IBMInternational Business Machines CorporationNYSEInformation Technology
$232.76+$0.83 +0.36%Sep 24, 2026 close
| METRIC | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Period Ending | — | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
| Revenue | ||||
| Revenue | $68.9B | $67.5B | $62.8B | $61.9B |
| Cost of Revenue | $28.7B | $28.2B | $27.2B | $27.6B |
| Gross Profit | $40.2B | $39.3B | $35.6B | $34.3B |
| Operating | ||||
| Operating Income | — | — | — | — |
| EBITDA | — | — | — | — |
| Pre-Tax Income | $10.6B | $10.3B | $5.80B | $8.69B |
| Income Tax Expense | -$173M | -$242M | -$218M | $1.18B |
| Net Income | $10.8B | $10.6B | $6.02B | $7.50B |
| Per Share | ||||
| EPS (Basic) | $15.38 | $11.36 | $6.53 | $8.23 |
| EPS (Diluted) | $15.13 | $11.17 | $6.43 | $8.14 |
| Shares Basic | 699M | 932M | 922M | 911M |
| Shares Diluted | 711M | 949M | 937M | 922M |
| Dividend Per Share | — | $6.71 | $6.67 | $6.63 |
| Margins | ||||
| Gross Margin | +58.4% | +58.2% | +56.7% | +55.4% |
| EBIT Margin | — | — | — | — |
| EBITDA Margin | — | — | — | — |
| Net Margin | +15.6% | +15.7% | +9.6% | +12.1% |
| Effective Tax Rate | -1.6% | -2.3% | -3.8% | +13.5% |
| Growth | ||||
| Revenue Growth | — | +7.6% | +1.4% | +2.2% |
| Net Income Growth | — | +75.9% | -19.7% | +357.7% |
| EPS Growth | — | +73.7% | -21.0% | +352.2% |
| Share Count Change | — | +1.2% | +1.6% | +1.1% |
| Free Cash Flow | ||||
| Free Cash Flow | $12.9B | $12.1B | $12.4B | $12.7B |
| FCF Per Share | $18.17 | $12.76 | $13.23 | $13.76 |
| FCF Margin | +18.7% | +17.9% | +19.8% | +20.5% |
| FCF Growth | — | -2.4% | -2.3% | +39.6% |