IBM
NYSEINTERNATIONAL BUSINESS MACHINES CORP
Information Technology, IT Consulting & Other Services
$237.28
close 7 Aug 2026
+0.41%
52-week change
$223.55B
market cap
$199.19
$332.46
52-week range
| Line item | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | FY10 | FY09 | FY08 | FY07 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income | ||||||||||||||||||||
| Revenue | $69.10B | $67.54B | $62.75B | $61.86B | $60.53B | $57.35B | $55.18B | $57.71B | $79.59B | $79.14B | $79.92B | $81.74B | $92.79B | $98.37B | $102.87B | $106.92B | $99.87B | $95.76B | $103.63B | $98.79B |
| Cost of revenue | $28.95B | $28.24B | $27.20B | $27.56B | $27.84B | $25.87B | $24.31B | $26.18B | $42.66B | $42.20B | $41.40B | $41.06B | $46.39B | $49.68B | $52.51B | $56.78B | $53.86B | $51.97B | $57.97B | $57.06B |
| Gross profit | $40.15B | $39.30B | $35.55B | $34.30B | $32.69B | $31.49B | $30.87B | $31.53B | $36.94B | $36.94B | $38.52B | $40.68B | $46.41B | $48.68B | $50.36B | $50.14B | $46.01B | $43.79B | $45.66B | $41.73B |
| R&D | $8.75B | $8.32B | $7.48B | $6.78B | $6.57B | $6.49B | $6.26B | $5.91B | $5.38B | $5.59B | $5.73B | $5.25B | $5.44B | $5.74B | $5.82B | $6.26B | $6.03B | $5.82B | $6.34B | $6.15B |
| SG&A | $20.28B | $20.12B | $19.69B | $19.00B | $18.61B | $18.75B | $20.56B | $18.72B | $19.37B | $19.68B | $20.87B | $20.43B | $23.18B | $23.45B | $23.46B | $23.59B | $21.84B | $20.95B | $23.39B | $22.06B |
| Operating income | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest expense | $1.93B | $1.94B | $1.71B | $1.61B | $1.22B | $1.16B | $1.29B | $1.34B | $723.00M | $615.00M | $630.00M | $468.00M | $484.00M | $402.00M | $459.00M | $411.00M | $368.00M | $402.00M | $673.00M | $611.00M |
| Tax expense | -$264.00M | -$242.00M | -$218.00M | $1.18B | -$626.00M | $124.00M | -$1.36B | $60.00M | $2.62B | $5.64B | $449.00M | $2.58B | $4.23B | $3.36B | $5.54B | $5.15B | $4.89B | $4.71B | $4.38B | $4.07B |
| Net income | $10.73B | $10.59B | $6.02B | $7.50B | $1.64B | $5.74B | $5.59B | $9.43B | $8.73B | $5.75B | $11.87B | $13.19B | $12.02B | $16.48B | $16.60B | $15.86B | $14.83B | $13.43B | $12.33B | $10.42B |
| Diluted EPS | $11.29 | $11.17 | $6.43 | $8.14 | $1.80 | $6.35 | $6.23 | $10.56 | $9.52 | $6.14 | $12.38 | $13.42 | $11.90 | $14.94 | $14.37 | $13.06 | $11.52 | $10.01 | $8.89 | $7.15 |
| Gross margin | 58.10% | 58.19% | 56.65% | 55.45% | 54.00% | 54.90% | 55.94% | 54.64% | 46.41% | 46.68% | 48.19% | 49.77% | 50.01% | 49.49% | 48.95% | 46.89% | 46.07% | 45.72% | 44.06% | 42.24% |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net margin | 15.52% | 15.69% | 9.60% | 12.13% | 2.71% | 10.01% | 10.13% | 16.34% | 10.97% | 7.27% | 14.86% | 16.14% | 12.96% | 16.76% | 16.14% | 14.83% | 14.85% | 14.02% | 11.90% | 10.55% |
filed 23 Jul 2026