International Business Machines vs Oracle (IBM vs ORCL)
Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.
Oracle has grown revenue faster over the last 4 fiscal years (+58.7% cumulative vs +17.8%). Oracle trades at the lower trailing P/E (22.5x vs 25.4x).
About International Business Machines
IBM provides hybrid cloud and artificial intelligence technology to support digital transformation for businesses. The company offers software, consulting services, and mission-critical infrastructure solutions to clients worldwide. IBM serves various industries by integrating technology innovation, consulting expertise, and infrastructure capabilities.
About Oracle
Oracle provides enterprise information technology products and services, including cloud applications, infrastructure, and hardware systems. Its offerings incorporate artificial intelligence technologies and support various deployment models such as cloud-based, on-premise, and hybrid environments. Oracle serves a global customer base across multiple industries, including businesses, government agencies, educational institutions, and resellers.
Head to head (IBM FY2025 vs ORCL FY2026)
| Metric | IBMFY2025 | ORCLFY2026 |
|---|---|---|
| Revenue | $67.53B | $67.36B |
| Revenue growth (YoY) | 7.6% | 17.3% |
| Gross margin | 58.2% | — |
| Operating margin | — | 30.6% |
| Net margin | 15.7% | 25.4% |
| Net income | $10.59B | $17.09B |
| Diluted EPS | $11.17 | $5.83 |
| FCF margin | 17.9% | -35.2% |
| ROE | 32.4% | 39.7% |
| Debt / equity | 1.7× | — |
| Market cap | $270.27B | $378.90B |
| P/E (TTM) | 25.4× | 22.5× |
Fundamentals are from each company’s SEC filings (IBM FY2025, ORCL FY2026). P/E and market cap are derived from recent market prices and update daily.
Five-year trend (as reported)
| IBM by fiscal year | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $57.35B | $60.53B | $61.86B | $62.75B | $67.53B |
| Net income | $5.74B | $1.64B | $7.50B | $6.02B | $10.59B |
| Operating margin | — | — | — | — | — |
| ORCL by fiscal year | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|
| Revenue | $42.44B | $49.95B | $52.96B | $57.40B | $67.36B |
| Net income | $6.72B | $8.50B | $10.47B | $12.44B | $17.09B |
| Operating margin | 25.7% | 26.2% | 29.0% | 30.8% | 30.6% |
International Business Machines and Oracle use different fiscal calendars (IBM's FY2025 ended 2025-12-31, ORCL's FY2026 ended 2026-05-31), so their fiscal years are shown separately rather than forced into one timeline.
Peer standing
These companies are ranked against different peer groups (International Business Machines vs 625 Technology companies; Oracle vs 330 software companies), so each is shown against its own peers rather than on one scale.
International Business Machines
International Business Machines’s return on equity of 32.4% ranks in the 91st percentile of the 536 Technology companies reporting it. International Business Machines’s debt to equity of 1.67 ranks in the 89th percentile of the 275 Technology companies reporting it.
Oracle
Oracle’s FCF margin of -35.2% ranks in the 5th percentile of the 283 software companies reporting it. Oracle’s operating margin of 30.6% ranks in the 94th percentile of the 302 software companies reporting it. Oracle’s return on equity of 39.7% ranks in the 91st percentile of the 283 software companies reporting it.
Short interest
| FINRA settlement data | IBM | ORCL |
|---|---|---|
| Shares sold short | 34.3M | 42.0M |
| Change vs prior settlement | +14.5% | +11.4% |
| Days to cover | 3.70 | 1.38 |
| As of settlement | 2026-06-30 | 2026-06-30 |
Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data; republishing or redistributing it is not permitted. Not presented as a percentage of float. No FINRA endorsement of this product is implied.
Insider activity (last 90 days)
| Form 4 open-market activity | IBM | ORCL |
|---|---|---|
| Buys | — | 0 |
| Sells | — | 11 ($63.7M) |
Open-market purchases and sales reported on SEC Form 4 (grants, exercises and tax withholding excluded). For context, about 16% of covered companies saw any open-market insider buy in a 90-day window.
Held by the same investors
6 tracked 13F managers hold both International Business Machines and Oracle as of their latest quarterly filings: AQR Capital Management, Citadel Advisors, D. E. Shaw, Gotham Asset Management, Millennium Management, Two Sigma Investments. See which superinvestors hold your own portfolio with the smart money checker.
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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filings before relying on them. Comparisons are descriptive (higher or lower on a reported figure), not a rating or a recommendation. Informational only. Not investment advice.