IBM — International Business Machines Income Statement

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TechnologyConservativeLarge CapHigh Flyer

Market Cap
$279.42bn
Enterprise Value
$326.36bn
Revenue
$67.54bn

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

	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	PRESS
Standards:	USG	USG	USG	USG	—
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	57,350	60,530	61,860	62,753	67,535
Cost of Revenue
Gross Profit	31,485	32,688	34,300	35,552	39,297
Selling / General / Administrative Expenses
Research And Development
Depreciation and Amortization
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	52,513	59,374	53,170	56,956	57,207
Operating Profit	4,837	1,156	8,690	5,797	10,328
Net Income Before Taxes	4,837	1,156	8,690	5,797	10,328
Provision for Income Taxes
Net Income After Taxes	4,624	1,852	7,419	6,470	11,731
Net Income Before Extraordinary Items
Extraordinary Items
Net Income	5,743	1,639	7,502	6,023	10,592
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	5,743	1,639	7,502	6,023	10,593
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	4.14	4.59	6	7.15	9.01
Dividends per Share