IBM Income Statement


* In Millions (except for per share items) of USD
Period Ending: LTM
(Last Twelve Months)
2024 (Q1)
03-31
2023 (Q4)
12-31
2023 (Q3)
09-30
2023 (Q2)
06-30
2023 (Q1)
03-31
2022 (Q4)
12-31
2022 (Q3)
09-30
2022 (Q2)
06-30
2022 (Q1)
03-31
2021 (Q4)
12-31
2021 (Q3)
09-30
2021 (Q2)
06-30
2021 (Q1)
03-31
2020 (Q4)
12-31
2020 (Q3)
09-30
2020 (Q2)
06-30
2020 (Q1)
03-31
2019 (Q4)
12-31
2019 (Q3)
09-30
2019 (Q2)
06-30
2019 (Q1)
03-31
2018 (Q4)
12-31
2018 (Q3)
09-30
2018 (Q2)
06-30
2018 (Q1)
03-31
2017 (Q4)
12-31
2017 (Q3)
09-30
2017 (Q2)
06-30
2017 (Q1)
03-31
2016 (Q4)
12-31
2016 (Q3)
09-30
2016 (Q2)
06-30
2016 (Q1)
03-31
2015 (Q4)
12-31
2015 (Q3)
09-30
2015 (Q2)
06-30
2015 (Q1)
03-31
2014 (Q4)
12-31
2014 (Q3)
09-30
2014 (Q2)
06-30
2014 (Q1)
03-31
2013 (Q4)
12-31
2013 (Q3)
09-30
2013 (Q2)
06-30
2013 (Q1)
03-31
2012 (Q4)
12-31
2012 (Q3)
09-30
2012 (Q2)
06-30
2012 (Q1)
03-31
2011 (Q4)
12-31
2011 (Q3)
09-30
2011 (Q2)
06-30
2011 (Q1)
03-31
2010 (Q4)
12-31
2010 (Q3)
09-30
2010 (Q2)
06-30
2010 (Q1)
03-31
2009 (Q4)
12-31
2009 (Q3)
09-30
2009 (Q2)
06-30
2009 (Q1)
03-31
2008 (Q4)
12-31
2008 (Q3)
09-30
2008 (Q2)
06-30
2008 (Q1)
03-31
2007 (Q4)
12-31
2007 (Q3)
09-30
2007 (Q2)
06-30
2007 (Q1)
03-31
2006 (Q4)
12-31
2006 (Q3)
09-30
2006 (Q2)
06-30
2006 (Q1)
03-31
2005 (Q4)
12-31
2005 (Q3)
09-30
2005 (Q2)
06-30
2005 (Q1)
03-31
2004 (Q4)
12-31
2004 (Q3)
09-30
2004 (Q2)
06-30
2004 (Q1)
03-31
2003 (Q4)
12-31
2003 (Q3)
09-30
2003 (Q2)
06-30
2003 (Q1)
03-31
2002 (Q4)
12-31
2002 (Q3)
09-30
2002 (Q2)
06-30
2002 (Q1)
03-31
2001 (Q4)
12-31
2001 (Q3)
09-30
2001 (Q2)
06-30
2001 (Q1)
03-31
2000 (Q4)
12-31
2000 (Q3)
09-30
2000 (Q2)
06-30
2000 (Q1)
03-31
1999 (Q4)
12-31
1999 (Q3)
09-30
1999 (Q2)
06-30
1999 (Q1)
03-31
1998 (Q4)
12-31
1998 (Q3)
09-30
1998 (Q2)
06-30
1998 (Q1)
03-31
1997 (Q4)
12-31
1997 (Q3)
09-30
1997 (Q2)
06-30
1997 (Q1)
03-31
1996 (Q4)
12-31
1996 (Q3)
09-30
1996 (Q2)
06-30
1996 (Q1)
03-31
1995 (Q4)
12-31
1995 (Q3)
09-30
1995 (Q2)
06-30
1995 (Q1)
03-31
1994 (Q4)
12-31
1994 (Q3)
09-30
1994 (Q2)
06-30
1994 (Q1)
03-31
1993 (Q4)
12-31
1993 (Q3)
09-30
1993 (Q2)
06-30
1993 (Q1)
03-31
1992 (Q4)
12-31
1992 (Q3)
09-30
1992 (Q2)
06-30
1992 (Q1)
03-31
1991 (Q4)
12-31
1991 (Q3)
09-30
1991 (Q2)
06-30
1991 (Q1)
03-31
1990 (Q4)
12-31
1990 (Q3)
09-30
1990 (Q2)
06-30
1990 (Q1)
03-31
1989 (Q4)
12-31
1989 (Q3)
09-30
1989 (Q2)
06-30
1989 (Q1)
03-31
1988 (Q4)
12-31
1988 (Q3)
09-30
1988 (Q2)
06-30
1988 (Q1)
03-31
1987 (Q4)
12-31
1987 (Q3)
09-30
1987 (Q2)
06-30
1987 (Q1)
03-31
1986 (Q4)
12-31
1986 (Q3)
09-30
1986 (Q2)
06-30
1986 (Q1)
03-31
1985 (Q4)
12-31
1985 (Q3)
09-30
Report Filing: 2024-04-30 2024-02-26 2023-10-31 2023-07-25 2023-04-25 2023-02-28
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Revenue 14462000000 17381000000 14753000000 15475000000 14252000000 16691000000
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Cost of Revenue 6550000000 7114000000 6729000000 6974000000 6743000000 7058000000
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Gross Profit 7912000000 10267000000 8024000000 8501000000 7509000000 9633000000
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Operating Expenses 6502000000 6982000000 6310000000 6078000000 6084000000 6008000000
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Research & Development 1796000000 1748000000 1685000000 1687000000 1655000000 1604000000
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Selling, General and Administrative 4706000000 4526000000 4215000000 4648000000 4608000000 4765000000
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Other Operating Expenses 0 708000000 410000000 -257000000 -179000000 -361000000
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Operating Income 1410000000 3285000000 1714000000 2423000000 1425000000 3625000000
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Net Interest(Non Operating) -222000000 -262000000 -256000000 -222000000 -197000000 -249000000
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Interest Income 210000000 143000000 156000000 201000000 170000000 64000000
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Interest Expense 432000000 405000000 412000000 423000000 367000000 313000000
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Equity & Other Income/(Expense) -114000000 736000000 415000000 -201000000 -170000000 -64000000
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Income Before Tax 1074000000 3759000000 1873000000 2000000000 1058000000 3312000000
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Income Tax Expense -502000000 474000000 159000000 419000000 124000000 443000000
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Income Attributable to Non-Controlling Interest -29000000 -3000000 10000000 -2000000 7000000 158000000
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Net Income 1605000000 3288000000 1704000000 1583000000 927000000 2711000000
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Depreciation and Amortization 1132000000 1152000000 1093000000 1076000000 1074000000 1137000000
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EBITDA 2542000000 4437000000 2807000000 3499000000 2499000000 4762000000
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Earnings Per Share (EPS) 1.75 3.59 1.87 1.74 1.02 2.99
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Diluted Earnings Per Share 1.72 3.55 1.84 1.72 1.01 2.96
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Weighted Average Shares Outstanding 917200000 914700000 912790387 909855943 907526887 905800000
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Diluted Weighted Average Shares Outstanding 933400000 927300000 923673300 919452496 917845279 915900000
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