International Business Machines Corporation
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Financials

Income statement

Fiscal date 2024 2023 2022 2021
Total reported revenue 62.8B 61.9B 60.5B 57.4B
Cost of revenue 27.2B 27.6B 27.8B 25.9B
Gross profit 35.6B 34.3B 32.7B 31.5B
Operating expense
Research & development 7.5B 6.8B 6.6B 6.5B
Selling general and admin 17.9B 17.6B 18.6B 18.7B
Other operating expenses -996M -860M -663M -612M
Operating income 10.1B 9.8B 8.2B 6.9B
Non operating interest income
Income 747M 670M 162M 52M
Expense 1.7B 1.6B 1.2B 1.2B
Other income expense -3.3B -193M -6.0B -925M
Pretax income 5.8B 8.7B 1.2B 4.8B
Tax provision -218M 1.2B -626M 124M
Net income 6.0B 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 921.8M 911.2M 902.7M 896.0M
Diluted average shares 921.8M 911.2M 902.7M 896.0M
EBITDA 12.3B 15.2B 7.0B 12.3B
Net income from continuing op. 6.0B 7.5B 1.6B 5.7B
Minority interests
Preferred stock dividends
Access the full /income_statement historical dataset via the API — starting from the Pro plan.
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