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INTERNATIONAL BUSINESS MACHINES CORP (IBM)

SEC filings, insider trading & institutional ownership from EDGAR.

NYSEInformation TechnologyTechnology Hardware, Storage & Peripherals

International Business Machines Corporation (IBM), originally incorporated in New York in 1911 as the Computing-Tabulating-Recording Co. and renamed in 1924, is a large accelerated filer with approximately 907.1 million shares outstanding as of February 10, 2023, and a non-affiliate market capitalization of $127.5 billion as of mid-2022. The company operates as a globally integrated enterprise focused on the intersection of business insight and technological innovation, centering its strategy on hybrid cloud computing and artificial intelligence (AI) to help clients drive digital transformation, reimagine critical workflows, modernize applications, and improve agility and operational efficiency. IBM's offerings span software, consulting services, and mission-critical infrastructure, supported by one of the world's leading research organizations.

The company maintains strategic partnerships with major technology firms such as Adobe, Amazon Web Services, Cisco Systems, Microsoft, Oracle, Salesforce, Samsung Electronics, and SAP to deliver end-to-end solutions, while noting that some partners may also be competitors in certain areas. IBM operates in a highly competitive global environment, facing hundreds of competitors ranging from large multinational corporations to smaller specialized firms, particularly as it advances its hybrid cloud and AI strategy. Its competitive positioning relies on technology innovation, performance, pricing, quality, brand reputation, breadth of capabilities, talent, client trust, and service support, with continued investment in organic and inorganic innovation to sustain leadership and prepare for emerging opportunities such as quantum computing.

AI-summarized from Item 1 (Business) of the company's most recent 10-K filing.

RevenueFY2025
$67.53B
▲ 7.6%YoY
Net incomeFY2025
$10.59B
▲ 75.9%YoY
Diluted EPSFY2025
$11.17
▲ 73.7%YoY
Gross margin
58.2%
▲ 154 bpsYoY
Insider net6 mo
−22.1K
shares1 sells0 buys
Institutions
43
$124.39B held

Financials

As reported to the SEC via XBRL, no adjustments

All financials →
Revenue & net income
$20B$40B$60B$80B
FY2022FY2023FY2024FY2025
RevenueNet income
FY2025 highlightsfrom 10-K
Gross profit$39.3B
Diluted EPS$11.17
Gross margin58.2%
Net margin15.7%

Latest filings

10-K, 10-Q, 8-K, Form 4 & 13D/G. Sourced directly from SEC EDGAR

All filings →
FormFiledAccession
8-KOct 2, 2026EDGAR
4Thomas Robert DavidAug 28, 2026EDGAR
8-KAug 14, 2026EDGAR
8-KJul 22, 2026EDGAR
10-QJul 22, 2026EDGAR
8-KAIIBM issued a letter to investors on July 14, 2026, disclosing preliminary financial results for the fiscal quarter ended June 30, 2026, including non-GAAP metrics with reconciliations to GAAP figures.Jul 14, 2026EDGAR
4Robinson AnneJul 2, 2026EDGAR
8-KJun 23, 2026EDGAR

Insider trading

From Form 4 filings

All →
InsiderDateType
Thomas Robert DavidAug 26, 2026Sell
Robinson AnneJul 1, 2026Tax withholding
Robinson AnneJul 1, 2026Option exercise
Fehring Nicolas A.Jun 4, 2026Gift

Top holders

13F & 13D/G • latest quarter

All →
HolderStakeFiledValue
BlackRock, Inc.8.2%Aug 7, 2026$21.59B
Vanguard Capital Management6.5%Aug 13, 2026$17.26B
STATE STREET CORPORATION6.0%Sep 22, 2026$15.76B
Vanguard Portfolio Management3.0%Aug 13, 2026$7.97B
GEODE CAPITAL MANAGEMENT, LLC2.5%Aug 12, 2026$6.58B

Executive pay and the vote

From the FY2025 proxy statement (DEF 14A), filed Mar 10, 2026, and the annual meeting’s vote

Full governance view →
CEO total pay
$38.0M
A. Krishna • FY2025
Actually paid
$83.6M
SEC “compensation actually paid”
Say-on-pay
94.2%
of votes cast • 8-K filed May 1, 2026
TSR on $100
$303.00
peers $210.00 • since FY2021
What the company says drives pay
RevenueOperating cash flowOperating EPSFree cash flow

Figures come from the company’s proxy statement, and the vote count from its 8-K.

The full pay and vote breakdown is free with an account

The Summary Compensation Table for every named officer, the board with tenure and committees, and each proposal with its count, verified against the filings.

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AI summary

Latest 10-Q takeaways

filed Jul 22, 2026

IBM's MD&A mixes solid first-half growth, strong software and consulting profit gains and record Distributed Infrastructure results with an explicit Q2 shortfall driven by IBM Z and transactional software. Management admits the miss but reasserts conviction in its hybrid cloud, AI and quantum strategy. Automated screens flagged 1 potential red flag.

Written by Scrutar's AI from IBM's SEC filings. Check anything you rely on against the filing. Not investment advice.

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Peers identified from IBM's own SEC filings.

Data as of Oct 15, 2026Source: SEC EDGAR.