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U.S. COMPANY FILING

INTERNATIONAL BUSINESS MACHINES CORP — Form 10-K filed 2026-02-24

Filed: 2026-02-24Company: INTERNATIONAL BUSINESS MACHINES CORPTicker: IBMExchange: NYSEForm: 10-KReport period: 2025-12-31SEC accession: 0000051143-26-000010Event: otherMateriality: 70

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IBM filed its 10-K for fiscal year 2025, disclosing total assets of $151.88B, cash of $13.587B, and total debt of $62.286B. Cost of revenue was $28.239B, with intangible amortization of $2.737B. Risks include economic downturn, AI competition, and cybersecurity. Subsequent events indicate debt issuance in February 2026.

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