International Business Machines CorpIBM
What International Business Machines Corp does.
International Business Machines Corporation (IBM or the company) was incorporated in the State of New York on June 16, 1911, as the Computing-Tabulating-Recording Co. (C-T-R), a consolidation of the Computing Scale Co. of America, the Tabulating Machine Co. and The International Time Recording Co. of New York. Since that time, IBM has focused on the intersection of business insight and technological innovation, and its operations and aims have been international in nature. This was signaled over 100 years ago, in 1924, when C-T-R changed its name to International Business Machines Corporation. And it continues today—we create sustained value for clients by helping them leverage the power of hybrid cloud and artificial intelligence (AI). Our hybrid cloud platform and AI technology support clients’ digital transformations and helps them reimagine critical workflows, at scale, and modernize applications to increase agility, drive innovation and create operational efficiencies. Our offerings draw from leading IBM capabilities in software, consulting services capability to deliver business outcomes, and deep incumbency in mission-critical infrastructure, all bolstered by one of the world’s leading research organizations.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $55.2B | $57.4B | $60.5B | $61.9B | $62.8B | $67.5B |
| Net income | $5.6B | $5.7B | $1.6B | $7.5B | $6.0B | $10.6B |
| Free cash flow | $15.6B | $10.7B | $9.1B | $12.7B | $12.4B | $12.1B |
More on IBM.
- International Business Machines Corp summary
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Figures from International Business Machines Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.