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INTERNATIONAL BUSINESS MACHINES CORP (IBM)

10-K · FY2025 · Filed Feb 24, 2026

Accession: 0000051143-26-000010

INTERNATIONAL BUSINESS MACHINES CORP (IBM)'s FY2025 10-K was filed with the SEC on (accession 0000051143-26-000010). Per Item 1 of the filing, its products include Red Hat OpenShift, watsonx, IBM Z mainframe, IBM Power and IBM Storage; it names Alphabet (Google), Amazon, BMC, Broadcom and Microsoft among its competitors; customer segments: Large enterprises, Small and medium businesses, Governments (U.S. Federal, state and local, and non-U.S.), Financial services and Healthcare.

Item 1 — Business overview

Products

  • Red Hat OpenShift
  • watsonx AI platform
  • IBM Z mainframe
  • IBM Power servers
  • IBM Storage
  • HashiCorp Terraform
  • Apptio
  • IBM Cloud
  • IBM Consulting
  • IBM Quantum

Product categories

  • Hybrid Cloud Software
  • Automation Software
  • Data Software
  • Transaction Processing Software
  • Strategy & Technology Consulting
  • Intelligent Operations Consulting
  • Hybrid Infrastructure (servers, storage)
  • Infrastructure Support
  • Client and Commercial Financing

Customer segments

  • Large enterprises
  • Small and medium businesses
  • Governments (U.S. Federal, state and local, and non-U.S.)
  • Financial services
  • Healthcare
  • Critical infrastructure
  • Regulated industries

Go to market

  • Direct sales force
  • Third-party distributors and resellers
  • Independent software vendors and service providers
  • Hyperscaler partnerships (AWS, Microsoft, Oracle)
  • Global system integrators
  • Ecosystem partners and alliances
  • Financing offered through IBM Financing

Named competitors

  • Alphabet (Google)
  • Amazon
  • BMC
  • Broadcom
  • Microsoft
  • Oracle
  • Salesforce
  • SAP
  • Splunk (a CISCO Company)
  • Accenture
  • Capgemini
  • Dell Technologies

Raw Item 1 preview

CHX 0000051143 2025 FY false http://fasb.org/us-gaap/2025#Revenues http://fasb.org/us-gaap/2025#Revenues http://fasb.org/us-gaap/2025#Revenues P1Y http://fasb.org/us-gaap/2025#SellingGeneralAndAdministrativeExpense http://fasb.org/us-gaap/2025#SellingGeneralAndAdministrativeExpense http://fasb.org/us-gaap/2025#SellingGeneralAndAdministrativeExpense P1Y P1Y http://fasb.org/us-gaap/2025#AccountsPayableCurrent http://fasb.org/us-gaap/2025#AccountsPayableCurrent http://fasb.org/us-gaap/2025#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization http://fasb.org/us-gaap/2025#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization http://fasb.org/us-gaap/2025#ShortTermBorrowings http://fasb.org/us-gaap/2025#ShortTermBorrowings http://fasb.org/us-gaap/2025#LongTermDebtNoncurrent http://fasb.org/us-gaap/2025#LongTermDebtNoncurrent P5Y P3Y http://www.ibm.com/20251231#OtherExpenseAndIncome http://www.ibm.com/20251231#AccruedLiabilitiesAndOtherLiabilitiesCurrent http://www.ibm.com/20251231#AccruedLiabilitiesAndOtherLiabilitiesCurrent http://fasb.org/us-gaap/2025#ShortTermBorrowings http://fasb.org/us-gaap/2025#ShortTermBorrowings http://fasb.org/us-gaap/2025#LongTermDebtNoncurrent http://fasb.org/us-gaap/2025#LongTermDebtNoncurrent http://fasb.org/us-gaap/2025#CostOfRevenue http://fasb.org/us-gaap/2025#InterestExpense http://fasb.org/us-gaap/2025#SellingGeneralAndAdministrativeExpense http://www.ibm.com/20251231#OtherExpenseAndIncome http://fasb.org/us-gaap/2025#CostOfRevenue http://fasb.org/us-gaap/…

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