International Business Machines Corporation (IBM)
NYSE: IBM · Real-Time Price · USD
259.72
-0.79 (-0.30%)
At close: Jul 25, 2025, 4:00 PM
259.55
-0.17 (-0.07%)
After-hours: Jul 25, 2025, 7:59 PM EDT

IBM Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2024FY 2023FY 2022FY 2021FY 20202016 - 2020
Period Ending
Jun '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2016 - 2020
Operating Revenue
63,33562,04461,12359,87956,57154,195
Upgrade
Other Revenue
705709737651780984
Upgrade
64,04062,75361,86060,53057,35155,179
Upgrade
Revenue Growth (YoY)
2.69%1.44%2.20%5.54%3.94%-4.39%
Upgrade
Cost of Revenue
26,79526,83227,17827,43625,33123,737
Upgrade
Gross Profit
36,86835,55234,30032,68831,48630,865
Upgrade
Selling, General & Admin
19,11519,28118,48219,26320,02720,561
Upgrade
Research & Development
7,8857,4796,7756,5676,4886,262
Upgrade
Other Operating Expenses
-1,006-996-860-663-612-620
Upgrade
Operating Expenses
25,99425,76424,39725,16725,90326,203
Upgrade
Operating Income
10,8749,7889,9037,5215,5834,662
Upgrade
Interest Expense
-1,818-1,712-1,607-1,216-1,155-1,288
Upgrade
Interest & Investment Income
68374767016252-
Upgrade
Currency Exchange Gain (Loss)
-7020-69500-1-12
Upgrade
Other Non Operating Income (Expenses)
114261180103225-790
Upgrade
EBT Excluding Unusual Items
9,7839,1049,0777,0704,7042,572
Upgrade
Merger & Restructuring Charges
-777-819-471---
Upgrade
Gain (Loss) on Sale of Investments
-2039-278133-
Upgrade
Gain (Loss) on Sale of Assets
36660545258--
Upgrade
Other Unusual Items
-3,113-3,113--5,894--
Upgrade
Pretax Income
6,2595,7978,6901,1564,8372,572
Upgrade
Income Tax Expense
401-2181,176-626124-1,360
Upgrade
Earnings From Continuing Operations
5,8586,0157,5141,7824,7133,932
Upgrade
Earnings From Discontinued Operations
-258-12-1431,0301,658
Upgrade
Net Income
5,8336,0237,5021,6395,7435,590
Upgrade
Net Income to Common
5,8336,0237,5021,6395,7435,590
Upgrade
Net Income Growth
-30.81%-19.71%357.72%-71.46%2.74%-40.73%
Upgrade
Shares Outstanding (Basic)
927922911903896890
Upgrade
Shares Outstanding (Diluted)
944937922912905897
Upgrade
Shares Change (YoY)
1.49%1.64%1.07%0.84%0.90%0.42%
Upgrade
EPS (Basic)
6.296.538.231.826.416.28
Upgrade
EPS (Diluted)
6.186.438.141.796.356.23
Upgrade
EPS Growth
-31.88%-21.00%353.76%-71.75%1.86%-40.98%
Upgrade
Free Cash Flow
12,23912,39712,6869,08910,73415,579
Upgrade
Free Cash Flow Per Share
12.9713.2313.769.9611.8717.38
Upgrade
Dividend Per Share
6.6906.6706.6306.5906.5506.510
Upgrade
Dividend Growth
0.60%0.60%0.61%0.61%0.61%1.24%
Upgrade
Gross Margin
57.57%56.65%55.45%54.00%54.90%55.94%
Upgrade
Operating Margin
16.98%15.60%16.01%12.43%9.74%8.45%
Upgrade
Profit Margin
9.11%9.60%12.13%2.71%10.01%10.13%
Upgrade
Free Cash Flow Margin
19.11%19.75%20.51%15.02%18.72%28.23%
Upgrade
EBITDA
14,18312,88612,73910,77511,30911,357
Upgrade
EBITDA Margin
22.15%20.53%20.59%17.80%19.72%20.58%
Upgrade
D&A For EBITDA
3,3093,0982,8363,2545,7266,695
Upgrade
EBIT
10,8749,7889,9037,5215,5834,662
Upgrade
EBIT Margin
16.98%15.60%16.01%12.43%9.74%8.45%
Upgrade
Effective Tax Rate
6.41%-13.53%-2.56%-
Upgrade
Revenue as Reported
64,04162,75361,86060,53057,35055,179
Upgrade
Advertising Expenses
-1,1731,2371,3301,4131,509
Upgrade
Updated Jul 23, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q