NYSE

INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Computer & office Equipment

Public float: $274.5B
Shares outstanding: 942.13M

Business

International Business Machines Corporation (IBM or the company) was incorporated in the State of New York on June 16, 1911, as the Computing-Tabulating-Recording Co. (C-T-R), a consolidation of the Computing Scale Co. of America, the Tabulating Machine Co. and The International Time Recording Co. of New York. Since that time, IBM has focused on the intersection of business insight and technological innovation, and its operations and aims have been international in nature. This was signaled over 100 years ago, in 1924, when C-T-R changed its name to International Business Machines Corporation. And it continues today—we create sustained value for clients by helping them leverage the power of hybrid cloud and artificial intelligence (AI). Our hybrid cloud platform and AI technology support clients’ digital transformations and helps them reimagine critical workflows, at scale, and modernize applications to increase agility, drive innovation and create operational efficiencies. Our offerings draw from leading IBM capabilities in software, consulting services capability to deliver business outcomes, and deep incumbency in mission-critical infrastructure, all bolstered by one of the worl

From the company’s Form 10-K filed Feb 24, 2026.

Company data reported to the SEC on EDGAR (CIK 51143).

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As filed with the SEC (10-K), annual, the latest 2 fiscal years.

Line item	FY2024Dec 31, 2024	FY2025Dec 31, 2025
Revenue	62.75B	67.53B
Cost	27.20B	28.24B
Gross profit	35.55B	39.30B
Selling, general and administrative	19.69B	20.12B
Research and development	7.48B	8.32B
Intellectual property and custom development income	−996.00M	−964.00M
Other (income) and expense	1.87B	−442.00M
Interest expense	1.71B	1.94B
Total expense and other (income)	29.75B	28.97B
Income from continuing operations before income taxes	5.80B	10.33B
Provision for/(benefit from) income taxes	−218.00M	−242.00M
Income from continuing operations	6.01B	10.57B
Income/(loss) from discontinued operations, net of tax	8.00M	22.00M
Net income	6.02B	10.59B
Continuing operations (in dollars per share)	6.42	11.14
Discontinued operations (in dollars per share)	0.01	0.02
Total (in dollars per share)	6.43	11.17
Continuing operations (in dollars per share)	6.53	11.34
Discontinued operations (in dollars per share)	0.01	0.02
Total (in dollars per share)	6.53	11.36
Assuming dilution (in shares)	937.16M	948.68M
Basic (in shares)	921.77M	932.29M

17 more fiscal years, every quarter, normalized and segment views

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