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International Business Machines Corporation (IBM)
IBM
International Business Machines Corporation (IBM)
220.5100 $
-0.7800 (%-0.35)
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IBM: International Business Machines Corporation Financials

Income statement, balance sheet, cash flow and financial performance data for International Business Machines Corporation.

International Business Machines Corporation Income Statement

Chart
Gross margin TTM
58.19%
Operating margin TTM
18.5%
Net profit margin TTM
15.68%
Return on investment TTM
32.45%
Period end31/12/202531/12/202431/12/202331/12/2022
Total revenue67,536,000,00062,753,000,00061,860,000,00060,530,000,000
Operating income12,492,000,00010,074,000,0009,821,000,0008,174,000,000
Net income10,593,000,0006,023,000,0007,502,000,0001,640,000,000

All line items

Line item31/12/202531/12/202431/12/202331/12/2022
Total revenue67,536,000,00062,753,000,00061,860,000,00060,530,000,000
Cost of revenue28,239,000,00027,201,000,00027,560,000,00027,842,000,000
Gross profit39,297,000,00035,551,000,00034,300,000,00032,687,000,000
Research and development expenses8,316,000,0007,479,000,0006,775,000,0006,567,000,000
General and administrative expenses17,012,000,00016,737,000,00016,322,000,00016,103,000,000
Selling and marketing expenses1,129,000,0001,173,000,0001,237,000,0002,506,000,000
Selling, general and administrative expenses18,141,000,00017,910,000,00017,559,000,00018,609,000,000
Other expenses348,000,00089,000,000145,000,000-662,000,000
Operating expenses26,805,000,00025,478,000,00024,479,000,00024,514,000,000
Cost and expenses55,044,000,00052,679,000,00052,039,000,00052,356,000,000
Net interest income-1,290,000,000-965,000,000-937,000,000-1,054,000,000
Interest income645,000,000747,000,000670,000,000162,000,000
Interest expense1,935,000,0001,712,000,0001,607,000,0001,216,000,000
Depreciation and amortization5,021,000,0004,667,000,0004,396,000,0004,802,000,000
EBITDA17,284,000,00012,176,000,00014,693,000,0007,174,000,000
EBIT12,263,000,0007,509,000,00010,297,000,0002,372,000,000
Non-operating income (excl. interest)229,000,0002,565,000,000-476,000,0005,802,000,000
Operating income12,492,000,00010,074,000,0009,821,000,0008,174,000,000
Total other income/expenses (net)-2,164,000,000-4,277,000,000-1,131,000,000-7,018,000,000
Income before tax10,328,000,0005,797,000,0008,690,000,0001,156,000,000
Income tax expense-242,000,000-218,000,0001,176,000,000-626,000,000
Net income from continuing operations10,570,000,0006,015,000,0007,514,000,0001,783,000,000
Net income from discontinued operations22,000,0008,000,000-12,000,000-143,000,000
Other adjustments to net income1,000,000000
Net income10,593,000,0006,023,000,0007,502,000,0001,640,000,000
Net income deductions0001,000,000
Bottom line net income10,593,000,0006,023,000,0007,502,000,0001,639,000,000
EPS11782
Diluted EPS11682
Weighted average shares outstanding932,300,000937,200,000911,210,000902,664,000
Weighted average diluted shares outstanding948,700,000937,200,000922,074,000912,269,000

International Business Machines Corporation Balance Sheet

Period endTotal assetsTotal liabilities & equity
31/12/2025151,880,000,000119,140,000,000
31/12/2024137,175,000,000109,782,000,000
31/12/2023135,241,000,000112,628,000,000
31/12/2022127,243,000,000105,222,000,000
Long-term debt / assets MRQ
57,383,000,000%
Period end31/12/202531/12/202431/12/202331/12/2022
Total assets151,880,000,000137,175,000,000135,241,000,000127,243,000,000
Total liabilities119,140,000,000109,782,000,000112,628,000,000105,222,000,000
Total equity32,648,000,00027,307,000,00022,533,000,00021,944,000,000

All line items

Line item31/12/202531/12/202431/12/202331/12/2022
Cash and cash equivalents13,641,000,00013,947,000,00013,068,000,0007,886,000,000
Short-term investments830,000,000644,000,000373,000,000852,000,000
Cash and short-term investments14,471,000,00014,591,000,00013,441,000,0008,738,000,000
Net receivables17,639,000,00014,010,000,00013,956,000,0007,005,000,000
Accounts receivable15,456,000,0006,804,000,0007,214,000,0006,541,000,000
Other receivables2,183,000,0007,206,000,0006,742,000,000464,000,000
Inventory1,220,000,0001,289,000,0001,161,000,0001,552,000,000
Prepaid expenses0001,876,000,000
Other current assets2,530,000,0004,592,000,0004,350,000,0009,947,000,000
Total current assets35,860,000,00034,482,000,00032,908,000,00029,118,000,000
Property, plant and equipment (net)9,028,000,0008,929,000,0008,721,000,0008,212,000,000
Goodwill67,717,000,00060,706,000,00060,178,000,00055,949,000,000
Intangible assets11,391,000,00010,661,000,00011,036,000,00011,184,000,000
Goodwill and intangible assets79,108,000,00071,367,000,00071,214,000,00067,133,000,000
Long-term investments7,708,000,0001,691,000,0001,589,000,0001,617,000,000
Tax assets8,610,000,0006,978,000,0006,656,000,0006,256,000,000
Other non-current assets11,566,000,00013,729,000,00014,153,000,00014,908,000,000
Total non-current assets116,020,000,000102,694,000,000102,333,000,00098,126,000,000
Other assets0-1,000,0000-1,000,000
Total assets151,880,000,000137,175,000,000135,241,000,000127,243,000,000
Total payables4,756,000,0006,065,000,0006,402,000,0006,247,000,000
Accounts payable4,756,000,0004,032,000,0004,132,000,0004,051,000,000
Other payables02,033,000,0002,270,000,0002,196,000,000
Accrued expenses4,114,000,0003,709,000,0003,521,000,0004,111,000,000
Short-term debt7,224,000,0005,089,000,0006,426,000,0004,760,000,000
Capital lease obligations (current)0768,000,000820,000,000874,000,000
Tax payables02,033,000,0002,270,000,0002,196,000,000
Deferred revenue16,101,000,00013,907,000,00013,451,000,00012,032,000,000
Other current liabilities6,463,000,0003,604,000,0003,502,000,0003,481,000,000
Total current liabilities38,658,000,00033,142,000,00034,122,000,00031,505,000,000
Long-term debt57,383,000,00049,884,000,00049,767,000,00046,025,000,000
Capital lease obligations (non-current)2,547,000,0002,655,000,0002,922,000,0002,190,000,000
Deferred revenue (non-current)4,271,000,0003,622,000,0003,533,000,0003,499,000,000
Deferred tax liabilities (non-current)0815,000,0001,146,000,0002,292,000,000
Other non-current liabilities16,281,000,00019,664,000,00021,138,000,00019,711,000,000
Total non-current liabilities80,482,000,00076,640,000,00078,506,000,00073,717,000,000
Other liabilities0000
Capital lease obligations2,547,000,0003,423,000,0003,742,000,0003,064,000,000
Total liabilities119,140,000,000109,782,000,000112,628,000,000105,222,000,000
Treasury stock-170,605,000,000-169,968,000,000-169,624,000,000-169,484,000,000
Preferred stock0000
Common stock63,318,000,00061,380,000,00059,643,000,00058,343,000,000
Retained earnings155,648,000,000151,163,000,000151,276,000,000149,825,000,000
Additional paid-in capital0000
Accumulated other comprehensive income/loss-15,713,000,000-15,269,000,000-18,761,000,000-16,740,000,000
Other stockholders' equity01,000,000-1,000,0000
Total stockholders' equity32,648,000,00027,307,000,00022,533,000,00021,944,000,000
Total equity32,741,000,00027,393,000,00022,613,000,00022,021,000,000
Minority interest93,000,00086,000,00080,000,00077,000,000
Total liabilities and total equity151,880,000,000137,175,000,000135,241,000,000127,243,000,000
Total investments8,538,000,0002,335,000,0001,962,000,0002,469,000,000
Total debt67,154,000,00058,396,000,00059,935,000,00054,013,000,000
Net debt53,513,000,00044,449,000,00046,867,000,00046,127,000,000

International Business Machines Corporation Cash Flow Statement

Chart
Period end31/12/202531/12/202431/12/202331/12/2022
Cash from operations13,193,000,00013,445,000,00013,931,000,00010,435,000,000
Cash from investing-10,302,000,000-4,937,000,000-7,070,000,000-4,202,000,000
Cash from financing-3,829,000,000-7,079,000,000-1,769,000,000-4,958,000,000
Net change in cash-520,000,0001,071,000,0005,101,000,0001,031,000,000

All line items

Line item31/12/202531/12/202431/12/202331/12/2022
Net income10,571,000,0006,023,000,0007,502,000,0001,639,000,000
Depreciation and amortization5,021,000,0004,667,000,0004,396,000,0004,802,000,000
Deferred income tax-957,000,000-2,330,000,000-1,114,000,000-2,726,000,000
Stock-based compensation1,715,000,0001,311,000,0001,133,000,000987,000,000
Change in working capital-3,139,000,0001,313,000,0002,184,000,000202,000,000
Accounts receivable-4,278,000,000-374,000,000725,000,000-539,000,000
Inventory70,000,000-166,000,000390,000,00071,000,000
Accounts payable624,000,000-13,000,00065,000,000213,000,000
Other working capital445,000,0001,866,000,0001,004,000,000457,000,000
Other non-cash items-40,000,0002,461,000,000-170,000,0005,531,000,000
Net cash from operating activities13,193,000,00013,445,000,00013,931,000,00010,435,000,000
Investments in property, plant and equipment-1,738,000,000-1,048,000,000-1,245,000,000-1,346,000,000
Acquisitions (net)-8,174,000,000-2,591,000,000-5,086,000,000-1,076,000,000
Purchases of investments-10,095,000,000-7,762,000,000-11,143,000,000-5,930,000,000
Sales/maturities of investments9,704,000,0006,544,000,00010,647,000,0004,665,000,000
Other investing activities1,000,000-80,000,000-243,000,000-515,000,000
Net cash from investing activities-10,302,000,000-4,937,000,000-7,070,000,000-4,202,000,000
Net debt issuance2,873,000,000-880,000,0004,497,000,0001,221,000,000
Long-term net debt issuance2,902,000,000-910,000,0004,504,000,0001,004,000,000
Short-term net debt issuance-29,000,00030,000,000-7,000,000217,000,000
Net stock issuance710,000,000745,000,000-402,000,000-407,000,000
Net common stock issuance710,000,000745,000,000-402,000,000-407,000,000
Common stock issuance710,000,000745,000,00000
Common stock repurchased00-402,000,000-407,000,000
Net preferred stock issuance0000
Net dividends paid-6,255,000,000-6,147,000,000-6,040,000,000-5,948,000,000
Common dividends paid-6,255,000,000-6,147,000,000-6,040,000,000-5,948,000,000
Preferred dividends paid0000
Other financing activities-1,157,000,000-797,000,000176,000,000176,000,000
Net cash from financing activities-3,829,000,000-7,079,000,000-1,769,000,000-4,958,000,000
Effect of FX changes on cash418,000,000-359,000,0009,000,000-244,000,000
Net change in cash-520,000,0001,071,000,0005,101,000,0001,031,000,000
Cash at end of period13,640,000,00014,160,000,00013,089,000,0007,988,000,000
Cash at beginning of period14,160,000,00013,089,000,0007,988,000,0006,957,000,000
Operating cash flow13,193,000,00013,445,000,00013,931,000,00010,435,000,000
Capital expenditure-1,091,000,000-1,685,000,000-1,810,000,000-1,972,000,000
Free cash flow12,102,000,00011,760,000,00012,121,000,0008,463,000,000
Income taxes paid01,723,000,0001,564,000,0001,865,000,000
Interest paid01,978,000,0001,668,000,0001,401,000,000