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IBM

HQ United States · North America

Directory listing. Financial health and risk summaries come from public sources only (see below); products have not been catalogued yet. Source: HSH editorial list from public company information, November 2026 — awaiting verification.

At a glance

Financial health
Band: Strong
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Financial health

Band: StrongListed: IBM

FY2025 revenue $67.53bn (+7.6%); pre-tax margin 15.3%; net income $10.59bn.

Cash $14.50bn; debt $61.30bn.

Source: official results release · Year ended 2025-12-31 · Band from the latest full-year operating margin in official results: 10% or more Strong, 0–10% Fair, below 0 Weak. Where operating profit is not published, the stated alternative margin is used. Not assessed means no usable public figures.

YearRevenueGrowthOperating profitNet incomeCovers
FY2025US$67.5bn+7.6%US$10.3bnUS$10.6bnIBM

Products & services

Products not yet catalogued.

Financial

FY2025 revenue $67.53bn (+7.6%); pre-tax margin 15.3%; net income $10.59bn.

Cash $14.50bn; debt $61.30bn.

Researched 8 Nov 2026

Adverse media

Jun 2026: a False Claims Act lawsuit by a former IBM threat-intelligence executive was unsealed, alleging IBM concealed foreign hacks of systems used by US government customers; the DOJ declined to intervene and IBM said it is confident it complied with the law.

Researched 10 Nov 2026

Cyber & information governance

Jun 2026: an unsealed whistleblower lawsuit alleges IBM failed to disclose repeated breaches by foreign state-backed hackers (including APT10, 2013-2016) to US government customers; IBM says it complied with the law. No regulator action found. NHS DSPT status not yet checked.

Researched 10 Nov 2026

Regulatory & clinical safety

IT services and software supplier; no regulatory or clinical safety actions found in the last 24 months.

Researched 10 Nov 2026

Contract performance

Feb 2025: NHS England increased the value of IBM's NHS App contract from £52.4m to £78.6m to fund new features; the core contract was due to expire in Jun 2026. Oct 2025: the DWP hired IBM to support AI projects.

Researched 10 Nov 2026

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