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International Business Machines Corporation (IBM)
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IBM Income Statement

Revenue, expenses, and profitability analysis

IBM Quarterly Income Statement (USD)

Quarterly ReportTTM
03/31/2026
12/31/2025
09/30/2025
06/30/2025
03/31/2025
12/31/2024
09/30/2024
06/30/2024
40.637B8.950B12.119B9.591B9.977B8.031B10.439B8.420B8.950B
68.911B15.917B19.686B16.331B16.977B14.541B17.553B14.967B15.769B
Cost of Goods Sold
28.275B6.967B7.567B6.740B7.001B6.510B7.114B6.548B6.820B
56.2%56.2%61.6%58.7%58.8%55.2%59.5%56.3%56.8%
Total Operating Expenses
29.365B7.590B7.954B6.931B6.890B6.266B6.538B6.242B6.515B
8.539B2.173B2.187B2.082B2.097B1.950B1.967B1.876B1.840B
20.275B5.089B5.767B4.748B4.671B4.261B4.586B4.311B4.647B
11.271B1.360B4.165B2.660B3.086B1.765B3.901B2.177B2.434B
8.5%8.5%21.2%16.3%18.2%12.1%22.2%14.5%15.4%
10.558B1.387B4.144B2.430B2.597B1.158B3.306B-802.000M2.219B
Interest Income
474.000M152.000M150.000M172.000M191.000M150.000M170.000M217.000M
1.953B473.000M478.000M492.000M510.000M455.000M424.000M429.000M427.000M
Other Income/Expense
-713.000M27.000M-21.000M-230.000M-489.000M-607.000M-595.000M-2.979B-215.000M
10.754B1.216B5.600B1.744B2.194B1.055B2.914B-330.000M1.834B
-173.000M172.000M-1.435B686.000M404.000M103.000M379.000M-485.000M389.000M
7.6%7.6%28.4%10.7%12.9%7.3%16.6%-2.2%11.6%
16.325B1.827B5.919B4.205B4.374B2.790B4.843B895.000M3.801B
EBITDA Margin
11.5%11.5%30.1%25.7%25.8%19.2%27.6%6.0%24.1%
3.812B-33.000M1.297B1.283B1.265B1.177B1.113B1.268B1.155B
EPS Basic
11.511.305.981.872.361.143.15-0.361.99
11.311.285.881.842.311.123.09-0.361.96
Shares Outstanding
938.500M938.500M936.500M933.900M929.400M928.000M926.000M923.600M920.288M
Diluted Shares Outstanding
952.100M952.100M952.400M948.900M946.700M945.400M942.400M923.600M934.398M

IBM Annual Income Statement (USD)

Annual Report
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
40.185B35.551B34.300B32.687B31.486B30.865B31.533B36.936B
67.535B62.753B61.860B60.530B57.351B55.179B57.714B79.591B
Cost of Goods Sold
27.350B27.201B27.560B27.842B25.865B24.314B26.181B42.655B
59.5%56.7%55.4%54.0%54.9%55.9%54.6%46.4%
Total Operating Expenses
29.860B25.478B24.479B24.514B24.621B26.203B23.995B23.719B
8.320B7.479B6.775B6.567B6.488B6.262B5.910B5.379B
21.540B17.910B17.559B18.609B18.745B20.561B18.724B19.366B
10.325B10.074B9.821B8.174B6.865B4.662B7.538B13.217B
15.3%16.1%15.9%13.5%12.0%8.4%13.1%16.6%
10.328B5.797B8.690B1.156B4.837B2.572B7.206B11.342B
Interest Income
747.000M670.000M162.000M52.000M105.000M349.000M264.000M
1.935B1.712B1.607B1.216B1.155B1.288B1.022B686.000M
Other Income/Expense
3.000M-4.277B-1.131B-7.018B-2.028B-2.090B-332.000M-1.875B
10.593B6.023B7.502B1.640B5.742B5.590B9.431B8.728B
-242.000M-218.000M1.176B-626.000M124.000M-1.360B60.000M2.619B
15.7%9.6%12.1%2.7%10.0%10.1%16.3%11.0%
17.284B12.176B14.693B7.174B12.409B10.555B14.609B16.545B
EBITDA Margin
25.6%19.4%23.8%11.9%21.6%19.1%25.3%20.8%
5.021B4.667B4.396B4.802B6.417B6.695B6.059B4.480B
EPS Basic
11.366.538.231.826.416.2810.639.57
11.176.438.141.806.356.2310.569.53
Shares Outstanding
932.300M937.200M911.210M902.664M895.991M890.349M887.235M912.000M
Diluted Shares Outstanding
948.700M937.200M922.074M912.269M904.641M896.564M892.813M916.300M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About International Business Machines Corporation

International Business Machines Corporation (IBM) delivers comprehensive technology solutions and services across the globe. The company's operations are structured into four primary segments: Software, Consulting, Infrastructure, and Financing. The Software division provides hybrid cloud platforms and a range of software offerings, including Red Hat's enterprise open-source solutions. It also develops software for business automation, AIOps and management, integration, and application servers, in addition to data and artificial intelligence tools. This segment further supplies security software and services for threat, data, and identity management, and offers critical transaction processing software that supports essential on-premise workloads for industries such as banking, airlines, and retail. The Consulting arm delivers business transformation services, which encompass strategy development, business process design and operational improvements, data and analytics insights, and system integration. It additionally provides technology consulting and specialized application and cloud platform services. IBM's Infrastructure segment offers both on-premises and cloud-based server and storage solutions, specifically tailored for clients' crucial and regulated operations. It also extends support and solutions for hybrid cloud infrastructure, alongside remanufacturing and remarketing services for used equipment. The Financing segment provides various financial services, such as leasing, installment payment plans, loan financing, and short-term working capital solutions. Originally established in 1911 as the Computing-Tabulating-Recording Co., the company is now known as International Business Machines Corporation and maintains its headquarters in Armonk, New York.

Armonk, NY
270,300 employees
Technology / Information Technology Services
Sector
Technology
Industry
Information Technology Services
CEO
Arvind Krishna