FN2 Earnings Intelligence
International Business Machines Corporation financials (quarterly)
International Business Machines Corporation (IBM) Key Stats (quarterly) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 | 6/30/2026 | 9/30/2026 est. | 12/30/2026 est. |
|---|---|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - | - | - |
| - Cash | $11,035 | $11,943 | $11,569 | $10,819 | $7,172 | - | - |
| + Debt | $63,284 | $64,164 | $63,116 | $66,361 | $61,987 | - | - |
| Enterprise Value | - | - | - | - | - | - | - |
| Revenue | $14,541 | $16,977 | $16,331 | $15,917 | $17,162 | $16,842.1 | $20,471 |
| % Growth | - | - | - | - | - | 3.1% | - |
| Gross Profit | $8,031 | $9,977 | $9,360 | $8,950 | $9,907 | - | - |
| % Margin | 55.2% | 58.8% | 57.3% | 56.2% | 57.7% | - | - |
| EBITDA | - | - | - | - | - | - | - |
| % Margin | - | - | - | - | - | - | - |
| Net Income | $1,055 | $2,194 | $1,744 | $1,216 | $2,165 | - | - |
| % Margin | 7.3% | 12.9% | 10.7% | 7.6% | 12.6% | - | - |
| Diluted EPS | $1.12 | $2.31 | $1.84 | $1.28 | $2.27 | $2.89 | $4.59 |
| % Growth | - | - | - | - | - | 57.0% | - |
| Operating Cash Flow | $4,370 | - | - | $5,169 | - | - | - |
| CapEx | $244 | - | - | $232 | - | - | - |
| Free Cash Flow | $4,126 | - | - | $4,937 | - | - | - |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 | 6/30/2026 | 9/30/2026 est. | 12/30/2026 est. |
|---|---|---|---|---|---|---|---|
| Revenue | $14,541 | $16,977 | $16,331 | $15,917 | $17,162 | $16,842.1 | $20,471 |
| Gross Profit | $8,031 | $9,977 | $9,360 | $8,950 | $9,907 | - | - |
| EBITDA | - | - | - | - | - | - | - |
| Net Income | $1,055 | $2,194 | $1,744 | $1,216 | $2,165 | - | - |
| Diluted EPS | $1.12 | $2.31 | $1.84 | $1.28 | $2.27 | $2.89 | $4.59 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 | 6/30/2026 |
|---|---|---|---|---|---|
| Cash & Equivalents | $11,035 | $11,943 | $11,569 | $10,819 | $7,172 |
| Short-term Debt | $6,913 | $8,945 | $7,942 | $8,655 | $5,775 |
| Long-term Debt | $56,371 | $55,219 | $55,174 | $57,706 | $56,212 |
| Total Debt | $63,284 | $64,164 | $63,116 | $66,361 | $61,987 |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 | 6/30/2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | $4,370 | - | - | $5,169 | - |
| Capital Expenditure | $244 | - | - | $232 | - |
| Free Cash Flow | $4,126 | - | - | $4,937 | - |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 | 6/30/2026 |
|---|---|---|---|---|---|
| Revenue Growth | - | - | - | - | - |
| Gross Margin | 55.2% | 58.8% | 57.3% | 56.2% | 57.7% |
| EBITDA Margin | - | - | - | - | - |
| Net Margin | 7.3% | 12.9% | 10.7% | 7.6% | 12.6% |
| FCF Margin | 28.4% | - | - | 31.0% | - |
| Diluted EPS Growth | - | - | - | - | - |