International Business Machines Corporation
NYSE:IBM
208.25 (USD) • At close November 1, 2024
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue
| 61,860 | 60,530 | 57,351 | 73,620 | 77,147 | 79,590 | 79,139 | 79,920 | 81,742 | 92,793 | 99,751 | 104,507 | 106,916 | 99,870 | 95,758 | 103,630 | 98,786 | 91,424 | 91,134 | 96,293 | 89,131 | 81,186 | 85,866 | 88,396 | 87,548 | 79,075 | 78,508 | 74,323 | 71,940 | 64,052 | 62,716 | 64,523 | 64,792 | 69,018 | 62,710 | 59,681 | 54,217 | 51,250 | 50,056 |
Cost of Revenue
| 27,560 | 27,843 | 25,865 | 38,045 | 40,659 | 42,655 | 42,913 | 41,625 | 41,057 | 46,386 | 51,246 | 54,209 | 56,778 | 53,857 | 51,973 | 57,969 | 57,057 | 53,129 | 54,602 | 60,261 | 56,113 | 50,902 | 54,084 | 55,972 | 55,619 | 50,795 | 47,899 | 43,784 | 41,573 | 38,768 | 33,858 | 28,810 | 27,324 | 26,506 | 23,461 | 21,777 | 21,083 | 19,390 | 18,209 |
Gross Profit
| 34,300 | 32,687 | 31,486 | 35,575 | 36,488 | 36,935 | 36,226 | 38,295 | 40,685 | 46,407 | 48,505 | 50,298 | 50,138 | 46,013 | 43,785 | 45,661 | 41,729 | 38,295 | 36,532 | 36,032 | 33,018 | 30,284 | 31,782 | 32,424 | 31,929 | 28,280 | 30,609 | 30,539 | 30,367 | 25,284 | 28,858 | 35,713 | 37,468 | 42,512 | 39,249 | 37,904 | 33,134 | 31,860 | 31,847 |
Gross Profit Ratio
| 0.554 | 0.54 | 0.549 | 0.483 | 0.473 | 0.464 | 0.458 | 0.479 | 0.498 | 0.5 | 0.486 | 0.481 | 0.469 | 0.461 | 0.457 | 0.441 | 0.422 | 0.419 | 0.401 | 0.374 | 0.37 | 0.373 | 0.37 | 0.367 | 0.365 | 0.358 | 0.39 | 0.411 | 0.422 | 0.395 | 0.46 | 0.553 | 0.578 | 0.616 | 0.626 | 0.635 | 0.611 | 0.622 | 0.636 |
Reseach & Development Expenses
| 6,775 | 6,567 | 6,488 | 6,333 | 5,989 | 5,379 | 5,787 | 5,751 | 5,247 | 5,437 | 6,226 | 6,302 | 6,258 | 6,026 | 5,820 | 6,337 | 6,153 | 6,107 | 5,842 | 5,673 | 5,077 | 4,750 | 5,290 | 5,151 | 5,273 | 5,046 | 4,877 | 5,089 | 6,010 | 4,363 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
General & Administrative Expenses
| 16,760 | 16,153 | 16,286 | 20,308 | 18,107 | 17,397 | 18,110 | 19,152 | 18,604 | 21,165 | 21,681 | 21,835 | 21,844 | 20,208 | 19,269 | 23,386 | 22,060 | 20,259 | 21,314 | 19,384 | 17,852 | 18,738 | 17,197 | 15,639 | 14,729 | 16,662 | 16,634 | 16,854 | 16,766 | 15,916 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling & Marketing Expenses
| 1,237 | 1,330 | 1,413 | 1,542 | 1,647 | 1,466 | 1,445 | 1,327 | 1,290 | 1,307 | 1,294 | 1,339 | 1,373 | 1,337 | 1,252 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
SG&A
| 17,997 | 18,609 | 18,745 | 23,082 | 20,604 | 18,863 | 19,555 | 20,479 | 19,894 | 22,472 | 22,975 | 23,174 | 23,217 | 21,545 | 20,521 | 23,386 | 22,060 | 20,259 | 21,314 | 19,384 | 17,852 | 18,738 | 17,197 | 15,639 | 14,729 | 16,662 | 16,634 | 16,854 | 16,766 | 15,916 | 32,785 | 26,048 | 31,376 | 27,263 | 28,116 | 25,287 | 21,865 | 20,685 | 17,723 |
Other Expenses
| 305 | -663 | -612 | -626 | -648 | -591 | -970 | -1,128 | -378 | -368 | -452 | -746 | 377 | 293 | 432 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,710 | 6,259 | 5,150 | 4,217 | 4,240 | 3,871 | 3,527 | 3,316 | 2,894 |
Operating Expenses
| 24,926 | 24,513 | 24,621 | 28,789 | 25,945 | 23,651 | 24,372 | 25,102 | 24,763 | 27,541 | 28,749 | 28,730 | 29,852 | 27,864 | 26,773 | 29,723 | 28,213 | 26,366 | 27,156 | 25,057 | 22,929 | 23,488 | 22,487 | 20,790 | 20,002 | 21,708 | 21,511 | 21,943 | 22,776 | 20,279 | 37,495 | 32,307 | 36,526 | 31,480 | 32,356 | 29,158 | 25,392 | 24,001 | 20,617 |
Operating Income
| 10,503 | 2,372 | 5,992 | 5,925 | 11,510 | 13,285 | 11,855 | 13,192 | 15,921 | 18,866 | 19,756 | 21,568 | 20,286 | 18,149 | 17,012 | 15,938 | 13,516 | 11,929 | 9,376 | 10,975 | 10,089 | 6,796 | 9,295 | 11,634 | 11,927 | 6,572 | 9,098 | 8,596 | 7,591 | 5,005 | -8,637 | 3,406 | 942 | 11,032 | 6,893 | 8,746 | 7,742 | 7,859 | 11,230 |
Operating Income Ratio
| 0.17 | 0.039 | 0.104 | 0.08 | 0.149 | 0.167 | 0.15 | 0.165 | 0.195 | 0.203 | 0.198 | 0.206 | 0.19 | 0.182 | 0.178 | 0.154 | 0.137 | 0.13 | 0.103 | 0.114 | 0.113 | 0.084 | 0.108 | 0.132 | 0.136 | 0.083 | 0.116 | 0.116 | 0.106 | 0.078 | -0.138 | 0.053 | 0.015 | 0.16 | 0.11 | 0.147 | 0.143 | 0.153 | 0.224 |
Total Other Income Expenses Net
| 253 | -1,216 | -925 | -1,288 | -1,344 | -1,152 | 216 | -145 | 724 | 1,938 | 327 | 843 | 20 | 787 | 1,527 | 1,450 | 1,584 | 1,666 | 3,070 | 1,192 | 930 | 873 | 1,896 | 617 | 557 | 2,592 | -71 | -9 | 222 | 150 | 1,113 | -11,072 | 602 | 495 | 728 | 996 | 1,352 | 1,005 | 832 |
Income Before Tax
| 8,690 | 1,156 | 4,837 | 4,637 | 10,166 | 11,342 | 11,400 | 12,330 | 15,945 | 19,986 | 19,524 | 21,902 | 21,003 | 19,723 | 18,138 | 16,715 | 14,489 | 13,317 | 12,226 | 12,028 | 10,874 | 7,524 | 10,953 | 11,534 | 11,757 | 9,040 | 9,027 | 8,587 | 7,813 | 5,155 | -8,797 | -9,026 | 121 | 10,203 | 6,645 | 9,033 | 8,609 | 8,389 | 11,619 |
Income Before Tax Ratio
| 0.14 | 0.019 | 0.084 | 0.063 | 0.132 | 0.143 | 0.144 | 0.154 | 0.195 | 0.215 | 0.196 | 0.21 | 0.196 | 0.197 | 0.189 | 0.161 | 0.147 | 0.146 | 0.134 | 0.125 | 0.122 | 0.093 | 0.128 | 0.13 | 0.134 | 0.114 | 0.115 | 0.116 | 0.109 | 0.08 | -0.14 | -0.14 | 0.002 | 0.148 | 0.106 | 0.151 | 0.159 | 0.164 | 0.232 |
Income Tax Expense
| 1,176 | -626 | 124 | -864 | 731 | 2,619 | 5,642 | 449 | 2,581 | 4,234 | 3,041 | 5,298 | 5,148 | 4,890 | 4,713 | 4,381 | 4,071 | 3,901 | 4,232 | 3,580 | 3,261 | 2,190 | 3,230 | 3,441 | 4,045 | 2,712 | 2,934 | 3,158 | 3,635 | 2,134 | -810 | -2,161 | 685 | 4,183 | 2,887 | 3,542 | 3,351 | 3,600 | 5,064 |
Net Income
| 7,502 | 1,640 | 5,742 | 5,590 | 9,431 | 8,728 | 5,753 | 11,872 | 13,190 | 12,022 | 16,483 | 16,604 | 15,855 | 14,833 | 13,425 | 12,334 | 10,418 | 9,492 | 7,934 | 8,430 | 7,583 | 3,579 | 7,723 | 8,093 | 7,712 | 6,328 | 6,093 | 5,429 | 4,178 | 3,021 | -8,101 | -4,965 | -564 | 6,020 | 3,758 | 5,491 | 5,258 | 4,789 | 6,555 |
Net Income Ratio
| 0.121 | 0.027 | 0.1 | 0.076 | 0.122 | 0.11 | 0.073 | 0.149 | 0.161 | 0.13 | 0.165 | 0.159 | 0.148 | 0.149 | 0.14 | 0.119 | 0.105 | 0.104 | 0.087 | 0.088 | 0.085 | 0.044 | 0.09 | 0.092 | 0.088 | 0.08 | 0.078 | 0.073 | 0.058 | 0.047 | -0.129 | -0.077 | -0.009 | 0.087 | 0.06 | 0.092 | 0.097 | 0.093 | 0.131 |
EPS
| 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 | 11.69 | 10.12 | 9.07 | 7.32 | 6.2 | 4.96 | 5.03 | 4.4 | 2.1 | 4.45 | 4.58 | 4.25 | 3.38 | 3.09 | 2.56 | 1.81 | 1.25 | -3.54 | -2.17 | -0.25 | 2.63 | 1.62 | 2.32 | 2.18 | 1.96 | 2.67 |
EPS Diluted
| 8.14 | 1.8 | 6.35 | 6.23 | 10.56 | 9.53 | 6.14 | 12.38 | 13.42 | 11.9 | 14.94 | 14.37 | 13.06 | 11.52 | 10.01 | 8.93 | 7.18 | 6.11 | 4.87 | 4.93 | 4.32 | 2.06 | 4.35 | 4.44 | 4.12 | 3.29 | 3.01 | 2.56 | 1.81 | 1.25 | -3.54 | -2.17 | -0.25 | 2.63 | 1.62 | 2.32 | 2.18 | 1.96 | 2.67 |
EBITDA
| 14,745 | 7,174 | 12,277 | 12,620 | 17,569 | 16,544 | 16,556 | 17,341 | 20,313 | 24,970 | 24,626 | 22,361 | 21,414 | 20,091 | 17,013 | 21,388 | 18,717 | 16,912 | 14,564 | 15,890 | 13,860 | 10,302 | 12,219 | 16,629 | 18,512 | 12,153 | 14,756 | 14,315 | 14,140 | 12,677 | -5,040 | 20,737 | 5,490 | 14,754 | 10,405 | 11,621 | 9,917 | 10,170 | 13,292 |
EBITDA Ratio
| 0.238 | 0.119 | 0.214 | 0.171 | 0.228 | 0.208 | 0.209 | 0.217 | 0.249 | 0.269 | 0.247 | 0.214 | 0.2 | 0.201 | 0.178 | 0.206 | 0.189 | 0.185 | 0.16 | 0.165 | 0.156 | 0.127 | 0.142 | 0.188 | 0.211 | 0.154 | 0.188 | 0.193 | 0.197 | 0.198 | -0.08 | 0.321 | 0.085 | 0.214 | 0.166 | 0.195 | 0.183 | 0.198 | 0.266 |