International Business Machines Corporation Financial Statements FY2024-FY2026Q3

International Business Machines Corporation (IBM) Financial Statements in Beancount — Open Ledger

IBM's income statement and balance sheet, FY2024 through FY2026Q3, as a public, auditable plain-text Beancount ledger — reconstructed line by line from the company's own Form 10-K and 10-Q filings and version-controlled in git. Part of the Open Ledger project on beancount.io.

Browse it live: beancount.io/ledger/open_ledger/ibm

Latest analysis: IBM Q3 2026 Earnings: $17.1B Revenue (+4.7%) as Software Carries a Tax-Boosted 26% Profit Jump

Key Figures

Amounts in MUSD (millions of US dollars), exactly as the ledger records them.

What's Inside

Fiscal years end December 31. All figures sourced from IBM Form 10-K filings and the Q3 2026 earnings release (Form 8-K Exhibit 99.1). IBM's treasury stock exceeds its common stock and paid-in capital, so Equity:CommonStockAndAPIC is held net of treasury and carries a debit balance; the captive financing arm's receivables sit on the FinancingReceivables accounts. IBM prints whole millions, so residual …:Other lines absorb 1–2 of filing rounding per period as each file's banner notes.

Quick Start

uvx --from beancount bean-check main.bean
uvx --from beanquery bean-query main.bean \
  "SELECT year, sum(position) WHERE account ~ '^Income:Revenue' GROUP BY year ORDER BY year"

Zero output from bean-check means the ledger is internally consistent: every
income statement sums to zero and every balance-sheet snapshot reconciles to
the filed totals. The query prints revenue by calendar year; income is a
credit, so it shows as a negative number. Open main.bean in Fava
or import it into beancount.io to explore it visually.

Methodology

• Balance sheet — pad / balance directives assert each period-end
  figure against the filing named in that period file's source banner.
• Income statement — one zero-sum transaction per period: Income
  negative (credit), Expenses positive (debit), with the arithmetic check in
  a comment directly above it.
• Unit — MUSD; 17,103 MUSD means 17,103 million US dollars.
• Additional accounts — Assets:Current:RestrictedCash,
  Assets:Current:FinancingReceivables, Assets:Current:Inventory,
  Assets:NonCurrent:OperatingLeaseRightOfUse,
  Assets:NonCurrent:FinancingReceivables,
  Liabilities:Current:OperatingLeases,
  Liabilities:NonCurrent:DeferredRevenue,
  Liabilities:NonCurrent:OperatingLeases, Equity:NoncontrollingInterests,
  Expenses:Interest, Expenses:DiscontinuedOperations, opened beyond the
  standard chart (see each account's open line in main.bean).
• Other income, net — the filing's "Intellectual property and custom
  development income" and "Other (income) and expense" lines are netted onto
  one account per period (Income:OtherNet when income, Expenses:OtherNet
  in FY2024 when expense); each posting comment breaks out both lines.
• Quarterly cost — the Q3 release files gross profit rather than cost of
  revenue, so Expenses:CostOfRevenue is revenue less filed gross profit.
• Treasury stock — held net inside Equity:CommonStockAndAPIC (a debit
  balance), following the filing's presentation of one equity section.

Analysis

• IBM Q3 2026 Earnings: $17.1B Revenue (+4.7%) as Software Carries a Tax-Boosted 26% Profit Jump — FY2026Q3

Corrections

Found a figure that does not match the filing? Email
[email protected] with the period, the account
and the filing page. Corrections are committed with the source cited.

About Open Ledger

Open Ledger is a growing library of public-company financial statements
published as plain-text accounting at
beancount.io/ledger — git-versioned, diffable
across companies, and auditable against primary filings. Read the analysis
behind the numbers on the beancount.io blog.

Disclaimer

This ledger is an independent reconstruction of International Business Machines Corporation's publicly filed
financial statements, provided for educational and informational purposes
only. It is not investment, financial, legal, tax, or accounting advice, and
is not an offer or recommendation to buy or sell any security. Beancount.io is
not affiliated with, endorsed by, or sponsored by International Business Machines Corporation; all trademarks
belong to their respective owners. Figures may contain errors, omissions, or
simplifications and may lag the latest filings — the company's own regulatory
filings are the authoritative source. Provided "as is" without warranty of any
kind; use at your own risk.