Summary
International Business Machines Corp. (IBM) filed an 8-K on July 23, 2025, primarily to report its financial results for the fiscal period ended June 30, 2025. The filing includes a press release (Exhibit 99.1) that details the company's performance, along with consolidated financial statements for the quarter. Investors should note that IBM is providing both GAAP and certain non-GAAP financial measures in its earnings release. Management believes these non-GAAP metrics offer valuable insights for investors, and reconciliations to the most directly comparable GAAP figures are provided within the press release itself. The company also included additional context regarding the rationale for using these non-GAAP measures in a separate exhibit (Exhibit 99.2). The information furnished here is for informational purposes and is not considered 'filed' under Section 18 of the Securities Exchange Act of 1934.
Key Highlights
- 1IBM announced its financial results for the period ended June 30, 2025.
- 2The 8-K filing contains a press release with consolidated financial statements.
- 3IBM is presenting both GAAP and non-GAAP financial measures to investors.
- 4Reconciliations between non-GAAP and GAAP financial measures are available in Exhibit 99.1.
- 5Exhibit 99.2 provides the company's rationale for using non-GAAP financial information.
- 6The information provided is furnished and not deemed 'filed' for Section 18 purposes.