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INTERNATIONAL BUSINESS MACHINES CORP

IBM
Computer And Office Equipment
Last filing · Quarter 2 · Jun 30, 2026
Financial Statements Ratios
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Statement
Income StatementBalance Sheet
Period
Annual Quarterly
Order
Unlock 14 years
Format
% Change
Rows
USD ($)
$ in Millions 		Dec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016Dec 31, 2015Dec 31, 2014Dec 31, 2013Dec 31, 2012Dec 31, 2011Dec 31, 2010Dec 31, 2009
Current assets
                 
Cash and cash equivalents
$ 13,587
$ 13,947
$ 13,068
Restricted cash
54
214
21
Marketable securities
830
644
373
Notes and accounts receivable—trade (net of allowances of $99 in 2025 and $114 in 2024)
8,112
6,804
7,214
Short-term financing receivables
                 
Held for investment (net of allowances of $106 in 2025 and $109 in 2024)
7,344
6,259
6,102
Held for sale
1,131
900
692
Other accounts receivable (net of allowances of $37 in 2025 and $31 in 2024)
1,052
947
640
Inventory
1,220
1,289
1,161
Deferred costs
825
788
842
Deferred taxes
8,610
6,978
6,656
Prepaid expenses and other current assets
2,530
2,520
2,639
Total current assets
36,944
34,482
32,908
Property, plant and equipment
17,874
17,691
18,122
Less: Accumulated depreciation
11,975
11,959
12,621
Property, plant and equipment—net
5,899
5,731
5,501
Operating right-of-use assets—net
3,129
3,197
3,220
Long-term financing receivables (net of allowances of $34 in 2025 and $19 in 2024)
7,708
5,353
5,766
Prepaid pension assets
7,544
7,492
7,506
Deferred taxes (Note N)
-
-
-
Goodwill
67,717
60,706
60,178
Intangible assets—net
11,391
10,660
11,036
Investments and sundry assets
2,112
1,787
1,626
Total assets
151,880
137,175
135,241
Liabilities and equity
                 
Liabilities:
                 
Current liabilities
                 
Taxes
2,347
2,033
2,270
Short-term debt
6,424
5,089
6,426
Accounts payable
4,756
4,032
4,132
Compensation and benefits
4,114
3,605
3,501
Deferred income
16,101
13,907
13,451
Operating lease liabilities
800
768
820
Other accrued expenses and liabilities
4,116
3,709
3,521
Total current liabilities
38,658
33,142
34,122
Long-term debt
54,836
49,884
50,121
Retirement and nonpension postretirement benefit obligations
9,018
9,432
10,808
Deferred income
4,271
3,622
3,533
Operating lease liabilities
2,547
2,655
2,568
Other liabilities
9,810
11,048
11,475
Total liabilities
119,139
109,783
112,628
Equity
                 
IBM stockholders' equity
                 
Common stock and additional paid-in capital
63,318
61,380
59,643
Retained earnings
155,648
151,163
151,276
Treasury stock, at cost (shares: 2025—1,353,666,394; 2024—1,352,874,243)
170,605
169,968
169,624
Accumulated other comprehensive income/(loss)
(15,713)
(15,269)
(18,761)
Total IBM stockholders' equity
32,648
27,307
22,533
Noncontrolling interests
93
86
80
Total equity
32,740
27,393
22,613
Total liabilities and equity
$ 151,880
$ 137,175
$ 135,241