International Business Machines Corporation (IBM)
NYSE: IBM · Real-Time Price · USD
256.48
-1.80 (-0.70%)
Oct 30, 2026, 2:53 PM EDT - Market open
IBM Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 9,233 | 13,587 | 13,947 | 13,068 | 7,886 | 6,650 |
Short-Term Investments | 1,825 | 830 | 644 | 373 | 852 | 600 |
Cash & Short-Term Investments | 11,058 | 14,417 | 14,591 | 13,441 | 8,738 | 7,250 |
Cash Growth | -25.56% | -1.19% | 8.56% | 53.82% | 20.52% | -47.42% |
Accounts Receivable | 6,461 | 8,594 | 7,237 | 7,719 | 7,005 | 7,225 |
Other Receivables | 1,673 | 1,052 | 947 | 629 | 677 | 1,000 |
Receivables | 8,134 | 9,646 | 8,184 | 8,348 | 7,682 | 8,225 |
Inventory | 1,945 | 1,220 | 1,289 | 1,161 | 1,552 | 1,649 |
Finance Div. Loans and Leases | 5,638 | 7,344 | 6,259 | 6,102 | 6,851 | 7,221 |
Finance Div. Other Current Assets | 774 | 1,131 | 900 | 692 | 939 | 793 |
Prepaid Expenses | 1,895 | 1,816 | 1,512 | 1,830 | 1,876 | 1,830 |
Restricted Cash | 48 | 54 | 214 | 21 | 103 | 307 |
Other Current Assets | 1,700 | 1,316 | 1,533 | 1,313 | 1,377 | 2,264 |
Total Current Assets | 31,192 | 36,944 | 34,482 | 32,908 | 29,118 | 29,539 |
Property, Plant & Equipment | 9,157 | 9,028 | 8,929 | 8,721 | 8,212 | 8,916 |
Long-Term Investments | 1,822 | 1,751 | 1,691 | 1,589 | 1,610 | 1,783 |
Goodwill | 74,916 | 67,717 | 60,706 | 60,178 | 55,949 | 55,643 |
Other Intangible Assets | 13,603 | 11,391 | 10,660 | 11,036 | 11,184 | 12,511 |
Finance Div. Loans and Leases Long-Term | 6,844 | 7,708 | 5,353 | 5,766 | 5,806 | 5,425 |
Long-Term Deferred Tax Assets | 8,827 | 8,610 | 6,978 | 6,656 | 6,256 | 7,370 |
Long-Term Deferred Charges | 808 | 825 | 788 | 842 | 866 | 924 |
Other Long-Term Assets | 7,842 | 7,906 | 7,588 | 7,545 | 8,242 | 9,890 |
Total Assets | 155,011 | 151,880 | 137,175 | 135,241 | 127,243 | 132,001 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 4,491 | 4,756 | 4,032 | 4,132 | 4,051 | 3,955 |
Accrued Expenses | 7,004 | 7,976 | 7,052 | 6,728 | 7,046 | 7,036 |
Short-Term Debt | 4 | - | 30 | 1 | - | 22 |
Current Portion of Long-Term Debt | 7,009 | 6,145 | 4,861 | 6,304 | 4,685 | 6,729 |
Current Portion of Leases | 749 | 1,079 | 966 | 941 | 949 | 1,010 |
Current Income Taxes Payable | 1,867 | 2,347 | 2,033 | 2,270 | 2,196 | 2,289 |
Current Unearned Revenue | 15,164 | 16,101 | 13,907 | 13,451 | 12,032 | 12,518 |
Other Current Liabilities | 197 | 254 | 261 | 295 | 546 | 60 |
Total Current Liabilities | 36,485 | 38,658 | 33,142 | 34,122 | 31,505 | 33,619 |
Long-Term Debt | 55,564 | 53,962 | 49,081 | 49,742 | 46,025 | 44,854 |
Long-Term Leases | 3,814 | 3,421 | 3,458 | 2,947 | 2,354 | 2,525 |
Long-Term Unearned Revenue | 4,318 | 4,271 | 3,622 | 3,533 | 3,499 | 3,577 |
Pension & Post-Retirement Benefits | 8,452 | 9,018 | 9,432 | 10,808 | 9,596 | 14,435 |
Long-Term Deferred Tax Liabilities | - | 781 | 815 | 1,146 | 2,292 | 3,956 |
Other Long-Term Liabilities | 10,172 | 9,028 | 10,232 | 10,330 | 9,951 | 10,039 |
Total Liabilities | 118,805 | 119,139 | 109,782 | 112,628 | 105,222 | 113,005 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 65,137 | 63,318 | 61,380 | 59,643 | 58,343 | 57,319 |
Retained Earnings | 156,576 | 155,648 | 151,163 | 151,276 | 149,825 | 154,209 |
Treasury Stock | -171,191 | -170,605 | -169,968 | -169,624 | -169,484 | -169,392 |
Comprehensive Income & Other | -14,985 | -15,713 | -15,268 | -18,762 | -16,740 | -23,235 |
Total Common Equity | 35,537 | 32,648 | 27,307 | 22,533 | 21,944 | 18,901 |
Minority Interest | 669 | 93 | 86 | 80 | 77 | 95 |
Shareholders' Equity | 36,206 | 32,741 | 27,393 | 22,613 | 22,021 | 18,996 |
Total Liabilities & Equity | 155,011 | 151,880 | 137,175 | 135,241 | 127,243 | 132,001 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 67,140 | 64,607 | 58,396 | 59,935 | 54,013 | 55,140 |
Net Cash (Debt) | -56,082 | -50,190 | -43,805 | -46,494 | -45,275 | -47,890 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -58.86 | -52.91 | -46.74 | -50.42 | -49.63 | -52.94 |
Filing Date Shares Outstanding | 945.12 | 938.03 | 927.26 | 916.74 | 907.11 | 899.31 |
Total Common Shares Outstanding | 945.12 | 936.95 | 926.29 | 915.01 | 906.09 | 898.07 |
Working Capital | -5,293 | -1,714 | 1,340 | -1,214 | -2,387 | -4,080 |
Book Value Per Share | 37.60 | 34.84 | 29.48 | 24.63 | 24.22 | 21.05 |
Tangible Book Value | -52,982 | -46,460 | -44,059 | -48,681 | -45,189 | -49,253 |
Tangible Book Value Per Share | -56.06 | -49.59 | -47.57 | -53.20 | -49.87 | -54.84 |
Land | - | 182 | 179 | 182 | 213 | 224 |
Buildings | - | 4,807 | 4,825 | 5,333 | 5,678 | 6,049 |
Machinery | - | 12,885 | 12,687 | 12,607 | 12,804 | 13,811 |
Order Backlog | - | 31,900 | - | - | - | - |