  • Earnings period 2017-07-01 to 2017-09-30. Shares as of 2017-09-30: 925,791,378 source shares.
                  • Earnings period 2017-01-01 to 2017-12-31. Shares as of 2017-12-31: 922,179,225 source shares.
                  • Earnings period 2018-01-01 to 2018-03-31. Shares as of 2018-03-31: 917,968,306 source shares.
                  • Earnings period 2018-04-01 to 2018-06-30. Shares as of 2018-06-30: 912,768,189 source shares.
                  • Earnings period 2018-07-01 to 2018-09-30. Shares as of 2018-09-30: 908,793,777 source shares.
                  • Earnings period 2018-01-01 to 2018-12-31. Shares as of 2018-12-31: 892,479,411 source shares.
                  • Earnings period 2019-01-01 to 2019-03-31. Shares as of 2019-03-31: 886,642,873 source shares.
                  • Earnings period 2019-04-01 to 2019-06-30. Shares as of 2019-06-30: 885,875,161 source shares.
                  • Earnings period 2019-07-01 to 2019-09-30. Shares as of 2019-09-30: 885,637,454 source shares.
                  • Earnings period 2019-01-01 to 2019-12-31. Shares as of 2019-12-31: 887,110,455 source shares.
                  • Earnings period 2020-01-01 to 2020-03-31. Shares as of 2020-03-31: 887,891,957 source shares.
                  • Earnings period 2020-04-01 to 2020-06-30. Shares as of 2020-06-30: 890,578,748 source shares.
                  • Earnings period 2020-07-01 to 2020-09-30. Shares as of 2020-09-30: 891,057,116 source shares.
                  • Earnings period 2020-01-01 to 2020-12-31. Shares as of 2020-12-31: 892,653,424 source shares.
                  • Earnings period 2021-01-01 to 2021-03-31. Shares as of 2021-03-31: 893,522,828 source shares.
                  • Earnings period 2021-04-01 to 2021-06-30. Shares as of 2021-06-30: 896,320,073 source shares.
                  • Earnings period 2021-07-01 to 2021-09-30. Shares as of 2021-09-30: 896,800,350 source shares.
                  • Earnings period 2021-01-01 to 2021-12-31. Shares as of 2021-12-31: 898,068,600 source shares.
                  • Earnings period 2022-01-01 to 2022-03-31. Shares as of 2022-03-31: 899,435,325 source shares.
                  • Earnings period 2022-04-01 to 2022-06-30. Shares as of 2022-06-30: 903,180,353 source shares.
                  • Earnings period 2022-07-01 to 2022-09-30. Shares as of 2022-09-30: 904,126,363 source shares.
                  • Earnings period 2022-01-01 to 2022-12-31. Shares as of 2022-12-31: 906,091,977 source shares.
                  • Earnings period 2023-01-01 to 2023-03-31. Shares as of 2023-03-31: 908,045,414 source shares.
                  • Earnings period 2023-04-01 to 2023-06-30. Shares as of 2023-06-30: 911,006,240 source shares.
                  • Earnings period 2023-07-01 to 2023-09-30. Shares as of 2023-09-30: 913,118,581 source shares.
                  • Earnings period 2023-01-01 to 2023-12-31. Shares as of 2023-12-31: 915,013,646 source shares.
                  • Earnings period 2024-01-01 to 2024-03-31. Shares as of 2024-03-31: 918,602,666 source shares.
                  • Earnings period 2024-04-01 to 2024-06-30. Shares as of 2024-06-30: 921,148,195 source shares.
                  • Earnings period 2024-07-01 to 2024-09-30. Shares as of 2024-09-30: 924,645,152 source shares.
                  • Earnings period 2024-01-01 to 2024-12-31. Shares as of 2024-12-31: 926,290,070 source shares.
                  • Earnings period 2025-01-01 to 2025-03-31. Shares as of 2025-03-31: 929,396,575 source shares.
                  • Earnings period 2025-04-01 to 2025-06-30. Shares as of 2025-06-30: 931,519,242 source shares.
                  • Earnings period 2025-07-01 to 2025-09-30. Shares as of 2025-09-30: 934,735,206 source shares.
                  • Earnings period 2025-01-01 to 2025-12-31. Shares as of 2025-12-31: 936,952,129 source shares.
                  • Earnings period 2026-01-01 to 2026-03-31. Shares as of 2026-03-31: 939,885,280 source shares.
                  • Earnings period 2026-04-01 to 2026-06-30. Shares as of 2026-06-30: 942,134,390 source shares.
                  Latest period Q2 2026. EPS (TTM) 11.38.
                  EPS (TTM)
                  How much investors pay for each dollar of the company’s yearly earnings. It is not useful when the company has no profit.Formula: Share price ÷ trailing 12-month EPS
                  Using split history cached 2026-09-23; assuming no new splits
                  Q2 ’262017201820192020202120222023202420250x20x40x60x80x
                    • Earnings period 2017-01-01 to 2017-03-31. Shares as of 2017-03-31: 939,496,884 source shares. Weekly price on 2017-03-31.
                    • Earnings period 2017-04-01 to 2017-06-30. Shares as of 2017-06-30: 931,940,297 source shares. Weekly price on 2017-06-30.
                    • Earnings period 2017-07-01 to 2017-09-30. Shares as of 2017-09-30: 925,791,378 source shares. Nearby weekly price on 2017-09-29.
                    • Earnings period 2017-01-01 to 2017-12-31. Shares as of 2017-12-31: 922,179,225 source shares. Nearby weekly price on 2017-12-29.
                    • Earnings period 2018-01-01 to 2018-03-31. Shares as of 2018-03-31: 917,968,306 source shares. Nearby weekly price on 2018-03-29.
                    • Earnings period 2018-04-01 to 2018-06-30. Shares as of 2018-06-30: 912,768,189 source shares. Nearby weekly price on 2018-06-29.
                    • Earnings period 2018-07-01 to 2018-09-30. Shares as of 2018-09-30: 908,793,777 source shares. Nearby weekly price on 2018-09-28.
                    • Earnings period 2018-01-01 to 2018-12-31. Shares as of 2018-12-31: 892,479,411 source shares. Nearby weekly price on 2018-12-28.
                    • Earnings period 2019-01-01 to 2019-03-31. Shares as of 2019-03-31: 886,642,873 source shares. Nearby weekly price on 2019-03-29.
                    • Earnings period 2019-04-01 to 2019-06-30. Shares as of 2019-06-30: 885,875,161 source shares. Nearby weekly price on 2019-06-28.
                    • Earnings period 2019-07-01 to 2019-09-30. Shares as of 2019-09-30: 885,637,454 source shares. Nearby weekly price on 2019-09-27.
                    • Earnings period 2019-01-01 to 2019-12-31. Shares as of 2019-12-31: 887,110,455 source shares. Nearby weekly price on 2020-01-03.
                    • Earnings period 2020-01-01 to 2020-03-31. Shares as of 2020-03-31: 887,891,957 source shares. Nearby weekly price on 2020-04-03.
                    • Earnings period 2020-04-01 to 2020-06-30. Shares as of 2020-06-30: 890,578,748 source shares. Nearby weekly price on 2020-07-02.
                    • Earnings period 2020-07-01 to 2020-09-30. Shares as of 2020-09-30: 891,057,116 source shares. Nearby weekly price on 2020-10-02.
                    • Earnings period 2020-01-01 to 2020-12-31. Shares as of 2020-12-31: 892,653,424 source shares. Weekly price on 2020-12-31.
                    • Earnings period 2021-01-01 to 2021-03-31. Shares as of 2021-03-31: 893,522,828 source shares. Nearby weekly price on 2021-04-01.
                    • Earnings period 2021-04-01 to 2021-06-30. Shares as of 2021-06-30: 896,320,073 source shares. Nearby weekly price on 2021-07-02.
                    • Earnings period 2021-07-01 to 2021-09-30. Shares as of 2021-09-30: 896,800,350 source shares. Nearby weekly price on 2021-10-01.
                    • Earnings period 2021-01-01 to 2021-12-31. Shares as of 2021-12-31: 898,068,600 source shares. Weekly price on 2021-12-31.
                    • Earnings period 2022-01-01 to 2022-03-31. Shares as of 2022-03-31: 899,435,325 source shares. Nearby weekly price on 2022-04-01.
                    • Earnings period 2022-04-01 to 2022-06-30. Shares as of 2022-06-30: 903,180,353 source shares. Nearby weekly price on 2022-07-01.
                    • Earnings period 2022-07-01 to 2022-09-30. Shares as of 2022-09-30: 904,126,363 source shares. Weekly price on 2022-09-30.
                    • Earnings period 2022-01-01 to 2022-12-31. Shares as of 2022-12-31: 906,091,977 source shares. Nearby weekly price on 2022-12-30.
                    • Earnings period 2023-01-01 to 2023-03-31. Shares as of 2023-03-31: 908,045,414 source shares. Weekly price on 2023-03-31.
                    • Earnings period 2023-04-01 to 2023-06-30. Shares as of 2023-06-30: 911,006,240 source shares. Weekly price on 2023-06-30.
                    • Earnings period 2023-07-01 to 2023-09-30. Shares as of 2023-09-30: 913,118,581 source shares. Nearby weekly price on 2023-09-29.
                    • Earnings period 2023-01-01 to 2023-12-31. Shares as of 2023-12-31: 915,013,646 source shares. Nearby weekly price on 2023-12-29.
                    • Earnings period 2024-01-01 to 2024-03-31. Shares as of 2024-03-31: 918,602,666 source shares. Nearby weekly price on 2024-03-28.
                    • Earnings period 2024-04-01 to 2024-06-30. Shares as of 2024-06-30: 921,148,195 source shares. Nearby weekly price on 2024-06-28.
                    • Earnings period 2024-07-01 to 2024-09-30. Shares as of 2024-09-30: 924,645,152 source shares. Nearby weekly price on 2024-09-27.
                    • Earnings period 2024-01-01 to 2024-12-31. Shares as of 2024-12-31: 926,290,070 source shares. Nearby weekly price on 2025-01-03.
                    • Earnings period 2025-01-01 to 2025-03-31. Shares as of 2025-03-31: 929,396,575 source shares. Nearby weekly price on 2025-03-28.
                    • Earnings period 2025-04-01 to 2025-06-30. Shares as of 2025-06-30: 931,519,242 source shares. Nearby weekly price on 2025-06-27.
                    • Earnings period 2025-07-01 to 2025-09-30. Shares as of 2025-09-30: 934,735,206 source shares. Nearby weekly price on 2025-10-03.
                    • Earnings period 2025-01-01 to 2025-12-31. Shares as of 2025-12-31: 936,952,129 source shares. Nearby weekly price on 2026-01-02.
                    • Earnings period 2026-01-01 to 2026-03-31. Shares as of 2026-03-31: 939,885,280 source shares. Nearby weekly price on 2026-04-02.
                    • Earnings period 2026-04-01 to 2026-06-30. Shares as of 2026-06-30: 942,134,390 source shares. Nearby weekly price on 2026-07-02.
                    Latest period Q2 2026. P/E ratio 25.4x.
                    P/E ratio
                    See how the number of shares changes over time. More shares can mean each existing share owns a smaller slice of the company.Formula: Outstanding shares = issued shares − treasury shares Share-count growth = (current shares ÷ previous shares − 1) × 100%
                    Stock split history may be out of date.
                    20262017201820192020202120222023202420250200M400M600M800M
                    2021-11-04: Stock split 1046-for-1000
                        Latest period Shares as of 2026-06-30. Shares outstanding 942.1M. Class detail unavailable 942.1M.
                        Class detail unavailableStock split