IBM (IBM) FY2024 10-K Annual Report

Filed: Feb 25, 2025
Industrials
Computer & office EquipmentSEC EDGAR

IBM (IBM) 10-K annual report for fiscal year 2024, filed with SEC EDGAR on Feb 25, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

IBM FY2024 10-K Analysis

Business Overview

  • Core business: technology and consulting services primarily focused on cloud, AI, and software solutions
  • No new products or business segments introduced or emphasized in this filing year
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Risk Factors

  • Cybersecurity risk oversight by E&TS and CISO with no material adverse incidents to date, but future risks remain uncertain
  • Executive cybersecurity governance involving SVP Sponsor, CLO, Cybersecurity Advisory Committee, and Board oversight structure
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IBM FY2024 Key Financial Metrics
XBRL

Revenue

$62.8B

+1.4% YoY

Net Income

$6.0B

-19.7% YoY

Gross Margin

56.7%

+120bp YoY

Net Margin

9.6%

-253bp YoY

ROE

22.1%

-1124bp YoY

Total Assets

$137.2B

+1.4% YoY

EPS (Diluted)

$6.43

-21.0% YoY

Operating Cash Flow

$13.4B

-3.5% YoY

Source: XBRL data from IBM FY2024 10-K filing on SEC EDGAR. All figures in USD.

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