IBM

INTERNATIONAL BUSINESS MACHINES CORP

Ticker: IBMIndustrialsIndustrial MachineryS&P 500
HQ ARMONK, NYCIK 51143FY end 12-31Book / share $36.16Shares 953M
Revenue (FY)
$67.53B+7.62%
TTM $69.09B
Op. margin
18.16%+6.19%
TTM 17.90%
Net income
$10.59B+75.88%
TTM $10.72B
Operating cash
$13.19B-1.87%
TTM $14.89B
Free cash flow
$11.46B-2.59%
TTM $13.14B
Return on equity
32.45%+10.39%
TTM 31.13%
Debt / equity
1.88-0.14%
TTM 1.80
Shares outstanding
948.7M+1.23%
TTM 952.7M

The business

International Business Machines Corporation (NYSE: IBM) is a global technology and consulting company that provides hardware, software, and services to enterprises and governments worldwide. The company operates through multiple business segments delivering integrated technology solutions across infrastructure, software, consulting, and financing services. IBM's portfolio includes enterprise servers, storage systems, middleware software, cloud computing platforms, artificial intelligence capabilities, and professional services spanning strategy, implementation, and managed services.

The company maintains a significant global footprint with operations across North America, Europe, Asia-Pacific, and other international markets, serving thousands of enterprise customers including Fortune 500 companies, government agencies, and financial institutions. IBM's business model combines recurring revenue from software licenses and managed services with project-based consulting engagements and hardware sales, creating a diversified revenue stream. The company leverages its extensive intellectual property portfolio, including patents and trademarks, to maintain competitive advantages in enterprise technology markets.

IBM's capital structure reflects its mature, established position in the technology industry. As of December 31, 2025, the company had 2,290,618,523 shares of capital stock issued with 936,952,129 shares outstanding, each with a par value of $0.20. The company is authorized to issue up to 4,687,500,000 shares of capital stock. IBM maintains an active debt program with multiple series of notes and debentures outstanding, ranging from short-term obligations due in 2026 through long-term debentures maturing in 2096. These debt securities are issued under a senior indenture and listed on the New York Stock Exchange, providing the company with diverse financing options across multiple currencies including U.S. dollars, euros, and Japanese yen.

The company's website is www.ibm.com, where additional information about its products, services, and investor relations materials can be accessed.

Sector
Industrials
Industry
Industrial Machinery
HQ
ARMONK, NY
FY end
12-31
CIK
51143
SIC
3570
Financial performance · annual
20132025
$-9.98B$19.95B$49.88B$79.80B$109.73B2013201420152016201720182019202020212022202320242025TTMTTMTTM

Ownership

Who holds INTERNATIONAL BUSINESS MACHINES CORP — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

1.1K
funds hold it
0 of 35
superinvestors hold it
$65.92B
fund-held value
25.7%
of shares held by funds
63
bond issues held by funds

Top fund holders

Fund% of fundValue
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.37%$8.39B
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.41%$6.85B
iShares Core S&P 500 ETF
IVV · iShares Trust
0.41%$3.64B
Fidelity 500 Index Fund
FXAIX · Fidelity Concord Street Trust
0.43%$3.56B
State Street(R) SPDR(R) S&P 500(R) ETF Trust
SPY
0.41%$3.20B

Bonds held by funds

Funds report holding 63 issues of INTERNATIONAL BUSINESS MACHINES CORP's debt, $4.06B at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 4.22%, maturing 20262096.

IssueCouponMaturesFundsFund-held
International Business Machines Corp3.500%2029-05-1570$363.87M
International Business Machines Corp.1.950%2030-05-1557$219.29M
IBM CORP4.150%2039-05-1561$196.37M
International Business Machines Corp.3.300%2026-05-1513$183.93M
International Business Machines Corp4.950%2036-02-0366$183.70M
International Business Machines Corp4.650%2028-02-1055$182.58M
IBM CORPORATION 4.25% 05/15/20494.250%2049-05-1555$169.39M
International Business Machines Corp4.000%2029-02-0350$149.64M
International Business Machines Corp.4.500%2028-02-0641$141.84M
INTERNATIONAL BUSINESS MACHINES CORP4.300%2031-02-0349$140.93M

The 10 largest by fund-held value, of 63.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Go deeper in your own AI

15 years of statements, narrative and filings — queryable over MCP.

Read IBM's last four 10-Qs: what changed in segment trends, margins and management's narrative?
Run in your AI →

Professionals can also use the built-in AI chat (subscription + your own Anthropic key).

15 years of INTERNATIONAL BUSINESS MACHINES CORP's financials

Income statement, balance sheet and cash flow across 15 years, every filing with its disclosures, and each number traceable to the filing it came from — free with an account, no card required.

Sign in free