Stock fundamentals · FY2025 · SEC 10-K data

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, including $22.0M from discontinued operations; its net margin on continuing operations was 15.7%, per its latest SEC 10-K filing. It carries a market capitalization of about $209.1B at a delayed share price. It scores 53/100 on WealthyBud's Investor Score, ranking #40 of 103 covered companies. Score is research, not investment advice.

Revenue (FY2025)
$67.5B
▲ +7.6% YoY
Net income
$10.6B
15.7% net margin on continuing operations
Market cap
$209.1B
Price $221.99 · delayed
P/E ratio
19.8
Price / earnings
Return on equity
32%
Net income / equity
Investor Score
53/100
#40 of 103 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
MetricValueDetail
Revenue$67.5B+7.6% YoY
Net income$10.6B15.7% margin on continuing operations
Income from continuing operations$10.6BNet income including $22.0M from discontinued operations; basis for net margin and P/E
Gross margin58.2%Gross profit / revenue
Operating marginn/aNo operating income line in the SEC data
Return on equity32%Net income / equity
Return on assets7%Net income / assets
Revenue growth (YoY)+7.6%FY2024 to FY2025
Revenue 3-yr CAGR+3.7%Compound annual
Diluted EPS$11.17FY2025
Debt-to-equity1.68Long-term debt / equity
Current ratio0.96Current assets / liabilities
Cash & equivalents$13.6BBalance sheet
Total assets$151.9BFY2025 year-end
Shareholders’ equity$32.6BFY2025 year-end
Share price$221.99Delayed · 2026-10-02
Market cap$209.1BPrice × shares outstanding
P/E ratio19.8Market cap / income from continuing operations
P/S ratio3.1Market cap / revenue
Dividend yield3.02%Dividend / price

How profitable is INTERNATIONAL BUSINESS MACHINES CORP?

INTERNATIONAL BUSINESS MACHINES CORP posted a 15.7% net margin on continuing operations and a 58.2% gross margin in fiscal 2025, turning $67.5B of revenue into $10.6B of income from continuing operations. Its return on equity was 32% and its 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 $11.17 for the year.

INTERNATIONAL BUSINESS MACHINES CORP annual revenue, 2021–2025
Fiscal yearRevenueGrowth
2021$57.4BFirst year shown
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 $209.1B at a delayed share price of $221.99. It trades at 19.8 times continuing-operations earnings and 3.1 times sales. Its dividend yield is 3.02%. Its Value subscore is 73/100 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 1.68 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 53/100 on WealthyBud's Investor Score, #40 of 103 covered companies as of 2026-10-02. 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
53/100
#40 of 103 covered companies
Growth
60
Profitability
48
Returns on capital
56
Balance-sheet strength
24
Value (valuation)
73

Subscores are percentile ranks (0–100) across the 103 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. Its revenue compounded at +3.7% a year over three years.
Is INTERNATIONAL BUSINESS MACHINES CORP profitable?
Yes. INTERNATIONAL BUSINESS MACHINES CORP reported $10.6B of net income in fiscal 2025, including $22.0M from discontinued operations. Income from continuing operations was $10.6B, a 15.7% net margin. Its return on equity was 32% and its return on assets 7%. These figures come 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% a year over three years. Growth is one of five inputs to its WealthyBud Investor Score, scored 60/100 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 $209.1B at a delayed share price of $221.99. It trades at 19.8 times continuing-operations earnings and 3.1 times sales. Its dividend yield is 3.02%. Prices are delayed and illustrative.
What is INTERNATIONAL BUSINESS MACHINES CORP's WealthyBud Investor Score?
INTERNATIONAL BUSINESS MACHINES CORP scores 53/100, ranking #40 of 103 covered companies as of 2026-10-02. The score is a percentile blend of growth (60), profitability (48), returns on capital (56), balance-sheet strength (24) and value (73). 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 2026-10-02. 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.

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Colin Braithwaite Fundamental Analyst

Colin Braithwaite is a fundamental analyst who covers mid-cap industrial and materials companies, focusing on balance-sheet strength and earnings durability. He builds his models from public 10-K and 10-Q filings.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.