International Business Machines Corporation
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Financials

Income statement

Fundamentals currency is USD
Fiscal date 2024 2023 2022 2021
Total reported revenue 53.5B 61.9B 60.5B 57.4B
Cost of revenue 23.2B 27.6B 27.8B 25.9B
Gross profit 30.3B 34.3B 32.7B 31.5B
Operating expense
Research & development 6.4B 6.8B 6.6B 6.5B
Selling general and admin 15.3B 18.0B 17.5B 18.7B
Other operating expenses -848.8M -851M -643M -612M
Operating income 8.6B 9.4B 8.2B 6.9B
Non operating interest income
Income 636.6M 670M 162M 52M
Expense 1.5B 1.6B 1.2B 1.2B
Other income expense -2.8B 253M -5.9B -925M
Pretax income 4.9B 8.7B 1.2B 4.8B
Tax provision -185.8M 1.2B -626M 124M
Net income 5.1B 7.5B 1.6B 5.7B
Basic EPS 6.5 8.2 1.8 6.4
Diluted EPS 6.4 8.1 1.8 6.4
Basic average shares 785.6M 954.1M 939.5M 932.5M
Diluted average shares 785.6M 954.1M 939.5M 932.5M
EBITDA 10.5B 14.7B 7.0B 12.3B
Net income from continuing op. 5.1B 7.5B 1.6B 5.7B
Minority interests
Preferred stock dividends
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