Name: IBM Income Statement - International Business Machines Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

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IBM - International Business Machines Corp.

USD | NYSE | Technology

IBM Income Statement - International Business Machines Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19	Q4 FY 18	Q3 FY 18	Q2 FY 18	Q1 FY 18	Q4 FY 17	Q3 FY 17	Q2 FY 17	Q1 FY 17	Q4 FY 16	Q3 FY 16	Q2 FY 16
Revenues
Revenues	15,917.0	19,686.0	16,331.0	16,977.0	14,541.0	17,553.0	14,968.0	15,770.0	14,462.0	17,381.0	14,752.0	15,475.0	14,252.0	16,691.0	14,107.0	15,535.0

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Revenues
Revenues	68,911.0	67,535.0	62,753.0	61,860.0	60,530.0	57,350.0	55,179.0	57,714.0	79,591.0	79,139.0	79,919.0	81,741.0	92,793.0	98,367.0	102,874.0	106,916.0	99,870.0	95,758.0
Cost of Revenue	28,697.0	28,239.0	27,201.0	27,560.0	27,842.0	25,865.0	24,314.0	26,181.0	42,655.0	42,196.0	41,403.0	41,057.0	46,386.0	49,683.0	52,513.0	56,778.0	53,857.0
Gross Profit	40,214.0	39,296.0	35,552.0	34,300.0	32,688.0	31,485.0	30,865.0	31,533.0	36,936.0	36,943.0	38,516.0	40,684.0	46,407.0	48,684.0	50,361.0	50,138.0
Operating Expenses
Research & Development	8,539.0	8,316.0	7,479.0	6,775.0	6,567.0	6,488.0	6,262.0	5,910.0	5,379.0	5,590.0	5,726.0	5,247.0	5,437.0	5,743.0
Operating Income
Operating Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-Operating
Interest Income	606.0	645.0	747.0	670.0	162.0	52.0	105.0	-	-	-	-	-	-	-	-	-
Tax & Net
Income Tax Expense	(173.0)	(242.0)	(218.0)	1,176.0	(626.0)	124.0	(1,360.0)	60.0	2,619.0	5,642.0	449.0	2,581.0	4,234.0	3,363.0	5,541.0
Per Share
EPS Basic	11.46	11.36	6.53	8.23	1.82	6.41	6.28	10.63	9.57	6.17	12.43	13.48	11.97	15.06	14.53	13.25
Supplementary Data
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Expenses
Research & Development	2,173.0	2,187.0	2,082.0	2,097.0	1,950.0	1,967.0	1,876.0	1,840.0	1,796.0	1,748.0	1,685.0	1,687.0	1,655.0	1,604.0	1,611.0	1,673.0	1,679.0	1,625.0	1,606.0	1,641.0	1,616.0	1,540.0	1,515.0	1,582.0	1,625.0	1,517.0	1,553.0	1,407.0	1,433.0	1,358.0	1,252.0	1,364.0	1,405.0	1,379.0	1,291.0	1,436.0	1,484.0	1,406.0	1,397.0	1,465.0
Selling General & Administrative	5,089.0	5,462.0	4,748.0	5,027.0	4,886.0	4,865.0	4,911.0	4,938.0	4,974.0	4,792.0	4,458.0	4,900.0	4,853.0	4,766.0	4,391.0	4,855.0
Selling & Marketing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	555.0	-	-	-	536.0	-	-	-	533.0	-	-	-	527.0	-	-	-
Amortization of Intangibles	719.0	-	-	-	641.0	-	-	-	598.0	-	-	-	547.0	-	-	-	625.0
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Non-Operating
Interest Income	152.0	132.0	150.0	172.0	191.0	150.0	170.0	217.0	210.0	143.0	156.0	201.0	170.0	64.0	53.0	28.0	17.0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense	473.0	478.0	492.0	510.0	455.0	424.0	429.0	427.0	432.0	405.0	412.0	423.0	367.0	313.0	295.0	297.0	311.0
Income From Equity Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Operating Income	31.0	40.0	110.0	45.0	26.0	67.0	422.0	114.0	274.0	108.0	97.0	39.0	22.0	37.0	80.0	243.0	83.0
Pre-Tax Income	1,387.0	4,143.0	2,430.0	2,597.0	1,158.0	3,306.0	(802.0)	2,219.0	1,074.0	3,759.0	1,873.0	2,000.0	1,058.0	3,312.0	(4,501.0)	1,722.0

Tax & Net
Income Tax Expense	172.0	(1,435.0)	686.0	404.0	103.0	380.0	(485.0)	389.0	(502.0)	474.0	159.0	419.0	124.0	443.0	(1,287.0)	257.0	(39.0)	407.0	(224.0)	101.0	(160.0)	(471.0)	128.0	209.0	(1,226.0)	(347.0)	(151.0)	269.0	289.0	2,482.0	304.0	373.0	(540.0)	5,521.0	339.0	111.0	(329.0)	479.0	409.0	544.0
Net Income From Continuing Ops	1,216.0	5,580.0	1,744.0	2,193.0	1,054.0	2,927.0	(317.0)	1,830.0	1,575.0	3,285.0	1,714.0	1,581.0	934.0	2,870.0	(3,214.0)	1,465.0	662.0
Net Income From Discontinued Ops	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	1,216.0	5,600.0	1,744.0	2,194.0	1,055.0	2,914.0	(330.0)	1,834.0	1,605.0	3,288.0	1,704.0	1,583.0	927.0	2,710.0	(3,196.0)	1,392.0	733.0
Net Income Attributable To Parent	1,216.0	5,600.0	1,744.0	2,194.0	1,055.0	2,914.0	(330.0)	1,834.0	1,605.0	3,288.0	1,704.0	1,583.0	927.0	2,710.0	(3,196.0)	1,392.0
Less: Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Preferred Dividends	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income To Common Shareholders	1,216.0	5,600.0	1,744.0	2,194.0	1,055.0	2,914.0	(330.0)	1,834.0	1,605.0	3,288.0	1,704.0	1,583.0	927.0	2,710.0	(3,196.0)

Per Share
EPS Basic	1.30	-	1.87	2.36	1.14	-	(0.36)	1.99	1.75	-	1.87	1.74	1.02	-	(3.54)	1.54	0.82	-	1.26	1.48	1.07	-	1.90	1.53	1.32	-	1.89	2.82	1.79	-	2.95	2.63	1.82	-	2.93	2.49	1.86	-	2.99	2.62
EPS Diluted	1.28	-	1.84	2.31	1.12	-	(0.36)	1.96	1.72	-	1.84	1.72	1.01	-	(3.54)	1.53	0.81	-
Shares Basic	938.5	-	933.9	930.8	928.0	-	923.6	920.3	917.2	-	912.8	909.9	907.5	-	904.1	901.5	899.3	-
Shares Diluted	952.1	-	948.9	948.0	945.4	-	923.6	934.4	933.4	-	923.7	919.5	917.8	-	904.1	910.7	909.2	-