Risk factors
International Business Machines (IBM) risk factors
Item 1A of every International Business Machines Corporation 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors26 risks1 dropped2 reworded
AI risk now emphasizes technologies producing unexpected outcomes, alongside IBM’s AI development, governance and management offerings.
Filed Feb 24, 2026 - FY2024 10-K risk factors27 risks
AI and generative AI are central: IBM is investing, embedding them, and facing uncertain adoption, competition, legal, and reputational consequences.
Filed Feb 25, 2025