US_IBM 2025-12-31 FY

Status: OK; Currency: USD; Amounts unit: millions; Forms: ✓ ✓ ✓

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Metric mapping (value → extracted evidence)

Metric values use dashboard units where applicable; evidence is the stored snippet from the PDF text layer or OCR used during extraction.

Structured statements (SEC US-GAAP)

Metric	Value	Evidence / page extract
Revenue	67 535	—
Operating profit	10 328	—
D&A	5 021	Row: derived: same-row components · dashboard=5,021.000 mln — derived: same-row components
EBITDA	15 349	—
Net profit	10 593	—
Cash	13 587	—
Debt short	7 503	—
Debt long	54 836	—
Net debt	48 752	Components: short debt 7 503 + long debt 54 836 + other financial liab. 0 + NCI 0 − cash 13 587 = net debt 48 752.Row: derived debt_short+debt_long-cash=48752.0 · dashboard=48,752.000 mln — derived debt_short+debt_long-cash=48752.0
Operating CF	13 193	—
Investing CF	-10 302	—
Assets	151 880	—
Equity	32 648	—

P&L (US-GAAP, duration)

Line item	XBRL tag	Value (USD mln)
Revenue	`Revenues`	67 535
Cost of revenue	`CostOfRevenue`	28 239
Gross profit	`GrossProfit`	39 297
Research and development	`ResearchAndDevelopmentExpense`	8 316
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	20 123
Operating income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	10 328
Interest expense	`InterestExpense`	1 935
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-242
Net income (loss)	`NetIncomeLoss`	10 593

Balance sheet (US-GAAP, point in time)

Line item	XBRL tag	Value (USD mln)
Total assets	`Assets`	151 880
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	13 587
Receivables (net)	`AccountsReceivableNetCurrent`	8 112
Inventory (net)	`InventoryNet`	1 220
PP&E (net)	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	5 899
Goodwill	`Goodwill`	67 717
Total liabilities	`Liabilities`	119 139
Long-term debt	`LongTermDebtNoncurrent`	54 836
Stockholders' equity	`StockholdersEquity`	32 648
Current / short-term debt (sum of tags)	`DebtCurrent+…`	7 503

Cash flow (US-GAAP, duration)

Line item	XBRL tag	Value (USD mln)
Operating cash flow	`NetCashProvidedByUsedInOperatingActivities`	13 193
Investing cash flow	`NetCashProvidedByUsedInInvestingActivities`	-10 302
Financing cash flow	`NetCashProvidedByUsedInFinancingActivities`	-3 829
Capex (PP&E purchases)	`PaymentsToAcquirePropertyPlantAndEquipment`	1 091

Source: data.sec.gov company facts. Quarterly cash-flow lines use the same incremental YTD logic as dashboard totals. Not all filers tag every line; tags are US-GAAP labels from the API.

Statement pages (discovery)

Statement previews & reconstructed tables

Page previews unavailable (missing PDF, no discovery pages, or PDF renderer not available).

✓	Balance sheet identity (A = L + E)	Implied total liabilities (TA − TE) = 119,232; known debt components fit within that envelope.
✓	Net debt formula	net_debt 48,752 matches \|debt_short\|+\|debt_long\|+\|other\|+\|NCI\|−\|cash\| = 48,752.
✓	EBITDA = OP + D&A	EBITDA (15,349) ≈ OP (10,328) + D&A (5,021) = 15,349.
✓	Net profit vs operating profit	Net profit (10,593) sits within a plausible band vs operating profit (10,328).
✓	Cash ≤ total assets	Cash (13,587) ≤ total assets (151,880).

US_IBM 2025-12-31 FY — report review