Income Statement - INTERNATIONAL BUSINESS MACHINES CORP (IBM)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 67,535.00 | 62,753.00 | 61,860.00 | 60,530.00 | 57,351.00 | 73,621.00 | 57,714.00 | 79,591.00 | 79,139.00 | 79,920.00 | 81,742.00 | 92,793.00 | 98,368.00 | 102,874.00 | 106,916.00 | 99,871.00 | 95,758.00 | 103,630.00 | 98,786.00 | 91,424.00 |
| Cost of revenue | 27,350.00 | 27,201.00 | 27,560.00 | 27,842.00 | 25,865.00 | 38,046.00 | 26,181.00 | 42,655.00 | 42,196.00 | 41,403.00 | 41,057.00 | 46,386.00 | 49,683.00 | 52,513.00 | 56,778.00 | 53,857.00 | 51,973.00 | 57,969.00 | 57,057.00 | 53,129.00 |
| Gross profit | 40,185.00 | 35,551.00 | 34,300.00 | 32,687.00 | 31,486.00 | 35,575.00 | 31,533.00 | 36,936.00 | 36,943.00 | 38,516.00 | 40,684.00 | 46,407.00 | 48,684.00 | 50,361.00 | 50,138.00 | 46,014.00 | 43,785.00 | 45,661.00 | 41,729.00 | 38,295.00 |
| Total operating expenses | 29,860.00 | 25,478.00 | 26,786.00 | 24,514.00 | 24,654.00 | 28,680.00 | 23,995.00 | 23,719.00 | 23,804.00 | 24,878.00 | 24,764.00 | 27,541.00 | 28,216.00 | 28,155.00 | 28,656.00 | 26,670.00 | 26,773.00 | 29,722.00 | 28,213.00 | 26,366.00 |
| Operating income | 10,325.00 | 10,074.00 | 7,514.00 | 8,174.00 | 6,832.00 | 6,895.00 | 7,538.00 | 13,217.00 | 13,139.00 | 14,677.00 | 16,508.00 | 20,338.00 | 21,500.00 | 22,990.00 | 21,922.00 | 19,985.00 | 17,012.00 | 15,939.00 | 13,516.00 | 11,929.00 |
| Non-operating income (net) | 3.00 | -4,277.00 | 1,176.00 | -7,018.00 | -1,995.00 | -2,258.00 | -332.00 | -1,875.00 | -1,739.00 | -2,347.00 | -563.00 | -352.00 | -1,256.00 | -450.00 | -919.00 | -262.00 | 1,126.00 | 776.00 | 973.00 | 1,388.00 |
| Income before tax | 10,328.00 | 5,797.00 | 8,690.00 | 1,156.00 | 4,837.00 | 4,637.00 | 7,206.00 | 11,342.00 | 11,400.00 | 12,330.00 | 15,945.00 | 19,986.00 | 20,244.00 | 22,540.00 | 21,003.00 | 19,723.00 | 18,138.00 | 16,715.00 | 14,489.00 | 13,317.00 |
| Income tax expense | -242.00 | -218.00 | 1,176.00 | -626.00 | 124.00 | -864.00 | 60.00 | 2,619.00 | 5,642.00 | 449.00 | 2,581.00 | 4,234.00 | 3,363.00 | 5,541.00 | 5,148.00 | 4,890.00 | 4,713.00 | 4,381.00 | 4,071.00 | 3,901.00 |
| Net income | 10,593.00 | 6,023.00 | 7,502.00 | 1,640.00 | 5,742.00 | 5,590.00 | 9,431.00 | 8,728.00 | 5,753.00 | 11,872.00 | 13,190.00 | 12,022.00 | 16,483.00 | 16,604.00 | 15,855.00 | 14,833.00 | 13,425.00 | 12,334.00 | 10,418.00 | 9,492.00 |
Show Quarterly Income Statement
Income Statement - INTERNATIONAL BUSINESS MACHINES CORP (IBM)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 15,917.00 | 19,686.00 | 16,331.00 | 16,977.00 | 14,541.00 | 17,553.00 | 14,967.00 | 15,769.00 | 14,461.00 | 17,380.00 | 14,752.00 | 15,475.00 | 14,252.00 | 16,691.00 | 14,106.00 | 15,535.00 | 14,197.00 | 16,695.00 | 13,251.00 | 14,218.00 | 13,187.00 | 20,368.00 | 17,561.00 | 18,123.00 | 17,570.00 | 21,777.00 | 18,027.00 | 19,161.00 | 18,181.00 | 21,760.00 | 18,756.00 | 20,003.00 | 19,071.00 | 22,543.00 | 19,153.00 | 19,289.00 | 18,155.00 | 21,771.00 | 19,227.00 | 20,239.00 | 18,684.00 | 22,060.00 | 19,280.00 | 20,814.00 | 19,590.00 | 24,113.00 | 22,397.00 | 24,047.00 | 22,236.00 | 27,699.00 | 23,338.00 | 24,924.00 | 23,408.00 | 29,304.00 | 24,747.00 | 25,782.00 | 24,673.00 | 29,486.00 | 26,157.00 | 26,667.00 | 24,607.00 | 29,018.00 | 24,271.00 | 23,723.00 | 22,858.00 | 27,230.00 | 23,566.00 | 23,250.00 | 21,711.00 | 27,007.00 | 25,302.00 | 26,820.00 | 24,502.00 | 30,718.00 | 24,119.00 | 23,170.00 | 21,408.00 | 26,258.00 | 22,026.00 | 21,310.00 | 20,076.00 |
| Cost of revenue | 6,967.00 | 7,567.00 | 6,740.00 | 7,001.00 | 6,510.00 | 7,114.00 | 6,548.00 | 6,820.00 | 6,719.00 | 7,114.00 | 6,729.00 | 6,974.00 | 6,743.00 | 7,058.00 | 6,677.00 | 7,246.00 | 6,862.00 | 7,194.00 | 6,145.00 | 6,366.00 | 6,160.00 | 9,844.00 | 9,130.00 | 9,423.00 | 9,649.00 | 10,677.00 | 9,692.00 | 10,151.00 | 10,139.00 | 11,073.00 | 9,953.00 | 10,804.00 | 10,825.00 | 11,681.00 | 10,172.00 | 10,321.00 | 10,211.00 | 10,877.00 | 10,213.00 | 10,536.00 | 9,999.00 | 10,652.00 | 9,844.00 | 10,423.00 | 10,138.00 | 11,251.00 | 11,523.00 | 12,003.00 | 11,608.00 | 13,383.00 | 11,908.00 | 12,792.00 | 12,730.00 | 14,137.00 | 13,016.00 | 13,502.00 | 13,555.00 | 14,764.00 | 13,984.00 | 14,282.00 | 13,749.00 | 14,792.00 | 13,270.00 | 12,915.00 | 12,880.00 | 14,085.00 | 12,939.00 | 12,669.00 | 12,280.00 | 14,071.00 | 14,342.00 | 15,221.00 | 14,336.00 | 15,897.00 | 14,163.00 | 13,834.00 | 13,163.00 | 14,556.00 | 13,126.00 | 12,876.00 | 12,571.00 |
| Gross profit | 8,950.00 | 12,119.00 | 9,591.00 | 9,977.00 | 8,031.00 | 10,439.00 | 8,420.00 | 8,950.00 | 7,742.00 | 10,267.00 | 8,023.00 | 8,501.00 | 7,509.00 | 9,632.00 | 7,430.00 | 8,290.00 | 7,335.00 | 9,501.00 | 7,106.00 | 7,852.00 | 7,027.00 | 10,523.00 | 8,430.00 | 8,700.00 | 7,922.00 | 11,100.00 | 8,336.00 | 9,010.00 | 8,043.00 | 10,687.00 | 8,803.00 | 9,199.00 | 8,247.00 | 10,862.00 | 8,981.00 | 8,968.00 | 7,944.00 | 10,893.00 | 9,013.00 | 9,702.00 | 8,686.00 | 11,406.00 | 9,436.00 | 10,390.00 | 9,452.00 | 12,862.00 | 10,874.00 | 12,044.00 | 10,627.00 | 14,316.00 | 11,429.00 | 12,132.00 | 10,678.00 | 15,167.00 | 11,732.00 | 12,281.00 | 11,118.00 | 14,722.00 | 12,173.00 | 12,385.00 | 10,858.00 | 14,227.00 | 11,001.00 | 10,808.00 | 9,978.00 | 13,145.00 | 10,627.00 | 10,581.00 | 9,431.00 | 12,936.00 | 10,959.00 | 11,599.00 | 10,166.00 | 14,821.00 | 9,956.00 | 9,336.00 | 8,245.00 | 11,701.00 | 8,901.00 | 8,434.00 | 7,505.00 |
| Total operating expenses | 7,590.00 | 7,954.00 | 6,931.00 | 6,890.00 | 6,266.00 | 6,538.00 | 6,242.00 | 6,515.00 | 6,179.00 | 6,271.00 | 5,919.00 | 6,223.00 | 6,073.00 | 6,134.00 | 5,868.00 | 6,329.00 | 6,151.00 | 6,527.00 | 5,770.00 | 6,253.00 | 6,071.00 | 6,525.00 | 6,022.00 | 6,490.00 | 6,734.00 | 6,834.00 | 6,411.00 | 6,641.00 | 6,021.00 | 5,863.00 | 5,336.00 | 5,931.00 | 6,519.00 | 6,210.00 | 5,582.00 | 6,087.00 | 6,050.00 | 5,890.00 | 5,634.00 | 6,424.00 | 7,155.00 | 6,281.00 | 5,805.00 | 6,279.00 | 6,404.00 | 7,045.00 | 6,389.00 | 6,696.00 | 7,413.00 | 7,274.00 | 6,396.00 | 7,957.00 | 7,016.00 | 6,377.00 | 7,123.00 | 7,131.00 | 7,224.00 | 7,631.00 | 7,207.00 | 7,600.00 | 7,425.00 | 7,539.00 | 6,612.00 | 6,537.00 | 7,184.00 | 7,118.00 | 6,483.00 | 6,525.00 | 6,743.00 | 7,361.00 | 7,096.00 | 7,950.00 | 7,189.00 | 7,601.00 | 6,848.00 | 7,165.00 | 6,598.00 | 7,207.00 | 6,664.00 | 6,438.00 | 6,058.00 |
| Operating income | 1,360.00 | 4,165.00 | 2,660.00 | 3,086.00 | 1,765.00 | 3,901.00 | 2,177.00 | 2,434.00 | 1,563.00 | 3,995.00 | 2,104.00 | 2,278.00 | 1,436.00 | 3,499.00 | 1,561.00 | 1,960.00 | 1,184.00 | 2,974.00 | 1,336.00 | 1,599.00 | 956.00 | 3,999.00 | 2,409.00 | 2,210.00 | 1,187.00 | 4,266.00 | 1,924.00 | 2,369.00 | 2,021.00 | 4,824.00 | 3,467.00 | 3,268.00 | 1,727.00 | 4,652.00 | 3,399.00 | 2,881.00 | 1,894.00 | 5,004.00 | 3,380.00 | 3,279.00 | 1,530.00 | 5,127.00 | 3,631.00 | 4,112.00 | 3,048.00 | 5,817.00 | 4,485.00 | 5,348.00 | 3,215.00 | 7,042.00 | 5,034.00 | 4,175.00 | 3,662.00 | 8,790.00 | 4,608.00 | 5,149.00 | 3,894.00 | 7,091.00 | 4,966.00 | 4,785.00 | 3,433.00 | 6,687.00 | 4,389.00 | 4,271.00 | 2,794.00 | 6,027.00 | 4,144.00 | 4,056.00 | 2,688.00 | 5,575.00 | 3,864.00 | 3,649.00 | 2,977.00 | 7,220.00 | 3,108.00 | 2,171.00 | 1,647.00 | 4,495.00 | 2,236.00 | 1,996.00 | 1,447.00 |
| Non-operating income (net) | 27.00 | -21.00 | -230.00 | -489.00 | -607.00 | -595.00 | -2,979.00 | -215.00 | -489.00 | -236.00 | -231.00 | -278.00 | -378.00 | -187.00 | -6,062.00 | -238.00 | -561.00 | -105.00 | -523.00 | -688.00 | -712.00 | -2,710.00 | -582.00 | -639.00 | -1,236.00 | -273.00 | -402.00 | 399.00 | -138.00 | -390.00 | -471.00 | -492.00 | -591.00 | -183.00 | -334.00 | -438.00 | -470.00 | -19.00 | -117.00 | -230.00 | -496.00 | -28.00 | -10.00 | 112.00 | -47.00 | 1,278.00 | -124.00 | 0.00 | -32.00 | -80.00 | -62.00 | -31.00 | -56.00 | -959.00 | 466.00 | 12.00 | -58.00 | 183.00 | 61.00 | 100.00 | 384.00 | 268.00 | 288.00 | 304.00 | 721.00 | 354.00 | 229.00 | 206.00 | 434.00 | 233.00 | 31.00 | 165.00 | 221.00 | -1,732.00 | 172.00 | 971.00 | 932.00 | 319.00 | 938.00 | 893.00 | 993.00 |
| Income before tax | 1,387.00 | 4,144.00 | 2,430.00 | 2,597.00 | 1,158.00 | 3,306.00 | -802.00 | 2,219.00 | 1,074.00 | 3,759.00 | 1,873.00 | 2,000.00 | 1,058.00 | 3,312.00 | -4,501.00 | 1,722.00 | 623.00 | 2,869.00 | 813.00 | 911.00 | 244.00 | 1,289.00 | 1,827.00 | 1,571.00 | -49.00 | 3,993.00 | 1,522.00 | 2,768.00 | 1,883.00 | 4,434.00 | 2,996.00 | 2,776.00 | 1,136.00 | 4,469.00 | 3,065.00 | 2,443.00 | 1,424.00 | 4,985.00 | 3,263.00 | 3,049.00 | 1,034.00 | 5,099.00 | 3,621.00 | 4,224.00 | 3,001.00 | 7,095.00 | 4,361.00 | 5,348.00 | 3,183.00 | 6,962.00 | 4,972.00 | 4,144.00 | 3,606.00 | 7,831.00 | 5,074.00 | 5,161.00 | 3,836.00 | 7,274.00 | 5,027.00 | 4,885.00 | 3,817.00 | 6,955.00 | 4,677.00 | 4,575.00 | 3,515.00 | 6,381.00 | 4,373.00 | 4,262.00 | 3,122.00 | 5,808.00 | 3,895.00 | 3,814.00 | 3,198.00 | 5,488.00 | 3,280.00 | 3,142.00 | 2,579.00 | 4,814.00 | 3,174.00 | 2,889.00 | 2,440.00 |
| Income tax expense | 172.00 | -1,435.00 | 686.00 | 404.00 | 103.00 | 379.00 | -485.00 | 389.00 | -502.00 | 474.00 | 159.00 | 419.00 | 124.00 | 444.00 | -1,287.00 | 257.00 | -39.00 | 406.00 | -224.00 | 101.00 | -159.00 | 25.00 | 129.00 | 209.00 | -1,226.00 | 324.00 | -151.00 | 269.00 | 289.00 | 2,481.00 | 304.00 | 373.00 | -540.00 | 5,522.00 | 339.00 | 111.00 | -329.00 | 480.00 | 409.00 | 544.00 | -983.00 | 638.00 | 659.00 | 698.00 | 585.00 | 1,579.00 | 906.00 | 1,096.00 | 653.00 | 778.00 | 832.00 | 918.00 | 574.00 | 1,998.00 | 1,251.00 | 1,280.00 | 769.00 | 1,784.00 | 1,188.00 | 1,221.00 | 954.00 | 1,698.00 | 1,088.00 | 1,190.00 | 914.00 | 1,568.00 | 1,159.00 | 1,159.00 | 827.00 | 1,382.00 | 1,071.00 | 1,049.00 | 879.00 | 1,537.00 | 918.00 | 881.00 | 735.00 | 1,350.00 | 952.00 | 867.00 | 732.00 |
| Net income | 1,216.00 | 5,600.00 | 1,744.00 | 2,194.00 | 1,055.00 | 2,914.00 | -330.00 | 1,834.00 | 1,605.00 | 3,288.00 | 1,704.00 | 1,583.00 | 927.00 | 2,711.00 | -3,196.00 | 1,392.00 | 733.00 | 2,332.00 | 1,130.00 | 1,325.00 | 955.00 | 1,355.00 | 1,697.00 | 1,361.00 | 1,175.00 | 3,670.00 | 1,672.00 | 2,498.00 | 1,591.00 | 1,951.00 | 2,694.00 | 2,403.00 | 1,679.00 | -1,055.00 | 2,726.00 | 2,331.00 | 1,750.00 | 4,501.00 | 2,853.00 | 2,505.00 | 2,013.00 | 4,462.00 | 2,950.00 | 3,449.00 | 2,327.00 | 5,483.00 | 18.00 | 4,136.00 | 2,384.00 | 6,184.00 | 4,041.00 | 3,226.00 | 3,032.00 | 5,833.00 | 3,824.00 | 3,881.00 | 3,066.00 | 5,490.00 | 3,839.00 | 3,664.00 | 2,863.00 | 5,257.00 | 3,589.00 | 3,386.00 | 2,601.00 | 4,813.00 | 3,214.00 | 3,103.00 | 2,295.00 | 4,427.00 | 2,824.00 | 2,765.00 | 2,319.00 | 3,952.00 | 2,361.00 | 2,260.00 | 1,844.00 | 3,540.00 | 2,222.00 | 2,022.00 | 1,708.00 |