IBM Income Statement Analysis

NYSE:IBM
Information Technology IT Consulting & Other Services

Income Statement

Comprehensive analysis of IBM's revenue, expenses, and profitability

Items Trend charts 2023 2024
Revenue
Total Revenue61.9B62.8B
Costs and Expenses
Cost of Revenue27.6B27.2B
Gross Profit34.3B35.6B
Operating Expenses24.5B25.5B
Operating Income9.8B10.1B
Other Income/Expenses
Interest Expense1.6B1.7B
Profit Before Taxes8.7B5.8B
Income Tax1.2B(218M)
Net Income7.5B6.0B
Per Share Data
Basic EPS8.236.53
Diluted EPS8.146.43
Shares Outstanding (in millions)
Basic Shares911M937M
Diluted Shares922M937M

Note: Fiscal year ends in December. All amounts are in USD millions except per share data. Negative values are shown in parentheses and colored red. EPS values are shown to 3 decimal places, share counts are simplified (M = millions, B = billions).