International Business Machines Corporation IBM NYSE

International Business Machines Corporation (IBM) reported moderate year-over-year revenue growth of +7.6% through 2025-12 (TTM revenue vs prior-year TTM). Net income showed exceptional earnings expansion of +75.9% YoY, reaching $5.6B in the latest quarter. The net profit margin is 28.4%, which is exceptional. The company has maintained profitability in all 4 quarters. The gross margin is 58.6% (high), up 2.1pp vs the prior year. With a $225B market cap, MOAT composite score of 94/100 (strong competitive position).

Criteria proven by this page:

• GROWTH (73/100, Pass) — proving strong growth momentum
• PAST (100/100, Pass) — proving consistent earnings. Looking at the full 41-year annual history, the company was profitable in 38 of 41 years — an excellent long-term track record
• INCOME (70/100, Pass) — proves strong profitability and pricing power
• MOAT (94/100, Pass) — strong gross margins and market scale prove a durable competitive advantage

Overall SharesGrow Score: 68/100 with 5/7 criteria passed.