International Business Machines Balance Sheet
NYSE: IBMTechnologyComputer ManufacturingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
International Business Machines financial position
At the end of fiscal 2025, International Business Machines reported total assets of $151.88 billion, up 10.7% from a year earlier against total liabilities of $119.14 billion. Shareholders' equity stood at $32.65 billion, or 21.5% of assets. The company held $13.59 billion in cash and equivalents against $67.68 billion of debt, a net debt position of $54.10 billion.
The current ratio (current assets divided by current liabilities) was 0.96, meaning short-term obligations exceed short-term assets. Debt-to-equity was 2.07.
Summary generated from market data by MetaCap's automated system. Methodology
International Business Machines balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 13.59B | 13.95B | 13.07B | 7.89B | 6.65B | 13.19B | 8.17B | 11.38B | 11.97B | 7.83B |
| Short-Term Investments | — | — | — | — | — | 600.00M | 696.00M | 618.00M | 608.00M | 701.00M |
| Receivables | 8.11B | 6.80B | 7.21B | 6.54B | 6.75B | 5.79B | 7.87B | 7.43B | 8.93B | 9.18B |
| Inventory | 1.22B | 1.29B | 1.16B | 1.55B | 1.65B | 1.81B | 1.62B | 1.68B | 1.58B | 1.55B |
| Total Current Assets | 36.94B | 34.48B | 32.91B | 29.12B | 29.54B | 39.16B | 38.42B | 49.15B | 49.73B | 43.89B |
| Property, Plant & Equipment | 5.90B | 5.73B | 5.50B | 5.33B | 5.69B | 6.21B | 10.01B | 10.79B | 11.12B | 10.83B |
| Goodwill | 67.72B | 60.71B | 60.18B | 55.95B | 55.64B | 53.77B | 52.47B | 36.27B | 36.79B | 36.20B |
| Intangible Assets | 11.39B | 10.66B | 11.04B | 11.18B | 12.51B | 13.74B | 15.23B | 3.09B | 3.74B | 4.69B |
| Long-Term Investments | — | — | — | — | — | — | — | — | 11.00M | 8.00M |
| Total Assets | 151.88B | 137.18B | 135.24B | 127.24B | 132.00B | 155.97B | 152.19B | 123.38B | 125.36B | 117.47B |
| Accounts Payable | 4.76B | 4.03B | 4.13B | 4.05B | 3.96B | 4.03B | 4.90B | 6.56B | 6.45B | 6.21B |
| Short-Term Debt | 12.85B | 10.15B | 12.85B | 9.51B | 13.55B | 14.10B | 16.32B | 10.21B | 6.99B | 7.51B |
| Total Current Liabilities | 38.66B | 33.14B | 34.12B | 31.50B | 33.62B | 39.87B | 37.70B | 38.23B | 37.36B | 36.27B |
| Long-Term Debt | 54.84B | 49.88B | 50.12B | 46.19B | 44.92B | 54.22B | 54.10B | 35.60B | 39.84B | 34.66B |
| Total Liabilities | 119.14B | 109.78B | 112.63B | 105.22B | 113.00B | 135.24B | 131.20B | 106.45B | 107.63B | 99.08B |
| Shareholders' Equity | 32.65B | 27.31B | 22.53B | 21.94B | 18.90B | 20.60B | 20.84B | 16.80B | 17.59B | 18.25B |
| Retained Earnings | 155.65B | 151.16B | 151.28B | 149.82B | 154.21B | 162.72B | 162.95B | 159.21B | 153.13B | 152.76B |
| Total Debt | 67.68B | 60.03B | 62.97B | 55.70B | 58.47B | 68.32B | 70.42B | 45.81B | 46.82B | 42.17B |
| Net Cash (Debt) | -54.10B | -46.09B | -49.90B | -47.81B | -51.82B | -54.53B | -61.55B | -33.81B | -34.24B | -33.64B |
| Shares Outstanding | 936.95M | 926.29M | 915.01M | 906.09M | 898.07M | 892.65M | 887.11M | 892.48M | 922.18M | 945.87M |
This table shows 10 annual periods of International Business Machines's balance sheet, from FY 2025 back to FY 2016, across 20 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow IBM's reporting calendar. What is a balance sheet?