8-KEarnings & ResultsExhibits & Filings

INTERNATIONAL BUSINESS MACHINES CORP 8-K Report, Financial Results (Apr 23, 2025)

Filed April 23, 2025For Securities:IBM

Summary

IBM filed an 8-K on April 23, 2025, to report its financial results for the period ending March 31, 2025. The filing primarily serves as a vehicle to furnish their earnings release (Exhibit 99.1) and supplementary non-GAAP financial information (Exhibit 99.2), both dated April 23, 2025. While the 8-K itself does not contain the detailed financial figures, it directs investors to these exhibits for a comprehensive overview of the company's performance, including GAAP and non-GAAP measures. Investors should review the earnings release and the non-GAAP reconciliation provided to understand IBM's financial condition and results of operations for the first quarter of 2025. The company emphasizes that this information is furnished and not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934, indicating a procedural distinction regarding liability for the furnished content.

Key Highlights

  • 1IBM announced its financial results for the period ended March 31, 2025, via an 8-K filing on April 23, 2025.
  • 2The filing includes an earnings release (Exhibit 99.1) detailing the company's financial performance.
  • 3Supplemental non-GAAP financial information and reconciliations are provided in Exhibit 99.2.
  • 4Management believes the non-GAAP measures offer useful insights to investors.
  • 5Detailed financial data and performance metrics are available in the furnished exhibits, not directly within the 8-K text.
  • 6The information furnished in this 8-K is not considered 'filed' under Section 18 of the Securities Exchange Act of 1934.

Frequently Asked Questions

The actual financial results and detailed performance metrics for the period ended March 31, 2025, are contained within Exhibit 99.1 (Earnings Release) and Exhibit 99.2 (Non-GAAP Metrics and Other Financial Information) attached to this 8-K filing.

IBM provides non-GAAP financial information because management believes it offers a more useful perspective to investors for understanding the company's ongoing operational performance. Reconciliations to GAAP measures are included to allow for comparison.

No, the 8-K filing itself does not contain the specific numerical results. It serves as a notification and a container for the earnings release (Exhibit 99.1) and supplementary information (Exhibit 99.2) where those details are presented.

Information that is 'furnished' is provided to the SEC but is generally not subject to the same liability provisions under Section 18 of the Securities Exchange Act of 1934 as information that is 'filed'. This means the company may have less legal exposure to inaccuracies in furnished information compared to filed information.