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International Business Machines

IBMNYSEStock Fundamentals

IBM is a global technology leader focused on the intersection of business insight and technological innovation, primarily through its hybrid cloud and artificial intelligence (AI) platforms. The company helps enterprise clients modernize applications, reimagine workflows, and drive digital transformation by integrating software, consulting, and mission-critical infrastructure. IBM leverages its extensive research capabilities and industry expertise to deliver end-to-end business outcomes in a highly competitive global market.

Market Cap$237.76B
Revenue TTM$68.9B
Net Income TTM$10.8B
P/E Ratio22.11
Net Margin15.61%
EPS TTM$11.33
Free Cash Flow TTM$12.9B
Employees282.2K
CEOArvind Krishna
CountryUnited States of America
Technology
Information Technology Services
SegmentsInformation Technology Services, Software, Cloud Computing, Artificial Intelligence
Business ModelsB2B, Subscription SaaS, Professional Services, Hardware Sales, Financial Services
Most Recent EarningsApr 22, 2026 · 1 month 3 days agoQ1 2026
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Next EarningsJul 22, 2026 · in 2 monthsAfter Market Close · Q2 2026

Financials

Based on Q1 2026 filing

Gross Margin58.36%
ROE35.93%
D/E260.84%
Current Ratio0.796
Total Debt$86.0B
Cash$10.9B
CapEx TTM$1.1B

Gross Profit

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Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

Software

primary

Provides hybrid cloud and AI platforms that allow clients to manage data and applications across diverse environments. This segment focuses on digital transformation and operational agility through advanced automation and data tools.

Products

Hybrid Cloud Platform, AI Platforms, Data and Automation Software

Customers

Enterprise corporations, Government agencies, Global organizations

Consulting

major

Integrates strategy, experience design, and technology operations to deliver business transformation. It focuses on systems integration, application development, and business process outsourcing using IBM technology and partner ecosystems.

Products

Business Transformation Services, Technology Consulting, Application Operations

Customers

Global enterprises, Public sector entities

Infrastructure

major

Delivers on-premises and cloud-based server and storage solutions designed for security, scalability, and reliability. This segment supports mission-critical workloads and AI-driven infrastructure requirements.

Products

IBM Z, Power Servers, Storage Systems, Hybrid Cloud Infrastructure Services

Customers

Financial institutions, Large-scale data centers, Regulated industries

Financing

moderate

Facilitates the acquisition of IBM hardware, software, and services through client and commercial financing. It manages credit and residual value risk to provide flexible contract terms for IT investments.

Products

Client Financing, Commercial Financing, IT Life-cycle Services

Customers

IBM channel partners, Enterprise clients

Business Overview

Competitive Position

IBM is a leading provider of hybrid cloud and AI solutions, differentiating itself through deep industry incumbency, a massive patent portfolio, and a unique integration of consulting and proprietary technology.

Geographies

Global, North America, Europe, Asia-Pacific

Customer Segments

Fortune 500, Government, Financial Services, Global Enterprises

Upstream Dependencies

Semiconductor manufacturers, Original Device Manufacturers (ODMs), Software developers, Specialized talent and researchers

Downstream Customers

Global 2000 companies, Public sector organizations, Financial institutions, Healthcare providers

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International Business Machines FAQ

Common questions about International Business Machines

IBM is a global technology leader focused on the intersection of business insight and technological innovation, primarily through its hybrid cloud and artificial intelligence (AI) platforms. The company helps enterprise clients modernize applications, reimagine workflows, and drive digital transformation by integrating software, consulting, and mission-critical infrastructure. IBM leverages its extensive research capabilities and industry expertise to deliver end-to-end business outcomes in a highly competitive global market.

International Business Machines (IBM) has a market capitalization of $237.76B and trades on NYSE.

International Business Machines generated $68.9B in trailing twelve-month revenue with net income of $10.8B, representing a net margin of 15.6%. Gross margin stands at 58.4%, with free cash flow of $12.9B. These figures are based on the Q1 2026 filing.

International Business Machines's key competitors include Accenture, Hewlett-Packard Enterprise (HPE), Dell Technologies, and others. These companies compete in similar markets and product categories.

International Business Machines has approximately 282,200 employees.