NYSE:IBM
International Business Machines Corp.
International Business Machines Corp.'s revenue grew 7.6% in fiscal 2025 to $67.5B. Free cash flow was $12.1B, 17.9% of revenue, and the diluted share count rose 1.2%.Summary generated from International Business Machines Corp.'s SEC filings. Latest annual report filed Feb 24, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$67.5B
Revenue growth+7.6%
Revenue, 5-yr CAGR+4.1%
Gross margin58.2%
Operating marginn/a
Net margin15.7%
ROICn/a
Return on equity35.3%
Debt / equity1.88
Free cash flow$12.1B
FCF margin17.9%
Share count change+1.2%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 57.4 | 60.5 | 61.9 | 62.8 | 67.5 |
| Operating income | n/a | n/a | n/a | n/a | n/a |
| Net income | 5.7 | 1.6 | 7.5 | 6.0 | 10.6 |
| Free cash flow | 10.7 | 9.1 | 12.7 | 12.4 | 12.1 |
Recent filings
- 4Insider transaction report
Oct 1, 2026 - 4Insider transaction report
Oct 1, 2026 - 8-KDirector or officer change
Oct 1, 2026 - 8-KCurrent report
Aug 14, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Jul 23, 2026 - 8-KResults of operations and financial condition
Jul 22, 2026 - 8-KResults of operations and financial condition
Jul 14, 2026 - 8-KEntry into a material agreement
Jun 23, 2026