IBM — International Business Machines Income Statement

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TechnologyHighly SpeculativeLarge CapHigh Flyer

Market Cap
$192.56bn
Enterprise Value
$235.52bn
Revenue
$61.86bn

Annual income statement for International Business Machines, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	R2019 December 31st	R2020 December 31st	2021 December 31st	2022 December 31st	2023 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	10-K
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	57,714	55,179	57,350	60,530	61,860
Cost of Revenue
Gross Profit	31,533	30,865	31,485	32,688	34,300
Selling / General / Administrative Expenses
Research And Development
Depreciation and Amortization
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	50,508	52,607	52,513	59,374	53,170
Operating Profit	7,206	2,572	4,837	1,156	8,690
Net Income Before Taxes	7,206	2,572	4,837	1,156	8,690
Provision for Income Taxes
Net Income After Taxes	7,292	4,042	4,624	1,852	7,419
Net Income Before Extraordinary Items
Extraordinary Items
Net Income	9,431	5,590	5,743	1,639	7,502
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	9,431	5,590	5,743	1,639	7,502
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	7.73	7.08	5.73	6.09	7.37
Dividends per Share