International Business Machines Corp Income Statement

Income Statement Dec2009 Dec2010 Dec2011 Dec2012 Dec2013 Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & cost
Revenue 95.76B99.87B106.92B102.87B98.37B92.79B81.74B79.92B79.14B79.59B57.71B55.18B57.35B60.53B61.86B62.75B
Cost of Revenue 51.97B53.86B56.78B52.51B49.68B46.39B41.06B41.40B42.20B42.66B26.18B24.31B25.86B27.84B27.56B27.20B
Gross Profit 43.78B46.01B50.14B50.36B48.68B46.41B40.68B38.52B36.94B36.94B31.53B30.86B31.49B32.69B34.30B35.55B
Operating items
Research & Development 5.82B6.03B6.26B5.82B5.74B5.44B5.25B5.73B5.59B5.38B5.91B6.26B6.49B6.57B6.78B7.48B
Selling, General & Administrative 20.95B21.84B23.59B23.46B23.45B23.18B20.43B20.87B19.68B19.37B18.72B20.56B18.75B18.61B19.00B19.69B
Other Operating Expenses 5.70B7.44B
Operating Expenses 26.77B27.86B29.85B29.28B29.19B28.62B25.68B26.59B25.27B24.75B24.63B26.82B25.23B25.18B25.78B27.17B
Operating Income 17.01B18.15B20.29B21.08B19.49B17.79B15.01B11.92B11.67B12.19B6.90B4.04B6.25B7.51B8.52B8.38B
EBIT 17.01B18.15B20.29B21.08B19.49B17.79B15.01B11.92B11.67B12.19B6.90B4.04B6.25B7.51B8.52B8.38B
Non-operating items
Interest & Investment Income 0.10B0.05B0.16B
Other Non Operating Income 0.16B0.23B0.64B
Non Operating Income 0.25B0.07B0.16B0.23B0.44B
Net income details
EBT 18.14B19.72B21.00B22.54B20.24B19.99B15.95B12.33B11.40B11.34B8.08B4.92B4.84B1.16B8.69B5.80B
Tax Provisions 4.71B4.89B5.15B5.54B3.36B4.23B2.58B-0.56B5.64B2.62B-0.55B1.41B0.12B-0.63B1.18B-0.22B
Profit After Tax 13.43B14.83B15.86B17.00B16.88B15.75B13.36B11.88B5.76B8.73B9.43B5.59B5.74B1.78B7.51B6.02B
Income from Non-Controlling Interests 0.01B0.02B0.02B0.02B0.02B0.01B0.02B0.02B
Income from Continuing Operations 13.43B14.83B15.86B17.00B16.88B15.75B13.36B12.89B5.76B8.72B8.63B3.51B4.71B1.78B7.51B6.01B
Consolidated Net Income 13.43B14.83B15.86B-0.40B-0.40B-3.73B-0.17B-0.01B-0.01B0.01B2.29B1.66B1.03B-0.14B-0.01B0.01B
Income towards Parent Company 13.43B14.83B15.86B-0.40B-0.40B-3.73B-0.17B-0.01B-0.01B0.01B2.29B1.66B1.03B-0.14B-0.01B0.01B
Net Income towards Common Stockholders 13.43B14.83B15.86B-0.40B-0.40B-3.73B-0.17B-0.01B-0.01B0.01B2.29B1.66B1.03B-0.14B-0.01B0.01B
Additional items
EPS (Basic) 10.1211.6913.2514.8815.4215.6813.6612.446.179.5710.636.286.411.978.256.53
EPS (Weighted Average and Diluted) 10.0111.5213.0614.7115.3015.5913.6012.396.149.5210.566.236.351.958.156.43
Shares Outstanding (Weighted Average) 1.31B1.24B1.18B1.13B1.09B0.99B0.97B0.95B0.93B0.91B0.89B0.89B0.90B0.90B0.91B0.92B
Shares Outstanding (Diluted Average) 1.34B1.29B1.21B1.16B1.10B0.90B0.91B0.92B0.94B
Interest Expenses 0.40B0.37B0.41B0.46B0.40B0.48B0.47B0.63B0.61B0.72B1.34B1.29B1.16B1.22B1.61B1.71B
Tax Rate 25.98%24.79%24.51%24.58%16.61%21.18%16.19%49.49%23.09%28.73%2.56%13.53%