
International Business Machines Corporation
NYSE:IBM
259.06 (USD) • At close May 30, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
2024 | 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
| 62,753 | 61,860 | 60,530 | 57,351 | 55,179 | 57,714 | 79,591 | 79,139 | 79,920 | 81,742 | 92,793 | 98,368 | 102,874 | 106,916 | 99,871 | 95,758 | 103,630 | 98,786 | 91,424 | 91,134 | 96,293 | 89,131 | 81,186 | 83,067 | 88,396 | 87,548 | 81,667 | 78,508 | 73,424 | 71,940 | 62,668 | 62,716 | 64,523 | 64,792 | 69,018 | 62,710 | 59,681 | 54,217 | 51,250 | 50,056 |
Cost of Revenue
| 27,201 | 27,560 | 27,842 | 25,865 | 24,314 | 26,181 | 42,655 | 42,196 | 41,403 | 41,057 | 46,386 | 49,683 | 52,513 | 56,778 | 53,857 | 51,973 | 57,969 | 57,057 | 53,129 | 54,602 | 60,724 | 56,584 | 50,902 | 51,178 | 55,972 | 55,619 | 50,795 | 47,899 | 45,408 | 41,573 | 37,384 | 38,568 | 35,069 | 27,324 | 26,506 | 23,461 | 21,777 | 21,083 | 19,390 | 18,209 |
Gross Profit
| 35,551 | 34,300 | 32,687 | 31,486 | 30,865 | 31,533 | 36,936 | 36,943 | 38,516 | 40,684 | 46,407 | 48,684 | 50,361 | 50,138 | 46,014 | 43,785 | 45,661 | 41,729 | 38,295 | 36,532 | 35,569 | 32,547 | 30,284 | 31,889 | 32,424 | 31,929 | 30,872 | 30,609 | 28,016 | 30,367 | 25,284 | 24,148 | 29,454 | 37,468 | 42,512 | 39,249 | 37,904 | 33,134 | 31,860 | 31,847 |
Gross Profit Ratio
| 0.567 | 0.554 | 0.54 | 0.549 | 0.559 | 0.546 | 0.464 | 0.467 | 0.482 | 0.498 | 0.5 | 0.495 | 0.49 | 0.469 | 0.461 | 0.457 | 0.441 | 0.422 | 0.419 | 0.401 | 0.369 | 0.365 | 0.373 | 0.384 | 0.367 | 0.365 | 0.378 | 0.39 | 0.382 | 0.422 | 0.403 | 0.385 | 0.456 | 0.578 | 0.616 | 0.626 | 0.635 | 0.611 | 0.622 | 0.636 |
Reseach & Development Expenses
| 7,479 | 6,775 | 6,567 | 6,488 | 6,262 | 5,910 | 5,379 | 5,590 | 5,726 | 5,247 | 5,437 | 5,743 | 5,816 | 6,258 | 6,026 | 5,820 | 6,337 | 6,153 | 6,107 | 5,842 | 5,874 | 5,314 | 4,750 | 4,986 | 5,151 | 5,273 | 5,046 | 4,877 | 5,089 | 6,010 | 4,363 | 5,558 | 6,522 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
General & Administrative Expenses
| 16,737 | 16,322 | 16,103 | 16,105 | 17,386 | 18,107 | 17,397 | 18,110 | 18,952 | 18,604 | 21,165 | 21,630 | 21,746 | 21,844 | 20,208 | 19,269 | 21,514 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling & Marketing Expenses
| 1,173 | 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 | 1,259 | 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
| 17,910 | 17,559 | 18,609 | 18,745 | 20,561 | 18,724 | 19,366 | 19,680 | 20,279 | 19,894 | 22,472 | 22,924 | 23,085 | 23,217 | 21,545 | 20,521 | 22,773 | 22,060 | 20,259 | 21,314 | 20,079 | 18,601 | 18,738 | 17,048 | 15,639 | 14,729 | 16,662 | 16,634 | 16,854 | 16,766 | 15,916 | 18,282 | 19,526 | 31,376 | 27,263 | 28,116 | 25,287 | 21,865 | 20,685 | 17,723 |
Other Expenses
| 89 | 145 | -662 | -612 | -620 | -639 | -1,026 | -1,466 | -1,127 | -377 | -368 | -451 | -746 | -819 | -901 | 432 | 612 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,150 | 4,217 | 4,240 | 3,871 | 3,527 | 3,316 | 2,894 |
Operating Expenses
| 25,478 | 24,479 | 24,514 | 24,621 | 26,203 | 23,995 | 23,719 | 23,804 | 24,878 | 24,764 | 27,541 | 28,216 | 28,155 | 28,656 | 26,670 | 26,773 | 29,722 | 28,213 | 26,366 | 27,156 | 25,953 | 23,915 | 23,488 | 22,034 | 20,790 | 20,002 | 21,708 | 21,511 | 21,943 | 22,776 | 20,279 | 23,840 | 26,048 | 36,526 | 31,480 | 32,356 | 29,158 | 25,392 | 24,001 | 20,617 |
Operating Income
| 10,074 | 9,821 | 8,174 | 6,865 | 4,662 | 7,538 | 13,217 | 13,139 | 14,677 | 16,508 | 20,338 | 21,500 | 22,990 | 21,922 | 19,985 | 17,012 | 15,939 | 13,516 | 11,929 | 9,376 | 9,616 | 8,632 | 6,796 | 9,855 | 11,634 | 11,927 | 9,164 | 9,098 | 6,073 | 7,591 | 5,005 | 308 | 3,406 | 942 | 11,032 | 6,893 | 8,746 | 7,742 | 7,859 | 11,230 |
Operating Income Ratio
| 0.161 | 0.159 | 0.135 | 0.12 | 0.084 | 0.131 | 0.166 | 0.166 | 0.184 | 0.202 | 0.219 | 0.219 | 0.223 | 0.205 | 0.2 | 0.178 | 0.154 | 0.137 | 0.13 | 0.103 | 0.1 | 0.097 | 0.084 | 0.119 | 0.132 | 0.136 | 0.112 | 0.116 | 0.083 | 0.106 | 0.08 | 0.005 | 0.053 | 0.015 | 0.16 | 0.11 | 0.147 | 0.143 | 0.153 | 0.224 |
Total Other Income Expenses Net
| -4,277 | -1,131 | -7,018 | -2,028 | -2,090 | -332 | -1,875 | -1,739 | -2,347 | -563 | -352 | -1,256 | -450 | -919 | -262 | 1,126 | 776 | 973 | 1,388 | 2,850 | 1,053 | 785 | 728 | 1,595 | -100 | -170 | -124 | -71 | 2,514 | 222 | 150 | -9,105 | -12,432 | -821 | -829 | -248 | 287 | 867 | 530 | 389 |
Income Before Tax
| 5,797 | 8,690 | 1,156 | 4,837 | 2,572 | 7,206 | 11,342 | 11,400 | 12,330 | 15,945 | 19,986 | 20,244 | 22,540 | 21,003 | 19,723 | 18,138 | 16,715 | 14,489 | 13,317 | 12,226 | 10,669 | 9,417 | 7,524 | 11,450 | 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
| 0.092 | 0.14 | 0.019 | 0.084 | 0.047 | 0.125 | 0.143 | 0.144 | 0.154 | 0.195 | 0.215 | 0.206 | 0.219 | 0.196 | 0.197 | 0.189 | 0.161 | 0.147 | 0.146 | 0.134 | 0.111 | 0.106 | 0.093 | 0.138 | 0.13 | 0.134 | 0.111 | 0.115 | 0.117 | 0.109 | 0.082 | -0.14 | -0.14 | 0.002 | 0.148 | 0.106 | 0.151 | 0.159 | 0.164 | 0.232 |
Income Tax Expense
| -218 | 1,176 | -626 | 124 | -1,360 | 60 | 2,619 | 5,642 | 449 | 2,581 | 4,234 | 3,363 | 5,541 | 5,148 | 4,890 | 4,713 | 4,381 | 4,071 | 3,901 | 4,232 | 3,172 | 2,829 | 2,190 | 3,304 | 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
| 6,023 | 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 | 7,479 | 6,558 | 3,579 | 7,723 | 8,093 | 7,712 | 6,328 | 6,093 | 5,429 | 4,178 | 3,021 | -7,987 | -6,865 | -564 | 6,020 | 3,758 | 5,491 | 5,258 | 4,789 | 6,555 |
Net Income Ratio
| 0.096 | 0.121 | 0.027 | 0.1 | 0.101 | 0.163 | 0.11 | 0.073 | 0.149 | 0.161 | 0.13 | 0.168 | 0.161 | 0.148 | 0.149 | 0.14 | 0.119 | 0.105 | 0.104 | 0.087 | 0.078 | 0.074 | 0.044 | 0.093 | 0.092 | 0.088 | 0.077 | 0.078 | 0.074 | 0.058 | 0.048 | -0.127 | -0.106 | -0.009 | 0.087 | 0.06 | 0.092 | 0.097 | 0.093 | 0.131 |
EPS
| 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 | 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
| 6.43 | 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
| 12,176 | 14,693 | 7,174 | 12,409 | 10,555 | 14,609 | 16,545 | 16,556 | 17,341 | 20,268 | 24,962 | 25,324 | 27,675 | 26,229 | 24,922 | 23,534 | 22,838 | 20,301 | 18,578 | 17,634 | 15,723 | 14,478 | 12,162 | 14,361 | 17,246 | 19,069 | 14,745 | 14,756 | 14,315 | 14,140 | 12,677 | -863 | -1,407 | 6,092 | 15,249 | 11,133 | 12,617 | 11,269 | 11,175 | 14,124 |
EBITDA Ratio
| 0.194 | 0.238 | 0.119 | 0.216 | 0.191 | 0.253 | 0.208 | 0.209 | 0.217 | 0.248 | 0.269 | 0.257 | 0.269 | 0.245 | 0.25 | 0.246 | 0.22 | 0.206 | 0.203 | 0.193 | 0.163 | 0.162 | 0.15 | 0.173 | 0.195 | 0.218 | 0.181 | 0.188 | 0.195 | 0.197 | 0.202 | -0.014 | -0.022 | 0.094 | 0.221 | 0.178 | 0.211 | 0.208 | 0.218 | 0.282 |