IBM (IBM)
NYSEInformation TechnologyInformation Technology ServicesSnapshot 2026-07-07
$306.14+2.21%
Close 2026-07-07 · 1-day change
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Income statement, balance sheet, and cash flow — annual and quarterly history, as reported.
Figures in millions of USD, except per-share and ratios.
| TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||
| Revenues | 68,911.0 | 67,535.0 | 62,753.0 | 61,860.0 | 60,530.0 | 57,350.0 | 73,620.0 | 77,147.0 | 79,591.0 | 79,919.0 | 79,919.0 | 81,741.0 | 102,874.0 | 104,507.0 | 104,507.0 | 106,916.0 | 99,870.0 | 103,630.0 |
| Total Revenues | 68,911.0 | 67,535.0 | 62,753.0 | 61,860.0 | 60,530.0 | 57,350.0 | 73,620.0 | 77,147.0 | 79,591.0 | 79,919.0 | 79,919.0 | 81,741.0 | 102,874.0 | 104,507.0 | 104,507.0 | 106,916.0 | 99,870.0 | 103,630.0 |
| Cost of Revenues | 28,697.0 | 28,239.0 | 27,201.0 | 27,560.0 | 27,842.0 | 25,865.0 | 38,046.0 | 40,659.0 | 42,655.0 | 41,625.0 | 41,625.0 | 41,057.0 | 52,513.0 | 54,209.0 | 54,209.0 | 56,778.0 | 53,857.0 | 57,969.0 |
| Gross Profit | 40,216.0 | 39,297.0 | 35,551.0 | 34,300.0 | 32,687.0 | 31,486.0 | 35,575.0 | 36,488.0 | 36,936.0 | 38,294.0 | 38,294.0 | 40,684.0 | 50,361.0 | 50,298.0 | 50,298.0 | 50,138.0 | 46,014.0 | 45,661.0 |
| Operating Expenses & Income | ||||||||||||||||||
| Selling, General & Admin | 20,326.0 | 20,123.0 | 19,688.0 | 19,003.0 | 18,609.0 | 18,745.0 | 23,082.0 | 20,604.0 | 19,366.0 | 21,069.0 | 21,069.0 | 20,430.0 | 23,463.0 | 23,553.0 | 23,553.0 | 23,594.0 | 21,837.0 | 23,386.0 |
| R&D Expenses | 8,539.0 | 8,316.0 | 7,479.0 | 6,775.0 | 6,567.0 | 6,488.0 | 6,333.0 | 5,989.0 | 5,379.0 | 5,751.0 | 5,751.0 | 5,247.0 | 5,816.0 | 6,302.0 | 6,302.0 | 6,258.0 | 6,026.0 | 6,337.0 |
| Operating Income | 10,557.0 | 10,328.0 | 5,797.0 | 8,690.0 | 1,156.0 | 4,837.0 | 4,637.0 | 10,166.0 | 11,342.0 | 12,330.0 | 12,330.0 | 15,945.0 | 22,540.0 | 21,902.0 | 21,902.0 | 21,003.0 | 19,723.0 | 16,715.0 |
| Earnings from Continuing Operations | ||||||||||||||||||
| Interest Expense | 1,953.0 | 1,935.0 | 1,712.0 | 1,607.0 | 1,216.0 | 1,155.0 | 1,288.0 | 1,344.0 | 723.0 | 630.0 | 630.0 | 468.0 | 459.0 | 459.0 | 459.0 | 411.0 | 368.0 | 673.0 |
| EBT, Incl. Unusual Items | 10,557.0 | 10,328.0 | 5,797.0 | 8,690.0 | 1,156.0 | 4,837.0 | 4,637.0 | 10,166.0 | 11,342.0 | 12,330.0 | 12,330.0 | 15,945.0 | 22,540.0 | 21,902.0 | 21,902.0 | 21,003.0 | 19,723.0 | 16,715.0 |
| Income Tax Expense | (173.0) | (242.0) | (218.0) | 1,176.0 | (626.0) | 124.0 | (864.0) | 731.0 | 2,619.0 | 449.0 | 449.0 | 2,581.0 | 5,541.0 | 5,298.0 | 5,298.0 | 5,148.0 | 4,890.0 | 4,381.0 |
| Earnings from Continuing Operations | — | — | — | — | — | — | — | — | — | — | 11,881.0 | 13,364.0 | 16,999.0 | — | — | — | — | 12,334.0 |
| Net Income | ||||||||||||||||||
| Minority Interest | — | — | — | — | — | — | — | — | — | — | — | — | 11.0 | 11.0 | 11.0 | 6.0 | 9.0 | — |
| Net Income | 10,754.0 | 10,593.0 | 6,023.0 | 7,502.0 | 1,639.0 | 5,743.0 | 5,590.0 | 9,431.0 | 8,728.0 | 11,872.0 | — | — | — | — | — | — | — | — |
| Per Share | ||||||||||||||||||
| Basic EPS | 11.46 | 11.36 | 6.53 | 8.23 | 1.82 | 6.41 | 6.28 | 10.63 | 9.57 | 12.43 | 12.43 | 13.48 | 14.53 | 14.53 | 14.53 | 13.25 | 11.69 | 9.02 |
| Diluted EPS | 11.29 | 11.17 | 6.43 | 8.14 | 1.80 | 6.35 | 6.23 | 10.56 | 9.52 | 12.38 | 12.38 | 13.42 | 14.37 | 14.37 | 14.37 | 13.06 | 11.52 | 8.89 |
| Revenue per Share | 72.38 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Basic Weighted Avg Shares | 938.5 | 932.3 | 921.8 | 911.2 | 902.7 | 896.0 | 890.3 | 887.2 | 912.0 | 955.4 | 955.4 | 978.7 | 1,142.5 | 1,142.5 | 1,142.5 | 1,197.0 | 1,268.8 | 1,369.4 |
| Diluted Weighted Avg Shares | 952.1 | 948.7 | 937.2 | 922.1 | 912.3 | 904.6 | 896.6 | 892.8 | 916.3 | 958.7 | 958.7 | 982.7 | 1,155.4 | 1,155.4 | 1,155.4 | 1,213.8 | 1,287.4 | 1,387.8 |
| Supplemental | ||||||||||||||||||
| EBIT | 10,557.0 | 10,328.0 | 5,797.0 | 8,690.0 | 1,156.0 | 4,837.0 | 4,637.0 | 10,166.0 | 11,342.0 | 12,330.0 | 12,330.0 | 15,945.0 | 22,540.0 | 21,902.0 | 21,902.0 | 21,003.0 | 19,723.0 | 16,715.0 |
| Effective Tax Rate | -1.6% | -2.3% | -3.8% | 13.5% | -54.2% | 2.6% | -18.6% | 7.2% | 23.1% | 3.6% | 3.6% | 16.2% | 24.6% | 24.2% | 24.2% | 24.5% | 24.8% | 26.2% |
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.