Last quarter (Q2 2023), International Business Machines's total revenue was $7.74B, a decrease of -50.18% from the same quarter last year. In Q2, International Business Machines's net income was $1.58B. See International Business Machines’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 22	Dec 21	Dec 20	Dec 19	Dec 18
Total Revenue	$ 52.79B	$ 60.53B	$ 57.35B	$ 55.18B	$ 77.15B	$ 79.59B
Cost of Revenue	$ 24.34B	$ 21.06B	$ 25.86B	$ 24.31B	$ 40.66B	$ 42.66B
Gross Profit	$ 33.07B	$ 32.69B	$ 31.48B	$ 30.86B	$ 36.49B	$ 36.94B
Operating Expense	$ 25.11B	$ 30.98B	$ 25.23B	$ 26.24B	$ 25.86B	$ 23.72B
Operating Income	$ 14.93B	$ 1.71B	$ 6.25B	$ 4.62B	$ 10.63B	$ 13.22B
Net Non Operating Interest Income Expense	$ -1.28B	$ -1.22B	$ -1.16B	$ -1.18B	$ -995.00M	$ -723.00M
Other Income Expense	$ -10.33B	$ -663.00M	$ 261.00M	$ -867.00M	$ 529.00M	$ -1.15B
Pretax Income	$ 1.87B	$ 1.16B	$ 4.84B	$ 2.57B	$ 10.17B	$ 11.34B
Tax Provision	$ -300.00M	$ -626.00M	$ 124.00M	$ -1.36B	$ 731.00M	$ 2.62B
Earnings From Equity Interest Net Of Tax	-	-	-	-	-	-
Net Income Common Stockholders	$ 2.03B	$ 1.78B	$ 4.71B	$ 5.59B	$ 9.43B	$ 8.73B
Basic EPS	$ 2.21	$ 1.82	$ 6.41	$ 6.28	$ 10.63	$ 9.57
Diluted EPS	$ 2.15	$ 1.80	$ 6.35	$ 6.23	$ 10.56	$ 9.52
Basic Average Shares	$ 3.63B	$ 902.66M	$ 895.99M	$ 890.35M	$ 887.24M	$ 912.05M
Diluted Average Shares	$ 3.69B	$ 912.27M	$ 904.64M	$ 896.56M	$ 892.81M	$ 916.32M
Dividend Per Share	$ 6.61	$ 6.51	$ 6.55	$ 6.51	$ 6.43	$ 6.21
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	$ 5.41	-	-	$ 8.67	$ 12.81	$ 13.81
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ 49.45B	$ 52.04B	$ 51.10B	$ 50.56B	$ 66.52B	$ 66.37B
Net Income From Continuing And Discontinued Operation	$ 2.02B	$ 1.64B	$ 4.71B	$ 5.59B	$ 9.43B	$ 8.73B
Normalized Income	$ 8.09B	-	-	$ 3.90B	$ 9.24B	$ 8.72B
Interest Expense	$ 608.00M	-	-	$ 1.29B	$ 1.34B	$ 723.00M
EBIT	$ 3.27B	$ 806.00M	$ 4.44B	$ 3.86B	$ 11.51B	$ 12.06B
EBITDA	$ 7.72B	$ 5.61B	$ 10.86B	$ 10.55B	$ 17.57B	$ 16.55B

Currency in USD

International Business Machines Earnings and Revenue History

Get More with TipRanks Premium

What's Included in PREMIUM?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing