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International Business Machines (IT:1IBM)
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International Business Machines (1IBM) Income Statement

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International Business Machines Income Statement

Last quarter (Q3 2024), International Business Machines's total revenue was $14.97B, an increase of 1.46% from the same quarter last year. In Q3, International Business Machines's net income was $-330.00M. See International Business Machines’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 62.58B$ 61.86B$ 60.53B$ 57.35B$ 55.18B$ 77.15B
Cost of Revenue
$ 27.20B$ 27.56B$ 27.84B$ 25.86B$ 24.31B$ 904.00M
Gross Profit
$ 35.38B$ 34.30B$ 32.69B$ 31.49B$ 30.86B$ 76.24B
Operating Expense
$ 26.02B$ 24.93B$ 24.53B$ 25.23B$ 51.14B$ 67.25B
Operating Income
$ 36.06B$ 36.08B$ 7.51B$ 32.12B$ 4.04B$ 9.89B
Net Non Operating Interest Income Expense
$ 851.00M$ 937.00M$ 1.05B$ -1.16B$ -1.29B$ -1.34B
Other Income Expense
$ 7.81B$ 253.00M$ -5.94B$ -1.72B$ -1.83B$ -1.90B
Pretax Income
$ 6.25B$ 8.69B$ 1.16B$ 4.84B$ 2.57B$ 10.17B
Tax Provision
$ -124.00M$ 1.18B$ -626.00M$ 124.00M$ -1.36B$ 731.00M
Earnings From Equity Interest Net Of Tax
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Net Income Common Stockholders
$ 6.40B$ 7.50B$ 1.64B$ 5.74B$ 5.59B$ 7.82B
Basic EPS
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Diluted EPS
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Basic Average Shares
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Diluted Average Shares
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Dividend Per Share
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Total Operating Income As Reported
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Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
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Rent Expense Supplemental
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Total Expenses
$ 60.97B$ 52.49B$ 52.38B$ 25.77B$ 51.71B$ 68.16B
Net Income From Continuing And Discontinued Operation
$ 6.40B$ 7.50B$ 1.64B$ 5.74B$ 5.59B$ 9.43B
Normalized Income
$ 27.04B$ 34.83B--$ 1.15B$ 7.93B
Interest Expense
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EBIT
$ 7.61B$ 10.30B$ 2.37B$ 5.99B$ 3.86B$ 13.47B
EBITDA
$ 12.32B$ 14.69B$ 7.17B$ 12.41B$ 10.55B$ 19.53B
Currency in USD

International Business Machines Earnings and Revenue History

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