IBM
Income statement / Annual
Last year (2023), International Business Machines Corporation's total revenue was $61.86 B,
an increase of 2.20% from the previous year.
In 2023, International Business Machines Corporation's net income was $7.50 B.
See International Business Machines Corporation’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$61.86 B
|
$60.53 B
|
$57.35 B
|
$73.62 B
|
$77.15 B
|
$79.59 B
|
$79.14 B
|
$79.92 B
|
$81.74 B
|
$92.79 B
|
| Cost of Revenue |
$27.56 B |
$27.84 B |
$25.87 B |
$38.05 B |
$40.66 B |
$42.66 B |
$42.91 B |
$41.63 B |
$41.06 B |
$46.39 B |
| Gross Profit |
$34.30 B |
$32.69 B |
$31.49 B |
$35.58 B |
$36.49 B |
$36.94 B |
$36.23 B |
$38.30 B |
$40.69 B |
$46.41 B |
| Gross Profit Ratio |
0.55 |
0.54 |
0.55 |
0.48 |
0.47 |
0.46 |
0.46 |
0.48 |
0.5 |
0.5 |
| Research and Development
Expenses |
$6.78 B
|
$6.57 B
|
$6.49 B
|
$6.33 B
|
$5.99 B
|
$5.38 B
|
$5.79 B
|
$5.75 B
|
$5.25 B
|
$5.44 B
|
| General & Administrative
Expenses |
$16.76 B
|
$16.15 B
|
$16.29 B
|
$20.31 B
|
$18.11 B
|
$17.40 B
|
$18.11 B
|
$19.15 B
|
$18.60 B
|
$21.17 B
|
| Selling & Marketing
Expenses |
$1.24 B
|
$1.33 B
|
$1.41 B
|
$1.54 B
|
$1.65 B
|
$1.47 B
|
$1.45 B
|
$1.33 B
|
$1.29 B
|
$1.31 B
|
| Selling, General &
Administrative Expenses |
$18.00 B
|
$18.61 B
|
$18.75 B
|
$23.08 B
|
$20.60 B
|
$18.86 B
|
$19.56 B
|
$20.48 B
|
$19.89 B
|
$22.47 B
|
| Other Expenses |
$0.00 |
-$663.00 M |
-$612.00 M |
-$626.00 M |
-$648.00 M |
-$591.00 M |
-$970.00 M |
-$1.13 B |
-$378.00 M |
-$368.00 M |
| Operating Expenses |
$25.26 B |
$24.51 B |
$24.62 B |
$28.79 B |
$25.95 B |
$23.65 B |
$24.37 B |
$25.10 B |
$24.76 B |
$27.54 B |
| Cost And Expenses |
$54.35 B |
$52.36 B |
$50.49 B |
$66.83 B |
$66.60 B |
$66.31 B |
$67.29 B |
$66.73 B |
$65.82 B |
$73.93 B |
| Interest Income |
$670.00 M |
$162.00 M |
$52.00 M |
$105.00 M |
$349.00 M |
$264.00 M |
$144.00 M |
$108.00 M |
$72.00 M |
$90.00 M |
| Interest Expense |
$1.61 B |
$1.22 B |
$1.16 B |
$1.29 B |
$1.34 B |
$723.00 M |
$615.00 M |
$630.00 M |
$468.00 M |
$484.00 M |
| Depreciation &
Amortization |
$4.40 B
|
$4.80 B
|
$6.42 B
|
$6.70 B
|
$6.06 B
|
$4.48 B
|
$4.54 B
|
$4.38 B
|
$3.86 B
|
$4.49 B
|
| EBITDA |
$14.29 B
|
$6.85 B
|
$12.00 B
|
$11.36 B
|
$13.60 B
|
$17.70 B
|
$16.22 B
|
$18.55 B
|
$20.37 B
|
$24.62 B
|
| EBITDA Ratio |
0.23 |
0.12 |
0.21 |
0.17 |
0.23 |
0.21 |
0.21 |
0.22 |
0.25 |
0.27 |
| Operating Income Ratio
|
0.15
|
0.04
|
0.1
|
0.08
|
0.15
|
0.17
|
0.15
|
0.17
|
0.19
|
0.2
|
| Total Other
Income/Expenses Net |
-$353.00 M
|
$125.00 M
|
-$1.16 B
|
-$1.47 B
|
-$332.00 M
|
-$850.00 M
|
-$278.00 M
|
-$1.31 B
|
$24.00 M
|
$1.12 B
|
| Income Before Tax |
$8.69 B |
$1.16 B |
$4.84 B |
$4.64 B |
$10.17 B |
$11.34 B |
$11.40 B |
$12.33 B |
$15.95 B |
$19.99 B |
| Income Before Tax Ratio
|
0.14
|
0.02
|
0.08
|
0.06
|
0.13
|
0.14
|
0.14
|
0.15
|
0.2
|
0.22
|
| Income Tax Expense |
$1.18 B |
-$626.00 M |
$124.00 M |
-$864.00 M |
$731.00 M |
$2.62 B |
$5.64 B |
$449.00 M |
$2.58 B |
$4.23 B |
| Net Income |
$7.50 B |
$1.64 B |
$5.74 B |
$5.59 B |
$9.43 B |
$8.73 B |
$5.75 B |
$11.87 B |
$13.19 B |
$12.02 B |
| Net Income Ratio |
0.12 |
0.03 |
0.1 |
0.08 |
0.12 |
0.11 |
0.07 |
0.15 |
0.16 |
0.13 |
| EPS |
8.23 |
1.82 |
6.41 |
6.28 |
10.63 |
9.57 |
6.17 |
12.43 |
13.48 |
11.97 |
| EPS Diluted |
8.14 |
1.8 |
6.35 |
6.23 |
10.56 |
9.53 |
6.14 |
12.38 |
13.42 |
11.9 |
| Weighted Average Shares
Out |
$911.21 M
|
$902.66 M
|
$895.99 M
|
$890.35 M
|
$887.24 M
|
$912.00 M
|
$932.80 M
|
$955.40 M
|
$978.70 M
|
$1.00 B
|
| Weighted Average Shares
Out Diluted |
$922.07 M
|
$912.27 M
|
$904.64 M
|
$896.56 M
|
$892.81 M
|
$916.30 M
|
$937.40 M
|
$958.70 M
|
$982.70 M
|
$1.01 B
|
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