International Business Machines Corporation

IBM Technology Information Technology Services

International Business Machines Corporation’s revenue for fiscal 2025 (year ended December 2025) was $67.5 billion, up 7.62% from fiscal 2024.

Revenue
+4.73%
EPS
+24.1%
Free cash flow
+31.3%
Total debt
+1.11%

Quarter to September 2026, against a year earlier

248.25 6.07 −2.39%
Market cap
$233.6B
P/E
20.9×
Fwd P/E
25.8×
Dividend yield
2.72%
F-score
6/9
Altman Z
3.49
Beneish M
−2.41
Dividend safety
64/100

International Business Machines Corporation (IBM) SEC filings, changes and red flags

Red flags

Filings

Form Period Filed What it reports Flags
10-Q Sep 30, 2026 P1I2: 21 added · 27 removed · 64 modified
P2I1A: no comparison — the Item was not found
8-K Oct 21, 2026 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
8-K Oct 1, 2026 5.02 Departure or appointment of directors or officers; 5.03 Amendments to the articles or bylaws; change in fiscal year; 9.01 Financial statements and exhibits
8-K Aug 10, 2026 9.01 Financial statements and exhibits
10-Q Jun 30, 2026 P1I2: 59 added · 17 removed · 66 modified
P2I1A: no comparison — the Item was not found
Inventory outpacing revenue
8-K Jul 22, 2026 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
8-K Jul 14, 2026 2.02 Results of operations and financial condition; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits
8-K Jun 22, 2026 1.01 Entry into a material definitive agreement; 2.03 Creation of a direct financial obligation; 9.01 Financial statements and exhibits
8-K May 28, 2026 7.01 Regulation FD disclosure
8-K Apr 28, 2026 5.02 Departure or appointment of directors or officers; 5.03 Amendments to the articles or bylaws; change in fiscal year; 5.07 Submission of matters to a vote of security holders Officer departure
10-Q Mar 31, 2026
8-K Apr 22, 2026 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
8-K Mar 1, 2026 5.03 Amendments to the articles or bylaws; change in fiscal year; 9.01 Financial statements and exhibits
10-K Dec 31, 2025 1: 6 modified
1A: 13 modified
7: no comparison — incorporated by reference
8-K Jan 29, 2026 9.01 Financial statements and exhibits
8-K Jan 27, 2026 5.02 Departure or appointment of directors or officers; 9.01 Financial statements and exhibits
8-K Jan 28, 2026 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
10-Q Sep 30, 2025
8-K Oct 22, 2025 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits
8-K Oct 22, 2025 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
10-Q Jun 30, 2025
8-K Jul 23, 2025 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
10-Q Mar 31, 2025
8-K Apr 23, 2025 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
10-K Dec 31, 2024
8-K Jan 29, 2025 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
10-Q Sep 30, 2024
8-K Oct 23, 2024 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
10-Q Jun 30, 2024
8-K Jul 24, 2024 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
8-K Apr 24, 2024 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
8-K Jan 24, 2024 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits

From the company’s filings on sec.gov. Red flags are raised by rules over the filings’ own data and text; they are not investment advice.