Similar companies
Income Statement (NONE)
| Q4 '25 | QoQ | |
|---|---|---|
| Revenue | 19.7B | 20.5% |
| Gross Profit | 12.1B | 26.4% |
| Cost of Revenue | 7.57B | 12.3% |
| Operating expense | 7.95B | 14.8% |
| Net Income | 5.6B | 221.1% |
| EBITDA | 5.92B | 40.8% |
Balance Sheet (NONE)
| Q4 '25 | QoQ | |
|---|---|---|
| Total Assets | 152B | 3.8% |
| Total Liabilities | 119B | 0.7% |
| Total Equity | 32.6B | 17% |
| Shares Outstanding | 952M | 0.4% |
Cash Flow (NONE)
| Q4 '25 | QoQ | |
|---|---|---|
| Cash from operations | 4.04B | 31.1% |
| Cash from investing | 1.42B | 423.5% |
| Cash from financing | -3.41B | 13.1% |
EPS
Financial Highlights for IBM in Q4 '25
IBM reported a revenue of 19.7B, which is a 20.5% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 12.1B, marking a 26.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 7.57B, a 12.3% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 7.95B, showing a 14.8% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 5.6B, showing a 221.1% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 5.92B, showing a 40.8% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for IBM with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
