international business machines corp. - IBM

IBM

Close Chg Chg %
237.14 -5.66 -2.39%

Open Market

231.48

-5.66 (2.39%)

Volume: 3.57M

Last Updated:

Apr 10, 2026, 3:30 PM EDT

Company Overview: international business machines corp. - IBM

IBM Key Data

Open

$238.50

Day Range

230.51 - 239.27

52 Week Range

220.72 - 324.90

Market Cap

$222.48B

Shares Outstanding

938.03M

Public Float

936.99M

Beta

0.68

Rev. Per Employee

N/A

P/E Ratio

21.24

EPS

$11.34

Yield

283.33%

Dividend

$1.68

EX-DIVIDEND DATE

Feb 10, 2026

SHORT INTEREST

N/A

AVERAGE VOLUME

4.76M

 

IBM Performance

1 Week
 
-4.42%
 
1 Month
 
-3.69%
 
3 Months
 
-22.04%
 
1 Year
 
0.72%
 
5 Years
 
74.74%
 

IBM Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 23
Full Ratings ➔
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for International Business Machines Corp. - IBM

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
60.53B 61.86B 62.75B 67.54B
Sales Growth
+5.54% +2.20% +1.44% +7.62%
Cost of Goods Sold (COGS) incl D&A
29.23B 28.36B 27.63B 28.67B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
4.80B 4.40B 4.67B 5.02B
Depreciation
2.41B 2.11B 2.17B 2.28B
Amortization of Intangibles
2.40B 2.29B 2.50B 2.74B
COGS Growth
+10.12% -2.96% -2.57% +3.75%
Gross Income
31.30B 33.50B 35.12B 38.87B
Gross Income Growth
+1.60% +7.02% +4.84% +10.67%
Gross Profit Margin
+51.71% +54.15% +55.96% +57.55%
2022 2023 2024 2025 5-year trend
SG&A Expense
23.54B 23.00B 24.42B 24.76B
Research & Development
6.27B 6.34B 7.48B 8.31B
Other SG&A
17.27B 16.65B 16.94B 16.45B
SGA Growth
-1.05% -2.30% +6.21% +1.38%
Other Operating Expense
- - - -
-
Unusual Expense
1.57B 2.06B 3.50B 2.82B
EBIT after Unusual Expense
6.19B 8.44B 7.20B 11.28B
Non Operating Income/Expense
(4.14B) 1.72B 86.00M 971.00M
Non-Operating Interest Income
162.00M 670.00M 747.00M 645.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
873.00M 1.46B 1.47B 1.90B
Interest Expense Growth
-19.76% +67.01% +0.96% +29.01%
Gross Interest Expense
878.00M 1.47B 1.48B 1.90B
Interest Capitalized
5.00M 9.00M 12.00M 4.00M
Pretax Income
1.18B 8.71B 5.81B 10.36B
Pretax Income Growth
-75.78% +640.31% -33.22% +78.10%
Pretax Margin
+1.94% +14.07% +9.26% +15.33%
Income Tax
(626.00M) 1.18B (218.00M) (242.00M)
Income Tax - Current - Domestic
575.00M 687.00M (183.00M) (1.59B)
Income Tax - Current - Foreign
1.68B 1.59B 2.30B 2.30B
Income Tax - Deferred - Domestic
(3.13B) (1.53B) (2.54B) (249.00M)
Income Tax - Deferred - Foreign
252.00M 428.00M 203.00M (708.00M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
1.80B 7.53B 6.03B 10.60B
Minority Interest Expense
20.00M 16.00M 17.00M 26.00M
Net Income
1.78B 7.51B 6.01B 10.57B
Net Income Growth
-62.17% +321.42% -19.95% +75.74%
Net Margin Growth
+2.95% +12.15% +9.59% +15.65%
Extraordinaries & Discontinued Operations
(143.00M) (12.00M) 8.00M 22.00M
Discontinued Operations
(143.00M) (12.00M) 8.00M 22.00M
Net Income After Extraordinaries
1.64B 7.50B 6.02B 10.59B
Preferred Dividends
- - - -
-
Net Income Available to Common
1.64B 7.50B 6.02B 10.59B
EPS (Basic)
1.8157 8.233 6.5342 11.3623
EPS (Basic) Growth
-71.67% +353.43% -20.63% +73.89%
Basic Shares Outstanding
902.66M 911.21M 921.77M 932.29M
EPS (Diluted)
1.7966 8.136 6.4269 11.1661
EPS (Diluted) Growth
-71.70% +352.86% -21.01% +73.74%
Diluted Shares Outstanding
912.27M 922.07M 937.16M 948.68M
EBITDA
12.57B 14.90B 15.36B 19.13B
EBITDA Growth
-6.48% +18.54% +3.11% +24.50%
EBITDA Margin
+20.76% +24.09% +24.48% +28.32%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 317.50
Number of Ratings 23 Current Quarters Estimate 3.048
FY Report Date 06 / 2026 Current Year's Estimate 12.387
Last Quarter’s Earnings 1.802 Median PE on CY Estimate N/A
Year Ago Earnings 11.59 Next Fiscal Year Estimate 13.359
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 14 14 17 17
Mean Estimate 3.05 2.91 12.39 13.36
High Estimates 3.21 3.12 12.76 14.15
Low Estimate 2.81 2.69 12.15 12.87
Coefficient of Variance 3.72 3.93 1.14 2.41

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 11 11 11
OVERWEIGHT 2 2 1
HOLD 8 8 9
UNDERWEIGHT 0 0 0
SELL 2 2 3
MEAN Overweight Overweight Overweight

Insider Actions for International Business Machines Corp. - IBM

Date Name Shares Transaction Value
Feb 20, 2026 Anne E. Robinson Senior Vice President 11,286 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2026 Nickle J. LaMoreaux Senior Vice President 55,417 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2026 Nickle J. LaMoreaux Senior Vice President 54,607 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $258.68 per share 14,125,738.76
Feb 20, 2026 Robert D. Thomas Senior Vice President 68,639 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $258.68 per share 17,755,536.52
Feb 20, 2026 James J. Kavanaugh Sr. VP and CFO 8,158 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2026 James J. Kavanaugh Sr. VP and CFO 170,488 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $258.68 per share 44,101,835.84
Feb 20, 2026 James J. Kavanaugh Sr. VP and CFO 171,851 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2026 Robert D. Thomas Senior Vice President 7,648 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2026 Nicolas A. Fehring VP, Controller 2,091 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2026 Anne E. Robinson Senior Vice President 10,333 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $258.68 per share 2,672,940.44
Feb 20, 2026 Anne E. Robinson Senior Vice President 5,167 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2026 Robert D. Thomas Senior Vice President 69,929 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2026 Nickle J. LaMoreaux Senior Vice President 4,759 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2026 Nicolas A. Fehring VP, Controller 16,556 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2026 Nicolas A. Fehring VP, Controller 16,203 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $258.68 per share 4,191,392.04
Feb 20, 2026 Arvind Krishna Chairman, President & CEO; Director 16,995 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2026 Arvind Krishna Chairman, President & CEO; Director 363,461 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $258.68 per share 94,020,091.48
Feb 20, 2026 Arvind Krishna Chairman, President & CEO; Director 366,300 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2026 Gary D. Cohn Vice Chairman 6,968 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2026 Gary D. Cohn Vice Chairman 107,202 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $258.68 per share 27,731,013.36

International Business Machines Corp. in the News

IBM announces $150B investment in US

IBM, founded in 1911, is making a major investment in the United States over the next five years, the company announced in a media release on Monday.