International Business Ma... (IBM)

NYSE: IBM · Real-Time Price · USD

240.83

-0.99 (-0.41%)

At close: May 01, 2025, 3:27 PM

International Business Machines Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020	Q1 2020	Q4 2019	Q3 2019	Q2 2019	Q1 2019	Q4 2018	Q3 2018	Q2 2018	Q1 2018	Q4 2017	Q3 2017	Q2 2017	Q1 2017	Q4 2016	Q3 2016	Q2 2016	Q1 2016
Period Ending	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016
Revenue	62.83B	62.75B	62.58B	62.36B	62.07B	61.86B	61.17B	60.52B	60.58B	60.53B	47.1B	46.24B	44.92B	43.91B	61.02B	65.33B	69.24B	73.62B	75.03B	75.5B	76.53B	77.15B	77.13B	77.86B	78.7B	79.59B	80.37B	80.77B	80.06B	79.14B	78.37B	78.44B	79.39B	79.92B	80.21B	80.26B	80.84B
Cost of Revenue	26.99B	27.2B	27.2B	27.38B	27.54B	27.56B	27.5B	27.45B	27.72B	27.84B	17.94B	17.4B	16.52B	15.82B	28.52B	31.5B	34.56B	38.05B	38.88B	39.44B	40.17B	40.66B	41.05B	41.32B	41.97B	42.66B	43.26B	43.48B	43B	42.38B	41.58B	41.62B	41.84B	41.63B	41.4B	41.03B	40.92B
Gross Profit	35.84B	35.55B	35.38B	34.98B	34.53B	34.3B	33.66B	33.07B	32.86B	32.69B	29.16B	28.84B	28.4B	28.09B	32.51B	33.83B	34.68B	35.58B	36.15B	36.06B	36.37B	36.49B	36.08B	36.54B	36.73B	36.94B	37.11B	37.29B	37.06B	36.76B	36.79B	36.82B	37.55B	38.29B	38.81B	39.23B	39.92B
Operating Income	10.28B	10.07B	10.17B	10.12B	9.85B	9.46B	8.96B	8.38B	8.15B	8.15B	5.97B	5.76B	5.32B	5B	5.65B	6.71B	7.29B	6.88B	9.19B	8.72B	9.02B	10.58B	11.14B	12.68B	13.58B	13.29B	13.11B	13.05B	12.66B	12.83B	13.18B	13.16B	13.56B	13.19B	13.32B	13.57B	14.4B
Interest Income	728M	747M	740M	726M	710M	670M	591M	488M	315M	162M	111M	72M	55M	52M	54M	55M	67M	104M	137M	185M	329M	348M	377M	384M	264M	265M	230M	198M	185M	144M	134M	118M	113M	107M	95M	89M	78M
Pretax Income	5.88B	5.8B	6.25B	8.93B	8.71B	8.69B	8.24B	1.87B	1.59B	1.16B	-1.09B	4.22B	3.41B	3.03B	3.26B	4.27B	4.93B	4.64B	7.34B	7.04B	8.23B	10.17B	10.61B	12.08B	12.09B	11.34B	11.38B	11.45B	11.11B	11.4B	11.92B	12.12B	12.72B	12.33B	12.45B	12.8B	13.98B
Net Income	5.47B	6.02B	6.4B	8.43B	8.18B	7.5B	6.92B	2.02B	1.83B	1.64B	1.26B	5.59B	5.52B	5.74B	4.76B	5.33B	5.37B	5.59B	7.9B	7.88B	9.02B	9.43B	7.71B	8.73B	8.64B	8.73B	5.72B	5.75B	5.68B	5.75B	11.31B	11.44B	11.61B	11.87B	11.83B	11.93B	12.87B
Selling & General & Admin	17.8B	17.91B	17.82B	17.97B	17.97B	18.21B	18.2B	17.87B	17.79B	17.48B	16.09B	16B	16.02B	16.16B	20.05B	20.38B	20.68B	21.85B	19.98B	20.35B	20.8B	19.75B	19.23B	18.75B	18.11B	18.86B	19.3B	19.52B	19.7B	19.26B	19.09B	19.25B	19.54B	20.48B	20.66B	20.67B	20.51B
Research & Development	7.63B	7.48B	7.26B	7.07B	6.92B	6.78B	6.63B	6.56B	6.54B	6.57B	6.54B	6.54B	6.51B	6.44B	6.47B	6.38B	6.32B	6.33B	6.32B	6.36B	6.18B	5.99B	5.75B	5.45B	5.41B	5.38B	5.45B	5.49B	5.56B	5.64B	5.64B	5.75B	5.78B	5.75B	5.68B	5.57B	5.41B
Other Expenses	123M	86M	126M	-178M	-201M	-150M	-122M	268M	375M	482M	559M	543M	555M	484M	337M	365M	392M	510M	662M	632M	371M	163M	-50M	-338M	-369M	-592M	-748M	-766M	-863M	-970M	-1.12B	-1.33B	-1.32B	-1.13B	-849M	-573M	-400M
Operating Expenses	25.56B	25.47B	25.21B	24.86B	24.68B	24.84B	24.7B	24.69B	24.71B	24.53B	23.19B	23.08B	23.08B	23.09B	26.86B	27.13B	27.4B	28.69B	26.96B	27.33B	27.35B	25.91B	24.94B	23.86B	23.15B	23.65B	24B	24.24B	24.4B	23.93B	23.61B	23.66B	24B	25.1B	25.49B	25.66B	25.52B
Interest Expense	1.74B	1.71B	1.69B	1.68B	1.67B	1.61B	1.51B	1.4B	1.27B	1.22B	1.21B	1.2B	1.19B	1.15B	1.17B	1.2B	1.24B	1.29B	1.33B	1.44B	1.46B	1.34B	1.18B	942M	767M	722M	693M	670M	644M	614M	607M	597M	617M	629M	600M	559M	507M
Selling & Marketing Expenses	1.13B	1.17B	1.16B	1.18B	1.2B	1.24B	1.29B	1.28B	1.31B	1.33B	1.34B	1.39B	1.39B	1.39B	1.47B	1.49B	1.46B	1.54B	1.56B	1.58B	1.64B	1.65B	1.57B	1.51B	1.5B	1.47B	1.49B	1.5B	1.48B	1.45B	1.37B	1.37B	1.34B	1.33B	1.37B	1.35B	1.33B
Cost & Expenses	52.55B	52.67B	52.41B	52.24B	52.22B	52.4B	52.21B	52.14B	52.43B	52.38B	41.13B	40.48B	39.6B	38.91B	55.37B	58.63B	61.95B	66.74B	65.84B	66.78B	67.52B	66.57B	65.99B	65.18B	65.12B	66.3B	67.26B	67.72B	67.4B	66.31B	65.19B	65.28B	65.83B	66.73B	66.89B	66.7B	66.44B
Income Tax Expense	386M	-219M	-124M	520M	550M	1.18B	1.15B	-300M	-462M	-625M	-1.31B	-247M	-403M	-524M	-259M	93M	201M	-865M	-565M	-844M	-784M	731M	2.89B	3.34B	3.45B	2.62B	5.66B	5.69B	5.43B	5.64B	601M	671M	1.1B	450M	608M	858M	1.01B
Shares Outstanding (Basic)	928M	926M	923.6M	920.29M	917.2M	914.7M	912.79M	909.86M	907.53M	905.8M	904.08M	901.5M	899.3M	895.99M	897.1M	895M	893.63M	892.6M	891.38M	889.4M	888M	887.1M	886M	886.27M	889.6M	901.3M	911.2M	915.1M	920.7M	924.5M	929.4M	934.9M	942.4M	948.6M	954M	957.4M	961.7M
Shares Outstanding (Diluted)	945.4M	942.4M	923.6M	934.4M	933.4M	927.3M	923.67M	919.45M	917.85M	915.9M	904.1M	910.7M	909.23M	904.64M	906M	904.2M	901.75M	899M	897.29M	894.9M	895M	893.7M	892.8M	890.83M	893.9M	905.2M	915.2M	919.4M	925.4M	928.9M	933.2M	939.6M	947.8M	952.7M	957.3M	960.5M	964.4M
EPS (Basic)	5.92	6.53	6.97	9.20	8.95	8.22	7.62	2.19	1.99	1.79	1.40	6.22	6.16	6.41	5.33	5.97	6.02	6.27	8.89	8.88	10.17	10.64	8.67	9.73	9.54	9.57	6.26	6.24	6.10	6.14	12.02	12.08	12.21	12.44	12.30	12.34	13.23
EPS (Diluted)	5.81	6.41	6.87	9.07	8.83	8.12	7.53	2.14	1.95	1.75	1.36	6.16	6.10	6.35	5.29	5.93	5.98	6.23	8.83	8.81	10.10	10.57	8.61	9.68	9.48	9.51	6.23	6.21	6.08	6.12	11.97	12.03	12.16	12.40	12.27	12.30	13.19
EBITDA	12.33B	12.18B	12.65B	15.13B	14.83B	14.69B	14.14B	7.72B	7.48B	7.17B	5.16B	10.99B	10.6B	10.6B	11.16B	12.21B	12.91B	12.62B	15.31B	15.1B	15.94B	17.57B	17.31B	18.01B	17.67B	16.54B	16.59B	16.67B	16.31B	16.56B	17.04B	17.18B	17.79B	17.34B	17.29B	17.41B	18.4B
EBIT	7.62B	7.51B	7.94B	10.6B	10.38B	10.3B	9.76B	3.27B	2.86B	2.37B	111M	5.42B	4.59B	4.18B	4.43B	5.47B	6.17B	5.93B	8.67B	8.47B	9.69B	11.51B	11.79B	13.02B	12.86B	12.06B	12.07B	12.12B	11.76B	12.02B	12.52B	12.71B	13.34B	12.96B	13.04B	13.36B	14.48B
Depreciation & Amortization	4.71B	4.67B	4.71B	4.53B	4.45B	4.4B	4.38B	4.45B	4.62B	4.8B	5.05B	5.57B	6B	6.42B	6.74B	6.73B	6.73B	6.7B	6.65B	6.63B	6.25B	6.06B	5.52B	4.99B	4.81B	4.48B	4.52B	4.55B	4.56B	4.54B	4.52B	4.47B	4.46B	4.38B	4.24B	4.05B	3.91B