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Financial overlay · last 12 quarters
| Quarter | Revenue | Net income | Op income | FCF | Net margin | Op margin |
|---|---|---|---|---|---|---|
| 2026-03-31 | $15.9B | $1.2B | $2.2B | $4.8B | 7.6% | 13.9% |
| 2025-12-31 | $19.7B | $5.6B | $4.8B | $3.5B | 28.4% | 24.6% |
| 2025-09-30 | $16.3B | $1.7B | $2.8B | $2.7B | 10.7% | 17.1% |
| 2025-06-30 | $17.0B | $2.2B | $3.1B | $1.3B | 12.9% | 18.2% |
| 2025-03-31 | $14.5B | $1.1B | $1.8B | $4.0B | 7.3% | 12.1% |
Earnings replay · last 20 reports
| Date | EPS actual | EPS est | Surprise |
|---|---|---|---|
| 2026-04-22 | 1.91 | 1.81 | +5.5% |
| 2026-01-28 | 4.52 | 4.29 | +5.3% |
| 2025-10-22 | 1.84 | 1.92 | -4.3% |
| 2025-07-23 | 2.80 | 2.65 | +5.5% |
| 2025-04-23 | 1.12 | 1.08 | +4.0% |
| 2025-01-29 | 3.09 | 3.48 | -11.2% |
| 2024-10-23 | 2.30 | 2.23 | +3.3% |
| 2024-07-24 | 2.43 | 2.17 | +11.9% |
| 2024-04-24 | 1.68 | 1.60 | +5.2% |
| 2024-01-24 | 3.87 | 3.80 | +1.9% |
| 2023-10-25 | 2.20 | 2.13 | +3.5% |
| 2023-07-19 | 2.18 | 2.00 | +8.9% |
| 2023-04-19 | 1.36 | 1.24 | +9.7% |
| 2023-01-25 | 3.60 | 3.61 | -0.3% |
| 2022-10-19 | 1.81 | 1.80 | +0.7% |
| 2022-07-18 | 2.31 | 2.29 | +0.9% |
| 2022-04-19 | 1.40 | 1.42 | -1.5% |
| 2022-01-24 | 3.35 | 3.29 | +1.9% |
| 2021-10-20 | 2.52 | 2.51 | +0.2% |
| 2021-07-19 | 2.33 | 2.29 | +1.8% |
Earnings markers are overlaid on the price chart above. Transcript summaries require PERPLEXITY_API_KEY (deferred to a follow-up).
Peer comparison · Technology
| Ticker ⇅ | Mkt cap ⇅ | P/E ⇅ | Fwd P/E ⇅ | P/S ⇅ | EV/EBITDA ⇅ | P/B ⇅ | Gross M ⇅ | Rev gr ⇅ | EPS gr ⇅ | FCF yld ⇅ |
|---|---|---|---|---|---|---|---|---|---|---|
| IBM ★ | $309B | 29.1 | 24.5 | 4.5 | 21.6 | 9.4 | 58.4% | 9.5% | 14.2% | 4.23% |
| AAPL | $4,629B | 38.1 | 32.8 | 10.3 | 28.2 | 43.4 | 47.9% | 16.6% | 21.8% | 2.18% |
| MSFT | $3,278B | 26.3 | 22.8 | 10.3 | 18.8 | 7.9 | 68.3% | 18.3% | 23.4% | 1.13% |
| NVDA | $5,397B | 34.1 | 17.6 | 21.3 | 32.6 | 34.4 | 74.1% | 85.2% | 214.5% | 0.86% |
| GOOGL | $4,384B | 27.6 | 25.0 | 10.4 | 28.1 | 9.2 | 60.4% | 21.8% | 82.0% | 0.64% |
| META | $1,517B | 21.7 | 16.5 | 7.1 | 14.0 | 6.2 | 81.9% | 33.1% | 62.4% | 1.68% |
| AVGO | $2,280B | 93.5 | 26.0 | 33.4 | 62.7 | 28.6 | 76.7% | 29.5% | 31.6% | 1.12% |
| ORCL | $703B | 44.0 | 30.4 | 11.0 | 30.3 | 21.0 | 67.1% | 21.7% | 24.5% | -3.17% |
Auto-seeded from sector. Click any ticker to switch.
Ownership
Top institutional holders
Top-10 concentration: 34.62%
| Holder | Shares | % out |
|---|---|---|
| Blackrock Inc. | 77,565,953 | 8.25% |
| Vanguard Capital Management LLC | 60,845,605 | 6.47% |
| State Street Corporation | 54,594,493 | 5.81% |
| Vanguard Portfolio Management LLC | 27,660,866 | 2.94% |
| Geode Capital Management, LLC | 23,076,329 | 2.46% |
| Morgan Stanley | 19,630,951 | 2.09% |
| JPMORGAN CHASE & CO | 18,544,694 | 1.97% |
| Capital World Investors | 17,062,453 | 1.82% |
| Bank of America Corporation | 16,063,653 | 1.71% |
| Northern Trust Corporation | 10,304,788 | 1.10% |
Insider activity · 90d
No insider trades for IBM in last 90d.
Analyst estimates
yfinanceConsensus: buy (mean 2.0). Distribution requires FINNHUB_API_KEY.
SEC filings
| Form | Filed | Description | Action |
|---|---|---|---|
| 8-K | 2026-05-28 | 8-K | view · |
| 8-K | 2026-05-01 | 8-K | view · |
| 10-Q | 2026-04-23 | 10-Q | view · |
| 8-K | 2026-04-22 | 8-K | view · |
| 4 | 2026-04-01 | PRIMARY DOCUMENT | view · |
| 4 | 2026-04-01 | PRIMARY DOCUMENT | view · |
| 4 | 2026-04-01 | PRIMARY DOCUMENT | view · |
| 4 | 2026-04-01 | PRIMARY DOCUMENT | view · |
| 4 | 2026-04-01 | PRIMARY DOCUMENT | view · |
| 4 | 2026-04-01 | PRIMARY DOCUMENT | view · |
| 4 | 2026-04-01 | PRIMARY DOCUMENT | view · |
| 4 | 2026-04-01 | PRIMARY DOCUMENT | view · |
| 4 | 2026-04-01 | PRIMARY DOCUMENT | view · |
| 4 | 2026-04-01 | PRIMARY DOCUMENT | view · |
| 4 | 2026-04-01 | PRIMARY DOCUMENT | view · |
| 4 | 2026-04-01 | PRIMARY DOCUMENT | view · |
| 4 | 2026-04-01 | PRIMARY DOCUMENT | view · |
| DEF 14A | 2026-03-10 | DEFINITIVE PROXY STATEMENT | view · |
| 8-K | 2026-03-03 | 8-K | view · |
| 4 | 2026-02-27 | PRIMARY DOCUMENT | view · |
| 4 | 2026-02-27 | PRIMARY DOCUMENT | view · |
| 4 | 2026-02-27 | PRIMARY DOCUMENT | view · |
| 4 | 2026-02-27 | PRIMARY DOCUMENT | view · |
| 4 | 2026-02-27 | PRIMARY DOCUMENT | view · |
| 4 | 2026-02-27 | PRIMARY DOCUMENT | view · |
| 4 | 2026-02-27 | PRIMARY DOCUMENT | view · |
| 4 | 2026-02-25 | PRIMARY DOCUMENT | view · |
| 4 | 2026-02-25 | PRIMARY DOCUMENT | view · |
| 10-K | 2026-02-24 | 10-K | view · |
| 4 | 2026-02-23 | PRIMARY DOCUMENT | view · |
| 4 | 2026-02-23 | PRIMARY DOCUMENT | view · |
| 4 | 2026-02-23 | PRIMARY DOCUMENT | view · |
| 4 | 2026-02-23 | PRIMARY DOCUMENT | view · |
| 4 | 2026-02-23 | PRIMARY DOCUMENT | view · |
| 4 | 2026-02-23 | PRIMARY DOCUMENT | view · |
| 4 | 2026-02-19 | PRIMARY DOCUMENT | view · |
| 4 | 2026-02-19 | PRIMARY DOCUMENT | view · |
| 4 | 2026-02-19 | PRIMARY DOCUMENT | view · |
| 4 | 2026-02-19 | PRIMARY DOCUMENT | view · |
| 4 | 2026-02-19 | PRIMARY DOCUMENT | view · |
| 4 | 2026-02-19 | PRIMARY DOCUMENT | view · |
| 4 | 2026-02-19 | PRIMARY DOCUMENT | view · |
| 4 | 2026-02-02 | PRIMARY DOCUMENT | view · |
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| 4 | 2026-02-02 | PRIMARY DOCUMENT | view · |
| 4 | 2026-02-02 | PRIMARY DOCUMENT | view · |
| 4 | 2026-02-02 | PRIMARY DOCUMENT | view · |
| 8-K | 2026-02-02 | FORM 8-K | view · |
| 4 | 2026-01-30 | PRIMARY DOCUMENT | view · |
| 8-K | 2026-01-30 | 8-K | view · |
| 8-K | 2026-01-28 | 8-K | view · |
| 4 | 2026-01-02 | PRIMARY DOCUMENT | view · |
| 4 | 2026-01-02 | PRIMARY DOCUMENT | view · |
| 4 | 2026-01-02 | PRIMARY DOCUMENT | view · |
| 4 | 2026-01-02 | PRIMARY DOCUMENT | view · |
| 4 | 2026-01-02 | PRIMARY DOCUMENT | view · |
| 4 | 2026-01-02 | PRIMARY DOCUMENT | view · |
| 4 | 2026-01-02 | PRIMARY DOCUMENT | view · |
About
International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers hybrid cloud and AI platforms that allow clients to realize their digital and AI transformations across the applications, data, and environments in which they operate. The Consulting segment delivers strategy and technology services and intelligent operations, providing business transformation, technology implementation, managed services, application modernization, and AI-powered solutions. The Infrastructure segment provides on-premises and cloud-based server, and storage solutions, as well as life-cycle services for hybrid cloud infrastructure deployment. Its Financing segment offers client and commercial financing, and facilitates IBM clients' acquisition of hardware, software, and services. It has strategic partnerships with various companies, including hyperscalers, service providers, global system integrators, and software and hardware vendors that include Adobe, Amazon Web Servi…