INTERNATIONAL BUSINESS MACHINES CORP (IBM) stock fundamentals
INTERNATIONAL BUSINESS MACHINES CORP (IBM) reported $67.5B in revenue and $10.6B in net income in fiscal 2025, a 15.7% net margin, per its latest SEC 10-K filing. It carries a market capitalization of about $270.3B at a delayed share price. It scores 50/100 on WealthyBud's Investor Score, ranking #44 of 100 covered companies. Score is research, not investment advice.
EPReviewed by Elena Park Licensed Real Estate Broker
Published May 20, 2026 · Updated July 8, 2026
Revenue (FY2025)
$67.5B
▲ +7.6% YoY
Net income
$10.6B
15.7% net margin
Market cap
$270.3B
Price $287.56 · delayed
P/E ratio
25.5
Price / earnings
Return on equity
32%
Net income / equity
Investor Score
50/100
#44 of 100 covered
INTERNATIONAL BUSINESS MACHINES CORP fundamentals at a glance
The table summarizes INTERNATIONAL BUSINESS MACHINES CORP's key financial figures for fiscal 2025 — revenue, profitability, returns, growth and balance-sheet strength — each taken from the company's SEC 10-K filing.
INTERNATIONAL BUSINESS MACHINES CORP (IBM) fundamentals — FY2025, from SEC 10-K
Metric
Value
Detail
Revenue
$67.5B
+7.6% YoY
Net income
$10.6B
15.7% margin
Gross margin
58.2%
Gross profit / revenue
Operating margin
n/a
Operating income / revenue
Return on equity
32%
Net income / equity
Return on assets
7%
Net income / assets
Revenue growth (YoY)
+7.6%
FY2024 to FY2025
Revenue 3-yr CAGR
+3.7%
Compound annual
Diluted EPS
$11.36
FY2025
Debt-to-equity
1.67
Long-term debt / equity
Current ratio
0.96
Current assets / liabilities
Cash & equivalents
$13.6B
Balance sheet
Total assets
$151.9B
FY2025 year-end
Shareholders’ equity
$32.7B
FY2025 year-end
Share price
$287.56
Delayed · 2026-07-10
Market cap
$270.3B
Price × shares outstanding
P/E ratio
25.5
Market cap / net income
P/S ratio
4.0
Market cap / revenue
Dividend yield
2.33%
Dividend / price
How profitable is INTERNATIONAL BUSINESS MACHINES CORP?
INTERNATIONAL BUSINESS MACHINES CORP runs a 15.7% net margin and 58.2% gross margin in fiscal 2025, turning $67.5B of revenue into $10.6B of profit. Return on equity is 32% and return on assets 7%.
Is INTERNATIONAL BUSINESS MACHINES CORP growing?
INTERNATIONAL BUSINESS MACHINES CORP's revenue changed +7.6% in fiscal 2025 and compounded at +3.7% a year over three years, reaching $67.5B. Diluted earnings per share were $11.36 for the year.
INTERNATIONAL BUSINESS MACHINES CORP annual revenue, 2021–2025
Fiscal year
Revenue
Growth
2021
$57.4B
n/a
2022
$60.5B
+5.5%
2023
$61.9B
+2.2%
2024
$62.8B
+1.4%
2025
$67.5B
+7.6%
How is INTERNATIONAL BUSINESS MACHINES CORP valued?
INTERNATIONAL BUSINESS MACHINES CORP carries a market capitalization of $270.3B at a delayed share price of $287.56, trading at a 25.5 price-to-earnings ratio and 4.0 price-to-sales with a 2.33% dividend yield. Its Value subscore is 57/100 across the covered universe.
How financially healthy is INTERNATIONAL BUSINESS MACHINES CORP?
INTERNATIONAL BUSINESS MACHINES CORP ended fiscal 2025 with $13.6B in cash, a debt-to-equity ratio of 1.67 and a current ratio of 0.96. Lower leverage and a current ratio above 1.0 signal a stronger balance sheet.
What is INTERNATIONAL BUSINESS MACHINES CORP's Investor Score?
INTERNATIONAL BUSINESS MACHINES CORP scores 50/100 on WealthyBud's Investor Score, #44 of 100 covered companies as of 2026-07-10. The score blends growth, profitability, returns on capital, balance-sheet strength and value into one percentile. It is a research opinion, not investment advice.
Investor Score
50/100
#44 of 100 covered companies
Growth
61
Profitability
48
Returns on capital
54
Balance-sheet strength
24
Value (valuation)
57
Subscores are percentile ranks (0–100)
across the 100 covered companies, computed from the SEC fundamentals and delayed market price cited on this
page. Data-derived opinion, not investment advice.
INTERNATIONAL BUSINESS MACHINES CORP (IBM) stock FAQ
How much revenue does INTERNATIONAL BUSINESS MACHINES CORP make?
INTERNATIONAL BUSINESS MACHINES CORP (IBM) reported $67.5B in revenue in fiscal 2025, +7.6% versus the prior year, according to its SEC 10-K filing. Over the past three years its revenue has compounded at +3.7% a year.
Is INTERNATIONAL BUSINESS MACHINES CORP profitable?
Yes. INTERNATIONAL BUSINESS MACHINES CORP earned $10.6B in net income in fiscal 2025, a 15.7% net margin. Its return on equity was 32% and return on assets 7%, based on figures from its latest 10-K.
How fast is INTERNATIONAL BUSINESS MACHINES CORP growing?
INTERNATIONAL BUSINESS MACHINES CORP's revenue changed +7.6% year over year in fiscal 2025 and compounded at +3.7% annually over three years. Growth is one of four inputs to its WealthyBud Investor Score, scored 61/100 versus the covered universe.
What is INTERNATIONAL BUSINESS MACHINES CORP's market cap and P/E ratio?
INTERNATIONAL BUSINESS MACHINES CORP has a market capitalization of $270.3B at a delayed share price of $287.56, trading at a price-to-earnings ratio of 25.5 and price-to-sales of 4.0. Its dividend yield is 2.33%. Prices are delayed and illustrative.
What is INTERNATIONAL BUSINESS MACHINES CORP's WealthyBud Investor Score?
INTERNATIONAL BUSINESS MACHINES CORP scores 50/100, ranking #44 of 100 covered companies as of 2026-07-10. The score is a percentile blend of growth (61), profitability (48), returns on capital (54), balance-sheet strength (24) and value (57). It is a research opinion, not investment advice.
Where does this INTERNATIONAL BUSINESS MACHINES CORP financial data come from?
Fundamentals come from INTERNATIONAL BUSINESS MACHINES CORP's annual report (Form 10-K) filed with the SEC, via the public-domain EDGAR database. The share price used for market cap, P/E and yield is a delayed end-of-day quote, shown as illustrative; a production site would use a licensed real-time market-data feed.
Fundamentals are drawn from INTERNATIONAL BUSINESS MACHINES CORP’s FY2025 Form 10-K filed with the
SEC (EDGAR, public domain), retrieved 2026-07-10. Share price is a delayed end-of-day quote; market cap, P/E, P/S
and dividend yield are illustrative and not real-time. The Investor Score is a data-derived research opinion.
Not investment advice.
Marcus Bell leads market and career research at WealthyBud, turning public housing and labor data into plain-English answers for investors and agents. He focuses on U.S. metro housing markets, agent economics and licensing.