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INTERNATIONAL BUSINESS MACHINES CORP

IBM
Computer And Office Equipment
Last filing · Quarter 2 · Jun 30, 2026
Financial Statements Ratios
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Statement
Period
Annual Quarterly
Order
Format
% Change
Rows
USD ($)
$ in Millions 		LTMDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016Dec 31, 2015Dec 31, 2014Dec 31, 2013Dec 31, 2012Dec 31, 2011Dec 31, 2010Dec 31, 2009
Revenue
                  
Services
-
-
-
-
Sales
-
-
-
-
Financing
-
-
-
-
Revenue
69,095
67,535
62,753
61,860
Cost
                  
Services
-
-
-
-
Sales
-
-
-
-
Financing
-
-
-
-
Cost
28,950
28,239
27,201
27,560
Gross profit
40,146
39,297
35,551
34,300
Expense and other (income)
                  
Selling, general and administrative
20,281
20,123
19,688
19,003
Research and development
8,754
8,316
7,479
6,775
Intellectual property and custom development income
834
964
996
860
Other (income) and expense
(424)
(442)
1,871
(914)
Interest expense
(1,929)
(1,935)
(1,712)
(1,607)
Total expense and other (income)
29,706
28,968
29,754
25,610
Income from continuing operations before income taxes
10,439
10,328
5,797
8,690
Provision for/(benefit from) income taxes
(265)
(242)
(218)
1,176
Income from continuing operations
10,705
10,571
6,015
7,514
Income/(loss) from discontinued operations, net of tax
20
22
8
(12)
Discontinued operations:
                  
Net income
$ 10,725
$ 10,593
$ 6,023
$ 7,502
Earnings/(loss) per share of common stock
                  
Assuming dilution
                  
Continuing operations (in dollars per share)
$ 11.26
$ 11.14
$ 6.42
$ 8.15
Discontinued operations (in dollars per share)
0.02
0.02
0.01
(0.01)
Total (in dollars per share)
11.29
11.17
6.43
8.14
Basic
                  
Continuing operations (in dollars per share)
11.45
11.34
6.53
8.25
Discontinued operations (in dollars per share)
0.02
0.02
0.01
(0.01)
Total (in dollars per share)
$ 11.46
$ 11.36
$ 6.53
$ 8.23
Weighted-average number of common shares outstanding
                  
Weighted-average number of common shares outstanding
                  
Assuming dilution (in shares)
952,700,000
948,675,228
937,161,224
922,073,828
Basic (in shares)
939,900,000
932,293,927
921,767,834
911,210,319