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International Business Machines IBM · USD

Information Technology · IT Services · US listing · 🇺🇸 United States

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246.11

+0.45%

Close of 9 Nov 2026, in USD

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About International Business Machines

From its filings with the US Securities and Exchange Commission

SEC filings

International Business Machines is based in Armonk, New York and is incorporated in New York. Its shares trade on NYSE under the ticker IBM. It is a member of the S&P 500 and Dow Jones. The SEC classifies its business as computer & office equipment. In the fiscal year to 31 December 2025, it reported revenue of $67.53bn and net income of $10.59bn. At that date it held total assets of $151.88bn and shareholders' equity of $32.65bn.

In its own words

International Business Machines Corporation (IBM or the company) was incorporated in the State of New York on June 16, 1911, as the Computing-Tabulating-Recording Co. (C-T-R), a consolidation of the Computing Scale Co. of America, the Tabulating Machine Co. and The International Time Recording Co. of New York. Since that time, IBM has focused on the intersection of business insight and technological innovation, and its operations and aims have been international in nature. This was signaled over 100 years ago, in 1924, when C-T-R changed its name to International Business Machines Corporation. And it continues today—we create sustained value for clients by helping them leverage the power of hybrid cloud and artificial intelligence (AI). Our hybrid cloud platform and AI technology support clients’ digital transformations and helps them reimagine critical workflows, at scale, and modernize applications to increase agility, drive innovation and create operational efficiencies. Our offerings draw from leading IBM capabilities in software, consulting services capability to deliver business outcomes, and deep incumbency in mission-critical infrastructure, all bolstered by one of the world’s leading research organizations.

Quoted from its 10-K, filed 24 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Information Technology
Industry
IT Services
Listed since
11 Nov 1915
Employees
264,300
Website
ibm.com ↗
Head office
1 NEW ORCHARD ROAD, ARMONK, NY, 10504
Incorporated in
NY
Classification
Computer & office Equipment
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. Arvind KrishnaChairman of the Board, President, Chief Executive Officer, since 2015$25.1m
  • Mr. Gary CohnVice Chairman$10.8m
  • Mr. James KavanaughChief Financial Officer, Senior Vice President - Finance and Operations$13.0m
  • Ms. Nickle LamoreauxChief Human Resources Officer, Senior Vice President
  • Ms. Anne RobinsonSenior Vice President and Chief Legal Officer$9.9m
  • Mr. Robert ThomasSenior Vice President - Software and Chief Commercial Officer$12.3m
  • Mr. Nicolas FehringVice President, Controller
  • Mr. Alex GorskyLead Independent Director$594,890
  • Mr. Ramon LaguartaDirector
  • Ms. Marianne BrownIndependent Director$365,553
  • Mr. Thomas BuberlIndependent Director$422,771
  • Mr. David FarrIndependent Director$484,427

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
73
Environment
76
Social
92
Governance
51
Direct emissions (scope 1)
71,000 t
Energy emissions (scope 2)
306,000 t
Value chain emissions (scope 3)
585,000 t
Women in the workforce
37.4%
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Strong global presence: IBM operates in over 175 countries, allowing it to leverage a diverse customer base and gain market share.
  • Leading position in technology: IBM has a rich history of innovation and is recognized as a leader in various technology domains, including AI, cloud computing, and cybersecurity.
  • Wide range of products and services: The company offers a comprehensive portfolio of hardware, software, and consulting services, catering to diverse customer needs.

Weaknesses

  • Declining revenue in some segments: IBM has faced challenges in certain business segments, such as hardware sales, leading to a decline in overall revenue.
  • Dependence on legacy systems: The company still relies on legacy systems, which may hinder its ability to adapt to rapidly evolving technology trends.
  • Limited presence in emerging markets: IBM has struggled to establish a strong presence in emerging markets, missing out on potential growth opportunities.

Opportunities

  • Cloud computing market expansion: With the growing demand for cloud services, IBM can capitalize on this opportunity by expanding its cloud computing offerings.
  • AI and machine learning advancements: IBM can further enhance its position in AI and machine learning by investing in research and development, opening up new business prospects.
  • Increased cybersecurity needs: The rising concerns around cybersecurity present an opportunity for IBM to strengthen its cybersecurity solutions and services.

Threats

  • Intense competition: IBM faces strong competition from major technology companies, which puts pressure on its market share and profitability.
  • Rapid technological changes: The ever-evolving nature of technology can pose challenges for IBM to keep up with emerging trends and maintain its competitive edge.
  • Economic downturns: Global economic downturns and uncertainties can impact IBM's business operations and reduce demand for its products and services.

Sources and methodology

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