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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, shares in Millions		Jun 30, 2026Mar 31, 2026Sep 30, 2025Jun 30, 2025Mar 31, 2025Sep 30, 2024Jun 30, 2024Mar 31, 2024Sep 30, 2023Jun 30, 2023Mar 31, 2023Sep 30, 2022Jun 30, 2022Mar 31, 2022Sep 30, 2021Jun 30, 2021Mar 31, 2021Sep 30, 2020Jun 30, 2020Mar 31, 2020Sep 30, 2019Jun 30, 2019Mar 31, 2019Sep 30, 2018Jun 30, 2018Mar 31, 2018Sep 30, 2017Jun 30, 2017Mar 31, 2017Sep 30, 2016Jun 30, 2016Mar 31, 2016Sep 30, 2015Jun 30, 2015Mar 31, 2015Sep 30, 2014Jun 30, 2014Mar 31, 2014Sep 30, 2013Jun 30, 2013Mar 31, 2013Sep 30, 2012Jun 30, 2012Mar 31, 2012Sep 30, 2011Jun 30, 2011Mar 31, 2011Sep 30, 2010Jun 30, 2010Mar 31, 2010Sep 30, 2009Jun 30, 2009
Revenue:
                                                    
Services
-
-
-
-
-
-
-
-
-
-
-
-
Sales
-
-
-
-
-
-
-
-
-
-
-
-
Financing
-
-
-
-
-
-
-
-
-
-
-
-
Revenue
17,162
15,917
16,331
16,977
14,541
14,968
15,770
14,462
14,752
15,475
14,252
14,107
Cost:
                                                    
Services
-
-
-
-
-
-
-
-
-
-
-
-
Sales
-
-
-
-
-
-
-
-
-
-
-
-
Financing
-
-
-
-
-
-
-
-
-
-
-
-
Cost
7,255
6,968
6,970
7,001
6,510
6,548
6,820
6,719
6,729
6,974
6,743
6,677
Gross profit
9,907
8,950
9,360
9,977
8,031
8,420
8,950
7,742
8,023
8,501
7,509
7,430
Expense and other (income):
                                                    
Selling, general and administrative
4,981
5,089
4,748
5,027
4,886
4,911
4,938
4,974
4,458
4,900
4,853
4,391
Research and development
2,311
2,173
2,082
2,097
1,950
1,876
1,840
1,796
1,685
1,687
1,655
1,611
Intellectual property and custom development income
166
172
219
215
253
238
241
216
190
248
180
121
Other (income) and expense
(185)
(1)
(173)
(39)
(165)
2,244
(233)
(317)
(215)
(261)
(245)
5,755
Interest expense
(486)
(473)
(492)
(510)
(455)
(429)
(427)
(432)
(412)
(423)
(367)
(295)
Total expense and other (income)
7,428
7,562
6,931
7,380
6,873
9,222
6,730
6,669
6,150
6,501
6,451
11,931
Income from continuing operations before income taxes
2,479
1,387
2,430
2,597
1,158
(802)
2,219
1,074
1,873
2,000
1,058
(4,501)
Provision for/(benefit from) income taxes
313
172
686
404
103
(485)
389
(502)
159
419
124
(1,287)
Income from continuing operations
2,166
1,216
1,744
2,193
1,054
(317)
1,830
1,575
1,714
1,581
934
(3,214)
Income/(loss) from discontinued operations, net of tax
(1)
0
0
1
1
(13)
4
30
(10)
2
(7)
18
Discontinued operations:
                                                    
Net income
$ 2,165
$ 1,216
$ 1,744
$ 2,194
$ 1,055
$ (330)
$ 1,834
$ 1,605
$ 1,704
$ 1,583
$ 927
$ (3,196)
Earnings per share of common stock:
                                                    
Assuming dilution:
                                                    
Continuing operations (in dollars per share)
$ 2.27
$ 1.28
$ 1.84
$ 2.31
$ 1.12
$ (0.34)
$ 1.96
$ 1.69
$ 1.86
$ 1.72
$ 1.02
$ (3.55)
Discontinued operations (in dollars per share)
0
0
0
0
0
(0.01)
0
0.03
(0.01)
0
(0.01)
0.02
Total (in dollars per share)
2.27
1.28
1.84
2.31
1.12
(0.36)
1.96
1.72
1.84
1.72
1.01
(3.54)
Basic:
                                                    
Continuing operations (in dollars per share)
2.3
1.3
1.87
2.36
1.14
(0.34)
1.99
1.72
1.88
1.74
1.03
(3.55)
Discontinued operations (in dollars per share)
0
0
0
0
0
(0.01)
0
0.03
(0.01)
0
(0.01)
0.02
Total (in dollars per share)
2.3
1.3
1.87
2.36
1.14
(0.36)
1.99
1.75
1.87
1.74
1.02
(3.54)
Weighted-average number of common shares outstanding:
                                                    
Weighted-average number of common shares outstanding: (millions)
                                                    
Assuming dilution (in shares)
953.3
952.1
948.9
948
945.4
923.6
934.4
933.4
923.7
919.5
917.8
904.1
Basic (in shares)
941.2
938.5
933.9
930.8
928
923.6
920.3
917.2
912.8
909.9
907.5
904.1
Cash dividend per common share
-
-
-
-
-
-
-
-
-
-
-
-