IBM is the ticker symbol for INTERNATIONAL BUSINESS MACHINES CORP, a publicly traded Technology sector company listed on NYSE. 13F Pro tracks IBM with AI-powered analysis, an AI quality score, SEC EDGAR financials, insider transactions, and institutional 13F holdings — all sourced directly from public SEC filings.

Is IBM a good stock to buy?

13F Pro's AI ranking engine scores IBM at 69.6/100, ranked #239 of 2,925 stocks on a composite quality score built from its SEC filings, covering profitability, growth, balance sheet strength, and free cash flow. The full AI verdict and bull/bear case for IBM is available at https://13fpro.ai/company/IBM. Not investment advice — review the underlying SEC filings before making any trade.

Where does 13F Pro source IBM data?

All INTERNATIONAL BUSINESS MACHINES CORP fundamentals and ownership data come directly from SEC EDGAR. INTERNATIONAL BUSINESS MACHINES CORP files with the SEC under CIK 51143. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

INTERNATIONAL BUSINESS MACHINES CORP IBM

NYSEMega CapTechnology

13F Pro quality score

Rank #239 of 2,925TOP 10%

Why it scores 70 Technology peers →

Rankings refresh quarterly once 80% of peers have filed. Next update: ~Nov 14, 2026.

Revenue

$17.10B

Quarter to Sep 30

Net income

$2.19B

Quarter to Sep 30

Free cash flow

$3.69B

Quarter to Sep 30

Operating margin

14.6%

Quarter to Sep 30

Top Institutional Holders

as of Q2 2026

$171.91B total

BlackRock, Inc.

$21.59B-1.0%

VANGUARD CAPITAL MANAGEMENT LLC

$17.26B+0.9%

STATE STREET CORP

$15.76B+2.7%

VANGUARD PORTFOLIO MANAGEMENT LLC

$7.97B+2.5%

GEODE CAPITAL MANAGEMENT, LLC

$6.58B+1.6%

MORGAN STANLEY

$4.91B-11.1%

Capital World Investors

$4.56B-5.0%

BANK OF AMERICA CORP /DE/

$4.21B-6.7%

JPMORGAN CHASE & CO

$3.46B-32.9%

NORTHERN TRUST CORP

$2.88B-0.7%

Bank of New York Mellon Corp

$2.61B+29.3%

NORGES BANK

$2.37B--

UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME

$2.14B+0.7%

FMR LLC

$2.09B+41.7%

CHARLES SCHWAB INVESTMENT MANAGEMENT INC

$2.01B+5.8%

GOLDMAN SACHS GROUP INC

$1.95B-0.9%

Legal & General Group Plc

$1.87B-3.6%

WELLINGTON MANAGEMENT GROUP LLP

$1.84B+2362.2%

DIMENSIONAL FUND ADVISORS LP

$1.57B+8.7%

Amundi

$1.54B+14.5%

VANGUARD FIDUCIARY TRUST CO

$1.48B+0.3%

WELLS FARGO & COMPANY/MN

$1.48B+16.4%

AMERIPRISE FINANCIAL INC

$1.35B+0.3%

Invesco Ltd.

$1.22B+3.3%

UBS Group AG

$1.19B+7.3%

See all 3,654 institutional holders →

What's Driving IBM's Business? Latest 10-Q Breakdown

19/19 datapoints verified

AI-extracted from the 10-Q filed 2026-10-22 — Q3 FY2026 (quarter ended September 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

IBM's third-quarter revenue rose 4.7% to $17.1B as Software grew 8.2%, with Software and Infrastructure offsetting flat Consulting and a 19.6% IBM Z decline.

Biggest Revenue Drivers

Software$7.8B+8.2% YoY

Strong new business performance including Confluent and closure of large deals that slipped from the second quarter.

Consulting$5.3B+0.2% YoY

Growth in application modernization, data and AI transformation, and cybersecurity services offset by lower Intelligent Operations revenue.

Biggest Revenue Drivers

Total revenue: $17.1B+4.7% YoY

Software$7.8B+8.2% YoY

Strong new business performance including Confluent and closure of large deals that slipped from the second quarter.

Consulting$5.3B+0.2% YoY

Growth in application modernization, data and AI transformation, and cybersecurity services offset by lower Intelligent Operations revenue.

Infrastructure$3.7B+4.2% YoY

Hybrid Infrastructure up 8.3% on Distributed Infrastructure growth of 31.3%, partly offset by IBM Z decline of 19.6% reflecting product cycle dynamics.

Financing$192M-3.9% YoY

Decrease driven by a reduction in used equipment sales.

Largest Expense Items

Research and development$2,378M+14.2% YoY

Continued organic and inorganic investments to drive innovation in AI, hybrid cloud and quantum.

Selling, general and administrative$4,620M-2.7% YoY

Lower spending from productivity actions, partially offset by operating expenses from acquired businesses and higher amortization of acquired intangibles.

Interest expense$491M-0.2% YoY

Essentially unchanged year to year.

Margins: Gross profit margin was 56.8%, down 0.5 points, reflecting investments in innovation and product mix; operating (non-GAAP) gross margin was 58.5%, down 0.2 points. Pre-tax margin was 14.6%, down 0.3 points.

Watch Items from the Filing

Consulting segment profit margin fell to 12.2% from 12.9%, with gross margin down 1.9 points to 27.4%, reflecting digital asset investments.
Remaining performance obligations of approximately $69B, with about 70% expected to be recognized over the subsequent two years.
Total debt rose to $63.8B, and working capital turned negative at $(5.3)B with a current ratio of 0.85:1.
IRS has proposed adjustments on 2013-2016 U.S. returns; the company strongly disagrees and will pursue appeals or court resolution if necessary.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →

Key Metrics

Revenue

Q3 2026

EDGAR

Net Income

Q3 2026

EDGAR

EPS (Diluted)

Q3 2026

EDGAR

Operating Margin

Q3 2026

EDGAR

ROIC

Q3 2026

EDGAR

Free Cash Flow

Q3 2026

EDGAR

Debt/Equity

Q3 2026

EDGAR

Financial Trends

Revenue & Net Income

13fpro.ai/company/IBM

Earnings Per Share

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INTERNATIONAL BUSINESS MACHINES CORP reported revenue, net income and margins by fiscal period, from SEC filings.
Period	Form	Revenue	Net income	Op. marginOperating margin
FY 2025	10-K	$67.5B	$10.6B	15.3%
FY 2024	10-K	$62.8B	$6.0B	9.2%
FY 2023	10-K	$61.9B	$7.5B	14.1%
FY 2022	10-K	$60.5B	$1.6B	1.9%
FY 2021	10-K	$57.4B	$5.7B	8.4%
FY 2020	10-K	$55.2B	$5.6B	4.7%

About INTERNATIONAL BUSINESS MACHINES CORP (IBM): stock profile, AI score and financials

INTERNATIONAL BUSINESS MACHINES CORP (IBM) stock profile, AI quality score, and SEC EDGAR financial data, a Technology sector company. 13F Pro's AI-powered ranking engine scores IBM at 69.6/100 on a composite quality score built from its SEC filings, placing it at rank #239 of 2,925 stocks — the top 10% of the AI-ranked universe. IBM scores in the top quartile across revenue scale (97.7), profitability (78.7), balance sheet strength (78.5). Shareholder dilution risk is elevated at 35.0/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q3 2026), INTERNATIONAL BUSINESS MACHINES CORP reports quarterly revenue of $17.1B, net income of $2.2B, an operating margin of 14.6%. Top institutional holders of IBM by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, STATE STREET, based on the most recent SEC filings. IBM trades on the NYSE exchange and files with the SEC under CIK 51143. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate IBM daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for INTERNATIONAL BUSINESS MACHINES CORP directly from SEC EDGAR.

Financials through the period ended Sep 30, 2026SEC EDGAR: CIK 51143 →

INTERNATIONAL BUSINESS MACHINES CORP IBM

Top Institutional Holders

What's Driving IBM's Business? Latest 10-Q Breakdown

Biggest Revenue Drivers

Biggest Revenue Drivers

Largest Expense Items

Watch Items from the Filing

Key Metrics

Financial Trends

Revenue & Net Income

Earnings Per Share

IBM key financials by period

IBM insiders

Congress trading in IBM

About INTERNATIONAL BUSINESS MACHINES CORP (IBM): stock profile, AI score and financials

INTERNATIONAL BUSINESS MACHINES CORP IBM

Top Institutional Holders

What's Driving IBM's Business? Latest 10-Q Breakdown

Biggest Revenue Drivers

Key Metrics

Financial Trends

Revenue & Net Income

Earnings Per Share

IBM key financials by period

Companies similar to IBM

IBM insiders

Congress trading in IBM

About INTERNATIONAL BUSINESS MACHINES CORP (IBM): stock profile, AI score and financials