Fundies.
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INTERNATIONAL BUSINESS MACHINES CORPORATION

EDGAR
IBM Quarterly report (10-Q) · filed 2026-10-22

629 filing records in this dataset, filed from 1994-03-28 to 2026-10-22. Reported financial figures are available; chart coverage varies by period.

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Watchlist

Latest quarter

Revenue

17.1 billion USD

2026 Q3 · USD

Exact inputs and evidence
  • Revenue: 17103000000 USD Source

Net margin

12.8%

2026 Q3 · %

Exact inputs and evidence
  • Net Income: 2190000000 USD Source
  • Revenue: 17103000000 USD Source

Operating cash flow

4.03 billion USD

2026 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: 11791000000 USD Source
  • Operating Cash Flow: 7766000000 USD Source

Free cash flow

3.69 billion USD

2026 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: 11791000000 USD Source
  • Operating Cash Flow: 7766000000 USD Source
  • Capital Expenditure: 793000000 USD Source
  • Capital Expenditure: 461000000 USD Source
Cash and cash equivalents
9.23 billion USD Source
Exact value

9233000000 USD

Long-term debt including current maturities
62.9 billion Unit_Standard_USD_05DVhkwMR06CKXVnFP2xKQ Source
Exact value

62944000000 Unit_Standard_USD_05DVhkwMR06CKXVnFP2xKQ

Shares outstanding
906 million Unit_Standard_shares_gmdrvvuDjk6lSZeO0nU3fA Source
Exact value

906091977 Unit_Standard_shares_gmdrvvuDjk6lSZeO0nU3fA

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-22.

Financial data available through: 2022-12-31.

Financial coverage is incomplete. Newer filings are recorded, but comparable financial figures for those periods are not available here yet.

Coverage by financial measure
  • Revenue: 3 of 11 periods available· newest 2022-12-31
  • operating income: No compatible figures in this window
  • Net income: 3 of 11 periods available· newest 2022-12-31
  • Operating cash flow: 3 of 11 periods available· newest 2022-12-31
  • Capital expenditure: 3 of 11 periods available· newest 2022-12-31
  • Total assets: Multiple units; comparison withheld· newest 2022-12-31
  • Total liabilities: Multiple units; comparison withheld· newest 2022-12-31
  • Current assets: Multiple units; comparison withheld· newest 2022-12-31
  • Current liabilities: Multiple units; comparison withheld· newest 2022-12-31
  • Cash and cash equivalents: Multiple units; comparison withheld· newest 2022-12-31
  • Long-term debt including current maturities: Multiple units; comparison withheld· newest 2018-12-31
  • Shares outstanding: 1 of 11 periods available· newest 2022-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +5.5%

    Prior period

    Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw 57.35 billion

    –

    Current period

    Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw 60.53 billion

    –

    Exact inputs and evidence

    60530000000 − 57350000000 = 3180000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw

    57350000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw · 2021-01-01 – 2021-12-31

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    60530000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw · 2022-01-01 – 2022-12-31

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  • Net income

    -71.5%

    Prior period

    Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw 5.74 billion

    –

    Current period

    Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw 1.64 billion

    –

    Exact inputs and evidence

    1639000000 − 5743000000 = -4104000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw

    5743000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw · 2021-01-01 – 2021-12-31

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    1639000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw · 2022-01-01 – 2022-12-31

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  • Operating cash flow

    -18.5%

    Prior period

    Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw 12.8 billion

    –

    Current period

    Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw 10.44 billion

    –

    Exact inputs and evidence

    10435000000 − 12796000000 = -2361000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw

    12796000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw · 2021-01-01 – 2021-12-31

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    10435000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw · 2022-01-01 – 2022-12-31

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  • Capital expenditure

    -34.7%

    Prior period

    Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw 2.06 billion

    –

    Current period

    Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw 1.35 billion

    –

    Exact inputs and evidence

    1346000000 − 2062000000 = -716000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw

    2062000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw · 2021-01-01 – 2021-12-31

    Inspect prior input Prior source

    1346000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw · 2022-01-01 – 2022-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2022 2022-01-01 – 2022-12-31

  • Revenue Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw 60.53 billion 100% of revenue
  • Operating costs Derived Unavailable An input is unavailable.
  • Operating income Unavailable An input is unavailable.
  • Tax, interest and other Derived Unavailable An input is unavailable.
  • Net income Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw 1.64 billion 2.7% of revenue

Cash

  • Operating cash flow Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw 10.44 billion 17% of revenue
  • Capital expenditure Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw 1.35 billion 2.2% of revenue
  • Free cash flow Derived Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw 9.09 billion 15% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2020 Not shown: operating income or net income is not reported.
  • 2021 Not shown: operating income or net income is not reported.
  • 2022 Not shown: operating income or net income is not reported.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2020 2020-01-01 – 2020-12-3155179000000 UnavailableUnavailableUnavailable5590000000 15579000000 Derived
Source
2021 2021-01-01 – 2021-12-3157350000000 UnavailableUnavailableUnavailable5743000000 10734000000 Derived
Source
2022 2022-01-01 – 2022-12-3160530000000 UnavailableUnavailableUnavailable1639000000 9089000000 Derived
Source

Amounts are exact, in Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw 60.5B 2022
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.65.4B49.0B32.7B16.3B0.0202020212022
Values and sources
Revenue values and source evidence
PeriodSeriesValue(Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw)Source evidence
2020Revenue55179000000
2021Revenue57350000000
2022Revenue60530000000

Revenue growth

Change in revenue from the same financial period one year earlier.

5.5% 2022
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.6.0%4.5%3.0%1.5%0.0%202020212022
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2020Year over yearNo prior comparable period
2021Year over year3.9%
2022Year over year5.5%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Net margin 2.7% 2022
Free cash flow margin 15% 2022
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.30.5%22.9%15.2%7.6%0.0%2020-12-312021-12-312022-12-31
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2020-12-31Operating marginNot reported
2021-12-31Operating marginNot reported
2022-12-31Operating marginNot reported
2020Net margin10.1%
2021Net margin10%
2022Net margin2.7%
2020Free cash flow margin28.2%
2021Free cash flow margin18.7%
2022Free cash flow margin15%

Operating cash flow

Cash generated by the company’s normal business operations.

Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw 10.4B 2022
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.19.7B14.7B9.8B4.9B0.0202020212022
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw)Source evidence
2020Operating cash flow18197000000
2021Operating cash flow12796000000
2022Operating cash flow10435000000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw 9.1B 2022
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.16.8B12.6B8.4B4.2B0.0202020212022
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw)Source evidence
2020Free cash flow15579000000
2021Free cash flow10734000000
2022Free cash flow9089000000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

Not enough comparable data to show this history.
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2020-12-31Liabilities / assetsNot reportedNo source recorded
2021-12-31Liabilities / assetsNot reportedNo source recorded
2022-12-31Liabilities / assetsNot reportedNo source recorded

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2020-12-31Current assets / current liabilitiesNot reportedNo source recorded
2021-12-31Current assets / current liabilitiesNot reportedNo source recorded
2022-12-31Current assets / current liabilitiesNot reportedNo source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2020 2020-01-01 – 2020-12-31
Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw 5.59 billion
Exact value

Exact value: 5590000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw

2020-01-01 – 2020-12-31: 5590000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw Inspect Net Income Open source
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Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw 18.2 billion
Exact value

Exact value: 18197000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw

2020-01-01 – 2020-12-31: 18197000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw Inspect Operating Cash Flow Open source
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Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw 2.62 billion
Exact value

Exact value: 2618000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw

2020-01-01 – 2020-12-31: 2618000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw Inspect Capital Expenditure Open source
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Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw 15.58 billion
Calculation and evidence

18197000000 − 2618000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw

Exact free cash flow: 15579000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw

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2021 2021-01-01 – 2021-12-31
Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw 5.74 billion
Exact value

Exact value: 5743000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw

2021-01-01 – 2021-12-31: 5743000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw Inspect Net Income Open source
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Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw 12.8 billion
Exact value

Exact value: 12796000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw

2021-01-01 – 2021-12-31: 12796000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw Inspect Operating Cash Flow Open source
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Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw 2.06 billion
Exact value

Exact value: 2062000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw

2021-01-01 – 2021-12-31: 2062000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw Inspect Capital Expenditure Open source
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Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw 10.73 billion
Calculation and evidence

12796000000 − 2062000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw

Exact free cash flow: 10734000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw

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2022 2022-01-01 – 2022-12-31
Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw 1.64 billion
Exact value

Exact value: 1639000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw

2022-01-01 – 2022-12-31: 1639000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw Inspect Net Income Open source
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Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw 10.44 billion
Exact value

Exact value: 10435000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw

2022-01-01 – 2022-12-31: 10435000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw Inspect Operating Cash Flow Open source
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Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw 1.35 billion
Exact value

Exact value: 1346000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw

2022-01-01 – 2022-12-31: 1346000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw Inspect Capital Expenditure Open source
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Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw 9.09 billion
Calculation and evidence

10435000000 − 1346000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw

Exact free cash flow: 9089000000 Unit_Standard_USD_V0S28s59cUiaBq97g8Wwbw

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

629 filings · 16,948 latest values · 16,948 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0000051143, 51143, IBM, edgar:51143

Also known as INTERNATIONAL BUSINESS MACHINES CORP, INTERNATIONAL BUSINESS MACHINES CORPORATION