International Business Machines (IBM) 10-K Summary — Year Ended Dec 31, 2024
This filing is the annual report for International Business Machines Corporation. It covers the company's business, risk factors, and financial results for the recent period.
Key takeaway
Year ended Dec 31, 2024 · FY2025 10-K
This filing is the annual report for International Business Machines Corporation. It covers the company's business, risk factors, and financial results for the recent period.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$62.8B
Revenue reported for the fiscal year.
Operating income
n/a
Income from operations reported for the year.
Net income
$6B
Net income reported for the year.
Operating cash flow
$13.4B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $57.4B | n/a |
| Dec 31, 2022 | $60.5B | +5.5% |
| Dec 31, 2023 | $61.9B | +2.2% |
| Dec 31, 2024 | $62.8B | +1.4% |
Business overview
The company's business activities are described in the Business overview section of the filing. The filing also includes discussions on risk factors and management's analysis.
Financial performance
Revenue has shown a trend of modest growth over the recent periods reported. Net income and operating cash flow were positive for the latest period.
Material risks
The filing identifies risk factors in a dedicated section. These risks pertain to the company's operations, industry, and other business aspects.
Liquidity and capital
Operating cash flow was positive, supporting the company's liquidity position. The filing does not provide specific capital allocation plans beyond the reported cash flow.
What to watch
Monitor the revenue growth trend in the next filing to assess the company's continued performance.