IBM International Business MacHines Corp - 10-K
Filed Feb 24, 2026 for fiscal period ending Dec 31, 2025. See issuer overview · financials · original on SEC.gov ↗
Accession
0000051143-26-000010Signal
Neutralfull-docYoY shift: Neutral
Year-over-year tone shift - average net-tone change across Risk Factors and MD&A vs the prior 10-K. This filing is 0.05pp more bullish than last year's.
Why YoY instead of absolute: the LM lexicon has ~6.6× more negative words than positive (legal/risk-disclosure language is heavy on hedging), so every 10-K reads bearish on raw tone. Year-over-year change strips that bias and surfaces the actual shift in management's framing.
Per-snippet highlights
Sentence-level sentiment highlighting with category and subcategory filters is coming once the snippet-scoring pipeline lands. For now, dig into the actual section text on the Sections tab.
No section text extracted for this filing. The 10-K may use a non-standard template that the parser doesn't recognize - the original doc is still linked in the Stats tab.
No section text extracted for this filing. The 10-K may use a non-standard template that the parser doesn't recognize - the original doc is still linked in the Stats tab.
Material contracts, certifications & more
12 exhibits filed with this 10-K
- Exhibit 21ibm-20251231x10kex21.htm · 89.3 KB
- Exhibit 41ibm-20251231x10kex41.htm · 784.6 KB
- Exhibit 101ibm-202512x31x10kex101.htm · 85.6 KB
- Exhibit 102ibm-20251231x10kex102.htm · 10.0 KB
- Exhibit 231ibm-20251231x10kex231.htm · 2.9 KB
- Exhibit 241ibm-20251231x10kex241.htm · 41.5 KB
- Exhibit 242ibm-20251231x10kex242.htm · 1.7 KB
- Exhibit 311ibm-20251231x10kex311.htm · 9.5 KB
- Exhibit 312ibm-20251231x10kex312.htm · 9.5 KB
- Exhibit 321ibm-20251231x10kex321.htm · 4.8 KB
- Exhibit 322ibm-20251231x10kex322.htm · 4.8 KB
- 0000051143-26-000010-index-headers.html0000051143-26-000010-index-headers.html
- Ticker
- IBM
- CIK
0000051143- Form Type
- 10-K
- Accession Number
0000051143-26-000010- Filed
- Feb 24, 2026
- Period
- Dec 31, 2025 (Q4 25)
- Industry
- Computer & office Equipment
External resources
Permalink
https://insiderdelta.com/issuers/IBM/10-k/0000051143-26-000010