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AI Earnings Analysis
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue | $67.53B | $62.75B | +7.62% |
Cost of Revenue | $28.24B | $27.2B | +3.82% |
Gross Profit | $39.3B | $35.55B | +10.54% |
Net Income | $10.59B | $6.02B | +75.88% |
EPS (Basic) | $11.36 | $6.53 | +73.97% |
EPS (Diluted) | $11.17 | $6.43 | +73.72% |
R&D Expense | $8.32B | $7.48B | +11.19% |
SG&A Expense | $20.12B | $19.69B | +2.21% |
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Total Assets | $151.88B | $137.18B | +10.72% |
Current Assets | $36.94B | $34.48B | +7.14% |
Total Liabilities | $119.14B | $109.78B | +8.52% |
Current Liabilities | $38.66B | $33.14B | +16.64% |
Stockholders' Equity | $32.65B | $27.31B | +19.56% |
Cash & Equivalents | $13.59B | $13.95B | -2.58% |
Long-Term Debt | $54.84B | $49.88B | +9.93% |
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Operating Cash Flow | $13.19B | $13.45B | -1.87% |
Investing Cash Flow | $-10.3B | $-4.94B | -108.67% |
Financing Cash Flow | $-3.83B | $-7.08B | +45.91% |
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Gross Margin | 58.2% | 56.7% | +1.54% |
Net Margin | 15.7% | — | — |
ROE | 32.4% | — | — |
ROA | 7.0% | — | — |
Current Ratio | $0.956 | — | — |
Debt to Equity | $3.649 | — | — |
IBM reported strong financial performance in 2025 with significant growth in net income and EPS, driven by increased revenue and improved gross margins.
IBM's revenue increased by 7.6% year-over-year, driven by strong performance in cloud services and software segments.
Source: Source: 10-K Income Statement, p.1
Gross profit rose by 10.5% due to effective cost management and increased efficiency in operations.
Source: Source: 10-K Income Statement, p.1
R&D expenses increased by 11.2%, reflecting IBM's commitment to innovation and maintaining competitive advantage.
Source: Source: 10-K Income Statement, p.1
IBM's debt to equity ratio is 3.65, indicating a high level of leverage which could pose financial risks if interest rates rise or cash flows decrease.
Source: Source: 10-K Balance Sheet, p.1
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