What is the 13F Pro Quality Score for IBM?

13F Pro ranks INTERNATIONAL BUSINESS MACHINES CORP (IBM) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View IBM's current score at https://13fpro.ai/company/IBM (free sign-up required for the full ranking).

Which hedge funds own the most IBM stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of IBM include BlackRock,, VANGUARD CAPITAL MANAGEMENT, STATE STREET. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/IBM as soon as new 13F filings post.

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.

What sector is IBM in?

INTERNATIONAL BUSINESS MACHINES CORP (IBM) is classified in the Industrials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/industrials.

What drives IBM's revenue?

Per INTERNATIONAL BUSINESS MACHINES CORP's latest 10-Q filed with the SEC on 2026-07-23, the biggest revenue drivers are: Software ($7,761M, +5.1% YoY); Consulting ($5,327M, +0.2% YoY); Infrastructure ($3,835M, -7.4% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/IBM.

What are IBM's largest expenses?

INTERNATIONAL BUSINESS MACHINES CORP's latest 10-Q reports these as the largest expense items: Selling, general and administrative ($4,981M, -0.9% YoY); Research and development ($2,311M, +10.2% YoY); Total cost of revenue ($7,255M, n/a). Sourced directly from SEC EDGAR filing text for Q2 2026 (quarter ended June 30, 2026).

How often is IBM research updated on 13F Pro?

IBM's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

INTERNATIONAL BUSINESS MACHINES CORP(IBM)Stock Analysis

AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →

Industrials →NYSEmega

Institutional-grade research for retail investors

SEC EDGAR: CIK 51143 IBM stock profile & AI dashboard →

13F Pro Quality Score

70.0/100

Rank #231 of 2,961 stocksTOP 10%

View Industrials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

49.7/100

Profitability

79.7/100

Balance Sheet

77.7/100

Earnings Quality

52.7/100

Free Cash Flow

72.8/100

Institutional Flow

75.4/100

Revenue Scale

97.8/100

Dilution Risk

35.9/100

Email me the moment this company reports earnings

AI Research Report

Two-page plain-English analysis: business, thesis, and three scenarios for the next two years. Refreshed every quarter.

Upgrade to Pro

Pro: 5 reports/month · Pro+: unlimitedOpinion, not investment advice. Do your own research.

Why IBM Scores 70/100

exact factor attribution · 2026-09-11

IBM's composite is driven by scale and profitability. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Scale

+7.2 pts

98th pct

Profitability

+4.5 pts

80th pct

Free cash flow

+3.4 pts

73th pct

Capital efficiency

+2.8 pts

78th pct

Earnings growth

+1.4 pts

78th pct

Institutional flow

+1.3 pts

75th pct

Earnings quality

+0.3 pts

53th pct

Revenue growth

-0.1 pts

50th pct

Shareholder dilution

-0.7 pts

36th pct

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

IBM Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for INTERNATIONAL BUSINESS MACHINES CORP (IBM), a Industrials sector company. 13F Pro's AI-powered ranking engine scores IBM at 70.0/100 on a 32-signal composite quality model, placing it at rank #231 of 2,961 stocks — the top 10% of the AI-ranked universe. IBM scores in the top quartile across revenue scale (97.8), profitability (79.7), balance sheet strength (77.7). Shareholder dilution risk is elevated at 35.9/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), INTERNATIONAL BUSINESS MACHINES CORP reports quarterly revenue of $17.2B, net income of $2.2B, an operating margin of 14.4%. 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. INTERNATIONAL BUSINESS MACHINES CORP's 13F Pro composite quality score has ranged between 40 and 71 since 2021, currently 70.0 — an improving long-term trajectory across 68 quarterly and live scoring snapshots.

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

✓ 23/23 datapoints verified

AI-extracted from INTERNATIONAL BUSINESS MACHINES CORP's 10-Q filed 2026-07-23 — Q2 2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Revenue rose just 1.1% to $17.2B as IBM Z fell 42% on a late-June client spending shift, pulling gross margin down 1.0 point to 57.7%.

Biggest Revenue Drivers

Software$7,761M+5.1% YoY

Recent acquisitions contributed strongly; ~80% recurring revenue base grew healthily

Consulting$5,327M+0.2% YoY

Demand for application modernization, data transformation and cybersecurity services

Biggest Revenue Drivers

Total revenue: $17.2B+1.1% YoY

Software$7,761M+5.1% YoY

Recent acquisitions contributed strongly; ~80% recurring revenue base grew healthily

Within Software

Data$1,782M+18.9% YoY

Reflects contribution from recent acquisitions, primarily Confluent

Consulting$5,327M+0.2% YoY

Demand for application modernization, data transformation and cybersecurity services

Infrastructure$3,835M-7.4% YoY

IBM Z shortfall against a historically strong prior-year z17 launch

Financing$186M+12.2% YoY

Increase in client financing assets

Largest Expense Items

Selling, general and administrative$4,981M-0.9% YoY

Productivity actions offset higher acquired-business expense and intangible amortization

Research and development$2,311M+10.2% YoY

Organic and inorganic investments in AI, hybrid cloud and quantum

Total cost of revenue$7,255Mn/a

Cost of sales rose to $1,854M from $1,630M on mix

Interest expense$486M-4.6% YoY

Lower average interest rates partially offset by higher average debt balances

Margins: Gross margin of 57.7% fell 1.0 point on the revenue shortfall and mix, partly offset by productivity actions. Infrastructure margin dropped 3.1 points; Software and Consulting segment margins improved.

Watch Items from the Filing

IBM Z revenue fell 42.0% as large deals failed to close in late June, with clients redirecting spend to supply-constrained servers, storage and memory.
Distributed Infrastructure revenue rose 37.3%, the strongest quarter on record, with double-digit growth in both Storage and Power.
Cash, restricted cash and marketable securities fell $6.3B to $8.2B while debt rose to $62.0B, after the $11.6B Confluent acquisition.
IRS has proposed adjustments on cross-border transactions for 2013-2014 and 2015-2016 returns; company disagrees and may pursue resolution in court.
Announced plans to invest more than $10 billion in quantum over five years, plus a $1 billion cash contribution toward the Anderon foundry.

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

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$17.2B

Net Income

Q2 2026

$2.2B

Free Cash Flow

Q2 2026

$2.4B

Operating Margin

Q2 2026

14.4%

ROIC

Q2 2026

9.7%

D/E Ratio

Q2 2026

1.97

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+7.6% YoY

$67.53BFY 2025

FY22 $60.53BFY23 $61.86BFY24 $62.75BFY25 $67.53B

Net Income

+75.9% YoY

$10.59BFY 2025

FY22 $1.64BFY23 $7.50BFY24 $6.02BFY25 $10.59B

EPS (Diluted)

+73.7% YoY

$11.17FY 2025

FY22 $1.80FY23 $8.14FY24 $6.43FY25 $11.17

Total Assets

+10.7% YoY

$151.88BFY 2025

FY22 $127.24BFY23 $135.24BFY24 $137.18BFY25 $151.88B

Total Debt

+12.7% YoY

$67.68BFY 2025

FY22 $55.70BFY23 $62.97BFY24 $60.03BFY25 $67.68B

Op. Cash Flow

-1.9% YoY

$13.19BFY 2025

FY22 $10.44BFY23 $13.93BFY24 $13.45BFY25 $13.19B

Free Cash Flow

-2.4% YoY

$12.10BFY 2025

FY22 $9.09BFY23 $12.69BFY24 $12.40BFY25 $12.10B

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$67.53B +7.6%	$62.75B +1.4%	$61.86B +2.2%	$60.53B +5.5%	$57.35B +3.9%	$55.18B
Net Income	$10.59B +75.9%	$6.02B -19.7%	$7.50B +357.7%	$1.64B -71.5%	$5.74B +2.7%	$5.59B
EPS (Diluted)	$11.17 +73.7%	$6.43 -21.0%	$8.14 +352.2%	$1.80 -71.7%	$6.35 +1.9%	$6.23
Total Assets	$151.88B +10.7%	$137.18B +1.4%	$135.24B +6.3%	$127.24B -3.6%	$132.00B -15.4%	$155.97B
Total Debt	$67.68B +12.7%	$60.03B -4.7%	$62.97B +13.1%	$55.70B -4.7%	$58.47B -14.7%	$68.52B
Operating Cash Flow	$13.19B -1.9%	$13.45B -3.5%	$13.93B +33.5%	$10.44B -18.5%	$12.80B -29.7%	$18.20B
Free Cash Flow	$12.10B -2.4%	$12.40B -2.3%	$12.69B +39.6%	$9.09B -15.3%	$10.73B -31.1%	$15.58B

Get alerted when IBM's score changes

Free account: watchlist tracking, the daily AI brief, and the AI screener.

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Available Research

13F Pro tracks comprehensive data for INTERNATIONAL BUSINESS MACHINES CORP including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of IBM

BlackRock, Inc.
$21.6B76,763,481 sh
VANGUARD CAPITAL MANAGEMENT LLC
$17.3B61,385,366 sh
STATE STREET CORP
$15.8B56,045,055 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$8.0B28,348,295 sh
GEODE CAPITAL MANAGEMENT, LLC
$6.6B23,448,500 sh
MORGAN STANLEY
$4.9B17,459,828 sh
Capital World Investors
$4.6B16,207,905 sh
BANK OF AMERICA CORP /DE/
$4.2B14,988,328 sh
JPMORGAN CHASE & CO
$3.5B12,445,411 sh
NORTHERN TRUST CORP
$2.9B10,227,731 sh

Fund	Value	Shares
BlackRock, Inc.	$21.6B	76,763,481
VANGUARD CAPITAL MANAGEMENT LLC	$17.3B	61,385,366
STATE STREET CORP	$15.8B	56,045,055
VANGUARD PORTFOLIO MANAGEMENT LLC	$8.0B	28,348,295
GEODE CAPITAL MANAGEMENT, LLC	$6.6B	23,448,500
MORGAN STANLEY	$4.9B	17,459,828
Capital World Investors	$4.6B	16,207,905
BANK OF AMERICA CORP /DE/	$4.2B	14,988,328
JPMORGAN CHASE & CO	$3.5B	12,445,411
NORTHERN TRUST CORP	$2.9B	10,227,731

Companies Similar to IBM

Ranked by quality-profile closeness and shared hedge-fund ownership — not just sector membership.

CAT

CATERPILLAR INC

AI score

Very similar · 45 shared holders

Capital World Investors PeakShares LLC National Pension Service

RTX

RTX Corp

AI score

Very similar · 35 shared holders

Capital World Investors Capital Wealth Planning, LLC National Pension Service

UNP

UNION PACIFIC CORP

AI score

Very similar · 24 shared holders

Capital World Investors National Pension Service abrdn plc

BAC

BANK OF AMERICA CORP /DE/

AI score

Very similar · 35 shared holders

Capital World Investors National Pension Service abrdn plc

LMT

LOCKHEED MARTIN CORP

AI score

Very similar · 31 shared holders

Capital World Investors National Pension Service PeakShares LLC

WFC

WELLS FARGO & COMPANY/MN

AI score

Very similar · 35 shared holders

Capital World Investors National Pension Service abrdn plc

BOEING CO

AI score

Very similar · 28 shared holders

Capital World Investors National Pension Service PeakShares LLC

ASML

ASML HOLDING NV

AI score

Shared smart-money ownership · 13 shared holders

Capital World Investors TCW GROUP INC Chevy Chase Trust Holdings, LLC

Similarity is computed from the 8 composite sub-scores and latest-quarter 13F conviction holdings (index-style filers excluded). Refreshed monthly.

More Industrials Companies

View all Industrials →

AADX

Applied Aerospace & Defense, Inc.

AAL

American Airlines Group Inc.

AAON

AAON, INC.

ABM

ABM INDUSTRIES INC /DE/

ACA

Arcosa, Inc.

ACHR

Archer Aviation Inc.

ACLS

AXCELIS TECHNOLOGIES INC

ACMR

ACM Research, Inc.

Put IBM on your watchlist

Track score changes the day INTERNATIONAL BUSINESS MACHINES CORP files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.

View Pricing

Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Popular Research

AAPL

Apple

MSFT

Microsoft

NVDA

NVIDIA

GOOG

Alphabet

AMZN

Amazon

Is IBM a good stock to buy?

13F Pro's AI-powered analysis of INTERNATIONAL BUSINESS MACHINES CORP (IBM) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for IBM are available on the IBM stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. IBM is classified as a mega company.

Which hedge funds own IBM?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling IBM. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of INTERNATIONAL BUSINESS MACHINES CORP's investment landscape.