IBMIBM
Price
-13%1YEnd-of-day closes, not the intraday tick.
A mixed picture: the questions disagree
Quality mixed, nothing alarming, price roughly fair, growth steady, the market undecided.
IBM is a globally integrated enterprise that participates in a highly competitive environment. Our competitors vary by industry segment, and range from large multinational enterprises to smaller, more narrowly focused entities. Across our business segments, we recognize hundreds of competitors worldwide and as we execute our hybrid cloud and AI strategy, we are regularly exposed to new competitors. Our principal methods of competition are: technology innovation; performance; price; quality; brand; our breadth of capabilities, products and services; talent; client relationships and trust; the ability to deliver business value to clients; and service and support.
In the company’s own words · 10-K filed Feb 24, 2026 · SEC EDGAR
Charts
As reported to the SEC, without any scoring.
IBM (IBM) reported revenue of $17.2B in Q2 2026 (quarter ended Jun 30, 2026), up 1.1% from the same quarter a year earlier. That came with a gross margin of 58% and net income of $2.17B (13% of revenue). For the full year FY2025, revenue was $67.5B (+7.6% year on year) and net income $10.6B. Its largest product in Q2 2026 was Strategy And Technology at $2.93B, 17% of the disclosed total, just ahead of Hybrid Infrastructure at 15%. The next results filing is expected around Oct 21, 2026, the same week as a year ago.
What the company said
The company's own words from its current reports to the SEC, newest first
- Oct 1, 2026On October 1, 2026, IBM announced that Frank Baker, Co-founder and Managing Partner of Siris Capital Group, LLC, has been elected to the IBM Board of Directors, effective October 1, 2026.Director or officer change · Form 8-K
- Jul 22, 2026Company provides updated full-year expectations.Earnings release · press release
- Jul 14, 2026Arvind Krishna's Letter to IBM Investors.Earnings release · press release
Quoted from SEC EDGAR filings. A current report is filed within four business days of the event it describes.
Business segments
Q2 2026 · $16.92BThe company’s own SEC segment disclosure.
- Strategy And Technology$2.93B17%
- Hybrid Infrastructure$2.57B15%
- Intelligent Operations$2.39B14%
- Transaction Processing$2.03B12%
- Hybrid Cloud$2.00B12%
- Automation$1.95B12%
- Other (2)$3.05B18%
Why these answers
Each answer with the checks it was read from. Open one for the numbers.
Conflicts between checks are named, never averaged, and thin data says so.
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