What does europe/middle east/africa — amortized cost mean?

This represents the gross carrying amount of financing receivables and net investments in leases within the EMEA region, before accounting for credit loss allowances. It measures the total outstanding balance owed to IBM by clients under financing arrangements.

International Business Machines (IBM) Europe/Middle East/Africa — Amortized cost

Screener

Other geography segments

Americas

$6.76B—

Asia Pacific

$1.58B—

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OBTAmortized cost

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BSBKAmortized cost

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BOTJAmortized cost

$89.56M+15.1%

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:NotesReceivableAndNetInvestmentInLeaseTotalAmortizedCost.

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:	Americas	EMEA	Asia Pacific	Total
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)
Recoveries	0	0	—	0
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 europe/middle east/africa — amortized cost?: International Business Machines (IBM) reported europe/middle east/africa — amortized cost of $4B in Q1 2026.
What does europe/middle east/africa — amortized cost mean?: This represents the gross carrying amount of financing receivables and net investments in leases within the EMEA region, before accounting for credit loss allowances. It measures the total outstanding balance owed to IBM by clients under financing arrangements.