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Other financials

Income statement

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Revenue$15.9B+9.5%
Gross profit$9.9B-0.7%
Net income$1.2B+15.3%
EPS (diluted)$2.27-1.7%

Balance sheet

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Cash & equivalents$10.9B-2.7%
Total debt$77.4B+4.9%
Total equity$33.0B+22.7%
Total assets$156.23B+7.3%

Cash flow

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Operating cash flow$2.6B+52.7%
CapEx-$975.0M-564%
Free cash flow$1.6B+8.8%

Valuation

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Market cap$222.27B-5.4%
Enterprise value$288.76B+0.3%

Profitability

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Gross margin58.4%+1.3pp
Net margin15.6%+6.9pp
FCF margin18.7%-1.3pp

Returns & leverage

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Return on equity35.9%+14.1pp
Debt / equity2.3×-0.4×
Current ratio0.8×-0.2×

Where this comes from

Reported directly by International Business Machines in its filing.

Tagged under the XBRL concept ibm:FinancingReceivableAndNetInvestmentInLeaseAllowanceForCreditLossesOther.

The source filing: International Business Machines’s 10-Q, filed April 23, 2026.

Filed
Apr 23, 2026, 6:22 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000051143-26-000038
($ in millions) / At March 31, 2026:AmericasEMEAAsia PacificTotal
Amortized cost$6,761$3,998$1,575$12,334
Allowance for credit losses:
Beginning balance at January 1, 2026$69$60$7$136
Write-offs(5)0(5)
Recoveries000
Additions/(releases)1(8)0(7)
Other (1)0(1)0(1)
Ending balance at March 31, 2026$66$51$7$123

Item 1. Consolidated Financial Statements (Unaudited)

FAQ

What is International Business Machines's americas — other?
International Business Machines (IBM) reported americas — other of $0 in Q1 2026.
How has International Business Machines's americas — other changed year-over-year?
International Business Machines's americas — other decreased by 100.0% year-over-year, from $1.75M to $0.
What does americas — other mean?
This captures miscellaneous adjustments to the allowance for credit losses that do not fall under standard write-offs, recoveries, or periodic provisions. It may include foreign exchange impacts or portfolio transfers.

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