International Business Machines

Technology · Information Technology Services

225.50$ -0.7% vs. previous close Closing price · As of: Sep 25, 2026

Statements

Income Statement

International Business Machines (IBM) by the numbers: income statement, balance sheet and cash flow, by year or by quarter. In the most recent period (Q2 26), "Revenue" came in at 17,162 million USD. Tick rows to compare them in a chart.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Amounts Change % Common size % Per share

Last 12 Full history

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All figures in millions of USD.

Tick rows to compare them in a chart (up to 4)

Income Statement IBM
Line item	Q3 16	Q4 16	Q1 17	Q2 17	Q3 17	Q4 17	Q1 18	Q2 18	Q3 18	Q4 18	Q1 19	Q2 19	Q3 19	Q4 19	Q1 20	Q2 20	Q3 20	Q4 20	Q1 21	Q2 21	Q3 21	Q4 21	Q1 22	Q2 22	Q3 22	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	LTM
Revenue	19,227	21,771	18,155	19,289	19,153	22,543	19,071	20,003	18,756	21,760	18,181	19,161	18,027	21,777	17,570	18,123	17,561	20,368	13,187	14,218	13,251	16,695	14,197	15,535	14,106	16,691	14,252	15,475	14,752	17,380	14,461	15,769	14,967	17,553	14,541	16,977	16,331	19,687	15,917	17,162	69,097
Cost of Revenue	10,213	10,877	10,211	10,321	10,172	11,681	10,825	10,804	9,953	11,073	10,139	10,151	9,692	10,677	9,649	9,423	9,130	9,844	6,160	6,366	6,145	7,194	6,862	7,246	6,677	7,058	6,743	6,974	6,729	7,114	6,719	6,820	6,548	7,114	6,510	7,001	6,740	7,758	6,967	7,255	28,720
Gross Profit	9,013	10,893	7,944	8,968	8,981	10,862	8,247	9,199	8,803	10,687	8,043	9,010	8,336	11,100	7,922	8,700	8,430	10,523	7,027	7,852	7,106	9,501	7,335	8,290	7,430	9,632	7,509	8,501	8,023	10,267	7,742	8,950	8,420	10,439	8,031	9,977	9,591	11,928	8,950	9,907	40,376
Research & Development	1,397	1,431	1,484	1,436	1,291	1,427	1,405	1,364	1,252	1,358	1,433	1,407	1,553	1,596	1,625	1,582	1,515	1,611	1,616	1,641	1,606	1,625	1,679	1,673	1,611	1,604	1,655	1,687	1,685	1,748	1,796	1,840	1,876	1,967	1,950	2,097	2,082	2,187	2,173	2,311	8,753
Selling, General & Administrative	4,287	4,571	4,518	4,499	4,137	4,662	4,921	4,301	3,926	4,248	4,141	4,923	4,354	4,690	4,458	4,394	3,993	4,541	4,005	4,095	3,697	4,308	3,960	4,149	3,819	4,175	4,035	4,159	3,878	4,250	4,086	4,293	4,032	4,325	4,023	4,322	4,478	4,561	5,089	4,981	19,109
Total Operating Expenses	5,634	5,890	6,050	6,087	5,582	6,210	6,519	5,931	5,336	5,863	6,021	6,641	6,411	6,834	6,734	6,490	6,022	6,525	6,071	6,253	5,770	6,527	6,151	6,329	5,868	6,134	6,073	6,223	5,919	6,271	6,179	6,515	6,242	6,538	6,266	6,890	6,931	7,080	7,590	7,292	28,893
Operating Income	3,380	5,004	1,894	2,881	3,399	4,652	1,727	3,268	3,467	4,824	2,021	2,369	1,924	4,266	1,187	2,210	2,409	3,999	956	1,599	1,336	2,974	1,184	1,960	1,561	3,499	1,436	2,278	2,104	3,995	1,563	2,434	2,177	3,901	1,765	3,086	2,660	4,849	1,360	2,615	11,484
Interest Expense	158	157	135	147	168	164	165	173	191	193	210	348	432	354	326	323	323	317	280	281	290	304	311	297	295	313	367	423	412	405	432	427	429	424	455	510	492	478	473	486	1,929
Pre-Tax Income	3,263	4,985	1,424	2,443	3,065	4,469	1,136	2,776	2,996	4,434	1,883	2,768	1,522	3,993	-49	1,571	1,827	1,289	244	911	813	2,869	623	1,722	-4,501	3,312	1,058	2,000	1,873	3,759	1,074	2,219	-802	3,306	1,158	2,597	2,430	4,144	1,387	2,479	10,440
Income Tax Expense	409	480	-329	111	339	5,522	-540	373	304	2,481	289	269	-151	324	-1,226	209	129	25	-159	101	-224	406	-39	257	-1,287	444	124	419	159	474	-502	389	-485	379	103	404	686	-1,435	172	313	-264
Net Income	2,853	4,501	1,750	2,331	2,726	-1,055	1,679	2,403	2,694	1,951	1,591	2,498	1,672	3,670	1,175	1,361	1,697	1,355	955	1,325	1,130	2,332	733	1,392	-3,196	2,711	927	1,583	1,704	3,288	1,605	1,834	-330	2,914	1,055	2,194	1,744	5,600	1,216	2,165	10,725
EBITDA	4,548	6,269	2,658	3,707	4,409	5,782	2,415	4,065	4,325	5,739	3,539	4,410	3,623	5,997	1,911	3,573	3,833	3,305	2,196	2,873	2,787	4,553	2,190	3,265	-3,043	4,762	2,499	3,500	3,378	5,316	2,637	3,801	895	4,843	2,790	4,374	4,205	5,917	3,134	2,965	16,221

LTM = last twelve months (sum of the four most recent quarters).

Showing the most recent 40 periods — older statements are on file for this stock.

Data as of: September 25, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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