Skip to main content
logo
International Business Machines Corporation (IBM)
NYSE: IBM · Real-Time Price · USD
227.55
+11.27 (5.21%)
At close: Jul 28, 2026, 4:00 PM EDT
226.96
-0.59 (-0.26%)
After-hours: Jul 28, 2026, 7:59 PM EDT

IBM Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Revenue
17,16215,91719,68616,33116,97714,54117,55414,96815,77014,46217,38114,75215,47514,54116,69014,10715,53514,19716,69413,251
Revenue Growth (YoY)
1.09%9.46%12.14%9.11%7.65%0.55%1.00%1.46%1.91%-0.54%4.14%4.57%-0.39%2.42%-0.02%6.46%9.26%7.66%-18.03%-24.54%
Cost of Revenue
7,2556,9687,7586,9707,0016,5107,1146,5486,8206,7197,1146,7296,9746,5107,0586,6777,2466,8627,1956,145
Gross Profit
9,9078,95011,9289,3609,9778,03110,4398,4208,9507,74210,2678,0238,5018,0319,6327,4308,2907,3359,5017,106
Selling, General & Admin
4,9815,0895,4624,7485,0274,8864,8654,9114,9384,9744,7914,4584,9004,8864,7664,3914,8554,5974,9034,306
Research & Development
2,3112,1732,1872,0822,0971,9501,9671,8761,8401,7961,7481,6851,6871,9501,6041,6111,6731,6791,6251,606
Other Operating Expenses
-351-173-343-392-254-418-1232,006-474-533-435-405-509-418-3635,634-257125-19991
Total Operating Expenses
6,9417,0897,3066,4386,8706,4186,7098,7936,3046,2376,1045,7386,0786,4186,00711,6366,2716,4016,3296,003
Operating Income
2,9661,8614,6222,9223,1071,6133,730-3732,6461,5054,1632,2852,4231,6133,625-4,2062,0199343,1721,103
Interest Expense
-486-473-478-492-510-455-424-429-427-432-405-412-423-455-313-295-297-311-303-290
Total Non-Operating Income (Expense)
-486-473-478-492-510-455-424-429-427-432-405-412-423-455-313-295-297-311-303-290
Pretax Income
2,4791,3874,1432,4302,5971,1583,306-8022,2191,0743,7591,8732,0001,1583,312-4,5011,7226232,869813
Provision for Income Taxes
313172-1,435686404103379-485389-502474159419103444-1,287257-39406-224
Net Income
2,1661,2165,5791,7442,1931,0542,927-3171,8301,5753,2851,7141,5811,0542,870-3,2141,4656622,4621,037
Earnings From Discontinued Operations
-1021011-13-134303-1021-15918-7371-13093
Net Income to Common
2,1651,2165,6001,7442,1941,0552,914-3301,8341,6053,2881,7041,5831,0552,710-3,1961,3927332,3331,130
Net Income Growth (YoY)
-1.32%15.26%92.18%-19.63%-34.27%-11.38%-15.86%52.13%21.33%-13.72%43.93%16.16%-5.06%-23.25%72.05%-33.45%
Shares Outstanding (Basic)
941939937934931928926924920917915913910907906904901899898897
Shares Outstanding (Diluted)
953952952949948945942924934933927924919918916904911909907906
Shares Change (YoY)
0.56%0.71%1.06%2.74%1.45%1.28%1.63%-0.01%1.63%1.70%1.24%2.17%0.96%0.95%1.03%-0.21%0.72%0.83%0.22%0.97%
EPS (Basic)
2.301.305.981.872.361.143.15-0.341.991.753.591.871.741.022.99-3.541.540.742.621.25
EPS (Diluted)
2.271.285.881.842.311.123.09-0.341.961.723.551.841.721.012.96-3.541.530.732.571.25
EPS Growth (YoY)
-1.73%14.29%90.29%-17.86%-34.88%-12.96%-13.95%70.30%19.93%-12.42%38.36%15.17%-4.08%-31.13%70.20%-34.21%
Free Cash Flow
2,3684,9373,6582,8271,4914,1264,0272,5951,8463,9294,1632,7752,2743,4743,5561,5849822,9672,0942,155
Free Cash Flow Growth (YoY)
58.82%19.66%-9.16%8.94%-19.23%5.01%-3.27%-6.49%-18.82%13.10%17.07%75.19%131.57%17.09%69.82%-26.50%-52.45%-32.87%-59.59%-39.47%
Free Cash Flow Per Share
2.485.193.842.981.574.364.272.811.984.214.493.002.473.783.881.751.083.262.312.38
Dividends Per Share
1.6901.6801.6801.6801.6801.6701.6701.6701.6701.6601.6601.6601.6601.6501.6501.6501.6501.6401.6401.640
Dividend Growth (YoY)
0.60%0.60%0.60%0.60%0.60%0.60%0.60%0.60%0.60%0.61%0.61%0.61%0.61%0.61%0.61%0.61%0.61%0.61%0.61%0.61%
Gross Margin
57.73%56.23%60.59%57.31%58.77%55.23%59.47%56.25%56.75%53.53%59.07%54.39%54.93%55.23%57.71%52.67%53.36%51.67%56.91%53.63%
Operating Margin
17.28%11.69%23.48%17.89%18.30%11.09%21.25%-2.49%16.78%10.41%23.95%15.49%15.66%11.09%21.72%-29.82%13.00%6.58%19.00%8.32%
Profit Margin
12.62%7.64%28.34%10.68%12.92%7.25%16.67%-2.12%11.60%10.89%18.90%11.62%10.22%7.25%17.20%-22.78%9.43%4.66%14.75%7.83%
FCF Margin
13.80%31.02%18.58%17.31%8.78%28.37%22.94%17.34%11.71%27.17%23.95%18.81%14.69%23.89%21.31%11.23%6.32%20.90%12.54%16.26%
EBITDA
4,3153,1355,9184,2054,3722,7904,8438953,8012,6365,3153,3783,5002,6874,762-3,0433,2652,1904,5532,787
EBITDA Margin
25.14%19.70%30.06%25.75%25.75%19.19%27.59%5.98%24.10%18.23%30.58%22.90%22.62%18.48%28.53%-21.57%21.02%15.43%27.27%21.03%
EBIT
2,9661,8614,6222,9223,1071,6133,730-3732,6461,5054,1632,2852,4231,6133,625-4,2062,0199343,1721,103
EBIT Margin
17.28%11.69%23.48%17.89%18.30%11.09%21.25%-2.49%16.78%10.41%23.95%15.49%15.66%11.09%21.72%-29.82%13.00%6.58%19.00%8.32%
Effective Tax Rate
12.63%12.40%-34.64%28.23%15.56%8.89%11.46%60.47%17.53%-46.74%12.61%8.49%20.95%8.89%13.41%28.59%14.92%-6.26%14.15%-27.55%
SEC Filings: 10-K · 10-Q