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International Business Machines Corporation (IBM)
NYSE: IBM · Real-Time Price · USD
221.29
-0.29 (-0.13%)
At close: Oct 6, 2026, 4:00 PM EDT
221.31
+0.02 (0.01%)
After-hours: Oct 6, 2026, 4:17 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
Operating Revenue
16,97615,69719,50716,13116,81114,35017,38614,78715,60214,26917,20914,56615,29214,05616,51913,93015,38814,04216,52013,065
Other Revenue
186220179200166191167180169193171186183196172176147155175186
Revenue
17,16215,91719,68616,33116,97714,54117,55314,96715,77114,46217,38014,75215,47514,25216,69114,10615,53514,19716,69513,251
Revenue Growth (YoY)
1.09%9.46%12.15%9.11%7.65%0.55%1.00%1.46%1.91%1.47%4.13%4.58%-0.39%0.39%-0.02%6.45%9.25%7.67%766.82%-24.54%
Cost of Revenue
7,1486,8437,6586,8616,9106,4067,0256,4526,7356,6207,0286,6366,8816,6326,9666,5577,1496,7647,0766,013
Gross Profit
9,9078,95011,9289,3619,9778,03110,4408,4208,9497,74310,2678,0228,5017,5109,6337,4298,2907,3359,5017,106
Selling, General & Admin
4,9224,7515,0884,6944,9854,5354,9324,6674,9974,6854,7304,3874,7774,5864,8474,5455,0174,7875,2324,620
Research & Development
2,3112,1732,1872,0822,0971,9501,9671,8761,8401,7961,7481,6851,6871,6551,6041,6111,6731,6791,6251,606
Other Operating Expenses
-166-172-277-219-215-253-300-238-242-216-242-190-248-176-232-120-170-119-166-143
Operating Expenses
7,0676,7526,9986,5576,8676,2326,5996,3056,5956,2656,2365,8826,2166,0656,2196,0366,5206,3476,6916,083
Operating Income
2,8402,1984,9302,8043,1101,7993,8412,1152,3541,4784,0312,1402,2851,4453,4141,3931,7709882,8101,023
Interest Expense
-486-473-478-492-510-455-424-429-427-432-405-412-423-367-313-295-297-311-303-290
Interest & Investment Income
86152132150172191150170217210143156201170645328171314
Currency Exchange Gain (Loss)
-10-95-102-78-172-168-42-1-82-122-562554127163557410014
Other Non Operating Income (Expenses)
973143116462664701348352993920296811008311249
EBT Excluding Unusual Items
2,5271,8134,5252,5002,6461,5603,6991,8842,2771,2573,6991,9272,1271,3223,5881,3951,6568512,732810
Merger & Restructuring Charges
-154-434-382-73-68-374-11-316-57-435-27-59-124-263-13-14-30-1214-4
Gain (Loss) on Sale of Investments
10691319-2964-10425-3-5-1611-142-218130-3
Gain (Loss) on Sale of Assets
-------351-24145--4-246123821510
Other Unusual Items
-------388-2,725--------5,894---22-
Pretax Income
2,4791,3884,1442,4302,5971,1573,306-8022,2201,0733,7591,8732,0001,0583,313-4,5011,7226232,869813
Income Tax Expense
313172-1,435686404103379-485390-502474159419124444-1,287257-39406-224
Earnings From Continuing Operations
2,1661,2165,5791,7442,1931,0542,927-3171,8301,5753,2851,7141,5819342,869-3,2141,4656622,4631,037
Earnings From Discontinued Operations
-1-21-11-13-134303-102-7-15918-7371-13093
Net Income
2,1651,2165,6001,7442,1941,0552,914-3301,8341,6053,2881,7041,5839272,710-3,1961,3927332,3331,130
Net Income to Common
2,1651,2165,6001,7442,1941,0552,914-3301,8341,6053,2881,7041,5839272,710-3,1961,3927332,3331,130
Net Income Growth (YoY)
-1.32%15.26%92.18%-19.63%-34.27%-11.38%-15.86%73.14%21.33%-13.72%26.47%16.16%-5.06%-23.25%72.05%-33.45%
Shares Outstanding (Basic)
941939937934931928926924920917915913910908906904901899898897
Shares Outstanding (Diluted)
953952952949948945942924934933927924919918916904911909907906
Shares Change (YoY)
0.56%0.71%1.06%2.74%1.46%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%0.84%0.97%
EPS (Basic)
2.301.305.981.872.361.143.15-0.361.991.753.591.871.741.022.99-3.541.540.822.601.26
EPS (Diluted)
2.271.285.881.842.311.123.10-0.361.961.723.551.851.721.012.96-3.541.530.812.571.24
EPS Growth (YoY)
-1.82%14.18%89.86%-18.17%-34.90%-12.86%-13.56%70.11%20.01%-12.57%25.28%15.05%-3.34%-23.15%69.34%-34.21%

Additional Metrics

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
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 Per Share
2.485.183.842.981.574.364.272.811.984.214.493.002.473.793.881.751.083.262.312.38
Dividend 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%57.32%58.77%55.23%59.48%56.26%56.74%53.54%59.07%54.38%54.93%52.69%57.71%52.67%53.36%51.67%56.91%53.63%
Operating Margin
16.55%13.81%25.04%17.17%18.32%12.37%21.88%14.13%14.93%10.22%23.19%14.51%14.77%10.14%20.45%9.88%11.39%6.96%16.83%7.72%
Profit Margin
12.62%7.64%28.45%10.68%12.92%7.26%16.60%-2.21%11.63%11.10%18.92%11.55%10.23%6.50%16.24%-22.66%8.96%5.16%13.97%8.53%
Free Cash Flow Margin
13.80%31.02%18.58%17.31%8.78%28.38%22.94%17.34%11.71%27.17%23.95%18.81%14.70%24.38%21.30%11.23%6.32%20.90%12.54%16.26%
EBITDA
3,8373,1235,7773,7494,0372,6304,6472,8603,1402,2394,8052,5513,0622,3193,9032,5563,0162,2444,1912,707
EBITDA Margin
22.36%19.62%29.35%22.96%23.78%18.09%26.47%19.11%19.91%15.48%27.65%17.29%19.79%16.27%23.38%18.12%19.41%15.81%25.10%20.43%
D&A For EBITDA
9979258479459278318067457867617744117778744891,1631,2461,2561,3811,684
EBIT
2,8402,1984,9302,8043,1101,7993,8412,1152,3541,4784,0312,1402,2851,4453,4141,3931,7709882,8101,023
EBIT Margin
16.55%13.81%25.04%17.17%18.32%12.37%21.88%14.13%14.93%10.22%23.19%14.51%14.77%10.14%20.45%9.88%11.39%6.96%16.83%7.72%
Effective Tax Rate
12.63%12.39%-28.23%15.56%8.90%11.46%-17.57%-12.61%8.49%20.95%11.72%13.40%-14.92%-14.15%-
Revenue as Reported
17,16215,91719,68616,33116,97714,54117,55414,96815,76914,46217,38114,75215,47514,25216,69014,10715,53514,19716,69413,251
Advertising Expenses
384229-270349238-279-279-303372314-297395336-342
SEC Filings: 10-K · 10-Q