International Business Machines Corporation IBM

225.51 (1.55) (0.68%) as of 25 Sep
Market cap
$214.4B
P/E
19.7×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.

Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16
Revenue
67,535.00 62,753.00 61,860.00 60,530.00 57,350.00 55,179.00 57,714.00 79,591.00 79,139.00 79,919.00
Revenue Growth
7.62% 1.44% 2.20% 5.54% 3.93% (4.39%) (27.49%) 0.57% (0.98%) (2.23%)
Cost of Revenue
28,239.00 27,201.00 27,560.00 27,842.00 25,865.00 24,314.00 26,180.00 42,654.00 42,196.00 41,402.00
Gross Profit
39,296.00 35,552.00 34,300.00 32,688.00 31,485.00 30,865.00 31,534.00 36,937.00 36,943.00 38,517.00
R&D Expenses
8,316.00 7,479.00 6,775.00 6,567.00 6,488.00 6,262.00 5,910.00 5,379.00 5,590.00 5,726.00
SG&A Expenses
20,123.00 19,688.00 19,003.00 18,609.00 18,745.00 20,561.00 18,724.00 19,366.00 19,680.00 20,869.00
Operating Income
10,857.00 8,385.00 8,522.00 7,512.00 6,252.00 4,042.00 6,900.00 12,192.00 11,673.00 11,922.00
Non-operating Income/Expense
(529.00) (2,587.00) 167.00 (6,356.00) (1,416.00) (1,470.00) 307.00 (849.00) (274.00) 408.00
Non-operating Interest Expenses
1,935.00 1,712.00 1,607.00 1,216.00 1,155.00 1,288.00 1,344.00 723.00 615.00 630.00
EBT
10,328.00 5,797.00 8,690.00 1,156.00 4,837.00 2,572.00 7,206.00 11,342.00 11,400.00 12,330.00
Income Tax Provision
(242.00) (218.00) 1,176.00 (626.00) 124.00 (1,360.00) 60.00 2,619.00 5,642.00 449.00
Income after Tax
10,570.00 6,015.00 7,514.00 1,782.00 4,713.00 3,932.00 7,146.00 8,723.00 5,758.00 11,881.00
Dividends (Preferred)
— — — 1.00 (1.00) — — — — —
Net Income Common
10,593.00 6,023.00 7,502.00 1,639.00 5,743.00 5,590.00 9,431.00 8,728.00 5,753.00 11,872.00
EPS (Basic)
11.36 6.53 8.23 1.82 6.41 6.28 10.63 9.57 6.17 12.43
EPS (Diluted)
11.17 6.43 8.14 1.80 6.35 6.23 10.56 9.52 6.14 12.38
Shares (Basic, Weighted)
932.29 921.77 911.21 902.66 895.99 890.35 887.24 912.05 932.83 955.42
Shares (Diluted, Weighted)
948.68 937.16 922.07 912.27 904.64 896.56 892.81 916.32 937.39 958.71
Gross Margin
58.19% 56.65% 55.45% 54.00% 54.90% 55.94% 54.64% 46.41% 46.68% 48.20%
EBIT Margin
16.08% 13.36% 13.78% 12.41% 10.90% 7.33% 11.96% 15.32% 14.75% 14.92%
EBT margin
15.29% 9.24% 14.05% 1.91% 8.43% 4.66% 12.49% 14.25% 14.41% 15.43%
Net Profit Margin
15.69% 9.60% 12.13% 2.71% 10.01% 10.13% 16.34% 10.97% 7.27% 14.86%
Free Cash Flow Margin
18.10% 20.64% 21.03% 15.20% 19.39% 28.57% 22.56% 15.20% 17.63% 17.44%
EBITDA
15,878.00 13,052.00 12,918.00 12,314.00 12,669.00 10,737.00 12,959.00 16,672.00 16,214.00 16,303.00
EBIT
10,857.00 8,385.00 8,522.00 7,512.00 6,252.00 4,042.00 6,900.00 12,192.00 11,673.00 11,922.00
Income from Continuous Operations
10,571.00 6,015.00 7,514.00 1,783.00 4,712.00 3,932.00 7,146.00 8,723.00 5,758.00 11,881.00
Income from Discontinued Operations
22.00 8.00 (12.00) (143.00) 1,030.00 1,658.00 2,285.00 5.00 (5.00) (9.00)
Consolidated Net Income/Loss
10,593.00 6,023.00 7,502.00 1,640.00 5,742.00 5,590.00 9,431.00 8,728.00 5,753.00 11,872.00
EPS (Basic, from Continuous Ops)
11.34 6.53 8.25 1.97 5.26 4.42 8.05 9.56 6.17 12.44
EPS (Basic, from Discontinued Ops)
0.02 0.01 (0.01) (0.16) 1.15 1.86 2.58 0.01 0.00 (0.01)
EPS (Basic, Consolidated)
11.36 6.53 8.23 1.82 6.41 6.28 10.63 9.57 6.17 12.43
EPS (Diluted, from Cont. Ops)
11.14 6.42 8.15 1.95 5.21 4.38 8.00 9.51 6.14 12.39
EPS (Diluted, from Disc. Ops)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Shares (Diluted, Average)
948.70 937.20 922.10 912.30 904.60 896.60 892.80 916.30 937.40 958.70
EPS (Diluted, Consolidated)
11.17 6.43 8.14 1.80 6.35 6.23 10.56 9.53 6.14 12.38
EBITDA Margin
23.51% 20.80% 20.88% 20.34% 22.09% 19.46% 22.45% 20.95% 20.49% 20.40%
Operating Cash Flow Margin
19.54% 21.43% 22.52% 17.24% 22.31% 32.98% 25.59% 19.16% 21.13% 21.38%

Fold the line items

In millions of $ except per-share values · columns are period end dates