INTERNATIONAL BUSINESS MACHINES CORP (IBM) financials
Technology · CIK 0000051143 · fiscal years FY2021–FY2025
In fiscal year 2025 (ending Dec 2025), INTERNATIONAL BUSINESS MACHINES CORP (IBM) reported $67.53B in revenue and $10.59B in net income, a net profit margin of 15.7%. Revenue changed +7.6% versus FY2024. Over FY2021–FY2025, revenue grew at a 4.2% compound annual rate. All figures are from INTERNATIONAL BUSINESS MACHINES CORP's SEC 10-K filings.
Source: SEC EDGAR, CIK 0000051143. Data as of 2026-06-18.
Key ratios (FY2025)
| Metric | Value | Basis |
|---|---|---|
| Net profit margin | 15.7% | Net income ÷ revenue |
| Operating margin | — | Operating income ÷ revenue |
| R&D intensity | 12.3% | R&D expense ÷ revenue |
| Revenue YoY growth | +7.6% | vs FY2024 |
| Revenue CAGR (4y) | 4.2% | FY2021 → FY2025 |
Source: SEC EDGAR. Data as of 2026-06-18.
Annual financials by fiscal year
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $57.35B | $60.53B | $61.86B | $62.75B | $67.53B |
| Net income | $5.74B | $1.64B | $7.50B | $6.02B | $10.59B |
| Operating income | — | — | — | — | — |
| R&D expense | $6.49B | $6.57B | $6.78B | $7.48B | $8.32B |
| Total assets | $132.00B | $127.24B | $135.24B | $137.18B | $151.88B |
| Total liabilities | $113.00B | $105.22B | $112.63B | $109.78B | $119.14B |
| Shareholders' equity | $18.90B | $21.94B | $22.53B | $27.31B | $32.65B |
| Cash & equivalents | $6.65B | $7.89B | $13.07B | $13.95B | $13.59B |
| Diluted EPS | 6.35 | 1.8 | 8.14 | 6.43 | 11.17 |
| Revenue YoY growth | — | +5.5% | +2.2% | +1.4% | +7.6% |
Source: SEC EDGAR — INTERNATIONAL BUSINESS MACHINES CORP 10-K filings (CIK 0000051143). Data as of 2026-06-18. Revenue concept: Revenues.
How to read these figures
Revenue is the top line; operating income is profit from core operations before interest and tax; net income is the bottom line after every expense. The profit-margin calculator turns these into margins, and the revenue CAGR calculator annualises multi-year growth. For background, see revenue vs operating income vs net income and how to read a 10-K.
Frequently asked questions
What was INTERNATIONAL BUSINESS MACHINES CORP's revenue in FY2025?
INTERNATIONAL BUSINESS MACHINES CORP reported $67.53B in revenue for fiscal year 2025 (period ending Dec 2025), per its SEC 10-K filing. That is +7.6% versus FY2024.
What is INTERNATIONAL BUSINESS MACHINES CORP's net profit margin?
In FY2025, INTERNATIONAL BUSINESS MACHINES CORP earned $10.59B of net income on $67.53B of revenue — a net profit margin of 15.7%.
How fast has INTERNATIONAL BUSINESS MACHINES CORP's revenue grown?
Between FY2021 and FY2025, INTERNATIONAL BUSINESS MACHINES CORP's revenue grew at a compound annual rate (CAGR) of 4.2%.
Where does this INTERNATIONAL BUSINESS MACHINES CORP financial data come from?
All figures are taken from INTERNATIONAL BUSINESS MACHINES CORP's annual 10-K filings on SEC EDGAR (CIK 0000051143), via the SEC XBRL company facts API. They are factual data, not investment advice — verify on SEC EDGAR before relying on them.
Source & verification
Figures are taken from INTERNATIONAL BUSINESS MACHINES CORP's annual 10-K filings on SEC EDGAR (CIK 0000051143), via the EDGAR XBRL company facts API. They are factual data compiled from SEC filings — not investment advice; figures may contain errors or lag the original filing. Verify on SEC EDGAR before relying on them.
Last updated: 2026-06-18