IBMIBM

$229.92
IBM logo

Price

$229.92-6.5%1Y
1M+12%1Y-6.5%

Prices are end-of-day closes. This is a research view, the focus is on the fundamentals, quality and valuation below, not intraday price.

Smart Score

Above average
8/10
Value56
Quality84
Momentum58
Growth43
Strongest Quality, weakest Growth · ranked vs Technology peers. The five questions below judge the company on its own terms.
What they do

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

P/E (TTM)20.4
Market Cap$234.13B
1Y Return-6.5%
5Y Return+107%

Business segments

Q1 2026 · $15.87B

The company’s own SEC segment disclosure.

  • Strategy And Technology$2.90B18%
  • Intelligent Operations$2.38B15%
  • Hybrid Infrastructure$2.11B13%
  • Transaction Processing$1.93B12%
  • Hybrid Cloud$1.91B12%
  • Automation$1.74B11%
  • Other (3)$2.91B18%

IBM (IBM) reported revenue of $17.2B in Q2 2026 (quarter ended June 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 2026-Q1 was Strategy And Technology at $2.90B, 18% of the disclosed total, just ahead of Intelligent Operations at 15%.

Raw charts

9 series · TTM

As reported to the SEC, without any scoring.