INTERNATIONAL BUSINESS MACHINES CORP

IBM

Computer and office equipment

Last filing · Quarter 3 · Sep 30, 2026

41 more quarters with Pro

INTERNATIONAL BUSINESS MACHINES CORP back to 2009, every line as filed.

USD ($) $ in Millions	Sep 30, 2026	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023
Current assets:
Cash and cash equivalents	$ 9,233	$ 7,172	$ 10,819	$ 11,569	$ 11,943	$ 11,035	$ 13,197	$ 12,210	$ 14,603	$ 7,257	$ 9,394	$ 9,337
Restricted cash	48	45	45	30	83	126	17	2,268	162	19	31	198
Marketable securities	1,825	960	964	3,286	3,504	6,430	505	1,481	4,512	3,721	6,904	8,057
Notes and accounts receivable — trade (net of allowances of $115 in 2026 and $99 in 2025)	5,794	6,044	6,493	5,532	5,974	5,857	5,390	5,769	6,041	5,330	5,673	5,757
Short-term financing receivables:
Held for investment (net of allowances of $92 in 2026 and $106 in 2025)	5,638	5,782	5,767	5,156	5,586	5,128	5,256	5,075	4,877	5,032	5,564	6,057
Held for sale	774	874	743	745	746	588	509	723	644	593	865	605
Other accounts receivable (net of allowances of $29 in 2026 and $37 in 2025)	1,673	1,348	1,242	1,174	1,187	897	928	757	760	842	838	812
Inventory, at lower of average cost or net realizable value:
Finished goods	320	320	268	314	188	203	169	141	131	159	174	199
Work in process and raw materials	1,625	1,425	1,208	1,083	1,063	1,228	1,199	1,093	1,081	1,239	1,327	1,404
Total inventory	1,945	1,746	1,476	1,397	1,251	1,431	1,367	1,234	1,212	1,399	1,501	1,603
Deferred costs	1,177	1,238	1,157	1,113	1,182	1,074	966	997	1,047	931	957	1,055
Deferred taxes	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other current assets	3,083	3,188	3,209	2,739	2,796	2,770	2,408	2,784	2,804	2,582	2,730	2,501
Total current assets	31,192	28,398	31,914	32,740	34,253	35,336	30,543	33,299	36,663	27,705	34,458	35,982
Property, plant and equipment	17,692	17,603	17,765	18,058	18,160	17,827	17,994	17,911	18,071	18,217	18,588	18,761
Less: Accumulated depreciation	11,649	11,867	11,985	12,207	12,218	12,085	12,380	12,311	12,477	12,848	13,145	13,417
Property, plant and equipment — net	6,043	5,736	5,781	5,851	5,943	5,742	5,614	5,600	5,594	5,369	5,443	5,344
Operating right-of-use assets — net	3,114	3,068	3,219	3,223	3,315	3,323	3,355	3,130	3,204	3,112	2,653	2,789
Long-term financing receivables (net of allowances of $28 in 2026 and $34 in 2025)	6,844	7,126	7,014	6,258	6,171	4,920	4,931	5,483	4,927	4,789	5,221	5,065
Prepaid pension assets	7,715	7,645	7,578	8,044	7,983	7,670	7,975	7,630	7,545	8,901	8,735	8,487
Deferred costs	808	835	831	768	795	769	788	820	810	822	897	846
Deferred taxes	8,827	8,709	8,552	8,505	8,475	7,594	6,943	6,378	6,465	6,168	6,340	6,419
Goodwill	74,916	74,599	74,709	67,396	67,506	66,065	61,092	59,416	59,534	59,596	56,385	56,193
Intangible assets — net	13,603	13,955	14,624	11,729	12,253	12,392	11,090	10,251	10,750	11,278	10,496	10,905
Investments and sundry assets	1,950	2,028	2,009	1,796	1,891	1,856	2,009	1,840	1,678	1,582	1,585	1,607
Total assets	155,011	152,099	156,229	146,312	148,585	145,667	134,339	133,848	137,169	129,321	132,213	133,637
Liabilities and equity
Liabilities:
Current liabilities:
Taxes	1,867	2,023	2,053	1,663	1,681	1,573	1,584	1,691	1,710	1,559	1,606	1,650
Short-term debt	7,013	5,775	8,655	7,942	8,945	6,913	3,599	3,602	5,471	6,414	6,785	4,887
Accounts payable	4,491	4,395	4,039	3,867	3,974	3,585	3,274	3,631	3,588	3,342	3,732	3,728
Compensation and benefits	3,668	3,364	3,941	3,508	3,353	3,653	3,250	3,125	3,190	3,257	3,185	2,772
Deferred income	15,164	16,160	17,034	13,878	15,022	15,057	12,882	13,643	14,051	11,917	12,712	13,220
Operating lease liabilities	749	770	798	807	820	798	790	762	784	807	842	869
Other accrued expenses and liabilities	3,534	3,425	3,582	3,477	3,932	3,526	3,474	3,195	3,605	3,309	3,651	3,866
Total current liabilities	36,485	35,912	40,101	35,142	37,726	35,106	28,853	29,648	32,397	30,606	32,513	30,993
Long-term debt	56,804	56,212	57,706	55,174	55,219	56,371	52,980	52,929	54,033	48,828	50,691	53,826
Retirement and nonpension postretirement benefit obligations	8,452	8,603	8,763	9,735	9,882	9,536	10,366	10,200	10,421	9,090	9,385	9,509
Deferred income	4,318	4,272	4,195	3,863	3,913	3,844	3,666	3,489	3,488	3,085	3,264	3,443
Operating lease liabilities	2,574	2,515	2,643	2,646	2,735	2,753	2,757	2,546	2,583	2,476	1,986	2,094
Other liabilities	10,172	10,044	9,767	11,762	11,522	11,105	11,186	10,932	10,914	12,081	12,103	12,099
Total liabilities	118,805	117,558	123,174	118,322	120,998	118,714	109,809	109,745	113,836	106,165	109,942	111,964
Equity:
IBM stockholders’ equity:
Common stock	65,137	64,600	63,936	62,819	62,392	61,913	61,013	60,501	60,145	59,313	58,963	58,675
Retained earnings	156,576	155,937	155,327	151,581	151,367	150,703	149,789	151,659	151,362	149,506	149,318	149,253
Treasury stock - at cost	(171,191)	(170,934)	(170,874)	(170,512)	(170,209)	(170,160)	(169,935)	(169,815)	(169,759)	(169,640)	(169,581)	(169,544)
Accumulated other comprehensive income/(loss)	(14,985)	(15,151)	(15,415)	(15,983)	(16,041)	(15,575)	(16,418)	(18,319)	(18,488)	(16,098)	(16,499)	(16,780)
Total IBM stockholders’ equity	35,537	34,452	32,974	27,905	27,509	26,880	24,448	24,026	23,261	23,081	22,201	21,604
Noncontrolling interests	669	89	81	85	79	72	82	77	72	75	70	68
Total equity	36,206	34,541	33,056	27,990	27,588	26,953	24,530	24,103	23,333	23,156	22,271	21,672
Total liabilities and equity	$ 155,011	$ 152,099	$ 156,229	$ 146,312	$ 148,585	$ 145,667	$ 134,339	$ 133,848	$ 137,169	$ 129,321	$ 132,213	$ 133,637