International Business Machines Corporation balance sheet
At the end of its fiscal year on Dec 31, 2025, International Business Machines Corporation reported total assets of $151.88B and shareholders' equity of $32.65B. That works out to liabilities equal to 78% of assets, a current ratio of 0.96 (current assets ÷ current liabilities), long-term debt of 1.68× shareholders' equity.
Balance sheet at each fiscal year end
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $117.47B | $125.36B | $123.38B | $152.19B | $155.97B | $132.00B | $127.24B | $135.24B | $137.18B | $151.88B |
| Current assets | $43.89B | $49.73B | $49.15B | $38.42B | $39.16B | $29.54B | $29.12B | $32.91B | $34.48B | $36.94B |
| Cash & equivalents | $7.83B | $11.97B | $11.38B | $8.17B | $13.19B | $6.65B | $7.89B | $13.07B | $13.95B | $13.59B |
| Total liabilities | $99.08B | $107.63B | $106.45B | $131.20B | $135.24B | $113.00B | $105.22B | $112.63B | $109.78B | $119.14B |
| Current liabilities | $36.27B | $37.36B | $38.23B | $37.70B | $39.87B | $33.62B | $31.50B | $34.12B | $33.14B | $38.66B |
| Long-term debt | $34.66B | $39.84B | $35.60B | $54.10B | $54.22B | $44.92B | $46.19B | $50.12B | $49.88B | $54.84B |
| Shareholders' equity | $18.25B | $17.59B | $16.80B | $20.84B | $20.60B | $18.90B | $21.94B | $22.53B | $27.31B | $32.65B |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 |
Balance-sheet figures are point-in-time values on the last day of each fiscal year. Some companies (for example banks and insurers) do not present current assets and liabilities; those cells show —.
Source: SEC EDGAR XBRL company facts for CIK 51143 (raw data). Most recent filing in this dataset: 10-Q filed Oct 22, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.