---
title: "IBM (IBM.US) — 財務報表"
type: "Symbol"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/quote/IBM.US/norm.md"
symbol: "IBM.US"
name: "IBM"
parent: "https://longbridge.com/zh-HK/quote/IBM.US.md"
datetime: "2026-05-20T07:16:49.901Z"
locales:
  - [en](https://longbridge.com/en/quote/IBM.US/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/IBM.US/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/IBM.US/norm.md)
---

# IBM (IBM.US) — 財務報表

## 損益表 (USD)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 每股收益 | 1.28 | 5.88 | 1.84 | 2.31 | 1.12 |
| ROE | 14.82% | 73.71% | 25.18% | 32.26% | 15.56% |
| 營業收入 | 15.92B | 19.69B | 16.33B | 16.98B | 14.54B |
| 凈利潤 | 1.22B | 5.60B | 1.74B | 2.19B | 1.05B |
| 營業利潤 | 2.20B | 4.88B | 2.80B | 3.11B | 1.80B |
| 毛利率 | 56.23% | 60.59% | 57.32% | 58.77% | 55.23% |
| 凈利率 | 7.64% | 28.45% | 10.68% | 12.92% | 7.26% |
| 利潤含金量 | 42.52% | 120.69% | 90.98% | 182.83% | 41.17% |

## 資產負債表 (USD)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 資產與負債 | 156.23B | 151.88B | 146.31B | 148.59B | 145.67B |
| 權益乘數 | 4.73 | 4.64 | 5.23 | 5.39 | 5.40 |
| 每股凈資產 | 35.08 | 34.84 | 29.85 | 29.53 | 28.92 |
| 資產周轉率 | 0.4565 | 0.4673 | 0.4661 | 0.4535 | 0.4443 |
| 現金及短投 | 11.78B | 14.42B | 14.86B | 15.45B | 17.46B |
| 存貨與應收 | 1.48B | 1.22B | 1.40B | 1.25B | 1.43B |
| 長期投資 | 9.00B | 9.03B | 9.07B | 9.26B | 9.06B |
| 凈債務 | 58.02B | 50.19B | 51.71B | 52.27B | 49.37B |

## 現金流量表 (USD)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 經營現金流 | 5.17B | 4.04B | 3.08B | 1.70B | 4.37B |
| 投資現金流 | -10.49B | 1.42B | -438.00M | 1.70B | -12.98B |
| 融資現金流 | 2.72B | -3.41B | -3.01B | -2.85B | 5.44B |
| 自由現金流 | 4.37B | 4.62B | 2.42B | 2.92B | 4.44B |
| 現金流充裕率 | 109.14% | 107.28% | 104.90% | 55.21% | 141.93% |
| 舉債與償債 | 7.44B | 0.0000 | 6.00M | 7.00M | 8.38B |
| 資本支出 | -232.00M | -382.00M | -255.00M | -210.00M | -244.00M |

## 分紅方案

**股息率**: 3.03

### 分紅歷史

| 描述 | 登記日 | 除息日 | 付息日 |
|-------------|-------------|---------|--------------|
| 1股派息 
1.69美元 | 2026-05-08 | 2026-05-08 | 2026-06-10 |
| 1股派息 
1.68美元 | 2026-02-10 | 2026-02-10 | 2026-03-10 |
| 1股派息 
1.68美元 | 2025-11-10 | 2025-11-10 | 2025-12-10 |